NOT LISTED FOR SALE

5355 Main Rd Sweet Valley, PA 18656

Estimated Value: $284,346

-- Bed
5 Baths
4,400 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $225,000 $51 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,777/month

5 Days on Market

About This Home

As of December 2021

5 apartment units, all rented, and 2 store fronts, one rented for a pizza and sub shop, one vacant and currently used as storage for seller, (would make a nice gift shop). Parking for 12 cars. Newer septic system.

Last Agent to Sell the Property

Michell'e Boice

Crossin Real Estate License #RS223291L Listed on: 10/23/2021

Last Buyer's Agent

Suzanne Kojadinovich

Classic Properties Kingston License #RS325763

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,081

Lot Details

  • Lot Dimensions are 92x286x154x25x192
  • Property is in good condition

Parking

  • 14 Off-Street Spaces

Home Design

  • Triplex
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • Concrete Flooring

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Private Company Owned Well
  • Electric Water Heater

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $1,000
  • Trash Expense $1,200
  • Real Estate Tax Expense $3,081
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,081

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Just past the intersection of Rt. 118 & 29, bear left at the Y onto Main Road and go 3 miles and property is on the left. (5th property from the Ross Twp. Vol Fire & Ambulance, same side)
  • Est County Tax: 1038.00
  • Estimated School Tax: 2004.00
  • EstTotalTax: 3081.00
  • Number of Dryers: 5
  • Number of Ranges: 5
  • Number of Refrigerators: 5
  • Age: 76 - 100 Yrs
  • Annual Electric: 1000.00
  • Hot Water Heater: Electric
  • Listing Member Name: Michell'e T. Boice
  • Listing Office Short Id: 304BR
  • Tax Municipality: Ross Twp
  • NumberSpacesOffStreet: 14.00
  • Open House Office I D: 20050705205152330143000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 2855
  • Selling Office Short Id: 3201
  • InteriorFinish: Drywall
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 4400.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: N
  • Unit4InfoHotWaterInRent: N
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: Y
  • Unit5InfoHeatInRent: Y
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Full Unfinished, Dirt Floor
  • AppliancesNumberWasher: 5
  • Limited Service: No

Exterior Features

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

Garage/Parking

  • Parking: Off-Street

Utilities

  • Hvac Type: Window Units
  • Heat Fuel Type: Electric
  • Heat Type: Electric Baseboard
  • Sewer: On-Site
  • Hot Water: Private Well

Condo/Co-op/Association

  • Association Fees Include: 5 refrigerators, ranges and microwaves; also 5 washers & dryers in lower level common laundry area.
  • Number of Units: 7

Association/Amenities

  • MFAmenities: Dumpster

Schools

  • School District: Lake Lehman
  • School District: Lake Lehman

Lot Info

  • Lot Size: 92x286x154x25x192
  • Zoning: Suburban (S-1)

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 28, 2021
Sold by
Barry Andrews
Bought by
Invictus Financial Holdings Llc
Seller's Agent
Michell'e Boice
Crossin Real Estate
Buyer's Agent
Suzanne Kojadinovich
Classic Properties Kingston
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$284,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,346
Avg. Annual Appreciation
5.99%
Original Mortgage
$168,750
Outstanding Balance
$157,104
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$122,267

Purchase Details

Closed on
Jun 29, 2004
Bought by
Andrews Barry
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
Invictus Financial Holdings Llc $225,000 Wetzefa6stract Llc
Andrews Barry $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Invictus Financial Holdings Llc $168,750
Previous Owner Andrews Barry $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $225,000 0.0% $51 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $225,000 -- $51 / 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 $3,143 $168,200 $44,000 $124,200
2024 $3,147 $168,200 $44,000 $124,200
2023 $3,111 $168,200 $44,000 $124,200
2022 $3,080 $168,200 $44,000 $124,200
2021 $3,024 $168,200 $44,000 $124,200
2020 $3,024 $168,200 $44,000 $124,200
2019 $2,900 $168,200 $44,000 $124,200
2018 $2,827 $168,200 $44,000 $124,200
2017 $2,773 $168,200 $44,000 $124,200
2016 -- $168,200 $44,000 $124,200
2015 -- $168,200 $44,000 $124,200
2014 -- $168,200 $44,000 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-5562

APN: 54-G4S1-002-009-000