NOT LISTED FOR SALE

705 Cedar Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $102,065

-- Bed
-- Bath
3,780 Sq Ft
$27/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $78,000 $21 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $671/month

17 Days on Market

About This Home

As of October 2020

This is 2 buildings in a C-N zone plus an additional lot for parking. The front building is a duplex (up and down) in need of rehabilitation and has been condemned by the city. Much of the materials are on site and transfer with the property. The back building is a 4 unit and fully rented with the owner occupying one of the apartments. SATURDAY SHOWINGS ONLY, Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1890.00, SqFt Fin - 2nd: 1890.00

Last Listed By

Robert Vanston

Berkshire Hathaway Home Services Preferred Properties License #RM046573A Listed on: 08/01/2020

Berkshire Hathaway Home Services Preferred Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40x150
  • Property fronts a state road
  • Interior Lot
  • Additional Parcels

Home Design

  • Wood Roof
  • Composition Roof
  • Asbestos

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Unpaved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15615030008
  • $14,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Gross Income $26,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From downtown Scranton onto Cedar, 6th block on the left
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Interior Lot
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3780
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1926.68
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 1440.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Asbestos
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: Off Street, Unpaved

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: C-N
  • Land Lease: No
  • Lot Dimensions: 40X150
  • Additional Parcels: Yes
  • Parcel #: 15615030008
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5131.36
  • Tax Book Number: 2004-30127
  • Tax Other Annual Assessment Amount: 14000

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 26160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Oct 26, 2020
Sold by
Key Equity Llc
Bought by
705 Cedar Llc
Seller's Agent
Robert Vanston
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Robert Vanston
Berkshire Hathaway Home Services Preferred Properties
List Price
$89,900
Sold Price
$78,000
Premium/Discount to List
-$11,900
-13.24%
Total Days on Market
17
Current Estimated Value
$102,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,065
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Aug 3, 2004
Bought by
Key Equity Llc

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
705 Cedar Llc $78,000 None Available
Key Equity Llc $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Premier Equity Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $78,000 -13.2% $21 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $89,900 -- $24 / 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 $4,852 $14,000 $4,000 $10,000
2024 $4,458 $14,000 $4,000 $10,000
2023 $4,458 $14,000 $4,000 $10,000
2022 $4,360 $14,000 $4,000 $10,000
2021 $4,360 $14,000 $4,000 $10,000
2020 $4,285 $14,000 $4,000 $10,000
2019 $4,038 $14,000 $4,000 $10,000
2018 $4,038 $14,000 $4,000 $10,000
2017 $3,972 $14,000 $4,000 $10,000
2016 $1,436 $14,000 $4,000 $10,000
2015 $3,044 $14,000 $4,000 $10,000
2014 -- $14,000 $4,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Vanston

    Seller's Agent in 2020

    Robert Vanston

    Berkshire Hathaway Home Services Preferred Properties

    (570) 840-0152

    7 in this area

    192 Total Sales

    Robert Vanston
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB202996

Greater Scranton Board of REALTORS®

APN: 15615030008

Pennsylvania Lackawanna County Scranton 18505 South Side

705 Cedar Ave, Scranton, PA

Homes for Sale in Scranton, PA

This home is located at 705 Cedar Ave, Scranton, PA 18505 since 01 August 2020 and is currently estimated at $102,065, approximately $27 per square foot. This property was built in 1930. 705 Cedar Ave 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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