NOT LISTED FOR SALE

912 S Main St Old Forge, PA 18518

Estimated Value: $263,000 - $723,308

Studio
-- Bath
4,880 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $620,000 $127 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $2,838/month

157 Days on Market

About This Home

As of May 2022

This upscale investment property consists of 4 ultra modern apartments. The building is fully rented and the tenants pay heat & electric. Large communal patio in front. Convenient location. Gross rent of $60,000 per year., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 2440.00, SqFt Fin - 2nd: 2440.00

Last Agent to Sell the Property

Jim Nasser

NASSER REAL ESTATE, INC. License #AB065869 Listed on: 07/09/2021

Last Buyer's Agent

Rebecca O'Brien

Coldwell Banker Town & Country Properties License #RS349939

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 107x74x77x107
  • Interior Lot

Parking

  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 4,880 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 18407030032

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $3,120
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,001

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Heading south, take Main St through Old Forge, bear left onto Bridge St, property on left (Sign)
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Interior Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4880
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 3064.60
  • EnhancedAcccessible: No
  • WaterExpense: 3120.00
  • SewerExpense: 1120.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stone, Vinyl Siding
  • RoadFrontageLength: 107.00

Garage/Parking

  • Parking Features: None, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Old Forge

Lot Info

  • Land Lease: No
  • Lot Dimensions: 107X74X77X107
  • Additional Parcels: No
  • Parcel #: 18407030032
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5000.51
  • Tax Book Number: 2016-01020

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Apr 29, 2022
Sold by
Mattioli Jason J and Mattioli Rebecca S
Bought by
Bluestone Lane Llc
Seller's Agent
Jim Nasser
NASSER REAL ESTATE, INC.
Buyer's Agent
Rebecca O'Brien
Coldwell Banker Town & Country Properties
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%
Current Estimated Value
$441,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$178,897
Avg. Annual Appreciation
-8.72%
Original Mortgage
$434,000
Outstanding Balance
$411,732
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$29,371

Purchase Details

Closed on
Aug 2, 2021
Sold by
Miner Beth Ann and Estate Of Bruce R Rathbun Jr
Bought by
Mattioli Jason J and Morrison Mattioli Rebecca

Purchase Details

Closed on
Jan 7, 2016
Sold by
Miner Beth Ann
Bought by
Mattioli Jason J

Purchase Details

Closed on
Oct 16, 2009
Sold by
Dollak Zachary
Bought by
Rathbun Bruce R

Purchase Details

Closed on
Nov 6, 2008
Sold by
Plisko George A and Navich Thomas
Bought by
Dollak Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.08%
Mortgage Type
FHA
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
Bluestone Lane Llc $620,000 None Listed On Document
Mattioli Jason J $125,005 None Available
Mattioli Jason J -- None Available
Rathbun Bruce R -- None Available
Dollak Zachary $375,000 Greater Pittston Abstracting
Plisko George A -- Greater Pittston Abstracting
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bluestone Lane Llc $434,000
Previous Owner Dollak Zachary $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $620,000 -4.5% $127 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $649,000 -- $133 / 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
2025 $5,965 $23,000 $2,500 $20,500
2024 $5,320 $23,000 $2,500 $20,500
2023 $5,320 $23,000 $2,500 $20,500
2022 $5,141 $23,000 $2,500 $20,500
2021 $5,001 $23,000 $2,500 $20,500
2020 $4,943 $23,000 $2,500 $20,500
2019 $4,736 $23,000 $2,500 $20,500
2018 $4,690 $23,000 $2,500 $20,500
2017 $4,690 $23,000 $2,500 $20,500
2016 $2,904 $23,000 $2,500 $20,500
2015 -- $23,000 $2,500 $20,500
2014 -- $23,000 $2,500 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB212949

Greater Scranton Board of REALTORS®

APN: 18407030032