NOT LISTED FOR SALE

509 N Main St Old Forge, PA 18518

Estimated Value: $183,000 - $215,000

Studio
-- Bath
2,600 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $100,000 $38 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,324/month

21 Days on Market

About This Home

As of May 2021

Two family, currently rented on a month to month basis. 2 bedroom each unit. Detached 2 car garage with alley access. Beautiful, large back yard. Covered front porch, walk-out basement., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1300.00, SqFt Fin - 2nd: 1300.00

Last Agent to Sell the Property

Amy Gearhart

COWLEY REAL ESTATE License #RS272723 Listed on: 03/08/2021

Last Buyer's Agent

John Cowley

COWLEY REAL ESTATE License #RM025944A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x180x50x174
  • Property fronts a highway
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 17605060041

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,200
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Directions: Just in to Old Forge on the right side
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2600
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1865.41
  • EnhancedAcccessible: No
  • WaterExpense: 1200.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Off Street, Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50x180x50x174
  • Additional Parcels: No
  • Parcel #: 17605060041
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3043.79
  • Tax Book Number: 0259/0166

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
501 N Main Llc and Rosado William
Bought by
Marelli Realty Llc
Current Estimated Value
$195,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$689,435
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
-$494,102

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 20, 2021
Sold by
Boynosky Julianne M
Bought by
Rosado William
Seller's Agent
Amy Gearhart
COWLEY REAL ESTATE
Buyer's Agent
John Cowley
COWLEY REAL ESTATE
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Rosemary C Bowen
Bought by
Tomlinson Timothy and Tomlinson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.42%

Purchase Details

Closed on
May 31, 2000
Bought by
Boynosky Garrett A and Boynosky Ulianne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marelli Realty Llc $575,000 None Listed On Document
Rosado William $100,000 Keystone Abstract Svcs Inc
Tomlinson Timothy -- --
Boynosky Garrett A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marelli Realty Llc $720,000
Previous Owner Tomlinson Timothy $188,000
Previous Owner Tomlinson Timothy --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $100,000 -23.0% $38 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $129,900 -- $50 / 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 $3,631 $14,000 $0 $14,000
2024 $3,238 $14,000 $0 $14,000
2023 $3,238 $14,000 $0 $14,000
2022 $3,129 $14,000 $0 $14,000
2021 $3,044 $14,000 $0 $14,000
2020 $3,009 $14,000 $0 $14,000
2019 $2,883 $14,000 $0 $14,000
2018 $2,855 $14,000 $0 $14,000
2017 $2,855 $14,000 $0 $14,000
2016 $1,667 $14,000 $0 $0
2015 -- $14,000 $0 $0
2014 -- $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB21732

Greater Scranton Board of REALTORS®

APN: 17605060041