NOT LISTED FOR SALE

720 Cherry St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $207,000 - $244,000

Studio
-- Bath
3,200 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $220,000 $69 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,426/month

34 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Garage
  • Heating System Uses Natural Gas

About This Home

As of December 2024

Property is under contract and is taking offers only as a back up offers.

Great Investment Opportunity! Live in one part of the house and rent the other, or rent both two bedroom apartments to maximize the incomes.

Spacious kitchen areas, large living rooms, Each with an office area in addition to two bedrooms. Closets are plentiful.

Garage and Huge Basement for storage!

Last Agent to Sell the Property

Jacqueline Albrecht

Pocono Properties Rentals & Sales License #RS221517L Listed on: 10/28/2024

Co-Listed By

Matthew Albrecht

Pocono Properties Rentals & Sales License #RS365079

Last Buyer's Agent

Adalgisa Polanco

Pocono Premier Realty License #RS296693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Garage

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 3-Story Property
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 16711060014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: From Pittston Ave Turn right onto Cherry. House is on the right
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 3
  • Year Built: 1925
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: PPRS
  • Co List Office Phone: 570-606-4111
  • Co List Office Phone: 570-606-4111
  • MLS Status: Closed
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 16711060014
  • Location Tax and Legal School Tax Amount2: 1256.72
  • Location Tax and Legal Tax Annual Amount2: 2244.48
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 3
  • General Property Information Lot Size Acres: 0.1
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Electric 200 Amp Service: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling WallWindow Unit(s): Yes
  • Water Heater Gas3: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Cooling Separate Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle, Other
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Separate Meters
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16711060014
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2244.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 24, 2024
Sold by
Conte Dolores and Albrecht Jacqueline M
Bought by
Angeles Altagracia
Seller's Agent
Jacqueline Albrecht
Pocono Properties Rentals & Sales
Buyer's Agent
Adalgisa Polanco
Pocono Premier Realty
List Price
$234,000
Sold Price
$220,000
Premium/Discount to List
-$14,000
-5.98%
Views
43
Current Estimated Value
$230,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,176
Avg. Annual Appreciation
4.32%
Original Mortgage
$176,000
Outstanding Balance
$174,771
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$55,405

Purchase Details

Closed on
Dec 16, 1987
Bought by
Conte Frank P and Conte Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Angeles Altagracia $220,000 Quaint Oak Abstract
Conte Frank P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angeles Altagracia $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $220,000 0.0% $69 / Sq Ft
11/26/2024 11/26/24 Price Changed $220,000 -6.0% $69 / Sq Ft
10/28/2024 10/28/24 For Sale $234,000 -- $73 / Sq Ft
Source: Pocono Mountains 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 $2,754 $8,500 $1,450 $7,050
2024 $2,518 $8,500 $1,450 $7,050
2023 $2,518 $8,500 $1,450 $7,050
2022 $2,463 $8,500 $1,450 $7,050
2021 $2,463 $8,500 $1,450 $7,050
2020 $2,417 $8,500 $1,450 $7,050
2019 $2,274 $8,500 $1,450 $7,050
2018 $2,274 $8,500 $1,450 $7,050
2017 $2,234 $8,500 $1,450 $7,050
2016 $694 $8,500 $1,450 $7,050
2015 $1,352 $8,500 $1,450 $7,050
2014 -- $8,500 $1,450 $7,050
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Albrecht

    Seller's Agent in 2024

    Jacqueline Albrecht

    Pocono Properties Rentals & Sales

    (570) 760-7082

    1 in this area

    82 Total Sales

    Jacqueline Albrecht
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Matthew Albrecht

    Pocono Properties Rentals & Sales

    Section Image
  • Adalgisa Polanco

    Buyer's Agent in 2024

    Adalgisa Polanco

    Pocono Premier Realty

    (646) 391-2316

    1 in this area

    1 Total Sale

    Adalgisa Polanco
    Section Image
See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-119905

Pocono Mountains Association of REALTORS®

APN: 16711060014

Pennsylvania Lackawanna County Scranton 18505 South Side

720 Cherry St, Scranton, PA

Not Listed for Sale

MultiFamily

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Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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