NOT LISTED FOR SALE

616 S Webster Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $190,000 - $410,000

-- Bed
-- Bath
3,088 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $216,000 $70 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,952/month

7 Days on Market

Highlights

  • Deck
  • Heating System Uses Steam
  • Level Lot
  • Porch

About This Home

As of October 2022

GREAT INVESTMENT PROPERTY! Fully occupied 3 unit rental property in South Scranton. Tons of room to increase rents. Two buildings, one 2 unit and a single family., Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1544.00, SqFt Fin - 2nd: 1544.00

Last Agent to Sell the Property

Casey Donahue

D & D REALTY License #RS319764 Listed on: 08/22/2022

Last Buyer's Agent

Doreen Salt

CLASSIC PROPERTIES License #RS319611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,884

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15620030035
  • $17,500 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,884

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Moosic Street to S. Webster Ave. House is on the Right.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 3088
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2502.27
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X140
  • Additional Parcels: No
  • Parcel #: 15620030035
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4883.66
  • Tax Book Number: 201306605
  • Tax Other Annual Assessment Amount: 17500

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 17, 2022
Sold by
Roi Properties Of Pennsylvania Llc
Bought by
Orrego Juancarlos and Perez Sandra
Seller's Agent
Casey Donahue
D & D REALTY
Buyer's Agent
Doreen Salt
CLASSIC PROPERTIES
List Price
$195,000
Sold Price
$216,000
Premium/Discount to List
$21,000
10.77%
Current Estimated Value
$273,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,184
Avg. Annual Appreciation
5.14%
Original Mortgage
$162,000
Outstanding Balance
$156,881
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$91,935

Purchase Details

Closed on
Jul 12, 2022
Sold by
Cipolla Rudolph M
Bought by
Roi Properties Of Pennsylvania Llc

Purchase Details

Closed on
Mar 29, 2013
Sold by
Kramer Lillian M and Kramer Paul
Bought by
Cipolla Rudolph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,400
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Orrego Juancarlos $216,000 --
Roi Properties Of Pennsylvania Llc $143,000 None Listed On Document
Cipolla Rudolph M $93,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orrego Juancarlos $162,000
Previous Owner Cipolla Rudolph M $93,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $216,000 +10.8% $70 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $195,000 -- $63 / 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 $5,476 $17,500 $2,000 $15,500
2024 $4,994 $17,500 $2,000 $15,500
2023 $4,994 $17,500 $2,000 $15,500
2022 $1,119 $17,500 $2,000 $15,500
2021 $4,884 $17,500 $2,000 $15,500
2020 $4,790 $17,500 $2,000 $15,500
2019 $4,502 $17,500 $2,000 $15,500
2018 $4,502 $17,500 $2,000 $15,500
2017 $4,420 $17,500 $2,000 $15,500
2016 $1,249 $17,500 $2,000 $15,500
2015 $3,288 $17,500 $2,000 $15,500
2014 -- $17,500 $2,000 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Casey Donahue

    Seller's Agent in 2022

    Casey Donahue

    D & D REALTY

    (570) 983-9996

    5 in this area

    24 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Doreen Salt

    CLASSIC PROPERTIES

    (570) 241-5729

    3 in this area

    33 Total Sales

    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB223789

Greater Scranton Board of REALTORS®

APN: 15620030035

Pennsylvania Lackawanna County Scranton 18505 South Side

616 S Webster Ave, Scranton, PA

This home is located at 616 S Webster Ave, Scranton, PA 18505 since 22 August 2022 and is currently estimated at $285,608, approximately $92 per square foot. This property was built in 1950. 616 S Webster Ave is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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