$242,250
SOLD AUG 26, 2024

607 Watt St Duryea, PA 18642

7 Beds
3 Baths
2,293 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

9% Below List Price

11 Days on Market

Highlights

  • Ceiling Fan
  • Heating System Uses Steam
  • 5-minute walk to Duryea Community Park
  • Baseboard Heating
  • Carpet

About This Home

As of August 2024

Welcome to this charming 3-unit building located in a serene and quiet neighborhood. Each unit is thoughtfully designed to provide comfortable living spaces, making it an ideal investment opportunity. The property is fully rented, ensuring immediate rental income for the new owner. Nestled in a peaceful area, residents enjoy a tranquil living environment while still being conveniently close to local amenities, schools, and parks. Each unit features modern updates and well-maintained interiors, offering a cozy and inviting atmosphere for tenants. The building's exterior is well-kept, enhancing its curb appeal and overall attractiveness. With a strong rental history and a desirable location, this property is perfect for investors seeking a reliable and profitable addition to their portfolio. Don't miss out on this fantastic opportunity to own a well-maintained, fully rented 3-unit building in a quiet, sought-after neighborhood.

Last Agent to Sell the Property

Heather Kishel-Schield

Coldwell Banker Town & Country Properties Moscow License #RS279133 Listed on: 07/17/2024

Coldwell Banker Town & Country Properties Moscow

Last Buyer's Agent

Kelly Oltmann

ERA One Source Realty License #RS222424L

ERA One Source Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x126x50x127

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,293 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Apartment Living Space in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Natural Gas Connected

Community Details

  • 3 Units
  • Gross Income $31,800

Listing and Financial Details

  • Total Actual Rent $31,800
  • Tenant pays for electricity, gas
  • The owner pays for sewer, taxes
  • Assessor Parcel Number 14-D12NW2-001-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From N Main Street Duryea Turn onto Stephenson St then Make a Right on Watt Street home is on the LEFT
  • Unit Levels: Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Asphalt
  • Above Grade Finished Sq Ft: 2293
  • New Construction: No
  • Financial Info Electric: Circuit Breakers
  • AuctionYN: No
  • SchoolTaxAmount: 1261.52
  • EnhancedAcccessible: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Has Basement: Apartment, Partially Finished
  • Flooring: Carpet, Vinyl
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Steam, Natural Gas, Electric
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Pittston Area

Lot Info

  • Zoning: R
  • Lot Dimensions: 50X126X50X127
  • Parcel #: 14-D12NW2-001-014

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Taxes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1871.58
  • Tax Book Number: 14-D12NW2-001-014-000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 31800
  • Total Actual Rent: 31800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 23, 2024
Sold by
Rbs Properties Llc
Bought by
Deguida Matthew and Korpaiski Paula Ann
Seller's Agent
Heather Kishel-Schield
Coldwell Banker Town & Country Properties Moscow
Buyer's Agent
Kelly Oltmann
ERA One Source Realty
List Price
$267,000
Sold Price
$242,250
Premium/Discount to List
-$24,750
-9.27%
Total Days on Market
11
Views
20
Current Estimated Value
$228,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,890
Avg. Annual Appreciation
-7.02%
Original Mortgage
$169,575
Outstanding Balance
$168,542
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$59,847

Purchase Details

Closed on
Jul 23, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Rbs Properties Llc

Purchase Details

Closed on
May 8, 2019
Sold by
Lydon Peter and Lydon Louella
Bought by
Nationstar Hecm Acquisition Trust 2018 3 and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Jan 6, 2011
Sold by
Lydon Peter
Bought by
Lydon Peter and Lydon Louella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.46%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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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 $242,250 None Listed On Document
Special Warranty Deed $48,555 None Available
Sheriffs Deed $1,758 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,575 New Conventional
Previous Owner $135,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $242,250 -9.3% $106 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $267,000 -- $116 / 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 $1,935 $75,600 $19,300 $56,300
2024 $1,935 $75,600 $19,300 $56,300
2023 $1,897 $75,600 $19,300 $56,300
2022 $1,861 $75,600 $19,300 $56,300
2021 $1,861 $75,600 $19,300 $56,300
2020 $1,818 $75,600 $19,300 $56,300
2019 $1,781 $75,600 $19,300 $56,300
2018 $1,743 $75,600 $19,300 $56,300
2017 $1,705 $75,600 $19,300 $56,300
2016 -- $75,600 $19,300 $56,300
2015 -- $75,600 $19,300 $56,300
2014 -- $75,600 $19,300 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3757

Greater Scranton Board of REALTORS®

APN: 14-D12NW2-001-014-000