NOT LISTED FOR SALE

184 W River St Wilkes Barre, PA 18702

Estimated Value: $316,000 - $380,000

8 Beds
3.5 Baths
4,407 Sq Ft
$77/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $311,850 $71 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,182/month

38 Days on Market

Highlights

  • 1 Fireplace
  • Tile Flooring
  • Heating System Uses Steam
  • Porch
  • Ceiling Fan
  • Washer and Dryer

About This Home

As of May 2024

Experience the charm of a historically significant college rental nestled within Wilkes-Barre's esteemed historic district. This impressive 3-unit property, conveniently located within walking distance to Wilkes University, boasts a robust rental history. Providing added convenience, the off-street tenant parking area accommodates up to 7 vehicles, ensuring ease of access for residents. Moreover, this property commands exceptional rental rates and has undergone significant electrical and cosmetic upgrades within recent years, further enhancing its appeal and investment potential!

Last Agent to Sell the Property

Zachary Meckes

Keller Williams Real Estate-Clarks Summit License #RS370011 Listed on: 02/14/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,134

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Cleared Lot

Home Design

  • Triplex
  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 4,407 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Range
  • Unfinished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • On-Site Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 3 Units
  • Gross Income $48,000

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for electricity, taxes, hot water, gas
  • Assessor Parcel Number 73-H9SE4 -008-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,134

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Traveling S on River St, pass Market ST Bridge, turn R onto W. River St, home on L.
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Cleared
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4407
  • Reso Interior Features: Ceiling Fan(s)
  • New Construction: No
  • Reso Structure Type: Multi Family, Triplex
  • AuctionYN: No
  • SchoolTaxAmount: 2949.31
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Washer/Dryer, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Has Basement: Unfinished
  • Flooring: Laminate, Tile
  • Spa Features: None
  • Basement YN: Yes
  • Fireplaces: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: None
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Off Street, Parking Lot, On Site

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Steam
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Wilkes-Barre Area

Lot Info

  • Zoning: R3
  • Current Use: Multi-Family
  • Lot Dimensions: 50x160
  • Parcel #: 73-H9SE4 -008-006-000

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Electricity, Taxes, Hot Water, Gas

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5134
  • Tax Book Number: 10-048020

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 2, 2024
Sold by
Jaimon Properties Llc
Bought by
Matos Arlene and Torres Emmanuel A
Seller's Agent
Zachary Meckes
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$325,000
Sold Price
$311,850
Premium/Discount to List
-$13,150
-4.05%
Views
94
Current Estimated Value
$338,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,943
Avg. Annual Appreciation
5.25%
Original Mortgage
$295,100
Outstanding Balance
$292,291
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$41,704

Purchase Details

Closed on
Nov 21, 2019
Sold by
Taylor Justin M
Bought by
Jaimon Properties Llc
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
Matos Arlene $311,850 None Listed On Document
Jaimon Properties Llc $127,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Arlene $295,100
Previous Owner Taylor Justin M $126,550
Previous Owner Taylor Justin M $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $311,850 -6.9% $71 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $335,000 +3.1% $76 / Sq Ft
03/20/2024 03/20/24 For Sale $325,000 0.0% $74 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $325,000 -- $74 / 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 $26,579 $160,000 $34,000 $126,000
2024 $26,579 $160,000 $34,000 $126,000
2023 $26,579 $160,000 $34,000 $126,000
2022 $26,549 $160,000 $34,000 $126,000
2021 $26,549 $160,000 $34,000 $126,000
2020 $26,549 $160,000 $34,000 $126,000
2019 $26,455 $160,000 $34,000 $126,000
2018 $37,596 $228,200 $34,000 $194,200
2017 $37,461 $228,200 $34,000 $194,200
2016 -- $228,200 $34,000 $194,200
2015 $879 $228,200 $34,000 $194,200
2014 $879 $228,200 $34,000 $194,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1074

Greater Scranton Board of REALTORS®

APN: 73-H9SE4-008-006-000