NOT LISTED FOR SALE

401 Main St Childs, PA 18407

Estimated Value: $191,000 - $268,349

6 Beds
3.5 Baths
3,400 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2024

Last sale price $265,000 $78 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,544 / mo

33 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • 4 Car Garage
  • Corner Lot
  • Baseboard Heating
  • Private Entrance

About This Home

As of August 2024

Calling All Investors!!!!!This 3 Unit huge, extra-ordinary Multifamily is an investor's dream come true with this property providing an investor with gross Income expected each month!! Accessible location and within walking distance to shopping and dining. Minutes from stores, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Sheets is located 2 minutes from this property. This ready to go Multifamily property boasts 3 totally remolded and freshly painted beautiful apartments with hardwood and laminate floors throughout. You will have the advantage of living in one of the units and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the side of the building was a beauty shop and was converted into a newly and modernly-renovated apartment. Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! . Have the space for yourself and/or tenant! Features a very large over-sized 4 car garage with excessive overhead storage space.

Last Agent to Sell the Property

Nawanna Graham

ERA One Source Realty License #RS363919 Listed on: 05/04/2024

Last Buyer's Agent

Jennifer Kosar

ERA One Source Realty License #RS363429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x132x50x125
  • No Common Walls
  • Private Entrance
  • Corner Lot
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Pad
  • On-Street Parking

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Storm Doors
  • Electric Range
  • Unfinished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Bathroom
  • Laundry in Kitchen

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 202403703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,828

Year Built

Built in 1952 | Remodeled

Lot Details

6,098 Sq Ft Lot

Parking

4

Listing Details

  • Directions: Us-6 E to Cottage St/Main St House on the left.
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1952
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: In Bathroom, In Unit, In Kitchen
  • ResoLotFeatures: Corner Lot
  • Above Grade Finished Sq Ft: 3400
  • Architectural Style: Multiple Buildings
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1141.98
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Has Basement: Unfinished
  • Flooring: Hardwood, Tile, Laminate
  • Basement YN: Yes
  • Door Features: Storm Door(s)
  • Fireplace Features: None

Exterior Features

  • Waterfront: No
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Exterior Features: Private Entrance, Private Yard
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Parking Pad, On Street

Utilities

  • Cooling: None
  • Heating: Baseboard

Schools

  • Junior High Dist: Carbondale Area

Lot Info

  • Zoning: R1
  • Lot Dimensions: 50X132X50X125
  • Parcel #: 202403703

Rental Info

  • Owner Pays: Insurance, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1827.67
  • Tax Book Number: 201604308

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 19, 2024
Sold by
First Triangle Llc
Bought by
Olvera Selene Concepcion A
Seller's Agent
Nawanna Graham
ERA One Source Realty
Buyer's Agent
Jennifer Kosar
ERA One Source Realty
List Price
$475,000
Sold Price
$265,000
Premium/Discount to List
-$210,000
-44.21%
Views
29
Current Estimated Value
$240,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,217
Avg. Annual Appreciation
-5.27%
Original Mortgage
$185,500
Outstanding Balance
$182,319
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$58,464

Purchase Details

Closed on
Mar 15, 2024
Sold by
Lackawanna County Sheriff
Bought by
First Triangle

Purchase Details

Closed on
Mar 23, 2016
Sold by
Munroe Donald G
Bought by
Munroe Donald G and Munroe Kadia N

Purchase Details

Closed on
Feb 12, 2008
Sold by
Morris Patrick B
Bought by
Munroe Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Olvera Selene Concepcion A $265,000 None Listed On Document
First Triangle $76,200 None Listed On Document
Munroe Donald G -- None Available
Munroe Donald G $125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Olvera Selene Concepcion A $185,500
Previous Owner Munroe Donald G $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $265,000 -18.5% $78 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $325,000 -16.7% $96 / Sq Ft
05/09/2024 05/09/24 Price Changed $390,000 -17.9% $115 / Sq Ft
05/04/2024 05/04/24 For Sale $475,000 0.0% $140 / Sq Ft
11/22/2013 11/22/13 Rented $6,600 +1100.0% --
11/21/2013 11/21/13 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $550 -- --
Source: Greater Scranton Board of REALTORS®

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
2026 $36,364 $238,310 $27,970 $210,340
2025 $2,136 $8,800 $1,000 $7,800
2024 $1,770 $8,800 $1,000 $7,800
2023 $1,770 $8,800 $1,000 $7,800
2022 $1,725 $8,800 $1,000 $7,800
2021 $1,725 $8,800 $1,000 $7,800
2020 $1,725 $8,800 $1,000 $7,800
2019 $1,637 $8,800 $1,000 $7,800
2018 $1,620 $8,800 $1,000 $7,800
2017 $1,620 $8,800 $1,000 $7,800
2016 $991 $8,800 $1,000 $7,800
2015 -- $8,800 $1,000 $7,800
2014 -- $8,800 $1,000 $7,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC2345

Greater Scranton Board of REALTORS®

APN: 06406010013

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