Seller's Agent in 2018
Jim Nasser
NASSER REAL ESTATE, INC.
(570) 466-0355
16 in this area
299 Total Sales
701 Sibley Ave Unit 715 Old Forge, PA 18518
Estimated Value: $157,000 - $751,104
--
Bed
--
Bath
9,792
Sq Ft
$37/Sq Ft
Est. Value
Highlights
- 0.5 Acre Lot
- 1 Car Detached Garage
- Baseboard Heating
- Corner Lot
- Living Room
- Asbestos
About This Home
As of July 2018A very rare investment opportunity in Old Forge.. 9 unit, fully rented property on a corner 1/2 acre lot. Units are very well maintained. The property has ample off-street parking and a 1 car garage (currently rented, but not listed on income)., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 4896.00, SqFt Fin - 2nd: 4896.00
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,176
Year Built
- Built in 1940
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 140x150
- Corner Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Flat Roof Shape
- Slab Foundation
- Wood Roof
- Composition Roof
- Asbestos
- Stucco
Interior Spaces
- 9,792 Sq Ft Home
- 2-Story Property
- Living Room
- Range
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Security Deposit $600
- Assessor Parcel Number 16617040003
Community Details
Overview
- 2 Buildings
- 9 Units
Building Details
- Water Sewer Expense $3,908
- Gross Income $70,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jul 13, 2018
Sold by
Florida Penn Realty Llc
Bought by
Horksy Adam G
Seller's Agent
Jim Nasser
NASSER REAL ESTATE, INC.
Buyer's Agent
Sara Levy
Levy Realty Group
List Price
$540,000
Sold Price
$480,000
Premium/Discount to List
-$60,000
-11.11%
Total Days on Market
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,632
Avg. Annual Appreciation
-3.97%
Original Mortgage
$432,000
Outstanding Balance
$378,273
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$13,905
Purchase Details
Closed on
Sep 2, 2010
Sold by
Serino Albert and Serino Joann
Bought by
Florida Penn Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horksy Adam G | $480,000 | None Available | |
| Florida Penn Realty Llc | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Horksy Adam G | $432,000 | |
| Previous Owner | Florida Penn Realty Llc | $243,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2018 07/13/18 | Sold | $480,000 | -11.1% | $49 / Sq Ft |
| 05/17/2018 05/17/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $540,000 | -- | $55 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $11,671 | $45,000 | $6,000 | $39,000 |
| 2024 | $10,408 | $45,000 | $6,000 | $39,000 |
| 2023 | $10,408 | $45,000 | $6,000 | $39,000 |
| 2022 | $10,058 | $45,000 | $6,000 | $39,000 |
| 2021 | $9,784 | $45,000 | $6,000 | $39,000 |
| 2020 | $9,671 | $45,000 | $6,000 | $39,000 |
| 2019 | $9,266 | $45,000 | $6,000 | $39,000 |
| 2018 | $9,176 | $45,000 | $6,000 | $39,000 |
| 2017 | $9,176 | $45,000 | $6,000 | $39,000 |
| 2016 | $5,681 | $45,000 | $6,000 | $39,000 |
| 2015 | -- | $45,000 | $6,000 | $39,000 |
| 2014 | -- | $45,000 | $6,000 | $39,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Nasser
-
Sara Levy
Buyer's Agent in 2018
Sara Levy
Levy Realty Group
(570) 840-2677
1 in this area
87 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSB181251
APN: 16617040003
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.
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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