NOT LISTED FOR SALE

1015 Clay Ave Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $323,527

Studio
-- Bath
5,350 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2021

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

Est. 32% increase in value since last sale

Current estimated payment $2,051 / mo

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

CLASSIC PROPERTIES 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

7,405 Sq Ft Lot

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Apr 15, 2021
Sold by
D & D Realty Group Scranton Llc
Bought by
Rugel Dream Properties Llc
Seller's Agent
Casey Donahue
D & D REALTY
Buyer's Agent
Beth Versace
CLASSIC PROPERTIES
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%
Current Estimated Value
$323,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,527
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Sep 15, 2010
Sold by
Boch Steven C and Boch Letecia
Bought by
D&D Realty Group Scranton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2007
Sold by
The Hibble Organization Inc
Bought by
Boch Steven C and Boch Letecia

Purchase Details

Closed on
Dec 21, 2005
Sold by
Scrant Rent Llc
Bought by
The Hibble Organization Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Rugel Dream Properties Llc $245,000 None Available
D&D Realty Group Scranton Llc $107,000 None Available
Boch Steven C $247,200 None Available
The Hibble Organization Inc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D&D Realty Group Scranton Llc $120,800
Previous Owner The Hibble Organization Inc $160,000
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

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
2026 $47,771 $298,590 $73,450 $225,140
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

    18 Total Sales

    Casey Donahue
    Section Image
  • Beth Versace

    Buyer's Agent in 2021

    Beth Versace

    CLASSIC PROPERTIES

    (570) 800-6861

    9 in this area

    48 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

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Greater Scranton Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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