NOT LISTED FOR SALE

317 319 E Elm St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $189,000 - $259,000

-- Bed
-- Bath
2,454 Sq Ft
$89/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $137,000 $56 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,369/month

20 Days on Market

Highlights

  • Balcony
  • Zoned Heating
  • Baseboard Heating

About This Home

As of February 2021

Fully rented three unit 7 bed 3 bath income property on separate electric meters, two new gas heating systems, all new water heating w/back porch in the heart of Scranton PA. Positive cash flow with room to grow! Call your realtor to schedule an appointment today., Baths: Y

Last Agent to Sell the Property

Peter Byron

ERA One Source Realty - Lake Ariel License #RS339633 Listed on: 09/15/2020

Last Buyer's Agent

NON-MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40x75

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,454 Sq Ft Home
  • 3-Story Property
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 1561902002301

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $28,620
  • Net Operating Income $23,261

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,819

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Lackawanna Ave. to Right on Washington; Left on E. Elm (Strip Mall & Weis Market indicates Elm - no sign)
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: None
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • Road Surface Type: Paved
  • Water Body Name: None
  • Unit Levels: Three Or More
  • GasRightsReserved: None
  • SchoolTaxAmount: 971.59
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Number Of Buildings: 1
  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding
  • Exterior Features: Balcony
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Baseboard, Zoned, Natural Gas, Hot Water, Electric
  • Water Source: Public

Schools

  • Junior High Dist: Scranton School District

Lot Info

  • Lot Dimensions: 40x75
  • Parcel #: 1561902002301
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28620

Tax Info

  • Tax Annual Amount: 1819.27
  • Tax Book Number: 2019010814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Polanco Adrian
Bought by
117-319 E Elm St Corp
Current Estimated Value
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,600
Outstanding Balance
$239,581
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$21,581

Purchase Details

Listed on
Sep 15, 2020
Closed on
Jan 29, 2021
Sold by
Prosper Abraham and Prosper Olgie
Bought by
Polanco Adrian
Seller's Agent
Peter Byron
ERA One Source Realty - Lake Ariel
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$159,999
Sold Price
$137,000
Premium/Discount to List
-$22,999
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$141,941
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2019
Sold by
Smith Denise Menendez
Bought by
Prosper Abraham and Prosper Olgie

Purchase Details

Closed on
Sep 3, 2013
Sold by
Sherwood Properties Llc
Bought by
Smith Denise Mendez

Purchase Details

Closed on
Mar 18, 2010
Sold by
Borgna Joseph Allan and Borgna Noreen C
Bought by
Sherwood Properties Llc
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
117-319 E Elm St Corp $154,000 Secure Abstract
Polanco Adrian $144,560 Home Abstract And Settlement
Prosper Abraham $24,000 Templeton Abstract Svcs Llc
Smith Denise Mendez $50,000 None Available
Sherwood Properties Llc $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 117-319 E Elm St Corp $243,600
Previous Owner Polanco Adrian $141,941
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $137,000 -14.4% $56 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $159,999 -- $65 / Sq Ft
Source: Pike/Wayne 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 $2,644 $7,850 $1,850 $6,000
2024 $2,424 $7,850 $1,850 $6,000
2023 $2,424 $7,850 $1,850 $6,000
2022 $2,371 $7,850 $1,850 $6,000
2021 $2,371 $7,850 $1,850 $6,000
2020 $2,329 $7,850 $1,850 $6,000
2019 $2,193 $7,850 $1,850 $6,000
2018 $2,193 $7,850 $1,850 $6,000
2017 $2,156 $7,850 $1,850 $6,000
2016 $0 $7,850 $1,850 $6,000
2015 $1,639 $7,850 $1,850 $6,000
2014 -- $7,850 $1,850 $6,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Byron

    Seller's Agent in 2021

    Peter Byron

    ERA One Source Realty - Lake Ariel

    (570) 698-0700

    2 in this area

    36 Total Sales

    Peter Byron
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB203668

Pike/Wayne Association of REALTORS®

APN: 1561902002301

Pennsylvania Lackawanna County Scranton 18505 South Side

317 319 E Elm St, Scranton, PA

Not Listed for Sale

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