NOT LISTED FOR SALE

707 Church St Honesdale, PA 18431

10 Beds
6 Baths
5,194 Sq Ft
0.27 Acres

Last Sold January 30, 2025

Last sale price $300,000 $58 Per Sq Ft

481 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 3-minute walk to Central Park Honesdale Pa
  • Hot Water Heating System

About This Home

As of January 2025

4 UNIT HISTORIC INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN HONESDALE! Presenting a rare & lucrative opportunity, a collection of 4 apartment units in a vibrant location. Nestled within the charming streets of downtown Honesdale, investment property boasts an enviable location with easy access to all that downtown Honesdale has to offer. Situated just steps away from downtown shops, eateries, and local happenings, your tenants will relish the convenience of strolling through this lively district. Seize the moment to become a part of Honesdale's dynamic landscape. Whether you are an experienced investor seeking to diversify your portfolio or a first-time investor looking for a promising venture, these units offer an unbeatable opportunity with plenty of off street parking!, Baths: Y

Last Agent to Sell the Property

Tim Meagher

RE/MAX WAYNE License #RM421483 Listed on: 08/04/2023

RE/MAX WAYNE

Last Buyer's Agent

Tim Meagher

RE/MAX WAYNE License #RM421483 Listed on: 08/04/2023

RE/MAX WAYNE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1850

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 83x139x169x27x87x119

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,194 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 11-0-0010-0041

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Water Sewer Expense $2,592
  • New Taxes Expense $6,794
  • Gross Income $9,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,794

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Directions: In Honesdale, follow Church Street to 707/709 Church Street on the right.
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1850
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • Co List Office Mls Id: PWBWAYNE
  • Co List Office Phone: (570) 253-9566
  • Above Grade Finished Sq Ft: 5194
  • New Construction: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 3930.17
  • CountyTaxAmount: 1052.03
  • WaterExpense: 2592.00
  • UnitTwoDiningRoomYN: No
  • UnitOneDiningRoomYN: No
  • UnitThreeDiningRoomYN: No
  • UnitFourDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Number Of Buildings: 2
  • Basement: Full, Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Wood Siding
  • RoadFrontageLength: 83.00

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 6

Utilities

  • Heating: Electric, Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayne Highlands

Lot Info

  • Lot Dimensions: 83x139x169x27x87x119
  • Parcel #: 11-0-0010-0041
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 9312

Tax Info

  • New Taxes Expense: 6794
  • Tax Annual Amount: 6794.03
  • Tax Book Number: R-2533/327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Feb 3, 2025
Sold by
Rickan Inc
Bought by
Legacy Property Investments Llc
Seller's Agent
Tim Meagher
RE/MAX WAYNE
Buyer's Agent
Tim Meagher
RE/MAX WAYNE
List Price
$395,000
Sold Price
$300,000
Premium/Discount to List
-$95,000
-24.05%
Views
602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,984
Outstanding Balance
$324,420
Interest Rate
6.72%
Mortgage Type
New Conventional
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
Legacy Property Investments Llc $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Property Investments Llc $324,984
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $300,000 -3.2% $58 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $310,000 +3.3% $60 / Sq Ft
01/11/2024 01/11/24 Off Market $300,000 -- --
01/11/2024 01/11/24 For Sale $395,000 0.0% $76 / Sq Ft
08/04/2023 08/04/23 For Sale $395,000 -- $76 / Sq Ft
Source: Pike/Wayne Association 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 $3,615 $152,600 $22,900 $129,700
2024 $3,346 $152,600 $22,900 $129,700
2023 $4,203 $152,600 $22,900 $129,700
2022 $3,016 $94,300 $52,200 $42,100
2021 $2,993 $94,300 $52,200 $42,100
2020 $2,993 $94,300 $52,200 $42,100
2019 $2,749 $94,300 $52,200 $42,100
2018 $2,614 $94,300 $52,200 $42,100
2017 $930 $94,300 $52,200 $42,100
2016 $2,707 $106,000 $58,700 $47,300
2014 -- $106,000 $58,700 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW232459

Pike/Wayne Association of REALTORS®

APN: 013442