NOT LISTED FOR SALE

628 Fig St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $253,000 - $357,000

Studio
-- Bath
2,920 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2024

Last sale price $225,000 $77 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,962 / mo

10 Days on Market

About This Home

As of March 2024

Turn-Key fully rented triplex in a nice section of Scranton. All 3 units are 2 bed, 1 bath. Rent for each unit way under market, with Potential for each unit upwards of 1k/ month or more. Condition of building and each unit is very nice. Very friendly tenants. Multi-Family properties in Scranton are selling like hotcakes due to more and more out of state investors taking a liking to the area. Consider adding this rare find to your portfolio, you will not be disappointed., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1460.00, SqFt Fin - 2nd: 1460.00

Last Agent to Sell the Property

Alexander Schwartz

Re/Max Realty Select License #RS354220 Listed on: 08/29/2023

Re/Max Realty Select

Last Buyer's Agent

Terri Backus

ERA One Source Realty License #RS274091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x200x40x200
  • Land Lease

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16711050016
  • $13,100 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $900
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1940

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Directions: at the corner of fig st and hertz ct
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: Other
  • Above Grade Finished Sq Ft: 2920
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1862.89
  • EnhancedAcccessible: No
  • WaterExpense: 900.00
  • SewerExpense: 900.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, On Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 40x200x40x200
  • Additional Parcels: No
  • Parcel #: 16711050016
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3931.64
  • Tax Book Number: 1233/777
  • Tax Other Annual Assessment Amount: 13100

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Mar 11, 2024
Sold by
Bought by
Seller's Agent
Alexander Schwartz
Re/Max Realty Select
Buyer's Agent
Terri Backus
ERA One Source Realty
List Price
$199,000
Sold Price
$225,000
Premium/Discount to List
$26,000
13.07%
Views
13
Current Estimated Value
$308,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,048
Avg. Annual Appreciation
-2.25%
Original Mortgage
$260,000
Outstanding Balance
$254,147
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$53,901

Purchase Details

Closed on
Aug 24, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1987
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 None Listed On Document
$150,000 None Listed On Document
$13,000 --
$30,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $225,000 -30.8% $77 / Sq Ft
02/29/2024 02/29/24 Sold $325,000 +44.4% $111 / Sq Ft View Prior Sale
02/29/2024 02/29/24 Off Market $225,000 -- --
02/02/2024 02/02/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $249,000 +25.1% $85 / Sq Ft
08/29/2023 08/29/23 For Sale $199,000 -- $68 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,603 $135,030 $32,540 $102,490
2025 $3,916 $12,400 $1,600 $10,800
2024 $3,574 $12,400 $1,600 $10,800
2023 $3,574 $12,400 $1,600 $10,800
2022 $3,495 $12,400 $1,600 $10,800
2021 $3,495 $12,400 $1,600 $10,800
2020 $3,428 $12,400 $1,600 $10,800
2019 $3,223 $12,400 $1,600 $10,800
2018 $3,223 $12,400 $1,600 $10,800
2017 $3,165 $12,400 $1,600 $10,800
2016 $918 $12,400 $1,600 $10,800
2015 $2,362 $12,400 $1,600 $10,800
2014 -- $12,400 $1,600 $10,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alexander Schwartz

    Re/Max Realty Select

    Section Image
  • Terri Backus

    Buyer's Agent in 2024

    Terri Backus

    ERA One Source Realty

    (570) 947-0100

    12 in this area

    85 Total Sales

    Terri Backus
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB233697

Greater Scranton Board of REALTORS®

APN: 16711050016

Pennsylvania Lackawanna County Scranton 18505 South Side

628 Fig St, Scranton, PA

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Greater Scranton Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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