T
Seller's Agent in 2021
Timothy Arnold
Home Team Real Estate
(484) 510-0759
1 in this area
25 Total Sales
920 Bank St Emmaus, PA 18049
Estimated Value: $496,590
2
Beds
1
Bath
2,665
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Commercial or Retail Space
- Central Air
- 16 Car Garage
- Emmaus High School Rated A-
- Baseboard Heating
- Wall to Wall Carpet
About This Home
As of November 2021Excellent turnkey investment property located in the Borough of Emmaus. Mini Storage/Warehouse/office and 2 BD /1 BA apartment. Zoned B-L-Limited Commercial. This property has a lot of possibilities. Use for your business and let the tenants pay your mortgage. Or straight rental. Warehouse /Oversized garage with powder room, office on second floor, 2 bed 1 bath apartment on the second floor. Plus 9 Garage/storage units. & potential to rent parking. Excellent rental history. All leases are month to month. Property is in excellent condition and is very low maintenance.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,735
Year Built
- Built in 1988
Lot Details
- 0.28 Acre Lot
Home Design
- Commercial or Retail Space
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 2,665 Sq Ft Home
- 1-Story Property
- Wall to Wall Carpet
- Fire and Smoke Detector
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 16 Car Garage
- Leased Parking
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 549433066866001
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $643
- Insurance Expense $1,585
- Maintenance Expense $1,766
- Trash Expense $700
- Water Sewer Expense $514
- Operating Expense $11,393
- Gross Income $47,700
- Net Operating Income $36,307
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2021
Closed on
Nov 5, 2021
Sold by
2B Hip Properties Llc
Bought by
Bam Management Llc
Seller's Agent
Timothy Arnold
Home Team Real Estate
Buyer's Agent
Marissa Burkholder
BHHS Fox & Roach - Allentown
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
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
$121,590
Avg. Annual Appreciation
7.18%
Purchase Details
Closed on
Mar 16, 2015
Sold by
Wrisley James A
Bought by
2B Hip Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.68%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2000
Sold by
Wrisley James A and Wrisley Jane A
Bought by
Wrisley James A
Purchase Details
Closed on
Aug 26, 1987
Sold by
Wrisley Jane E
Bought by
Wrisley James A and Wrisley Jane A
Purchase Details
Closed on
Apr 28, 1987
Bought by
Wrisley Jane E
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 |
|---|---|---|---|
| Bam Management Llc | $375,000 | None Available | |
| 2B Hip Properties Llc | $230,000 | None Available | |
| Wrisley James A | -- | -- | |
| Wrisley James A | -- | -- | |
| Wrisley Jane E | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 2B Hip Properties Llc | $184,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $375,000 | -6.2% | $141 / Sq Ft |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | For Sale | $399,900 | -- | $150 / 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 | $6,668 | $189,300 | $68,300 | $121,000 |
| 2024 | $6,108 | $189,300 | $68,300 | $121,000 |
| 2023 | $5,989 | $189,300 | $68,300 | $121,000 |
| 2022 | $5,792 | $189,300 | $121,000 | $68,300 |
| 2021 | $5,647 | $189,300 | $68,300 | $121,000 |
| 2020 | $5,598 | $189,300 | $68,300 | $121,000 |
| 2019 | $5,448 | $189,300 | $68,300 | $121,000 |
| 2018 | $5,243 | $189,300 | $68,300 | $121,000 |
| 2017 | $5,081 | $189,300 | $68,300 | $121,000 |
| 2016 | -- | $189,300 | $68,300 | $121,000 |
| 2015 | -- | $189,300 | $68,300 | $121,000 |
| 2014 | -- | $189,300 | $68,300 | $121,000 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Arnold
-
Jared Erhart
Seller Co-Listing Agent in 2021
Jared Erhart
Home Team Real Estate
(610) 248-4851
3 in this area
199 Total Sales
-
Marissa Burkholder
Buyer's Agent in 2021
Marissa Burkholder
BHHS Fox & Roach
(484) 553-3073
8 in this area
123 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 679326
APN: 549433066866-1
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