NOT LISTED FOR SALE

1416 Myrtle St Unit 1424 Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $212,331 - $401,000

-- Bed
-- Bath
7,200 Sq Ft
$43/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $115,000 $16 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,427/month

254 Days on Market

Highlights

  • Deck
  • Ceiling Fan
  • Level Lot
  • Porch

About This Home

As of October 2014

A great investment property. All five units are identical, each having a living room, dining room, kitchen, three bedrooms, full bath, front and back entrances, small fenced in backyards, front porches, GREAT HILL SECTION LOCATION. Tenants pay all utilities except sewer and garbage. Four units are gas heat, one is oil heat., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 3600.00, SqFt Fin - 2nd: 3600.00, Additional Info: A true five unit complex, all separate utilities, great rental history. Rents could be higher, tenants on month to month

Last Agent to Sell the Property

Rita Doria

REALTY NETWORK GROUP Listed on: 11/25/2013

Last Buyer's Agent

Rita Doria

REALTY NETWORK GROUP Listed on: 11/25/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 80x90
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Rolled or Hot Mop Roof
  • Stone

Interior Spaces

  • 7,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 15706040057
  • $25,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Heading up Harrison Ave, turn left on Myrtle. Property is on the left a few blocks down. One half block from Prescott School.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 7200
  • Architectural Style: Complex
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2857.50
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Rolled/Hot Mop
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stone
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 80.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, See Remarks, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 80X90
  • Additional Parcels: No
  • Parcel #: 15706040057
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6079.24
  • Tax Book Number: 0100/0015
  • Tax Other Annual Assessment Amount: 25000

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Oct 16, 2014
Sold by
Anderson John R and Anderson Jammie
Bought by
Georginis Richard
Seller's Agent
Rita Doria
REALTY NETWORK GROUP
Buyer's Agent
Rita Doria
REALTY NETWORK GROUP
List Price
$199,000
Sold Price
$115,000
Premium/Discount to List
-$84,000
-42.21%
Total Days on Market
254
Current Estimated Value
$310,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,083
Avg. Annual Appreciation
8.64%
Original Mortgage
$125,000
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Georginis Richard $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georginis Richard $130,000
Closed Georginis Richard $125,000
Closed Georginis Richard $125,000
Previous Owner Anderson John R $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2014 10/22/14 Sold $115,000 -42.2% $16 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $199,000 -- $28 / 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 $8,322 $25,000 $5,400 $19,600
2024 $7,624 $25,000 $5,400 $19,600
2023 $7,624 $25,000 $5,400 $19,600
2022 $7,457 $25,000 $5,400 $19,600
2021 $7,457 $25,000 $5,400 $19,600
2020 $7,323 $25,000 $5,400 $19,600
2019 $6,894 $25,000 $5,400 $19,600
2018 $6,894 $25,000 $5,400 $19,600
2017 $6,776 $25,000 $5,400 $19,600
2016 $0 $25,000 $5,400 $19,600
2015 $5,135 $25,000 $5,400 $19,600
2014 -- $25,000 $5,400 $19,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rita Doria

    REALTY NETWORK GROUP

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB135577

Greater Scranton Board of REALTORS®

APN: 15706040057

Pennsylvania Lackawanna County Scranton 18510 Hill Section

1416 Myrtle St Unit 1424, Scranton, PA

This home is located at 1416 Myrtle St Unit 1424, Scranton, PA 18510 since 25 November 2013 and is currently estimated at $310,083, approximately $43 per square foot. This property was built in 1940. 1416 Myrtle St Unit 1424 is a home located in Lackawanna County with nearby schools including William Prescott School, Northeast Scranton Intermediate School, and Scranton High School.

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.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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