NOT LISTED FOR SALE

371 Park Ave Wilkes Barre, PA 18702

Estimated Value: $148,000 - $235,000

4 Beds
2 Baths
1,740 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $135,000 $78 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,127/month

17 Days on Market

Highlights

  • Corner Lot
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating

About This Home

As of March 2024

Duplex on a corner lot. Top unit vacant, 1st fl is rented. 2nd fl was recently remodeled and is rent ready. Great for an owner occupied buyer, or an investor who wants passive income. Separate electric (heat is electric). 2 bedrooms each, and all appliances belong to the owner. Close to Huber Park, Dodson Elementary School, and Skateaway.

Last Agent to Sell the Property

Que Tran

LUXE Homes Real Estate LLC License #RM425260 Listed on: 01/07/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 35 x 73 x 46 x 98
  • Corner Lot

Parking

  • On-Street Parking

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 73I9NE2 032029000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,956

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Directions: From Hazel St to Left on Moyallen. Building on the left on the corner of Park Ave and Moyallen.
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Corner Lot
  • Above Grade Finished Sq Ft: 1740
  • Garage Yn: No
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • AuctionYN: No
  • SchoolTaxAmount: 1052.54
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Has Basement: Full
  • Flooring: Carpet, Luxury Vinyl
  • Basement YN: Yes

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Wilkes-Barre Area

Lot Info

  • Zoning: R1
  • Lot Dimensions: 35 x 73 x 46 x 98
  • Parcel #: 73I9NE2 032029000

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1956.01
  • Tax Book Number: 3005/230210

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Mar 14, 2024
Sold by
Eagle Capital Co
Bought by
Sl12 Real Estate Llc
Seller's Agent
Que Tran
LUXE Homes Real Estate LLC
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$152,500
Sold Price
$135,000
Premium/Discount to List
-$17,500
-11.48%
Views
61
Current Estimated Value
$179,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,462
Avg. Annual Appreciation
18.35%
Original Mortgage
$108,000
Outstanding Balance
$106,204
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$73,258

Purchase Details

Closed on
Nov 27, 2023
Sold by
Gallagher Leasing Llc
Bought by
Eagle Capital Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2020
Sold by
Frazier David and Frazier Jeanette
Bought by
Gallagher Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2005
Sold by
Thomas Joseph H and Thomas Linda
Bought by
Frazier David and Frazier Jeanette
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
Sl12 Real Estate Llc $135,000 None Listed On Document
Eagle Capital Co $86,500 Faxon Settlement Services
Gallagher Leasing Llc $75,000 Tiger Abstract
Frazier David $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sl12 Real Estate Llc $108,000
Previous Owner Eagle Capital Co $115,000
Previous Owner Gallagher Leasing Llc $60,000
Previous Owner Gallagher Leasing Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $135,000 -6.6% $78 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/22/2024 01/22/24 Price Changed $144,500 -5.2% $83 / Sq Ft
01/19/2024 01/19/24 For Sale $152,500 0.0% $88 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $152,500 -- $88 / 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 $9,485 $57,100 $16,400 $40,700
2024 $9,485 $57,100 $16,400 $40,700
2023 $9,485 $57,100 $16,400 $40,700
2022 $9,475 $57,100 $16,400 $40,700
2021 $9,475 $57,100 $16,400 $40,700
2020 $9,475 $57,100 $16,400 $40,700
2019 $9,441 $57,100 $16,400 $40,700
2018 $9,407 $57,100 $16,400 $40,700
2017 $9,373 $57,100 $16,400 $40,700
2016 -- $57,100 $16,400 $40,700
2015 -- $57,100 $16,400 $40,700
2014 -- $57,100 $16,400 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC567

Greater Scranton Board of REALTORS®

APN: 73-I9NE2-032-029-000