NOT LISTED FOR SALE

503 Reservoir St Simpson, PA 18407

Estimated Value: $159,000 - $253,000

4 Beds
2 Baths
2,520 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $206,000 $82 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,299/month

84 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Ceiling Fan
  • Workshop
  • Walk-In Closet
  • Heating System Uses Steam

About This Home

As of November 2023

Come see this completely remodeled 4 bed 2 bath corner lot home in the heart of Simpson. Large rooms, open concept first floor, and a office are just some of the great features this house has to offer. Enjoy a large master with bathroom and closet. Park your toys or tools in the detached garage/workshop and call today to schedule a private tour!

Last Listed By

Nicholas Weckstein

RPA Real Estate License #RS360158 Listed on: 07/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 128x100x136x100
  • Corner Lot
  • Cleared Lot
  • Property is in very good condition

Home Design

  • Fire Rated Drywall
  • Composition Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Detached Garage
  • No Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Community Deck or Porch
  • Office
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

1940

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • AprxTotalSF: 2520.00
  • Foreclosedbank Ownedreo: No
  • County Assessment: 1000.00
  • Directions: ake Business Route 6 to Canaan St, left on Morse Ave which turns into Township Rd (aka Reservoir St). Home is on the corner of Delaware Street and Township Rd (aka Reservoir St).
  • Est County Tax: 639.20
  • Estimated School Tax: 1340.00
  • EstTotalTax: 2100.20
  • Hot Water Heater: Gas
  • DevelopSubdivision: None
  • Listing Member Name: Nicholas Weckstein
  • Listing Office Short Id: 9011
  • Tax Municipality: Fell Township
  • Open House Office I D: 20201118165928645799000000
  • Prop. Type: Residential
  • Selling Member Short Id: techcomm
  • Selling Office Short Id: 9999
  • InteriorFinish: Drywall
  • Building Style: 2 Story
  • KitchenDiningArea: Modern Kitchen
  • Estimated Lot Dimensions: 128X100X136X100
  • Tot S F Fin A G: 2520.00
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Amenities: Ceiling Fans, First Floor Laundry, Workshop, Storage Building, Porch, Pantry, Office, Mstr BR Walk-in-Clst, Master Bath
  • Has Basement: Full Unfinished
  • Limited Service: No
  • Total Three Quarter Bathrooms: 1
  • Total Bathrooms: 2.00

Exterior Features

  • Property Condition: Very Good
  • Exterior: Asbestos
  • Purchase Includes Land: everything
  • Roof: Comp Shingle

Garage/Parking

  • Spaces: 2
  • Garage Type: Detached
  • Driveway: None

Utilities

  • Hvac Type: Window Unit AC
  • Heat Fuel Type: Gas
  • Heat Type: Steam
  • Sewer: Public
  • Hot Water: Public

Schools

  • School District: Carbondale
  • School District: Carbondale

Lot Info

  • Zoning: Residential
  • Lot Description: Corner, Cleared

Multi Family

  • Total Full Baths: 1
  • Total Bedrooms: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Nov 8, 2023
Sold by
Adkaf Properties Llc
Bought by
Decker Evan D
Seller's Agent
Nicholas Weckstein
RPA Real Estate
Buyer's Agent
non member Wilkes- Barre MLS
NON Member Wilkes-Barre MLS
List Price
$225,000
Sold Price
$206,000
Premium/Discount to List
-$19,000
-8.44%
Total Days on Market
84
Views
121
Current Estimated Value
$198,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,318
Avg. Annual Appreciation
-2.37%
Original Mortgage
$185,400
Outstanding Balance
$182,848
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$15,834

Purchase Details

Closed on
Sep 15, 2022
Sold by
Arlen Kingston John
Bought by
Adkaf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.13%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 14, 2020
Sold by
Gallick Stephen W
Bought by
Kingston John Arlen
Seller's Agent
John Crotti
RE/MAX Home Team
Buyer's Agent
Jayne Vaughan
ERA One Source Realty, Peckville
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.71%
Original Mortgage
$72,784
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2007
Sold by
Gallick Mary A
Bought by
Gallick Stephen W

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
Decker Evan D $206,000 None Listed On Document
Adkaf Properties Llc $80,000 --
Kingston John Arlen $70,000 None Available
Gallick Stephen W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker Evan D $185,400
Previous Owner Adkaf Properties Llc $129,000
Previous Owner Kingston John Arlen $72,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $206,000 -1.9% $82 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $210,000 -4.5% $83 / Sq Ft
08/18/2023 08/18/23 Price Changed $220,000 -2.2% $87 / Sq Ft
08/06/2023 08/06/23 For Sale $225,000 0.0% $89 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $225,000 +221.4% $89 / Sq Ft
10/15/2020 10/15/20 Sold $70,000 -17.6% $42 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $84,900 -- $51 / 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 $2,361 $10,000 $1,900 $8,100
2024 $2,100 $10,000 $1,900 $8,100
2023 $2,100 $10,000 $1,900 $8,100
2022 $2,085 $10,000 $1,900 $8,100
2021 $2,067 $10,000 $1,900 $8,100
2020 $2,067 $10,000 $1,900 $8,100
2019 $1,958 $10,000 $1,900 $8,100
2018 $1,913 $10,000 $1,900 $8,100
2017 $1,867 $10,000 $1,900 $8,100
2016 $0 $10,000 $1,900 $8,100
2015 -- $10,000 $1,900 $8,100
2014 -- $10,000 $1,900 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Weckstein

    Seller's Agent in 2023

    Nicholas Weckstein

    RPA Real Estate

    (516) 673-5685

    63 Total Sales

    Nicholas Weckstein
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Ryan Evans

    RPA Real Estate

    (570) 485-2279

    30 Total Sales

    Ryan Evans
    Section Image

  • n

    Buyer's Agent in 2023

    non member Wilkes- Barre MLS

    NON Member Wilkes-Barre MLS

  • John Crotti

    Seller's Agent in 2020

    John Crotti

    RE/MAX

    (570) 575-1938

    80 Total Sales

    John Crotti
    Section Image
  • Jayne Vaughan

    Buyer's Agent in 2020

    Jayne Vaughan

    ERA One Source Realty, Peckville

    (570) 489-8080

    64 Total Sales

    Jayne Vaughan
    Section Image
See All Agents

Map

Source: Luzerne County Association of REALTORS®

MLS Number: 23-3148

APN: 03519060006

Pennsylvania Lackawanna County Simpson 18407

503 Reservoir St, Simpson, PA

Homes for Sale in Simpson, PA

This home is located at 503 Reservoir St, Simpson, PA 18407 since 11 July 2023 and is currently estimated at $198,682, approximately $78 per square foot. This property was built in 1940. 503 Reservoir St is a home located in Lackawanna County with nearby schools including Carbondale Area Elementary School, Carbondale Area Junior/Senior High School, and Fell Charter School.

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