NOT LISTED FOR SALE

51 S Broadway Wind Gap, PA 18091

Plainfield Township Neighborhood

Estimated Value: $356,000 - $393,000

5 Beds
5 Baths
2,773 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $260,000 $94 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,044/month

8 Days on Market

About This Home

As of October 2020

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST BY 9-3 2 PM.
4 Unit apartment building in Wind Gap. Both sides of a twin. Each side with 2 apartments equally 4 units. Off street parking for each unit. Long history tenants. Covered porches. Tenant pay heat, electric. Low costs to operate. Turn key. Fully rented. Great location.

Last Agent to Sell the Property

Mark Lutz

RE/MAX Real Estate License #RS270207 Listed on: 08/26/2020

Last Buyer's Agent

Emily Schock

Bear Rock Realty LLC License #RM425422

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,948

Year Built

  • Built in 1920

Lot Details

  • 6,360 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,773 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number E8SW4C 6 5 0638

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $235
  • Operating Expense $465
  • Gross Income $2,775
  • Net Operating Income $2,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,948

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 59000.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Square Footage: 2773

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Window AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 1200
  • Water Sewer: 235

Fee Information

  • Operating Expense: 465

Schools

  • School District: Pen Argyl

Lot Info

  • Acres: 0.146
  • Lot Sq Ft: 6360
  • Zoning Code: C-COMMUNITY COMMERCIAL

Tax Info

  • Assessor Parcel Number: E8SW4C 6 5 0638
  • County Taxes: 696.20
  • Municipal Taxes: 944.00
  • Total Taxes: 4947.74

Multi Family

  • School Taxes: 3307.54
  • Total Units: 4
  • Total Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 23, 2020
Sold by
Master Barbara A and Adoyo Talya M
Bought by
Gmelch John G and Gmelch Jena L
Seller's Agent
Mark Lutz
RE/MAX Real Estate
Buyer's Agent
Emily Schock
Bear Rock Realty LLC
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$373,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,687
Avg. Annual Appreciation
7.70%
Original Mortgage
$187,500
Outstanding Balance
$167,229
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$206,458

Purchase Details

Closed on
Jan 31, 2018
Sold by
Master Barbara A
Bought by
Master Barbara A and Adovo Talya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1989
Sold by
Master Barbara A
Bought by
Master Barbara A

Purchase Details

Closed on
Aug 1, 1987
Bought by
Master Barbara A
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gmelch John G $260,000 Mount Bethel Abstract Inc
Master Barbara A -- None Available
Master Barbara A -- --
Master Barbara A $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmelch John G $187,500
Previous Owner Master Barbara A $91,000
Previous Owner Master Barbara A $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $260,000 -1.9% $94 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $265,000 -- $96 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $637 $59,000 $17,100 $41,900
2024 $5,007 $59,000 $17,100 $41,900
2023 $5,007 $59,000 $17,100 $41,900
2022 $4,948 $59,000 $17,100 $41,900
2021 $4,948 $59,000 $17,100 $41,900
2020 $4,948 $59,000 $17,100 $41,900
2019 $4,796 $59,000 $17,100 $41,900
2018 $3,822 $48,300 $17,900 $30,400
2017 $3,692 $48,300 $17,900 $30,400
2016 -- $48,300 $17,900 $30,400
2015 -- $48,300 $17,900 $30,400
2014 -- $48,300 $17,900 $30,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Lutz

    Seller's Agent in 2020

    Mark Lutz

    RE/MAX

    (610) 554-4594

    11 in this area

    180 Total Sales

    Mark Lutz
    Section Image
  • Emily Schock

    Buyer's Agent in 2020

    Emily Schock

    Bear Rock Realty LLC

    (570) 778-8998

    1 in this area

    123 Total Sales

    Emily Schock
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 646292

Greater Lehigh Valley REALTORS®

APN: E8SW4C-6-5-0638

Pennsylvania Northampton County Wind Gap 18091 Plainfield Township

51 S Broadway, Wind Gap, PA

This home is located at 51 S Broadway, Wind Gap, PA 18091 since 26 August 2020 and is currently estimated at $373,687, approximately $134 per square foot. This property was built in 1920. 51 S Broadway is a home located in Northampton County with nearby schools including Plainfield Elementary School, Wind Gap Middle School, and Pen Argyl Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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