NOT LISTED FOR SALE

1821 Brick Ave Unit 1823 Scranton, PA 18508

Tripp's Park Neighborhood

Estimated Value: $199,252 - $247,000

5 Beds
3.5 Baths
3,300 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $185,000 $56 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,559/month

34 Days on Market

About This Home

As of March 2024

Have you invested in Scranton yet? Maybe it's time to get started with this three unit multi-family property!This property offers a spacious 3 bedroom/1.5 bath unit, as well as two units each with 1 bedroom/1 bath. Whether you're a seasoned investor or looking to kickstart your real estate portfolio, this property may provide an opportunity for portfolio growth and long-term wealth building.

Last Agent to Sell the Property

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 12/12/2023

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Michael Taluto

Keller Williams Real Estate-Clarks Summit License #RS366701

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55x82

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 13408030048
  • $12,000 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,307
  • Water Sewer Expense $2,400
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Take exit 191B for US-11 S toward Scranton Expy. Keep right, follow signs for Oak St. Turn right onto W Market St, then right onto Brick Ave. Destination will be on the right.
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3300
  • New Construction: No
  • Reso Structure Type: Multi Family
  • AuctionYN: No
  • SchoolTaxAmount: 1774.18
  • EnhancedAcccessible: No
  • WaterExpense: 2400.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-2
  • Current Use: Multi-Family
  • Lot Dimensions: 55X82
  • Parcel #: 13408030048

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 4407
  • Tax Annual Amount: 3671
  • Tax Book Number: 2021/13912
  • Tax Other Annual Assessment Amount: 12000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31800
  • Insurance Expense: 1307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 21, 2024
Sold by
616 Investments Llc
Bought by
1821-1823 Brick Ave Llc
Seller's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Michael Taluto
Keller Williams Real Estate-Clarks Summit
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
150
Current Estimated Value
$232,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,063
Avg. Annual Appreciation
16.43%
Original Mortgage
$138,750
Outstanding Balance
$136,633
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$95,430

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jun 17, 2021
Sold by
Girikunj Llc
Bought by
616 Investments Llc
Seller's Agent
Stephen Franco
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Steve Franco
Gorilla Real Estate LLC
List Price
$140,000
Sold Price
$180,000
Premium/Discount to List
$40,000
28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,416,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2009
Sold by
Levine Chanie
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 12, 2009
Sold by
Citimortgage Inc
Bought by
Girikunj Llc
Source: Public Records

Range of Values:

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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
1821-1823 Brick Ave Llc $185,000 None Listed On Document
616 Investments Llc $771,000 None Available
Citimortgage Inc $3,800 None Available
Girikunj Llc $35,000 Land Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1821-1823 Brick Ave Llc $138,750
Previous Owner 616 Investments Llc $1,416,000
Previous Owner Girikunj Llc $325,000
Previous Owner Girikunj Llc $75,000
Previous Owner Girikunj Llc $240,000
Previous Owner Levine Chanie $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $185,000 -5.1% $56 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $195,000 +8.3% $59 / Sq Ft
07/01/2021 07/01/21 Sold $180,000 +28.6% $60 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $140,000 -- $47 / 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 $4,006 $12,000 $2,650 $9,350
2024 $3,671 $12,000 $2,650 $9,350
2023 $3,671 $12,000 $2,650 $9,350
2022 $3,590 $12,000 $2,650 $9,350
2021 $3,590 $12,000 $2,650 $9,350
2020 $3,526 $12,000 $2,650 $9,350
2019 $3,320 $12,000 $2,650 $9,350
2018 $3,320 $12,000 $2,650 $9,350
2017 $3,263 $12,000 $2,650 $9,350
2016 $0 $12,000 $2,650 $9,350
2015 $2,475 $12,000 $2,650 $9,350
2014 -- $12,000 $2,650 $9,350
Source: Public Records

Agents Affiliated with this Home

  • William Chupko

    Seller's Agent in 2024

    William Chupko

    Keller Williams Real Estate-Clarks Summit

    (570) 862-2230

    4 in this area

    181 Total Sales

    William Chupko
    Section Image
  • Michael Taluto

    Buyer's Agent in 2024

    Michael Taluto

    Keller Williams Real Estate-Clarks Summit

    (570) 357-3843

    5 in this area

    42 Total Sales

    Michael Taluto
    Section Image

  • S

    Seller's Agent in 2021

    Stephen Franco

    Berkshire Hathaway Home Services Preferred Properties

  • S

    Buyer's Agent in 2021

    Steve Franco

    Gorilla Real Estate LLC

    (570) 798-7051

    4 in this area

    64 Total Sales

    Steve Franco
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC267

Greater Scranton Board of REALTORS®

APN: 13408030048

Pennsylvania Lackawanna County Scranton 18508 Tripp's Park

1821 Brick Ave Unit 1823, Scranton, PA

This home is located at 1821 Brick Ave Unit 1823, Scranton, PA 18508 since 12 December 2023 and is currently estimated at $232,063, approximately $70 per square foot. This property was built in 1920. 1821 Brick Ave Unit 1823 is a home located in Lackawanna County with nearby schools including Neil Armstrong Elementary School, South Scranton Intermediate, and West Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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