NOT LISTED FOR SALE

503 Prospect Ave Unit L1 Scranton, PA 18505

South Side Neighborhood

Estimated Value: $113,000 - $175,000

3 Beds
1 Bath
1,600 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $50,000 $31 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,152/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • 4-minute walk to Connors Park

About This Home

As of January 2016

TWO STORY FEATURES SPACIOUS OAK AND TILE KITCHEN WITH PANTRY UNIT, LIVING ROOM WITH ORIGINAL TIN CEILING, DECORATIVE WOOD COLONADES, 2015 ROOF,ENERGY UPDATES IN INSULATION, REPLACEMENT WINDOWS, COVERED PORCH AND PATIO, SHED, FENCED YARD AND NICE REAR YARD. WALK TO SCHOOLS, SHOPPING AND CENTER CITY., Baths: 1 Bath Lev 2,Semi-Modern, Beds: 2+ Bed 2nd, SqFt Fin - Main: 800.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, Semi-Modern Kitchen: Y, SqFt Fin - 2nd: 800.00

Last Agent to Sell the Property

Maureen Edwards

Lewith & Freeman RE, Inc. License #RS158499A Listed on: 10/05/2015

Last Buyer's Agent

Maureen Edwards

Lewith & Freeman RE, Inc. License #RS158499A Listed on: 10/05/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Landscaped
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Wood Roof
  • Composition Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Window Screens
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15616040075
  • $10,000 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: PITTSTON AVENUE TO HICKORY STREET, CORNER OF HICKORY AND PROSPECT. SIGN ON PROPERTY.
  • Unit Levels: Split Entry (Bi-Level), Two, One and One Half
  • Lot Size Acres: 0.16
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1910
  • Reso Property Sub Type: Single Family Residence
  • Horses: No
  • ResoLotFeatures: Corner Lot, Landscaped
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 1600
  • Architectural Style: Traditional
  • Reso Interior Features: Eat-in Kitchen
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoWindowFeatures: Insulated Windows, Screens
  • Financial Info Electric: Circuit Breakers
  • AtticFeatures: Crawl Opening
  • AuctionYN: No
  • SchoolTaxAmount: 1203.95
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Oven, Refrigerator, Gas Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Has Basement: Exterior Entry, Walk-Out Access, Partial, Interior Entry
  • Flooring: Carpet, Wood, Tile, Concrete
  • Private Spa: No
  • Basement YN: No
  • Door Features: Storm Door(s)

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Stone, Aluminum Siding
  • Patio And Porch Features: Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks

Schools

  • Junior High Dist: Scranton

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Dimensions: 50X140
  • Additional Parcels: No
  • Parcel #: 15616040075
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3117.19
  • Tax Book Number: 2010-22501
  • Tax Other Annual Assessment Amount: 10000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Jan 6, 2016
Sold by
Hopkins John and Hopkins Marie
Bought by
Patel Prakashchandra R and Patel Jyotikaben P
Seller's Agent
Maureen Edwards
Lewith & Freeman RE, Inc.
Buyer's Agent
Maureen Edwards
Lewith & Freeman RE, Inc.
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$156,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,050
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Nov 10, 2010
Sold by
Forrester Kathryn and Duffy Kathryn Ann
Bought by
Hopkins John and Hopkins Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
4.35%
Mortgage Type
New Conventional
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
Patel Prakashchandra R $50,000 None Available
Hopkins John $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkins John $46,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $50,000 -16.5% $31 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $59,900 0.0% $37 / Sq Ft
02/27/2015 02/27/15 Rented $10,200 +1100.0% --
02/25/2015 02/25/15 Under Contract -- -- --
10/18/2014 10/18/14 For Rent $850 -- --
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 $3,887 $10,000 $5,000 $5,000
2024 $3,597 $10,000 $5,000 $5,000
2023 $3,597 $10,000 $5,000 $5,000
2022 $3,520 $10,000 $5,000 $5,000
2021 $3,520 $10,000 $5,000 $5,000
2020 $3,466 $10,000 $5,000 $5,000
2019 $3,274 $10,000 $5,000 $5,000
2018 $3,274 $10,000 $5,000 $5,000
2017 $3,227 $10,000 $5,000 $5,000
2016 $1,415 $10,000 $5,000 $5,000
2015 $2,543 $10,000 $5,000 $5,000
2014 -- $10,000 $5,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB155043

Greater Scranton Board of REALTORS®

APN: 15616040075