$785,000
SOLD JUN 22, 2023

622 Jefferson Ave Scranton, PA 18510

Hill Section Neighborhood
-- Bed
-- Bath
9,000 Sq Ft
0.31 Acres

Recently Sold

$87 Per Sq Ft

5% Above List Price

191 Days on Market

Highlights

  • 0.31 Acre Lot
  • Living Room
  • Dining Room

About This Home

As of June 2023

Great Investment opportunity in the heart of downtown Scranton. tenants pay all utilities, within walking distance to hospitals and local colleges with newly renovated units and a 16 car parking lot. 7 separate meters for gas and electric., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 3000.00, SqFt Fin - Main: 3000.00, SqFt Fin - 2nd: 3000.00

Last Agent to Sell the Property

Jennifer McGinley

Next Door Real Estate LLC License #AB068701 Listed on: 10/04/2022

Last Buyer's Agent

Kelly McDonald

Cobblestone Real Estate LLC License #RS358325

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 85x160

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 9,000 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 16 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,300
  • Assessor Parcel Number 14677020003
  • $27,000 per year additional tax assessments

Community Details

Overview

  • 7 Units

Building Details

  • Water Sewer Expense $4,200
  • Gross Income $99,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,074

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Up Mulberry st to left on Jefferson. Building on right
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.31
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Other, See Remarks
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 9000
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 3715.74
  • EnhancedAcccessible: No
  • WaterExpense: 4200.00
  • SewerExpense: 1000.00
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 1300.00
  • GSB_UnitTypeSecurityDeposit: 1250.00
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 1300.00
  • GSB_UnitTypeSecurityDeposit: 1400.00
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeSecurityDeposit: 620.00
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeSecurityDeposit: 1100.00
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 0.00
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Brick, Stucco
  • RoadFrontageLength: 85.00

Garage/Parking

  • Parking Features: Asphalt, Other, See Remarks, Paved
  • Total Parking Spaces: 16

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 85X160
  • Additional Parcels: No
  • Parcel #: 14677020003
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9074.29
  • Tax Book Number: 0001/0479
  • Tax Other Annual Assessment Amount: 27000

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 99600

Similar Homes in Scranton, PA

  • 622 Jefferson Ave, Scranton, PA 18510

    $850,000

    • 14 Beds
    • 10 Baths
    • 9,000 Sq Ft
    • 622 Jefferson Ave
    • Scranton, PA

    BACK ON MARKET WITH BRAND NEW ROOF!Prime opportunity with this 7-unit multifamily property, ideally situated near major hospitals and schools, and perfect for tenants seeking convenience with this location. This income-generating property offers separate utilities, 16 parking spots behind the building, solid income potential, good tenant layouts, and would be a perfect addition to any investor's

    Kelly McDonald Cobblestone Real Estate LLC

    Section Image
  • 228 Prescott Ave, Scranton, PA 18510

    $599,999

    • 12 Beds
    • 1 Bath
    • 3,500 Sq Ft
    • 228 Prescott Ave
    • Scranton, PA

    Investors - Don't Miss This Opportunity!Fully rented and just a 5-minute walk from the University of Scranton, this 4-unit apartment building is a prime investment for college rentals. Each unit features: 3 Bedrooms, 1 Bathroom, Separate Utilities,Recently Renovated & Well-Maintained,Rear Parking for 4-5 CarsWith strong rental history and ideal location near campus, this turn-key property offers

    Ciara Weidow The Hub Real Estate Group Scranton

    Section Image
See All Homes in Scranton

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $850,000 -2.9% $94 / Sq Ft
03/05/2025 03/05/25 For Sale $875,000 +2.9% $97 / Sq Ft
01/20/2025 01/20/25 Off Market $850,000 -- --
12/04/2024 12/04/24 For Sale $850,000 +8.3% $94 / Sq Ft
06/22/2023 06/22/23 Sold $785,000 -12.7% $87 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/18/2023 03/18/23 Price Changed $899,000 -5.4% $100 / Sq Ft
12/27/2022 12/27/22 Price Changed $950,000 +27.5% $106 / Sq Ft
10/04/2022 10/04/22 For Sale $745,000 +132.8% $83 / Sq Ft
09/16/2020 09/16/20 Sold $320,000 -13.5% $37 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $370,000 0.0% $43 / Sq Ft
04/03/2015 04/03/15 Rented $7,800 +1100.0% --
04/02/2015 04/02/15 Under Contract -- -- --
12/02/2014 12/02/14 For Rent $650 -- --
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelly McDonald

    Cobblestone Real Estate LLC

    (570) 500-5254

    5 in this area

    35 Total Sales

    Kelly McDonald
    Section Image
  • Jennifer McGinley

    Seller's Agent in 2023

    Jennifer McGinley

    Next Door Real Estate LLC

    (570) 407-0325

    5 in this area

    70 Total Sales

    Jennifer McGinley
    Section Image

  • K

    Seller's Agent in 2020

    Kimberly Korgeski

    Keller Williams Real Estate-Clarks Summit

  • J

    Seller's Agent in 2015

    Jason Thomas

    C21 Jack Ruddy Real Estate

  • T

    Buyer's Agent in 2015

    Thomas Sesso

    C21 Jack Ruddy Real Estate

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB224448

Greater Scranton Board of REALTORS®

APN: 14677020003

Pennsylvania Lackawanna County Scranton 18510 Hill Section

622 Jefferson Ave, Scranton, PA

This home is located at 622 Jefferson Ave, Scranton, PA 18510 and is currently priced at $785,000, approximately $87 per square foot. This property was built in 1920. 622 Jefferson Ave is a home located in Lackawanna County with nearby schools including John Adams Elementary School, Northeast Scranton Intermediate School, 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.

Nearby Homes