NOT LISTED FOR SALE

703 E Lackawanna St Olyphant, PA 18447

Estimated Value: $215,000 - $278,000

-- Bed
-- Bath
3,080 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $147,000 $48 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,516/month

79 Days on Market

About This Home

As of August 2018

Looking for a great investment property? Look no further! The main unit (Apt 1) has the layout of a traditional home. It has 3 bedrooms, 1 full bath, 3/4 Bath, Laundry, Eat in Kitchen, Living Room & Family Room. It has hardwood & updated kitchen & baths. Unit 2 is a 2nd fl updated 1 bedroom apt. Unit 3 is a 1st fl updated 1 bedroom apt. Unit 2 is vacant which makes it perfect for buyers if financing requires them to reside there. When fully rented Gross $26580+ & Net $21089+ ,potentially.The furnace was installed in 8/14 & hot water heater was installed in 3/13. Ductless AC 1st fl main apt.There is a 2 car detached garage with alley access.Apt 2 (2nd fl) currently vacant. Tenants are month to monthMeasurements are approximate & information is not guaranteed., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1540.00, SqFt Fin - 2nd: 1540.00, Additional Info: All 3 units have seperate electric. Unit 1 and 2 share a box but there are 3 seperate meters.

Last Agent to Sell the Property

Johnna Ofcharsky

Realty Network Group Dickson City License #RS316317 Listed on: 04/04/2018

Co-Listed By

ROSEMARY OFCHARSKY

Realty Network Group Dickson City License #AB051978L

Last Buyer's Agent

Cynthia Houser

Castle Key Real Estate License #RS322103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Converted Dwelling
  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 11415050002

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $1,200
  • Gross Income $19,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,450

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Directions: From the Casey Hwy. Take the E. Lackawanna Ave (Olyphant) exit. Stay straight at first, second and third stop signs. The home will be on the left before the fourth stop sign.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Interior Lot, Rectangular Lot, Level
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GSBrngdc
  • Co List Office Phone: (570) 291-0070
  • Above Grade Finished Sq Ft: 3080
  • Architectural Style: Converted
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 906.07
  • EnhancedAcccessible: No
  • WaterExpense: 1200.00
  • SewerExpense: 480.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, On Street, Off Street, None, Garage

Utilities

  • Cooling: Ductless, Other
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Dimensions: 50X120
  • Additional Parcels: No
  • Parcel #: 11415050002
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1450.23
  • Tax Book Number: 2014-20184

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 19080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Aug 8, 2018
Sold by
Onel Heather
Bought by
Nestor John Gary and Tetkoski Kyle Gregory
Seller's Agent
Johnna Ofcharsky
Realty Network Group Dickson City
Buyer's Agent
Cynthia Houser
Castle Key Real Estate
List Price
$172,500
Sold Price
$147,000
Premium/Discount to List
-$25,500
-14.78%
Current Estimated Value
$248,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,787
Avg. Annual Appreciation
6.42%
Original Mortgage
$144,337
Outstanding Balance
$126,302
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$101,495

Purchase Details

Closed on
Dec 10, 2014
Sold by
Vrabel Nancy Theresa
Bought by
Oneal Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Nestor John Gary $147,000 None Available
Oneal Heather $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nestor John Gary $144,337
Previous Owner Oneal Heather $106,677
Previous Owner Oneal Heather $103,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $147,000 -14.8% $48 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $172,500 -- $56 / 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 $1,931 $8,000 $1,000 $7,000
2024 $1,627 $8,000 $1,000 $7,000
2023 $1,627 $8,000 $1,000 $7,000
2022 $1,582 $8,000 $1,000 $7,000
2021 $1,582 $8,000 $1,000 $7,000
2020 $1,558 $8,000 $1,000 $7,000
2019 $1,478 $8,000 $1,000 $7,000
2018 $1,450 $8,000 $1,000 $7,000
2017 $1,450 $8,000 $1,000 $7,000
2016 $906 $8,000 $1,000 $7,000
2015 -- $8,000 $1,000 $7,000
2014 -- $8,000 $1,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB181280

Greater Scranton Board of REALTORS®

APN: 11415050002