NOT LISTED FOR SALE

48 Broad St Pittston, PA 18640

Estimated Value: $138,000 - $197,000

Studio
-- Bath
5,400 Sq Ft
$31/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $115,000 $21 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $962/month

3 Days on Market

About This Home

As of September 2022

Sprawling investment property at a great price in the heart of Pittston. Off street parking and framework for 4 units. Property being sold as is., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2700.00, SqFt Fin - 2nd: 2700.00, Additional Info: Property being sold AS IS.

Last Agent to Sell the Property

Patrick Mascia

Keller Williams Real Estate-Clarks Summit License #AB067756 Listed on: 07/18/2022

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Jolen Brennan

Iron Valley Real Estate Greater Scranton License #RM424788

Iron Valley Real Estate Greater Scranton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 72E11NE3033012000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,604

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Williams St, Pittston turn right onto Church St, left onto Broad. Property on left.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 5400
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1435.18
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • ForeclosureDeedRecorded: Yes
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Pittston Area

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50x150
  • Additional Parcels: No
  • Parcel #: 72E11NE3033012000
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2604.34
  • Tax Book Number: 03019/143075

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 12, 2022
Sold by
Us Bank National Association
Bought by
Meridian Realty Holdings Llc
Seller's Agent
Patrick Mascia
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Jolen Brennan
Iron Valley Real Estate Greater Scranton
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$173,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,330
Avg. Annual Appreciation
11.44%
Original Mortgage
$170,100
Interest Rate
4.99%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2022
Sold by
Szumski Brian M
Bought by
Hof I Reo 5 Llc

Purchase Details

Closed on
Aug 12, 2019
Sold by
Mgls Realty Llc
Bought by
Soto Realty Trusts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,825
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2018
Sold by
Mertz Sheldon J
Bought by
Mgls Realty Llc

Purchase Details

Closed on
Oct 19, 2000
Sold by
Mertz Carolyn
Bought by
Mertz Sheldon J

Purchase Details

Closed on
Jan 1, 1960
Bought by
Mertz Sheldon J
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
Meridian Realty Holdings Llc $115,000 --
Hof I Reo 5 Llc -- None Listed On Document
Soto Realty Trusts Llc $36,000 None Available
Mgls Realty Llc $5,000 Fox Ridge Abstract
Mertz Sheldon J -- None Available
Mertz Sheldon J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meridian Realty Holdings Llc $170,100
Previous Owner Soto Realty Trusts Llc $130,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $115,000 0.0% $21 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $115,000 -- $21 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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 $744 $25,000 $15,000 $10,000
2024 $744 $25,000 $15,000 $10,000
2023 $744 $25,000 $15,000 $10,000
2022 $739 $25,000 $15,000 $10,000
2021 $739 $25,000 $15,000 $10,000
2020 $725 $25,000 $15,000 $10,000
2019 $720 $25,000 $15,000 $10,000
2018 $1,475 $52,100 $17,200 $34,900
2017 $1,449 $52,100 $17,200 $34,900
2016 -- $52,100 $17,200 $34,900
2015 -- $52,100 $17,200 $34,900
2014 -- $52,100 $17,200 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB223199

Greater Scranton Board of REALTORS®

APN: 72-E11NE3-033-013-000

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