NOT LISTED FOR SALE

50 N Sherman St Wilkes Barre, PA 18702

Estimated Value: $147,000 - $206,000

-- Bed
-- Bath
5,000 Sq Ft
$36/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $325,000 $65 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $1,167/month

31 Days on Market

Highlights

  • Paneling
  • Concrete Flooring
  • Property is in very good condition
  • Hot Water Heating System

About This Home

As of December 2020

Big Ticket Money Maker!! It's SURVEYED! so you know what you are buying, stakes are on the property.Two adjacent lots, this hefty package for the savvy investor is a nice addition to a yearly salary.Live in back house gross 58,800 w/6 units/rent all (7 units,potential gross 71K, purchase for 335K) HUGE GARAGE, Garden for you and tenants. Make it your one stop investment. Don't be shy! Invest Now.

Last Agent to Sell the Property

Candace Balmaceda

Simplicity Realty License #SB065657 Listed on: 10/23/2020

Last Buyer's Agent

Candace Balmaceda

Simplicity Realty License #SB065657 Listed on: 10/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,470

Lot Details

  • Property is in very good condition

Parking

  • No Garage

Home Design

  • Fire Rated Drywall
  • Composition Shingle Roof
  • Plaster

Interior Spaces

  • 5,000 Sq Ft Home
  • Paneling
  • Concrete Flooring
  • Dirt Floor

Utilities

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

Community Details

Overview

  • 7 Units

Building Details

  • Real Estate Tax Expense $3,470
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,470

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Attribution Contact: 570-763-9916
  • Foreclosedbank Ownedreo: No
  • Directions: Head North on Coal St, make a right on Sherman St, properties on the right.
  • Est County Tax: 623.52
  • Estimated School Tax: 1842.00
  • EstTotalTax: 3469.88
  • Number of Ranges: 6
  • Number of Refrigerators: 6
  • Age: 76 - 100 Yrs
  • Hot Water Heater: Electric
  • Listing Member Name: Candace Balmaceda
  • Listing Office Short Id: 1896
  • Tax Municipality: Wilkes Barre City
  • Open House Office I D: 20170622161528856663000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 2828
  • Selling Office Short Id: 1896
  • InteriorFinish: Drywall, Plaster, Paneling
  • Building Style: Multiple Buildings
  • Estimated Total Sq Ft: 5000.00
  • Unit1InfoElectricInRent: Y
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: Y
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: N
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Unit6InfoElectricInRent: N
  • Unit6InfoHeatInRent: N
  • Unit6InfoHotWaterInRent: Y
  • Unit6InfoSewerInRent: Y
  • Unit6InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Dirt Floor

Exterior Features

  • Property Condition: Very Good
  • Exterior: Other - See Remarks
  • Roof: Comp Shingle

Garage/Parking

  • Spaces: 0
  • Garage Type: None
  • Parking: On-Street

Utilities

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

Condo/Co-op/Association

  • Association Fees Include: 6 Stoves, 6 Refrigerators
  • Number of Units: 7

Schools

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

Lot Info

  • Lot Size: 40 x 95 & 40x95
  • Zoning: Apartment Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Abreu Albeny and Ulloa Abreu Willie
Bought by
Ulloa Abreu Llc
Current Estimated Value
$180,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$194,231
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$13,295

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 30, 2020
Sold by
Featherstone Enterprise Llc
Bought by
Abreu Albeny and Ulloa Abreu Willie
Seller's Agent
Candace Balmaceda
Simplicity Realty
Buyer's Agent
Candace Balmaceda
Simplicity Realty
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.72%
Original Mortgage
$198,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2019
Sold by
Group One Properties Llc
Bought by
Featherstone Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2014
Sold by
Equity Trust Company
Bought by
52 North Sherman Realty 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
Ulloa Abreu Llc -- Candy C & C Abstractor Svcs
Abreu Albeny $325,000 Candy C & C Abstractor Ser
Featherstone Enterprise Llc $115,000 Candy C & C Abstract Svcs In
52 North Sherman Realty Llc $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulloa Abreu Llc $215,000
Previous Owner Abreu Albeny $198,800
Previous Owner Featherstone Enterprise Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $325,000 +8.7% $65 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $299,000 -- $60 / 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 $14,618 $88,000 $25,800 $62,200
2024 $14,618 $88,000 $25,800 $62,200
2023 $14,618 $88,000 $25,800 $62,200
2022 $14,602 $88,000 $25,800 $62,200
2021 $14,602 $88,000 $25,800 $62,200
2020 $14,602 $88,000 $25,800 $62,200
2019 $14,550 $88,000 $25,800 $62,200
2018 $14,498 $88,000 $25,800 $62,200
2017 $14,446 $88,000 $25,800 $62,200
2016 -- $88,000 $25,800 $62,200
2015 -- $110,000 $25,800 $84,200
2014 -- $110,000 $25,800 $84,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Candace Balmaceda

    Simplicity Realty

    (570) 855-6480

    37 in this area

    70 Total Sales

    Candace Balmaceda
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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 20-4781

APN: 73-H10SW4-005-042-000

Pennsylvania Luzerne County Wilkes-Barre

50 N Sherman St, Wilkes-Barre, PA

This home is located at 50 N Sherman St, Wilkes Barre, PA 18702 since 23 October 2020 and is currently estimated at $180,936, approximately $36 per square foot. 50 N Sherman St is a home located in Luzerne County with nearby schools including Heights Murray Elementary School, Solomon/Plains Junior High School, and St Nicholas-St Mary's School.

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