NOT LISTED FOR SALE

Estimated Value: $197,000 - $242,000

6 Beds
2 Baths
2,800 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $200,000 $71 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,531/month

10 Days on Market

Highlights

  • Deck
  • Private Yard
  • Eat-In Kitchen
  • Wood Flooring
  • Front Porch
  • 2-minute walk to Connors Park

About This Home

As of June 2024

Embrace the charm of South Scranton as you explore this remarkable 2-unit investment property, nestled conveniently close to downtown Scranton and Scranton University. Boasting modern updates and convenience, including a 1-year-old roof and recent renovations, this property is a gem for both investors and homeowners alike.With two units ready to accommodate tenants or occupants, this property offers versatility and potential income streams. Whether you're considering renting out both units or living in one while leasing the other, this property provides options to suit your needs.Residents will appreciate the proximity to local amenities, schools, and transportation options. This property presents an enticing opportunity to invest in the flourishing South Scranton area while enjoying the benefits of a well-maintained and updated investment property.

Last Agent to Sell the Property

Zachary Meckes

Keller Williams Real Estate-Clarks Summit License #RS370011 Listed on: 04/11/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Zachary Meckes

Keller Williams Real Estate-Clarks Summit License #RS370011 Listed on: 04/11/2024

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 85x50
  • Cleared Lot
  • Few Trees
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Front Porch

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 15660030007
  • $12,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,715

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Directions: At the start of Pittston Ave, make first left on Hemlock
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Basement
  • ResoLotFeatures: Cleared, Few Trees
  • Above Grade Finished Sq Ft: 2800
  • Architectural Style: Duplex Up & Down
  • Reso Interior Features: Eat-in Kitchen, Storage
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Duplex
  • AuctionYN: No
  • SchoolTaxAmount: 1774.18
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Has Basement: Full, Unfinished
  • Flooring: Hardwood, Tile
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Private Yard
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Parking Features: On Street

Utilities

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

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R1
  • Current Use: Vacant
  • Lot Dimensions: 85X50
  • Parcel #: 15660030007

Rental Info

  • Owner Pays: Insurance, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3714.85
  • Tax Book Number: 1158/0828
  • Tax Other Annual Assessment Amount: 12000

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 31, 2024
Sold by
Wyoming Manor Llc
Bought by
L & J Real Estate Holdings I Llc
Seller's Agent
Zachary Meckes
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Zachary Meckes
Keller Williams Real Estate-Clarks Summit
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Total Days on Market
10
Views
58
Current Estimated Value
$213,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,023
Avg. Annual Appreciation
6.32%
Original Mortgage
$160,000
Outstanding Balance
$158,697
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$54,326

Purchase Details

Closed on
Aug 25, 2022
Sold by
Adedoyin Allu
Bought by
Wyoming Manor Llc

Purchase Details

Closed on
Feb 5, 2004
Bought by
Allu Adedoyin
Source: Public Records

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Range of Values:

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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
L & J Real Estate Holdings I Llc $200,000 None Listed On Document
Wyoming Manor Llc $75,000 --
Allu Adedoyin $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & J Real Estate Holdings I Llc $160,000
Previous Owner Allu Adedoyin $3,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $200,000 -2.4% $71 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $205,000 -- $73 / 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 $4,075 $12,000 $3,000 $9,000
2024 $3,738 $12,000 $3,000 $9,000
2023 $3,738 $12,000 $3,000 $9,000
2022 $3,657 $12,000 $3,000 $9,000
2021 $3,657 $12,000 $3,000 $9,000
2020 $3,592 $12,000 $3,000 $9,000
2019 $3,383 $12,000 $3,000 $9,000
2018 $3,383 $12,000 $3,000 $9,000
2017 $3,327 $12,000 $3,000 $9,000
2016 $1,153 $12,000 $3,000 $9,000
2015 $2,207 $12,000 $3,000 $9,000
2014 -- $12,000 $3,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1932

Greater Scranton Board of REALTORS®

APN: 15660030007