NOT LISTED FOR SALE

712 Fallon St Unit 712-714 Old Forge, PA 18518

Estimated Value: $156,000 - $229,000

4 Beds
1 Bath
1,880 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $160,000 $85 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,240/month

3 Days on Market

About This Home

As of October 2024

More than meets the eye with this solid double in Old Forge! Each unit is 2 beds, 1 bath producing solid income. Great location, close to everything Old Forge has to offer!*OPEN HOUSE SUNDAY JUNE 30th 12-2pm*

Last Agent to Sell the Property

Michael Cola

Cobblestone Real Estate LLC License #RM424494 Listed on: 06/28/2024

Last Buyer's Agent

Michael Cola

Cobblestone Real Estate LLC License #RM424494 Listed on: 06/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 107x100x30x100
  • 1 Common Wall

Parking

  • Additional Parking

Home Design

  • Duplex

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 17520010021
  • $12,900 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,984

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: S Main to Fallon Street. Property on the left
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 1880
  • Garage Yn: No
  • New Construction: No
  • Reso Structure Type: Duplex
  • AuctionYN: No
  • SchoolTaxAmount: 1878.53
  • EnhancedAcccessible: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Has Basement: Unfinished
  • Flooring: Carpet, Hardwood
  • Basement YN: Yes

Exterior Features

  • Waterfront: No
  • Common Walls: 1 Common Wall

Garage/Parking

  • Parking Features: Additional Parking

Utilities

  • Water Source: Public

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Zoning: Multi
  • Current Use: Investment
  • Lot Dimensions: 107X100X30X100
  • Parcel #: 17520010021

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2983.68
  • Tax Book Number: 201220096
  • Tax Other Annual Assessment Amount: 12900

Multi Family

  • Number Of Units Total: 2
  • Income Includes: ["Rent Only"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Sep 4, 2024
Sold by
Ftfc 1 Llc
Bought by
Black Diamond Property Management Llc
Seller's Agent
Michael Cola
Cobblestone Real Estate LLC
Buyer's Agent
Michael Cola
Cobblestone Real Estate LLC
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Total Days on Market
3
Views
15
Current Estimated Value
$181,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,124
Avg. Annual Appreciation
8.18%
Original Mortgage
$120,000
Outstanding Balance
$116,975
Interest Rate
5.62%
Mortgage Type
New Conventional
Estimated Equity
$52,208

Purchase Details

Closed on
Oct 9, 2012
Sold by
Dente Raymond J and Wehner Cristina M
Bought by
Ftfc 1 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Black Diamond Property Management Llc $160,000 None Listed On Document
Ftfc 1 Llc $43,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Diamond Property Management Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $160,000 -5.8% $85 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $169,900 -- $90 / 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 $3,346 $12,900 $2,000 $10,900
2024 $2,984 $12,900 $2,000 $10,900
2023 $2,984 $12,900 $2,000 $10,900
2022 $2,883 $12,900 $2,000 $10,900
2021 $2,805 $12,900 $2,000 $10,900
2020 $2,772 $12,900 $2,000 $10,900
2019 $2,656 $12,900 $2,000 $10,900
2018 $2,630 $12,900 $2,000 $10,900
2017 $2,630 $12,900 $2,000 $10,900
2016 $1,629 $12,900 $2,000 $10,900
2015 -- $12,900 $2,000 $10,900
2014 -- $12,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC3417

Greater Scranton Board of REALTORS®

APN: 17520010021