NOT LISTED FOR SALE

414 E Main St Wilkes Barre, PA 18705

Estimated Value: $229,000 - $299,972

-- Bed
-- Bath
3,200 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $200,000 $62 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,769/month

Highlights

  • Concrete Flooring
  • Community Deck or Porch
  • Hot Water Baseboard Heater

About This Home

As of July 2021

Nice turn-key 4 unit property! The property is in good shape, fully rented and has a great rental history. It is close to the casino, route 315 and the major interstates. This investment will make you money from the start and is ready for a new owner. Call today for a private tour!

Last Agent to Sell the Property

Robert Altmayer

RPA Real Estate License #RM424576 Listed on: 07/27/2021

Last Buyer's Agent

Randy Hockman

Rothstein Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Lot Details

  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 3,200 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

Building Details

  • Water Sewer Expense $784
  • Real Estate Tax Expense $2,521
  • Gross Income $27,240

Additional Features

  • 4 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Take Scott St from Wilkes-Barre, make a right on East Main St and the property is on the left
  • Est County Tax: 593.92
  • Estimated School Tax: 1773.27
  • EstTotalTax: 2520.71
  • Number of Ranges: 4
  • Number of Refrigerators: 4
  • Age: 76 - 100 Yrs
  • Expenses Annual Sewer Exp: 784.00
  • Expenses Annual Water Exp: 1380.00
  • Hot Water Heater: Electric
  • Listing Member Name: Robert Altmayer
  • Listing Office Short Id: 9011
  • Tax Municipality: Wilkes Barre City
  • Open House Office I D: 20201118165928645799000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 373
  • Selling Office Short Id: 9011
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 3200.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: Y
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: Y
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: N
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Full Unfinished
  • Limited Service: No

Exterior Features

  • Property Condition: Good
  • Exterior: Aluminum
  • Roof: Comp Shingle

Garage/Parking

  • Parking: Off-Street

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Gas
  • Heat Type: Hot Water Baseboard
  • Sewer: Public
  • Hot Water: Public

Association/Amenities

  • MFAmenities: Porch

Condo/Co-op/Association

  • Number of Units: 4

Schools

  • School District: Wilkes-Barre
  • School District: Wilkes-Barre

Lot Info

  • Lot Size: 5663 sq ft
  • Zoning: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jul 20, 2021
Sold by
Ascolillo Marco and Ascolillo Holdings Trust
Bought by
Pathak Mansi
Seller's Agent
Robert Altmayer
RPA Real Estate
Buyer's Agent
Randy Hockman
Rothstein Realtors
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Current Estimated Value
$274,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,743
Avg. Annual Appreciation
7.87%
Original Mortgage
$150,000
Outstanding Balance
$137,915
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$134,905
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pathak Mansi $200,000 Wetzel Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pathak Mansi $150,000
Previous Owner Bly Patrick T $94,600
Previous Owner Bly Patrick T $99,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $200,000 -16.6% $63 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $239,900 -- $75 / Sq Ft
Source: Luzerne County 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 $15,980 $96,200 $17,900 $78,300
2024 $15,980 $96,200 $17,900 $78,300
2023 $15,980 $96,200 $17,900 $78,300
2022 $15,963 $96,200 $17,900 $78,300
2021 $15,963 $96,200 $17,900 $78,300
2020 $15,963 $96,200 $17,900 $78,300
2019 $15,906 $96,200 $17,900 $78,300
2018 $15,849 $96,200 $17,900 $78,300
2017 $15,792 $96,200 $17,900 $78,300
2016 -- $96,200 $17,900 $78,300
2015 -- $96,200 $17,900 $78,300
2014 -- $96,200 $17,900 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-3793

APN: 73-G10SE2-008-005-000