NOT LISTED FOR SALE

609 E Gibson St Scranton, PA 18510

Pine Brook Neighborhood

Estimated Value: $295,336 - $405,000

0.16 Acre
$2,188,550 Price per Acre
6,970 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $250,000

Est. 40% increase in value since last sale

Current estimated payment $2,155/month

80 Days on Market

About This Lot

As of March 2023

Development opportunity of a lifetime! This lot is approved by the city of Scranton for a 12 unit apartment complex and best of all you will pay no taxes on the improvements for 10 years! This lot is located directly behind the Geisinger Medical College, making this the perfect location for medical student rentals!, Tax Information: Available

Last Agent to Sell the Property

Pat Rogan

The Hub Real Estate Group LLC License #RM425864 Listed on: 11/15/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,000

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 76x90
  • Property fronts a state road
  • Level Lot
  • Zoning described as Multi-Family

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14669020004
  • $8,000 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$3,000

Lot Details

0

Listing Details

  • Directions: E Gibson St directly behind Medical College
  • Lot Size Acres: 0.16
  • Prop. Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Horses: No
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Paved
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Exclusions: No
  • Builder Name: Any Builder
  • RoadFrontageLength: 76.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Sidewalks

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 76X90
  • Additional Parcels: No
  • Parcel #: 14669020004
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3000
  • Tax Book Number: 2014-16466
  • Tax Other Annual Assessment Amount: 8000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 13, 2023
Sold by
Synergy Pa Asset Group Llc
Bought by
Kjmsam Llc
Seller's Agent
Pat Rogan
The Hub Real Estate Group LLC
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$298,000
Sold Price
$250,000
Premium/Discount to List
-$48,000
-16.11%
Views
139
Current Estimated Value
$350,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,168
Avg. Annual Appreciation
12.79%

Purchase Details

Closed on
Feb 1, 2022
Sold by
609 Gibson Llc
Bought by
Synergy Pa Asset Group Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Freda Benedetto and Freeda Nora
Bought by
609 Gibson Llc
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 Buyer Sale Price Title Company
Kjmsam Llc $250,000 --
Synergy Pa Asset Group Llc $35,000 None Listed On Document
609 Gibson Llc $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $250,000 -13.2% --
02/03/2023 02/03/23 Pending -- -- --
01/28/2023 01/28/23 Price Changed $288,000 -3.4% --
11/15/2022 11/15/22 For Sale $298,000 -- --
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 $3,896 $8,000 $8,000 $0
2024 $3,649 $8,000 $8,000 $0
2023 $3,649 $8,000 $8,000 $0
2022 $3,571 $8,000 $8,000 $0
2021 $5,631 $16,000 $8,000 $8,000
2020 $5,545 $16,000 $8,000 $8,000
2019 $5,239 $16,000 $8,000 $8,000
2018 $5,239 $16,000 $8,000 $8,000
2017 $5,164 $16,000 $8,000 $8,000
2016 $0 $16,000 $8,000 $8,000
2015 $4,069 $16,000 $8,000 $8,000
2014 -- $8,000 $4,000 $4,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pat Rogan

    The Hub Real Estate Group LLC

  • N

    Buyer's Agent in 2023

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB225022

Greater Scranton Board of REALTORS®

APN: 14669020004

Pennsylvania Lackawanna County Scranton 18509 Pine Brook

609 E Gibson St, Scranton, PA

Not Listed for Sale

Lots

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Greater Scranton Board of REALTORS® 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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