NOT LISTED FOR SALE

615 Birch St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $252,000 - $488,000

-- Bed
-- Bath
3,970 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $280,000 $71 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,455/month

58 Days on Market

Highlights

  • Hot Water Heating System
  • Concrete Flooring
  • Property is in very good condition

About This Home

As of August 2021

Beautifully restored 4 unit money maker! Hardwood and tile floors. A must see to appreciate. You can live in one unit and the other units will pay the mortgage. Located in a very desirable neighborhood of Scranton. Come and see today!A lot can be done to increase the income on this property. Dont miss out on this property. A great 4 unit close to downtown and University!The property is occupied.

Last Agent to Sell the Property

Vikram Murgai

Ameriquest Realty Limited License #RB068897 Listed on: 05/18/2021

Last Buyer's Agent

Vikram Murgai

Ameriquest Realty Limited License #RB068897 Listed on: 05/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,634

Lot Details

  • Lot Dimensions are 40 x 162
  • Property is in very good condition

Home Design

  • Triplex
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Vinyl Siding
  • Stucco Exterior
  • Plaster

Interior Spaces

  • 3,970 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • 6 Off-Street Spaces

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,630
  • Fuel Expense $3,451
  • Water Sewer Expense $900
  • Real Estate Tax Expense $4,635
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,634

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Pittston Ave to Birch Street
  • Est County Tax: 1150.56
  • Estimated School Tax: 2553.77
  • EstTotalTax: 4634.48
  • Age: 76 - 100 Yrs
  • Annual Electric: 3630.00
  • Expenses Annual Sewer Exp: 900.00
  • Expenses Annual Water Exp: 2480.00
  • Listing Member Name: Vikram Murgai
  • Tax Municipality: Scranton City
  • NumberSpacesOffStreet: 6.00
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 3970.00
  • Unit1InfoElectricInRent: Y
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: Y
  • Unit2InfoHeatInRent: Y
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: Y
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Full Unfinished
  • Limited Service: No

Exterior Features

  • Property Condition: Very Good
  • Exterior: Stucco, Vinyl
  • Roof: Asbestos Shingles

Garage/Parking

  • Spaces: 0
  • Garage Type: None
  • Parking: Off-Street

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Gas
  • Heat Type: Hot Water Radiator
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Number of Units: 4

Schools

  • School District: Scranton

Lot Info

  • Lot Size: 40 X 162
  • Zoning: Multi-Family

Multi Family

  • Income And Expenses Annual Gas Exp: 3451.00

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 21, 2021
Sold by
Khalil Yousef
Bought by
Khan Properties Llc
Seller's Agent
Vikram Murgai
Ameriquest Realty Limited
Buyer's Agent
Vikram Murgai
Ameriquest Realty Limited
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%
Current Estimated Value
$374,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,805
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Oct 5, 2016
Sold by
Bank Of New York Mellon
Bought by
Khalil Yousef

Purchase Details

Closed on
Feb 16, 2007
Sold by
Holston Ernest Thomas and Holston Janice M
Bought by
George Curt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Properties Llc $280,000 Roaring Brook Abstract Co
Khalil Yousef $190,000 None Available
George Curt $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Curt $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $280,000 -6.7% $71 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $300,000 -- $76 / Sq Ft
Source: Luzerne County Association 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 $5,709 $18,000 $2,450 $15,550
2024 $5,212 $18,000 $2,450 $15,550
2023 $5,212 $18,000 $2,450 $15,550
2022 $5,097 $18,000 $2,450 $15,550
2021 $5,097 $18,000 $2,450 $15,550
2020 $5,001 $18,000 $2,450 $15,550
2019 $4,702 $18,000 $2,450 $15,550
2018 $4,702 $18,000 $2,450 $15,550
2017 $4,617 $18,000 $2,450 $15,550
2016 -- $18,000 $2,450 $15,550
2015 $3,450 $18,000 $2,450 $15,550
2014 -- $18,000 $2,450 $15,550
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vikram Murgai

    Ameriquest Realty Limited

    (570) 817-4380

    1 in this area

    8 Total Sales

    Vikram Murgai
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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-2246

APN: 15620020044

Pennsylvania Lackawanna County Scranton 18505 South Side

615 Birch St, Scranton, PA

Not Listed for Sale

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