NOT LISTED FOR SALE

505-507 Prescott Ave Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $241,000 - $419,000

-- Bed
-- Bath
3,988 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $210,000 $53 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,413/month

34 Days on Market

About This Home

As of August 2019

Huge Investment Opportunity in The Electric City! 2 unit home recently renovated. New plumbing and electric. Deck was redone few years ago. New roof. Newer siding. Kitchen on left side redone, Bathrooms updated .Plenty of parking in rear of property. Gross income $30000.Home is in a location convenient to services, shopping and more! Close to Scranton University., Baths: Y

Last Agent to Sell the Property

Jack Gomez

CENTURY 21 Select Group - Hamlin License #RS250485 Listed on: 05/14/2019

CENTURY 21 Select Group - Hamlin

Last Buyer's Agent

NON-MEMBER

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 37x160

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,988 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 15709050054

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,600
  • Trash Expense $600
  • New Taxes Expense $4,895
  • Gross Income $30,000
  • Net Operating Income $22,905

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,895

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Harrison Ave turn left onto Mulberry ave. Then turn right onto Prescott Ave. House on left side.
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: None
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Unit Levels: Three Or More
  • GasRightsReserved: None
  • SchoolTaxAmount: 2296.00
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 37.00

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 4

Utilities

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

Fee Information

  • Trash Expense: 600

Schools

  • Junior High Dist: Scranton School District

Lot Info

  • Lot Dimensions: 37x160
  • Parcel #: 15709050054
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000
  • Insurance Expense: 1600

Tax Info

  • New Taxes Expense: 4895
  • Tax Annual Amount: 4895
  • Tax Book Number: 0887/0239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Aug 6, 2019
Sold by
Ott Anthony
Bought by
Kelley Sean
Seller's Agent
Jack Gomez
CENTURY 21 Select Group - Hamlin
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Total Days on Market
34
Current Estimated Value
$344,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,921
Avg. Annual Appreciation
7.80%
Original Mortgage
$157,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2003
Bought by
Ott Anthony
Source: Public Records

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Range of Values:

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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
Kelley Sean $210,000 National Abstract Co Inc
Ott Anthony $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Sean T $145,000
Closed Kelley Sean $157,500
Previous Owner Ott Anthony $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $210,000 -8.7% $53 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $229,900 -- $58 / Sq Ft
Source: Pike/Wayne 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 $5,805 $17,248 $4,048 $13,200
2024 $5,322 $17,248 $4,048 $13,200
2023 $5,322 $17,248 $4,048 $13,200
2022 $5,206 $17,248 $4,048 $13,200
2021 $5,206 $17,248 $4,048 $13,200
2020 $5,113 $17,248 $4,048 $13,200
2019 $4,815 $17,248 $4,048 $13,200
2018 $4,815 $17,248 $4,048 $13,200
2017 $4,734 $17,248 $4,048 $13,200
2016 $0 $17,248 $4,048 $13,200
2015 $3,599 $17,248 $4,048 $13,200
2014 -- $17,248 $4,048 $13,200
Source: Public Records

Agents Affiliated with this Home

  • Jack Gomez

    Seller's Agent in 2019

    Jack Gomez

    CENTURY 21 Select Group - Hamlin

    (570) 878-9646

    68 Total Sales

    Jack Gomez
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB192163

Pike/Wayne Association of REALTORS®

APN: 15709050054

Pennsylvania Lackawanna County Scranton 18510 Hill Section

505-507 Prescott Ave, Scranton, PA

This home is located at 505-507 Prescott Ave, Scranton, PA 18510 since 14 May 2019 and is currently estimated at $344,921, approximately $86 per square foot. This property was built in 1930. 505-507 Prescott Ave is a home located in Lackawanna County with nearby schools including William Prescott School, Northeast Scranton Intermediate School, and Scranton 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.

Pike/Wayne Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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