NOT LISTED FOR SALE

620 W Gordon St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $207,000 - $247,518

3 Beds
2 Baths
1,796 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $190,000 $106 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,406/month

6 Days on Market

About This Home

As of April 2022

Looking 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.**

Last Agent to Sell the Property

Cliff Lewis

Coldwell Banker Hearthside License #RS282311 Listed on: 03/07/2022

Coldwell Banker Hearthside

Co-Listed By

Wade Budinetz

Coldwell Banker Hearthside License #RS349238

Last Buyer's Agent

paveet bali

Coldwell Banker Hearthside License #RS330128

Coldwell Banker Hearthside

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,365

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Cable, Smk Detector Battery
  • County Assessment: 77100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1875
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Hardwood, Patio
  • Bathrooms: Semi Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Square Footage: 1796

Exterior Features

  • Construction: Aluminum, Brick

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Gas, Radiator
  • Sewer: Public
  • Water: Public
  • Insurance: 1000
  • Trash Removal: 360
  • Water Sewer: 600

Fee Information

  • Operating Expense: 5173

Lot Info

  • Acres: 0.051
  • Lot Sq Ft: 2239
  • Zoning Code: R-Mh-Medium High Density Residential

Tax Info

  • Assessor Parcel Number: 640702643706 001
  • County Taxes: 291.44
  • Municipal Taxes: 463.55
  • Total Taxes: 2364.63

Multi Family

  • School Taxes: 1609.64
  • Total Units: 2
  • Total Unit Count: 2

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
Current Estimated Value
$227,380

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
$48,482
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$178,898

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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) 751-8280

    39 in this area

    1,284 Total Sales

    Cliff Lewis
    Section Image
  • Wade Budinetz

    Seller Co-Listing Agent in 2022

    Wade Budinetz

    Coldwell Banker Hearthside

    (610) 554-6567

    5 in this area

    225 Total Sales

    Wade Budinetz
    Section Image

  • p

    Buyer's Agent in 2022

    paveet bali

    Coldwell Banker Hearthside

    2 in this area

    43 Total Sales

    paveet bali
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 688869

Greater Lehigh Valley REALTORS®

APN: 640702643706-1

Pennsylvania Lehigh County Allentown 18102 Center City

620 W Gordon St, Allentown, PA

Not Listed for Sale

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