Seller's Agent in 2020
Carl Billera
Main Street RE Partners
(484) 357-2215
7 in this area
70 Total Sales
63 S 7th St Emmaus, PA 18049
Estimated Value: $526,465
--
Bed
--
Bath
8,000
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Commercial or Retail Space
- Central Air
- Ceiling Fan
- Emmaus High School Rated A-
About This Home
As of October 20205 commercial units with great historic character, excellent location and multiple flex spaces. 4 units are currently rented on a month to month basis and in excellent condition. The 5th unit is used by the owner and includes garage door access, office area and open span area. Gas heat, C/A in most units with plenty of on street parking and 10-12 on site parking spaces. Very solid brick, metal and concrete building.
Great investment opportunity OR run your own business while having your mortgage paid as this owner has done for many years. Building in very nice shape. Owner would like clean and quick settlement. Make an offer today.
Last Agent to Sell the Property
Main Street RE Partners License #RM425372 Listed on: 08/12/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.26 Acre Lot
Home Design
- Commercial or Retail Space
- Brick Exterior Construction
Interior Spaces
- 8,000 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Fire and Smoke Detector
Parking
- 11 Parking Spaces
- Paved Parking
- Off-Site Parking
Utilities
- Central Air
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 549444519595001
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $300
- Insurance Expense $2,400
- Maintenance Expense $1,200
- Other Expense $420
- Trash Expense $600
- Water Sewer Expense $400
- Operating Expense $5,820
- Gross Income $39,240
- Net Operating Income $33,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2020
Closed on
Oct 15, 2020
Sold by
Gillette Dennis M
Bought by
Sanskara Property Management Llc
Seller's Agent
Carl Billera
Main Street RE Partners
Buyer's Agent
George Neely
Keller Williams Allentown
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
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
$161,465
Avg. Annual Appreciation
7.40%
Purchase Details
Closed on
May 5, 1987
Sold by
General Machine Corp
Bought by
Gillette Dennis M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanskara Property Management Llc | $365,000 | None Available | |
| Gillette Dennis M | $43,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $365,000 | -7.6% | $46 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 08/12/2020 08/12/20 | For Sale | $395,000 | -- | $49 / 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 | $12,442 | $353,200 | $61,500 | $291,700 |
| 2024 | $11,396 | $353,200 | $61,500 | $291,700 |
| 2023 | $11,175 | $353,200 | $61,500 | $291,700 |
| 2022 | $10,806 | $353,200 | $291,700 | $61,500 |
| 2021 | $10,536 | $353,200 | $61,500 | $291,700 |
| 2020 | $10,445 | $353,200 | $61,500 | $291,700 |
| 2019 | $10,166 | $353,200 | $61,500 | $291,700 |
| 2018 | $9,782 | $353,200 | $61,500 | $291,700 |
| 2017 | $9,481 | $353,200 | $61,500 | $291,700 |
| 2016 | -- | $353,200 | $61,500 | $291,700 |
| 2015 | -- | $353,200 | $61,500 | $291,700 |
| 2014 | -- | $353,200 | $61,500 | $291,700 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Billera
-
George Neely
Buyer's Agent in 2020
George Neely
Keller Williams Allentown
(610) 217-3992
1 in this area
65 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 645335
APN: 549444519595-1
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