NOT LISTED FOR SALE

500 4th Ave Jessup, PA 18434

Jessup Neighborhood

Estimated Value: $298,299 - $345,000

8 Beds
4 Baths
4,000 Sq Ft
$78/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $300,000 $75 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,903/month

3 Days on Market

About This Home

As of May 2024

Attention investors! Rare oppportunity to purchase a 4 unit residential income property in Jessup, PA. Units include a 2-story unit wirh 3 bedrooms, two 2 bedroom units and one 1 bedroom unit. All utilities are separate with the exception of water. Property also includes a large detatched building that could be used as a workshop or converted into a garage or additional rental units. This property is being sold AS IS. Schedule your showing today before it's too late!

Last Listed By

The Janine Christian Group

Cobblestone Real Estate LLC License #RS286021 Listed on: 03/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x100

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Lease

Listing and Financial Details

  • Assessor Parcel Number 11506010016
  • $8,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From Chruch Street, turn onto 4th Street. Follow 4th Street for 2 blocks. Property is on the right.
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1960
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4000
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1038.32
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Basement YN: No

Exterior Features

  • Construction Type: Aluminum Siding, Brick

Utilities

  • Heating: Electric, Natural Gas, Hot Water
  • Utilities: Cable Available, Water Connected, Sewer Connected, Phone Available, Natural Gas Connected, Electricity Connected
  • Water Source: Public

Schools

  • Junior High Dist: Valley View

Lot Info

  • Zoning: R2
  • Current Use: Residential
  • Lot Dimensions: 60X100
  • Parcel #: 11506010016

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1723.28
  • Tax Book Number: 1392/0546
  • Tax Other Annual Assessment Amount: 8000

Multi Family

  • Number Of Units Total: 4
  • Existing Lease Type: Gross
  • Income Includes: ["Rent Only"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 1, 2024
Sold by
Dolinak Patrick
Bought by
Mcgovern Daniel
Seller's Agent
The Janine Christian Group
Cobblestone Real Estate LLC
Buyer's Agent
Kate Daye
Revolve Real Estate
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Total Days on Market
3
Views
36
Current Estimated Value
$313,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,325
Avg. Annual Appreciation
4.40%
Original Mortgage
$270,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1992
Bought by
Dolinak Patrick

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
Mcgovern Daniel $300,000 None Listed On Document
Dolinak Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgovern Daniel Lawrence $379,800
Closed Mcgovern Daniel $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $300,000 +9.1% $75 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $275,000 -- $69 / Sq Ft
Source: Greater Scranton Board 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 $1,988 $8,000 $2,000 $6,000
2024 $1,723 $8,000 $2,000 $6,000
2023 $1,723 $8,000 $2,000 $6,000
2022 $1,692 $8,000 $2,000 $6,000
2021 $1,680 $8,000 $2,000 $6,000
2020 $1,680 $8,000 $2,000 $6,000
2019 $1,559 $8,000 $2,000 $6,000
2018 $1,531 $8,000 $2,000 $6,000
2017 $1,523 $8,000 $2,000 $6,000
2016 $459 $8,000 $0 $0
2015 -- $8,000 $0 $0
2014 -- $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Janine Christian Group

    Cobblestone Real Estate LLC

  • Kate Daye

    Buyer's Agent in 2024

    Kate Daye

    Revolve Real Estate

    (302) 242-8781

    2 in this area

    63 Total Sales

    Kate Daye
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Map

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Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1489

Greater Scranton Board of REALTORS®

APN: 11506010016

Pennsylvania Lackawanna County Jessup 18434 Jessup

500 4th Ave, Jessup, PA

Homes for Sale in Jessup, PA

This home is located at 500 4th Ave, Jessup, PA 18434 since 13 March 2024 and is currently estimated at $313,325, approximately $78 per square foot. This property was built in 1960. 500 4th Ave is a home located in Lackawanna County with nearby schools including Valley View Intermediate School, Valley View Middle School, and Valley View High School.

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.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.