NOT LISTED FOR SALE

150 Ridgeway St East Stroudsburg, PA 18301

Estimated Value: $352,535 - $449,000

5 Beds
3 Baths
2,340 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $359,400 $154 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,285/month

50 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of January 2022

9.27% CAP RATE!! The greatest investment you will ever make! This multi-family cash cow is less than 30 feet from to ESU's Campus! Walk out the front door, cross Prospect Street and you're on campus! It has 2 full apartments, a studio for the caretaker, and even a 2 bay garage. This home has a brand new roof, new paint, incredible tenants, and even OFF STREET PARKING! Don't wait, you'll miss it! Apartment 1 rents for $2,000 per month, Apartment 2 rents for $1,400 a month, Studio rents for $500 per month TO FAMILY MEMBER (caretaker). Garage rents for $40 a month to one tenant and the other bay is included in the caretakers rent. **Studio apartment is only allowed to be rented to a family member. Property sold As-Is**

Last Agent to Sell the Property

Jacob McLaughlin

exp Realty, LLC - Philadelphia License #RS353843 Listed on: 11/12/2021

exp Realty, LLC - Philadelphia

Last Buyer's Agent

Susan Price

Vacasa License #RS189975L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,906

Year Built

  • Built in 1918

Lot Details

  • 8,276 Sq Ft Lot
  • Front Yard Fenced
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-1.2.3.7

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,906

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Directions: From i80 - Take exit to Prospect St - Continue Straight to the corner of Ridgeway and Prospect - House is on the corner
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1918
  • Architectural Style: Traditional
  • PropertySubType: Single Family Residence
  • Reso Fencing: Front Yard
  • Lot Size Acres: 0.19
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 888-397-7352
  • MLS Status: Closed
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2340.0
  • ResoBuildingAreaSource: Estimated
  • Property Attached Yn: Yes
  • Room Type: Bathroom 2
  • Location Tax and Legal Parcel Number2: 05-1.2.3.7
  • Location Tax and Legal School Tax Amount2: 5616.72
  • Location Tax and Legal Tax Annual Amount2: 6906.19
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Above Grade Finished Area: 2340.0
  • General Property Information Living Area2: 2340.0
  • General Property Information Below Grade Unfinished Area: 1000.0
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: No
  • General Property Information Lot Size Acres: 0.19
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Roof Asphalt3: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Room Types Living Room2: Yes
  • Room Types Living Room Level: First
  • Room Types Bedroom 2 Level: First
  • Room Types Family Room2: Yes
  • Room Types Laundry3: Yes
  • Room Types Laundry Level: First
  • Room Types Primary Bedroom Level: First
  • Security Features:Smoke Detector(s): Yes
  • Room Types Bedroom 3 Level: First
  • Flooring:Vinyl: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Room Types Bedroom 5 Level: First
  • Water Heater:Oil2: Yes
  • Architectural Style Traditional: Yes
  • Fencing Front Yard: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator, Water Heater, Dishwasher, Washer, Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Total Bedrooms: 10
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Appliances Dishwasher: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Lot Features: Corner Lot
  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony
  • Accessibility Features:Accessible Central Living Area: 2340.0
  • Patio And Porch Features: Patio, Porch, Deck, Covered
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05-1.2.3.7
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6906.19
  • Tax Book Number: 2213/8062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 10, 2022
Sold by
Cornerstone Property Management Service
Bought by
Forty Three Property Llc
Seller's Agent
Jacob McLaughlin
exp Realty, LLC - Philadelphia
Buyer's Agent
Susan Price
Vacasa
List Price
$359,900
Sold Price
$359,400
Premium/Discount to List
-$500
-0.14%
Current Estimated Value
$392,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,734
Avg. Annual Appreciation
2.98%
Original Mortgage
$251,500
Outstanding Balance
$233,052
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$166,249

Purchase Details

Closed on
Jan 18, 2005
Sold by
Hoover James R and Hoover Leslie A
Bought by
Cornerstone Property Management Service

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Forty Three Property Llc $359,400 Paramount Abstract
Forty Three Property Llc $359,400 Paramount Abstract
Cornerstone Property Management Service $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forty Three Property Llc $251,500
Closed Forty Three Property Llc $251,500
Previous Owner Cornerstone Property Management Service $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $359,400 -0.1% $154 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $359,900 -- $154 / Sq Ft
Source: Pocono Mountains Association 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 $2,448 $179,620 $22,600 $157,020
2024 $1,857 $179,620 $22,600 $157,020
2023 $7,070 $179,620 $22,600 $157,020
2022 $7,030 $179,620 $22,600 $157,020
2021 $6,807 $179,620 $22,600 $157,020
2020 $6,906 $179,620 $22,600 $157,020
2019 $5,144 $22,790 $4,200 $18,590
2018 $5,144 $22,790 $4,200 $18,590
2017 $5,110 $22,790 $4,200 $18,590
2016 $1,034 $22,790 $4,200 $18,590
2015 $4,121 $22,790 $4,200 $18,590
2014 $4,121 $22,790 $4,200 $18,590
Source: Public Records

Agents Affiliated with this Home

  • Jacob McLaughlin

    Seller's Agent in 2022

    Jacob McLaughlin

    exp Realty, LLC - Philadelphia

    (484) 629-5938

    1 in this area

    45 Total Sales

    Jacob McLaughlin
    Section Image

  • S

    Buyer's Agent in 2022

    Susan Price

    Vacasa

See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-92944

Pocono Mountains Association of REALTORS®

APN: 05-1.2.3.7

Pennsylvania Monroe County East Stroudsburg 18301

150 Ridgeway St, East Stroudsburg, PA

This home is located at 150 Ridgeway St, East Stroudsburg, PA 18301 since 12 November 2021 and is currently estimated at $392,134, approximately $167 per square foot. This property was built in 1918. 150 Ridgeway St is a home located in Monroe County with nearby schools including J.M. Hill Elementary School, J.T. Lambert Intermediate School, and East Stroudsburg Senior High School South.

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.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

Nearby Homes