NOT LISTED FOR SALE

Estimated Value: $372,000 - $738,000

Studio
-- Bath
5,101 Sq Ft
$98/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

Last sale price $217,000 $43 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,177 / mo

169 Days on Market

Highlights

  • 0.29 Acre Lot
  • Baseboard Heating
  • Coin Laundry
  • 2 Car Detached Garage

About This Home

As of January 2016

Stately Hill Section Colonial now converted to 5 units, with possibility of a 6th unit in basement, all larger units with lots of character where & no 2 units are the same, the tenant pays their own electric and heat. All units have upgraded baths and most have undated kitchens, all are large and lots of character, close to the Medical College, 2 car detached garage rented for addit'l 200/month, Semi-Modern Kitchen: Y, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern,SemiMod, Baths: SemiMod,Modern, SqFt Fin - 3rd: 719.00, SqFt Fin - Main: 2623.00, SqFt Fin - 2nd: 1759.00

Last Agent to Sell the Property

Bob Reber

CLASSIC PROPERTIES License #RS132915A Listed on: 06/28/2015

Last Buyer's Agent

Bob Reber

CLASSIC PROPERTIES License #RS132915A Listed on: 06/28/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 80x160

Parking

  • 2 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Stucco

Interior Spaces

  • 5,101 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 14678030009
  • $36,000 per year additional tax assessments

Community Details

Building Details

  • Water Sewer Expense $3,480
  • Gross Income $56,100

Additional Features

  • 5 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Directions: I-81 to Scranton exit, take Scranton Expressway to left on Mulberry St to right on Clay down a few blocks to house or right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area, None
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Coin Laundry
  • Above Grade Finished Sq Ft: 5101
  • Architectural Style: Complex
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 4334.23
  • EnhancedAcccessible: No
  • WaterExpense: 3480.00
  • SewerExpense: 2000.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Roof: Fiberglass
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • RoadFrontageLength: 80.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: None, Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 80X160
  • Additional Parcels: No
  • Parcel #: 14678030009
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10912.05
  • Tax Book Number: 2013-04753
  • Tax Other Annual Assessment Amount: 36000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 56100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2015
Closed on
Jan 6, 2016
Sold by
Tomaine Ling and Tomaine Giovanni
Bought by
Pejcinovic Ganija
Seller's Agent
Bob Reber
CLASSIC PROPERTIES
Buyer's Agent
Bob Reber
CLASSIC PROPERTIES
List Price
$310,000
Sold Price
$217,000
Premium/Discount to List
-$93,000
-30%
Current Estimated Value
$501,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,284
Avg. Annual Appreciation
8.45%
Original Mortgage
$117,000
Outstanding Balance
$91,357
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$409,927

Purchase Details

Listed on
Apr 1, 2013
Closed on
Feb 21, 2013
Sold by
Pettinato Robert W and Pettinato James J
Bought by
Tomaine Ling
Seller's Agent
RACHEL WINEBRAKE
Coldwell Banker Town & Country Properties
Buyer's Agent
RACHEL WINEBRAKE
Coldwell Banker Town & Country Properties
Sold Price
$10,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Jun 15, 2005
Sold by
Pettinato Yolanda
Bought by
Pettinato Robert W and Pettinato James J
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
Pejcinovic Ganija $217,000 None Available
Tomaine Ling $175,000 None Available
Pettinato Robert W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pejcinovic Ganija $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2016 01/15/16 Sold $217,000 -30.0% $43 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $310,000 0.0% $61 / Sq Ft
12/17/2014 12/17/14 Rented $10,800 +1209.1% --
12/16/2014 12/16/14 Under Contract -- -- --
10/21/2014 10/21/14 For Rent $825 -94.7% --
05/08/2014 05/08/14 Rented $15,600 +1467.8% --
05/08/2014 05/08/14 Under Contract -- -- --
04/08/2014 04/08/14 For Rent $995 -92.5% --
02/01/2014 02/01/14 Rented $13,200 +842.9% --
01/19/2014 01/19/14 Under Contract -- -- --
12/19/2013 12/19/13 For Rent $1,400 -86.3% --
04/22/2013 04/22/13 Rented $10,200 +1100.0% --
04/13/2013 04/13/13 Under Contract -- -- --
04/01/2013 04/01/13 For Rent $850 0.0% --
03/04/2013 03/04/13 Sold $175,000 -37.5% $30 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Pending -- -- --
12/12/2011 12/12/11 For Sale $280,000 -- $48 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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
2026 $51,510 $321,960 $48,570 $273,390
2025 $13,640 $36,000 $16,200 $19,800
2024 $12,603 $36,000 $16,200 $19,800
2023 $12,603 $36,000 $16,200 $19,800
2022 $12,330 $36,000 $16,200 $19,800
2021 $12,330 $36,000 $16,200 $19,800
2020 $12,137 $36,000 $16,200 $19,800
2019 $11,460 $36,000 $16,200 $19,800
2018 $11,460 $36,000 $16,200 $19,800
2017 $11,291 $36,000 $16,200 $19,800
2016 $4,768 $36,000 $16,200 $19,800
2015 $8,845 $36,000 $16,200 $19,800
2014 -- $36,000 $16,200 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB153252

Greater Scranton Board of REALTORS®

APN: 14678030009

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