NOT LISTED FOR SALE

37 Cliff St Pittston, PA 18640

Estimated Value: $176,000 - $234,000

-- Bed
-- Bath
4,960 Sq Ft
$43/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $139,000 $28 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,321/month

82 Days on Market

Highlights

  • 0.35 Acre Lot
  • Heating System Uses Steam
  • 5-minute walk to James Clark Park

About This Home

As of November 2019

Great investment opportunity available in Pittston. Two buildings, each with their own tax ID on one deed. Five total units taking in a gross of over $34k with a great cap rate. Properties are well maintained and ready for you to start collecting rent., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2680.00, SqFt Fin - 2nd: 2280.00, Additional Info: Two Parcels on one deed. Second PIN # is 72-D11SE2-013-006-000.

Last Agent to Sell the Property

Jolen Brennan

ERA One Source Realty License #RM424788 Listed on: 07/02/2019

Last Buyer's Agent

Donald Ide

Abstract Realty Group LLC License #RM425779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 88x165

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 4,960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 72D11SE2013007000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Water Sewer Expense $600
  • Gross Income $34,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Travelling on Main St. in Pittston, turn up Union St, make a Left onto Cliff St., properties are on the left.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.35
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4960
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2362.14
  • EnhancedAcccessible: No
  • WaterExpense: 600.00
  • SewerExpense: 2000.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Stone
  • RoadFrontageLength: 88.00

Garage/Parking

  • Parking Features: Asphalt, Paved, Off Street
  • Total Parking Spaces: 10

Utilities

  • Cooling: None
  • Heating: Electric, Steam, Radiant, Oil, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Pittston Area

Lot Info

  • Land Lease: No
  • Lot Dimensions: 88x165
  • Additional Parcels: No
  • Parcel #: 72D11SE2013007000
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4257.74
  • Tax Book Number: 3017/134416

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 34140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Cliff St Llc
Bought by
Schwartz Shimon
Current Estimated Value
$211,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,800
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 2, 2019
Closed on
Nov 4, 2019
Sold by
Gallagher Entertainment Llc
Bought by
Cliff St Llc
Seller's Agent
Jolen Brennan
ERA One Source Realty
Buyer's Agent
Donald Ide
Abstract Realty Group LLC
List Price
$159,000
Sold Price
$139,000
Premium/Discount to List
-$20,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$104,250
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2017
Sold by
Pisano Michael Edward and Keller Pisano Jennifer M
Bought by
Gallagher Entertainment Llc

Purchase Details

Closed on
Jul 21, 2014
Sold by
Pisano Michael A and Pisano Mary
Bought by
Pisano Michael Edward and Keller Pisano Jennifer M
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
Schwartz Shimon $171,000 --
Cliff St Llc $139,000 None Available
Gallagher Entertainment Llc $120,000 None Available
Pisano Michael Edward -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Shimon $179,800
Previous Owner Cliff St Llc $104,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $139,000 -12.6% $28 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $159,000 -- $32 / 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 $2,412 $81,100 $23,600 $57,500
2024 $2,412 $81,100 $23,600 $57,500
2023 $2,412 $81,100 $23,600 $57,500
2022 $2,397 $81,100 $23,600 $57,500
2021 $2,397 $81,100 $23,600 $57,500
2020 $2,352 $81,100 $23,600 $57,500
2019 $2,336 $81,100 $23,600 $57,500
2018 $2,296 $81,100 $23,600 $57,500
2017 $2,255 $81,100 $23,600 $57,500
2016 -- $81,100 $23,600 $57,500
2015 -- $81,100 $23,600 $57,500
2014 -- $81,100 $23,600 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB193165

Greater Scranton Board of REALTORS®

APN: 72-D11SE2-013-006-000