NOT LISTED FOR SALE

541 S Franklin St Wilkes Barre, PA 18702

Estimated Value: $224,000 - $271,000

-- Bed
-- Bath
3,524 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $190,000 $54 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,573/month

63 Days on Market

Highlights

  • Electric Baseboard Heater
  • Concrete Flooring
  • Property is in very good condition
  • Space Heater
  • Community Deck or Porch

About This Home

As of January 2022

Stately 3 unit apartment building which has been completely remodeled inside and out! Rare opportunity with newer windows, siding, roof, interior walls, wiring, plumbing, and even kitchens and baths! All 3 units are large apartments containing 5 and 6 rooms with 2 to 3 bedrooms each. Very appealing two story layout for each unit with large rooms. off street parking for 4-5 cars. Separate utilities

Last Agent to Sell the Property

Ted Poggi

Berkshire Hathaway HomeServices Poggi, REALTORS License #RM421804 Listed on: 08/18/2021

Berkshire Hathaway HomeServices Poggi, REALTORS

Last Buyer's Agent

David Sudimak

ERA One Source Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,174

Lot Details

  • Property is in very good condition

Home Design

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

Interior Spaces

  • 3,524 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • 4 Off-Street Spaces

Utilities

  • No Cooling
  • Space Heater
  • Electric Baseboard Heater
  • Gas Water Heater

Community Details

Building Details

  • Water Sewer Expense $596
  • Real Estate Tax Expense $3,174
  • Gross Income $26,400

Additional Features

  • 3 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,174

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: South Franklin Street on right hand side heading South out of downtown Wilkes Barre between Garfield and Sullivan Streets
  • Est County Tax: 501.59
  • Estimated School Tax: 1498.62
  • EstTotalTax: 3174.38
  • Number of Ranges: 3
  • Number of Refrigerators: 3
  • Age: 76 - 100 Yrs
  • Expenses Annual Sewer Exp: 596.45
  • Expenses Annual Water Exp: 1404.45
  • Hot Water Heater: Electric, Gas
  • Listing Member Name: Edmund Poggi III
  • Listing Office Short Id: 1000
  • Tax Municipality: Wilkes Barre City
  • NumberSpacesOffStreet: 4.00
  • Open House Office I D: 20050705205147924194000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 219
  • Selling Office Short Id: 1832
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 3524.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: N
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Spaces: 0
  • Garage Type: None
  • Parking: Off-Street

Utilities

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

Condo/Co-op/Association

  • Association Fees Include: Appliances as per sellers disclosure
  • Number of Units: 3

Association/Amenities

  • MFAmenities: Fire Escape, Street Lights, Porch

Schools

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

Lot Info

  • Lot Size: 40' x 150 ' irregular
  • Zoning: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Dec 31, 2021
Sold by
Parent Real Estate Llc
Bought by
Catlett Kristin and Catlett Jesse
Seller's Agent
Ted Poggi
Berkshire Hathaway HomeServices Poggi, REALTORS
Buyer's Agent
David Sudimak
ERA One Source Realty
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Current Estimated Value
$248,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,738
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Fleet National Bank
Bought by
Parent Real Estate Llc
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
Catlett Kristin $190,000 Mahler Law Firm Llc
Parent Real Estate Llc $27,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $190,000 -9.5% $54 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $210,000 -- $60 / 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 $13,505 $81,300 $14,600 $66,700
2024 $13,505 $81,300 $14,600 $66,700
2023 $13,505 $81,300 $14,600 $66,700
2022 $13,490 $81,300 $14,600 $66,700
2021 $13,490 $81,300 $14,600 $66,700
2020 $13,490 $81,300 $14,600 $66,700
2019 $13,442 $81,300 $14,600 $66,700
2018 $13,394 $81,300 $14,600 $66,700
2017 $13,346 $81,300 $14,600 $66,700
2016 -- $81,300 $14,600 $66,700
2015 -- $81,300 $14,600 $66,700
2014 -- $81,300 $14,600 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-4263

APN: 73-H9SE4-027-028-000