NOT LISTED FOR SALE

88 S Gates Ave Kingston, PA 18704

Estimated Value: $209,000 - $313,000

-- Bed
-- Bath
2,820 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $212,000 $75 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,710/month

10 Days on Market

Highlights

  • Community Deck or Porch
  • Property is in very good condition
  • Hot Water Baseboard Heater

About This Home

As of August 2021

Don't miss out on this well kept multiunit in a perfect location. This property is currently set up as a 3 unit property and there is potential for a 4th unit without much work. All the utilities are paid by the tenants so the cash flow is outstanding. This is the perfect opportunity for the wise investor.

Last Agent to Sell the Property

Dave Wychock

Wychock Real Estate, LLC License #RM423211 Listed on: 05/28/2021

Last Buyer's Agent

Joseph Mazzola

Action Real Estate License #RS284375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 110x56
  • Property is in very good condition

Parking

  • No Garage

Home Design

  • Triplex
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

Building Details

  • Water Sewer Expense $750
  • Real Estate Tax Expense $2,406
  • Gross Income $21,600

Additional Features

  • 3 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1973

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Market St to a left on S Thomas. Then left on Northampton. Then left on S Gates. House on Right
  • Est County Tax: 593.52
  • Estimated School Tax: 1663.30
  • EstTotalTax: 2405.92
  • Age: 41 - 50 Yrs
  • Expenses Annual Sewer Exp: 750.00
  • Hot Water Heater: Electric
  • Listing Member Name: David Wychock
  • Listing Office Short Id: 1891
  • Tax Municipality: Kingston Boro
  • Open House Office I D: 20160315182718405242000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 2973
  • Selling Office Short Id: 1864
  • Year Built: 1973
  • InteriorFinish: Drywall
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 2820.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: N
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: N
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: N
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: N
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: N
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full-Finished

Exterior Features

  • Property Condition: Very Good
  • Exterior: Vinyl
  • Roof: Comp Shingle

Garage/Parking

  • Spaces: 0
  • Garage Type: None

Utilities

  • Hvac Type: None
  • Heat Fuel Type: Gas
  • Heat Type: Hot Water Baseboard
  • Sewer: Public
  • Hot Water: Public

Association/Amenities

  • MFAmenities: Deck

Condo/Co-op/Association

  • Number of Units: 3

Schools

  • School District: Wyoming Valley West
  • School District: Wyoming Valley West

Lot Info

  • Lot Size: 110x56
  • Zoning: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 13, 2021
Sold by
Marchese Janice and Owens Janice
Bought by
Santana Rosangel Del Rosario
Seller's Agent
Dave Wychock
Wychock Real Estate, LLC
Buyer's Agent
Joseph Mazzola
Action Real Estate
List Price
$199,900
Sold Price
$212,000
Premium/Discount to List
$12,100
6.05%
Current Estimated Value
$275,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,460
Avg. Annual Appreciation
7.17%
Original Mortgage
$208,160
Outstanding Balance
$191,312
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$89,269

Purchase Details

Closed on
Jun 19, 2002
Bought by
Marchese Janice
Source: Public Records

Range of Values:

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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
Santana Rosangel Del Rosario $212,000 None Available
Marchese Janice $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Rosangel Del Rosario $208,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $212,000 +6.1% $75 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $199,900 -- $71 / Sq Ft
Source: Luzerne County Association 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 $2,538 $96,200 $19,500 $76,700
2024 $2,538 $96,200 $19,500 $76,700
2023 $2,495 $96,200 $19,500 $76,700
2022 $2,477 $96,200 $19,500 $76,700
2021 $2,406 $96,200 $19,500 $76,700
2020 $2,406 $96,200 $19,500 $76,700
2019 $2,335 $96,200 $19,500 $76,700
2018 $2,262 $96,200 $19,500 $76,700
2017 $2,198 $96,200 $19,500 $76,700
2016 -- $96,200 $19,500 $76,700
2015 -- $96,200 $19,500 $76,700
2014 -- $96,200 $19,500 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 21-2488

APN: 34-H9NE4-003-01B-000