NOT LISTED FOR SALE

509 N 5th St Stroudsburg, PA 18360

Estimated Value: $257,000 - $389,000

3 Beds
2 Baths
2,072 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $150,000 $72 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,913/month

25 Days on Market

About This Home

As of July 2019

Engaging 2 Unit property that has been fully remodeled! This up/down unit features private entrances for each unit as well as a detached 2 car garage. Location is ideal on busy 5th Street in Stroudsburg - walking distance to downtown attractions. Close to major highways and local employers and East Stroudsburg University. Low operating costs for this investment with high rental demand! Additional properties available in the immediate area to build your portfolio. Financing for purchase & fro the renovations is available through Direct Lending Partners. 90% of the purchase price and renovations. Private lender. Available to close in 5-7 days.

Last Agent to Sell the Property

Donald Wenner

DLP Realty License #AB067794 Listed on: 05/31/2019

Co-Listed By

Bruce Eaton

DLP Realty License #RS316181

Last Buyer's Agent

Alex Camaerei

Keller Williams Real Estate - Stroudsburg License #AB068180

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18-2.1.6.8

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: PA 33 N/209N to I-80 E, Exit 307 Park Ave. Left onto Park Ave Right on Lenox, Left on Broad, slight Right on Main St. Left on 4th St. Left on McConnell Right on 5th Street
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1902
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: DLPR
  • Co List Office Phone: 610-756-2090
  • Co List Office Phone: 610-756-2090
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 18-2.1.6.8
  • Location Tax and Legal School Tax Amount2: 3244.77
  • Location Tax and Legal Tax Annual Amount2: 4617.79
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.12
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: No
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Other
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: None
  • Heating: Forced Air, Hot Water, Electric
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric5: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 18-2.1.6.8
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4617.79
  • Tax Book Number: 2459/9455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 24, 2019
Sold by
Dlp Fund Acquisition Iii Llc
Bought by
Gavilanes Juan B and Gavilanes Francisca
Seller's Agent
Donald Wenner
DLP Realty
Buyer's Agent
Alex Camaerei
Keller Williams Real Estate - Stroudsburg
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$305,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,248
Avg. Annual Appreciation
13.13%

Purchase Details

Listed on
Aug 1, 2015
Closed on
Sep 4, 2015
Sold by
The Estate Of Robert J Tuohy
Bought by
Dlp Fund Acquisition Iii Llc
Seller's Agent
Don Wenner
Real of Pennsylvania
Buyer's Agent
Don Wenner
Real of Pennsylvania
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.06%
Original Mortgage
$95,310
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 1991
Bought by
Tuohy Robert J
Source: Public Records

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
Gavilanes Juan B $150,000 Keystone Premier Setmnt Svcs
Dlp Fund Acquisition Iii Llc $45,000 Attorney
Tuohy Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dlp Fund Acquisition Iii Llc $1,088,500
Previous Owner Dlp Fund Acquisition Iii Llc $250,000
Previous Owner Dlp Fund Acquisition Iii Llc $95,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $150,000 0.0% $72 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $150,000 +233.3% $72 / Sq Ft
09/04/2015 09/04/15 Sold $45,000 0.0% $17 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $45,000 -- $17 / Sq Ft
Source: Pocono Mountains 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 $2,907 $171,230 $20,700 $150,530
2024 $2,395 $171,230 $20,700 $150,530
2023 $2,121 $171,230 $20,700 $150,530
2022 $6,546 $171,230 $20,700 $150,530
2021 $6,255 $171,230 $20,700 $150,530
2020 $6,434 $171,230 $20,700 $150,530
2019 $4,618 $19,870 $3,950 $15,920
2018 $4,553 $19,870 $3,950 $15,920
2017 $4,494 $19,870 $3,950 $15,920
2016 $1,249 $19,870 $3,950 $15,920
2015 -- $19,870 $3,950 $15,920
2014 -- $19,870 $3,950 $15,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-68584

Pocono Mountains Association of REALTORS®

APN: 18-2.1.6.8