NOT LISTED FOR SALE

1125 Washburn St Unit 1127 Scranton, PA 18504

Hyde Park Neighborhood

Estimated Value: $246,831 - $293,000

8 Beds
4 Baths
3,454 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $225,000 $65 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,827/month

50 Days on Market

About This Home

As of March 2024

Whether you're a seasoned investor or looking to kickstart your real estate portfolio, this property provides an opportunity for portfolio growth and long-term wealth building. This multi-unit property offers a diverse range of units to maximize your portfolio potential. One unit with 4 beds/1 bath, one with 2 beds/1 bath, and two studio units.

Last Agent to Sell the Property

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 12/13/2023

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 12/13/2023

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,175

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x68x58x69

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14518050001
  • $13,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $900
  • Insurance Expense $1,600
  • Water Sewer Expense $3,600
  • Gross Income $37,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,175

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Head southeast on US-11 S, Take the Main Ave exit, Turn right onto N Main Ave, Turn right onto Washburn St, Destination will be on the left.
  • Lot Size Acres: 0.08
  • 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: 3454
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Reso Structure Type: Multi Family
  • AuctionYN: No
  • SchoolTaxAmount: 1922.03
  • EnhancedAcccessible: No
  • WaterExpense: 3600.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Has Basement: Full
  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Fee Information

  • Annual Fuel Expense: 900

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-1A
  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Dimensions: 50X68X58X69
  • Parcel #: 14518050001
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 5172
  • Tax Annual Amount: 4175
  • Tax Book Number: 2021/13911
  • Tax Other Annual Assessment Amount: 13000

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 900
  • Annual Gross Income: 37260
  • Insurance Expense: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Mar 6, 2024
Sold by
616 Investments Llc
Bought by
2628 Webster Llc
Seller's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
167
Current Estimated Value
$274,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,208
Avg. Annual Appreciation
12.57%

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 17, 2021
Sold by
Girikrupa Llc
Bought by
616 Investments Llc
Seller's Agent
Stephen Franco
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Steve Franco
Gorilla Real Estate LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,416,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2015
Sold by
Us Bank National Association
Bought by
Girikrupa Llc

Purchase Details

Closed on
Apr 28, 2014
Sold by
Al Gambale Scott and Griffin Robert B
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 27, 2006
Sold by
Firestone William R
Bought by
Gamble Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2006
Sold by
Naegele Alfred A
Bought by
Firestone William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,240
Interest Rate
10.55%
Mortgage Type
Commercial
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
2628 Webster Llc $225,000 Golden Dome Abstract
616 Investments Llc $777,500 None Available
Girikrupa Llc $25,203 Premium Title
U S Bank National Association $1,093 None Available
Gamble Scott A $181,000 None Available
Firestone William R $132,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 616 Investments Llc $1,416,000
Previous Owner Gamble Scott A $162,900
Previous Owner Firestone William R $106,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Sold $225,000 -4.3% $65 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $235,000 +17.5% $68 / Sq Ft
07/01/2021 07/01/21 Sold $200,000 0.0% $67 / Sq Ft View Prior Sale
06/14/2021 06/14/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $200,000 -- $67 / 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 $4,542 $13,000 $3,900 $9,100
2024 $4,175 $13,000 $3,900 $9,100
2023 $4,175 $13,000 $3,900 $9,100
2022 $4,084 $13,000 $3,900 $9,100
2021 $4,084 $13,000 $3,900 $9,100
2020 $4,014 $13,000 $3,900 $9,100
2019 $3,784 $13,000 $3,900 $9,100
2018 $3,784 $13,000 $3,900 $9,100
2017 $3,722 $13,000 $3,900 $9,100
2016 $0 $13,000 $3,900 $9,100
2015 $2,858 $13,000 $3,900 $9,100
2014 -- $13,000 $3,900 $9,100
Source: Public Records

Agents Affiliated with this Home

  • William Chupko

    Seller's Agent in 2024

    William Chupko

    Keller Williams Real Estate-Clarks Summit

    (570) 862-2230

    24 in this area

    179 Total Sales

    William Chupko
    Section Image

  • S

    Seller's Agent in 2021

    Stephen Franco

    Berkshire Hathaway Home Services Preferred Properties

  • S

    Buyer's Agent in 2021

    Steve Franco

    Gorilla Real Estate LLC

    (570) 798-7051

    10 in this area

    65 Total Sales

    Steve Franco
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC287

Greater Scranton Board of REALTORS®

APN: 14518050001

Pennsylvania Lackawanna County Scranton 18504 Hyde Park

1125 Washburn St Unit 1127, Scranton, PA

Not Listed for Sale

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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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