NOT LISTED FOR SALE

421 Zinc Ln East Stroudsburg, PA 18302

Estimated Value: $527,000 - $1,395,895

3 Beds
4 Baths
18,500 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $935,000 $51 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,071/month

107 Days on Market

Highlights

  • 34.17 Acre Lot
  • Forced Air Heating System
  • Private Streets
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • 1-Story Property

About This Home

As of December 2020

13 units - in 7 buildings Gross Rents $144720
Tenants pay all utilities
Over 30 buildable acres - current structures sit on about 7 acres

Last Agent to Sell the Property

Mike Ionescu

Village Views Realty, LLC License #RM423782 Listed on: 06/23/2020

Last Buyer's Agent

Linnea Aurilia

Keller Williams Real Estate - Stroudsburg License #RS311869

Keller Williams Real Estate - Stroudsburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 34.17 Acre Lot
  • Property fronts a private road
  • Private Streets

Parking

  • 99 Parking Spaces

Home Design

  • Aluminum Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 18,500 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Separate Meters
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09.9.1.64

Community Details

Overview

  • 7 Buildings
  • 9 Units

Building Details

  • Electric Expense $3,200
  • Insurance Expense $4,500
  • Maintenance Expense $5,000
  • New Taxes Expense $29,000
  • Gross Income $142,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: from Rt 209 take Rt 402 North Right on Huffman Hill Rd Right on Copper
  • Prop. Type: Residential Income
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Year Built: 1927
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 34.17
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 917-771-6666
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 09.9.1.64
  • Location Tax and Legal School Tax Amount2: 22604.7
  • Location Tax and Legal Tax Annual Amount2: 26391.51
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 1
  • General Property Information Lot Size Acres: 34.17
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • General Property Information Basement YN: No
  • Security Features:Smoke Detector(s): Yes
  • Water Heater:Oil2: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Buildings2: 7.0
  • Income And Expenses New Taxes Expense: 29000.0
  • Cooling Separate Meters: Yes
  • Income And Expenses Maintenance Expense: 5000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Construction Type: Aluminum Siding, Stucco, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 99.0
  • General Property Information:Parking Total: 99.0

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Wall/Window Unit(s), Separate Meters, Varies by Unit
  • Heating: Baseboard, Forced Air, Electric, Oil
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Size Sq Ft: 1488445.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 09.9.1.64
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 26391.51
  • Tax Book Number: 2276/6646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Nov 30, 2020
Sold by
Huffman Properties Llc
Bought by
Rosskel Llc
Seller's Agent
Mike Ionescu
Village Views Realty, LLC
Buyer's Agent
Linnea Aurilia
Keller Williams Real Estate - Stroudsburg
List Price
$1,195,000
Sold Price
$935,000
Premium/Discount to List
-$260,000
-21.76%
Current Estimated Value
$855,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,026
Avg. Annual Appreciation
-1.83%
Original Mortgage
$701,250
Outstanding Balance
$626,854
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$229,120

Purchase Details

Closed on
Aug 4, 2006
Sold by
Huffman H Wayne and Reese Linda H
Bought by
Huffman Properties Llc
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
Rosskel Llc $935,000 Monroe Abstract Company
Huffman Properties Llc $925,000 Consumer Land Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosskel Llc $701,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $935,000 -21.8% $51 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $1,195,000 0.0% $65 / Sq Ft
02/18/2020 02/18/20 Rented $1,250 0.0% --
02/18/2020 02/18/20 Under Contract -- -- --
09/12/2019 09/12/19 For Rent $1,250 +13.6% --
10/27/2018 10/27/18 Rented $1,100 -4.3% --
10/14/2018 10/14/18 Under Contract -- -- --
10/10/2018 10/10/18 For Rent $1,150 +15.0% --
10/01/2016 10/01/16 Rented $1,000 0.0% --
09/30/2016 09/30/16 Rented $1,000 0.0% --
09/26/2016 09/26/16 Under Contract -- -- --
09/12/2016 09/12/16 For Rent $1,000 -4.8% --
08/15/2016 08/15/16 Under Contract -- -- --
05/02/2016 05/02/16 For Rent $1,050 0.0% --
04/20/2015 04/20/15 Rented $1,050 +5.0% --
04/19/2015 04/19/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $1,000 -- --
Source: Pocono Mountains 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 $6,117 $735,830 $291,510 $444,320
2024 $5,013 $735,830 $291,510 $444,320
2023 $26,443 $735,830 $291,510 $444,320
2022 $26,796 $735,830 $291,510 $444,320
2021 $26,392 $735,830 $291,510 $444,320
2020 $26,796 $735,830 $291,510 $444,320
2019 $29,605 $141,170 $46,530 $94,640
2018 $29,605 $141,170 $46,530 $94,640
2017 $29,605 $141,170 $46,530 $94,640
2016 $29,605 $141,170 $46,530 $94,640
2015 -- $141,170 $46,530 $94,640
2014 -- $141,170 $46,530 $94,640
Source: Public Records

Agents Affiliated with this Home

  • Mike Ionescu

    Seller's Agent in 2020

    Mike Ionescu

    Village Views Realty, LLC

    (212) 777-6400

    1 in this area

    21 Total Sales

    Mike Ionescu
    Section Image

  • L

    Buyer's Agent in 2020

    Linnea Aurilia

    Keller Williams Real Estate - Stroudsburg

    Section Image
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-78457

Pocono Mountains Association of REALTORS®

APN: 09.9.1.64

Pennsylvania Monroe County East Stroudsburg 18302

421 Zinc Ln, East Stroudsburg, PA

This home is located at 421 Zinc Ln, East Stroudsburg, PA 18302 since 23 June 2020 and is currently estimated at $855,974, approximately $46 per square foot. This property was built in 1927. 421 Zinc Ln is a home located in Monroe County with nearby schools including Resica Elementary School, J.T. Lambert Intermediate School, and East Stroudsburg Senior High School South.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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