NOT LISTED FOR SALE

Estimated Value: $253,000 - $349,000

8 Beds
5 Baths
3,684 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $295,000 $80 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,840/month

79 Days on Market

About This Home

As of June 2024

Don't miss out on this investment opportunity in Scranton!Diversify your portfolio with this legal 4 unit property. Fully rented and ready to go!

Last Agent to Sell the Property

William Chupko

Keller Williams Real Estate-Clarks Summit License #RS336156 Listed on: 12/12/2023

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x125x54x100

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,684 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15640030009
  • $9,000 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $1,309
  • Water Sewer Expense $4,200
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,852

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Take N 7th Ave/Providence Rd. Continue to follow N 7th Ave. Continue onto Railroad AveTurn left onto Broadway St and the destination will be on the right.
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3684
  • New Construction: No
  • Reso Structure Type: Multi Family
  • AuctionYN: No
  • SchoolTaxAmount: 1330.64
  • EnhancedAcccessible: No
  • WaterExpense: 4200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Utilities

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

Fee Information

  • Annual Fuel Expense: 1200

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-2
  • Current Use: Multi-Family
  • Lot Dimensions: 50X125X54X100
  • Parcel #: 15640030009

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 3875
  • Tax Annual Amount: 2852
  • Tax Book Number: 202113911
  • Tax Other Annual Assessment Amount: 9000

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1200
  • Annual Gross Income: 52800
  • Insurance Expense: 1309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
616 Investments Llc
Bought by
Emedar Associates Llc
Current Estimated Value
$288,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 17, 2021
Sold by
Girikrupa Llc
Bought by
616 Investments Llc
Seller's Agent
Stephen Franco
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Steve Franco
Gorilla Real Estate LLC
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$1,416,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2013
Sold by
Gula George and Gula Mary Jane
Bought by
Deutsche Bank National Trust
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
Emedar Associates Llc $290,000 First American Title
616 Investments Llc $777,500 None Available
Deutsche Bank National Trust $1,048 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emedar Associates Llc $232,000
Previous Owner 616 Investments Llc $1,416,000
Previous Owner Girikrupa Llc $200,000
Previous Owner Gula Mary Jane $44,100
Previous Owner Mary George Gula $37,370
Previous Owner Gula George $22,606
Previous Owner Gula George $9,100
Previous Owner Gula George $15,215
Previous Owner Gula George $8,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $295,000 -3.3% $80 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $305,000 +69.4% $83 / Sq Ft
07/01/2021 07/01/21 Sold $180,000 -18.2% $60 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $220,000 +787.1% $73 / Sq Ft
05/31/2013 05/31/13 Sold $24,800 +24.0% $10 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $20,000 -- $8 / 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 $3,105 $9,000 $2,500 $6,500
2024 $2,852 $9,000 $2,500 $6,500
2023 $2,852 $9,000 $2,500 $6,500
2022 $2,790 $9,000 $2,500 $6,500
2021 $2,790 $9,000 $2,500 $6,500
2020 $2,741 $9,000 $2,500 $6,500
2019 $2,583 $9,000 $2,500 $6,500
2018 $2,583 $9,000 $2,500 $6,500
2017 $2,541 $9,000 $2,500 $6,500
2016 $910 $9,000 $2,500 $6,500
2015 $1,944 $9,000 $2,500 $6,500
2014 -- $9,000 $2,500 $6,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC264

Greater Scranton Board of REALTORS®

APN: 15640030009