NOT LISTED FOR SALE

624 S Main St Old Forge, PA 18518

Estimated Value: $200,788 - $233,000

5 Beds
3 Baths
2,800 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $195,000 $70 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,516/month

31 Days on Market

About This Home

As of June 2024

Great Investment Opportunity in The Heart of Old Forge. 2 Units Previously Updated And Currently Occupied. 3rd Unit is Currently Vacant And in Need of Minor Cosmetic Improvements.

Last Agent to Sell the Property

Patrick Mascia

Keller Williams Real Estate-Clarks Summit License #AB067756 Listed on: 03/08/2024

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Noah Donahue

Nisk Real Estate License #RS368073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,238

Year Built

  • Built in 1935

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x177x50x176

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 17520010006
  • $14,000 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,350
  • Water Sewer Expense $1,800
  • Gross Income $28,200
  • Net Operating Income $21,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,238

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Directions: Follow I-476 S to S Keyser Ave in Taylor. Take exit 122 from I-476 SContinue on S Keyser Ave. Take Milwaukee Ave to S Main St in Old Forge
  • Unit Levels: Two
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1935
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2800
  • Garage Yn: Yes
  • New Construction: No
  • Reso Structure Type: Multi Family
  • AuctionYN: No
  • SchoolTaxAmount: 2038.72
  • EnhancedAcccessible: No
  • SewerExpense: 1800.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating: Electric, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Lot Dimensions: 50X177X50X176
  • Parcel #: 17520010006

Tax Info

  • Tax Year: 2023
  • New Taxes Expense: 3238.1
  • Tax Annual Amount: 3238.1
  • Tax Book Number: 1328/0726
  • Tax Other Annual Assessment Amount: 14000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28200
  • Insurance Expense: 1350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 16, 2024
Sold by
Aukamp Winfield E
Bought by
Fisher Moshe
Seller's Agent
Patrick Mascia
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Noah Donahue
Nisk Real Estate
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%
Views
62
Current Estimated Value
$222,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,697
Avg. Annual Appreciation
6.63%
Original Mortgage
$180,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 28, 2020
Closed on
Aug 7, 2020
Sold by
Conforti Jacqueline and Conforti Angelo
Bought by
Aukamp Winfield E
Seller's Agent
Robert Vanston
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Patrick Mascia
Keller Williams Real Estate-Clarks Summit
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$88,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2016
Sold by
Janesko Rose Marie
Bought by
Conforti Jacqueline and Thomas Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,150
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1990
Bought by
Janesko Julius and Rose Marie
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
Fisher Moshe $195,000 None Listed On Document
Aukamp Winfield E $118,000 None Available
Conforti Jacqueline $54,000 None Available
Janesko Julius $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Moshe $195,000
Closed Fisher Moshe $180,000
Previous Owner Aukamp Winfield E $88,500
Previous Owner Conforti Jacqueline $164,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $195,000 -11.0% $70 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $219,000 +85.6% $78 / Sq Ft
08/07/2020 08/07/20 Sold $118,000 -5.5% $42 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $124,900 -- $45 / 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 $3,631 $14,000 $2,000 $12,000
2024 $3,238 $14,000 $2,000 $12,000
2023 $3,238 $14,000 $2,000 $12,000
2022 $3,129 $14,000 $2,000 $12,000
2021 $3,044 $14,000 $2,000 $12,000
2020 $3,009 $14,000 $2,000 $12,000
2019 $2,883 $14,000 $2,000 $12,000
2018 $2,855 $14,000 $2,000 $12,000
2017 $2,855 $14,000 $2,000 $12,000
2016 $1,767 $14,000 $0 $0
2015 -- $14,000 $0 $0
2014 -- $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC1414

Greater Scranton Board of REALTORS®

APN: 17520010006