NOT LISTED FOR SALE

121 Ridgeway St East Stroudsburg, PA 18301

Estimated Value: $321,000 - $385,000

5 Beds
3 Baths
2,208 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $192,500 $87 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,075/month

21 Days on Market

About This Home

As of August 2019

Delightful 3 unit property in the Borough of East Stroudsburg. Only 3 doors down from East Stroudsburg University campus. Separate entrance for each unit. 5 bedrooms! Great investment near the university with huge rent increase potential. Financing for purchase & for the renovation is available through Direct Lending Partner. 90% of the purchase price and renovations. Private Lender. Ability to close in 5-7 days.

Last Agent to Sell the Property

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 05/29/2019

Real of Pennsylvania

Last Buyer's Agent

Jonathan Campbell

Real of Pennsylvania License #RS297414 Listed on: 05/29/2019

Real of Pennsylvania

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 2,208 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05730120928035

Property Details

Home Type

Apartment

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 26980.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1915
  • Special Features: 20

Interior Features

  • Bathrooms: Semi Modern
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 5
  • Square Footage: 2208

Exterior Features

  • Construction: Aluminum

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Cooling: No Air
  • Heat Type: Forced Air
  • Sewer: Public
  • Water: Public

Schools

  • School District: East Stroudsburg

Lot Info

  • Acres: 0.120
  • Lot Sq Ft: 5227
  • Zoning Code: R2

Tax Info

  • Assessor Parcel Number: 05730120928035
  • Total Taxes: 6089.00

Multi Family

  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Oct 26, 2016
Sold by
Cole Horace S and Cole Sonya K
Bought by
Dlp Sf Fund Ii Llc
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
Don Wenner
Real of Pennsylvania
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$356,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,667
Avg. Annual Appreciation
10.31%
Original Mortgage
$3,250,000
Outstanding Balance
$2,621,069
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,264,402

Purchase Details

Closed on
Mar 2, 2006
Sold by
Lewis Kelly R and Lewis Lisa F
Bought by
Cole Horace S and Cole Sonya K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.27%
Mortgage Type
Unknown
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
Dlp Sf Fund Ii Llc $1,000,000 Attorney
Cole Horace S $240,000 Pocono Property Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Extra Special Units Llc $453,000
Closed Extra Speial Units Llc $125,000
Open Dlp Sf Fund Ii Llc $3,250,000
Closed Dlp Sf Fund Ii Llc $3,250,000
Previous Owner Cole Horace S $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $192,500 -8.3% $87 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $210,000 +40.0% $95 / Sq Ft
10/28/2016 10/28/16 Sold $150,000 0.0% $68 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $150,000 -- $68 / Sq Ft
Source: Greater Lehigh Valley 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 $1,754 $131,300 $31,680 $99,620
2024 $1,357 $131,300 $31,680 $99,620
2023 $5,168 $131,300 $31,680 $99,620
2022 $5,139 $131,300 $31,680 $99,620
2021 $4,976 $131,300 $31,680 $99,620
2020 $5,048 $131,300 $31,680 $99,620
2019 $6,090 $26,980 $13,170 $13,810
2018 $6,090 $26,980 $13,170 $13,810
2017 $6,049 $26,980 $13,170 $13,810
2016 $1,224 $26,980 $13,170 $13,810
2015 $4,878 $26,980 $13,170 $13,810
2014 $4,878 $26,980 $13,170 $13,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 611097

Greater Lehigh Valley REALTORS®

APN: 05-1.2.4.5