NOT LISTED FOR SALE

1615-1617 Swetland St Scranton, PA 18504

Hyde Park Neighborhood

Estimated Value: $235,000 - $306,000

-- Bed
17 Baths
3,600 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $143,510 $40 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,677/month

233 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • 1 Car Garage
  • Porch

About This Home

As of June 2021

Three family investment property with vinyl exterior, five year old roof. Fully rented, month to month leases. 1615 is a half double, left side unit, long term ten year tenant. Rent is $850.00 per month, tenant pays gas heat and electric. Semi modern kitchen and bath and three bedrooms. Finished laundry, family room and basic bath in lower level. 1615 also has a three season sunroom with a great view of the city, built-in one car garage with driveway. 1617 side is two apartment each with one bedroom and bath. Basic condition on the kitchens and baths. Each unit pays $575.00 plus electric and electric heat. New concrete sidewalks, driveway and retaining wall on the left side of the lot. Fenced yard on the right of the property., Semi-Modern Kitchen: Y, Old Kitchen: Y, Tax Information: Tax Exempt, Kitchen: SemiMod,Old, Baths: Old,SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1440.00, SqFt Fin - 2nd: 1440.00

Last Agent to Sell the Property

Maureen Edwards

Lewith & Freeman RE, Inc. License #RS158499A Listed on: 09/20/2020

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x143

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 14510010041
  • $9,000 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $3,259
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: West Side, Main Avenue to Swetland. Property on the left.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2880
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1238.58
  • EnhancedAcccessible: No
  • WaterExpense: 3259.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 720

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Off Street, Garage, Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50x143
  • Additional Parcels: No
  • Parcel #: 14510010041
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2854.7
  • Tax Book Number: 2013-02635
  • Tax Other Annual Assessment Amount: 9000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2023
Sold by
Turnkeys Llc
Bought by
1615 Swetland Llc
Current Estimated Value
$266,753

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
Outstanding Balance
$196,130
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$51,861

Purchase Details

Listed on
Sep 20, 2020
Closed on
Jun 22, 2021
Sold by
Macdonald Lucianne and Macdonald William
Bought by
Turnkeys Llc
Seller's Agent
Maureen Edwards
Lewith & Freeman RE, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$129,900
Sold Price
$143,510
Premium/Discount to List
$13,610
10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$107,663
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2013
Sold by
Brenner Myrna and Macdonald Lucianne
Bought by
Macdonald Lucianne and Macdonald William

Purchase Details

Closed on
Dec 1, 2005
Sold by
Rossi Florence and Rossi Richard
Bought by
Devitt Myrna and Macdonald Lucianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.39%
Mortgage Type
Commercial
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
1615 Swetland Llc $250,000 None Listed On Document
Turnkeys Llc $143,510 None Available
Macdonald Lucianne -- None Available
Devitt Myrna $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1615 Swetland Llc $200,000
Previous Owner Turnkeys Llc $107,663
Previous Owner Devitt Myrna $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $143,510 +10.5% $40 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
09/20/2020 09/20/20 For Sale $129,900 -- $36 / 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 $3,223 $9,000 $3,100 $5,900
2024 $2,968 $9,000 $3,100 $5,900
2023 $2,968 $9,000 $3,100 $5,900
2022 $2,903 $9,000 $3,100 $5,900
2021 $2,903 $9,000 $3,100 $5,900
2020 $2,855 $9,000 $3,100 $5,900
2019 $2,692 $9,000 $3,100 $5,900
2018 $2,692 $9,000 $3,100 $5,900
2017 $2,650 $9,000 $3,100 $5,900
2016 $0 $9,000 $3,100 $5,900
2015 $2,048 $9,000 $3,100 $5,900
2014 -- $9,000 $3,100 $5,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB203956

Greater Scranton Board of REALTORS®

APN: 14510010041