NOT LISTED FOR SALE

119 W Grace St Old Forge, PA 18518

Estimated Value: $282,863

-- Bed
-- Bath
7,555 Sq Ft
$37/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $180,000 $24 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,832/month

71 Days on Market

About This Home

As of September 2018

Very simple and easy six unit to manage. This investment property is located right in the heart of the pizza capital of the world, Old Forge, Pa, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 7555.00, SqFt Fin - 2nd: 0.00

Last Agent to Sell the Property

Christian Saunders

Christian Saunders Real Estate License #RM424906 Listed on: 05/30/2018

Last Buyer's Agent

Christian Saunders

Christian Saunders Real Estate License #RM424906 Listed on: 05/30/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x162

Home Design

  • Slab Foundation
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 7,555 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Parking

  • 12 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 17568020011

Community Details

Overview

  • 6 Units

Building Details

  • Water Sewer Expense $2,400
  • Gross Income $45,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: Main Avenue Old Forge, right onto West Grace Street
  • Unit Levels: One
  • Lot Size Acres: 0.37
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1985
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 7555
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 4923.49
  • EnhancedAcccessible: No
  • WaterExpense: 2400.00
  • SewerExpense: 1440.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • RoadFrontageLength: 98.00

Garage/Parking

  • Parking Features: Asphalt, Off Street
  • Total Parking Spaces: 12

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas, Hot Water, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Land Lease: No
  • Lot Dimensions: 100X162
  • Additional Parcels: No
  • Parcel #: 17568020011
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7952.62
  • Tax Book Number: 2006-27214

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 45300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Scranton Lackwanna Resources Dev Corp
Bought by
Scranton Lackwanna Resources Dev Corp
Current Estimated Value
$282,863

Purchase Details

Listed on
May 30, 2018
Closed on
Sep 28, 2018
Sold by
Clark Timothy L
Bought by
Scranton Lackawanna Resources Developemn
Seller's Agent
Christian Saunders
Christian Saunders Real Estate
Buyer's Agent
Christian Saunders
Christian Saunders Real Estate
List Price
$249,900
Sold Price
$180,000
Premium/Discount to List
-$69,900
-27.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Clark Amos and Clark Mary Geraldine
Bought by
Clark Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.71%
Mortgage Type
Commercial
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
Scranton Lackwanna Resources Dev Corp -- None Available
Scranton Lackawanna Resources Developemn $180,000 Keystone Abst Serv Inc Scran
Clark Timothy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scranton Lackawanna Resources Developmen $90,000
Previous Owner Clark Timothy L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $180,000 -28.0% $24 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $249,900 -- $33 / 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 $10,115 $39,000 $10,000 $29,000
2024 $9,020 $39,000 $10,000 $29,000
2023 $9,020 $39,000 $10,000 $29,000
2022 $8,717 $39,000 $10,000 $29,000
2021 $8,479 $39,000 $10,000 $29,000
2020 $8,382 $39,000 $10,000 $29,000
2019 $8,031 $39,000 $10,000 $29,000
2018 $7,953 $39,000 $10,000 $29,000
2017 $7,953 $39,000 $10,000 $29,000
2016 $4,923 $39,000 $10,000 $29,000
2015 -- $39,000 $10,000 $29,000
2014 -- $39,000 $10,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB182379

Greater Scranton Board of REALTORS®

APN: 17568020011