M
Seller's Agent in 2021
Michael Dominick
Castle Key Real Estate
40 Fallbrook St Carbondale, PA 18407
Estimated Value: $100,000 - $436,898
--
Bed
--
Bath
7,200
Sq Ft
$38/Sq Ft
Est. Value
Highlights
- Deck
- Security Service
- Baseboard Heating
- Porch
- Forced Air Heating System
- Coin Laundry
About This Home
As of August 2021UPDATE - NEW ROOF BEING INSTALLED WEEK OF 4/26! FULL TEAR OFF AND REINSTALL BY CERTIFIED OWENS CORNING ROOFING COMPANY. SHINGLES COME WITH A LIFETIME WARRANTY (APPROX $30K). Turn key rental property. Fully rented with long term tenants that are fully up-to-date on rent. Low vacancy, 3.5% over last 3 years. Listed at 8% cap rate. Utilities are all separated. If utilities were transferred to tenants, operating expenses would be much lower, so cap rate would be significantly higher at same list price. All financial information is available upon request. Non disclosure would apply., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 3500.00, SqFt Fin - 2nd: 3500.00, Additional Info: Building was fully renovated inside and out. Entire building is spray foam insulated,so very easy to heat/cool. Very large basement and attic for storage. Separate room in basement for coin operated laundry. All units have separate utilities which are currently paid for by landlord and included in the operating expenses.
Last Agent to Sell the Property
Michael Dominick
Castle Key Real Estate License #RS351455 Listed on: 03/12/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,078
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 58x129x22x47x96
- Level Lot
Home Design
- Wood Roof
- Composition Roof
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
- Gas Dryer Hookup
Parking
- 7 Parking Spaces
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 04513010019
Community Details
Building Details
- Water Sewer Expense $1,952
- Gross Income $55,363
Additional Features
- 7 Units
- Coin Laundry
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2021
Closed on
Jul 26, 2021
Sold by
E Jo Enterprises Llc
Bought by
Carbondale 40 Limited Liability Company
Seller's Agent
Michael Dominick
Castle Key Real Estate
Buyer's Agent
Diane Stracham
ERA One Source Realty
List Price
$374,900
Sold Price
$350,000
Premium/Discount to List
-$24,900
-6.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,525
Avg. Annual Appreciation
-6.66%
Original Mortgage
$262,500
Outstanding Balance
$241,254
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$23,152
Purchase Details
Closed on
Aug 18, 2016
Sold by
Dominick Timothy C and Dominick Jodi M
Bought by
E Jo Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 31, 2007
Sold by
Dominick Timothy C and Dominick Jodi M
Bought by
Dominick Timothy C and Dominick Jodi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.8%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carbondale 40 Limited Liability Company | $350,000 | None Available | |
| E Jo Enterprises Llc | $200,000 | None Available | |
| Dominick Timothy C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carbondale 40 Limited Liability Company | $262,500 | |
| Previous Owner | E Jo Enterprises Llc | $200,000 | |
| Previous Owner | Dominick Timothy C | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $350,000 | -6.6% | $49 / Sq Ft |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $374,900 | -- | $52 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $4,644 | $18,000 | $1,710 | $16,290 |
| 2024 | $4,139 | $18,000 | $1,710 | $16,290 |
| 2023 | $4,139 | $18,000 | $1,710 | $16,290 |
| 2022 | $4,112 | $18,000 | $1,710 | $16,290 |
| 2021 | $4,078 | $18,000 | $1,710 | $16,290 |
| 2020 | $4,078 | $18,000 | $1,710 | $16,290 |
| 2019 | $3,846 | $18,000 | $1,710 | $16,290 |
| 2018 | $3,765 | $18,000 | $1,710 | $16,290 |
| 2017 | $3,683 | $18,000 | $1,710 | $16,290 |
| 2016 | $1,034 | $18,000 | $1,710 | $16,290 |
| 2015 | -- | $18,000 | $1,710 | $16,290 |
| 2014 | -- | $18,000 | $1,710 | $16,290 |
Source: Public Records
Agents Affiliated with this Home
-
-
Diane Stracham
Buyer's Agent in 2021
Diane Stracham
ERA One Source Realty
(570) 241-3982
4 in this area
108 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSB21768
APN: 04513010019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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