NOT LISTED FOR SALE

317 319 E Elm St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $167,000 - $214,000

-- Bed
-- Bath
2,454 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 26, 2021

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

Est. 44% increase in value since last sale

Current estimated payment $1,321/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 Listed By

Peter Byron

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

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
Total Days on Market
20
Current Estimated Value
$196,667

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
$240,734
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$44,067

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
8.90%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Scranton, PA

  • 929 Monroe Ave, Scranton, PA 18510

    $239,900

    • Studio
    • 2,650 Sq Ft
    • 929 Monroe Ave
    • Scranton, PA

    Investor Alert !!! Prime opportunity to own a 4-unit multifamily property in a highly desirable location! Each unit features 2 bedrooms and 1 bath, offering excellent rental potential. Property requires a full rehab, making it a perfect project for strategic investors looking to add value and maximize returns.

    Sharonn Thomas-Pope HomeSmart Realty Advisors

    Section Image
  • 316 W Market St, Scranton, PA 18508

    $159,900

    • 2 Beds
    • 1 Bath
    • 1,680 Sq Ft
    • 316 W Market St
    • Scranton, PA

    This well-maintained North Scranton duplex is the perfect addition to your portfolio--or an ideal opportunity to live in one unit and let the other help pay the mortgage! Featuring separate utilities, off-street parking, and a spacious backyard, this property offers both comfort and convenience for tenants and owners alike.One unit is already rented, providing instant income, while the other is

    Christian Saunders Christian Saunders Real Estate

    Section Image
See All Homes in Scranton

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 $8,093
Previous Owner Polanco Adrian $141,941
Previous Owner Borgna Joseph Allan $140,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • P

    Seller's Agent in 2021

    Peter Byron

    ERA One Source Realty - Lake Ariel

    (570) 698-0700

    1 in this area

    45 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

Homes for Sale in Scranton, PA

This home is located at 317 319 E Elm St, Scranton, PA 18505 since 15 September 2020 and is currently estimated at $196,667, approximately $80 per square foot. This property was built in 1950. 317 319 E Elm St is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and 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.

Pike/Wayne Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes