$291,000
SOLD DEC 10, 2024
6 Beds
5 Baths
2,341 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

16% Above List Price

9 Days on Market

Highlights

  • Living Room
  • Dining Room
  • 1 Car Garage

About This Home

As of December 2024

Introducing a fantastic investment opportunity in Scranton! This well-maintained 3-unit multifamily property features separate gas and electric meters for each unit, ensuring hassle-free utility management. The landlord covers the water expenses, adding an extra layer of convenience for tenants. Each unit offers comfortable living spaces, making it an ideal choice for renters. Don't miss out on this excellent income-generating property in a prime location!

Last Agent to Sell the Property

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 09/24/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 09/24/2024

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 46x150

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • 2,341 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 16708010018
  • $12,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,568

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Directions: Follow N 7th Ave, Railroad Ave and W Elm St to S Webster Ave. Turn right onto N 7th Ave/Providence Rd. Continue to follow N 7th Ave. Continue onto Railroad Ave. Slight right onto 4th Ave. Turn left onto W Elm St. Turn left onto S Webster Ave. Destination will be on the left.
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 2341
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1848.11
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-1A
  • Current Use: Multi-Family
  • Lot Dimensions: 46X150
  • Parcel #: 16708010018

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3567.95
  • Tax Book Number: 2004/35342
  • Tax Other Annual Assessment Amount: 12500

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 8, 2024
Sold by
Sandone Rhonda A
Bought by
1004 S Webster Llc
Seller's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
List Price
$250,000
Sold Price
$291,000
Premium/Discount to List
$41,000
16.4%
Views
28
Current Estimated Value
$307,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,415
Avg. Annual Appreciation
5.64%
Original Mortgage
$232,000
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 2004
Bought by
Genevich Loretta and Genevich Andone R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $291,000 Riverside Abstract
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $291,000 +16.4% $124 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $250,000 -- $107 / 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
2025 $3,994 $12,500 $1,850 $10,650
2024 $3,648 $12,500 $1,850 $10,650
2023 $3,648 $12,500 $1,850 $10,650
2022 $3,568 $12,500 $1,850 $10,650
2021 $3,568 $12,500 $1,850 $10,650
2020 $3,501 $12,500 $1,850 $10,650
2019 $3,292 $12,500 $1,850 $10,650
2018 $3,292 $12,500 $1,850 $10,650
2017 $3,234 $12,500 $1,850 $10,650
2016 $969 $12,500 $1,850 $10,650
2015 $2,093 $12,500 $1,850 $10,650
2014 -- $12,500 $1,850 $10,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC5008

Greater Scranton Board of REALTORS®

APN: 16708010018