NOT LISTED FOR SALE

1934 1936 Washburn St Scranton, PA 18504

Hyde Park Neighborhood

Estimated Value: $175,000

7 Beds
3 Baths
3,550 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $270,000 $76 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,185/month

45 Days on Market

About This Home

As of March 2024

This is a well-maintained, turn-key triplex with TONS of opportunity for value-add. This building highlights two 2-bedroom apartments on one side and one 3-bedroom unit on the other. Both 2-bedroom units are fully occupied and have been completely upgraded, is well-kept by happy tenants and in good condition. One unit is currently rented at slightly below market value. The other is rented a market value.The 3-bedroom bosts 1700 finished squarefeet. The unit is recently vacated and has been cleaned and brought to move-in condition for a future owner-occupant or its next tenant. It also has the opportunity for minor cosmetic upgrading for its next owner. The seller is open to advertising the 3-bedroom for rent as-is once under contract to help get this unit filled asap for the new owner. Some utilities are not split. With one unit currently vacant this could also give a future owner the opportunity to split the utilities, add value to your asset, lower expenses, and MAKE MORE MONEY! All expenses and projected rents are available upon request. Additional features of this building include a nice back yard, large covered front proch, private enclosed porch off the 3 bedroom, back decks for both 2 bedrooms, huge walk up attic on both sides, room for storage in the basement, laundry hook ups in the vacant units, no neighbors across the street, excellent accessability to businesses.

Last Agent to Sell the Property

Aubrey Reese

Revolve Real Estate License #RS353848 Listed on: 01/26/2024

Last Buyer's Agent

Catherine Taylor

Catherine License #RS358492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 43x140

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 14513030032
  • $9,500 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $5,400
  • Gross Income $44,040
  • Net Operating Income $28,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,758

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: N Main Ave to turn on Washburn and proceed to the 1900 block of. Property is on the right.
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1935
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 3550
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1404.56
  • EnhancedAcccessible: No
  • WaterExpense: 5400.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Has Basement: Unfinished
  • Basement YN: Yes

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R2
  • Lot Dimensions: 43X140
  • Parcel #: 14513030032

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2757.7
  • Tax Book Number: 0090/0571
  • Tax Other Annual Assessment Amount: 9500

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 29, 2024
Sold by
Heights Properties Llc
Bought by
Gutierrez Darlin Joana Zantan
Seller's Agent
Aubrey Reese
Revolve Real Estate
Buyer's Agent
Catherine Taylor
Catherine
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Total Days on Market
45
Views
112
Current Estimated Value
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,000
Original Mortgage
$265,109
Outstanding Balance
$262,294
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2022
Sold by
Thompson Phyllis I
Bought by
Heights Properties Llc

Purchase Details

Closed on
Apr 21, 2017
Sold by
Dudley Donna M
Bought by
Thompson Phyllis I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,959
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 1999
Bought by
Dudley Russell and Dudley Donna M
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
Gutierrez Darlin Joana Zantan $270,000 None Listed On Document
Heights Properties Llc $117,500 --
Thompson Phyllis I $51,900 None Available
Dudley Russell $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Darlin Joana Zantan $265,109
Previous Owner Heights Properties Llc $171,500
Previous Owner Thompson Phyllis I $50,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $270,000 +0.4% $76 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $269,000 -3.6% $76 / Sq Ft
01/26/2024 01/26/24 For Sale $279,000 -- $79 / 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 $3,084 $9,500 $1,650 $7,850
2024 $2,820 $9,500 $1,650 $7,850
2023 $2,820 $9,500 $1,650 $7,850
2022 $2,758 $9,500 $1,650 $7,850
2021 $2,758 $9,500 $1,650 $7,850
2020 $2,707 $9,500 $1,650 $7,850
2019 $2,547 $9,500 $1,650 $7,850
2018 $2,547 $9,500 $1,650 $7,850
2017 $2,502 $9,500 $1,650 $7,850
2016 $0 $9,500 $1,650 $7,850
2015 $1,882 $9,500 $1,650 $7,850
2014 -- $9,500 $1,650 $7,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC814

Greater Scranton Board of REALTORS®

APN: 14513030032