NOT LISTED FOR SALE

724 E Scott St Olyphant, PA 18447

Estimated Value: $226,000 - $287,000

-- Bed
-- Bath
3,648 Sq Ft
$72/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $153,500 $42 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,598/month

128 Days on Market

About This Home

As of December 2016

Very well maintained 4 Unit Multi-Family. Perfect owner occupant investment. Schedule your appointment today! All new Anderson windows, electrical all up to code and partial new roof. Building is very well insulated. 12'' insulation with dead air space for sound proofing between 1st and 2nd floors and 2nd and attic. Walls are all insulated with fire-break and separate double walls between each for sound proofing. Gas steam with all radiators having vari-vent making efficient heating system. Each individual apartment is responsible for their own gas for hot water and water. Each separate apartment has its own circuit box and outside service disconnect., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1940.00, SqFt Fin - 2nd: 1708.00

Last Agent to Sell the Property

Kristen Baigis DePietro

CLASSIC PROPERTIES Listed on: 07/07/2016

Last Buyer's Agent

Kacey Walsh

Weichert Realtors Hibble & Associates Blakely

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x120
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Parking Pad
  • On-Street Parking
  • Off-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 4 Units
  • Gross Income $20,160

Listing and Financial Details

  • Assessor Parcel Number 11415050032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From US-6 Robert P Casey HWY take Lackawanna Ave exit 2 toward Olyphant. Right onto E Lackawanna 1.3 Mi. Left on Adams Ave and Right on E Scott Street. Corner of Adams and E Scott.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Corner Lot, Rectangular Lot, Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Trash
  • Above Grade Finished Sq Ft: 3648
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1132.59
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 1080.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • RoadFrontageLength: 48.00

Garage/Parking

  • Parking Features: On Street, See Remarks, Parking Pad, Other, Off Site
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam, Radiant
  • Water Source: Public

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Land Lease: No
  • Lot Dimensions: 48X120
  • Additional Parcels: No
  • Parcel #: 11415050032
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1812.79
  • Tax Book Number: 2012-08741

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 20160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 22, 2016
Sold by
Magdon Henry Paul and Magdon Christine A
Bought by
Covington Robert E
Seller's Agent
Kristen Baigis DePietro
CLASSIC PROPERTIES
Buyer's Agent
Kacey Walsh
Weichert Realtors Hibble & Associates Blakely
List Price
$199,000
Sold Price
$153,500
Premium/Discount to List
-$45,500
-22.86%
Current Estimated Value
$263,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,989
Avg. Annual Appreciation
5.40%
Original Mortgage
$156,800
Outstanding Balance
$130,461
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$113,192

Purchase Details

Closed on
May 10, 2012
Sold by
Flynn Lorraine B
Bought by
Magdon Henry Paul and Magdon Christine A
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
Covington Robert E $153,500 None Available
Magdon Henry Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Robert E $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $153,500 -22.9% $42 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $199,000 -- $55 / 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 $2,414 $10,000 $0 $10,000
2024 $2,033 $10,000 $0 $10,000
2023 $2,033 $10,000 $0 $10,000
2022 $1,978 $10,000 $0 $10,000
2021 $1,978 $10,000 $0 $10,000
2020 $1,948 $10,000 $0 $10,000
2019 $1,848 $10,000 $0 $10,000
2018 $1,813 $10,000 $0 $10,000
2017 $1,813 $10,000 $0 $10,000
2016 $1,133 $10,000 $0 $0
2015 -- $10,000 $0 $0
2014 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB163306

Greater Scranton Board of REALTORS®

APN: 11415050032