NOT LISTED FOR SALE

401 Prospect Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $381,340

6 Beds
5 Baths
3,900 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2024

Last sale price $370,000 $95 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,458 / mo

46 Days on Market

About This Home

As of August 2024

This turnkey fully updated and ready for tenants is a total of 5-units in South Scranton with new paint, carpeting, all new appliances. Four 1 bedroom and 1 full baths. First floor unit is a 2 bedroom and 2 bath. All units pay their own electric. Landlord pays gas heat, water, sewer and garbage.

Last Agent to Sell the Property

Donald Ide

Abstract Realty Group LLC License #RM425779 Listed on: 06/29/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1920

Lot Details

  • 2,919 Sq Ft Lot
  • Lot Dimensions are 45 x 65

Parking

  • On-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas, water, trash collection, taxes, sewer, repairs
  • Assessor Parcel Number 15668010004
  • $9,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,116

Year Built

Built in 1920

Lot Details

2,919 Sq Ft Lot

Listing Details

  • Directions: Corner of River Street and Prospect Avenue
  • Lot Size Acres: 0.067
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoPoolFeatures: None
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3900
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1404.56
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Has Basement: Partial
  • Spa Features: None
  • Basement YN: Yes

Exterior Features

  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Connected, Natural Gas Available
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R1
  • Current Use: See Remarks
  • Lot Dimensions: 45 X 65
  • Parcel #: 15668010004

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Owner Pays: Gas, Water, Trash Collection, Taxes, Sewer, Repairs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3115.71
  • Tax Book Number: 1534/0157
  • Tax Other Annual Assessment Amount: 9500

Multi Family

  • Number Of Units Total: 5

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Aug 20, 2024
Sold by
Bought by
Seller's Agent
Donald Ide
Abstract Realty Group LLC
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$449,000
Sold Price
$370,000
Premium/Discount to List
-$79,000
-17.59%
Views
59
Current Estimated Value
$381,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,340
Avg. Annual Appreciation
1.58%

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 13, 2021
Sold by
Bought by
Seller's Agent
Marilee Barone
Christian Saunders Real Estate
Buyer's Agent
Donald Ide
Abstract Realty Group LLC
List Price
$279,000
Sold Price
$240,000
Premium/Discount to List
-$39,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Jan 11, 1996
Bought by
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

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
$370,000 Passport Title
$240,000 None Available
$90,000 --
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
Previous Owner $305,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $370,000 -17.6% $95 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $449,000 0.0% $115 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $449,000 -9.3% $115 / Sq Ft
06/29/2024 06/29/24 For Sale $494,900 +106.2% $127 / Sq Ft
09/14/2021 09/14/21 Sold $240,000 -14.0% $62 / Sq Ft View Prior Sale
07/27/2021 07/27/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $279,000 -- $72 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax 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.

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 $28,144 $175,910 $33,550 $142,360
2025 $3,408 $9,500 $3,300 $6,200
2024 $3,138 $9,500 $3,300 $6,200
2023 $3,138 $9,500 $3,300 $6,200
2022 $3,070 $9,500 $3,300 $6,200
2021 $3,070 $9,500 $3,300 $6,200
2020 $3,019 $9,500 $3,300 $6,200
2019 $2,847 $9,500 $3,300 $6,200
2018 $2,847 $9,500 $3,300 $6,200
2017 $2,802 $9,500 $3,300 $6,200
2016 $1,081 $9,500 $3,300 $6,200
2015 $2,166 $9,500 $3,300 $6,200
2014 -- $9,500 $3,300 $6,200
Source: Public Records

Agents Affiliated with this Home

  • Donald Ide

    Seller's Agent in 2024

    Donald Ide

    Abstract Realty Group LLC

    (570) 338-5027

    4 in this area

    127 Total Sales

    Donald Ide
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER

  • Marilee Barone

    Seller's Agent in 2021

    Marilee Barone

    Christian Saunders Real Estate

    (570) 430-0141

    3 in this area

    59 Total Sales

    Marilee Barone
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3427

Greater Scranton Board of REALTORS®

APN: 15668010004

Pennsylvania Lackawanna County Scranton 18505 South Side

401 Prospect Ave, Scranton, PA

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Greater Scranton Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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