NOT LISTED FOR SALE

Estimated Value: $610,239

9 Beds
4.5 Baths
4,084 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2024

Last sale price $549,000 $134 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,961 / mo

9 Days on Market

Highlights

  • Wet Bar
  • 2 Car Garage
  • 2-minute walk to Connors Park
  • Central Air

About This Home

As of March 2024

Welcome to this exceptional multi-unit property, consisting of two buildings, that offer a blend of contemporary luxury and practicality in the heart of Scranton! The front property was renovated in 2020. Each of the 2 units has 3 bedrooms and features new amenities including siding, roofing, windows, decks, electrical wiring, and plumbing. Hardwood floors throughout, complemented by the convenience of in-unit laundry facilities. The property is also equipped with a high-efficiency gas boiler and tankless hot water system, as well as spray foam insulation.The rear property has a unique blend of spaces, making it a versatile investment opportunity! Boasting a commercial-sized garage spanning 3100 sq ft, features high ceilings and steel I-beams, providing a wide-open layout suitable for various business ventures or potential income. 2 commercial-sized garage doors, offering seamless access for vehicles and equipment. The professional office space is designed for accessibility, and offers separate water, electric, and gas services, with a Hot Dawg Commercial Gas Heater.To live in or rent, the loft apartment over the garage offers luxury living. Indulge in the finest amenities, including 2 full bathrooms, a laundry room, and a wet bar for entertaining guests. The apartment boasts designer custom cabinetry, 25-ft ceilings, and hardwood floors. The master suite offers a steam shower, whirlpool tub, and spacious walk-in closet. Central air and high-efficiency gas heat ensure year-round comfort. Sprinklered throughout for safety, this luxury residence features two bedrooms and a loft, offering ample space for relaxation and entertainment. A tankless Rinnai Water Heater provides on-demand hot water, while stainless steel appliances add a touch of elegance to the gourmet kitchen. The property has separate meters for water, electric, and gas services.Potential gross income of over $76,000!Don't miss this unique investment opportunity!

Last Agent to Sell the Property

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 02/17/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Adriana Jez

EXP Realty LLC License #RS358942

EXP Realty LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x140

Parking

  • 2 Car Garage

Home Design

  • Mixed Use
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, water, gas
  • Assessor Parcel Number 15652020021

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Electric Expense $32
  • Insurance Expense $3,253
  • Other Expense $67
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,176

Year Built

Built in 1930 | Remodeled

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Directions: From 81 S take exit 184 for PA-307/Moosic St. Follow PA-307 N/Moosic St to Prospect Ave. Turn right onto PA-307 N/Moosic St, Turn left onto Prospect Ave. Destination will be on the right.
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4084
  • Garage Yn: Yes
  • Reso Interior Features: Wet Bar
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Multi Family, Mixed Use
  • AuctionYN: No
  • SchoolTaxAmount: 1529.05
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Has Basement: Full
  • Number Of Buildings: 2
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Stucco, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-2
  • Current Use: Multi-Family
  • Lot Dimensions: 40X140
  • Parcel #: 15652020021

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3176
  • Tax Book Number: 2021/29909

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 32.34
  • Annual Gross Income: 35400
  • Insurance Expense: 3253

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 13, 2024
Sold by
Synergy Pa Asset Group Llc
Bought by
Seller's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Adriana Jez
EXP Realty LLC
List Price
$549,000
Sold Price
$549,000
Views
43
Current Estimated Value
$610,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,239
Avg. Annual Appreciation
4.45%
Original Mortgage
$411,750
Outstanding Balance
$401,233
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$209,006

Purchase Details

Closed on
Dec 17, 2021
Sold by
110 Prospect Llc
Bought by
Synerey Pa Asset Group Llc

Purchase Details

Closed on
Feb 21, 2013
Sold by
Kreig William W
Bought by
Kreig Walter W and Anastasi Erica M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$549,000 None Listed On Document
Synerey Pa Asset Group Llc $50,000 None Listed On Document
Kreig Walter W -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $411,750
Previous Owner Synergy Pa Asset Group Llc $157,500
Previous Owner Synergy Pa Asset Group Llc $189,250
Previous Owner 110 Prospect Llc $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $549,000 0.0% $134 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $549,000 -- $134 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $64,596 $403,750 $64,300 $339,450
2025 $3,465 $10,342 $2,348 $7,994
2024 $3,176 $10,342 $2,348 $7,994
2023 $3,176 $10,342 $2,348 $7,994
2022 $3,106 $10,342 $2,348 $7,994
2021 $3,106 $10,342 $2,348 $7,994
2020 $3,051 $10,342 $2,348 $7,994
2019 $2,873 $10,342 $2,348 $7,994
2018 $2,873 $10,342 $2,348 $7,994
2017 $2,824 $10,342 $2,348 $7,994
2016 $950 $10,342 $2,348 $7,994
2015 $2,144 $10,342 $2,348 $7,994
2014 -- $10,342 $2,348 $7,994
Source: Public Records

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1116

Greater Scranton Board of REALTORS®

APN: 15652020021

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