NOT LISTED FOR SALE

218 Ferdinand St Scranton, PA 18508

Tripp's Park Neighborhood

Estimated Value: $127,000 - $184,000

-- Bed
-- Bath
2,400 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $95,000 $40 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,038/month

110 Days on Market

About This Home

As of January 2023

Great Investment Opportunity in a nice area of Scranton. Fully Rented 2 Unit Property ( 3 bed 1 bath) ( 2 bed 1 bath) Good Income producing property, priced to sell. Tenants would like to stay. CASH ONLY. Motivated seller and will review all offers. Pictures for 1st Fl were taken before tenants move in.

Last Agent to Sell the Property

Yessica Degia

Smart Way America Realty License #RS337841 Listed on: 09/06/2022

Last Buyer's Agent

Yessica Degia

Smart Way America Realty License #RS337841 Listed on: 09/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13412040034

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $537
  • New Taxes Expense $2,240
  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,240

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1930
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.07
  • Co List Office Phone: 570-371-5173
  • MLS Status: Closed
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 13412040034
  • Location Tax and Legal School Tax Amount2: 1243.99
  • Location Tax and Legal Tax Annual Amount2: 2240.0
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.07
  • Electric 200 Amp Service: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Electric:Circuit Breakers: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses New Taxes Expense: 2240.0
  • Cooling Separate Meters: Yes
  • 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

Garage/Parking

  • Parking Features:Off Site: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Separate Meters, None
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 13412040034
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
218 Ferdinand St Llc
Bought by
Grossman Shabsy Dovid and Grossman Chana Yehudis
Current Estimated Value
$154,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$91,261
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$63,406

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 27, 2023
Sold by
Martinez Ignacio
Bought by
218 Ferdinand St Llc
Seller's Agent
Yessica Degia
Smart Way America Realty
Buyer's Agent
Yessica Degia
Smart Way America Realty
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Original Mortgage
$102,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 24, 2018
Sold by
Halter John and Halter Karen
Bought by
Lake Martinez Ignacio and Lake Ariel
Seller's Agent
Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.56%

Purchase Details

Closed on
Jan 14, 2009
Sold by
The Bank Of New York Mellon
Bought by
Halter John and Halter Karen

Purchase Details

Closed on
Feb 22, 2008
Sold by
Jp Morganchase Bank and Lavigne Michael
Bought by
Jp Morgan Chase Bank
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
Grossman Shabsy Dovid -- None Listed On Document
218 Ferdinand St Llc $95,000 None Listed On Document
Lake Martinez Ignacio $40,000 None Available
Halter John $23,000 None Available
Jp Morgan Chase Bank $3,195 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Shabsy Dovid $93,750
Previous Owner 218 Ferdinand St Llc $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $95,000 -19.5% $40 / Sq Ft
12/25/2022 12/25/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $118,000 -5.6% $49 / Sq Ft
09/06/2022 09/06/22 For Sale $125,000 +212.5% $52 / Sq Ft
08/27/2018 08/27/18 Sold $40,000 -32.2% $25 / Sq Ft View Prior Sale
07/20/2018 07/20/18 Pending -- -- --
03/28/2013 03/28/13 For Sale $59,000 -- $37 / 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 $2,684 $8,700 $800 $7,900
2024 $2,445 $8,700 $800 $7,900
2023 $2,445 $8,700 $800 $7,900
2022 $2,391 $8,700 $800 $7,900
2021 $2,391 $8,700 $800 $7,900
2020 $2,344 $8,700 $800 $7,900
2019 $2,203 $8,700 $800 $7,900
2018 $2,203 $8,700 $800 $7,900
2017 $2,162 $8,700 $800 $7,900
2016 $585 $8,700 $800 $7,900
2015 $1,601 $8,700 $800 $7,900
2014 -- $8,700 $800 $7,900
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2023

    Yessica Degia

    Smart Way America Realty

    (570) 371-5173

    1 in this area

    21 Total Sales

    Yessica Degia
    Section Image

  • J

    Seller's Agent in 2018

    Judy Cerra

    Berkshire Hathaway Home Services Preferred Properties

    (570) 585-1500

    18 in this area

    184 Total Sales

    Judy Cerra
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-100574

Pocono Mountains Association of REALTORS®

APN: 13412040034

Pennsylvania Lackawanna County Scranton 18508 Tripp's Park

218 Ferdinand St, Scranton, PA

Not Listed for Sale

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