NOT LISTED FOR SALE
-- Bed
-- Bath
8,645 Sq Ft
10,019 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $370,000 $43 Per Sq Ft

401 Days on Market

Highlights

  • 0.23 Acre Lot
  • Baseboard Heating
  • Heating System Uses Steam
  • Corner Lot
  • 2 Car Garage

About This Home

As of June 2021

Great mixed use investment property. Three buildings . A fully equipped restaurant and 8 residential rental units produce over $48,000/year in NET rental income. A well maintained property as the owner lived on site. Additional upgrades presently being finished by the family. Many long term tenants including a restaurant on the main floor of the main building., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1800.00, SqFt Fin - Main: 6400.00, SqFt Fin - 2nd: 445.00

Last Agent to Sell the Property

John Patchoski

Lewith & Freeman RE, Inc. License #RS332958 Listed on: 09/24/2019

Last Buyer's Agent

Jennifer McGinley

Lewith & Freeman RE, Inc. License #AB068701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,144

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot
  • Additional Parcels
  • Land Lease

Parking

  • 2 Car Garage
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Roof
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 8,645 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 16707010063
  • $21,000 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • Water Sewer Expense $10,000
  • Gross Income $78,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,144

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Directions: From Central Scranton Expressway. Merge onto Cedar Avenue. Turn left on River Street and left on Pittston Avenue.On the corner of Pittston Avenue and Cherry Street
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 8645
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2890.02
  • EnhancedAcccessible: No
  • WaterExpense: 10000.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range
  • Has Basement: Full
  • Number Of Buildings: 3
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood, Rubber, Flat
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Brick
  • RoadFrontageLength: 200.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Unpaved, On Street, Off Street, Gravel
  • Total Parking Spaces: 6

Utilities

  • Cooling: Other
  • Heating: Baseboard, Steam, Natural Gas, Electric
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 50X150
  • Additional Parcels: Yes
  • Parcel #: 16707010063
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6144.49
  • Tax Book Number: 1488/0689
  • Tax Other Annual Assessment Amount: 21000

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 78900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Jun 1, 2021
Sold by
Graham Robert P and Estate Of Robert C Graham
Bought by
Gashi Uke and Sadiku Fidan
Seller's Agent
John Patchoski
Lewith & Freeman RE, Inc.
Buyer's Agent
Jennifer McGinley
Lewith & Freeman RE, Inc.
List Price
$404,900
Sold Price
$370,000
Premium/Discount to List
-$34,900
-8.62%
Total Days on Market
401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$253,961
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1994
Bought by
Graham Robert C
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
Gashi Uke $370,000 None Available
Graham Robert C $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gashi Uke $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $370,000 -8.6% $43 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
09/24/2019 09/24/19 For Sale $404,900 -- $47 / 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 $6,984 $21,000 $4,500 $16,500
2024 $6,398 $21,000 $4,500 $16,500
2023 $6,398 $21,000 $4,500 $16,500
2022 $6,257 $21,000 $4,500 $16,500
2021 $6,257 $21,000 $4,500 $16,500
2020 $6,144 $21,000 $4,500 $16,500
2019 $5,784 $21,000 $4,500 $16,500
2018 $5,784 $21,000 $4,500 $16,500
2017 $5,686 $21,000 $4,500 $16,500
2016 $1,881 $21,000 $4,500 $16,500
2015 $3,980 $21,000 $4,500 $16,500
2014 -- $21,000 $4,500 $16,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB194597

Greater Scranton Board of REALTORS®

APN: 16707010063