NOT LISTED FOR SALE

Estimated Value: $114,348 - $262,000

5 Beds
4 Baths
3,360 Sq Ft
$56/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2019

Last sale price $68,500 $20 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,226 / mo

52 Days on Market

Highlights

  • Living Room
  • Dining Room
  • Level Lot

About This Home

As of January 2019

Priced to sell. Four unit apartment building with low maintenance stucco exterior and off street parking. Fully rented with positive cash flow. 3 one bedroom units and 1 two bedroom unit., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1344.00, SqFt Fin - 2nd: 1344.00

Last Agent to Sell the Property

MICHAEL TIGHE

CLASSIC PROPERTIES License #RS278360 Listed on: 10/26/2018

Last Buyer's Agent

Patrick Mascia

Keller Williams Real Estate-Clarks Summit License #AB067756

Keller Williams Real Estate-Clarks Summit

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16711060043
  • $14,500 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $842
  • Gross Income $24,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Directions: Pittston Ave to a left onto Cherry St. Property is on the corner of Cherry & Gallagher Ct.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2688
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1862.82
  • EnhancedAcccessible: No
  • WaterExpense: 841.50
  • SewerExpense: 841.50
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 672

Exterior Features

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

Garage/Parking

  • Parking Features: None, On Street, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X160
  • Additional Parcels: No
  • Parcel #: 16711060043
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3683.32
  • Tax Book Number: 2012-02679
  • Tax Other Annual Assessment Amount: 14500

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24480

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Jan 22, 2019
Sold by
Norkaitis George N and The Lawrence Kramos Irrevocabl
Bought by
Seller's Agent
MICHAEL TIGHE
CLASSIC PROPERTIES
Buyer's Agent
Patrick Mascia
Keller Williams Real Estate-Clarks Summit
List Price
$74,900
Sold Price
$68,500
Premium/Discount to List
-$6,400
-8.54%
Current Estimated Value
$188,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,337
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Feb 14, 2010
Sold by
Norkaitis George R and Kramos Lawrence
Bought by
Lawrence Kramos Irrevocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$68,500 None Available
Lawrence Kramos Irrevocable Trust -- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $68,500 -8.5% $20 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $74,900 -- $22 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,622 $78,890 $32,540 $46,350
2025 $4,487 $14,500 $1,400 $13,100
2024 $4,088 $14,500 $1,400 $13,100
2023 $4,088 $14,500 $1,400 $13,100
2022 $3,998 $14,500 $1,400 $13,100
2021 $3,998 $14,500 $1,400 $13,100
2020 $3,920 $14,500 $1,400 $13,100
2019 $3,683 $14,500 $1,400 $13,100
2018 $3,683 $14,500 $1,400 $13,100
2017 $3,615 $14,500 $1,400 $13,100
2016 $988 $14,500 $1,400 $13,100
2015 $2,680 $14,500 $1,400 $13,100
2014 -- $14,500 $1,400 $13,100
Source: Public Records

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB185135

Greater Scranton Board of REALTORS®

APN: 16711060043

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