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1118 Old Gate Road

1118 Old Gate Road, Northampton, PA 18067
Property in Allen
Sold Apr 19, 2022
$285,000
$270,750 by Better Mortgage Corporation
Mortgage Due May 01, 2052
Sold Mar 21, 2016
$146,500
$100,000 by United Wholesale Mortgage
Mortgage Due Apr 01, 2046
1118 Old Gate Road in Northampton, PA was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1118 Old Gate Road has 1,588 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Old Gate Road sold most recently in Apr 13, 2022 for a total of $285,000. If you work out the math, that's approximately a cost of $179.47 per sqft. Before that, the property was also sold for $146,500 in Mar 18, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,248 in taxes each year. 1118 Old Gate Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $59,400. If we break it down further, the land itself was valued at $18,300. Improvements to the property, however, were assessed at a total of $41,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,588
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TRUONG LY
  • Current Owner 2: KIM HOANG KIM
  • Previous Owner : DEGIDIO MARIO B
  • Owner Before Previous Owner: NEWMAN HEATHER LEAH ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northampton Area School District
  • School Tax School District: NORTHAMPTON SCH
  • Census Tract: 016400

Zoning

  • Zoning: C

Geography

  • District: 01
  • Parcel: M4 1 1-34 0501
  • Municipality: ALLEN TOWNSHIP
  • Latitude: 40.6859
  • Longitude: -75.4725

    Address

  • Full Address: 1118 Old Gate Rd
  • Address - House Number: 1118
  • Address - Street Name: Old Gate
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Northampton
  • Carrier Code: R006
  • 4-Digit Zip Code: 8703
  • Zip Code: 18067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,248
  • Tax Rate Code Area: NORTHAMPTO

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 314,943
  • High Value: 375,633
  • Low Value: 254,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,750
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $270,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $118,800
  • Market Land Value: $36,600
  • Market Improvement Value: $82,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $59,400
  • Assessed Land Value: $18,300
  • Assessed Improvements Value: $41,100

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Transaction ID: 11900658506
  • Current Sale Price: $285,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13519
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Mar 18, 2016
  • Previous Sale Amount: $146,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Apr 19, 2022
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 21, 2016
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 1118 Old Gate Road located in?
The 1118 Old Gate Road is a located in the neighborhood of Allen in Northampton, Northampton.
What is the average sales price for listings in 1118 Old Gate Road?
The average sales price for units in 1118 Old Gate Road is $0 currently.

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