NOT LISTED FOR SALE

639 E Locust St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $267,494

Studio
-- Bath
3,600 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2014

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

Est. 167% increase in value since last sale

Current estimated payment $1,687 / mo

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 Agent to Sell the Property

Judy Cerra

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

Berkshire Hathaway Home Services Preferred Properties

Last Buyer's Agent

LOUISE WESOLOWSKI

ERA One Source Realty

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

3,485 Sq Ft Lot

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

Closed on
May 14, 2025
Sold by
Mcg Rentals Llc
Bought by
Mbh 639 E Locust Llc
Current Estimated Value
$267,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$138,732
Interest Rate
6.62%
Mortgage Type
Seller Take Back

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%

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
Source: Public Records
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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
Mbh 639 E Locust Llc $265,000 Parkland Abstract
M C G Rentals Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbh 639 E Locust Llc $140,000
Previous Owner M C G Rentals Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $24,410 $152,570 $45,350 $107,220
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

  • Judy Cerra

    Seller's Agent in 2014

    Judy Cerra

    Berkshire Hathaway Home Services Preferred Properties

    (570) 585-1500

    29 in this area

    181 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

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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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