NOT LISTED FOR SALE

1360 Shimerville Rd Emmaus, PA 18049

Estimated Value: $363,000 - $408,000

4 Beds
2 Baths
1,920 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $235,000 $122 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,629/month

21 Days on Market

About This Home

As of November 2018

LIVE IN 1 & RENT THE OTHER OR RENT BOTH....Welcome to 1360 Shimerville Road, A turn key 2 unit investment property in East Penn School District located directly across from the community park. Property offers 2- 2Br, 1 bath units with Central air, off street parking, newer windows, roof, & C/A units. This is a must to see & add to your portfolio. Call to schedule a showing today.

Last Agent to Sell the Property

Jeffrey Adams

RE/MAX Real Estate License #AB068781 Listed on: 09/26/2018

Last Buyer's Agent

Mick Seislove

BHHS Fox & Roach Macungie

BHHS Fox & Roach Macungie

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 181x67

Home Design

  • Duplex

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 549411902346001

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Water Sewer Expense $1,000
  • Operating Expense $7,700
  • Gross Income $24,516
  • Net Operating Income $17,016

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • Technology: Cable
  • County Assessment: 191800.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Features: Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Square Footage: 1920

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Central AC
  • Heat Type: Forced Air, Heat Pump
  • Sewer: Public
  • Water: Public
  • Insurance: 600
  • Water Sewer: 1000

Condo/Co-op/Association

  • Lawn Snow Removal: 800

Fee Information

  • Operating Expense: 7700

Schools

  • School District: East Penn

Lot Info

  • Acres: 0.338
  • Lot Dimensions: 181x67
  • Lot Sq Ft: 14723
  • Zoning Code: R-L

Tax Info

  • Assessor Parcel Number: 549411902346001
  • County Taxes: 725.00
  • Municipal Taxes: 1569.31
  • Total Taxes: 6068.36

Multi Family

  • School Taxes: 3774.05
  • Total Units: 2
  • Total Unit Count: 2

MLS Schools

  • School District: East Penn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 14, 2018
Sold by
Apgar Jeffrey D and Apgar Korie E
Bought by
Jeff S Property Management Llc
Seller's Agent
Jeffrey Adams
RE/MAX Real Estate
Buyer's Agent
Mick Seislove
BHHS Fox & Roach Macungie
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$393,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,816
Avg. Annual Appreciation
7.71%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jul 17, 2015
Sold by
Reel Duane R
Bought by
Apgar Jeffrey D and Apgar Korie E
Seller's Agent
Peter Ryan
RE/MAX Central - Center Valley
Buyer's Agent
Richard Woodring
BHHS Fox & Roach Center Valley
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%
Original Mortgage
$164,925
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2003
Sold by
Huzela Thomas M and Hoffman Randall N
Bought by
Reel Duane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1989
Sold by
Mohr Bessie L
Bought by
Huzela Thomas M
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
Jeff S Property Management Llc $235,000 None Available
Apgar Jeffrey D $219,900 None Available
Reel Duane R $164,000 --
Huzela Thomas M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apgar Jeffrey D $164,925
Previous Owner Reel Duane R $131,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2018 11/14/18 Sold $235,000 -6.0% $122 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $249,900 +13.6% $130 / Sq Ft
07/17/2015 07/17/15 Sold $219,900 0.0% $115 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $219,900 -- $115 / 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 $6,756 $191,800 $44,100 $147,700
2024 $6,189 $191,800 $44,100 $147,700
2023 $6,068 $191,800 $44,100 $147,700
2022 $5,868 $191,800 $147,700 $44,100
2021 $5,721 $191,800 $44,100 $147,700
2020 $5,672 $191,800 $44,100 $147,700
2019 $5,520 $191,800 $44,100 $147,700
2018 $5,312 $191,800 $44,100 $147,700
2017 $5,116 $190,600 $44,100 $146,500
2016 -- $190,600 $44,100 $146,500
2015 -- $190,600 $44,100 $146,500
2014 -- $190,600 $44,100 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 591178

Greater Lehigh Valley REALTORS®

APN: 549411902346-1