NOT LISTED FOR SALE

1908 Pittston Ave Unit 1914 Scranton, PA 18505

South Side Neighborhood

Estimated Value: $364,000 - $615,741

-- Bed
-- Bath
5,500 Sq Ft
$83/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $540,000 $98 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,202/month

53 Days on Market

Highlights

  • 0.29 Acre Lot
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2022

Excellent 8-Unit investment property just minutes from downtown Scranton. There are two buildings as part of this investment. Building one contains 6-Units while Building two has 2-Units. There is a lot of room for improvement on the current rents from long term tenants. Plus, the possibilities for additional revenue due to the size of each unit, bedroom count, basement space, and garage space will provide additional future means of income if done right., Semi-Modern Kitchen: Y, Old Kitchen: Y, Tax Information: Available, Kitchen: SemiMod,Old, Baths: Old,SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 3000.00, SqFt Fin - 2nd: 2500.00

Last Listed By

Michael Urban

EXP Realty LLC License #RS333911 Listed on: 09/21/2022

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x160
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16710030023
  • $24,500 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,149

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Directions: Pittston Avenue to 1900 block, next ot Neil W. Regan Funeral Home.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 5500
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 3503.18
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • 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, Rolled/Hot Mop
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • RoadFrontageLength: 80.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 80X160
  • Additional Parcels: No
  • Parcel #: 16710030023
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7148.9
  • Tax Book Number: 0608/0101
  • Tax Other Annual Assessment Amount: 24500

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 70800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Dec 19, 2022
Sold by
Opsasnick John and Opsasnick Sheila
Bought by
Rugel Dream Properties Llc
Seller's Agent
Michael Urban
EXP Realty LLC
Buyer's Agent
beth gravener
Revolve Real Estate
List Price
$619,900
Sold Price
$540,000
Premium/Discount to List
-$79,900
-12.89%
Total Days on Market
53
Views
13
Current Estimated Value
$455,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,753
Avg. Annual Appreciation
-7.07%

Purchase Details

Closed on
Feb 20, 2002
Bought by
Opsasnick John and Opsasnick Sheila

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
Rugel Dream Properties Llc $540,000 --
Opsasnick John $190,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $540,000 -12.9% $98 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $619,900 -- $113 / 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 $7,991 $24,500 $4,450 $20,050
2024 $7,310 $24,500 $4,450 $20,050
2023 $7,310 $24,500 $4,450 $20,050
2022 $7,149 $24,500 $4,450 $20,050
2021 $7,149 $24,500 $4,450 $20,050
2020 $7,017 $24,500 $4,450 $20,050
2019 $6,603 $24,500 $4,450 $20,050
2018 $6,603 $24,500 $4,450 $20,050
2017 $6,488 $24,500 $4,450 $20,050
2016 $0 $24,500 $4,450 $20,050
2015 $4,888 $24,500 $4,450 $20,050
2014 -- $24,500 $4,450 $20,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB224289

Greater Scranton Board of REALTORS®

APN: 16710030023