NOT LISTED FOR SALE

942 E Elm St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $161,000 - $210,000

-- Bed
-- Bath
2,000 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $150,000 $75 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,224/month

105 Days on Market

Highlights

  • Deck
  • Porch
  • Baseboard Heating

About This Home

As of March 2024

Prime Investment Prospect: Desirable up-and-down duplex nestled near Scranton's sought-after East Mountain area. Positioned within a convenient 10-minute drive to the picturesque Lake Scranton, this property boasts a spacious backyard, ideal for relaxation and recreation. Currently, the owner occupies the downstairs unit, while the upper tenant enjoys a substantially under-market rental rate, revealing exceptional untapped profit potential awaiting your savvy investment vision!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1000.00, SqFt Fin - 2nd: 1000.00

Last Agent to Sell the Property

Zachary Meckes

Keller Williams Real Estate-Clarks Summit License #RS370011 Listed on: 10/29/2023

Keller Williams Real Estate-Clarks Summit

Last Buyer's Agent

Allison Doyle

EXP Realty LLC License #RS371400

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x160

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 16712030027
  • $10,000 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $120
  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Pittston Ave in South Scranton, turn up Maple, turn right on Crown Avenue, then left on E Elm. Property on right.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup, None
  • ResoLotFeatures: Rectangular Lot
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 2000
  • Architectural Style: Duplex Up & Down
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1478.49
  • EnhancedAcccessible: No
  • WaterExpense: 120.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None, See Remarks, Other, On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas, Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X160
  • Additional Parcels: No
  • Parcel #: 16712030027
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2787.63
  • Tax Book Number: 201919630
  • Tax Other Annual Assessment Amount: 10000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Labovits Menachem and Fleischman Shimon
Bought by
942 E Elm Llc
Current Estimated Value
$182,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Outstanding Balance
$180,374
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,430

Purchase Details

Listed on
Oct 29, 2023
Closed on
Mar 20, 2024
Sold by
Torres Juan J
Bought by
Labovits Menachem
Seller's Agent
Zachary Meckes
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
Allison Doyle
EXP Realty LLC
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Nov 22, 2019
Sold by
Rush George E
Bought by
Torres Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Rush George E and Reed Ernestine
Bought by
Rush George E

Purchase Details

Closed on
Mar 15, 2011
Sold by
Andres Mary H
Bought by
Rush George E and Reed Ernestine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
942 E Elm Llc -- None Listed On Document
Labovits Menachem $150,000 None Listed On Document
Torres Juan J $70,000 Passport Title Services Llc
Rush George E -- None Available
Rush George E $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 942 E Elm Llc $182,250
Previous Owner Torres Juan J $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $150,000 -14.3% $75 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
10/29/2023 10/29/23 For Sale $175,000 -- $88 / 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 $3,062 $10,000 $800 $9,200
2024 $2,788 $10,000 $800 $9,200
2023 $2,788 $10,000 $800 $9,200
2022 $2,726 $10,000 $800 $9,200
2021 $2,726 $10,000 $800 $9,200
2020 $2,672 $10,000 $800 $9,200
2019 $2,510 $10,000 $800 $9,200
2018 $2,510 $10,000 $800 $9,200
2017 $2,463 $10,000 $800 $9,200
2016 $651 $10,000 $800 $9,200
2015 $1,820 $10,000 $800 $9,200
2014 -- $10,000 $800 $9,200
Source: Public Records

Agents Affiliated with this Home

  • Zachary Meckes

    Seller's Agent in 2024

    Zachary Meckes

    Keller Williams Real Estate-Clarks Summit

    (570) 212-8830

    2 in this area

    24 Total Sales

    Zachary Meckes
    Section Image

  • A

    Buyer's Agent in 2024

    Allison Doyle

    EXP Realty LLC

    (570) 832-0239

    5 in this area

    28 Total Sales

    Allison Doyle
    Section Image
  • Christine Ives Polizzi

    Buyer Co-Listing Agent in 2024

    Christine Ives Polizzi

    EXP Realty LLC

    (570) 561-7189

    22 in this area

    191 Total Sales

    Christine Ives Polizzi
    Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB234753

Greater Scranton Board of REALTORS®

APN: 16712030027

Pennsylvania Lackawanna County Scranton 18505 South Side

942 E Elm St, Scranton, PA

This home is located at 942 E Elm St, Scranton, PA 18505 since 29 October 2023 and is currently estimated at $182,804, approximately $91 per square foot. This property was built in 1940. 942 E Elm St is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and West 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.

Nearby Homes