$89,000
SOLD JUN 16, 2021

316 Ferdinand St Scranton, PA 18508

Tripp's Park Neighborhood
-- Bed
-- Bath
1,560 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

51% Above List Price

368 Days on Market

About This Home

As of January 2024

Nice, rented duplex with mostly separate utilities. Well renovated and maintained. GREAT PRICE. Cashflow is HUGE at almost 1400/mo incomeLet's hear it for near 20% cap rate in this market!, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 780.00, SqFt Fin - 2nd: 780.00

Last Agent to Sell the Property

Stephen Franco

Berkshire Hathaway Home Services Preferred Properties License #RS332714 Listed on: 03/29/2020

Last Buyer's Agent

Steve Franco

Gorilla Real Estate LLC License #RM424988

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 25x78

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $14,400

Listing and Financial Details

  • Assessor Parcel Number 13412040001
  • $8,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Corner property. Ferdinand st.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 1560
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1169.77
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • RoadFrontageLength: 25.00

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 25X78
  • Additional Parcels: No
  • Parcel #: 13412040001
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2303.5
  • Tax Book Number: 2010-20531
  • Tax Other Annual Assessment Amount: 8500

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 16, 2024
Sold by
616 Investments Llc
Bought by
316 Ferdinand Llc
Seller's Agent
William Chupko
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Christine Ives Polizzi
EXP Realty LLC
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
21
Current Estimated Value
$139,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,430
Avg. Annual Appreciation
13.87%

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jun 17, 2021
Sold by
Girikrupa Llc
Bought by
616 Investments Llc
Seller's Agent
Stephen Franco
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Steve Franco
Gorilla Real Estate LLC
List Price
$59,000
Sold Price
$89,000
Premium/Discount to List
$30,000
50.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$1,416,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2010
Sold by
Federal National Mortgage Association
Bought by
Girikrupa Llc

Purchase Details

Closed on
Aug 10, 2010
Sold by
Powell Ewan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 18, 2007
Sold by
Butsko Andrew S
Bought by
Powell Ewan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,900
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2006
Sold by
Myers Eric and Myers Cynthia
Bought by
Butsko Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9%
Mortgage Type
Assumption
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 $120,000 None Listed On Document
Deed $777,500 None Available
Deed $19,999 None Available
Sheriffs Deed $3,611 None Available
Deed $119,000 None Available
Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,250 New Conventional
Previous Owner $1,416,000 Commercial
Previous Owner $11,900 Commercial
Previous Owner $95,200 Commercial
Previous Owner $67,500 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $120,000 -7.7% $72 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $130,000 +46.1% $78 / Sq Ft
06/16/2021 06/16/21 Sold $89,000 +50.8% $57 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/29/2020 03/29/20 For Sale $59,000 -- $38 / 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 $2,636 $8,500 $850 $7,650
2024 $2,402 $8,500 $850 $7,650
2023 $2,402 $8,500 $850 $7,650
2022 $2,349 $8,500 $850 $7,650
2021 $2,349 $8,500 $850 $7,650
2020 $2,303 $8,500 $850 $7,650
2019 $2,165 $8,500 $850 $7,650
2018 $2,165 $8,500 $850 $7,650
2017 $2,125 $8,500 $850 $7,650
2016 $584 $8,500 $850 $7,650
2015 $1,576 $8,500 $850 $7,650
2014 -- $8,500 $850 $7,650
Source: Public Records

Agents Affiliated with this Home

  • William Chupko

    Seller's Agent in 2024

    William Chupko

    Keller Williams Real Estate-Clarks Summit

    (570) 862-2230

    4 in this area

    175 Total Sales

    Section Image
  • Christine Ives Polizzi

    Buyer's Agent in 2024

    Christine Ives Polizzi

    EXP Realty LLC

    (570) 561-7189

    10 in this area

    184 Total Sales

    Section Image

  • S

    Seller's Agent in 2021

    Stephen Franco

    Berkshire Hathaway Home Services Preferred Properties

  • S

    Buyer's Agent in 2021

    Steve Franco

    Gorilla Real Estate LLC

    (570) 798-7051

    4 in this area

    65 Total Sales

    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB201259

Greater Scranton Board of REALTORS®

APN: 13412040001

Pennsylvania Lackawanna County Scranton 18508 Tripp's Park

316 Ferdinand St, Scranton, PA

This home is located at 316 Ferdinand St, Scranton, PA 18508 and is currently priced at $89,000, approximately $57 per square foot. This property was built in 1920. 316 Ferdinand St is a home located in Lackawanna County with nearby schools including Neil Armstrong Elementary School, South Scranton Intermediate, and West Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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