NOT LISTED FOR SALE

125 Fairview Ave Scranton, PA 18504

Hyde Park Neighborhood

Estimated Value: $193,000 - $211,000

3 Beds
2 Baths
1,400 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $180,000 $129 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,178/month

3 Days on Market

Highlights

  • City View
  • Vaulted Ceiling
  • Corner Lot
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Don't miss this once-in-a-lifetime opportunity to purchase an extremely rare investment property! This vacant duplex is ready to be rented and comes with two additional vacant lots. Start cash flowing ASAP with the potential to develop or sell the extra lots. The duplex can generate around $24k gross annually (10+ Cap Rate). Ideally located with views of the Steamtown National Historic Site and a quick commute to downtown Scranton. The property features a new roof, covered porch, additional lot for a side yard, parking lot on Lonergan Place, unfinished basement for storage, and recently replaced water heater. Includes a 1-bed, 1-bath unit and a 2-bed, 1-bath unit, plus two additional lots. Call now to schedule your appointment because deals like this don't last!

Last Agent to Sell the Property

Gregory Weidenbaum

Redstone Run Realty, LLC License #RM425149 Listed on: 09/16/2024

Last Buyer's Agent

NON-MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Sloped Lot
  • Cleared Lot

Parking

  • On-Street Parking

Property Views

  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14518080022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,284

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Take N Main N, Right onto Price, Right onto Fairview, House is on your Right
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Cleared, Views, Sloped, Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso View: City, Mountain(s)
  • Water Body Name: None
  • Above Grade Finished Sq Ft: 1400
  • Reso Flooring: Hardwood, Wood, Vinyl
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Eat-in Kitchen
  • New Construction: No
  • Reso Structure Type: Multi Family
  • SchoolTaxAmount: 1278.90
  • CountyTaxAmount: 550.14
  • UnitTwoDiningRoomYN: No
  • UnitOneDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement: Unfinished

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Wood, Fenced
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Deck, Screened, Porch, Patio

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Scranton School District

Lot Info

  • Parcel #: 14518080022

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2284.1
  • Tax Book Number: 201006042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 16, 2024
Sold by
Hansen Gregory
Bought by
Yhs1 Properties Llc
Seller's Agent
Gregory Weidenbaum
Redstone Run Realty, LLC
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$169,000
Sold Price
$180,000
Premium/Discount to List
$11,000
6.51%
Views
49
Current Estimated Value
$199,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,333
Avg. Annual Appreciation
7.91%
Original Mortgage
$179,000
Outstanding Balance
$176,764
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$22,569

Purchase Details

Closed on
Mar 25, 2010
Sold by
Hazzouri Joseph A L and Hazzouri Denise C
Bought by
Hansen Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,695
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yhs1 Properties Llc $180,000 Universal Title Llc
Hansen Gregory $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yhs1 Properties Llc $179,000
Previous Owner Hansen Gregory $70,695
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $180,000 +6.5% $129 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $169,000 -- $121 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

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 $1,716 $5,300 $900 $4,400
2024 $1,569 $5,300 $900 $4,400
2023 $1,569 $5,300 $900 $4,400
2022 $1,535 $5,300 $900 $4,400
2021 $1,535 $5,300 $900 $4,400
2020 $1,506 $5,300 $900 $4,400
2019 $1,417 $5,300 $900 $4,400
2018 $1,417 $5,300 $900 $4,400
2017 $1,392 $5,300 $900 $4,400
2016 $432 $5,300 $900 $4,400
2015 $719 $5,300 $900 $4,400
2014 -- $5,300 $900 $4,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gregory Weidenbaum

    Redstone Run Realty, LLC

    (570) 517-4650

    2 in this area

    110 Total Sales

    Gregory Weidenbaum
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW242953

Pike/Wayne Association of REALTORS®

APN: 14518080022

Pennsylvania Lackawanna County Scranton 18504 Hyde Park

125 Fairview Ave, Scranton, PA

Not Listed for Sale

MultiFamily

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