NOT LISTED FOR SALE

1200 S Main St Old Forge, PA 18518

Estimated Value: $163,000 - $313,000

6 Beds
3 Baths
3,392 Sq Ft
$72/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $269,000 $79 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,531/month

2 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System

About This Home

As of August 2024

For 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

Heather Kishel-Schield

Coldwell Banker Town & Country Properties Moscow License #RS279133 Listed on: 07/18/2024

Coldwell Banker Town & Country Properties Moscow

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: South on Main Street property is on the Left see sign - parking lot on left side of building
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Cleared, Level
  • Above Grade Finished Sq Ft: 2605
  • New Construction: No
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • SchoolTaxAmount: 1475.20
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Has Basement: Unfinished
  • Flooring: Tile, Vinyl
  • Basement YN: Yes
  • Below Grade Sq Ft: 787

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Parking Lot, Off Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Zoning: R
  • Lot Dimensions: 101X68X102X76
  • Parcel #: 18411010038

Rental Info

  • Owner Pays: Insurance, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2294.92
  • Tax Book Number: 1641/0230
  • Tax Other Annual Assessment Amount: 11000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34800
  • Total Actual Rent: 34800

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
Views
9
Current Estimated Value
$243,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,036
Avg. Annual Appreciation
-8.57%
Original Mortgage
$269,000
Outstanding Balance
$266,209
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
-$22,245

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
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,853 $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

  • H

    Seller's Agent in 2024

    Heather Kishel-Schield

    Coldwell Banker Town & Country Properties Moscow

    (570) 842-9531

    3 in this area

    228 Total Sales

    Heather Kishel-Schield
    Section Image

  • E

    Buyer's Agent in 2024

    Eric Scritchfield

    Keller Williams Real Estate-Clarks Summit

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3758

Greater Scranton Board of REALTORS®

APN: 18411010038

Pennsylvania Lackawanna County Old Forge 18518

1200 S Main St, Old Forge, PA

This home is located at 1200 S Main St, Old Forge, PA 18518 since 18 July 2024 and is currently estimated at $243,964, approximately $71 per square foot. This property was built in 1940. 1200 S Main St is a home located in Lackawanna County with nearby schools including Old Forge Elementary School, Old Forge Junior/Senior High School, and Holy Rosary Elementary 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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