NOT LISTED FOR SALE

Estimated Value: $350,000 - $504,000

-- Bed
-- Bath
5,000 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $215,000 $43 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,040/month

77 Days on Market

Highlights

  • The property is located in a historic district
  • Porch
  • 5-minute walk to Nay Aug Park
  • Deck
  • Baseboard Heating

About This Home

As of May 2014

One of the nicest multi units in the City and what a location. Directly across from Nay Aug Park....literally your front yard is a beautiful City Park. The 1st floor features what could be the ultimate owners apartment. With 3 bedrooms...wow. This is a must see for the investor or the super smart homeowner who wants to live in one unit and rent the others., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1000.00, SqFt Fin - Main: 2000.00, SqFt Fin - 2nd: 2000.00

Last Agent to Sell the Property

Wayne Evans

Wayne Evans Realty License #RM421529 Listed on: 09/09/2013

Last Buyer's Agent

Nell Donnelly-O'Boyle

Wayne Evans Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 15714020024
  • $25,000 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $1,200
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Directions: From Central City, Mulberry Street to right on to Harrison Avenue to Left on Roselyn Ave to left onto Arthur Avenue, house on left.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1915
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Rectangular Lot, Historic District
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 5000
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2857.50
  • EnhancedAcccessible: No
  • WaterExpense: 1200.00
  • SewerExpense: 1200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood, Slate
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Brick, Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: Concrete, Parking Pad, Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X160
  • Additional Parcels: No
  • Parcel #: 15714020024
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6115.41
  • Tax Book Number: 2008-26851
  • Tax Other Annual Assessment Amount: 25000

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2013
Closed on
May 15, 2014
Sold by
Dempsey Michele B and Cunningham John H
Bought by
Kolatis Philip J
Seller's Agent
Wayne Evans
Wayne Evans Realty
Buyer's Agent
Nell Donnelly-O'Boyle
Wayne Evans Realty
List Price
$259,000
Sold Price
$215,000
Premium/Discount to List
-$44,000
-16.99%
Current Estimated Value
$429,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,992
Avg. Annual Appreciation
6.07%
Original Mortgage
$172,000
Outstanding Balance
$96,880
Interest Rate
4.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$320,998

Purchase Details

Closed on
Oct 30, 2008
Sold by
Gavern Philip and Gavern Johanna A
Bought by
Dempsey Michele B and Cunningham John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
6.13%
Mortgage Type
Commercial
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
Kolatis Philip J $215,000 None Available
Dempsey Michele B $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolatis Philip J $172,000
Previous Owner Dempsey Michele B $172,500
Previous Owner Dempsey Michele B $18,400
Previous Owner Dempsey Michele B $184,000
Previous Owner Gavern Philip $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $215,000 -17.0% $43 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $259,000 -- $52 / 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 $8,372 $25,000 $5,650 $19,350
2024 $7,673 $25,000 $5,650 $19,350
2023 $7,673 $25,000 $5,650 $19,350
2022 $7,504 $25,000 $5,650 $19,350
2021 $7,504 $25,000 $5,650 $19,350
2020 $7,370 $25,000 $5,650 $19,350
2019 $6,939 $25,000 $5,650 $19,350
2018 $6,939 $25,000 $5,650 $19,350
2017 $6,822 $25,000 $5,650 $19,350
2016 $2,292 $25,000 $5,650 $19,350
2015 $4,850 $25,000 $5,650 $19,350
2014 -- $25,000 $5,650 $19,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB134461

Greater Scranton Board of REALTORS®

APN: 15714020024