NOT LISTED FOR SALE

916 Prospect Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $228,173 - $290,000

6 Beds
3 Baths
2,800 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $188,500 $67 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,701/month

4 Days on Market

Highlights

  • 1 Car Detached Garage
  • Dining Room
  • Heating Available
  • Living Room

About This Home

As of January 2022

Looking for someone to pay your mortgage?ATTENTION INVESTORS! Fully occupied 3 unit in the South Side section of Scranton. Clean and welcoming, this property has many updates including a new roof. Units feature ceramic and laminate flooring. Separate heat and electric. Off street parking in the rear with alley access. An additional detached garage with a second floor. Can be storage or possible additional rental income., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1400.00, SqFt Fin - 2nd: 1400.00

Last Agent to Sell the Property

Michael Kalteski

Coldwell Banker Town & Country Properties License #RS283646 Listed on: 11/20/2021

Coldwell Banker Town & Country Properties

Last Buyer's Agent

SARA WEISS

C21 Jack Ruddy Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x150

Parking

  • 1 Car Detached Garage
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 15619060054
  • $9,100 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $2,160
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,748

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: Heading South on Pittston Ave, left on River, Right on Prospect to the 900 block.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2800
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1252.34
  • EnhancedAcccessible: No
  • WaterExpense: 2160.00
  • SewerExpense: 2160.00
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeSecurityDeposit: 0.00
  • GSB_UnitTypeSecurityDeposit: 0.00
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeSecurityDeposit: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 40.00

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Off Street, Unpaved, On Street, Detached, Gravel
  • Total Parking Spaces: 3

Utilities

  • Cooling: None
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X150
  • Additional Parcels: No
  • Parcel #: 15619060054
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2747.64
  • Tax Book Number: 0379/0023
  • Tax Other Annual Assessment Amount: 9100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Jan 28, 2022
Sold by
Jenkins Iv Thomas F
Bought by
916 Prospect Llc
Seller's Agent
Michael Kalteski
Coldwell Banker Town & Country Properties
Buyer's Agent
SARA WEISS
C21 Jack Ruddy Real Estate
List Price
$189,000
Sold Price
$188,500
Premium/Discount to List
-$500
-0.26%
Current Estimated Value
$263,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,617
Avg. Annual Appreciation
9.65%
Original Mortgage
$150,000
Outstanding Balance
$140,603
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$120,821

Purchase Details

Closed on
Nov 29, 2000
Bought by
Jenkins Thomas F and Davis Eliz
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
916 Prospect Llc $188,500 None Listed On Document
Jenkins Thomas F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 916 Prospect Llc $150,000
Previous Owner Jenkins Thomas F $81,276
Previous Owner Jenkins Thomas F $90,000
Previous Owner Jenkins Thomas $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $188,500 -0.3% $67 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $189,000 0.0% $68 / Sq Ft
07/24/2017 07/24/17 Rented $11,100 +825.0% --
07/24/2017 07/24/17 Under Contract -- -- --
05/19/2017 05/19/17 For Rent $1,200 -- --
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 $3,115 $9,100 $2,400 $6,700
2024 $2,859 $9,100 $2,400 $6,700
2023 $2,859 $9,100 $2,400 $6,700
2022 $2,796 $9,100 $2,400 $6,700
2021 $2,796 $9,100 $2,400 $6,700
2020 $2,748 $9,100 $2,400 $6,700
2019 $2,588 $9,100 $2,400 $6,700
2018 $2,588 $9,100 $2,400 $6,700
2017 $2,546 $9,100 $2,400 $6,700
2016 $897 $9,100 $2,400 $6,700
2015 $1,944 $9,100 $2,400 $6,700
2014 -- $9,100 $2,400 $6,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Kalteski

    Coldwell Banker Town & Country Properties

    (570) 677-6048

    1 in this area

    12 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    SARA WEISS

    C21 Jack Ruddy Real Estate

  • C

    Seller's Agent in 2017

    Carl Canedy

    ERA One Source Realty

  • E

    Buyer's Agent in 2017

    Eric Scritchfield

    Keller Williams Real Estate-Clarks Summit

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB215385

Greater Scranton Board of REALTORS®

APN: 15619060054

Pennsylvania Lackawanna County Scranton 18505 South Side

916 Prospect Ave, Scranton, PA

This home is located at 916 Prospect Ave, Scranton, PA 18505 since 20 November 2021 and is currently estimated at $263,543, approximately $94 per square foot. This property was built in 1940. 916 Prospect Ave is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, 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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