$142,500
SOLD SEP 20, 2021

640 Alder St Scranton, PA 18505

South Side Neighborhood
-- Bed
-- Bath
3,200 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

5% Below List Price

39 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Heating System Uses Steam
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of September 2021

Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00, Additional Info: Single house in front . Duplex in the back. Over sized one car garage. The front house has 6 rooms 3 bed, 1 bath. Tenant in house pays heat and electric. The rear is 6 rooms up and 6 down. 2 bedrooms one bath. Separate electric and seller pays the heat. This is a great investment for anyone. Live in one rent out the other.

Last Agent to Sell the Property

Loren Keim

Century 21 Keim Realtors License #RM420221 Listed on: 06/15/2021

Century 21 Keim Realtors

Last Buyer's Agent

Kelly Oltmann

ERA One Source Realty License #RS222424L

ERA One Source Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x162
  • Property fronts a private road
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range
  • Gas Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 15620030040
  • $14,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Water Sewer Expense $835
  • Gross Income $26,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Directions: South on Pittston to left on Alder
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1935
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup, None
  • ResoLotFeatures: Corner Lot, Level
  • Road Frontage Type: Private Road
  • ResoSecurityFeatures: Smoke Detector(s)
  • Above Grade Finished Sq Ft: 3200
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1926.68
  • EnhancedAcccessible: No
  • WaterExpense: 835.00
  • SewerExpense: 410.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range
  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Paved, On Street, Off Street, Garage, Driveway, Detached

Utilities

  • Cooling: Ceiling Fan(s), None, Gas
  • Heating: Hot Water, Steam, Radiant, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X162
  • Additional Parcels: No
  • Parcel #: 15620030040
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3992.4
  • Tax Book Number: 1571/0290
  • Tax Other Annual Assessment Amount: 14000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Sep 20, 2021
Sold by
Colangelo Donald J
Bought by
Scranton Rentals Llc
Seller's Agent
Loren Keim
Century 21 Keim Realtors
Buyer's Agent
Kelly Oltmann
ERA One Source Realty
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.53%
Original Mortgage
$154,900
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 1996
Bought by
Colangelo Donald and Engle Mark
Source: Public Records

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 Type Sale Price Title Company
Deed $142,500 New Title Company Name
Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,228 New Conventional
Open $164,000 New Conventional
Previous Owner $154,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $367,500 -2.6% $115 / Sq Ft
04/17/2025 04/17/25 Price Changed $377,500 -1.9% $118 / Sq Ft
03/18/2025 03/18/25 For Sale $385,000 0.0% $120 / Sq Ft
09/07/2022 09/07/22 Rented $18,840 +1156.0% --
08/18/2022 08/18/22 Under Contract -- -- --
08/03/2022 08/03/22 For Rent $1,500 0.0% --
09/20/2021 09/20/21 Sold $142,500 -4.9% $45 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $149,900 -- $47 / 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 $4,548 $14,000 $2,450 $11,550
2024 $4,159 $14,000 $2,450 $11,550
2023 $4,159 $14,000 $2,450 $11,550
2022 $4,068 $14,000 $2,450 $11,550
2021 $4,068 $14,000 $2,450 $11,550
2020 $3,992 $14,000 $2,450 $11,550
2019 $3,756 $14,000 $2,450 $11,550
2018 $3,756 $14,000 $2,450 $11,550
2017 $3,690 $14,000 $2,450 $11,550
2016 $1,154 $14,000 $2,450 $11,550
2015 $2,777 $14,000 $2,450 $11,550
2014 -- $14,000 $2,450 $11,550
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2025

    Irelyn Jannuzzi

    eXp Realty- Scranton/Wilkes-Barre

  • K

    Seller's Agent in 2022

    Kelly Oltmann

    ERA One Source Realty

  • L

    Seller's Agent in 2021

    Loren Keim

    Century 21 Keim Realtors

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB212483

Greater Scranton Board of REALTORS®

APN: 15620030040

Pennsylvania Lackawanna County Scranton 18505 South Side

640 Alder St, Scranton, PA

This home is located at 640 Alder St, Scranton, PA 18505 and is currently priced at $142,500, approximately $44 per square foot. This property was built in 1935. 640 Alder 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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