NOT LISTED FOR SALE

1201 S Main St Old Forge, PA 18518

Estimated Value: $246,000 - $296,000

6 Beds
2 Baths
2,630 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $242,400 $92 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,560/month

5 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Back Yard
  • Front Porch
  • Heating System Uses Natural Gas

About This Home

As of September 2024

This charming all-stucco duplex, nestled in a safe and desirable neighborhood with an excellent school district, is a perfect blend of comfort and investment potential. The property features two spacious units, each offering 3 bedrooms and 1 bathroom, ideal for families or individuals looking for a cozy living space. The first-floor unit boasts beautiful hardwood floors and a spacious eat-in kitchen, while the bathroom has been updated with new flooring. The steps leading to the upstairs unit have also been refreshed with new floors and carpet, adding a modern touch.Both units are equipped with washer and dryer hookups, providing convenience for tenants. The home has seen significant upgrades, including a new roof installed just last year and a brand-new water heater added in 2023, ensuring peace of mind for years to come. Each unit has separate utilities, so tenants cover their own utility costs, making this property an excellent opportunity for maximizing rental income.The basement, accessible from both inside and outside, offers additional storage or the potential for further development. Situated on a corner lot, the property also features a nice backyard, perfect for outdoor activities and relaxation. Off-street parking adds to the convenience, making this home even more appealing.Whether you're looking to live in one unit and rent out the other or lease both units for maximum income, this duplex offers flexibility and a strong return on investment. Don't miss out on the chance to own a well-cared-for property in a prime location.Measurements are Guaranteed or Warranted.

Last Agent to Sell the Property

Thomas Exeter

Christian Saunders Real Estate License #RS353357 Listed on: 08/21/2024

Last Buyer's Agent

Gale Lewis

C21 Jack Ruddy Real Estate License #RS226503L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 22x152x42x154
  • Corner Lot
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 18411010014
  • $7,000 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,619

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Moosic Rd you go to main st and turn right. Follow that down about 1 mile and house will be on your right.
  • Unit Levels: Two
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Back Yard, Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Inclusions: Projected rental should be around $1,300 a month for each unit.
  • Above Grade Finished Sq Ft: 2630
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Multi Family
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1019.36
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Has Basement: Concrete, Walk-Out Access, Unfinished
  • Flooring: Carpet, Tile, Laminate
  • Basement YN: Yes
  • Fireplace Features: None

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Waterfront: No
  • Foundation Details: Stone
  • Patio And Porch Features: Front Porch, Side Porch

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas
  • Utilities: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Zoning: R2
  • Current Use: Investment
  • Lot Dimensions: 22X152X42X154
  • Parcel #: 18411010014

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1619.05
  • Tax Book Number: 201701027
  • Tax Other Annual Assessment Amount: 7000

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 2, 2024
Sold by
Blume Timothy Patrick
Bought by
Sj Page Properties Llc and Roe
Seller's Agent
Thomas Exeter
Christian Saunders Real Estate
Buyer's Agent
Gale Lewis
C21 Jack Ruddy Real Estate
List Price
$239,900
Sold Price
$242,400
Premium/Discount to List
$2,500
1.04%
Views
61
Current Estimated Value
$267,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,074
Avg. Annual Appreciation
8.78%

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jan 17, 2017
Sold by
Lucas Annette N
Bought by
Blume Timothy Patrick
Seller's Agent
Michael Osterstrom
The Agency Real Estate Group - Triboro
Buyer's Agent
Jason Thomas
C21 Jack Ruddy Real Estate
List Price
$110,000
Sold Price
$93,600
Premium/Discount to List
-$16,400
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$91,904
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2012
Sold by
Lucas Annette N and Alsalahat Annette N
Bought by
Lucas Annette N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sj Page Properties Llc $242,400 None Listed On Document
Blume Timothy Patrick $93,600 None Available
Lucas Annette N -- Equity National Title & Clos
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blume Timothy Patrick $91,904
Previous Owner Lucas Annette N $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $242,400 +1.0% $92 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $239,900 +156.3% $91 / Sq Ft
01/17/2017 01/17/17 Sold $93,600 -14.9% $38 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $110,000 -- $45 / 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 $1,815 $7,000 $1,500 $5,500
2024 $1,619 $7,000 $1,500 $5,500
2023 $1,619 $7,000 $1,500 $5,500
2022 $1,565 $7,000 $1,500 $5,500
2021 $1,522 $7,000 $1,500 $5,500
2020 $1,504 $7,000 $1,500 $5,500
2019 $1,441 $7,000 $1,500 $5,500
2018 $1,427 $7,000 $1,500 $5,500
2017 $1,427 $7,000 $1,500 $5,500
2016 $884 $7,000 $0 $0
2015 -- $7,000 $0 $0
2014 -- $7,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC4347

Greater Scranton Board of REALTORS®

APN: 18411010014