NOT LISTED FOR SALE

521 Luzerne St Freeland, PA 18224

Estimated Value: $156,000 - $191,471

-- Bed
-- Bath
2,942 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $115,000 $39 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,017/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Concrete Flooring
  • Hot Water Baseboard Heater

About This Home

As of August 2020

Hottest Duplex on the Market!!! This Freeland beauty is priced to move! Each unit has 3 bedrooms, 1 bathroom, and an abundant opportunity for cash flow! Large yard, one car garage, and a corner lot! Tell your friends! This beauty will not last long. Schedule your private showing today! Highest and best offer due 7/1 by noon!

Last Agent to Sell the Property

Luke Medico

eXp Realty License #RS325682 Listed on: 06/24/2020

Last Buyer's Agent

Jose Valerio

Century 21 Select Group License #RS303653

Century 21 Select Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1930

Lot Details

  • Property is in good condition

Home Design

  • Side-by-Side
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,942 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • 2 Off-Street Spaces

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $320
  • Real Estate Tax Expense $1,868
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,868

Year Built

Built in 1930

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: 309 SOUTH TO BUTLER DR. TOWARDS FREELAND STAY STRAIT AT LIGHT TO RIGHT ONTO PARK STREET MAKE FIRST RIGHT ON LUZERNE PROPERTY ON RIGHT
  • Est County Tax: 673.00
  • Estimated School Tax: 1123.00
  • EstTotalTax: 1868.00
  • Age: 76 - 100 Yrs
  • Expenses Annual Sewer Exp: 320.00
  • Expenses Annual Water Exp: 720.00
  • Hot Water Heater: Gas
  • Listing Member Name: Luke Medico
  • Tax Municipality: Foster Twp
  • NumberSpacesOffStreet: 2.00
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Year Built: 1930
  • InteriorFinish: Drywall
  • Building Style: Double (Side x Side)
  • Estimated Total Sq Ft: 2942.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Full Unfinished

Exterior Features

  • Property Condition: Good
  • Exterior: Vinyl
  • Roof: Comp Shingle

Garage/Parking

  • Spaces: 2
  • Garage Type: Detached
  • Parking: On-Street

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Gas
  • Heat Type: Hot Water Baseboard
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Number of Units: 2

Schools

  • School District: Hazleton

Lot Info

  • Lot Size: 5445
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 13, 2020
Sold by
Runske Larry
Bought by
Tineo Reyes Juan L
Seller's Agent
Luke Medico
eXp Realty
Buyer's Agent
Jose Valerio
Century 21 Select Group
List Price
$100,000
Sold Price
$115,000
Premium/Discount to List
$15,000
15%
Current Estimated Value
$170,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,868
Avg. Annual Appreciation
7.86%
Original Mortgage
$97,750
Outstanding Balance
$86,711
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$84,157

Purchase Details

Closed on
Apr 13, 2004
Bought by
Runske Larry
Source: Public Records

Range of Values:

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Average Value
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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
Tineo Reyes Juan L $115,000 Fox Ridge Abstract
Runske Larry $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tineo Reyes Juan L $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $115,000 +15.0% $39 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $100,000 -- $34 / Sq Ft
Source: Luzerne County 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 $1,386 $67,300 $21,800 $45,500
2024 $1,330 $67,300 $21,800 $45,500
2023 $1,304 $67,300 $21,800 $45,500
2022 $1,292 $67,300 $21,800 $45,500
2021 $1,253 $67,300 $21,800 $45,500
2020 $1,204 $67,300 $21,800 $45,500
2019 $1,153 $67,300 $21,800 $45,500
2018 $1,109 $67,300 $21,800 $45,500
2017 $1,085 $67,300 $21,800 $45,500
2016 -- $67,300 $21,800 $45,500
2015 -- $67,300 $21,800 $45,500
2014 -- $67,300 $21,800 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 20-2335

APN: 23-R9NE2-007-009-000