NOT LISTED FOR SALE

901 Monroe Ave Scranton, PA 18510

Hill Section Neighborhood

Estimated Value: $271,000 - $337,000

Studio
-- Bath
2,645 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $240,000 $91 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,102/month

3 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Porch

About This Home

As of July 2022

Well cared for 3-unit property located near the city's hospitals and colleges. Large rooms, in unit laundry hook-ups, Live in one unit and rent out the others or rent them all for a great income opportunity. Home is on a corner lot providing plenty of on street parking as well as a concrete driveway with space for one vehicle. Don't let the exterior fool you. The inside has been very nicely remodeled, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: Modern, SqFt Fin - 3rd: 685.00, SqFt Fin - Main: 1052.00, SqFt Fin - 2nd: 908.00

Last Agent to Sell the Property

Sherri Hoban

Keller Williams Real Estate-Clarks Summit License #RS347438 Listed on: 04/25/2022

Last Buyer's Agent

Leah Gianacopoulos

ERA One Source Realty License #RS325414

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 64x50
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,645 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 14670020008
  • $18,000 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $2,000
  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Directions: Green Ridge St to Monroe home is on the corner of Myrtle and Monroe
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup, None
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2645
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 2477.16
  • EnhancedAcccessible: No
  • WaterExpense: 2000.00
  • SewerExpense: 0.00
  • 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: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 114.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, On Street, Off Street, Driveway

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 64X50
  • Additional Parcels: No
  • Parcel #: 14670020008
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5577.14
  • Tax Book Number: 1467/0481
  • Tax Other Annual Assessment Amount: 18000

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 15, 2022
Sold by
Barrett Anthony F
Bought by
Patel Rajeshbhai R and Patel Jaiminiben Rajesh
Seller's Agent
Sherri Hoban
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Leah Gianacopoulos
ERA One Source Realty
List Price
$226,000
Sold Price
$240,000
Premium/Discount to List
$14,000
6.19%
Current Estimated Value
$301,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,394
Avg. Annual Appreciation
6.72%
Original Mortgage
$160,000
Outstanding Balance
$134,362
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$167,032

Purchase Details

Closed on
Apr 8, 1994
Bought by
Barrett Anthony F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Rajeshbhai R $240,000 Durkin Lawrence A
Barrett Anthony F $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rajeshbhai R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Off Market $240,000 -- --
07/15/2022 07/15/22 Sold $240,000 +6.2% $91 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $226,000 -- $85 / 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 $6,309 $18,000 $5,500 $12,500
2024 $5,800 $18,000 $5,500 $12,500
2023 $5,800 $18,000 $5,500 $12,500
2022 $5,674 $18,000 $5,500 $12,500
2021 $5,674 $18,000 $5,500 $12,500
2020 $5,577 $18,000 $5,500 $12,500
2019 $5,257 $18,000 $5,500 $12,500
2018 $5,257 $18,000 $5,500 $12,500
2017 $5,172 $18,000 $5,500 $12,500
2016 $1,911 $18,000 $5,500 $12,500
2015 $3,975 $18,000 $5,500 $12,500
2014 -- $18,000 $5,500 $12,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherri Hoban

    Keller Williams Real Estate-Clarks Summit

  • Leah Gianacopoulos

    Buyer's Agent in 2022

    Leah Gianacopoulos

    ERA One Source Realty

    (570) 947-9250

    25 in this area

    437 Total Sales

    Leah Gianacopoulos
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB221655

Greater Scranton Board of REALTORS®

APN: 14670020008

Pennsylvania Lackawanna County Scranton 18509 Hill Section

901 Monroe Ave, Scranton, PA

Not Listed for Sale

MultiFamily

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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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