NOT LISTED FOR SALE

Estimated Value: $1,177,114

Studio
-- Bath
7,050 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2017

Last sale price $272,000 $39 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $7,634 / mo

376 Days on Market

About This Home

As of May 2017

15 residential rental units within a few hundred feet of the Commonwealth Medical School, some students are already tenants. Great character throughout, this is a once in a lifetime opportunity for the discriminating investor., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1266.00, SqFt Fin - Main: 2916.00, SqFt Fin - 2nd: 2868.00

Last Agent to Sell the Property

Wayne Evans

Marcks Evans Real Estate License #AB069825 Listed on: 02/08/2016

Last Buyer's Agent

WILLIAM LESNIAK

Wayne Evans Realty License #RS298767

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x110x18x50x62x160

Home Design

  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 7,050 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Range
  • Gas Dryer Hookup

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 14677020006
  • $36,000 per year additional tax assessments

Community Details

Overview

  • 15 Units

Building Details

  • Water Sewer Expense $2,345
  • Gross Income $87,770

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Directions: From Central City, Jefferson Avenue toward Regional Hospital of Scranton, property on right less than 100' from Hospital.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System
  • Above Grade Finished Sq Ft: 7050
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 4455.72
  • EnhancedAcccessible: No
  • WaterExpense: 2345.00
  • SewerExpense: 2407.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Wood Siding
  • RoadFrontageLength: 80.00

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 80X110X18X50X62X160
  • Additional Parcels: No
  • Parcel #: 14677020006
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10999.72
  • Tax Book Number: 1033/0608
  • Tax Other Annual Assessment Amount: 36000

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 87770

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

Closed on
Nov 7, 2023
Sold by
Bought by
Current Estimated Value
$1,177,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$753,963
Interest Rate
7.31%
Mortgage Type
Credit Line Revolving
Estimated Equity
$423,151

Purchase Details

Closed on
Dec 20, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 25, 2017
Sold by
Bought by
Seller's Agent
Wayne Evans
Marcks Evans Real Estate
Buyer's Agent
WILLIAM LESNIAK
Wayne Evans Realty
List Price
$325,000
Sold Price
$272,000
Premium/Discount to List
-$53,000
-16.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,042,990 None Listed On Document
$500,000 None Available
$272,000 None Available
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 $775,000
Previous Owner $375,000
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
05/25/2017 05/25/17 Sold $272,000 -16.3% $39 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/08/2016 02/08/16 For Sale $325,000 -- $46 / 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 $110,331 $689,610 $139,600 $550,010
2025 $13,326 $36,000 $14,600 $21,400
2024 $12,294 $36,000 $14,600 $21,400
2023 $12,294 $36,000 $14,600 $21,400
2022 $12,028 $36,000 $14,600 $21,400
2021 $12,028 $36,000 $14,600 $21,400
2020 $11,835 $36,000 $14,600 $21,400
2019 $11,169 $36,000 $14,600 $21,400
2018 $11,169 $36,000 $14,600 $21,400
2017 $11,000 $36,000 $14,600 $21,400
2016 $0 $36,000 $14,600 $21,400
2015 $8,570 $36,000 $14,600 $21,400
2014 -- $36,000 $14,600 $21,400
Source: Public Records

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB16833

Greater Scranton Board of REALTORS®

APN: 14677020006

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