1200 S Main St Old Forge, PA 18518
Estimated Value: $247,000 - $289,000
6
Beds
3
Baths
3,392
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Ceiling Fan
- Level Lot
- Forced Air Heating System
About This Home
As of August 2024For sale: a charming 3-unit building with new roof in 2021 and lots of updates New cabinets in apt 2 & 3 in 2021-2023-new flooring in apts 1& 3 in 2023. located on Main Street, within walking distance to shopping and a variety of restaurants. This prime location offers residents the convenience of being close to all the amenities they need, enhancing their lifestyle and making this property highly desirable. Each unit is well-maintained, providing comfortable and attractive living spaces for tenants. The building boasts modern updates, including new flooring and fresh paint, ensuring a contemporary and welcoming atmosphere. With lots of dining options nearby, tenants will enjoy the vibrant neighborhood. This property is a fantastic investment opportunity, offering a steady rental income in a sought-after location. Don't miss out on this chance to own a well-maintained, fully rented 3-unit building in a bustling and convenient neighborhood.
Last Agent to Sell the Property
Coldwell Banker Town & Country Properties Moscow License #RS279133 Listed on: 07/18/2024
Last Buyer's Agent
Eric Scritchfield
Keller Williams Real Estate-Clarks Summit License #RS325043
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,295
Year Built
- Built in 1940
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 101x68x102x76
- Level Lot
- Cleared Lot
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Additional Parking
- Parking Lot
- Off-Street Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Gross Income $34,800
Listing and Financial Details
- Total Actual Rent $34,800
- The owner pays for insurance, sewer
- Assessor Parcel Number 18411010038
- $11,000 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Aug 27, 2024
Sold by
Rbs Properties Llc
Bought by
Perrone Frank
Seller's Agent
Heather Kishel-Schield
Coldwell Banker Town & Country Properties Moscow
Buyer's Agent
Eric Scritchfield
Keller Williams Real Estate-Clarks Summit
List Price
$269,000
Sold Price
$269,000
Total Days on Market
2
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,026
Avg. Annual Appreciation
-1.84%
Original Mortgage
$269,000
Outstanding Balance
$267,395
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
-$2,421
Purchase Details
Closed on
Feb 13, 2019
Sold by
Wells Fargo Bank N A
Bought by
Rbs Properties Llc
Purchase Details
Closed on
Jan 22, 2018
Sold by
Lackawanna County Sheriff
Bought by
Wells Fargo Bank and Wachovia Bank Na
Purchase Details
Closed on
Oct 6, 1998
Bought by
Lavelle George P and Lavelle Mary E
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perrone Frank | $269,000 | None Listed On Document | |
| Rbs Properties Llc | $33,500 | Velocity Abstract Llc | |
| Wells Fargo Bank | -- | -- | |
| Lavelle George P | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perrone Frank | $269,000 | |
| Previous Owner | Rbs Properties Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $269,000 | 0.0% | $79 / Sq Ft |
| 07/21/2024 07/21/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $269,000 | -- | $79 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $2,853 | $11,000 | $2,000 | $9,000 |
| 2024 | $2,544 | $11,000 | $2,000 | $9,000 |
| 2023 | $2,544 | $11,000 | $2,000 | $9,000 |
| 2022 | $2,459 | $11,000 | $2,000 | $9,000 |
| 2021 | $2,392 | $11,000 | $2,000 | $9,000 |
| 2020 | $2,364 | $11,000 | $2,000 | $9,000 |
| 2019 | $2,265 | $11,000 | $2,000 | $9,000 |
| 2018 | $2,243 | $11,000 | $2,000 | $9,000 |
| 2017 | $2,243 | $11,000 | $0 | $11,000 |
| 2016 | $1,389 | $11,000 | $0 | $0 |
| 2015 | -- | $11,000 | $0 | $0 |
| 2014 | -- | $11,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Kishel-Schield
H
Seller's Agent in 2024
Heather Kishel-Schield
Coldwell Banker Town & Country Properties Moscow
(570) 842-9531
3 in this area
251 Total Sales
-
E
Buyer's Agent in 2024
Eric Scritchfield
Keller Williams Real Estate-Clarks Summit
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC3758
APN: 18411010038
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.
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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