NOT LISTED FOR SALE

18 Fetherman St Stroudsburg, PA 18360

Estimated Value: $255,000 - $472,000

6 Beds
2 Baths
2,592 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $210,000 $81 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,023/month

1 Day on Market

About This Home

As of May 2018

Duplex for sale in Stroudsburg. The side-by-side multifamily consists of two apartments, each with 3 bedrooms and 1.5 bathrooms. Building was recently renovated in 2014 and is currently 50% occupied. Property is serviced by public water, sewer and gas.

Last Listed By

Daniel Perich

KW Commercial - Stroudsburg Listed on: 04/03/2018

KW Commercial - Stroudsburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1902

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 18730009271365

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,788
  • Maintenance Expense $1,434
  • Other Expense $1,434
  • Gross Income $28,680
  • Net Operating Income $18,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,897

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 16280.00
  • Stories: 2.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Features: Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Square Footage: 2592

Exterior Features

  • Construction: Vinyl

Utilities

  • Cooling: No Air
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public
  • Insurance: 1788

Condo/Co-op/Association

  • Lawn Snow Removal: 1425
  • Maintenance Repair: 1434

Schools

  • School District: Stroudsburg

Lot Info

  • Acres: 0.130
  • Lot Sq Ft: 5663
  • Zoning Code: R-2

Rental Info

  • Other Expenses: 1434

Tax Info

  • Assessor Parcel Number: 18730009271365

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Stroudsburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Porter Steven L and Porter Kristin
Bought by
Yost Ethan and Seidner Melissa L
Total Days on Market
1
Current Estimated Value
$336,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,414
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$286,973

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 23, 2018
Sold by
Lang Ken
Bought by
Maria Properties Llc
Seller's Agent
Daniel Perich
KW Commercial - Stroudsburg
Buyer's Agent
Daniel Perich
KW Commercial - Stroudsburg
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$157,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2014
Sold by
Deutsche Bank Trust Company Americas
Bought by
Lang Ken

Purchase Details

Closed on
Jan 3, 2014
Sold by
Knight Deseree and Knight William H
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Oct 28, 2006
Sold by
Colon Edwin J and Colon Maryann
Bought by
Knight Deseree and Knight William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,560
Interest Rate
6.36%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Yost Ethan $125,500 All Pocono Closing Services
Maria Properties Llc $210,000 Veritas Abstract Llc
Lang Ken $97,484 None Available
Deutsche Bank Trust Company Americas $2,224 None Available
Knight Deseree $233,200 W A Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $50,000
Previous Owner Maria Properties Llc $157,500
Previous Owner Knight Deseree $186,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $210,000 -4.1% $81 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $219,000 -- $84 / Sq Ft
Source: Greater Lehigh Valley 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
2024 $1,897 $135,590 $24,240 $111,350
2023 $5,395 $135,590 $24,240 $111,350
2022 $5,183 $135,590 $24,240 $111,350
2021 $4,953 $135,590 $24,240 $111,350
2020 $5,095 $135,590 $24,240 $111,350
2019 $3,783 $16,280 $2,980 $13,300
2018 $3,731 $16,280 $2,980 $13,300
2017 $3,682 $16,280 $2,980 $13,300
2016 $1,023 $16,280 $2,980 $13,300
2015 -- $16,280 $2,980 $13,300
2014 -- $16,280 $2,980 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 575922

Greater Lehigh Valley REALTORS®

APN: 18-4.2.2.30