NOT LISTED FOR SALE

399 N Courtland St East Stroudsburg, PA 18301

Estimated Value: $352,000 - $427,485

6 Beds
2 Baths
2,520 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $220,000 $87 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,297/month

8 Days on Market

About This Home

As of July 2018

Duplex for sale in East Stroudsburg. The two-unit is 50% occupied. Complete interior renovations in 2015. Property is serviced by public water, sewer, gas and central air conditioning. Located along N Courtland Street with convenience to schools, restaurants and retailers.

Last Agent to Sell the Property

George Vlamis

KW Commercial - Main St License #RS278068 Listed on: 05/24/2018

Co-Listed By

Daniel Perich

The Daniel Perich Group License #RM426050

Last Buyer's Agent

George Vlamis

KW Commercial - Main St License #RS278068 Listed on: 05/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-6.2.7.6

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,100
  • Maintenance Expense $1,560
  • Other Expense $1,560
  • Trash Expense $600
  • New Taxes Expense $7,037
  • Gross Income $31,200
  • Net Operating Income $18,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: Follow N Courtland Street past high school Property on left. 397/399
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1902
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: KWCO
  • Co List Office Phone: 570-213-4900
  • Co List Office Phone: 570-213-4900
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 05-6.2.7.6
  • Location Tax and Legal School Tax Amount2: 7037.64
  • Location Tax and Legal Tax Annual Amount2: 6990.87
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.17
  • Cooling:Central Air: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: No
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses New Taxes Expense: 7037.0
  • Income And Expenses Maintenance Expense: 1560.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric5: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: East Stroudsburg Area

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05-6.2.7.6
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6990.87
  • Tax Book Number: 2457/4116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 6, 2018
Sold by
Rubin Barth
Bought by
Agustin Arlyn
Seller's Agent
George Vlamis
KW Commercial - Main St
Buyer's Agent
George Vlamis
KW Commercial - Main St
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$390,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,871
Avg. Annual Appreciation
8.17%
Original Mortgage
$216,015
Outstanding Balance
$190,211
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$200,660

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 7, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rubin Barth
Seller's Agent
Carl Maurer
Better Homes and Gardens Real Estate Wilkins & Associates
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.74%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Sareen Lalit and Sareen Chitra
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 29, 2008
Sold by
Rosemond W Thomas
Bought by
Sareen Lalit and Sareen Chitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

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
Agustin Arlyn $220,000 Amrock
Rubin Barth $80,000 None Available
Federal Home Loan Mortgage Corporation $3,189 None Available
Sareen Lalit $252,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agustin Arlyn $216,015
Previous Owner Sareen Lalit $226,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2018 07/06/18 Sold $220,000 -3.9% $87 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $229,000 +186.3% $91 / Sq Ft
07/23/2015 07/23/15 Sold $80,000 -5.8% $32 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $84,900 -- $34 / Sq Ft
Source: Pocono Mountains 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 $2,959 $217,080 $63,000 $154,080
2024 $2,244 $217,080 $63,000 $154,080
2023 $8,544 $217,080 $63,000 $154,080
2022 $8,496 $217,080 $63,000 $154,080
2021 $8,227 $217,080 $63,000 $154,080
2020 $8,347 $217,080 $63,000 $154,080
2019 $7,038 $31,180 $6,470 $24,710
2018 $7,038 $31,180 $6,470 $24,710
2017 $6,991 $31,180 $6,470 $24,710
2016 $1,414 $31,180 $6,470 $24,710
2015 $5,489 $30,360 $6,470 $23,890
2014 $5,489 $30,360 $6,470 $23,890
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-57830

Pocono Mountains Association of REALTORS®

APN: 05-6.2.7.6