Randy Hockman
Responds Quickly
RPA Real Estate
(570) 569-1794
114 Total Sales
5 in South Side
$150K - $265K Price Range
1401 Prospect Ave Scranton, PA 18505
South Side NeighborhoodEstimated Value: $638,656
Studio
--
Baths
4,935
Sq Ft
$129/Sq Ft
Est. Value
About This Home
As of January 2024Introducing this fantastic 6-unit multi-family property located in the vibrant community of South Scranton. This property presents an incredible investment potential with a blend of existing tenants and available units, offering a balance of immediate income and room for expansion.Don't miss this incredible opportunity to invest in the flourishing real estate market of Scranton, PA. Whether you're an experienced investor or a newcomer looking for a promising venture, this multi-family property is a wise choice. Act quickly and schedule a viewing today to secure your foothold in this dynamic market!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 700.00, SqFt Fin - Main: 2185.00, SqFt Fin - 2nd: 2050.00
Last Agent to Sell the Property
Samantha Edwards
Keller Williams Real Estate-Clarks Summit License #RS360630 Listed on: 07/26/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,639
Year Built
- Built in 1940
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 37x150
Parking
- On-Street Parking
Home Design
- Wood Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 4,935 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 16707040027
- $2,750 per year additional tax assessments
Community Details
Overview
- 6 Units
Building Details
- Water Sewer Expense $6,000
- Gross Income $54,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2023
Closed on
Jan 15, 2024
Sold by
Bought by
Seller's Agent
Samantha Edwards
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Samantha Brunson
Christian Saunders Real Estate
List Price
$475,000
Sold Price
$415,000
Premium/Discount to List
-$60,000
-12.63%
Views
221
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,656
Avg. Annual Appreciation
18.11%
Original Mortgage
$311,250
Outstanding Balance
$303,139
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$335,517
Purchase Details
Listed on
Jun 29, 2021
Closed on
Feb 1, 2022
Sold by
Bought by
Seller's Agent
Jahan Tabatabaie
Family Investments Realty
Buyer's Agent
Jahan Tabatabaie
Family Investments Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.91%
Original Mortgage
$206,250
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 28, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.06%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Side, PA
-
Randy Hockman
-
KATHY CASARIN
KATHY CASARIN
EXP Realty LLC
(272) 770-3602
34 Total Sales
1 in South Side
$180,000 Price
-
David Mitchell
David Mitchell
The Hub Real Estate Group Scranton
(272) 770-0922
27 Total Sales
4 in South Side
$70K - $235K Price Range
-
Loren Keim
Loren Keim
Century 21 Keim Realtors
(610) 831-4500
438 Total Sales
3 in South Side
$142,500 Price Range
-
Sherri Hoban
Sherri Hoban
C21 Jack Ruddy Real Estate
(272) 770-3547
48 Total Sales
1 in South Side
$82,474 Price
-
Jolen Brennan
Jolen Brennan
(570) 843-1924
160 Total Sales
13 in South Side
$95K - $340K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $415,000 | None Listed On Document | ||
| $275,000 | None Listed On Document | ||
| $110,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $311,250 | ||
| Previous Owner | $206,250 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $88,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2024 01/24/24 | Sold | $415,000 | -3.3% | $84 / Sq Ft | |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- | |
| 11/10/2023 11/10/23 | Price Changed | $429,000 | -9.7% | $87 / Sq Ft | |
| 10/17/2023 10/17/23 | For Sale | $475,000 | -4.8% | $96 / Sq Ft | |
| 10/07/2023 10/07/23 | Pending | -- | -- | -- | |
| 07/26/2023 07/26/23 | For Sale | $499,000 | +81.5% | $101 / Sq Ft | |
| 03/18/2022 03/18/22 | Sold | $275,000 | -8.0% | $42 / Sq Ft | View Prior Sale |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- | |
| 06/29/2021 06/29/21 | For Sale | $299,000 | -- | $46 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $50,971 | $318,590 | $63,700 | $254,890 |
| 2025 | $5,188 | $16,000 | $2,750 | $13,250 |
| 2024 | $4,744 | $16,000 | $2,750 | $13,250 |
| 2023 | $4,744 | $16,000 | $2,750 | $13,250 |
| 2022 | $4,639 | $16,000 | $2,750 | $13,250 |
| 2021 | $4,639 | $16,000 | $2,750 | $13,250 |
| 2020 | $4,553 | $16,000 | $2,750 | $13,250 |
| 2019 | $4,284 | $16,000 | $2,750 | $13,250 |
| 2018 | $4,284 | $16,000 | $2,750 | $13,250 |
| 2017 | $4,208 | $16,000 | $2,750 | $13,250 |
| 2016 | $0 | $16,000 | $2,750 | $13,250 |
| 2015 | $3,165 | $16,000 | $2,750 | $13,250 |
| 2014 | -- | $16,000 | $2,750 | $13,250 |
Source: Public Records
Agents Affiliated with this Home
-
SE
Seller's Agent in 2024
Samantha Edwards
Keller Williams Real Estate-Clarks Summit
-
Samantha Brunson
SB
Buyer's Agent in 2024
Samantha Brunson
Christian Saunders Real Estate
(240) 278-6774
3 in this area
37 Total Sales
-
Jahan Tabatabaie
Seller's Agent in 2022
Jahan Tabatabaie
Family Investments Realty
(570) 574-1353
5 in this area
25 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSB233116
APN: 16707040027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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