$60,000
SOLD DEC 8, 2017

124 Mortimer St Dunmore, PA 18512

-- Bed
-- Bath
3,942 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

57% Below List Price

398 Days on Market

Highlights

  • Deck
  • Porch
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Level Lot

About This Home

As of December 2017

3 unit building with detached garage. Good investment property., Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 1080.00, SqFt Fin - Main: 1431.00, SqFt Fin - 2nd: 1431.00

Last Agent to Sell the Property

Barbara Verrastro

Castle Key Real Estate License #RS291757 Listed on: 10/04/2016

Last Buyer's Agent

Barbara Verrastro

Castle Key Real Estate License #RS291757 Listed on: 10/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 57x50
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,942 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 14651010018

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $2,418
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Directions: Drinker street in Dunmore to Chestnut street to a left onto Mortimer st. Property on right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Surface Type: Paved
  • Reso Association Amenities: Trash
  • Above Grade Finished Sq Ft: 3942
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1073.16
  • EnhancedAcccessible: No
  • WaterExpense: 2418.00
  • SewerExpense: 4481.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 57.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Off Street, Detached
  • Total Parking Spaces: 2

Utilities

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

Schools

  • Junior High Dist: Dunmore

Lot Info

  • Land Lease: No
  • Lot Dimensions: 57X50
  • Additional Parcels: No
  • Parcel #: 14651010018
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1985.94
  • Tax Book Number: 2014-07639

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 22800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
B & M Property Development Llc
Bought by
124 Mortimer Street Llc
Current Estimated Value
$236,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,862,500
Outstanding Balance
$3,702,675
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
-$3,466,675

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 8, 2017
Sold by
Verrastro Leonard A and Verrastro Dominic L
Bought by
B & M Property Development Llc
Seller's Agent
Barbara Verrastro
Castle Key Real Estate
Buyer's Agent
Barbara Verrastro
Castle Key Real Estate
List Price
$139,900
Sold Price
$60,000
Premium/Discount to List
-$79,900
-57.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%

Purchase Details

Closed on
May 5, 2014
Sold by
Verrastro Dominic L
Bought by
Verrastro Leonard
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 Type Sale Price Title Company
Deed $232,500 None Listed On Document
Deed $60,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,862,500 New Conventional
Previous Owner $188,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $1,350 -3.6% $2 / Sq Ft
08/10/2025 08/10/25 For Rent $1,400 +3.7% --
10/22/2024 10/22/24 Rented $1,350 0.0% --
10/13/2024 10/13/24 For Rent $1,350 0.0% --
05/18/2024 05/18/24 Rented $1,350 0.0% --
04/30/2024 04/30/24 Price Changed $1,350 -3.6% $2 / Sq Ft
04/15/2024 04/15/24 For Rent $1,400 -91.4% --
08/30/2023 08/30/23 Rented $16,200 +1100.0% --
08/09/2023 08/09/23 Under Contract -- -- --
08/01/2023 08/01/23 For Rent $1,350 0.0% --
12/08/2017 12/08/17 Sold $60,000 -57.1% $15 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $139,900 -- $35 / 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 $5,670 $19,000 $2,650 $16,350
2024 $4,848 $19,000 $2,650 $16,350
2023 $4,848 $19,000 $2,650 $16,350
2022 $4,548 $19,000 $2,650 $16,350
2021 $4,456 $19,000 $2,650 $16,350
2020 $2,111 $9,000 $650 $8,350
2019 $2,019 $9,000 $650 $8,350
2018 $1,986 $9,000 $650 $8,350
2017 $1,929 $9,000 $650 $8,350
2016 $1,016 $9,000 $650 $8,350
2015 -- $9,000 $650 $8,350
2014 -- $9,000 $650 $8,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB164817

Greater Scranton Board of REALTORS®

APN: 14651010018