NOT LISTED FOR SALE

1601 Electric St Scranton, PA 18509

Estimated Value: $184,000 - $313,000

2 Beds
2 Baths
1,638 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $74,000 $45 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,410/month

61 Days on Market

Highlights

  • 1 Car Detached Garage
  • Dining Room
  • Level Lot
  • Living Room

About This Home

As of July 2019

Fantastic location for this well maintained Dunmore duplex. Vinyl siding, replacement windows, 1 car detached garage, tenants pay their own heat and electric., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 892.00, SqFt Fin - 2nd: 746.00

Last Agent to Sell the Property

MICHAEL TIGHE

CLASSIC PROPERTIES License #RS278360 Listed on: 04/03/2019

Last Buyer's Agent

LORI PEPSON

Coldwell Banker Town & Country Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 20x150
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 13519010036

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $666
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,683

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: 81 to Dunmore exit, south on Blakely Street to a right onto Electric St, house is on the right across from Monroe Ave.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1638
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 922.02
  • EnhancedAcccessible: No
  • WaterExpense: 666.00
  • SewerExpense: 333.00
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 20.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Off Street, Paved, Detached, Garage, Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, See Remarks, Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Dunmore

Lot Info

  • Land Lease: No
  • Lot Dimensions: 20X150
  • Additional Parcels: No
  • Parcel #: 13519010036
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1682.67
  • Tax Book Number: 1497/0370

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jul 16, 2019
Sold by
Holmes Joseph J and Holmes Donna M
Bought by
Lpo Holdings Llc
Seller's Agent
MICHAEL TIGHE
CLASSIC PROPERTIES
Buyer's Agent
LORI PEPSON
Coldwell Banker Town & Country Properties
List Price
$89,900
Sold Price
$74,000
Premium/Discount to List
-$15,900
-17.69%
Current Estimated Value
$232,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,333
Avg. Annual Appreciation
19.61%
Original Mortgage
$59,200
Outstanding Balance
$7,200
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,133

Purchase Details

Closed on
Jan 3, 1995
Bought by
Holmes Donna M and Holmes Joseph J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lpo Holdings Llc $74,000 None Available
Holmes Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lpo Holdings Llc $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2019 07/16/19 Sold $74,000 -17.7% $45 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $89,900 -- $55 / 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 $2,238 $7,500 $1,200 $6,300
2024 $1,914 $7,500 $1,200 $6,300
2023 $1,914 $7,500 $1,200 $6,300
2022 $1,795 $7,500 $1,200 $6,300
2021 $1,759 $7,500 $1,200 $6,300
2020 $1,759 $7,500 $1,200 $6,300
2019 $1,683 $7,500 $1,200 $6,300
2018 $1,655 $7,500 $1,200 $6,300
2017 $1,607 $7,500 $1,200 $6,300
2016 $847 $7,500 $1,200 $6,300
2015 -- $7,500 $1,200 $6,300
2014 -- $7,500 $1,200 $6,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MICHAEL TIGHE

    CLASSIC PROPERTIES

  • L

    Buyer's Agent in 2019

    LORI PEPSON

    Coldwell Banker Town & Country Properties

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB191408

Greater Scranton Board of REALTORS®

APN: 13519010036

Pennsylvania Lackawanna County Scranton 18509

1601 Electric St, Scranton, PA

Not Listed for Sale

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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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