Seller's Agent in 2013
Patricia Heine
BHHS Fox & Roach
(610) 282-3254
81 Total Sales
422 Ridge St Emmaus, PA 18049
Estimated Value: $266,348 - $352,000
2
Beds
2
Baths
1,620
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Brick or Stone Veneer
- Patio
- Wall to Wall Carpet
- Emmaus High School Rated A-
- Ceiling Fan
About This Home
As of December 2013Be on autopilot managing this great investment property! Desirable Emmaus location close to restaurants, shopping, and parks. Building is in wonderful shape with each unit having modern kitchens and baths and their own washer/dryer units. Yard has a nice patio for tenants, 4 car parking, and beautiful gardens which each tenant maintains. Additional updates include wiring, windows, roof, and more! Separate electric and hot water heaters. Owner pays for heat, cold water, sewer, and trash. Best of all, current tenants take pride in the property and a true joy (one is long-term)! Won't last long! Make an appointment today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,255
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 20 x 196
Home Design
- Brick or Stone Veneer
Interior Spaces
- 1,620 Sq Ft Home
- 2.5-Story Property
- Ceiling Fan
- Wall to Wall Carpet
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- 2 Parking Spaces
- Paved Parking
Outdoor Features
- Patio
Utilities
- No Cooling
- Radiator
- Heating System Uses Oil
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 549456702050001
Community Details
Building Details
- Insurance Expense $1,070
- Maintenance Expense $250
- Other Expense $400
- Water Sewer Expense $380
- Operating Expense $9,347
- Gross Income $19,200
- Net Operating Income $9,853
Additional Features
- 2 Units
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2013
Closed on
Dec 20, 2013
Sold by
Madsen Stephen J and Madsen Debra B
Bought by
Erb Alex S and Smith Michelle A
Seller's Agent
Patricia Heine
BHHS Fox & Roach Center Valley
Buyer's Agent
Lori Bartkus
RE/MAX Real Estate
List Price
$173,500
Sold Price
$173,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,505
Avg. Annual Appreciation
5.39%
Original Mortgage
$138,800
Outstanding Balance
$105,375
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$214,701
Purchase Details
Closed on
Nov 29, 2011
Sold by
Coates Budd L
Bought by
Madsen Stephen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 1994
Sold by
Ruth Clarence D
Bought by
Coates Budd L and Dashe Ellen M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erb Alex S | $173,500 | None Available | |
| Madsen Stephen J | $153,000 | -- | |
| Coates Budd L | $16,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erb Alex S | $138,800 | |
| Previous Owner | Madsen Stephen J | $114,750 | |
| Previous Owner | Coates Budd L | $49,999 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2013 12/19/13 | Sold | $173,500 | 0.0% | $107 / Sq Ft |
| 10/29/2013 10/29/13 | Pending | -- | -- | -- |
| 08/17/2013 08/17/13 | For Sale | $173,500 | -- | $107 / 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 | $4,738 | $134,500 | $16,000 | $118,500 |
| 2024 | $4,340 | $134,500 | $16,000 | $118,500 |
| 2023 | $4,255 | $134,500 | $16,000 | $118,500 |
| 2022 | $4,115 | $134,500 | $118,500 | $16,000 |
| 2021 | $4,012 | $134,500 | $16,000 | $118,500 |
| 2020 | $3,977 | $134,500 | $16,000 | $118,500 |
| 2019 | $3,871 | $134,500 | $16,000 | $118,500 |
| 2018 | $3,725 | $134,500 | $16,000 | $118,500 |
| 2017 | $3,610 | $134,500 | $16,000 | $118,500 |
| 2016 | -- | $134,500 | $16,000 | $118,500 |
| 2015 | -- | $134,500 | $16,000 | $118,500 |
| 2014 | -- | $134,500 | $16,000 | $118,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2013
Lori Bartkus
RE/MAX
(484) 519-4444
8 in this area
125 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 456844
APN: 549456702050-1
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