NOT LISTED FOR SALE

5641 Wedge Ln Allentown, PA 18106

Lower Macungie Township East Neighborhood

Estimated Value: $255,428 - $279,000

3 Beds
1.5 Baths
1,180 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $235,100 $199 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,655/month

4 Days on Market

Highlights

  • Baseboard Heating
  • Emmaus High School Rated A-
  • 2-minute walk to Shepherd Hills Park

About This Home

As of February 2024

Occupied Single Family Home located in Lower Macungie. Tenants are responsible for all utilities: Water, Sewer, Trash, and Electric (Heat, Cooking, and Hot Water). Tenants are also responsible for: Lawn/ Shrubbery Care, Snow/Ice Removal and pest control if needed.
Owner is responsible for: Heater Maintenance, Sewer Maintenance, Tax and Insurance.
Gross Income is $21,008, Net is $17,440 - Cap at 6.9% at a 250k List Price.

This Well Maintained three bedroom, 1.5 Bathroom townhouse in West Allentown/Wescosville, features updated flooring throughout the unit and a spacious kitchen and dining room. Included Appliances: Electric Oven/Range, Refrigerator, Dishwasher, In-Wall A/C, and Washer/Dryer. Highlights include in unit washer/dryer, full basement for additional storage, and yard with deck, perfect for relaxing and enjoying those warmer months. Conveniently located near local shopping and entertainment.

Last Agent to Sell the Property

Jennifer de Jesus

Steel City Realty Listed on: 01/12/2024

Last Buyer's Agent

Adeeb Layous

Mamari Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1975

Lot Details

  • 1,999 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • 1 Parking Space
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 547553534756001

Community Details

Building Details

  • Insurance Expense $800
  • Operating Expense $3,667
  • Gross Income $21,108
  • Net Operating Income $17,440

Additional Features

  • Shepherd Hills Subdivision
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,868

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Row/Townhouse
  • Technology: Smoke Detector Wired
  • County Assessment: 116100.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1975
  • Adult Comm55 Over Y N: No
  • Special Features: None

Interior Features

  • Bathrooms: Modern
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Square Footage: 1180

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard, Electric
  • Sewer: Public
  • Water: Public
  • Insurance: 800

Fee Information

  • Operating Expense: 3667

Schools

  • School District: East Penn

Lot Info

  • Acres: 0.046
  • Lot Sq Ft: 1999
  • Zoning Code: U-URBAN

Tax Info

  • Assessor Parcel Number: 547553534756001
  • County Taxes: 438.86
  • Municipal Taxes: 87.08
  • Total Taxes: 2867.68

Multi Family

  • School Taxes: 2341.74
  • Total Units: 1
  • Total Unit Count: 1

MLS Schools

  • School District: East Penn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 12, 2024
Sold by
Sollars David
Bought by
Mimari Shadi
Seller's Agent
Jennifer de Jesus
Steel City Realty
Buyer's Agent
Adeeb Layous
Mamari Realty
List Price
$250,000
Sold Price
$235,100
Premium/Discount to List
-$14,900
-5.96%
Views
18
Current Estimated Value
$266,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,507
Avg. Annual Appreciation
6.95%
Original Mortgage
$175,100
Outstanding Balance
$172,352
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$89,600

Purchase Details

Closed on
Jan 24, 2022
Sold by
Sollars 5641 Wedge Lane Llc
Bought by
Sollars David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,290
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2021
Closed on
Feb 26, 2021
Sold by
Loupos Scott M
Bought by
Sollars 5641 Wedge Lane Llc
Seller's Agent
George El-Khoury
IronValley RE of Lehigh Valley
Buyer's Agent
nonmember nonmember
NON MBR Office
Sold Price
$1,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Jul 18, 1989
Sold by
Dauscher James R and Dauscher Karen
Bought by
Loupos Scott M

Purchase Details

Closed on
May 11, 1983
Sold by
Mccorrison Charles R and Mccorrison Sally S
Bought by
Dauscher James R and Dauscher Karen

Purchase Details

Closed on
Nov 30, 1979
Bought by
Mccorrison Charles R and Mccorrison Sally S
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
Mimari Shadi $235,100 Steel Abstract
Sollars David $160,218 Germantown Title
Sollars 5641 Wedge Lane Llc $160,000 First United Land Transfer I
Loupos Scott M $84,500 --
Dauscher James R $47,900 --
Mccorrison Charles R $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mimari Shadi $175,100
Previous Owner Sollars David $130,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $235,100 -6.0% $199 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $250,000 0.0% $212 / Sq Ft
03/04/2021 03/04/21 Rented $1,575 -99.0% --
03/04/2021 03/04/21 Under Contract -- -- --
02/26/2021 02/26/21 Sold $160,000 0.0% $136 / Sq Ft
02/26/2021 02/26/21 For Rent $1,575 0.0% --
02/05/2021 02/05/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $169,900 -- $144 / 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 $2,964 $116,100 $8,100 $108,000
2024 $2,868 $116,100 $8,100 $108,000
2023 $2,810 $116,100 $8,100 $108,000
2022 $2,744 $116,100 $108,000 $8,100
2021 $2,686 $116,100 $8,100 $108,000
2020 $2,660 $116,100 $8,100 $108,000
2019 $2,615 $116,100 $8,100 $108,000
2018 $2,580 $116,100 $8,100 $108,000
2017 $2,535 $116,100 $8,100 $108,000
2016 -- $116,100 $8,100 $108,000
2015 -- $116,100 $8,100 $108,000
2014 -- $116,100 $8,100 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer de Jesus

    Seller's Agent in 2024

    Jennifer de Jesus

    Steel City Realty

    (610) 333-4250

    1 in this area

    424 Total Sales

    Jennifer de Jesus
    Section Image

  • A

    Buyer's Agent in 2024

    Adeeb Layous

    Mamari Realty

    (610) 437-0900

    1 in this area

    28 Total Sales

    Adeeb Layous
    Section Image

  • G

    Seller's Agent in 2021

    George El-Khoury

    IronValley RE of Lehigh Valley

    (484) 951-8469

    1 in this area

    14 Total Sales

    George El-Khoury
    Section Image

  • W

    Seller's Agent in 2021

    William Feiertag

    IronValley RE of Lehigh Valley

    (610) 766-7200

    3 in this area

    32 Total Sales

    William Feiertag
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 730342

Greater Lehigh Valley REALTORS®

APN: 547553534756-1

Pennsylvania Lehigh County Allentown 18106 Lower Macungie Township East

5641 Wedge Ln, Allentown, PA

This home is located at 5641 Wedge Ln, Allentown, PA 18106 since 12 January 2024 and is currently estimated at $266,607, approximately $225 per square foot. This property was built in 1975. 5641 Wedge Ln is a home located in Lehigh County with nearby schools including Willow Lane Elementary School, Lower Macungie Middle School, and Emmaus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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