NOT LISTED FOR SALE

Estimated Value: $205,870 - $293,000

5 Beds
3 Baths
1,987 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $207,000 $104 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,566/month

47 Days on Market

Highlights

  • Golf Course Community
  • Covered patio or porch
  • Cooling Available
  • Traditional Architecture
  • Storm Windows
  • Living Room

About This Home

As of April 2024

Fully rented 3 unit apartment building with appliances and separate electric service in move in condition on a corner lot conveniently located close to school and shopping in town.

Last Listed By

Jeannie Brady

ERA Brady Associates License #RB046678L Listed on: 01/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1875 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 43.6x188.3x48.5x193
  • Two or More Common Walls
  • Level Lot
  • Back Yard

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Asphalt Roof
  • Asbestos
  • Stucco

Interior Spaces

  • 1,987 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Oven

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,990
  • Tenant pays for electricity, trash collection, hot water
  • The owner pays for sewer, water, snow removal
  • Assessor Parcel Number 24-059.2-007-00-00-00

Community Details

Recreation

  • Golf Course Community

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Lease
  • Insurance Expense $2,040
  • Water Sewer Expense $550
  • Gross Income $23,880

Additional Features

  • 3 Units
  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,013

Year Built

Built in 1875 | Remodeled

Lot Details

0

Listing Details

  • Directions: From downtown Tunkhannock to West Tioga St, right to Franklin Ave. 1st house on right.
  • Unit Levels: Two
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1875
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: Other
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Back Yard, Level
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoOtherEquipment: None
  • ResoSecurityFeatures: Fire Alarm
  • Above Grade Finished Sq Ft: 1987
  • Architectural Style: Traditional
  • New Construction: No
  • Reso Other Structures: None
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Multi Family
  • ResoWindowFeatures: Storm Window(s)
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1784.50
  • EnhancedAcccessible: No
  • WaterExpense: 550.00
  • SewerExpense: 550.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Oven, Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Has Basement: Partial, Unfinished
  • Flooring: Carpet, Linoleum
  • Spa Features: None
  • Private Spa: No
  • Basement YN: Yes
  • Door Features: Storm Door(s)
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Common Walls: 2+ Common Walls
  • Construction Type: Asbestos, Stucco
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Ceiling Fan(s), Separate Meters, Electric
  • Heating: Electric
  • Utilities: Cable Available, Water Connected, Natural Gas Available, Sewer Connected, Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Sidewalks, Restaurant

Schools

  • Junior High Dist: Tunkhannock Area

Lot Info

  • Zoning: R1
  • Current Use: Residential
  • Lot Dimensions: 43.6x188.3x48.5x193
  • Parcel #: 24-059.2-007-00-00-00

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Hot Water
  • Owner Pays: Sewer, Water, Snow Removal

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3013.18
  • Tax Book Number: 2010-0059

Multi Family

  • Number Of Units Total: 3
  • Existing Lease Type: Gross
  • Annual Gross Income: 23880
  • Income Includes: ["Rent Only"]
  • Insurance Expense: 2040
  • Total Actual Rent: 1990
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benjamin H Corby And Crossland Investmen $87,000
Closed Commercial Real Estate Mortgage $92,250
Closed Crossland Investment Properties Llc $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $207,000 -11.5% $104 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $234,000 -- $118 / Sq Ft
Source: Greater Scranton Board of 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
2024 $3,013 $21,500 $2,400 $19,100
2023 $2,992 $21,500 $2,400 $19,100
2022 $2,959 $21,500 $2,400 $19,100
2021 $2,906 $21,500 $2,400 $19,100
2020 $2,906 $21,500 $2,400 $19,100
2019 $2,863 $21,500 $2,400 $19,100
2018 $2,809 $21,500 $2,400 $19,100
2017 $2,712 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC790

Greater Scranton Board of REALTORS®

APN: 24-059.2-007-00-00-00-1