NOT LISTED FOR SALE

634 Prospect Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $262,000 - $390,000

Studio
-- Bath
5,142 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $280,000 $54 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,302/month

11 Days on Market

About This Home

As of December 2022

Massive 4 unit building with the potential for a 5th apartment or commercial space. These units have beautiful hardwood floors and many other recent updates including a new metal roof. Coin op laundry and a garage in back for extra income., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 3102.00, SqFt Fin - 2nd: 2040.00

Last Agent to Sell the Property

Pat Rogan

The Hub Real Estate Group LLC License #RM425864 Listed on: 11/29/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x84
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Converted Dwelling
  • Metal Roof
  • Stucco

Interior Spaces

  • 5,142 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Coin Laundry
  • Water Sewer Expense $4,000

Listing and Financial Details

  • Assessor Parcel Number 15620030002
  • $20,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,773

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Directions: Corner of Prospect and Willow in Scranton
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.1
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1915
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Amenities: Coin Laundry
  • Above Grade Finished Sq Ft: 5142
  • Architectural Style: Converted
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2859.74
  • EnhancedAcccessible: No
  • WaterExpense: 4000.00
  • SewerExpense: 0.00
  • 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: Metal
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • RoadFrontageLength: 134.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt

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: 50X84
  • Additional Parcels: No
  • Parcel #: 15620030002
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5772.98
  • Tax Book Number: 201123406
  • Tax Other Annual Assessment Amount: 20000

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 30, 2022
Sold by
Mitchell Michael
Bought by
Bakhriyev Osman
Seller's Agent
Pat Rogan
The Hub Real Estate Group LLC
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$299,995
Sold Price
$280,000
Premium/Discount to List
-$19,995
-6.67%
Views
9
Current Estimated Value
$337,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,445
Avg. Annual Appreciation
6.31%
Original Mortgage
$180,000
Outstanding Balance
$174,413
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$163,032

Purchase Details

Closed on
Dec 9, 2011
Sold by
Boccagno Phillip and Ruggiero Md Dominic
Bought by
Mitchell Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.09%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Bakhriyev Osman $280,000 --
Mitchell Michael $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakhriyev Osman $180,000
Previous Owner Mitchell Michael $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $280,000 -6.7% $54 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $299,995 -- $58 / 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 $6,457 $20,000 $3,300 $16,700
2024 $5,903 $20,000 $3,300 $16,700
2023 $5,903 $20,000 $3,300 $16,700
2022 $5,773 $20,000 $3,300 $16,700
2021 $5,773 $20,000 $3,300 $16,700
2020 $5,666 $20,000 $3,300 $16,700
2019 $5,330 $20,000 $3,300 $16,700
2018 $5,330 $20,000 $3,300 $16,700
2017 $5,236 $20,000 $3,300 $16,700
2016 $1,612 $20,000 $3,300 $16,700
2015 $3,933 $20,000 $3,300 $16,700
2014 -- $20,000 $3,300 $16,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Pat Rogan

    The Hub Real Estate Group LLC

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON MEMBER

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB225163

Greater Scranton Board of REALTORS®

APN: 15620030002

Pennsylvania Lackawanna County Scranton 18505 South Side

634 Prospect Ave, Scranton, PA

Not Listed for Sale

MultiFamily

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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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