NOT LISTED FOR SALE

Estimated Value: $596,542

8 Beds
2 Baths
7,248 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $350,000 $48 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,306/month

140 Days on Market

Highlights

  • Commercial or Retail Space
  • Central Air
  • Heating System Uses Oil
  • Macungie Elementary School Rated A-

About This Home

As of May 2018

After many successful yrs in the antique business, seller has decided to retire. Looking for a brick farm house with stone bank barn & storage on the upper level & approximately 2000 Sq foot of office space on the 1st level? Located at the intersection of Rt 29 & Shimerville rd. Farm house has LR with wd floors & wood burning fireplace (Check out room) Dining rm with wood floors (Show rm) Possible extension to work rm? 1/2 bath, Boarded up fireplace may have been kitchen? The 2nd level has lunch rm, Full bath, (Shower never used)There are 3 more rms. that may have been bed rms., pantry & large attic for storage. Note: 2nd floor has Pumpkin Pine flooring. Full basement with wood bilco, oil hot water heat, electric hot water heater, water tank & softener. Just outside the house is a summer kitchen with smoke house in the rear. Bank barn has upper level storage, & metal roof. Lower level is finished with office space that has heat & Ac units. Call today to schedule your private showing.

Last Agent to Sell the Property

Jay Young

Keller Williams Northampton License #RS250135 Listed on: 11/13/2017

Keller Williams Northampton

Last Buyer's Agent

Christi Nothstein

BHHS Fox & Roach - Allentown

BHHS Fox & Roach - Allentown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 181.05x205

Home Design

  • 7,248 Sq Ft Home
  • Commercial or Retail Space
  • Brick Exterior Construction

Parking

  • 18 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 548360867906001

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $1,000
  • Other Expense $2,000
  • Operating Expense $18,482
  • Gross Income $48,000
  • Net Operating Income $29,518

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial
  • County Assessment: 455900.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Square Footage: 7248

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 18

Utilities

  • Cooling: Central AC
  • Heat Type: Electric, Oil
  • Sewer: Septic
  • Water: Well
  • Insurance: 2500

Condo/Co-op/Association

  • Lawn Snow Removal: 3000
  • Maintenance Repair: 1000

Fee Information

  • Operating Expense: 18482

Schools

  • School District: East Penn

Lot Info

  • Acres: 1.000
  • Lot Dimensions: 181.05x205
  • Lot Sq Ft: 43560
  • Zoning Code: Vc-Village Center

Rental Info

  • Other Expenses: 2000

Tax Info

  • Assessor Parcel Number: 548360867906001
  • County Taxes: 1723.30
  • Municipal Taxes: 205.16
  • Total Taxes: 10898.75

Multi Family

  • School Taxes: 8970.29
  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
May 31, 2018
Sold by
Ramsey Anita J
Bought by
Manwithaplan Llc
Seller's Agent
Jay Young
Keller Williams Northampton
Buyer's Agent
Christi Nothstein
BHHS Fox & Roach - Allentown
List Price
$350,000
Sold Price
$350,000
Total Days on Market
140
Current Estimated Value
$596,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,542
Avg. Annual Appreciation
7.89%
Original Mortgage
$240,500
Outstanding Balance
$180,672
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$415,870

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bracy Christopher W
Bought by
Ramsey Gerald E and Ramsey Anita J

Purchase Details

Closed on
Aug 26, 1993
Bought by
Bracy Inc
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
Manwithaplan Llc $350,000 Trident Land Transfer Compan
Ramsey Gerald E $325,000 --
Bracy Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manwithaplan Llc $110,000
Open Manwithaplan Llc $240,500
Previous Owner Ramsey Gerald E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $350,000 0.0% $48 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $350,000 -- $48 / 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 $11,639 $455,900 $196,000 $259,900
2024 $11,124 $455,900 $196,000 $259,900
2023 $10,899 $455,900 $196,000 $259,900
2022 $10,638 $455,900 $259,900 $196,000
2021 $10,409 $455,900 $196,000 $259,900
2020 $10,308 $455,900 $196,000 $259,900
2019 $10,244 $455,900 $196,000 $259,900
2018 $9,982 $455,900 $196,000 $259,900
2017 $9,806 $455,900 $196,000 $259,900
2016 -- $455,900 $196,000 $259,900
2015 -- $455,900 $196,000 $259,900
2014 -- $455,900 $196,000 $259,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 563542

Greater Lehigh Valley REALTORS®

APN: 548360867906-1