NOT LISTED FOR SALE

918 Cedar Ave Scranton, PA 18505

South Side Neighborhood

Estimated Value: $87,000 - $159,000

Studio
-- Bath
2,523 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2013

Last sale price $30,000 $12 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $766 / mo

97 Days on Market

About This Home

As of January 2013

Great investment property, 3 units fully rented tenants pay electric, 2 parcels on one deed. City of Scranton rental certificates up to date and available upon request. Low taxes, motivated seller. Tax ID's 15619020050 and 15619020049 included in the list price., Old Kitchen: Y, Tax Information: Available, Kitchen: Old, Baths: Old, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1529.00, SqFt Fin - 2nd: 994.00, Additional Info: All information approximate and not guaranteed, investors/buyers agents due diligence recommended. Turn Key Operation.

Last Agent to Sell the Property

Judy Cerra

Berkshire Hathaway Home Services Preferred Properties License #RS314785 Listed on: 09/20/2012

Berkshire Hathaway Home Services Preferred Properties

Last Buyer's Agent

Eileen Ranieri

CLASSIC PROPERTIES License #RS311271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 41x188x38x188

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Wood Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Gas Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15619020049
  • $8,500 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Water Sewer Expense $2,016
  • Gross Income $17,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Directions: South on Cedar Ave from Downtown Scranton, Property on right, steps on right of building lead to units
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1925
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 2523
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 946.56
  • EnhancedAcccessible: No
  • WaterExpense: 2016.00
  • SewerExpense: 1200.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Number Of Buildings: 2
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • RoadFrontageLength: 41.00

Garage/Parking

  • Parking Features: None, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R03
  • Land Lease: No
  • Lot Dimensions: 41X188X38X188
  • Additional Parcels: No
  • Parcel #: 15619020049
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1797.12
  • Tax Book Number: 1257/0057
  • Tax Other Annual Assessment Amount: 8500

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 17940

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Jan 14, 2013
Sold by
Bought by
Seller's Agent
Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Buyer's Agent
Eileen Ranieri
CLASSIC PROPERTIES
List Price
$50,000
Sold Price
$30,000
Premium/Discount to List
-$20,000
-40%
Current Estimated Value
$118,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,958
Avg. Annual Appreciation
10.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$30,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $30,000 -40.0% $12 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $50,000 -- $20 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,271 $57,950 $22,660 $35,290
2025 $1,029 $3,000 $800 $2,200
2024 $944 $3,000 $800 $2,200
2023 $944 $3,000 $800 $2,200
2022 $924 $3,000 $800 $2,200
2021 $924 $3,000 $800 $2,200
2020 $907 $3,000 $800 $2,200
2019 $855 $3,000 $800 $2,200
2018 $855 $3,000 $800 $2,200
2017 $841 $3,000 $800 $2,200
2016 $297 $3,000 $800 $2,200
2015 $642 $3,000 $800 $2,200
2014 -- $3,000 $800 $2,200
Source: Public Records

Agents Affiliated with this Home

  • Judy Cerra

    Seller's Agent in 2013

    Judy Cerra

    Berkshire Hathaway Home Services Preferred Properties

    (570) 585-1500

    28 in this area

    177 Total Sales

    Judy Cerra
    Section Image

  • E

    Buyer's Agent in 2013

    Eileen Ranieri

    CLASSIC PROPERTIES

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB124383

Greater Scranton Board of REALTORS®

APN: 15619020050

Pennsylvania Lackawanna County Scranton 18505 South Side

918 Cedar Ave, Scranton, PA

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Greater Scranton Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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