$260,000
SOLD FEB 13, 2025

401 Delaware Ave Olyphant, PA 18447

6 Beds
3 Baths
2,350 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

13% Below List Price

172 Days on Market

Highlights

  • Corner Lot
  • 1 Car Garage
  • Carpet
  • Furnished

About This Home

As of February 2025

Why pay rent? Why pay a mortgage? Live pretty much for free in this Very well maintained property situated on a corner lot in the Mid Valley School district. This home has 3 units, pick one for yourself and have the other 2 help pay your mortgage. You can choose from a 1, 2 or 3 bedroom home. This property is just minutes away from the interstates, walking distance to downtown for shopping, parks for enjoyment and is located on the bus routes. Investors are always welcome!

Last Agent to Sell the Property

Bonnie Borgna-Kiehart

ERA One Source Realty License #RS293704 Listed on: 06/20/2024

ERA One Source Realty

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Basement
  • Apartment Living Space in Basement
  • Laundry in unit

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 11412020001
  • $4,252 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Directions: W Lackawanna Ave. to Delaware Ave. Property is on the corner of Church and Delaware.
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1850
  • Architectural Style: Duplex Up & Down, Other
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Multi Family
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • SchoolTaxAmount: 1475.20
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Free-Standing Range
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Has Basement: Apartment
  • Flooring: Carpet, Vinyl, Laminate
  • Basement YN: Yes
  • Below Grade Sq Ft: 500

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Off Street, On Street, Driveway, Garage

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Lot Dimensions: 60x80
  • Parcel #: 11412020001

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2294.92
  • Tax Book Number: 200720079
  • Tax Other Annual Assessment Amount: 4252

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: All Units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Feb 13, 2025
Sold by
Cheresko Patricia A and Yakacki Patricia A
Bought by
Jddj Romans Venture Llc
Seller's Agent
Bonnie Borgna-Kiehart
ERA One Source Realty
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$299,500
Sold Price
$260,000
Premium/Discount to List
-$39,500
-13.19%
Views
87
Current Estimated Value
$250,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,660
Avg. Annual Appreciation
-3.78%
Original Mortgage
$195,000
Outstanding Balance
$194,675
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$60,173

Purchase Details

Closed on
Apr 18, 1988
Bought by
Cheresko Patricia A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $260,000 None Listed On Document
Deed $63,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $260,000 -7.0% $111 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/26/2024 11/26/24 Price Changed $279,500 -3.5% $119 / Sq Ft
07/12/2024 07/12/24 Price Changed $289,500 -3.3% $123 / Sq Ft
06/22/2024 06/22/24 For Sale $299,500 -- $127 / 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 $2,655 $11,000 $1,000 $10,000
2024 $2,237 $11,000 $1,000 $10,000
2023 $2,237 $11,000 $1,000 $10,000
2022 $2,176 $11,000 $1,000 $10,000
2021 $2,176 $11,000 $1,000 $10,000
2020 $2,143 $11,000 $1,000 $10,000
2019 $2,033 $11,000 $1,000 $10,000
2018 $1,994 $11,000 $1,000 $10,000
2017 $1,994 $11,000 $1,000 $10,000
2016 $1,246 $11,000 $1,000 $10,000
2015 -- $11,000 $1,000 $10,000
2014 -- $11,000 $1,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3293

Greater Scranton Board of REALTORS®

APN: 11411020001