$325,500
SOLD MAR 21, 2025
8 Beds
4 Baths
2,500 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

9% Below List Price

11 Days on Market

About This Home

As of March 2025

Investor alert! This 4-unit property in Scranton's desirable Hill Section is a fantastic value-add opportunity. Two units are currently occupied, providing immediate income, while the other two are vacant and ready for your vision--moderate renovations will unlock their full potential. Tenants cover gas and electric, while the owner pays water, sewer, and trash. The property features small yet comfortable yard spaces, perfect for tenants to enjoy. With plenty of room to increase cash flow, this is an ideal investment for a savvy buyer or an owner-occupant looking to house-hack. Don't miss out--schedule your showing today!

Last Agent to Sell the Property

Que Tran

LUXE Homes Real Estate LLC License #RM425260 Listed on: 01/30/2025

Last Buyer's Agent

Jennifer McMonigle-Jakubczyk

LUXE Homes Real Estate LLC License #RS364785

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x90

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Security Deposit $1,330
  • Assessor Parcel Number 15706050028
  • $16,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Wheeler Avenue to a left on Ash Street turn right on James Avenue. After passing the loft apartments continue around the bend onto Myrtle street. It is the 2nd to last house on the left side.
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 2500
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 2439.50
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 1330.00
  • GSB_UnitTypeSecurityDeposit: 875.00
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Has Basement: Full
  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Waterfront: No

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R2
  • Lot Dimensions: 40X90
  • Parcel #: 15706050028

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2787.63
  • Tax Book Number: 200504909
  • Tax Other Annual Assessment Amount: 16500

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 18, 2025
Sold by
Colan John R
Bought by
1509 East Gibson Llc
Seller's Agent
Que Tran
LUXE Homes Real Estate LLC
Buyer's Agent
Jennifer McMonigle-Jakubczyk
LUXE Homes Real Estate LLC
List Price
$359,500
Sold Price
$325,500
Premium/Discount to List
-$34,000
-9.46%
Views
46
Current Estimated Value
$331,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,833
Avg. Annual Appreciation
3.41%
Original Mortgage
$366,600
Outstanding Balance
$186,439
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$144,894
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 Type Sale Price Title Company
Deed $325,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $366,600 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $325,500 -9.5% $130 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $359,500 0.0% $144 / Sq Ft
11/11/2024 11/11/24 Rented $15,960 +1127.7% --
11/03/2024 11/03/24 Under Contract -- -- --
08/31/2024 08/31/24 For Rent $1,300 -91.7% --
05/30/2023 05/30/23 Rented $15,600 +1100.0% --
05/03/2023 05/03/23 Under Contract -- -- --
04/02/2023 04/02/23 For Rent $1,300 -91.0% --
07/20/2021 07/20/21 Rented $14,400 +1100.0% --
07/15/2021 07/15/21 Under Contract -- -- --
07/08/2021 07/08/21 For Rent $1,200 -88.9% --
07/29/2019 07/29/19 Rented $10,800 +980.0% --
07/29/2019 07/29/19 Under Contract -- -- --
06/27/2019 06/27/19 For Rent $1,000 -- --
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 $5,293 $16,500 $2,550 $13,950
2024 $4,837 $16,500 $2,550 $13,950
2023 $4,837 $16,500 $2,550 $13,950
2022 $8,144 $16,500 $2,550 $13,950
2021 $4,730 $16,500 $2,550 $13,950
2020 $4,642 $16,500 $2,550 $13,950
2019 $4,365 $16,500 $2,550 $13,950
2018 $4,365 $16,500 $2,550 $13,950
2017 $4,288 $16,500 $2,550 $13,950
2016 $1,298 $16,500 $2,550 $13,950
2015 $3,215 $16,500 $2,550 $13,950
2014 -- $16,500 $2,550 $13,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC250417

Greater Scranton Board of REALTORS®

APN: 15706050028