$220,000
SOLD JUL 10, 2023
4 Beds
2 Baths
2,068 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • 3 Car Detached Garage
  • Ceiling Fan
  • Hot Water Heating System

About This Home

As of July 2023

Investors, don't miss out on this incredible opportunity to own a 2 unit investment property in the highly sought-after Hills section of Scranton. This property boasts two spacious 2-bedroom, 1-bathroom apartments, each with their own separate entrance, offering the perfect setup for rental income. With off-street parking available, your tenants will enjoy the convenience and security of having a designated parking spot. Updates include a new furnace and water heater. This property is a true income producer, with a high cap rate that ensures you'll see a healthy return on your investment. Don't wait, schedule a showing today and start profiting from this fantastic investment property! Garage is in need of major repair., Baths: Y

Last Agent to Sell the Property

Bridget Gelderman

Iron Valley R E Innovate License #RM426117 Listed on: 05/04/2023

Iron Valley R E Innovate

Last Buyer's Agent

Wendy Creamer

Wallenpaupack Realty License #RS352325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14619040010

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,176
  • Water Sewer Expense $4,200
  • New Taxes Expense $1,545
  • Gross Income $31,200
  • Net Operating Income $21,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,545

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Casey Hwy W: Take I-81 N/ US-6 W/PA-347 Exit toward Binghamton. Take Exit 188 to PA-347. Turn left onto PA -347. Continue onto Blakely St which turns into Short St. Turn left onto Cherry St. Right onto 3rd St/ Wheeler Ave. Left onto Ash St. Property on left.
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • GasRightsReserved: None
  • SchoolTaxAmount: 857.92
  • WaterExpense: 4200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 4
  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding, Stone

Garage/Parking

  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Scranton School District

Lot Info

  • Parcel #: 14619040010
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200
  • Insurance Expense: 1176

Tax Info

  • New Taxes Expense: 1544.82
  • Tax Annual Amount: 1544.82
  • Tax Book Number: 2019003220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 10, 2023
Sold by
Martinez Ignacio and Martinez Eutimia Yrene
Bought by
Wnek Rafal and Wnek Eugenia
Seller's Agent
Bridget Gelderman
Iron Valley R E Innovate
Buyer's Agent
Wendy Creamer
Wallenpaupack Realty
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$230,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,961
Avg. Annual Appreciation
7.52%
Original Mortgage
$154,000
Outstanding Balance
$151,075
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,359

Purchase Details

Listed on
Jan 28, 2019
Closed on
Feb 28, 2019
Sold by
Pettinato Sandra and Estate Of Nicole M Pettinato
Bought by
Martinez Ignacio and Martinez Eutimia Yrene
Seller's Agent
Pat Rogan
Christian Saunders Real Estate
Buyer's Agent
Ninouska Gome
Dwell Real Estate - Dunmore Branch Office
List Price
$49,995
Sold Price
$40,000
Premium/Discount to List
-$9,995
-19.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.85%

Purchase Details

Closed on
Apr 20, 2017
Sold by
Pettinato George S
Bought by
Pettinato Nicole M

Purchase Details

Closed on
Sep 19, 2013
Sold by
Pettinato George S
Bought by
Pettinato Nicole M and Pettinato George S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $220,000 None Listed On Document
Deed $40,000 Simplifile
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Rented $15,600 +1100.0% --
05/12/2024 05/12/24 Under Contract -- -- --
05/01/2024 05/01/24 Price Changed $1,300 -3.7% $2 / Sq Ft
04/05/2024 04/05/24 For Rent $1,350 0.0% --
07/10/2023 07/10/23 Sold $220,000 -2.2% $106 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $225,000 +462.5% $109 / Sq Ft
02/28/2019 02/28/19 Sold $40,000 -20.0% $18 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $49,995 -- $23 / Sq Ft
Source: Pike/Wayne Association 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 $2,057 $6,000 $1,600 $4,400
2024 $1,888 $6,000 $1,600 $4,400
2023 $1,888 $6,000 $1,600 $4,400
2022 $384 $6,000 $1,600 $4,400
2021 $1,847 $6,000 $1,600 $4,400
2020 $1,815 $6,000 $1,600 $4,400
2019 $1,710 $6,000 $1,600 $4,400
2018 $1,710 $6,000 $1,600 $4,400
2017 $1,682 $6,000 $1,600 $4,400
2016 $0 $6,000 $1,600 $4,400
2015 $1,285 $6,000 $1,600 $4,400
2014 -- $6,000 $1,600 $4,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW231236

Pike/Wayne Association of REALTORS®

APN: 14619040010