NOT LISTED FOR SALE

1130-1132 Luzerne St Scranton, PA 18504

Hyde Park Neighborhood

Estimated Value: $24,929

-- Bed
6 Baths
5,469 Sq Ft
$5/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $575,000 $105 Per Sq Ft

Current estimated payment $158/month

4 Days on Market

About This Home

As of December 2022

Calling all investors! This is one you don't want to pass up on. 6 Units Plus the single family home out back, all well maintained and with some updates and separate utilities! Don't miss out and schedule your showing today! Vacant land on the side also included. t, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1823.00, SqFt Fin - Main: 1823.00, SqFt Fin - 2nd: 1823.00, Additional Info: 6 unit OWNER: Edward Backus Single family home is included in the sale. Tax ID #15605050052 Deed/Bk 2019-02369. 6 of 7 rented, one est. Square footage 1,031 total. Rent is $700 and tenant owns fridge. OWNERS: Edward and Michele Backus Vacant land comes with property Tax ID #1560505005202**total taxes all 3 @ $7,163.52**At least 24 hour notice, more likely 48 or more though please

Last Agent to Sell the Property

Bob Connors

Christian Saunders Real Estate License #RS342012 Listed on: 11/09/2022

Last Buyer's Agent

Kyle Savage

Christian Saunders Real Estate License #RS340241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x82

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5,469 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Parking

  • 5 Parking Spaces
  • Parking Pad
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1560505005201
  • $17,850 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Water Sewer Expense $192
  • Gross Income $61,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Take 81S to Biden Expressway. Get off the Ceadar ave. Sharp left onto Mattes Ave. Turn left onto Moran Ct. Turn right onto Luzerne St. Property will be on the right side
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 5469
  • Architectural Style: Complex
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2552.32
  • EnhancedAcccessible: No
  • WaterExpense: 192.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: Asphalt, See Remarks, Parking Pad, Other, On Street, Off Street
  • Total Parking Spaces: 5

Utilities

  • Cooling: Other
  • Heating: Natural Gas, See Remarks, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X82
  • Additional Parcels: No
  • Parcel #: 1560505005201
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4945.43
  • Tax Book Number: 200803525
  • Tax Other Annual Assessment Amount: 17850

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 61400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 12, 2022
Sold by
Backus Edward J
Bought by
Deacon Properties 4 Llc
Seller's Agent
Bob Connors
Christian Saunders Real Estate
Buyer's Agent
Kyle Savage
Christian Saunders Real Estate
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Total Days on Market
4
Views
2
Current Estimated Value
$24,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$550,071
Original Mortgage
$1,000,000
Outstanding Balance
$975,514
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2007
Sold by
The City Of Scranton
Bought by
Backus Edward
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
Deacon Properties 4 Llc $575,000 --
Backus Edward $16,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deacon Properties 4 Llc $1,000,000
Previous Owner Backus Edward $100,000
Previous Owner Beckus Edward $128,400
Previous Owner Backus Edward $21,600
Previous Owner Backus Edward $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $575,000 -4.0% $105 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $599,000 -- $110 / 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 $5,548 $17,850 $1,850 $16,000
2024 $5,057 $17,850 $1,850 $16,000
2023 $5,057 $17,850 $1,850 $16,000
2022 $4,945 $17,850 $1,850 $16,000
2021 $4,945 $17,850 $1,850 $16,000
2020 $4,850 $17,850 $1,850 $16,000
2019 $4,557 $17,850 $1,850 $16,000
2018 $4,557 $17,850 $1,850 $16,000
2017 $4,473 $17,850 $1,850 $16,000
2016 $0 $17,850 $1,850 $16,000
2015 $3,321 $17,850 $1,850 $16,000
2014 -- $17,850 $1,850 $16,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Connors

    Seller's Agent in 2022

    Bob Connors

    Christian Saunders Real Estate

    (570) 614-3624

    11 in this area

    138 Total Sales

    Bob Connors
    Section Image
  • Kyle Savage

    Buyer's Agent in 2022

    Kyle Savage

    Christian Saunders Real Estate

    (570) 335-0730

    18 in this area

    118 Total Sales

    Kyle Savage
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB224962

Greater Scranton Board of REALTORS®

APN: 1560505005201

Pennsylvania Lackawanna County Scranton 18504 Hyde Park

1130-1132 Luzerne St, Scranton, PA

This home is located at 1130-1132 Luzerne St, Scranton, PA 18504 since 09 November 2022 and is currently priced at $24,929, approximately $4 per square foot. This property was built in 1940. 1130-1132 Luzerne St is a home located in Lackawanna County with nearby schools including Frances Willard School, West Scranton Intrmd School, and West 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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