NOT LISTED FOR SALE

36-38 Bedford St Forty Fort, PA 18704

Estimated Value: $226,000 - $262,643

5 Beds
2 Baths
2,557 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $207,000 $81 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,656/month

6 Days on Market

Highlights

  • Baseboard Heating
  • Heating System Uses Steam
  • Carpet
  • 1 Car Garage

About This Home

As of March 2024

Prime Investment Opportunity in Forty Fort! Two-Unit apartment building with detached two story garage for Sale. Each unit offers spacious living with 2 bedrooms on the 1st floor and 3 bedrooms on the 2nd/3rd floor. Long-term tenants in place on month-to-month leases. Rents are below market. Separate utilities. Off-street parking. Don't miss out on this income-generating property!

Last Agent to Sell the Property

Casey Donahue

D & D REALTY License #RS319764 Listed on: 02/13/2024

Last Buyer's Agent

GREATER WILKES-BARRE MLS

LUZERNE COUNTY ASSOCIATION OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40x190
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,557 Sq Ft Home
  • 3-Story Property
  • Electric Range
  • Unfinished Basement

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, hot water, gas
  • The owner pays for taxes, sewer
  • Assessor Parcel Number 21-G10NW1-003-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,703

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: Wyoming Avenue to Bedford Street
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 2557
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • AuctionYN: No
  • SchoolTaxAmount: 2249.10
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Electric Range, Free-Standing Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Has Basement: Unfinished
  • Flooring: Carpet, Linoleum
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Exterior Features: Private Yard

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Off Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Steam, Natural Gas, Hot Water
  • Utilities: Electricity Connected, Water Connected, Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Wyoming Valley West

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Lot Dimensions: 40x190
  • Parcel #: 21-G10NW1-003-003-000

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Hot Water, Gas
  • Owner Pays: Other, Taxes, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3702.69
  • Tax Book Number: 224733

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 22, 2024
Sold by
Jenny Lake Properties Llc
Bought by
Camacho Mejia John D
Seller's Agent
Casey Donahue
D & D REALTY
Buyer's Agent
GREATER WILKES-BARRE MLS
LUZERNE COUNTY ASSOCIATION OF REALTORS
List Price
$199,999
Sold Price
$207,000
Premium/Discount to List
$7,001
3.5%
Views
48
Current Estimated Value
$249,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,161
Avg. Annual Appreciation
12.78%
Original Mortgage
$175,950
Outstanding Balance
$173,431
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$73,307

Purchase Details

Closed on
Jan 4, 2019
Sold by
Scott Larissa and Cleary Larissa
Bought by
Jenny Lake Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Wesstrom Tracey Kay and Wesstrom Fred W
Bought by
Scott Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.79%
Mortgage Type
New Conventional
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
Camacho Mejia John D $207,000 None Listed On Document
Mejia John D Camacho $207,000 None Listed On Document
Jenny Lake Properties Llc $112,500 Fox Ridge Abstract
Scott Larissa $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camacho Mejia John $9,000
Open Mejia John D Camacho $175,950
Closed Mejia John D Camacho $175,950
Previous Owner Jenny Lake Properties Llc $90,000
Previous Owner Scott Larissa $26,300
Previous Owner Scott Larissa $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $207,000 +3.5% $81 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $199,999 -- $78 / 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 $3,703 $121,700 $27,300 $94,400
2024 $3,703 $121,700 $27,300 $94,400
2023 $3,648 $121,700 $27,300 $94,400
2022 $3,625 $121,700 $27,300 $94,400
2021 $3,535 $121,700 $27,300 $94,400
2020 $3,535 $121,700 $27,300 $94,400
2019 $3,446 $121,700 $27,300 $94,400
2018 $3,353 $121,700 $27,300 $94,400
2017 $3,288 $121,700 $27,300 $94,400
2016 -- $121,700 $27,300 $94,400
2015 -- $121,700 $27,300 $94,400
2014 -- $121,700 $27,300 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1048

Greater Scranton Board of REALTORS®

APN: 21-G10NW1-003-003-000