NOT LISTED FOR SALE

403 Avenue K Units 1&2 Matamoras, PA 18336

Estimated Value: $310,000 - $337,198

3 Beds
2 Baths
1,672 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $185,000 $111 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,081/month

131 Days on Market

Highlights

  • Ceiling Fan
  • Delaware Valley High School Rated 10
  • Hot Water Heating System

About This Home

As of December 2020

Two Family Home located in Matamoras offers many opportunities: Rent both units, use one for yourself and rent the other, or use both units for your extended family! Home features 2 separate apartments: a 1 bedroom apartment on the first floor w/ dining room, living room, and 1 bathroom. Upstairs there are 2 bedrooms with kitchen and 1 bathroom. There is also an attached garage. Each apartment has their own meters for electric and gas. Each unit has it's own laundry area. The location is ideal, close to NY and NJ for an easy commute via train, car, or bus. Enjoy the low taxes of PA! The large, oversized lot also has a potential for subdivision. The current tenants have been there a while for reliable income. This is a wise investment into the growing market of Northeast Pennsylvania!

Last Agent to Sell the Property

Jessica Morigl

Wallenpaupack Realty License #RSR002363 Listed on: 07/01/2020

Last Buyer's Agent

Robert DiLorenzo

Century 21 Geba Realty License #RS349700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,416

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 101x100

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cesspool

Community Details

  • 2 Units
  • Gross Income $19,200

Listing and Financial Details

  • Assessor Parcel Number 083.10-03-45 007567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,416

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: I-84 to Exit 53, to Route 209 N, Turn left onto 5th St, Turn right onto Avenue K. House #403 on Left.
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Body Name: None
  • GasRightsReserved: None
  • SchoolTaxAmount: 2773.39
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • RoadFrontageLength: 101.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Natural Gas
  • Sewer: Cesspool
  • Water Source: Public

Lot Info

  • Lot Dimensions: 101X100
  • Parcel #: 083.10-03-45 007567
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200

Tax Info

  • Tax Annual Amount: 4416.22
  • Tax Book Number: 2118/1412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Nov 19, 2020
Sold by
Tremato Charles and Williams Angela F
Bought by
Cheng Kan Sheung and Cheng Di Fang
Seller's Agent
Jessica Morigl
Wallenpaupack Realty
Buyer's Agent
Robert DiLorenzo
Century 21 Geba Realty
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%
Current Estimated Value
$323,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,599
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Hall Francis L and Hall Sally Ann
Bought by
Termato Charles and Williams Angela F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cheng Kan Sheung $185,000 Roaring Brook Abstract Co In
Termato Charles $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Termato Charles $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $185,000 -25.7% $111 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $249,000 -- $149 / Sq Ft
Source: Pike/Wayne 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 $4,605 $24,360 $7,500 $16,860
2024 $4,605 $24,360 $7,500 $16,860
2023 $4,550 $24,360 $7,500 $16,860
2022 $4,453 $24,360 $7,500 $16,860
2021 $4,416 $24,360 $7,500 $16,860
2020 $4,416 $24,360 $7,500 $16,860
2019 $4,340 $24,360 $7,500 $16,860
2018 $4,340 $24,360 $7,500 $16,860
2017 $4,273 $24,360 $7,500 $16,860
2016 $0 $24,360 $7,500 $16,860
2015 -- $24,360 $7,500 $16,860
2014 -- $24,360 $7,500 $16,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB202300

Pike/Wayne Association of REALTORS®

APN: 007567