NOT LISTED FOR SALE

48 Ransberry Ave East Stroudsburg, PA 18301

Estimated Value: $169,000 - $274,000

6 Beds
2 Baths
2,564 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $62,600 $24 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,375/month

6 Days on Market

About This Home

As of November 2016

Duplex for sale. The two-unit investment has sustained fire damage to 40% of the building and will need repairs to the roof as well. Proforma shows strong cash flow once renovations have been completed. Previous rent was $1,800 per month per side. Each unit has 3 bedrooms, one bathroom and attic room previously approved by East Stroudsburg Borough. Parking in rear of building from alleyway as well as on-street parking in front. Property is serviced by public utilities. Property is located on Ransberry Avenue, off Analomink Street in East Stroudsburg Borough. It is within walking distance to East Stroudsburg University and Pocono Medical Center.

Last Agent to Sell the Property

Daniel Perich

KW Commercial - Stroudsburg License #RM425687 Listed on: 10/19/2016

KW Commercial - Stroudsburg

Last Buyer's Agent

Daniel Perich

KW Commercial - Stroudsburg License #RM425687 Listed on: 10/19/2016

KW Commercial - Stroudsburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1902

Lot Details

  • 4,792

Home Design

  • 2,564 Sq Ft Home
  • Duplex
  • Vinyl Construction Material

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05730116937955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,169

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Both Halves
  • County Assessment: 16830.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Square Footage: 2564

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Off Site
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Baseboard, Hot Water
  • Sewer: Public
  • Water: Public

Schools

  • School District: East Stroudsburg

Lot Info

  • Zoning Code: R-1

Tax Info

  • Assessor Parcel Number: 05730116937955

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Nov 10, 2016
Sold by
Perdomo Martin
Bought by
Tl Realty Corp
Seller's Agent
Daniel Perich
KW Commercial - Stroudsburg
Buyer's Agent
Daniel Perich
KW Commercial - Stroudsburg
List Price
$60,000
Sold Price
$62,600
Premium/Discount to List
$2,600
4.33%
Current Estimated Value
$234,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,057
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Mar 2, 2007
Sold by
Lasher Charles R and Lasher Wanda S
Bought by
Perdomo Martin
Source: Public Records

Range of Values:

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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
Tl Realty Corp $62,600 None Available
Perdomo Martin $275,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tl Realty Corp $110,000
Closed Tl Realty Corp $123,750
Previous Owner Perdomo Martin $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $62,600 +4.3% $24 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $60,000 -- $23 / Sq Ft
Source: Greater Lehigh Valley 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 $1,169 $87,530 $19,400 $68,130
2024 $905 $87,530 $19,400 $68,130
2023 $750 $87,530 $19,400 $68,130
2022 $3,426 $87,530 $19,400 $68,130
2021 $3,317 $87,530 $19,400 $68,130
2020 $3,365 $87,530 $19,400 $68,130
2019 $6,426 $28,470 $3,800 $24,670
2018 $6,426 $28,470 $3,800 $24,670
2017 $3,773 $16,830 $3,800 $13,030
2016 $763 $16,830 $3,800 $13,030
2015 $3,043 $16,830 $3,800 $13,030
2014 $3,043 $16,830 $3,800 $13,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 532052

Greater Lehigh Valley REALTORS®

APN: 05-2.1.3.44