NOT LISTED FOR SALE

1507 Olive St Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $101,000 - $182,000

3 Beds
1 Bath
995 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 13, 2015

Last sale price $45,000 $45 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,022/month

1 Day on Market

Highlights

  • Porch
  • Heating System Uses Steam
  • Carpet
  • Ceiling Fan
  • Fenced

About This Home

As of October 2015

Nice single family home close to University of Scranton and Scranton hospitals. New windows 2015, new heating system 2013, new roof 2010. Modern kitchen, fenced back yard., Baths: 1 Bath Lev 2, Beds: 2+ Bed 2nd, SqFt Fin - Main: 560.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, Modern Kitchen: Y, SqFt Fin - 2nd: 435.00

Last Agent to Sell the Property

Jane Matthews

Gerber Associates RE Inc. License #RM422864 Listed on: 08/10/2015

Last Buyer's Agent

Jane Matthews

Gerber Associates RE Inc. License #RM422864 Listed on: 08/10/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 25x90
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 995 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15710010027
  • $11,000 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Center City, take Mulberry to left on Prescott Ave to right on Olive. House on left.
  • Unit Levels: Split Entry (Bi-Level), Two, One and One Half
  • Lot Size Acres: 0.05
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 995
  • New Construction: No
  • Property Attached Yn: No
  • AtticFeatures: Crawl Opening
  • AuctionYN: No
  • SchoolTaxAmount: 1324.35
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Electric Range, Electric Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Has Basement: Exterior Entry, Unfinished, Partial
  • Flooring: Carpet, Vinyl
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Fencing: Fenced
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch
  • RoadFrontageLength: 25.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Steam, Radiant
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 25X90
  • Additional Parcels: No
  • Parcel #: 15710010027
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2989.96
  • Tax Book Number: 2005-22079
  • Tax Other Annual Assessment Amount: 11000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 13, 2015
Sold by
Matthews Charles and Matthews Jane
Bought by
Patel Sunil C and Patel Ilaben S
Seller's Agent
Jane Matthews
Gerber Associates RE Inc.
Buyer's Agent
Jane Matthews
Gerber Associates RE Inc.
List Price
$57,000
Sold Price
$45,000
Premium/Discount to List
-$12,000
-21.05%
Current Estimated Value
$133,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,250
Avg. Annual Appreciation
10.83%
Original Mortgage
$43,650
Outstanding Balance
$34,811
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$90,465

Purchase Details

Closed on
Aug 11, 2005
Sold by
Crs Investments Llc
Bought by
Matthews Charles and Matthews Jane

Purchase Details

Closed on
Dec 29, 2004
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Crs Investments Llc
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
Patel Sunil C $45,000 None Available
Matthews Charles $65,000 None Available
Crs Investments Llc $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sunil C $43,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2015 10/13/15 Sold $45,000 -21.1% $45 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $57,000 -- $57 / 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 $3,775 $11,000 $2,950 $8,050
2024 $3,465 $11,000 $2,950 $8,050
2023 $3,465 $11,000 $2,950 $8,050
2022 $3,390 $11,000 $2,950 $8,050
2021 $3,390 $11,000 $2,950 $8,050
2020 $3,331 $11,000 $2,950 $8,050
2019 $3,138 $11,000 $2,950 $8,050
2018 $3,138 $11,000 $2,950 $8,050
2017 $3,086 $11,000 $2,950 $8,050
2016 $1,093 $11,000 $2,950 $8,050
2015 $2,358 $11,000 $2,950 $8,050
2014 -- $11,000 $2,950 $8,050
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jane Matthews

    Gerber Associates RE Inc.

    (570) 498-3098

    68 Total Sales

    Jane Matthews
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB154105

Greater Scranton Board of REALTORS®

APN: 15710010027

Pennsylvania Lackawanna County Scranton 18510 Hill Section

1507 Olive St, Scranton, PA

This home is located at 1507 Olive St, Scranton, PA 18510 since 10 August 2015 and is currently estimated at $133,250, approximately $133 per square foot. This property was built in 1940. 1507 Olive St 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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