NOT LISTED FOR SALE

825 827 Electric St Scranton, PA 18509

Greenridge Neighborhood

Estimated Value: $307,000 - $458,000

-- Bed
-- Bath
6,200 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $339,000 $55 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,549/month

6 Days on Market

Highlights

  • Deck
  • Heating System Uses Steam
  • Level Lot
  • Porch

About This Home

As of March 2023

CALLING ALL INVESTORS! We are presenting you with the largest duplex seen on the market in the last decade in the historical and sought-after Green Ridge neighborhood. This stately property has it ALL: an amazing ROI, curb appeal, tip-top interiors, completely separate utilities, and wonderful long-term tenants. Current owners have done many updates. It is established & TURN KEY, grossing $41,400, while still having value-add and appreciation opportunity!Here's a bonus: the current property manager is the best in town and will gladly continue managing if you need! Call your partners, lender, and/or agent now because you don't want to miss your window to own this.*Showings start Saturday 2/18. Taxes listed are face value for 2023, can save $ by paying during discount period. The tax $ listed also includes the city garbage fee!*, Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 1600.00, SqFt Fin - Main: 1800.00, SqFt Fin - 2nd: 1800.00, Additional Info: For basement - fin sqft is an estimate; basement has heat & was utilized as finished space by previous tenants but carpeting was removed prior to new tenant moving in (it was gross) and not replaced.

Last Agent to Sell the Property

Kate Daye Ruane

ERA One Source Realty License #RM425525 Listed on: 02/15/2023

Last Buyer's Agent

Kate Daye Ruane

ERA One Source Realty License #RM425525 Listed on: 02/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,347

Year Built

  • Built in 1902

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 51x137x50x145
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $41,400

Listing and Financial Details

  • Assessor Parcel Number 13514020042
  • $18,000 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,347

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: From Green Ridge St. turn left onto Wyoming & then left on Electric, house will be on right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1902
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 5200
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • EnhancedAcccessible: No
  • WaterExpense: 0.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 1000

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 51.00

Garage/Parking

  • Parking Features: None, See Remarks, Other, On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 51X137X50X145
  • Additional Parcels: No
  • Parcel #: 13514020042
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6347
  • Tax Book Number: 202017754
  • Tax Other Annual Assessment Amount: 18000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 41400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 15, 2023
Sold by
18509 Scranton Llc
Bought by
Gloumis Demetrios and Gloumis Ioannis
Seller's Agent
Kate Daye Ruane
ERA One Source Realty
Buyer's Agent
Kate Daye Ruane
ERA One Source Realty
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$372,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,347
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Jul 12, 2020
Closed on
Sep 24, 2020
Sold by
Moran Stacey Marie
Bought by
18509 Scranton Llc
Seller's Agent
Nicholas Browning
Christian Saunders Real Estate
Buyer's Agent
Kate Daye
Revolve Real Estate
List Price
$229,900
Sold Price
$228,900
Premium/Discount to List
-$1,000
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$171,675
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2012
Sold by
Nicolais Lawrence L and Moran Robert T
Bought by
Moran Stacey Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2009
Sold by
Pramick Barbara and Reagan Eileen
Bought by
Nicolais Lawrence L and Moran Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,300
Interest Rate
4.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2008
Sold by
Nuttall Elinor T
Bought by
Pramick Barbara and Reagan Eileen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gloumis Demetrios $339,000 --
18509 Scranton Llc $228,900 None Available
Moran Stacey Marie $165,000 None Available
Nicolais Lawrence L $160,000 None Available
Pramick Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 18509 Scranton Llc $171,675
Previous Owner Moran Stacey M $26,400
Previous Owner Moran Stacey Marie $132,000
Previous Owner Nicolais Lawrence L $22,300
Previous Owner Nicolais Lawrence L $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $339,000 0.0% $55 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $339,000 +48.1% $55 / Sq Ft
09/25/2020 09/25/20 Sold $228,900 -0.4% $39 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $229,900 -- $40 / 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 $6,437 $18,000 $6,150 $11,850
2024 $5,926 $18,000 $6,150 $11,850
2023 $5,926 $18,000 $6,150 $11,850
2022 $5,797 $18,000 $6,150 $11,850
2021 $5,797 $18,000 $6,150 $11,850
2020 $5,700 $18,000 $6,150 $11,850
2019 $5,375 $18,000 $6,150 $11,850
2018 $5,375 $18,000 $6,150 $11,850
2017 $5,291 $18,000 $6,150 $11,850
2016 $0 $18,000 $6,150 $11,850
2015 $3,759 $18,000 $6,150 $11,850
2014 -- $18,000 $6,150 $11,850
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kate Daye Ruane

    ERA One Source Realty

  • N

    Seller's Agent in 2020

    Nicholas Browning

    Christian Saunders Real Estate

    (570) 335-9000

    6 in this area

    43 Total Sales

    Nicholas Browning
    Section Image
  • Kate Daye

    Buyer's Agent in 2020

    Kate Daye

    Revolve Real Estate

    (302) 242-8781

    4 in this area

    70 Total Sales

    Kate Daye
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB23477

Greater Scranton Board of REALTORS®

APN: 13514020042

Pennsylvania Lackawanna County Scranton 18509 Greenridge

825 827 Electric St, Scranton, PA

This home is located at 825 827 Electric St, Scranton, PA 18509 since 15 February 2023 and is currently estimated at $372,347, approximately $60 per square foot. This property was built in 1902. 825 827 Electric St is a home located in Lackawanna County with nearby schools including Robert Morris #27, Northeast Scranton Intermediate School, and Scranton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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