NOT LISTED FOR SALE

116 Broad St Pittston, PA 18640

Estimated Value: $252,000 - $367,000

-- Bed
-- Bath
3,736 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $315,880 $85 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,040/month

111 Days on Market

About This Home

As of February 2024

Great investment opportunity in the newly revitalized Pittston Center City. This solid 4 unit building has all separate utilities with the exception of sewer. The current rents could easily be increased to provide more cash flow (potential $48,000 gross). This unit provides off street parking and is close to bus routes and all of the towns amenities., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1868.00, SqFt Fin - 2nd: 1868.00

Last Agent to Sell the Property

Jeffrey Lamm

Cobblestone Real Estate LLC License #RS325635 Listed on: 09/08/2023

Last Buyer's Agent

Kyle Savage

Christian Saunders Real Estate License #RS340241

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,736 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • 4 Units
  • Gross Income $36,600

Listing and Financial Details

  • Assessor Parcel Number 72-e11ne3-024-010-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,110

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From the Pittston Bypass turn onto William Street. Turn left onto Foundry Street and then left onto Broad Street. House will be on the left. No Sign.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 3736
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1740.14
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 2200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Pittston Area

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50x135
  • Additional Parcels: No
  • Parcel #: 72-e11ne3-024-010-000
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3109.8
  • Tax Book Number: 2436/1106

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 12, 2024
Sold by
Horizon Investments Llc
Bought by
Silvi Casey
Seller's Agent
Jeffrey Lamm
Cobblestone Real Estate LLC
Buyer's Agent
Kyle Savage
Christian Saunders Real Estate
List Price
$350,000
Sold Price
$315,880
Premium/Discount to List
-$34,120
-9.75%
Views
4
Current Estimated Value
$326,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,643
Avg. Annual Appreciation
4.14%
Original Mortgage
$310,158
Outstanding Balance
$306,213
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$29,640

Purchase Details

Closed on
Dec 29, 2012
Sold by
Adonizio Charles A and Adonizzio Karen A
Bought by
Horizon Investments Llc
Source: Public Records

Range of Values:

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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
Silvi Casey $315,880 Bcm Abstract
Horizon Investments Llc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvi Casey $310,158
Previous Owner Horizon Investments Llc $90,000
Previous Owner Horizon Investments Llc $108,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $315,880 -9.7% $85 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $350,000 -- $94 / 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 $3,129 $105,200 $19,700 $85,500
2024 $3,129 $105,200 $19,700 $85,500
2023 $3,129 $105,200 $19,700 $85,500
2022 $3,110 $105,200 $19,700 $85,500
2021 $3,110 $105,200 $19,700 $85,500
2020 $3,051 $105,200 $19,700 $85,500
2019 $5,115 $105,200 $19,700 $85,500
2018 $2,978 $105,200 $19,700 $85,500
2017 $2,925 $105,200 $19,700 $85,500
2016 -- $105,200 $19,700 $85,500
2015 -- $105,200 $19,700 $85,500
2014 -- $105,200 $19,700 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB233847

Greater Scranton Board of REALTORS®

APN: 72-E11NE3-024-010-000