NOT LISTED FOR SALE

322 Main St Emmaus, PA 18049

-- Bed
-- Bath
6,284 Sq Ft
1910 Built

Sale Details

Date Sold: December 29, 2022

Last sale price $930,000 $148 Per Sq Ft

73 Days on Market

Highlights

  • Commercial or Retail Space
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Emmaus High School Rated A-

About This Home

As of December 2022

The Clock Building Multi unit investment property 100% occupied in the center of Emmaus immediately adjacent to the Triangle Emmaus Run Inn a primary tenant with a long term lease to 06/2028 and two (2) residential units on the 2nd floor each with a lease into 2023 $55,322 NOI A well maintained building with off street parking

Last Agent to Sell the Property

Ron Eichenberg

BHHS Fox & Roach - Allentown Listed on: 08/29/2022

BHHS Fox & Roach - Allentown

Last Buyer's Agent

Sarah Stauffer

Wesley Works Real Estate License #RM421364

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,172

Year Built

  • Built in 1910

Home Design

  • 6,284 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Parking

  • 5 Parking Spaces
  • Paved Parking

Lot Details

  • Property is zoned B-C

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 549465580631

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $4,538
  • Manager Expense $7,564
  • Operating Expense $34,168
  • Gross Income $82,992
  • Net Operating Income $55,322

Property Details

Property Type

Other

Est. Annual Taxes

$11,172

Year Built

Built in 1910

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 353100.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1910
  • Year Built Exception: Unknown
  • Special Features: 20

Interior Features

  • Bathrooms: Modern
  • Square Footage: 6284

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 5

Utilities

  • Cooling: Central AC
  • Heat Type: Baseboard, Electric, Forced Air
  • Sewer: Public
  • Water: Public
  • Insurance: 600

Condo/Co-op/Association

  • Maintenance Repair: 4538
  • Management: 7564

Fee Information

  • Operating Expense: 34168

Lot Info

  • Zoning Code: B-C

Tax Info

  • Assessor Parcel Number: 549465580631
  • County Taxes: 1334.72
  • Municipal Taxes: 2889.06
  • Total Taxes: 11171.73

Multi Family

  • School Taxes: 6947.95
  • Total Units: 3
  • Total Unit Count: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Dec 29, 2022
Sold by
Bought by
Seller's Agent
Ron Eichenberg
BHHS Fox & Roach - Allentown
Buyer's Agent
Sarah Stauffer
Wesley Works Real Estate
List Price
$1,450,000
Sold Price
$930,000
Premium/Discount to List
-$520,000
-35.86%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Bought by

Purchase Details

Closed on
May 1, 1979
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$930,000 --
$325,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $744,000
Closed $283,000
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $930,000 -27.9% $148 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $1,290,000 -11.0% $205 / Sq Ft
08/29/2022 08/29/22 For Sale $1,450,000 -- $231 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,805 $353,100 $43,300 $309,800
2025 $12,438 $353,100 $43,300 $309,800
2024 $11,393 $353,100 $43,300 $309,800
2023 $11,171 $353,100 $43,300 $309,800
2022 $10,803 $353,100 $309,800 $43,300
2021 $10,533 $353,100 $43,300 $309,800
2020 $10,442 $353,100 $43,300 $309,800
2019 $10,163 $353,100 $43,300 $309,800
2018 $9,780 $353,100 $43,300 $309,800
2017 $9,478 $353,100 $43,300 $309,800
2016 -- $353,100 $43,300 $309,800
2015 -- $353,100 $43,300 $309,800
2014 -- $353,100 $43,300 $309,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 700540

Greater Lehigh Valley REALTORS®
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