NOT LISTED FOR SALE

524 W Broad St Quakertown, PA 18951

Estimated Value: $310,855

4 Beds
1 Bath
1,820 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $230,000 $126 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,009/month

42 Days on Market

Highlights

  • Brick or Stone Veneer
  • Central Air
  • Heating System Uses Gas
  • Commercial or Retail Space
  • Ceiling Fan

About This Home

As of November 2020

Great commercial health network opportunity! This property is strategically located in Quakertowns medical district, less than .5 miles from the St Lukes Quakertown Campus. With an excellent location right off of route 309 patients can travel with ease from Bucks, Lehigh, and Northampton Counties. The main level is equipped with multiple exam rooms to meet the needs of a family doctor or specialist. The 2nd level offers a spacious 2 bedroom apartment with private entrance. Perfect for an owner/user or investor this property offers enormous potential and pride of ownership.

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside Listed on: 08/18/2020

Coldwell Banker Hearthside

Co-Listed By

Devin Zydyk

Coldwell Banker Hearthside

Last Buyer's Agent

Michael Bernadyn

RE/MAX Real Estate

RE/MAX Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1930

Lot Details

  • 8,000 Sq Ft Lot

Home Design

  • Commercial or Retail Space
  • Brick or Stone Veneer
  • Vinyl Construction Material

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35-008-183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 21500.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Square Footage: 1820

Exterior Features

  • Construction: Imitation Stone, Vinyl

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fan, Central AC
  • Heat Type: Electric, Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.184
  • Lot Sq Ft: 8000
  • Zoning Code: 35C2

Tax Info

  • Assessor Parcel Number: 35-008-183
  • County Taxes: 525.68
  • Municipal Taxes: 34.94
  • Total Taxes: 4190.47

Multi Family

  • School Taxes: 3629.85
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Nov 5, 2020
Sold by
Physical Professional Center Llc
Bought by
Harle Properties Llc
Seller's Agent
Cliff Lewis
Coldwell Banker Hearthside
Buyer's Agent
Michael Bernadyn
RE/MAX Real Estate
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$310,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,855
Avg. Annual Appreciation
6.03%
Original Mortgage
$184,000
Outstanding Balance
$164,107
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,264

Purchase Details

Closed on
Jan 25, 2006
Sold by
Riegel Shirley A
Bought by
Physicians Professional Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 1969
Bought by
Riegel Clyde M and Riegel Shirley A
Source: Public Records

Range of Values:

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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
Harle Properties Llc $230,000 Lighthouse Abstract Ltd
Physicians Professional Center Llc $273,200 None Available
Riegel Clyde M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harle Properties Llc $184,000
Previous Owner Physicians Professional Center Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $230,000 -4.2% $126 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/22/2020 08/22/20 Price Changed $240,000 -4.0% $132 / Sq Ft
08/18/2020 08/18/20 For Sale $250,000 -- $137 / 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 $4,328 $21,500 $4,100 $17,400
2024 $4,328 $21,500 $4,100 $17,400
2023 $4,285 $21,500 $4,100 $17,400
2022 $4,212 $21,500 $4,100 $17,400
2021 $4,212 $21,500 $4,100 $17,400
2020 $4,212 $21,500 $4,100 $17,400
2019 $4,095 $21,500 $4,100 $17,400
2018 $3,953 $21,500 $4,100 $17,400
2017 $3,830 $21,500 $4,100 $17,400
2016 $3,830 $21,500 $4,100 $17,400
2015 -- $21,500 $4,100 $17,400
2014 -- $21,500 $4,100 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 645773

Greater Lehigh Valley REALTORS®

APN: 35-008-183