NOT LISTED FOR SALE

195 N Main St Wilkes Barre, PA 18702

Estimated Value: $185,167 - $302,000

6 Beds
2 Baths
2,600 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $225,000 $87 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,546/month

9 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling Fan
  • Porch
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of April 2024

Step into the realm of lucrative investments with this meticulously maintained up-and-down duplex located in the esteemed Kings College area. Boasting not only high rental income but also streamlined operational costs, this property sets the stage for unparalleled financial growth. Don't miss your chance to own a piece of prime real estate in this thriving locale. Schedule a viewing today and embark on your journey towards lasting prosperity!

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

  • $2,720

Year Built

  • Built in 1920

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 40x158

Home Design

  • Duplex
  • Slate Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for electricity, water
  • Assessor Parcel Number 73-H10NW4-023-003-000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $33,600
  • Net Operating Income $29,661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: North Main Street Wilkes-Barre second building past North Street, on right
  • Lot Size Acres: 0.145
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Rectangular Lot
  • ResoPoolFeatures: None
  • Above Grade Finished Sq Ft: 2600
  • Architectural Style: Duplex Up & Down
  • Garage Yn: No
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen
  • New Construction: No
  • Reso Other Structures: None
  • Reso Structure Type: Duplex
  • AuctionYN: No
  • SchoolTaxAmount: 1500.46
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Electric Oven, Washer/Dryer, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile, Hardwood
  • Spa Features: None
  • Basement YN: No

Exterior Features

  • Roof: Slate
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: On Street, Parking Lot

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Water Connected, Sewer Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Wilkes-Barre Area

Lot Info

  • Zoning: R-2
  • Current Use: Multi-Family
  • Lot Dimensions: 40x158
  • Parcel #: 73-H10NW4-023-003-000

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2720
  • Tax Book Number: 16-127260

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 26, 2024
Sold by
Alex Jeffrey
Bought by
Malacari Vito Joseph and Malacari Cynthia
Seller's Agent
Zachary Meckes
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
62
Current Estimated Value
$245,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,042
Avg. Annual Appreciation
9.19%
Original Mortgage
$168,750
Outstanding Balance
$167,103
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$85,598

Purchase Details

Closed on
Jul 8, 2019
Sold by
Cmarq Llc
Bought by
Alex Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Hutch Harry J and Hutch Nancy W
Bought by
Cmarq Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.51%
Mortgage Type
Commercial
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
Malacari Vito Joseph $225,000 None Listed On Document
Alex Jeffrey $125,000 None Available
Cmarq Llc $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malacari Vito Joseph $168,750
Previous Owner Alex Jeffrey $100,000
Previous Owner Cmarq Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $225,000 -4.3% $87 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $235,000 -- $90 / 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 $13,522 $81,400 $20,200 $61,200
2024 $13,522 $81,400 $20,200 $61,200
2023 $13,522 $81,400 $20,200 $61,200
2022 $13,507 $81,400 $20,200 $61,200
2021 $13,507 $81,400 $20,200 $61,200
2020 $13,507 $81,400 $20,200 $61,200
2019 $13,459 $81,400 $20,200 $61,200
2018 $13,411 $81,400 $20,200 $61,200
2017 $13,363 $81,400 $20,200 $61,200
2016 -- $81,400 $20,200 $61,200
2015 -- $81,400 $20,200 $61,200
2014 -- $81,400 $20,200 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1061

Greater Scranton Board of REALTORS®

APN: 73-H10NW4-023-003-000