NOT LISTED FOR SALE

Estimated Value: $229,000 - $334,000

-- Bed
-- Bath
2,850 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $250,000 $88 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,776/month

126 Days on Market

About This Home

As of January 2024

Welcome to this charming and fully occupied 4-unit property nestled in the heart of Scranton! This well-maintained and income-generating investment opportunity is a must-see for savvy investors and discerning buyers alike.Don't miss out on this incredible opportunity to own this fully occupied 4-unit property in Scranton with yard space and off-street parking. Take the first step towards securing your financial future and schedule a viewing today!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1425.00, SqFt Fin - 2nd: 1425.00

Last Listed By

Samantha Edwards

Keller Williams Real Estate-Clarks Summit License #RS360630 Listed on: 07/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1930

Lot Details

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

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Paved Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15641010006
  • $9,000 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $4,800
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,695

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Railroad Ave, make a right onto Emmett St. Property is on the right side.
  • 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: Other
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2850
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1286.88
  • EnhancedAcccessible: No
  • WaterExpense: 4800.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Gravel, Parking Pad, Off Street
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X150
  • Additional Parcels: No
  • Parcel #: 15641010006
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2695.15
  • Tax Book Number: 202214163
  • Tax Other Annual Assessment Amount: 9000

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Jan 15, 2024
Sold by
Rivera Omar and Rivera Adriana A
Bought by
511 Emmett Corp
Seller's Agent
Samantha Edwards
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Samantha Brunson
Samantha
List Price
$290,000
Sold Price
$250,000
Premium/Discount to List
-$40,000
-13.79%
Total Days on Market
126
Views
42
Current Estimated Value
$275,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,154
Avg. Annual Appreciation
7.78%
Original Mortgage
$187,500
Outstanding Balance
$185,075
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$90,079

Purchase Details

Closed on
Jun 30, 2022
Sold by
Miguel Suaraz
Bought by
Rivera Omar and Valdez-Rivera Adriana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2018
Closed on
Sep 4, 2018
Sold by
Ivanka Realty Llc
Bought by
Suraz Miguel
Seller's Agent
Michael Urban
The Agency Real Estate Group - The Abingtons
Buyer's Agent
GREATER WILKES-BARRE MLS
LUZERNE COUNTY ASSOCIATION OF REALTORS
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Listed on
Aug 5, 2015
Closed on
Apr 21, 2017
Sold by
Giles Washburn Llc
Bought by
Ivanka Realty Llc
Seller's Agent
Kimberlee Glinsky
CLASSIC PROPERTIES
Buyer's Agent
Michael Urban
EXP Realty LLC
List Price
$99,000
Sold Price
$73,500
Premium/Discount to List
-$25,500
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$58,800
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Shaughnessy Kevin
Bought by
Giles Washburn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2008
Sold by
Domuracki Helen and Domuracki James
Bought by
Shaughnessy Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.58%
Mortgage Type
FHA

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
511 Emmett Corp $250,000 None Listed On Document
Rivera Omar $168,000 Law Offices Of Michael J Kizis
Suraz Miguel $80,000 None Available
Ivanka Realty Llc $73,500 None Available
Giles Washburn Llc $120,000 None Available
Shaughnessy Kevin $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 511 Emmett Corp $187,500
Previous Owner Rivera Omar $153,000
Previous Owner Rivera Omar $126,000
Previous Owner Ivanka Realty Llc $58,800
Previous Owner Giles Washburn Llc $90,000
Previous Owner Shaughnessy Kevin $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $250,000 -13.8% $88 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $290,000 +262.5% $102 / Sq Ft
09/04/2018 09/04/18 Sold $80,000 -11.0% $28 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $89,900 +22.3% $32 / Sq Ft
04/21/2017 04/21/17 Sold $73,500 -25.8% $21 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
08/05/2015 08/05/15 For Sale $99,000 -- $29 / 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 $3,007 $9,000 $2,000 $7,000
2024 $2,756 $9,000 $2,000 $7,000
2023 $2,756 $9,000 $2,000 $7,000
2022 $2,695 $9,000 $2,000 $7,000
2021 $2,695 $9,000 $2,000 $7,000
2020 $2,647 $9,000 $2,000 $7,000
2019 $2,492 $9,000 $2,000 $7,000
2018 $2,492 $9,000 $2,000 $7,000
2017 $2,450 $9,000 $2,000 $7,000
2016 $0 $9,000 $2,000 $7,000
2015 $1,858 $9,000 $2,000 $7,000
2014 -- $9,000 $2,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Scranton Board of REALTORS®

MLS Number: GSB233085

Greater Scranton Board of REALTORS®

APN: 15641010006