NOT LISTED FOR SALE

506 W Grace St Old Forge, PA 18518

Estimated Value: $182,812 - $270,000

-- Bed
-- Bath
2,400 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $108,600 $45 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,349/month

278 Days on Market

Highlights

  • Deck
  • Porch
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of September 2017

FANTASTIC DUPLEX - GREAT OLD FORGE LOCATION. .Close to famous Old Forge pizza locations.Spacious duplex- live in one & rent other for additional income or live upstairs & use downstairs apartment for in-laws or family. Large garage for two cars & plenty of off-street parking on long asphalt driveway. Well maintained. Very close to schools, shopping. Hardwood floors under carpeting ..Enclosed sun porch, appliances included. Electric Fireplace in upper unit.A MUST SEE PROPERTY. EASY TO VISIT OR SHOW. SELLER WILL PAY $1000 TOWARDS BUYER'S CLOSING COSTS, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1150.00, SqFt Fin - 2nd: 1250.00, Additional Info: First floor apartment can be connected to 2nd floor by stairwell in closet on first floor very easily.

Last Agent to Sell the Property

Joyce Lomma

REALTY NETWORK GROUP License #RS209122L Listed on: 10/24/2016

Last Buyer's Agent

Maria Muchal Berta

REALTY NETWORK GROUP License #AB068367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,427

Year Built

  • Built in 1930

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 17515030022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,427

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Directions: From South Main Street in Old Forge,turn onto W. Grace St. by Arcaro & Genell's. Property up 5 blocks on left.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 2400
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 883.70
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Paved, Off Street, Garage Door Opener, Garage, Driveway, Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Hot Water, Radiant, Oil, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X150
  • Additional Parcels: No
  • Parcel #: 17515030022
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1427.39
  • Tax Book Number: 2016-02150

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Sep 29, 2017
Sold by
Batton Alexandra
Bought by
Verdetto Ronald
Seller's Agent
Joyce Lomma
REALTY NETWORK GROUP
Buyer's Agent
Maria Muchal Berta
REALTY NETWORK GROUP
List Price
$129,900
Sold Price
$108,600
Premium/Discount to List
-$21,300
-16.4%
Current Estimated Value
$218,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,103
Avg. Annual Appreciation
8.86%
Original Mortgage
$106,632
Outstanding Balance
$91,092
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$120,804

Purchase Details

Closed on
Jan 12, 2016
Sold by
Krenitsky Mary
Bought by
Batton Alexandra
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
Verdetto Ronald $108,600 --
Batton Alexandra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdetto Ronald $106,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $108,600 -16.4% $45 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $129,900 -- $54 / 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 $1,815 $7,000 $2,000 $5,000
2024 $1,619 $7,000 $2,000 $5,000
2023 $1,619 $7,000 $2,000 $5,000
2022 $1,565 $7,000 $2,000 $5,000
2021 $1,522 $7,000 $2,000 $5,000
2020 $1,504 $7,000 $2,000 $5,000
2019 $1,441 $7,000 $2,000 $5,000
2018 $1,427 $7,000 $2,000 $5,000
2017 $1,427 $7,000 $2,000 $5,000
2016 $784 $7,000 $1,500 $5,500
2015 -- $7,000 $0 $0
2014 -- $7,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB165150

Greater Scranton Board of REALTORS®

APN: 17515030022