NOT LISTED FOR SALE

736 Orchard St Unit 738 Scranton, PA 18505

South Side Neighborhood

Estimated Value: $167,589 - $297,000

-- Bed
-- Bath
3,000 Sq Ft
$76/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $50,000 $17 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,520/month

490 Days on Market

Highlights

  • Deck
  • Heating System Uses Steam
  • 5-minute walk to Connors Park
  • Porch
  • Level Lot

About This Home

As of October 2013

Fully occupied, huge income producing rental property with annual rental income $13,500. Building is professionally managed, transferable to new owner. Excellent location, remodeled with positive cash flow. All offers entertained! Beautiful building/low taxes!*PROPERTY WAS SOLD W/ MLS#12-1104 FOR A TOTAL SALES PRICE OF $65,000, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1500.00, SqFt Fin - 2nd: 1500.00, Additional Info: Remodeled kitchen & bath. Excellent, worry-free investment-fully occupied, under prof property management/transferable

Last Agent to Sell the Property

Renee Sherwood

Lewith & Freeman RE, Inc. License #RS318481 Listed on: 03/15/2012

Last Buyer's Agent

Joseph Schirg

Lewith & Freeman RE, Inc. License #RS294529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 53x50
  • Property fronts a highway
  • Property fronts an easement
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam

Community Details

  • 2 Units
  • Gross Income $13,500

Listing and Financial Details

  • Assessor Parcel Number 15668030041
  • $12,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Pittston Avenue onto Orchard Street.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level
  • Road Frontage Type: Easement, Highway
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3000
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1336.32
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding, Stone
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 53.00

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Electric, Steam, Oil
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 53X50
  • Additional Parcels: No
  • Parcel #: 15668030041
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2508.63
  • Tax Book Number: R083/0768
  • Tax Other Annual Assessment Amount: 12000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Kenco Properties Llc
Bought by
Basnet Monish and Basnet Goma
Current Estimated Value
$227,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Outstanding Balance
$99,673
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$127,724

Purchase Details

Listed on
Mar 15, 2012
Closed on
Oct 31, 2013
Sold by
Sherwood Properties Llc
Bought by
Kenco Properties Llc
Seller's Agent
Renee Sherwood
Lewith & Freeman RE, Inc.
Buyer's Agent
Joseph Schirg
Lewith & Freeman RE, Inc.
List Price
$107,000
Sold Price
$50,000
Premium/Discount to List
-$57,000
-53.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$48,750
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2010
Sold by
Stonecreast Income & Opportunity Fund I
Bought by
Sherwood Properties Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Stonecrest Income & Opportunity Fund I L

Purchase Details

Closed on
Dec 16, 2008
Sold by
Lackawanna County Shriff
Bought by
Deutsche Bank National Trust Company and Long Beach Mortgage Loan Trust 2005 -Wl3

Purchase Details

Closed on
Jun 29, 2005
Sold by
Helriegel Ronald R and Helriegel Carol
Bought by
Engel Herschel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
9.55%
Mortgage Type
Commercial
Source: Public Records

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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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
Basnet Monish $135,500 United One Resources Title
Kenco Properties Llc $65,000 None Available
Sherwood Properties Llc $25,112 None Available
Stonecrest Income & Opportunity Fund I L $16,048 None Available
Deutsche Bank National Trust Company $10,111 None Available
Engel Herschel $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basnet Monish $108,400
Previous Owner Kenco Properties Llc $48,750
Previous Owner Engel Herschel $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $50,000 -53.3% $17 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
03/15/2012 03/15/12 For Sale $107,000 -- $36 / 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 $3,859 $12,000 $1,900 $10,100
2024 $3,526 $12,000 $1,900 $10,100
2023 $3,526 $12,000 $1,900 $10,100
2022 $3,449 $12,000 $1,900 $10,100
2021 $3,449 $12,000 $1,900 $10,100
2020 $3,384 $12,000 $1,900 $10,100
2019 $3,183 $12,000 $1,900 $10,100
2018 $3,183 $12,000 $1,900 $10,100
2017 $3,127 $12,000 $1,900 $10,100
2016 $0 $12,000 $1,900 $10,100
2015 $2,346 $12,000 $1,900 $10,100
2014 -- $12,000 $1,900 $10,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Renee Sherwood

    Lewith & Freeman RE, Inc.

  • J

    Buyer's Agent in 2013

    Joseph Schirg

    Lewith & Freeman RE, Inc.

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB121104

Greater Scranton Board of REALTORS®

APN: 15668030041

Pennsylvania Lackawanna County Scranton 18505 South Side

736 Orchard St Unit 738, Scranton, PA

Not Listed for Sale

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Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

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