NOT LISTED FOR SALE

639 E Locust St Scranton, PA 18505

South Side Neighborhood
-- Bed
-- Bath
3,600 Sq Ft
3,485 Sq Ft Lot

Last Sold February 24, 2014

Last sale price $100,000 $28 Per Sq Ft

460 Days on Market

Highlights

  • Deck
  • Porch
  • Heating System Uses Natural Gas
  • Corner Lot
  • Wood Siding

About This Home

As of February 2014

6 unit South Scranton income producing property with low maintenance. Five of the 6 units are rented. Most of units are electric heat, tenants pay. Side lot included in sale. Tax ID# 16707050062, 50 x 71, Motivated Seller!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1800.00, SqFt Fin - 2nd: 1800.00, Additional Info: Approx 14% CAP return. All information approximate and not guaranteed. Turn Key Operation

Last Listed By

Judy Cerra

Berkshire Hathaway Home Services Preferred Properties License #RS314785 Listed on: 09/20/2012

Berkshire Hathaway Home Services Preferred Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x79
  • Corner Lot
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 3 Parking Spaces
  • Parking Pad
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16707050061
  • $20,000 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • Water Sewer Expense $720
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: South on Pittston Ave from Center City, to E Locust St(across from cemetary), take right onto E Locust, 2 blocks on left
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.08
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Corner Lot, Level
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 3600
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2227.20
  • EnhancedAcccessible: No
  • WaterExpense: 720.00
  • SewerExpense: 700.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Parking Features: Concrete, Parking Pad, On Street, Off Street, Driveway
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: C06 Tax Map
  • Land Lease: No
  • Lot Dimensions: 50X79
  • Additional Parcels: No
  • Parcel #: 16707050061
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4059.51
  • Tax Book Number: 2004-30109
  • Tax Other Annual Assessment Amount: 20000

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 25800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Feb 19, 2014
Sold by
Randazzo Gaspare and Randazzo Marianna
Bought by
M C G Rentals Llc
Seller's Agent
Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
LOUISE WESOLOWSKI
ERA One Source Realty
List Price
$139,000
Sold Price
$100,000
Premium/Discount to List
-$39,000
-28.06%
Total Days on Market
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.39%
Mortgage Type
Commercial

Range of Values:

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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
M C G Rentals Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcg Rentals Llc $645,000
Closed M C G Rentals Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $100,000 -28.1% $28 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
09/20/2012 09/20/12 For Sale $139,000 -- $39 / 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 $7,025 $21,750 $3,600 $18,150
2024 $6,422 $21,750 $3,600 $18,150
2023 $6,422 $21,750 $3,600 $18,150
2022 $6,280 $21,750 $3,600 $18,150
2021 $6,280 $21,750 $3,600 $18,150
2020 $6,164 $21,750 $3,600 $18,150
2019 $5,798 $21,750 $3,600 $18,150
2018 $5,798 $21,750 $3,600 $18,150
2017 $5,696 $21,750 $3,600 $18,150
2016 $1,755 $21,750 $3,600 $18,150
2015 $4,279 $21,750 $3,600 $18,150
2014 -- $20,000 $1,850 $18,150
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Judy Cerra

    Berkshire Hathaway Home Services Preferred Properties

    (570) 585-1500

    30 in this area

    188 Total Sales

    Judy Cerra
    Section Image

  • L

    Buyer's Agent in 2014

    LOUISE WESOLOWSKI

    ERA One Source Realty

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB124384

Greater Scranton Board of REALTORS®

APN: 16707050061

Pennsylvania Lackawanna County Scranton 18505 South Side

639 E Locust St, Scranton, PA

Homes for Sale in Scranton, PA

This home is located at 639 E Locust St, Scranton, PA 18505 since 20 September 2012. This property was built in 1930. 639 E Locust St is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, 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.

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