NOT LISTED FOR SALE

532 N Main St Archbald, PA 18403

Estimated Value: $294,000

-- Bed
-- Bath
8,500 Sq Ft
$35/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $190,000 $22 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,241/month

87 Days on Market

Highlights

  • Cooling Available
  • Baseboard Heating
  • Garage
  • Ceiling Fan

About This Home

As of May 2021

Seven unit Multi Family home for sale. Great opportunity for someone who is looking to invest in Real Estate. Six units are currently occupied, One unit just vacated.

Last Agent to Sell the Property

Lisa Vukovic

Weichert Realtors - Easton License #RS282816 Listed on: 07/01/2020

Weichert Realtors - Easton

Last Buyer's Agent

Lisa Vukovic

Weichert Realtors - Easton License #RS282816 Listed on: 07/01/2020

Weichert Realtors - Easton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 8,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Utilities

  • Cooling Available
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09513010008

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Electric Expense $432
  • Insurance Expense $3,000
  • Maintenance Expense $4,000
  • New Taxes Expense $5,591
  • Gross Income $49,300
  • Net Operating Income $31,117

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: 380 N to Robert Case hwy left us 6 to Carbondale ,PA-247 exit, EXIT 3, toward Jessupen 0.62 miles Stay straight to go onto Hill ,Hill St becomes Bridge St Turn right onto Main St. 532 Main St, Archbald
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1950
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.13
  • Co List Office Phone: 610-252-6666
  • MLS Status: Closed
  • Location Tax and Legal Parcel Number2: 09513010008
  • Location Tax and Legal School Tax Amount2: 3332.74
  • Location Tax and Legal Tax Annual Amount2: 5591.23
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.13
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Income And Expenses New Taxes Expense: 5591.0
  • Cooling Separate Meters: Yes
  • Income And Expenses Maintenance Expense: 4000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Separate Meters
  • Heating: Baseboard, Hot Water, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 09513010008
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 5591.23
  • Tax Book Number: 2004-33844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
May 3, 2021
Sold by
Duggan Patarick and Osullivan William
Bought by
532 N Main Street Llc
Seller's Agent
Lisa Vukovic
Weichert Realtors - Easton
Buyer's Agent
Lisa Vukovic
Weichert Realtors - Easton
List Price
$249,000
Sold Price
$190,000
Premium/Discount to List
-$59,000
-23.69%
Current Estimated Value
$294,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,000
Original Mortgage
$120,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Bought by
Osullivan Wm and Duggan Patarick
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
532 N Main Street Llc $190,000 Passport Title Services Llc
Osullivan Wm $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 532 N Main Street Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $190,000 -23.7% $22 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $249,000 -- $29 / Sq Ft
Source: Pocono Mountains 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 $7,409 $28,800 $2,000 $26,800
2024 $6,356 $28,800 $2,000 $26,800
2023 $6,356 $28,800 $2,000 $26,800
2022 $6,158 $28,800 $2,000 $26,800
2021 $6,143 $28,800 $2,000 $26,800
2020 $6,028 $28,800 $2,000 $26,800
2019 $5,591 $28,800 $2,000 $26,800
2018 $5,490 $28,800 $2,000 $26,800
2017 $5,462 $28,800 $2,000 $26,800
2016 $3,203 $28,800 $2,000 $26,800
2015 -- $28,800 $2,000 $26,800
2014 -- $28,800 $2,000 $26,800
Source: Public Records

Agents Affiliated with this Home

  • Lisa Vukovic

    Seller's Agent in 2021

    Lisa Vukovic

    Weichert Realtors - Easton

    (570) 578-9039

    1 in this area

    128 Total Sales

    Lisa Vukovic
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-78753

Pocono Mountains Association of REALTORS®

APN: 09513010007

Pennsylvania Lackawanna County Archbald 18403

532 N Main St, Archbald, PA

This home is located at 532 N Main St, Archbald, PA 18403 since 01 July 2020 and is currently priced at $294,000, approximately $34 per square foot. This property was built in 1950. 532 N Main St is a home located in Lackawanna County with nearby schools including Valley View Intermediate School, Valley View Middle School, and Valley View 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.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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