NOT LISTED FOR SALE

475 S Franklin St Wilkes-Barre, PA 18702

Estimated Value: $156,154

-- Bed
-- Bath
4,379 Sq Ft
$36/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $112,000 $26 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,007/month

4 Days on Market

Highlights

  • Hot Water Heating System
  • Heating System Uses Steam
  • Concrete Flooring

About This Home

As of January 2021

This 5 unit fixer upper is in need of extensive renovation. Utilities have not been on in over a year. This property includes - 1 three bedroom unit, 2 two bedroom units , 2 one bedroom units & off-street parking. Call today with questions or to set up a private tour!

Last Agent to Sell the Property

Robert Altmayer

RPA Real Estate License #RM424576 Listed on: 12/10/2020

Co-Listed By

Mike Ascolillo

RPA Real Estate License #RS344945

Last Buyer's Agent

David Sudimak

ERA One Source Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 55x150

Home Design

  • Triplex
  • Fixer Upper
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Stucco Exterior
  • Plaster

Interior Spaces

  • 4,379 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 5 Units
  • Real Estate Tax Expense $4,950

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: From S Main St, Left onto Sullivan St, Left onto S Franklin St & the property is on the Right.
  • Est County Tax: 1027.86
  • Estimated School Tax: 3070.97
  • EstTotalTax: 4916.99
  • Age: 76 - 100 Yrs
  • Hot Water Heater: Electric, Gas
  • 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: 219
  • Selling Office Short Id: 1832
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 4379.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: Y
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: Y
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: N
  • Unit5InfoHotWaterInRent: N
  • Unit5InfoSewerInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Property Condition: Fixer Upper
  • Exterior: Stucco
  • Roof: Comp Shingle

Utilities

  • Hvac Type: Window Units
  • Heat Fuel Type: Electric, Gas
  • Heat Type: Electric Baseboard, Steam
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Number of Units: 5

Schools

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

Lot Info

  • Lot Size: 55x150
  • Zoning: Apartment Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 29, 2021
Sold by
Dcnp Realty Llc
Bought by
Jones Nicole E
Seller's Agent
Robert Altmayer
RPA Real Estate
Buyer's Agent
David Sudimak
ERA One Source Realty
List Price
$104,500
Sold Price
$112,000
Premium/Discount to List
$7,500
7.18%
Current Estimated Value
$156,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,154
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Shadie George R and Eaton Shadie Brenda L
Bought by
Dcnp Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.37%
Mortgage Type
Commercial
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
Jones Nicole E $112,000 None Available
Dcnp Realty Llc $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dcnp Realty Llc $224,250
Previous Owner Dcnp Reality Llc $25,000
Previous Owner Dcnp Realty Llc $236,000
Previous Owner Dcnp Realty Llc $172,000
Previous Owner Dcnp Realty Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $112,000 +7.2% $26 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $104,500 -- $24 / 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 $27,675 $166,600 $27,800 $138,800
2024 $27,675 $166,600 $27,800 $138,800
2023 $27,675 $166,600 $27,800 $138,800
2022 $27,644 $166,600 $27,800 $138,800
2021 $27,644 $166,600 $27,800 $138,800
2020 $27,644 $166,600 $27,800 $138,800
2019 $27,546 $166,600 $27,800 $138,800
2018 $27,447 $166,600 $27,800 $138,800
2017 $27,349 $166,600 $27,800 $138,800
2016 -- $166,600 $27,800 $138,800
2015 $1,149 $166,600 $27,800 $138,800
2014 $1,149 $166,600 $27,800 $138,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 20-5514

APN: 73-H9SE4-032-025-000