$255,000
SOLD MAR 27, 2025

603 Morgan St Scranton, PA 18519

4 Beds
3 Baths
2,450 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Living Room
  • 2 Car Detached Garage
  • Bay Window
  • Dining Room

About This Home

As of March 2025

Rare investment opportunity for such a desirable location! Well-maintained 3-unit with a 2-car garage sitting on a large corner lot!!Open concept living, detached 2-car garage with storage, nice backyard, corner lot, lovely neighborhood, and a large front porch make this an ideal place for tenants to enjoy.Two units (left side) are 1-bedroom apartments while the right-side unit is half the home boasting 2 large bedrooms, HUGE bathroom that was once a bedroom, large living, dining and kitchen areas. This investment property is ideal for all your investors, whether you're a seasoned investor or for your first timers as the taxes are low and it's located in a nice, quiet neighborhood, but yet, centrally located to your local amenities.Please do not delay on this one. Priced to Sell!

Last Agent to Sell the Property

Kelly McDonald

Cobblestone Real Estate LLC License #RS358325 Listed on: 01/28/2025

Co-Listed By

Casie Lynott

Cobblestone Real Estate LLC License #RS353851

Last Buyer's Agent

Nicole Clark

C21 Jack Ruddy Real Estate License #RS325727

C21 Jack Ruddy Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Interior Basement Entry
  • Laundry in Basement

Additional Features

  • Porch
  • Natural Gas Connected

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • The owner pays for water, taxes, sewer
  • Assessor Parcel Number 12408010054
  • $8,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Directions: Main Avenue. Turn onto Grier (by Smiler's Bar). House is on the left-hand side encompassing the corner of Grier and Morgan Streets.
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1960
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Back Yard, Not In Development, Corner Lot
  • Co List Office Mls Id: GSBcobble
  • Co List Office Phone: (570) 500-5254
  • Above Grade Finished Sq Ft: 2450
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Garage(s)
  • Reso Structure Type: Multi Family
  • ResoWindowFeatures: Bay Window(s)
  • AuctionYN: No
  • SchoolTaxAmount: 1072.87
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Has Basement: Interior Entry
  • Number Of Buildings: 1
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Off Street, On Street, Driveway

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Zoning: R1
  • Lot Dimensions: 50X150
  • Parcel #: 12408010054
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: See Remarks, Water, Taxes, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1792.23
  • Tax Book Number: 201308682
  • Tax Other Annual Assessment Amount: 8000

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Mar 12, 2025
Sold by
Sebastianelli Angela D and Sebastianelli Ernest J
Bought by
Vivster 603 Morgan S Llc
Seller's Agent
Kelly McDonald
Cobblestone Real Estate LLC
Buyer's Agent
Nicole Clark
C21 Jack Ruddy Real Estate
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
28
Current Estimated Value
$268,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,327
Avg. Annual Appreciation
7.55%
Original Mortgage
$204,000
Outstanding Balance
$202,956
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$65,371

Purchase Details

Closed on
Apr 30, 2013
Sold by
Barren Beverly
Bought by
Sebastianelli Ernest J and Sorcinelli Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Deed $255,000 None Listed On Document
Deed $130,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $97,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Sold $255,000 -7.3% $104 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $275,000 -- $112 / Sq Ft
Source: Greater Scranton Board 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 $2,094 $8,000 $0 $8,000
2024 $1,750 $8,000 $0 $8,000
2023 $1,750 $8,000 $0 $8,000
2022 $1,706 $8,000 $0 $8,000
2021 $1,706 $8,000 $0 $8,000
2020 $1,682 $8,000 $0 $8,000
2019 $1,560 $8,000 $0 $8,000
2018 $1,532 $8,000 $0 $8,000
2017 $1,532 $8,000 $0 $8,000
2016 $906 $8,000 $0 $0
2015 -- $8,000 $0 $0
2014 -- $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC250423

Greater Scranton Board of REALTORS®

APN: 12408010054