NOT LISTED FOR SALE

Estimated Value: $134,478 - $279,000

-- Bed
-- Bath
3,184 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $85,000 $27 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,322/month

150 Days on Market

Highlights

  • 0.3 Acre Lot
  • Heating System Uses Steam
  • Level Lot

About This Home

As of August 2020

This is a great investment opportunity. The large apartment building has 4 units and there is a seperate single family dwelling . The units have hardwood floors and gas heat. Both buildings have been well-maintained and there is ample parking for tenants., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1624.00, SqFt Fin - 2nd: 1560.00, Additional Info: There are 2 seperate buildings (One Deed) Owner pays heat water and sewer in apartment bldg. tenant pays heat in Single

Last Agent to Sell the Property

Thomas Gilhooley

ERA One Source Realty License #RS314994 Listed on: 10/21/2019

ERA One Source Realty

Last Buyer's Agent

Gregory Pollock

Lewith & Freeman RE, Inc. License #RS343356

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92x75x75x105x150
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,184 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Off-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 13408020023
  • $19,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Water Sewer Expense $2,782
  • Gross Income $29,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: West on Oak street in North Scranton to Brick Ave Turn left house in middle of block on the right
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.3
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3184
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2528.79
  • EnhancedAcccessible: No
  • WaterExpense: 2782.00
  • SewerExpense: 0.00
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • RoadFrontageLength: 92.00

Garage/Parking

  • Parking Features: Gravel, Off Site, On Street
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 92X75X75X105X150
  • Additional Parcels: No
  • Parcel #: 13408020023
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5472.07
  • Tax Book Number: 1300/0458
  • Tax Other Annual Assessment Amount: 19000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 29000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
Zavar Realty Llc
Bought by
Casablanca Estates Llc
Total Days on Market
150
Current Estimated Value
$209,620

Purchase Details

Closed on
Jul 7, 2022
Sold by
Dixit Patel
Bought by
Zaver Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2019
Closed on
Aug 5, 2020
Sold by
Dellecave James J and Dellecave John P
Bought by
Patel Dixit
Seller's Agent
Thomas Gilhooley
ERA One Source Realty
Buyer's Agent
Gregory Pollock
Lewith & Freeman RE, Inc.
List Price
$130,000
Sold Price
$85,000
Premium/Discount to List
-$45,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%
Original Mortgage
$68,000
Interest Rate
3%

Purchase Details

Closed on
Sep 21, 1989
Bought by
Dellecave James J and Dellecave John P
Source: Public Records

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Range of Values:

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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
Casablanca Estates Llc -- --
Zaver Realty Llc $190,000 None Listed On Document
Patel Dixit $85,000 None Available
Dellecave James J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaver Realty Llc $130,000
Previous Owner Patel Dixit $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $85,000 -34.6% $27 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $130,000 -- $41 / 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 $6,482 $19,000 $4,900 $14,100
2024 $5,948 $19,000 $4,900 $14,100
2023 $5,948 $19,000 $4,900 $14,100
2022 $5,818 $19,000 $4,900 $14,100
2021 $5,818 $19,000 $4,900 $14,100
2020 $5,716 $19,000 $4,900 $14,100
2019 $5,384 $19,000 $4,900 $14,100
2018 $5,384 $19,000 $4,900 $14,100
2017 $5,295 $19,000 $4,900 $14,100
2016 $1,852 $19,000 $4,900 $14,100
2015 $4,040 $19,000 $4,900 $14,100
2014 -- $19,000 $4,900 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB195059

Greater Scranton Board of REALTORS®

APN: 13408020023