NOT LISTED FOR SALE

Estimated Value: $406,000 - $454,000

-- Bed
-- Bath
3,996 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $239,300 $60 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,102/month

157 Days on Market

Highlights

  • Deck
  • Porch
  • Views

About This Home

As of May 2017

Once in a lifetime opportunity to become the next proud owner of this beautiful and well-cared for Hill Section 4-Unit. Look at the pictures - this is not a typical apartment building at all. 3 Units are 3 Bedrooms, 1 Unit is 2 Bedrooms, all have laundry rooms, hardwoods and stunning woodwork, built-ins, stained glass windows, parking and proper ingress and egress. Long-term tenants, owner-occupied and updates throughout. Newer gas furnace, separate electric. Prime location of the Historic Hill Section with beautiful views., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1332.00, SqFt Fin - Main: 1332.00, SqFt Fin - 2nd: 1332.00, Additional Info: Second floor, no rent listed because it's owner occupied. Rents are low and would typically be between $850-1100/mo.

Last Agent to Sell the Property

Nell Donnelly-O'Boyle

Wayne Evans Realty Listed on: 09/26/2016

Last Buyer's Agent

Nell Donnelly-O'Boyle

Wayne Evans Realty Listed on: 09/26/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x147x40x151

Home Design

  • Rubber Roof
  • Stucco

Interior Spaces

  • 3,996 Sq Ft Home
  • 4-Story Property
  • Basement Fills Entire Space Under The House
  • Property Views

Parking

  • Parking Pad
  • Paved Parking

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14618050007
  • $24,622 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $2,124
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From Mulberry Street by University of Scranton, turn on North Webster, continue up five blocks - property on right.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 4
  • Year Built: 1900
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Views
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 3996
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 3047.46
  • EnhancedAcccessible: No
  • WaterExpense: 2124.00
  • SewerExpense: 1737.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

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

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Stucco
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: Asphalt, Parking Pad

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: 40X147X40X151
  • Additional Parcels: No
  • Parcel #: 14618050007
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6797.98
  • Tax Book Number: 958/680
  • Tax Other Annual Assessment Amount: 24622

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 25200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
May 10, 2017
Sold by
Manzano Maria
Bought by
Kolatis Philip J
Seller's Agent
Nell Donnelly-O'Boyle
Wayne Evans Realty
Buyer's Agent
Nell Donnelly-O'Boyle
Wayne Evans Realty
List Price
$274,900
Sold Price
$239,300
Premium/Discount to List
-$35,600
-12.95%
Current Estimated Value
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,700
Avg. Annual Appreciation
3.79%
Original Mortgage
$640,000
Outstanding Balance
$342,693
Interest Rate
3.39%
Mortgage Type
Commercial
Estimated Equity
-$19,026
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
Kolatis Philip J $239,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolatis Philip J $640,000
Previous Owner Manzano Maria $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $239,300 -13.0% $60 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
09/26/2016 09/26/16 For Sale $274,900 0.0% $69 / Sq Ft
10/30/2012 10/30/12 Rented $8,400 +1100.0% --
10/29/2012 10/29/12 Under Contract -- -- --
09/12/2012 09/12/12 For Rent $700 -- --
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 $8,331 $24,622 $6,000 $18,622
2024 $7,640 $24,622 $6,000 $18,622
2023 $7,640 $24,622 $6,000 $18,622
2022 $7,473 $24,622 $6,000 $18,622
2021 $7,473 $24,622 $6,000 $18,622
2020 $7,341 $24,622 $6,000 $18,622
2019 $6,914 $24,622 $6,000 $18,622
2018 $6,914 $24,622 $6,000 $18,622
2017 $6,798 $24,622 $6,000 $18,622
2016 $0 $24,622 $6,000 $18,622
2015 $4,990 $24,622 $6,000 $18,622
2014 -- $24,622 $6,000 $18,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB164703

Greater Scranton Board of REALTORS®

APN: 14618050007