NOT LISTED FOR SALE

1175 Route 390 Greentown, PA 18426

Estimated Value: $273,000

3 Beds
2 Baths
2,583 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $165,000 $64 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,668/month

32 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Ceiling Fan

About This Home

As of September 2020

14.1% CAP. Multifamily investment for sale in Greentown. The fully occupied, 3-unit building is situated along Route 390. Additional rental income from camp site. Multiple parcels included totaling 4.24 acres. Property is serviced by on-site well and septic.

Last Agent to Sell the Property

Daniel Perich

The Daniel Perich Group License #RM426050 Listed on: 06/15/2020

The Daniel Perich Group

Last Buyer's Agent

Ken Percey

Pocono Advantage Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 2,583 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 129.02-01-10 013765

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,000
  • Maintenance Expense $1,000
  • New Taxes Expense $2,727
  • Gross Income $34,200
  • Net Operating Income $23,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Route 390/447 intersection, Route 390 N for 9.5 miles. Property on left.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 1
  • Year Built: 1960
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.34
  • Co List Office Phone: 570-213-4900
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 129.02-01-10 013765
  • Location Tax and Legal Tax Annual Amount2: 2638.85
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 1
  • General Property Information Lot Size Acres: 0.34
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: No
  • Cooling:Ceiling Fan(s): Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses New Taxes Expense: 2727.0
  • Income And Expenses Maintenance Expense: 1000.0
  • Income And Expenses Fuel Expense: 2000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Wallenpaupack Area

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 129.02-01-10 013765
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2638.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2025
Sold by
Merseed Llc
Bought by
Square Circle Properties Llc
Current Estimated Value
$273,000

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 11, 2020
Sold by
Hilfiger Grant
Bought by
Merseed Llc
Seller's Agent
Daniel Perich
The Daniel Perich Group
Buyer's Agent
Daniel Perich
The Daniel Perich Group
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$132,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2017
Sold by
Guerrieri Stephen
Bought by
Hilfiger Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Square Circle Properties Llc $293,486 None Listed On Document
Merseed Llc $165,000 Roaring Brook Abstract Co In
Hilfiger Grant $77,234 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merseed Llc $132,000
Previous Owner Hilfiger Grant $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $165,000 -7.8% $64 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $179,000 -- $69 / Sq Ft
Source: Pocono Mountains Association 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 $2,863 $25,610 $1,630 $23,980
2024 $2,863 $25,610 $1,630 $23,980
2023 $2,741 $25,610 $1,630 $23,980
2022 $2,677 $25,610 $1,630 $23,980
2021 $2,639 $25,610 $1,630 $23,980
2020 $2,639 $25,610 $1,630 $23,980
2019 $2,555 $25,610 $1,630 $23,980
2018 $2,512 $25,610 $1,630 $23,980
2017 $2,433 $25,610 $1,630 $23,980
2016 $0 $25,610 $1,630 $23,980
2014 -- $25,610 $1,630 $23,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-78189

Pocono Mountains Association of REALTORS®

APN: 013765