NOT LISTED FOR SALE

504 Hudson St Forest City, PA 18421

Estimated Value: $126,000 - $185,000

4 Beds
1 Bath
2,600 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $151,000 $58 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $952/month

27 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Baseboard Heating
  • No HOA
  • Ceiling Fan
  • 1-Story Property

About This Home

As of April 2024

''Welcome to an exceptional investment opportunity in the charming town of Forest City! Presenting a beautiful two-unit property that embodies the essence of community living. Nestled in a town renowned for its excellent schools and welcoming atmosphere, this property is a rare find that combines comfort and convenience. Each unit includes 2-bedrooms and a full Bathroom each with its own unique charm, offering a cozy and inviting space for residents to call home. Whether you're an investor looking for a steady rental income or envisioning a home for yourself with the added benefit of rental potential, this property caters to your needs. The Forest City community, known for its friendly ambiance and top-notch schools, provides an amzing setting for families and individuals alike. Embrace the opportunity to be part of this wonderful town with its rich cultural heritage and vibrant local scene. Seize the chance to make a sound investment in a property that not only promises financial returns but also allows you to be an integral part of a thriving community. Don't miss out on the chance to own a piece of Forest City's allure - where great schools meet a great community. Your next chapter begins here!''

Last Agent to Sell the Property

Stephen Pachuta

Re/Max Wayne License #RS296801 Listed on: 01/18/2024

Re/Max Wayne

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Cleared Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • No Kitchen Appliances
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • 200+ Amp Service

Listing and Financial Details

  • Exclusions: Two stoves, two refrigerators those belong to the landlord
  • Total Actual Rent $15,660
  • Tenant pays for electricity, hot water
  • The owner pays for sewer, water
  • Assessor Parcel Number 268.07-6,012.00,000.

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $630
  • Trash Expense $444
  • Water Sewer Expense $600
  • Gross Income $11,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Start at Main StreetForest City, go to end, turn left onto 247 turn left and go to Hudson Street, turn left, house on left. See sign!
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Subdivision Name: None
  • Year Built: 1900
  • Reso Property Sub Type: Duplex
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Cleared, Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2600
  • Architectural Style: Complex
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Reso Structure Type: Multi Family
  • ResoWindowFeatures: Insulated Windows
  • Financial Info Electric: 200+ Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1086.95
  • EnhancedAcccessible: No
  • WaterExpense: 600.00
  • SewerExpense: 720.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Has Basement: Full, Unfinished
  • Flooring: Carpet, Hardwood
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Exclusions: Two stoves, two refrigerators those belong to the landlord
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • Utilities: Electricity Connected, Water Connected, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Fee Information

  • Trash Expense: 444

Schools

  • Junior High Dist: Forest City Regional

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Dimensions: 50x150
  • Additional Parcels: No
  • Parcel #: 268.07-6,012.00,000.
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Electricity, Hot Water
  • Owner Pays: Sewer, Water
  • Rent Control: No

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 1686.52
  • Tax Annual Amount: 1686.52
  • Tax Book Number: 201610009

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Annual Gross Income: 11940
  • Insurance Expense: 630
  • Total Actual Rent: 15660
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 15, 2024
Sold by
Kojs Miroslav
Bought by
Ford Bradley
Seller's Agent
Stephen Pachuta
Re/Max Wayne
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$149,000
Sold Price
$151,000
Premium/Discount to List
$2,000
1.34%
Views
29
Current Estimated Value
$151,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764
Avg. Annual Appreciation
-4.49%
Original Mortgage
$148,265
Outstanding Balance
$146,741
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$5,542

Purchase Details

Listed on
Oct 31, 2015
Closed on
Nov 17, 2016
Sold by
Polifrone Thomas
Bought by
Kojs Miroslav
Seller's Agent
Linda Hanf
Coldwell Banker Lakeview Realtors
Buyer's Agent
Stephen Pachuta
RE/MAX WAYNE
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$40,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Astleford Joshua T and Astleford Amber
Bought by
Polifrone Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.58%
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
Ford Bradley $150,500 None Listed On Document
Kojs Miroslav $50,000 None Available
Polifrone Thomas $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Bradley $148,265
Closed Ford Bradley $7,550
Previous Owner Kojs Miroslav $40,000
Previous Owner Pollerone Thomas $40,805
Previous Owner Polifrone Thomas $44,000
Previous Owner Astleford Joshua T $82,000
Previous Owner Astleford Joshua T $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $151,000 +1.3% $58 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $149,000 +198.0% $57 / Sq Ft
11/30/2016 11/30/16 Sold $50,000 -9.1% $36 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/31/2015 10/31/15 For Sale $55,000 -- $39 / 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 $1,728 $21,700 $3,000 $18,700
2024 $1,687 $21,700 $3,000 $18,700
2023 $1,615 $21,700 $3,000 $18,700
2022 $1,608 $21,700 $3,000 $18,700
2021 $1,590 $21,700 $3,000 $18,700
2020 $1,543 $21,700 $3,000 $18,700
2019 $1,543 $21,700 $3,000 $18,700
2018 $1,493 $21,700 $3,000 $18,700
2017 $21,700 $21,700 $3,000 $18,700
2016 $1,414 $21,700 $3,000 $18,700
2015 $228 $21,700 $0 $0
2014 $228 $21,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC710

Greater Scranton Board of REALTORS®

APN: 268.07-6-012.00-000