620 W Gordon St Allentown, PA 18102
Center City NeighborhoodEstimated Value: $202,000 - $232,000
3
Beds
2
Baths
1,796
Sq Ft
$124/Sq Ft
Est. Value
About This Home
As of April 2022Looking to add to your rental portfolio or maybe start your journey to earning passive income? Then this is the property for you! This well maintained property consists of a 1 bedroom/1 bath unit on the first floor and a 2 bedroom/1 bath unit on the 2nd and 3rd floors. A 2 car parking pad is an added bonus and a rare find in the city. Low taxes, low expenses. Estimated cap rate 11%!
**Highest and best offers due by Saturday 3/12/22 at 5pm.**
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,365
Year Built
- Built in 1875
Lot Details
- 2,239
Parking
- 2 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,796 Sq Ft Home
- 2-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Home Security
Utilities
- No Cooling
- Radiator
- Heating System Uses Gas
- Cable TV Available
Additional Features
- Patio
- 2,239 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 640702643706 001
Community Details
Building Details
- Insurance Expense $1,000
- Trash Expense $360
- Water Sewer Expense $600
- Operating Expense $5,173
- Gross Income $27,000
- Net Operating Income $20,747
Additional Features
- 2 Units
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2018
Sold by
Munsch John P
Bought by
Leon Eudes Norberto De
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Outstanding Balance
$48,960
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$169,881
Purchase Details
Closed on
Apr 29, 1988
Sold by
Bolez Francis J
Bought by
Munsch James F
Purchase Details
Closed on
Oct 30, 1985
Sold by
Boruch Wasyl and Boruch Anna M
Bought by
Bolez Francis J
Similar Homes in Allentown, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leon Eudes Norberto De | $45,000 | None Available | |
| Munsch James F | $57,500 | -- | |
| Bolez Francis J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leon Eudes Norberto De | $55,250 | |
| Previous Owner | Munsch James F | $5,624 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $190,000 | +2.7% | $106 / Sq Ft |
| 03/13/2022 03/13/22 | Pending | -- | -- | -- |
| 03/07/2022 03/07/22 | For Sale | $185,000 | -- | $103 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
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 | $2,501 | $77,100 | $6,300 | $70,800 |
| 2024 | $2,501 | $77,100 | $6,300 | $70,800 |
| 2023 | $2,501 | $77,100 | $6,300 | $70,800 |
| 2022 | $2,413 | $77,100 | $70,800 | $6,300 |
| 2021 | $2,365 | $77,100 | $6,300 | $70,800 |
| 2020 | $2,303 | $77,100 | $6,300 | $70,800 |
| 2019 | $2,265 | $77,100 | $6,300 | $70,800 |
| 2018 | $2,115 | $77,100 | $6,300 | $70,800 |
| 2017 | $2,061 | $77,100 | $6,300 | $70,800 |
| 2016 | -- | $77,100 | $6,300 | $70,800 |
| 2015 | -- | $77,100 | $6,300 | $70,800 |
| 2014 | -- | $77,100 | $6,300 | $70,800 |
Source: Public Records
Agents Affiliated with this Home
-
Cliff Lewis
Seller's Agent in 2022
Cliff Lewis
Coldwell Banker Hearthside
(610) 936-9960
46 in this area
1,423 Total Sales
-
Wade Budinetz
Seller Co-Listing Agent in 2022
Wade Budinetz
Coldwell Banker Hearthside
(610) 554-6567
5 in this area
220 Total Sales
-
paveet bali
p
Buyer's Agent in 2022
paveet bali
IronValley RE of Lehigh Valley
2 in this area
39 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 688869
APN: 640702643706-1
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