NOT LISTED FOR SALE

547 Washington Ave Jermyn, PA 18433

Estimated Value: $155,173

Studio
0.5 Bath
5,507 Sq Ft
$28/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2024

Last sale price $150,000 $27 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $990 / mo

5 Days on Market

Highlights

  • Private Yard
  • Under Construction
  • 5-minute walk to Rippy Callahan Recreational Park
  • Awning

About This Home

As of November 2024

Completely Gutted Commercial/Multifamily for you to make your own! This is a blank slate to make into what you dream of, either a Triplex with 1st floor commerical space or Quadruplex as you wish. Lots of off street parking space for tenants or customers in the back yard that can be converted to parking lot to the back alleyway, with a side front driveway off of Washington Ave.

Last Agent to Sell the Property

Jessica Suchter

Lewith & Freeman RE, Inc. License #RS361727 Listed on: 10/15/2024

Last Buyer's Agent

Colin Striefsky

Real of Pennsylvania License #AB069662

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1890 | Under Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x170
  • Chain Link Fence
  • Private Yard

Home Design

  • Fixer Upper
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 0.5 Bathroom
  • 5,507 Sq Ft Home
  • 3-Story Property
  • Awning
  • No Kitchen Appliances
  • Basement

Parking

  • Parking Pad
  • Alley Access
  • On-Street Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • No Heating
  • 100 Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0731605003300
  • $13,625 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,048

Year Built

Built in 1890 | Under Construction

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Directions: Route 6 Scranton Carbondale Highway, to PA 107 Exit towards Jermyn, at light turn right. Property on right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1890
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: City Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Inclusions: Newer Furnace & Water Heater located in Basement, AC Wall Unit on First Floor
  • Garage Yn: No
  • Reso Interior Features: See Remarks
  • New Construction: No
  • Reso Property Condition: Fixer, Under Construction
  • Reso Structure Type: Multi Family
  • Financial Info Electric: 100 Amp Service
  • AuctionYN: No
  • SchoolTaxAmount: 1768.12
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: None
  • Half Bathrooms: 1
  • Has Basement: Concrete
  • Flooring: None
  • Basement YN: Yes
  • Fireplace Features: None

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Chain Link
  • Waterfront: No
  • Exterior Features: Awning(s), Private Yard

Garage/Parking

  • Parking Features: Alley Access, Parking Pad, On Street, Off Street

Utilities

  • Cooling: Wall Unit(s)
  • Heating: None
  • Water Source: Public

Schools

  • Junior High Dist: Lakeland

Lot Info

  • Zoning: Commercial
  • Current Use: Vacant
  • Lot Dimensions: 50X170
  • Parcel #: 0731605003300

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3047.78
  • Tax Book Number: 2023-08310
  • Tax Other Annual Assessment Amount: 13625

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Dec 23, 2024
Sold by
Thomas Michael S and Pei Li
Bought by
Elk C Properties Llc
Seller's Agent
Jessica Suchter
Lewith & Freeman RE, Inc.
Buyer's Agent
Colin Striefsky
Real of Pennsylvania
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%
Views
4
Current Estimated Value
$155,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,173
Avg. Annual Appreciation
2.54%
Original Mortgage
$140,000
Outstanding Balance
$138,899
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$16,274

Purchase Details

Closed on
Jun 8, 2023
Sold by
Kapinus Michael E and Kapinus Michele
Bought by
Thomas Michael S and Li Thomas Pei

Purchase Details

Closed on
Jan 21, 2004
Bought by
Kapinus Michael E and Kapinus Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elk C Properties Llc $150,000 None Listed On Document
Elk C Properties Llc $150,000 None Listed On Document
Thomas Michael S $112,000 None Listed On Document
Kapinus Michael E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elk C Properties Llc $140,000
Closed Elk C Properties Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $150,000 -11.2% $27 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $169,000 -- $31 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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 $5,006 $13,625 $2,000 $11,625
2024 $2,959 $13,625 $2,000 $11,625
2023 $2,959 $13,625 $2,000 $11,625
2022 $2,888 $13,625 $2,000 $11,625
2021 $2,888 $13,625 $2,000 $11,625
2020 $2,874 $13,625 $2,000 $11,625
2019 $2,739 $13,625 $2,000 $11,625
2018 $2,712 $13,625 $2,000 $11,625
2017 $2,712 $13,625 $2,000 $11,625
2016 $1,534 $13,625 $2,000 $11,625
2015 -- $13,625 $2,000 $11,625
2014 -- $13,625 $2,000 $11,625
Source: Public Records

Agents Affiliated with this Home

  • Jessica Suchter

    Seller's Agent in 2024

    Jessica Suchter

    Lewith & Freeman RE, Inc.

    (570) 585-0626

    2 in this area

    85 Total Sales

    Jessica Suchter
    Section Image
  • Colin Striefsky

    Buyer's Agent in 2024

    Colin Striefsky

    Real of Pennsylvania

    (570) 510-3494

    14 in this area

    128 Total Sales

    Colin Striefsky
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC5389

Greater Scranton Board of REALTORS®

APN: 0731605003300

Pennsylvania Lackawanna County Jermyn 18433

547 Washington Ave, Jermyn, PA

Not Listed for Sale

MultiFamily

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.

Greater Scranton Board of REALTORS® Based on information submitted to the MLS GRID. 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. 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.
Based on information submitted to the MLS GRID

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