$329,900
SOLD DEC 5, 2024

1010 Main St Scranton, PA 18519

10 Beds
6 Baths
4,394 Sq Ft
0.29 Acres

Recently Sold

$75 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Corner Lot
  • 1 Car Garage
  • Laundry Facilities
  • Living Room

About This Home

As of December 2024

Great investment property with 5 occupied units. Some units have long term tenants, all with current written leases. Large corner lot with ample off street parking. Coin-op laundry for tenant convenience. Units have been updated throughout the past few years. All information is approximate not warranted or guaranteed.

Last Agent to Sell the Property

Gale Lewis

C21 Jack Ruddy Real Estate License #RS226503L Listed on: 10/23/2024

Last Buyer's Agent

Gale Lewis

C21 Jack Ruddy Real Estate License #RS226503L Listed on: 10/23/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 64x222x60x213
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Mixed Roof Materials

Interior Spaces

  • 4,394 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water, trash collection, sewer
  • Assessor Parcel Number 11413030005
  • $16,780 per year additional tax assessments

Community Details

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $3,096
  • Trash Expense $100
  • Water Sewer Expense $2,580
  • Gross Income $58,200
  • Net Operating Income $42,764

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,759

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: 81 N to Dickson City exit, right on Main continue to corner of Eagle Lane and Main, property on right
  • Unit Levels: Tri-Level
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4394
  • Garage Yn: Yes
  • New Construction: No
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • SchoolTaxAmount: 2250.35
  • EnhancedAcccessible: No
  • WaterExpense: 2580.00
  • SewerExpense: 1000.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Has Basement: Unfinished, Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Roof: Mixed
  • Waterfront: No
  • RoadFrontageLength: 64.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site

Utilities

  • Heating: Natural Gas

Fee Information

  • Annual Fuel Expense: 3096
  • Trash Expense: 100

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Zoning: MU
  • Current Use: Multi-Family
  • Lot Dimensions: 64x222x60x213
  • Parcel #: 11413030005

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Gas, Water, Trash Collection, Sewer

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 3780
  • Tax Annual Amount: 3759.21
  • Tax Book Number: 202302247
  • Tax Other Annual Assessment Amount: 16780

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 58200
  • Income Includes: ["Rent Only"]
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Dec 5, 2024
Sold by
Kbr Partners Llc
Bought by
Cornerstone One Properties Llc
Seller's Agent
Gale Lewis
C21 Jack Ruddy Real Estate
Buyer's Agent
Gale Lewis
C21 Jack Ruddy Real Estate
List Price
$324,900
Sold Price
$329,900
Premium/Discount to List
$5,000
1.54%
Views
53
Current Estimated Value
$337,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,759
Avg. Annual Appreciation
-1.31%
Original Mortgage
$263,920
Outstanding Balance
$263,010
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$64,470

Purchase Details

Closed on
Feb 15, 2023
Sold by
Starcorp Inc
Bought by
Kbr Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.48%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 2020
Sold by
Jam Works Llc
Bought by
Kbr Partners Llc and Starcorp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2019
Sold by
Jam Works Llc
Bought by
County Of Lackawanna

Purchase Details

Closed on
Dec 7, 2007
Sold by
Snips Gary T and Snips Marie Elena
Bought by
Jam Work Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Deed $329,900 None Listed On Document
Deed $329,900 None Listed On Document
Deed $10,000 --
Deed $140,000 None Available
Deed -- None Available
Deed $212,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,920 New Conventional
Closed $263,920 New Conventional
Previous Owner $192,000 Construction
Previous Owner $192,000 Credit Line Revolving
Previous Owner $112,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $169,600 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $329,900 +1.5% $75 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $324,900 -- $74 / 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 $4,393 $16,780 $3,780 $13,000
2024 $3,671 $16,780 $3,780 $13,000
2023 $3,671 $16,780 $3,780 $13,000
2022 $5,010 $23,500 $3,780 $19,720
2021 $5,010 $23,500 $3,780 $19,720
2020 $4,940 $23,500 $3,780 $19,720
2019 $4,582 $23,500 $3,780 $19,720
2018 $4,500 $23,500 $3,780 $19,720
2017 $4,500 $23,500 $3,780 $19,720
2016 $2,662 $23,500 $3,780 $19,720
2015 -- $23,500 $3,780 $19,720
2014 -- $23,500 $3,780 $19,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC5596

Greater Scranton Board of REALTORS®

APN: 11413030005