NOT LISTED FOR SALE

409 Cherry St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $177,150 - $274,000

6 Beds
3 Baths
3,360 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $114,900 $34 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,506/month

219 Days on Market

Highlights

  • Deck
  • Living Room
  • Ceiling Fan
  • Porch
  • Dining Room
  • Heating System Uses Steam

About This Home

As of July 2019

Turn Key 2 unit investment property in South Scranton.Separate Heat & Electric.New Roof in 2009.Modern Kitchen with Granite Counters in 411.2 AO Smith 40 Gallon Gas Hot Water Heaters installed in 2014.New Utica Gas Steam Boilers installed in 2000 & 2013.2-100 Amp Electrical Services., Semi-Modern Kitchen: Y, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern,SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1848.00, SqFt Fin - 2nd: 1512.00

Last Agent to Sell the Property

Michael Snyder

NASSER REAL ESTATE, INC. License #RS322564 Listed on: 09/19/2018

Co-Listed By

Cat Ozovek

NASSER REAL ESTATE, INC. License #RS325331

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16707010047
  • $11,500 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $713
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From Down Town Scranton take Pittston Avenue to right on Cherry Street. Property on right hand side.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: GSB019
  • Co List Office Phone: (570) 342-4115
  • Above Grade Finished Sq Ft: 3360
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1423.36
  • EnhancedAcccessible: No
  • WaterExpense: 712.86
  • SewerExpense: 775.04
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Total Bedrooms: 6
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X90
  • Additional Parcels: No
  • Parcel #: 16707010047
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2974.5
  • Tax Book Number: 1309/0272
  • Tax Other Annual Assessment Amount: 11500

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Jul 12, 2019
Sold by
Brown Robert F and Brown Mary Ellen
Bought by
Pereyra Mirta Celeste
Seller's Agent
Michael Snyder
NASSER REAL ESTATE, INC.
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$113,900
Sold Price
$114,900
Premium/Discount to List
$1,000
0.88%
Current Estimated Value
$229,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,638
Avg. Annual Appreciation
11.22%
Original Mortgage
$112,818
Outstanding Balance
$99,984
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$129,554

Purchase Details

Closed on
Dec 1, 1989
Bought by
Brown Robert F and Mary Ellen
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

Date Buyer Sale Price Title Company
Pereyra Mirta Celeste $114,900 Keystone Abstract Svcs Inc
Brown Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereyra Mirta Celeste $112,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $114,900 +0.9% $34 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
09/19/2018 09/19/18 For Sale $113,900 -- $34 / 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 $3,674 $11,500 $1,700 $9,800
2024 $3,356 $11,500 $1,700 $9,800
2023 $3,356 $11,500 $1,700 $9,800
2022 $3,282 $11,500 $1,700 $9,800
2021 $3,282 $11,500 $1,700 $9,800
2020 $3,220 $11,500 $1,700 $9,800
2019 $3,029 $11,500 $1,700 $9,800
2018 $3,029 $11,500 $1,700 $9,800
2017 $2,975 $11,500 $1,700 $9,800
2016 $891 $11,500 $1,700 $9,800
2015 $1,899 $11,500 $1,700 $9,800
2014 -- $11,500 $1,700 $9,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Snyder

    NASSER REAL ESTATE, INC.

  • C

    Seller Co-Listing Agent in 2019

    Cat Ozovek

    NASSER REAL ESTATE, INC.

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB184516

Greater Scranton Board of REALTORS®

APN: 16707010047

Pennsylvania Lackawanna County Scranton 18505 South Side

409 Cherry St, Scranton, PA

Not Listed for Sale

MultiFamily

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Greater Scranton Board of REALTORS® 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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