537-539 Hickory St Scranton, PA 18505
South Side Neighborhood
4
Beds
2
Baths
2,024
Sq Ft
1,307
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- Recessed Lighting
- Corner Lot
- Covered patio or porch
- 2-minute walk to Connors Park
About This Home
As of September 2024Investors take a look at this clean, remodeled 2 unit income producing property within walking distance to Colleges, downtown and the University of Scranton. Public transportation, highway accessibility, and a neighborhood park nearby. This quality duplex offers fully occupied 2 bedroom rentals with premium rents of $1300 per unit. Low taxes and utility expenses allowing for a gracious annual cash flow for minimal cost. 1 unit has a signed lease, 1 unit is month to month.
Last Agent to Sell the Property
ERA One Source Realty License #RS222424L Listed on: 07/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,267
Year Built
- Built in 1940
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 45x45
- Corner Lot
- Level Lot
- Cleared Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Wood Siding
- Asbestos
Interior Spaces
- 2,024 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- ENERGY STAR Qualified Windows
- Luxury Vinyl Tile Flooring
- Storm Doors
- Unfinished Basement
Kitchen
- Range
- Dishwasher
- Laminate Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Total Actual Rent $2,600
- Tenant pays for cable TV, electricity
- The owner pays for exterior maintenance, water, trash collection, taxes, sewer, roof maintenance, insurance, hot water, grounds care, gas
- Assessor Parcel Number 15616040065
- $7,000 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- Fuel Expense $1,482
- Insurance Expense $1,200
- Maintenance Expense $1,000
- Operating Expense $8,857
- Gross Income $31,200
- Net Operating Income $22
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Sep 12, 2024
Sold by
Inoa Santiago
Bought by
537-539 Hickory St Llc
Seller's Agent
Kelly Oltmann
ERA One Source Realty
Buyer's Agent
Kelly Oltmann
ERA One Source Realty
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Total Days on Market
5
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,253
Avg. Annual Appreciation
1.01%
Original Mortgage
$180,000
Outstanding Balance
$178,840
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$48,140
Purchase Details
Closed on
Apr 18, 2023
Sold by
Patel Nirav
Bought by
Inoa Santiago
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 4, 2023
Sold by
Tko Realty Llc
Bought by
Patel Nirav
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,625
Interest Rate
6.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 2010
Sold by
Jenkins Joel E and Jenkins Donna A
Bought by
Tko Realty Llc
Similar Homes in Scranton, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $225,000 | None Listed On Document | |
| Deed | $178,000 | None Listed On Document | |
| Deed | $143,500 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $18,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $133,500 | New Conventional | |
| Previous Owner | $107,625 | New Conventional | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $18,000 | Commercial | |
| Previous Owner | $85,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $225,000 | +2.3% | $111 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $219,900 | -- | $109 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $2,466 | $7,000 | $2,200 | $4,800 |
| 2024 | $2,267 | $7,000 | $2,200 | $4,800 |
| 2023 | $2,267 | $7,000 | $2,200 | $4,800 |
| 2022 | $2,218 | $7,000 | $2,200 | $4,800 |
| 2021 | $2,218 | $7,000 | $2,200 | $4,800 |
| 2020 | $2,180 | $7,000 | $2,200 | $4,800 |
| 2019 | $2,055 | $7,000 | $2,200 | $4,800 |
| 2018 | $2,055 | $7,000 | $2,200 | $4,800 |
| 2017 | $2,023 | $7,000 | $2,200 | $4,800 |
| 2016 | $0 | $7,000 | $2,200 | $4,800 |
| 2015 | $1,556 | $7,000 | $2,200 | $4,800 |
| 2014 | -- | $7,000 | $2,200 | $4,800 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Kelly Oltmann
ERA One Source Realty
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC3750
APN: 15616040065
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.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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