$74,000
SOLD APR 1, 2021

1517 Olive St Scranton, PA 18510

Hill Section Neighborhood
-- Bed
-- Bath
1,576 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

22% Below List Price

148 Days on Market

About This Home

As of February 2025

2 unit income property. Separate gas heat, separate water ans separate electric, which means great income for the right investor. Great location for University of Scranton student housing also. All information and measurements approx. not guaranteed. Being sold 'as is'. Additional units available by the University. Call listing agent., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 788.00, SqFt Fin - 2nd: 788.00

Last Agent to Sell the Property

JOSEPH BROGAN

O BOYLE REAL ESTATE LLC License #RS109862A Listed on: 09/17/2020

Last Buyer's Agent

JOSEPH BROGAN

O BOYLE REAL ESTATE LLC License #RS109862A Listed on: 09/17/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50x54

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15710010031
  • $10,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Harrison Ave. to Olive St. Proceed to house on the left.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.06
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1925
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Rectangular Lot
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1576
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1376.20
  • 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: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Wood Siding
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X54
  • Additional Parcels: No
  • Parcel #: 15710010031
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3352.45
  • Tax Book Number: 2006-23311
  • Tax Other Annual Assessment Amount: 10000

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 12, 2025
Sold by
Knowles Premium Investments Llc
Bought by
Ray Jaykumar Dharmeshkuma and Ray Dharmeshkumar M
Seller's Agent
Pat Rogan
The Hub Real Estate Group Scranton
Buyer's Agent
Sheye-Anne O'Malley
EXP Realty LLC
List Price
$159,995
Sold Price
$164,000
Premium/Discount to List
$4,005
2.5%
Total Days on Market
148
Views
32
Current Estimated Value
$171,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,876
Avg. Annual Appreciation
16.39%
Original Mortgage
$131,000
Outstanding Balance
$130,109
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$45,752

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 24, 2021
Sold by
821 Vine Street Llc
Bought by
Knowles Premium Investments Llc
Seller's Agent
JOSEPH BROGAN
O BOYLE REAL ESTATE LLC
Buyer's Agent
JOSEPH BROGAN
O BOYLE REAL ESTATE LLC
List Price
$95,000
Sold Price
$74,000
Premium/Discount to List
-$21,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.77%

Purchase Details

Closed on
Aug 11, 2006
Sold by
Hibble Charles L and Fish Ronald E
Bought by
821 Vine Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $164,000 None Listed On Document
Deed $74,000 None Available
Deed $86,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,000 New Conventional
Previous Owner $137,600 Future Advance Clause Open End Mortgage
Previous Owner $65,000 Future Advance Clause Open End Mortgage
Previous Owner $32,800 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2025 02/16/25 Sold $164,000 +2.5% $109 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $159,995 +116.2% $106 / Sq Ft
04/01/2021 04/01/21 Sold $74,000 -22.1% $47 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
09/17/2020 09/17/20 For Sale $95,000 0.0% $60 / Sq Ft
03/09/2012 03/09/12 Rented $6,300 +1100.0% --
03/07/2012 03/07/12 Under Contract -- -- --
01/14/2012 01/14/12 For Rent $525 -- --
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 $3,769 $10,000 $4,400 $5,600
2024 $3,481 $10,000 $4,400 $5,600
2023 $3,481 $10,000 $4,400 $5,600
2022 $3,406 $10,000 $4,400 $5,600
2021 $3,406 $10,000 $4,400 $5,600
2020 $3,352 $10,000 $4,400 $5,600
2019 $3,165 $10,000 $4,400 $5,600
2018 $3,165 $10,000 $4,400 $5,600
2017 $3,118 $10,000 $4,400 $5,600
2016 $1,306 $10,000 $4,400 $5,600
2015 $2,440 $10,000 $4,400 $5,600
2014 -- $10,000 $4,400 $5,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Pat Rogan

    The Hub Real Estate Group Scranton

  • S

    Buyer's Agent in 2025

    Sheye-Anne O'Malley

    EXP Realty LLC

  • J

    Seller's Agent in 2021

    JOSEPH BROGAN

    O BOYLE REAL ESTATE LLC

  • P

    Seller's Agent in 2012

    Peter Lamandre

    BETTER BY DESIGN REAL ESTATE LLC

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB203865

Greater Scranton Board of REALTORS®

APN: 15710010031

Pennsylvania Lackawanna County Scranton 18510 Hill Section

1517 Olive St, Scranton, PA

This home is located at 1517 Olive St, Scranton, PA 18510 and is currently priced at $74,000, approximately $46 per square foot. This property was built in 1925. 1517 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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