NOT LISTED FOR SALE

521 N Main St Wilkes Barre, PA 18705

Estimated Value: $120,023 - $245,000

-- Bed
-- Bath
2,700 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $82,000 $30 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,119/month

86 Days on Market

Highlights

  • Paneling
  • Community Deck or Porch
  • 2-minute walk to Madison St Park
  • Hot Water Heating System
  • Community Storage Space

About This Home

As of August 2020

Great investment opportunity! Call today to see this 3 unit apartment building with a yard and over-sized shed for storage. Each unit is 2 bedrooms and 1 bath. One unit is vacant and two units are occupied with long term month to month tenants. Tenants pay heat and electric. Landlord pays water. All measurements approximate.

Last Agent to Sell the Property

Tara Stash

Christian Saunders Real Estate License #RS333333 Listed on: 03/19/2020

Last Buyer's Agent

Gregory Barrouk

City Brokers LLC License #RS334115

Property Details

Home Type

  • Multi-Family

Lot Details

  • Property is in good condition

Home Design

  • Triplex
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,700 Sq Ft Home
  • Paneling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

Overview

  • 3 Units

Amenities

  • Community Deck or Porch
  • Community Storage Space

Building Details

  • Fuel Expense $420
  • Water Sewer Expense $1,200
  • Real Estate Tax Expense $2,056
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: N. Main St W-B
  • Est County Tax: 515.78
  • Estimated School Tax: 1541.02
  • EstTotalTax: 2056.79
  • Number of Ranges: 3
  • Number of Refrigerators: 3
  • Age: 76 - 100 Yrs
  • Expenses Annual Water Exp: 1200.00
  • Hot Water Heater: Gas
  • Listing Member Name: Tara Stash
  • Listing Office Short Id: 8534
  • Tax Municipality: Wilkes Barre City
  • Open House Office I D: 20180108153819847847000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 3109
  • Selling Office Short Id: 1894
  • InteriorFinish: Drywall, Plaster, Paneling
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 2700.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full Unfinished
  • Limited Service: No

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fees Include: 3 Ref, 3 Stoves
  • Number of Units: 3

Association/Amenities

  • MFAmenities: Porch, Shed/Storage Bldg

Schools

  • School District: Wilkes-Barre
  • School District: Wilkes-Barre

Lot Info

  • Lot Size: .07
  • Zoning: Multi-Family

Multi Family

  • Income And Expenses Annual Gas Exp: 420.00

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 21, 2020
Sold by
Stahl Jeffrey
Bought by
Dreshaj Arjanit
Seller's Agent
Tara Stash
Christian Saunders Real Estate
Buyer's Agent
Gregory Barrouk
City Brokers LLC
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%
Total Days on Market
86
Current Estimated Value
$169,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,756
Avg. Annual Appreciation
16.29%
Original Mortgage
$55,000
Interest Rate
2.9%
Mortgage Type
Stand Alone First
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
Dreshaj Arjanit $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreshaj Arjanit $97,687
Closed Dreshaj Arjanit $55,000
Previous Owner Stahl Jeffrey $74,900
Previous Owner Barlet Nancy $72,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $82,000 -8.9% $30 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $90,000 -- $33 / 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 $13,887 $83,600 $18,500 $65,100
2024 $13,887 $83,600 $18,500 $65,100
2023 $13,887 $83,600 $18,500 $65,100
2022 $13,872 $83,600 $18,500 $65,100
2021 $13,872 $83,600 $18,500 $65,100
2020 $13,872 $83,600 $18,500 $65,100
2019 $13,823 $83,600 $18,500 $65,100
2018 $13,773 $83,600 $18,500 $65,100
2017 $13,724 $83,600 $18,500 $65,100
2016 -- $83,600 $18,500 $65,100
2015 -- $83,600 $18,500 $65,100
2014 -- $83,600 $18,500 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 20-1305

APN: 73-H10NW2-014-008-000