NOT LISTED FOR SALE

620 N Locust St Hazleton, PA 18201

Estimated Value: $53,500

-- Bed
-- Bath
4,640 Sq Ft
$12/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $345,000 $74 Per Sq Ft

Current estimated payment $380/month

5 Days on Market

Highlights

  • Paneling
  • Heating System Uses Steam
  • Coin Laundry
  • Hot Water Heating System

About This Home

As of June 2022

This is a true money maker building, fully rented. It includes 7 apartments with the possibility of an extra apartment with the city approval. 4 two bedroom apartments, 2 one bedroom apartment and 1 studio, plus the possible extra studio with the city approval.

Last Agent to Sell the Property

Robert Arias

Benjamin Real Estate License #RS339954 Listed on: 05/21/2022

Last Buyer's Agent

Robert Arias

Benjamin Real Estate License #RS339954 Listed on: 05/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,965

Lot Details

  • Lot Dimensions are 32x108
  • Property is in below average condition

Parking

  • No Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 4,640 Sq Ft Home
  • Paneling
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

Building Details

  • Fuel Expense $6,600
  • Water Sewer Expense $3,650
  • Real Estate Tax Expense $3,965
  • Gross Income $58,750

Additional Features

  • 7 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,965

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: West on Diamond Avenue, make a right on Locust St. Drive until the corner of 6th St. The building will be on your left.
  • Est County Tax: 979.49
  • Estimated School Tax: 1909.07
  • EstTotalTax: 3964.95
  • Number of Dryers: 2
  • Number of Ranges: 8
  • Number of Refrigerators: 8
  • Age: 76 - 100 Yrs
  • Expenses Annual Sewer Exp: 3650.00
  • Expenses Annual Water Exp: 4400.00
  • Hot Water Heater: Gas
  • Listing Member Name: Robert Arias
  • Listing Office Short Id: 1867
  • Tax Municipality: Hazleton City
  • Open House Office I D: 20150916194857145730000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 3198
  • Selling Office Short Id: 1867
  • InteriorFinish: Drywall, Plaster, Paneling
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 4640.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: Y
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: Y
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: Y
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: Y
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: Y
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Unit6InfoElectricInRent: N
  • Unit6InfoHeatInRent: Y
  • Unit6InfoHotWaterInRent: Y
  • Unit6InfoSewerInRent: Y
  • Unit6InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full Unfinished
  • AppliancesNumberWasher: 2
  • Limited Service: No

Exterior Features

  • Property Condition: Fair
  • Exterior: Aluminum, Brick
  • Roof: Comp Shingle

Garage/Parking

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

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Electric, Gas
  • Heat Type: Steam
  • Sewer: Public
  • Hot Water: Public

Condo/Co-op/Association

  • Association Fees Include: 2 Coin operated washers, 2 Coin operated dryers, 8 refrigerators and 8 ranges
  • Number of Units: 7

Association/Amenities

  • MFAmenities: Street Lights, Coin-Op Washer/Dryer

Schools

  • School District: Hazleton
  • School District: Hazleton

Lot Info

  • Lot Size: 32x108
  • Zoning: Multi-Family

Multi Family

  • Income And Expenses Annual Gas Exp: 6600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2008
Sold by
Ziegler Drew A
Bought by
Wilkitis Michael S
Current Estimated Value
$53,500

Purchase Details

Closed on
Feb 28, 2007
Sold by
Brodginski Simon D
Bought by
Fernandez Ludovino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.98%
Mortgage Type
Commercial
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
Wilkitis Michael S $29,000 None Available
Fernandez Ludovino $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Ludovino $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $345,000 -10.4% $74 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $385,000 -- $83 / 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 $1,149 $40,000 $8,000 $32,000
2024 $1,076 $40,000 $8,000 $32,000
2023 $1,006 $40,000 $8,000 $32,000
2022 $999 $40,000 $8,000 $32,000
2021 $976 $40,000 $8,000 $32,000
2020 $872 $40,000 $8,000 $32,000
2019 $5,513 $40,000 $8,000 $32,000
2018 $869 $40,000 $8,000 $32,000
2017 $1,776 $88,700 $8,000 $80,700
2016 $1,263 $88,700 $8,000 $80,700
2015 -- $88,700 $8,000 $80,700
2014 -- $88,700 $8,000 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 22-2272

APN: 71-T8NW44-007-002-000