NOT LISTED FOR SALE

321 Drake St Old Forge, PA 18518

Estimated Value: $189,000 - $214,000

-- Bed
-- Bath
2,673 Sq Ft
$74/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $131,000 $49 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,365/month

9 Days on Market

Highlights

  • 4 Car Detached Garage
  • Community Deck or Porch
  • Hot Water Baseboard Heater
  • Paneling

About This Home

As of December 2021

So many possibilities await the owner of this duplex, convert back to a large single, live in one unit & rent out other, rent out both for extra income. 1st flr unit has been redone w/new carpeting, paint, flring, stainless appliances. Added bonus oversized garage, fenced rear yard & nice size front porch. Centrally located, short drive to many amenities & airport. A Fannie Mae HomePath property.

Last Agent to Sell the Property

Joseph O'Connor

Button Real Estate License #AB028902A Listed on: 10/26/2021

Last Buyer's Agent

Robert Vanston

Berkshire Hathaway Home Services Preferred Properties License #RB-062696C

Berkshire Hathaway Home Services Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1929

Lot Details

  • Property is in good condition

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Fire Rated Drywall
  • Stucco Exterior
  • Plaster

Interior Spaces

  • 2,673 Sq Ft Home
  • Paneling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Baseboard Heater

Community Details

  • 2 Units
  • Community Deck or Porch

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,152

Year Built

Built in 1929

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: Yes
  • Directions: Foote Avenue North, right on Drake, last 2-unit on right.
  • Est County Tax: 926.84
  • Estimated School Tax: 1932.03
  • EstTotalTax: 3152.50
  • Number of Ranges: 1
  • Age: 76 - 100 Yrs
  • Listing Member Name: Joseph S O'Connor
  • Listing Office Short Id: 1550
  • Tax Municipality: Old Forge
  • Open House Office I D: 20050705205149902301000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 8010
  • Selling Office Short Id: 2200
  • Year Built: 1929
  • InteriorFinish: Drywall, Plaster, Paneling
  • Building Style: Duplex (Up & Down)
  • Estimated Total Sq Ft: 2673.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: N
  • Unit1InfoWaterInRent: N
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: N
  • Unit2InfoWaterInRent: N
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full Unfinished
  • AppliancesNumberDishwashers: 1
  • Limited Service: No

Exterior Features

  • Property Condition: Good
  • Exterior: Stucco
  • Roof: Other - See Remarks

Garage/Parking

  • Spaces: 4
  • Garage Type: Detached

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Gas
  • Heat Type: Hot Water Baseboard
  • Sewer: Public
  • Hot Water: Public

Association/Amenities

  • MFAmenities: Fencing, Porch

Condo/Co-op/Association

  • Number of Units: 2

Schools

  • School District: Old Forge
  • School District: Old Forge

Lot Info

  • Lot Size: 5680
  • Zoning: Residential

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 17, 2021
Sold by
Fannie Mae
Bought by
Vanston Samuel
Seller's Agent
Joseph O'Connor
Button Real Estate
Buyer's Agent
Robert Vanston
Berkshire Hathaway Home Services Preferred Properties
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%
Current Estimated Value
$197,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,667
Avg. Annual Appreciation
11.40%
Original Mortgage
$124,450
Outstanding Balance
$114,261
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$83,406

Purchase Details

Closed on
Apr 26, 2019
Sold by
Homschek George and Nationstar Mortgage Llc
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 26, 1986
Bought by
Homschek George and Homschek Cheryl
Source: Public Records

Range of Values:

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Average Value
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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
Vanston Samuel $131,000 Servicelink Llc
Fannie Mae $1,438 None Available
Homschek George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanston Samuel $124,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $131,000 -3.0% $49 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $135,000 -- $51 / Sq Ft
Source: Luzerne County 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 $3,761 $14,500 $1,500 $13,000
2024 $3,354 $14,500 $1,500 $13,000
2023 $3,354 $14,500 $1,500 $13,000
2022 $3,241 $14,500 $1,500 $13,000
2021 $3,153 $14,500 $1,500 $13,000
2020 $3,116 $14,500 $1,500 $13,000
2019 $2,986 $14,500 $1,500 $13,000
2018 $2,957 $14,500 $1,500 $13,000
2017 $2,957 $14,500 $1,500 $13,000
2016 $1,731 $14,500 $1,500 $13,000
2015 -- $14,500 $1,500 $13,000
2014 -- $14,500 $1,500 $13,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph O'Connor

    Button Real Estate

    (570) 715-7707

    1 in this area

    85 Total Sales

    Joseph O'Connor
    Section Image
  • Robert Vanston

    Buyer's Agent in 2021

    Robert Vanston

    Berkshire Hathaway Home Services Preferred Properties

    (570) 840-0152

    15 in this area

    175 Total Sales

    Robert Vanston
    Section Image
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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-5603

APN: 18415020009

Pennsylvania Lackawanna County Old Forge 18518

321 Drake St, Old Forge, PA

This home is located at 321 Drake St, Old Forge, PA 18518 since 26 October 2021 and is currently estimated at $197,667, approximately $73 per square foot. This property was built in 1929. 321 Drake St is a home located in Lackawanna County with nearby schools including Old Forge Elementary School, Old Forge Junior/Senior High School, and Holy Rosary Elementary School.

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