NOT LISTED FOR SALE

517 E Gibson St Scranton, PA 18509

Pine Brook Neighborhood

Estimated Value: $320,000

-- Bed
-- Bath
4,300 Sq Ft
$74/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $345,000 $80 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,843/month

45 Days on Market

Highlights

  • Deck
  • Home Security System
  • Coin Laundry
  • Porch
  • Baseboard Heating

About This Home

As of December 2017

5 unit residential building with parking for 30 cars across the street from the Geisinger Commonwealth Medical College. Excellent tenant and income history (see attached documents). Was completely renovated from basement to roof. Has sprinkler system. Plenty of storage and coin operated washer and dryer. Minimal maintenance property. Can be bought together with MLS # 17-4070. True pride of ownership! Note: Please be sure to view the virtual tour. The tour was created before all appliances were installed. Agent to be present for all showings., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1100.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00, Additional Info: Owner has asked Agent to pre-qualify Buyers. Second tax ID 14661020009. DB/PG 2007/021.

Last Agent to Sell the Property

Jahan Tabatabaie

ERA One Source Realty License #RM424736 Listed on: 08/25/2017

Last Buyer's Agent

Bill Wassel

Hibble Harris Real Estate, Inc License #RS188054L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 31x111x34x222
  • Additional Parcels

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 30 Parking Spaces
  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 14661020007
  • $13,000 per year additional tax assessments

Community Details

Building Details

  • Water Sewer Expense $2,845
  • Gross Income $52,580

Additional Features

  • 5 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,577

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From the intersection of Jefferson Ave and Lackawanna Ave (Radisson Hotel), continue on Jefferson Ave just past Regional Hospital until you have reached East Gibson Street. Make left at the stop sign. After one stop sign, property on the right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area, None
  • ResoLotFeatures: Other, See Remarks
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s), Security System
  • Reso Association Amenities: Coin Laundry, Trash
  • Above Grade Finished Sq Ft: 4300
  • Architectural Style: Complex
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1609.01
  • EnhancedAcccessible: No
  • WaterExpense: 2845.13
  • SewerExpense: 0.00
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

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: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 65.00

Garage/Parking

  • Parking Features: Gravel, Unpaved, See Remarks, Other, Off Street
  • Total Parking Spaces: 30

Utilities

  • Cooling: Other
  • Heating: Baseboard, Electric
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: commercial
  • Current Use: Residential
  • Land Lease: No
  • Lot Dimensions: 31X111X34X222
  • Additional Parcels: Yes
  • Parcel #: 14661020007
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3576.86
  • Tax Book Number: 2004/41047
  • Tax Other Annual Assessment Amount: 13000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 52580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
521 Gilbson St Llc
Bought by
Gcb Acquisitions Llc
Current Estimated Value
$320,000

Purchase Details

Closed on
Dec 28, 2006
Sold by
The City Of Scranton
Bought by
The Management Llc
Source: Public Records

Range of Values:

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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
Gcb Acquisitions Llc $450,000 None Available
The Management Llc $3,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $345,000 -2.8% $80 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $355,000 -- $83 / 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 $1,753 $3,600 $3,600 $0
2024 $1,642 $3,600 $3,600 $0
2023 $1,642 $3,600 $3,600 $0
2022 $1,607 $3,600 $3,600 $0
2021 $1,607 $3,600 $3,600 $0
2020 $1,588 $3,600 $3,600 $0
2019 $1,506 $3,600 $3,600 $0
2018 $1,506 $3,600 $3,600 $0
2017 $1,489 $3,600 $3,600 $0
2016 $0 $3,600 $3,600 $0
2015 $1,225 $3,600 $3,600 $0
2014 -- $3,600 $3,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jahan Tabatabaie

    ERA One Source Realty

  • Bill Wassel

    Buyer's Agent in 2017

    Bill Wassel

    Hibble Harris Real Estate, Inc

    (570) 241-3700

    9 Total Sales

    Bill Wassel
    Section Image

  • W

    Buyer's Agent in 2017

    William Wassel

    Weichert Realtors Hibble & Associates

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB174078

Greater Scranton Board of REALTORS®

APN: 14661020009

Pennsylvania Lackawanna County Scranton 18509 Pine Brook

517 E Gibson St, Scranton, PA

This home is located at 517 E Gibson St, Scranton, PA 18509 since 25 August 2017 and is currently estimated at $320,000, approximately $74 per square foot. This property was built in 1950. 517 E Gibson St is a home located in Lackawanna County with nearby schools including John Adams Elementary School, Northeast Scranton Intermediate School, and Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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