NOT LISTED FOR SALE

532 Alder St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $288,000 - $383,000

Studio
-- Bath
3,400 Sq Ft
$104/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2020

Last sale price $125,000 $37 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $2,374 / mo

16 Days on Market

Highlights

  • Deck
  • Porch
  • Wood Siding
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • 5-minute walk to Connors Park

About This Home

As of September 2020

Attention Investors!!! When is the last time you found a 4 Unit property with an 18% CAP Rate? Current owner has two properties up for sale and pride of ownership shines through..... Feel free to reach out to me with any questions., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1700.00, SqFt Fin - 2nd: 1700.00

Last Agent to Sell the Property

James McAllister

ERA One Source Realty License #RS348548 Listed on: 06/12/2020

Last Buyer's Agent

Lori Francis

Ruddy Realty License #RS295805

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x162

Parking

  • 2 Car Detached Garage
  • Parking Pad
  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15616030037
  • $12,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $30,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Directions: Moosic St, Left on Pittston Ave, Left on Alder, Property on the right. No sign
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 3400
  • Architectural Style: Complex
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1651.44
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 2160.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Parking Pad, On Street, None

Utilities

  • Cooling: None
  • Heating: Electric, Steam, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X162
  • Additional Parcels: No
  • Parcel #: 15616030037
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3639.36
  • Tax Book Number: 1013/0159
  • Tax Other Annual Assessment Amount: 12000

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30120

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Bought by
Current Estimated Value
$370,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,395
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 21, 2020
Sold by
Bought by
Seller's Agent
James McAllister
ERA One Source Realty
Buyer's Agent
Lori Francis
Ruddy Realty
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%
Original Mortgage
$93,750
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$343,000 None Listed On Document
$125,000 None Available
$102,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $262,395
Closed $140,800
Closed $93,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $125,000 +4.3% $37 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $119,900 -- $35 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $45,714 $285,730 $32,930 $252,800
2025 $4,124 $12,000 $3,250 $8,750
2024 $3,787 $12,000 $3,250 $8,750
2023 $3,787 $12,000 $3,250 $8,750
2022 $3,704 $12,000 $3,250 $8,750
2021 $3,704 $12,000 $3,250 $8,750
2020 $3,639 $12,000 $3,250 $8,750
2019 $3,429 $12,000 $3,250 $8,750
2018 $3,429 $12,000 $3,250 $8,750
2017 $3,372 $12,000 $3,250 $8,750
2016 $1,198 $12,000 $3,250 $8,750
2015 $2,578 $12,000 $3,250 $8,750
2014 -- $12,000 $3,250 $8,750
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James McAllister

    ERA One Source Realty

  • L

    Buyer's Agent in 2020

    Lori Francis

    Ruddy Realty

    (570) 885-3491

    10 in this area

    101 Total Sales

    Lori Francis
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB202032

Greater Scranton Board of REALTORS®

APN: 15616030037

Pennsylvania Lackawanna County Scranton 18505 South Side

532 Alder St, Scranton, PA

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Greater Scranton Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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