$330,000
SOLD MAY 6, 2024 RENTED FEB 26, 2025

301 E Elm St Dunmore, PA 18512

5 Beds
3 Baths
2,768 Sq Ft
0.35 Acres

Recently Sold

$119 Per Sq Ft

12% Below List Price

36 Days on Market

Highlights

  • A-Frame Home
  • Balcony
  • Eat-In Kitchen
  • Corner Lot
  • Rear Porch
  • Laundry Room

About This Home

As of May 2024

Introducing a fantastic three unit apartment building. This well-maintained property features two 2 bedroom and one 1 bedroom units. Each apartment offers comfortable living spaces designed for modern lifestyles, with thoughtful layouts and contemporary finishes. The building's exterior exudes curb appeal, while inside, residents enjoy the convenience of spacious bedrooms, semi-modern kitchens, and inviting living areas. What sets this property apart is its potential for significant upside and a convenient coin-operated laundry facility, adding value and convenience for both tenants and owners alike. With the option for conventional or FHA financing, investors have flexibility in their purchase approach. Plus, the presence of coin-operated laundry provides an additional revenue stream, enhancing the property's income potential. Whether you're looking to maximize rental income or capitalize on future appreciation, this three-apartment building offers a compelling investment opportunity. Don't miss your chance to own a property with the potential for substantial returns and long-term financial growth.

Last Agent to Sell the Property

Casey Connor

Cobblestone Real Estate LLC License #RS355910 Listed on: 02/20/2024

Co-Listed By

Michael Cola

Cobblestone Real Estate LLC License #RM424494

Last Buyer's Agent

Michael Clark

Cobblestone Real Estate LLC License #RS360251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1990

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75x60
  • Corner Lot
  • Lot Sloped Down
  • Cleared Lot

Home Design

  • A-Frame Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Finished Basement
  • Apartment Living Space in Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Rear Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 14651020007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,574

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Directions: right onto S Apple Street then take a left on Corner Street and a right on Elm Property on Left
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.35
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1990
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area, Laundry Room, Lower Level
  • ResoLotFeatures: Cleared, Sloped Down, Corner Lot
  • ResoPoolFeatures: None
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: GSBcobble
  • Co List Office Phone: (570) 500-5254
  • Above Grade Finished Sq Ft: 1845
  • Architectural Style: A-Frame
  • Reso Interior Features: Eat-in Kitchen
  • New Construction: No
  • Reso Other Structures: None
  • Reso Structure Type: None
  • ResoWindowFeatures: Insulated Windows
  • AuctionYN: No
  • SchoolTaxAmount: 866.95
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Washer/Dryer, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Has Basement: Apartment, Finished
  • Flooring: Carpet, Linoleum
  • Spa Features: None
  • Basement YN: Yes
  • Below Grade Sq Ft: 922.5
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Dunmore

Lot Info

  • Zoning: C2
  • Current Use: Multi-Family, Residential
  • Lot Dimensions: 75x60
  • Parcel #: 14651020007

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1574.47
  • Tax Book Number: 202217583

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2024
Sold by
Prak Jonathan and Hwang Jennifer
Bought by
301 E Elm Street Dunmore Llc
Total Days on Market
36
Current Estimated Value
$193,318

Purchase Details

Listed on
Feb 20, 2024
Closed on
Jun 18, 2024
Sold by
Boniello David and Michalek Matthew
Bought by
B & M Realty
Seller's Agent
Casey Connor
Cobblestone Real Estate LLC
Buyer's Agent
Michael Clark
Cobblestone Real Estate LLC
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.96%
Original Mortgage
$234,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 2, 2024
Sold by
301 East Elm Street Llc
Bought by
Prak Jonathan and Hwang Jennifer
Seller's Agent
Casey Connor
Cobblestone Real Estate LLC
Buyer's Agent
Michael Clark
Cobblestone Real Estate LLC
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,700
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2022
Sold by
B & M Realty Apartments Llc
Bought by
301 East Elm Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,862,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2021
Sold by
B & M Realty
Bought by
B & M Realty Apartments Llc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Gianzanti Marlene C and Gianzanti Frank
Bought by
Fmichalek Matthew D

Purchase Details

Closed on
Jan 11, 2005
Sold by
Michalek Matthew and Michalek Matthew D
Bought by
Gianzanti Marlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed -- None Listed On Document
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Deed $330,000 None Listed On Document
Deed $166,425 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,700 New Conventional
Previous Owner $3,862,500 New Conventional
Previous Owner $160,000 Commercial
Previous Owner $130,000 Commercial
Previous Owner $35,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $16,800 +1144.4% --
02/04/2025 02/04/25 Under Contract -- -- --
01/27/2025 01/27/25 Price Changed $1,350 -11.5% $2 / Sq Ft
12/27/2024 12/27/24 Price Changed $1,525 -4.7% $2 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,600 +6.7% $2 / Sq Ft
09/26/2024 09/26/24 For Rent $1,500 0.0% --
05/06/2024 05/06/24 Sold $330,000 -5.4% $119 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $349,000 -6.9% $126 / Sq Ft
02/22/2024 02/22/24 For Sale $375,000 -- $135 / 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 $1,791 $6,000 $900 $5,100
2024 $1,531 $6,000 $900 $5,100
2023 $1,531 $6,000 $900 $5,100
2022 $1,436 $6,000 $900 $5,100
2021 $1,407 $6,000 $900 $5,100
2020 $1,407 $6,000 $900 $5,100
2019 $1,346 $6,000 $900 $5,100
2018 $1,324 $6,000 $900 $5,100
2017 $1,286 $6,000 $900 $5,100
2016 $677 $6,000 $900 $5,100
2015 -- $6,000 $900 $5,100
2014 -- $6,000 $900 $5,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1177

Greater Scranton Board of REALTORS®

APN: 14651020007