NOT LISTED FOR SALE

1025-1027 Prospect Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $116,238 - $204,000

-- Bed
-- Bath
1,800 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $100,000 $56 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,000/month

705 Days on Market

About This Home

As of September 2021

Duplex built in 2005 with separate heat and electric close to I81 and downtown. Great opportunity for owner live in one unit and have he rent pay the mortgage., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 900.00, SqFt Fin - 2nd: 900.00, Additional Info: No showing time appointmentsShowings weekends only.

Last Agent to Sell the Property

Robert Redgil

ERA One Source Realty License #RS281384 Listed on: 07/19/2019

ERA One Source Realty

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x85
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 15619050068
  • $18,000 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,524
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: From I81 take Moosic Street exit. Turn left on Prospect Avenue. Proceed 10 blocks. Building is on the left side.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 2005
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1800
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2477.16
  • EnhancedAcccessible: No
  • WaterExpense: 1524.00
  • SewerExpense: 785.00
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X85
  • Additional Parcels: No
  • Parcel #: 15619050068
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4906.34
  • Tax Book Number: 1178/0198
  • Tax Other Annual Assessment Amount: 18000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 25, 2021
Sold by
Plaksin Mikhail and Plaksin Lyudmila
Bought by
Razbarre Llc
Seller's Agent
Robert Redgil
ERA One Source Realty
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%
Current Estimated Value
$155,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,213
Avg. Annual Appreciation
13.39%
Original Mortgage
$80,000
Outstanding Balance
$73,485
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$90,173

Purchase Details

Closed on
Nov 24, 2003
Bought by
Plaksin Mikhail
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 Buyer Sale Price Title Company
Razbarre Llc $100,000 Accommodation
Plaksin Mikhail $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razbarre Llc $80,000
Previous Owner Plaksin Mikhail $97,500
Previous Owner Plaksin Mikhail $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $100,000 -28.5% $56 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
07/19/2019 07/19/19 For Sale $139,900 -- $78 / 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 $5,611 $18,000 $1,950 $16,050
2024 $5,116 $18,000 $1,950 $16,050
2023 $5,116 $18,000 $1,950 $16,050
2022 $5,003 $18,000 $1,950 $16,050
2021 $5,003 $18,000 $1,950 $16,050
2020 $4,906 $18,000 $1,950 $16,050
2019 $4,611 $18,000 $1,950 $16,050
2018 $4,611 $18,000 $1,950 $16,050
2017 $4,526 $18,000 $1,950 $16,050
2016 $0 $18,000 $1,950 $16,050
2015 $3,364 $18,000 $1,950 $16,050
2014 -- $18,000 $1,950 $16,050
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Redgil

    ERA One Source Realty

    (570) 587-9999

    5 in this area

    20 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB193497

Greater Scranton Board of REALTORS®

APN: 15619050068

Pennsylvania Lackawanna County Scranton 18505 South Side

1025-1027 Prospect Ave, Scranton, PA

This home is located at 1025-1027 Prospect Ave, Scranton, PA 18505 since 19 July 2019 and is currently estimated at $160,810, approximately $89 per square foot. This property was built in 2005. 1025-1027 Prospect Ave is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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