NOT LISTED FOR SALE

1029-1031 Diamond Ave Scranton, PA 18508

The Plot Neighborhood

Estimated Value: $100,000 - $273,000

-- Bed
-- Bath
2,260 Sq Ft
$70/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $55,000 $24 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,083/month

6 Days on Market

About This Home

As of January 2019

Side by side double with 3 bedrooms and 1 bath on each side. Separate utilities. Perfect for owner occupant or investor. Good cash flow. Most lenders require flood insurance the current policy cost about $1,300 a year for flood insurance along. However, taxes are really low., Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1130.00, SqFt Fin - 2nd: 1130.00

Last Agent to Sell the Property

Christian Saunders

Christian Saunders Real Estate License #RM424906 Listed on: 12/05/2018

Last Buyer's Agent

Que Tran

Dwell Real Estate License #AB068514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40x90x39x90
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $16,800

Listing and Financial Details

  • Assessor Parcel Number 14507050012
  • $8,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Providence Road to a right onto Diamond Avenue.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.08
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2260
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1091.99
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 570.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: 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: Other
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X90X39X90
  • Additional Parcels: No
  • Parcel #: 14507050012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2164.52
  • Tax Book Number: 2018-09246
  • Tax Other Annual Assessment Amount: 8500

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
1029-1031 Diamond Ave Llc
Bought by
1029 Diamond Llc
Current Estimated Value
$158,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Outstanding Balance
$181,832
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$28,832

Purchase Details

Closed on
Feb 5, 2021
Sold by
Aknre1 Llc
Bought by
1029 1031 Diamond Ave Llc

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 24, 2019
Sold by
Cmarq Llc
Bought by
Aknre1 Llc
Seller's Agent
Christian Saunders
Christian Saunders Real Estate
Buyer's Agent
Que Tran
Dwell Real Estate
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%

Purchase Details

Closed on
Jun 14, 2018
Sold by
Spqr Holdings Llc
Bought by
Cmarq Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2010
Sold by
Farino Elvira and Farino Dominic
Bought by
Spqr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
4.23%
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 Buyer Sale Price Title Company
1029 Diamond Llc -- None Listed On Document
1029 1031 Diamond Ave Llc $55,000 None Available
Aknre1 Llc $55,000 None Available
Cmarq Llc $130,000 None Available
Spqr Holdings Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1029 Diamond Llc $186,000
Previous Owner Cmarq Llc $330,000
Previous Owner Spqr Holdings Llc $590,025
Previous Owner Spqr Holdings Llc $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $55,000 -8.2% $24 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $59,900 -- $27 / 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 $2,636 $8,500 $850 $7,650
2024 $2,402 $8,500 $850 $7,650
2023 $2,402 $8,500 $850 $7,650
2022 $2,349 $8,500 $850 $7,650
2021 $2,349 $8,500 $850 $7,650
2020 $2,303 $8,500 $850 $7,650
2019 $2,165 $8,500 $850 $7,650
2018 $2,165 $8,500 $850 $7,650
2017 $2,125 $8,500 $850 $7,650
2016 $0 $8,500 $850 $7,650
2015 $1,576 $8,500 $850 $7,650
2014 -- $8,500 $850 $7,650
Source: Public Records

Agents Affiliated with this Home

  • Christian Saunders

    Seller's Agent in 2019

    Christian Saunders

    Christian Saunders Real Estate

    (570) 430-0141

    112 Total Sales

    Christian Saunders
    Section Image

  • Q

    Buyer's Agent in 2019

    Que Tran

    Dwell Real Estate

    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB185614

Greater Scranton Board of REALTORS®

APN: 14507050012

Pennsylvania Lackawanna County Scranton 18508 The Plot

1029-1031 Diamond Ave, Scranton, PA

This home is located at 1029-1031 Diamond Ave, Scranton, PA 18508 since 05 December 2018 and is currently estimated at $158,667, approximately $70 per square foot. This property was built in 1930. 1029-1031 Diamond Ave is a home located in Lackawanna County with nearby schools including West Scranton Intrmd School, West Scranton High School, and Montessori Kindergarten.

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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