R
Seller's Agent in 2018
Ron Parasole
Parasole Property Management & Assoc. LP
(570) 903-8969
9 Total Sales
840 Clay Ave Scranton, PA 18510
Hill Section Neighborhood
--
Bed
--
Bath
11,990
Sq Ft
0.44
Acres
Highlights
- 0.44 Acre Lot
- 4 Car Detached Garage
- Heating System Uses Steam
About This Home
As of December 2018LOCATION LOCATION High income $65K NOI potential around the corner to the commonwealth medical school this 12,000 sq/ft Massive Mansion of a property. Its a 3 story apt. building located in the Hill Section of Scranton. In close proximity to hospitals, schools, parks, etc. Features include 5 fireplaces, hardwood floors & trim, large units, a detached garage and too much to list. Building has been partially renovated with a brand new rubber roof, some floors refinished, ceramic tiles w/ kitchen cabinets installed in some areas. Needs a total renovation to get the projected Net income of $65K and is perfect investment for a contractor. Not many properties of this caliber come onto the market often, Modern Kitchen: Y, Old Kitchen: Y, Tax Information: Available, Kitchen: Modern,Old, Baths: Old, SqFt Fin - 3rd: 2766.00, SqFt Fin - Main: 4612.00, SqFt Fin - 2nd: 4612.00
Last Agent to Sell the Property
Parasole Property Management & Assoc. LP License #RM423889 Listed on: 10/30/2018
Last Buyer's Agent
Parasole Property Management & Assoc. LP License #RM423889 Listed on: 10/30/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 107x160x160x39x53x121
Parking
- 4 Car Detached Garage
- Parking Pad
- Driveway
- Off-Street Parking
Home Design
- Rolled or Hot Mop Roof
- Rubber Roof
- Stucco
Interior Spaces
- 11,990 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Heating System Uses Steam
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 14678030011
- $45,000 per year additional tax assessments
Community Details
Overview
- 6 Units
Building Details
- Water Sewer Expense $6,240
- Gross Income $110,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2018 12/03/18 | Sold | $175,000 | -10.3% | $15 / Sq Ft | |
| 11/05/2018 11/05/18 | Pending | -- | -- | -- | |
| 10/30/2018 10/30/18 | For Sale | $195,000 | +50.0% | $16 / Sq Ft | |
| 10/01/2015 10/01/15 | Sold | $130,000 | -18.7% | $11 / Sq Ft | View Prior Sale |
| 07/21/2015 07/21/15 | Pending | -- | -- | -- | |
| 12/12/2014 12/12/14 | For Sale | $159,900 | -- | $13 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $16,086 | $43,000 | $18,300 | $24,700 |
| 2024 | $14,851 | $43,000 | $18,300 | $24,700 |
| 2023 | $14,851 | $43,000 | $18,300 | $24,700 |
| 2022 | $14,529 | $43,000 | $18,300 | $24,700 |
| 2021 | $14,529 | $43,000 | $18,300 | $24,700 |
| 2020 | $14,298 | $43,000 | $18,300 | $24,700 |
| 2019 | $14,334 | $45,000 | $20,300 | $24,700 |
| 2018 | $14,334 | $45,000 | $20,300 | $24,700 |
| 2017 | $14,123 | $45,000 | $20,300 | $24,700 |
| 2016 | $5,969 | $45,000 | $20,300 | $24,700 |
| 2015 | $11,065 | $45,000 | $20,300 | $24,700 |
| 2014 | -- | $45,000 | $20,300 | $24,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Parasole
-
Jim Nasser
Seller's Agent in 2015
Jim Nasser
NASSER REAL ESTATE, INC.
(570) 466-0355
12 in this area
263 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSB185136
APN: 14678030011
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.
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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