$265,000
SOLD JUN 13, 2025
6 Beds
3 Baths
3,180 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

6% Above List Price

8 Days on Market

About This Home

As of June 2025

Highest and best offers due by Saturday, April 26th at 12:00 pm. Attention Investors!! Fully rented 3-unit investment property. Nice yard with off-street parking in the rear of the building. Current rents are below market and should be higher. Tenants are on month-to-month leases. At market rents property is at a 10+ percent cap rate. Separate electric for each apartment.

Last Agent to Sell the Property

Debra Keller

Christian Saunders Real Estate License #RS289673 Listed on: 04/21/2025

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 20x145

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,180 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for insurance, water, sewer, taxes
  • Assessor Parcel Number 15620040026
  • Tax Block 210
  • $5,500 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,794

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: South Scranton between Willow & Birch
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Unfurnished
  • Above Grade Finished Sq Ft: 3180
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 813.17
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Has Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Exterior Duct-Work is Insulated

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Off Street, On Site
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Separate Meters
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R1
  • Current Use: Multi-Family
  • Lot Dimensions: 20X145
  • Parcel #: 15620040026
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Insurance, Water, Sewer, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Block: 210
  • Tax Book Number: 202006288
  • Tax Other Annual Assessment Amount: 5500

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Jun 12, 2025
Sold by
Araya Joanna B
Bought by
Polanco Denysh
Seller's Agent
Debra Keller
Christian Saunders Real Estate
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.14%
Original Mortgage
$260,200
Outstanding Balance
$260,200
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
-$13,546

Purchase Details

Listed on
Nov 19, 2019
Closed on
Apr 15, 2020
Sold by
Pittmann Eric and United Investment Company Llc
Bought by
Araya Joanna B
Seller's Agent
Tim Bethel
NASSER REAL ESTATE, INC.
Buyer's Agent
Barry Keller
Christian Saunders Real Estate
List Price
$97,500
Sold Price
$89,000
Premium/Discount to List
-$8,500
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.85%
Original Mortgage
$65,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Wright Lynn
Bought by
Pittmann Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2012
Sold by
Hsbc Mortgage Services Inc
Bought by
Wright Lynn

Purchase Details

Closed on
Jan 4, 2006
Sold by
Bormann Roy A and Bormann Sharon
Bought by
Wageman Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $265,000 Title Services
Deed $87,000 Keystone Abst Services Inc
Deed $45,000 Oig Title & Amp Escrow Llc
Deed $44,000 None Available
Deed $110,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,200 FHA
Previous Owner $65,250 New Conventional
Previous Owner $56,000 Commercial
Previous Owner $93,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $265,000 +6.4% $83 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $249,000 +179.8% $78 / Sq Ft
05/08/2020 05/08/20 Sold $89,000 -8.7% $28 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $97,500 -- $31 / 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 $1,794 $5,500 $1,000 $4,500
2024 $1,641 $5,500 $1,000 $4,500
2023 $1,641 $5,500 $1,000 $4,500
2022 $1,605 $5,500 $1,000 $4,500
2021 $1,605 $5,500 $1,000 $4,500
2020 $1,576 $5,500 $1,000 $4,500
2019 $1,482 $5,500 $1,000 $4,500
2018 $1,482 $5,500 $1,000 $4,500
2017 $1,457 $5,500 $1,000 $4,500
2016 $460 $5,500 $1,000 $4,500
2015 $1,097 $5,500 $1,000 $4,500
2014 -- $5,500 $1,000 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC251794

Greater Scranton Board of REALTORS®

APN: 15620040026