NOT LISTED FOR SALE

729 Lincoln St Scranton, PA 18519

Estimated Value: $210,000 - $323,000

-- Bed
-- Bath
3,082 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $285,000 $92 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,767/month

23 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Level Lot
  • Porch
  • 2 Car Garage

About This Home

As of December 2023

Beautifully maintained three-unit multifamily home, offers the charm and aesthetic appeal of a single-family house, lending it a curb appeal that is sure to catch the eyes of potential buyers or tenants.Each of the three units in the property is well-maintained, indicating that they are in excellent condition and ready for occupancy without the need for immediate repairs or renovations. This is a significant advantage for any potential buyer, as it reduces the immediate costs and effort associated with property maintenance.Currently fully occupied with the first floor tenant vacating in November will create the option for the owner to live in one of the units while renting out the other two. This arrangement can create a steady stream of income that could be used to offset the mortgage payments, essentially allowing the owner to live in their unit at a reduced cost or potentially for free.Adding to its income-generating potential, the property also includes a two-car garage. This could be rented out separately for additional income, or used by the owner or tenants for secure, off-street parking. The property boasts a large, expansive yard, offering ample outdoor space for relaxation or recreation. Access to parking is conveniently provided via a rear alley, making it easy for residents or guests to park their vehicles without disrupting the curb appeal of the property.In summary, this three-unit multifamily home in Dickson City is not only well-maintained and aesthetically pleasing but also offers several opportunities for generating income. Its features, including the option for the owner to live in one unit, the availability of a two-car garage, and ample parking and yard space, make it a highly desirable property., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1541.00, SqFt Fin - 2nd: 1541.00

Last Agent to Sell the Property

Anne Marie Olexa

ERA One Source Realty License #RS316219 Listed on: 09/24/2023

Last Buyer's Agent

Adriana Jez

EXP Realty LLC License #RS358942

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x163
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,082 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 11320030020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Water Sewer Expense $1,080
  • Gross Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,360

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Directions: Main St Dickson City, Left on to Hallstead right onto Lincoln.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3082
  • Architectural Style: Multiple Buildings
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2011.64
  • EnhancedAcccessible: No
  • WaterExpense: 1080.00
  • SewerExpense: 720.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Brick, Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Paved, Off Street, Garage, Driveway

Utilities

  • Cooling: Other
  • Heating: Baseboard, Natural Gas, Hot Water, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Mid Valley

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X163
  • Additional Parcels: No
  • Parcel #: 11320030020
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3360.44
  • Tax Book Number: 201321250

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Nov 20, 2023
Sold by
Jackson Colin David and Jackson Craig Allen
Bought by
Modi Velcy
Seller's Agent
Anne Marie Olexa
ERA One Source Realty
Buyer's Agent
Adriana Jez
EXP Realty LLC
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
Views
4
Current Estimated Value
$272,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,316
Avg. Annual Appreciation
-12.14%
Original Mortgage
$198,750
Outstanding Balance
$188,079
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$39,445

Purchase Details

Closed on
May 5, 2023
Sold by
Jackson Janice H
Bought by
Jackson Colin David and Jackson Craig Allen

Purchase Details

Closed on
Oct 5, 2013
Sold by
Jackson Allen E and Jackson Janice H
Bought by
Jackson Janice H
Source: Public Records

Range of Values:

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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
Modi Velcy $265,000 None Listed On Document
Jackson Colin David -- None Listed On Document
Jackson Janice H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modi Velcy $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $285,000 +2.2% $92 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $279,000 -- $91 / 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 $3,927 $15,000 $0 $15,000
2024 $3,281 $15,000 $0 $15,000
2023 $3,281 $15,000 $0 $15,000
2022 $3,198 $15,000 $0 $15,000
2021 $3,198 $15,000 $0 $15,000
2020 $3,153 $15,000 $0 $15,000
2019 $2,925 $15,000 $0 $15,000
2018 $2,872 $15,000 $0 $15,000
2017 $2,872 $15,000 $0 $15,000
2016 $1,699 $15,000 $0 $0
2015 -- $15,000 $0 $0
2014 -- $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB234134

Greater Scranton Board of REALTORS®

APN: 11320030020