NOT LISTED FOR SALE

1019 Clay Ave Unit L 17 Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $276,000 - $348,000

6 Beds
3 Baths
3,345 Sq Ft
$92/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $286,000 $86 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,129/month

14 Days on Market

Highlights

  • Deck
  • Bay Window
  • Ceiling Fan
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Baseboard Heating

About This Home

As of June 2024

This three-unit investment property is a great opportunity for investors with 2 one-year leases to roll over to the new owners which is immediate income. This multi-unit offers separate heat, each unit is equipped with separate electric meters, vinyl flooring and plenty of square footage. The second-floor unit has a large amount of square footage to increase to a 3 bedroom if needed. This property also has a large lot with a garage off of Costello Ct. and offers great opportunity being so close to the hospitals as well as Scranton University and Lackawanna Collage.

Last Agent to Sell the Property

Diane Stracham

ERA One Source Realty License #RS318034 Listed on: 04/29/2024

ERA One Source Realty

Last Buyer's Agent

Allison Doyle

EXP Realty LLC License #RS371400

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,522

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160
  • Gentle Sloping Lot
  • Front Yard

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Metal Siding
  • T111 Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Storage In Attic
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water, taxes
  • Assessor Parcel Number 14618010003

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,522

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: From Mulberry St, to Clay Ave, house is on the left
  • Unit Levels: Two
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Front Yard, Gentle Sloping
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Above Grade Finished Sq Ft: 2717
  • Architectural Style: Duplex Up & Down
  • Garage Yn: Yes
  • Reso Interior Features: Attic Storage
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Property Attached Yn: No
  • Reso Structure Type: Multi Family
  • ResoWindowFeatures: Bay Window(s)
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 2287.79
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Free-Standing Electric Range, Free-Standing Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Has Basement: Block, Walk-Out Access
  • Flooring: Carpet, Vinyl, Ceramic Tile
  • Basement YN: Yes
  • Below Grade Sq Ft: 628
  • Entry Location: front and rear
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Waterfront: No
  • Construction Type: Metal Siding, T1-11
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch, Deck
  • RoadFrontageLength: 40.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard, Electric
  • Utilities: Cable Connected, Water Connected, Sewer Connected, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: rt008
  • Current Use: Multi-Family
  • Lot Dimensions: 40X160
  • Additional Parcels: No
  • Parcel #: 14618010003
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Sewer, Water, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 202023657

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 20, 2024
Sold by
Lopez Derek Thomas
Bought by
Scranton Portfolio Llc
Seller's Agent
Diane Stracham
ERA One Source Realty
Buyer's Agent
Allison Doyle
EXP Realty LLC
List Price
$295,000
Sold Price
$286,000
Premium/Discount to List
-$9,000
-3.05%
Views
48
Current Estimated Value
$306,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,333
Avg. Annual Appreciation
8.70%
Original Mortgage
$287,000
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 24, 2020
Sold by
Guagenti Russell P and Guagenti Vingenza
Bought by
Lopez Derek Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,730
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2006
Sold by
Nepa Property Management Inc
Bought by
Guagenti Russell P and Guagenti Vingenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2005
Sold by
Zhang Laiju and Zhao Hailing
Bought by
Nepa Property Management Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scranton Portfolio Llc $286,000 None Listed On Document
Scranton Portfolio Llc $286,000 None Listed On Document
Lopez Derek Thomas $147,400 None Available
Lopez Derek Thomas $147,400 None Available
Guagenti Russell P $170,000 None Available
Guagenti Russell P $170,000 None Available
Nepa Property Management Inc $59,000 None Available
Nepa Property Management Inc $59,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scranton Portfolio Llc $286,400
Closed Scranton Portfolio Llc $287,000
Previous Owner Lopez Derek Thomas $144,730
Previous Owner Guagenti Russell P $126,000
Previous Owner Guagenti Russell P $127,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $286,000 +0.4% $86 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $285,000 -3.4% $85 / Sq Ft
04/30/2024 04/30/24 For Sale $295,000 -- $88 / 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 $5,522 $16,000 $4,450 $11,550
2024 $5,071 $16,000 $4,450 $11,550
2023 $5,071 $16,000 $4,450 $11,550
2022 $4,960 $16,000 $4,450 $11,550
2021 $4,960 $16,000 $4,450 $11,550
2020 $4,875 $16,000 $4,450 $11,550
2019 $4,593 $16,000 $4,450 $11,550
2018 $4,593 $16,000 $4,450 $11,550
2017 $4,518 $16,000 $4,450 $11,550
2016 $1,619 $16,000 $4,450 $11,550
2015 $3,458 $16,000 $4,450 $11,550
2014 -- $16,000 $4,450 $11,550
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC2255

Greater Scranton Board of REALTORS®

APN: 14618010003