NOT LISTED FOR SALE

208 Washington St East Stroudsburg, PA 18301

Estimated Value: $282,376 - $397,000

6 Beds
2 Baths
1,900 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $130,250 $69 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,943/month

25 Days on Market

About This Home

As of January 2013

Multi-family property zoned C-1. Great location. Great investment. Positive cash flow!

Last Agent to Sell the Property

Gregory Lukomski

Poconos Properties Real Estate, Inc. License #RM 421962 Listed on: 04/02/2012

Co-Listed By

Monika Pienkowski

Royal Pocono Realty License #RS290585

Last Buyer's Agent

Patrick Forney

RKA Real Estate, LLC License #RM025413A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-3.1.8.25

Community Details

Overview

  • 12 Buildings
  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Trash Expense $580
  • New Taxes Expense $4,571
  • Gross Income $23,100
  • Net Operating Income $15,781

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: N. Courtland to left on Washington St property is on right and has a sign
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1910
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: PPRI
  • Co List Office Phone: 570-223-8600
  • Co List Office Phone: 570-223-8600
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 05-3.1.8.25
  • Location Tax and Legal School Tax Amount2: 3695.76
  • Location Tax and Legal Tax Annual Amount2: 4571.61
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.12
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Buildings2: 12.0
  • Income And Expenses New Taxes Expense: 4571.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Varies by Unit
  • Heating: Baseboard, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes

Schools

  • Junior High Dist: East Stroudsburg Area

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05-3.1.8.25
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4571.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2013
Sold by
Kessell Gary and Borzio Angelo F
Bought by
Aga Investments Llc
Current Estimated Value
$335,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$113,549
Interest Rate
5%
Mortgage Type
Unknown
Estimated Equity
$221,545

Purchase Details

Listed on
Apr 2, 2012
Closed on
Dec 27, 2012
Sold by
Bis Piotr and Bis Lucyna
Bought by
Kessel Gary and Borzio Angelo F
Seller's Agent
Gregory Lukomski
Poconos Properties Real Estate, Inc.
Buyer's Agent
Patrick Forney
RKA Real Estate, LLC
List Price
$129,000
Sold Price
$130,250
Premium/Discount to List
$1,250
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Aug 3, 2006
Sold by
Ferra Dino and Ferra Dee
Bought by
Bis Piotr and Bis Lucyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Charney Michael and Charney Phylis
Bought by
Ferra Dino and Ferra Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aga Investments Llc $150,000 None Available
Kessel Gary $130,250 None Available
Bis Piotr $325,000 None Available
Ferra Dino $245,000 Universal Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aga Investments Llc $150,000
Previous Owner Bis Piotr $260,000
Previous Owner Ferra Dino $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $130,250 +1.0% $69 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $129,000 -- $68 / Sq Ft
Source: Pocono Mountains Association 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 $2,085 $156,120 $55,500 $100,620
2024 $1,614 $156,120 $55,500 $100,620
2023 $6,145 $156,120 $55,500 $100,620
2022 $6,110 $156,120 $55,500 $100,620
2021 $5,917 $156,120 $55,500 $100,620
2020 $6,003 $156,120 $55,500 $100,620
2019 $4,614 $20,440 $10,530 $9,910
2018 $4,614 $20,440 $10,530 $9,910
2017 $4,583 $20,440 $10,530 $9,910
2016 $927 $20,440 $10,530 $9,910
2015 $3,696 $20,440 $10,530 $9,910
2014 $3,696 $20,440 $10,530 $9,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: 12-2897

Pocono Mountains Association of REALTORS®

APN: 05-3.1.8.25