NOT LISTED FOR SALE

Estimated Value: $138,000 - $288,000

-- Bed
-- Bath
1,840 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $55,000 $30 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $1,439/month

169 Days on Market

About This Home

As of March 2019

2 Unit building with 3 bedrooms in each unit. Both units are kept nicely by month to month tenants. Separate utilities and positive cash flow for this priced to sell property. Hurry before you miss out on this one! 1417 Cedar Ave. and 1419 Cedar Ave are also priced to sell and may be purchased together as a bundle., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 920.00, SqFt Fin - 2nd: 920.00

Last Agent to Sell the Property

DAWN YATES

The Agency Real Estate Group - The Abingtons Listed on: 09/05/2018

Co-Listed By

Michael Urban

The Agency Real Estate Group - The Abingtons

Last Buyer's Agent

DAWN YATES

The Agency Real Estate Group - The Abingtons Listed on: 09/05/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 27x150
  • Land Lease

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $14,760

Listing and Financial Details

  • Assessor Parcel Number 16707010015
  • $7,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Downtown Scranton to Cedar Ave. Property on the left. Sign
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: Other
  • Co List Office Mls Id: GSBaregabing
  • Co List Office Phone: (570) 319-5046
  • Above Grade Finished Sq Ft: 1840
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 899.29
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 934.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 27.00

Garage/Parking

  • Parking Features: Other, See Remarks, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 27X150
  • Additional Parcels: No
  • Parcel #: 16707010015
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1973.6
  • Tax Book Number: 0965/0313
  • Tax Other Annual Assessment Amount: 7000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Cam Investing Llc
Bought by
Astral Axis Llc
Current Estimated Value
$233,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,561
Outstanding Balance
$188,370
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$44,755

Purchase Details

Closed on
Dec 28, 2023
Sold by
Hska Llc
Bought by
C A M Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,700
Interest Rate
7.29%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2020
Sold by
Davis Phillip
Bought by
Hska Llc

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 29, 2019
Sold by
Nowlin Michael J and Nowlin Lauralee A
Bought by
Davis Phillip
Seller's Agent
DAWN YATES
The Agency Real Estate Group - The Abingtons
Buyer's Agent
DAWN YATES
The Agency Real Estate Group - The Abingtons
List Price
$50,000
Sold Price
$55,000
Premium/Discount to List
$5,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%
Original Mortgage
$41,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Bought by
Nowlin Michael J
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
Astral Axis Llc $254,082 None Listed On Document
C A M Investing Llc $150,000 Tiger Abstract
Hska Llc $160,000 None Available
Davis Phillip $55,000 Velocity Abstract Llc
Nowlin Michael J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Astral Axis Llc $190,561
Previous Owner C A M Investing Llc $166,700
Previous Owner Davis Phillip $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $55,000 +10.0% $30 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $50,000 -- $27 / 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 $2,377 $7,000 $1,750 $5,250
2024 $2,181 $7,000 $1,750 $5,250
2023 $2,181 $7,000 $1,750 $5,250
2022 $2,133 $7,000 $1,750 $5,250
2021 $2,133 $7,000 $1,750 $5,250
2020 $2,095 $7,000 $1,750 $5,250
2019 $1,974 $7,000 $1,750 $5,250
2018 $1,974 $7,000 $1,750 $5,250
2017 $1,941 $7,000 $1,750 $5,250
2016 $672 $7,000 $1,750 $5,250
2015 $1,479 $7,000 $1,750 $5,250
2014 -- $7,000 $1,750 $5,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB184262

Greater Scranton Board of REALTORS®

APN: 16707010015