NOT LISTED FOR SALE

1015 Clay Ave Scranton, PA 18510

Hill Section Neighborhood
-- Bed
-- Bath
5,350 Sq Ft
7,405 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $245,000 $46 Per Sq Ft

62 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Baseboard Heating
  • Porch

About This Home

As of April 2021

Great 5 unit in the Hill Section. Close to hospitals and universities. Great cash flow with room to increase rents. 100% occupied with 43K a year in gross scheduled rents., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 600.00, SqFt Fin - Main: 2000.00, SqFt Fin - 2nd: 2000.00, Additional Info: Building has a fully monitored fire alarm system and rental registration for 5 units.

Last Agent to Sell the Property

Casey Donahue

D & D REALTY License #RS319764 Listed on: 10/23/2020

Last Buyer's Agent

Beth Versace

Revolve Real Estate License #RS350093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Flat Roof Shape
  • Wood Roof
  • Composition Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14618010004
  • $18,000 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $1,440
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,379

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Mulberry Street to Clay Avenue, 7 blocks on the left.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 4600
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2477.16
  • EnhancedAcccessible: No
  • WaterExpense: 1440.00
  • SewerExpense: 1740.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 750

Exterior Features

  • Roof: Composition, Wood, Rubber, Flat
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, On Street, Off Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X160
  • Additional Parcels: No
  • Parcel #: 14618010004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5378.73
  • Tax Book Number: 2010-17909
  • Tax Other Annual Assessment Amount: 18000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 43200

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $245,000 -18.3% $46 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $299,900 -- $56 / 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 $6,103 $18,000 $4,450 $13,550
2024 $5,598 $18,000 $4,450 $13,550
2023 $5,598 $18,000 $4,450 $13,550
2022 $5,475 $18,000 $4,450 $13,550
2021 $5,475 $18,000 $4,450 $13,550
2020 $5,379 $18,000 $4,450 $13,550
2019 $5,066 $18,000 $4,450 $13,550
2018 $5,066 $18,000 $4,450 $13,550
2017 $4,981 $18,000 $4,450 $13,550
2016 $0 $18,000 $4,450 $13,550
2015 $3,794 $18,000 $4,450 $13,550
2014 -- $18,000 $4,450 $13,550
Source: Public Records

Agents Affiliated with this Home

  • Casey Donahue

    Seller's Agent in 2021

    Casey Donahue

    D & D REALTY

    (570) 983-9996

    1 in this area

    24 Total Sales

    Casey Donahue
    Section Image

  • B

    Buyer's Agent in 2021

    Beth Versace

    Revolve Real Estate

    (570) 800-6861

    11 in this area

    54 Total Sales

    Beth Versace
    Section Image

  • B

    Buyer's Agent in 2021

    Beth Gravener

    Home365 LLC

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB204557

Greater Scranton Board of REALTORS®

APN: 14618010004

Pennsylvania Lackawanna County Scranton 18510 Hill Section

1015 Clay Ave, Scranton, PA

Not Listed for Sale

MultiFamily

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Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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