NOT LISTED FOR SALE

944 Beech St Scranton, PA 18505

South Side Neighborhood

Estimated Value: $199,000 - $517,000

-- Bed
1 Bath
6,000 Sq Ft
$55/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $265,000 $44 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,511/month

34 Days on Market

Highlights

  • Hot Water Heating System
  • Space Heater
  • Property is in excellent condition
  • Coin Laundry
  • Concrete Flooring

About This Home

As of March 2020

Outstanding investment opportunity! Meticulously maintained income producing apartment building on a corner lot consisting of 6 very large one bedroom apartments, recently upgraded with new kitchens and bathrooms. Property displays an excellent rental history and is located in a great residential area. The out of town seller is very Motivated for retirement!

Last Agent to Sell the Property

Ronald Koslosky

Mericle Commercial Real Estate Services License #RS165754L Listed on: 01/09/2020

Last Buyer's Agent

Ann Ritsick-Fox

Wychock Real Estate, LLC License #AB069217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,331

Lot Details

  • Lot Dimensions are 57 x 90
  • Property is in excellent condition

Parking

  • No Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Shingle Roof
  • Plaster

Interior Spaces

  • 6,000 Sq Ft Home
  • Concrete Flooring
  • Dirt Floor

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

Building Details

  • Electric Expense $1,029
  • Fuel Expense $1,563
  • Trash Expense $979
  • Water Sewer Expense $2,098
  • Real Estate Tax Expense $5,331
  • Gross Income $48,672

Additional Features

  • 6 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,331

Lot Details

0

Listing Details

  • 3RdPartyREOOwner: Not Applicable
  • Foreclosedbank Ownedreo: No
  • Directions: Take River St exit, EXIT 184, toward PA-307. Turn left onto River St. Take left onto Stafford Ave and proceed approx. 5 blocks, then turn right onto Beech St.
  • Est County Tax: 1148.40
  • Estimated School Tax: 2661.88
  • EstTotalTax: 5331.05
  • Number of Ranges: 6
  • Number of Refrigerators: 6
  • Age: 76 - 100 Yrs
  • Annual Electric: 1029.00
  • Expenses Annual Sewer Exp: 2097.50
  • Expenses Annual Water Exp: 2097.50
  • Hot Water Heater: Electric
  • Listing Member Name: Ronald Koslosky
  • Listing Office Short Id: 1830
  • Tax Municipality: Scranton City
  • Open House Office I D: 20071115134800554718000000
  • Prop. Type: B
  • PROPTYPE: Multi-Family
  • Selling Member Short Id: 3152
  • Selling Office Short Id: 1891
  • InteriorFinish: Drywall, Plaster
  • Building Style: 3 or More Units
  • Estimated Total Sq Ft: 6000.00
  • Unit1InfoElectricInRent: N
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: Y
  • Unit1InfoSewerInRent: Y
  • Unit1InfoWaterInRent: Y
  • Unit2InfoElectricInRent: N
  • Unit2InfoHeatInRent: N
  • Unit2InfoHotWaterInRent: Y
  • Unit2InfoSewerInRent: Y
  • Unit2InfoWaterInRent: Y
  • Unit3InfoElectricInRent: N
  • Unit3InfoHeatInRent: N
  • Unit3InfoHotWaterInRent: Y
  • Unit3InfoSewerInRent: Y
  • Unit3InfoWaterInRent: Y
  • Unit4InfoElectricInRent: N
  • Unit4InfoHeatInRent: N
  • Unit4InfoHotWaterInRent: Y
  • Unit4InfoSewerInRent: Y
  • Unit4InfoWaterInRent: Y
  • Unit5InfoElectricInRent: N
  • Unit5InfoHeatInRent: N
  • Unit5InfoHotWaterInRent: Y
  • Unit5InfoSewerInRent: Y
  • Unit6InfoElectricInRent: N
  • Unit6InfoHeatInRent: N
  • Unit6InfoHotWaterInRent: Y
  • Unit6InfoSewerInRent: Y
  • Unit6InfoWaterInRent: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Concrete Floor, Dirt Floor
  • AppliancesNumberDishwashers: 6
  • AppliancesNumberMicrowave: 6
  • Limited Service: No

Exterior Features

  • Property Condition: Excellent
  • Exterior: Brick
  • Roof: Comp Shingle

Garage/Parking

  • Spaces: 0
  • Garage Type: None
  • Parking: On-Street

Utilities

  • Hvac Type: Window Units
  • Heat Fuel Type: Gas
  • Heat Type: Space Heater
  • Sewer: Public
  • Hot Water: Public

Association/Amenities

  • MFAmenities: Dumpster, Coin-Op Washer/Dryer, Patio

Condo/Co-op/Association

  • Number of Units: 6

Schools

  • School District: Scranton
  • School District: Scranton

Lot Info

  • Lot Size: 57 x 90
  • Zoning: Residential

Multi Family

  • Income And Expenses Annual Gas Exp: 1563.00

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 17, 2020
Sold by
Mintz Preston L
Bought by
Polo Ibrahim
Seller's Agent
Ronald Koslosky
Mericle Commercial Real Estate Services
Buyer's Agent
Ann Ritsick-Fox
Wychock Real Estate, LLC
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Current Estimated Value
$361,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,692
Avg. Annual Appreciation
3.85%
Source: Public Records

Range of Values:

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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
Polo Ibrahim $265,000 Red Maple Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $265,000 -5.0% $44 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $279,000 -- $47 / Sq Ft
Source: Luzerne County Association 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 $6,359 $20,000 $2,800 $17,200
2024 $5,807 $20,000 $2,800 $17,200
2023 $5,807 $20,000 $2,800 $17,200
2022 $5,679 $20,000 $2,800 $17,200
2021 $5,679 $20,000 $2,800 $17,200
2020 $5,571 $20,000 $2,800 $17,200
2019 $5,239 $20,000 $2,800 $17,200
2018 $5,239 $20,000 $2,800 $17,200
2017 $5,145 $20,000 $2,800 $17,200
2016 $1,521 $20,000 $2,800 $17,200
2015 $3,847 $20,000 $2,800 $17,200
2014 -- $20,000 $2,800 $17,200
Source: Public Records

Agents Affiliated with this Home

  • Ronald Koslosky

    Seller's Agent in 2020

    Ronald Koslosky

    Mericle Commercial Real Estate Services

    (570) 793-3343

    6 Total Sales

    Section Image
  • Ann Ritsick-Fox

    Buyer's Agent in 2020

    Ann Ritsick-Fox

    Wychock Real Estate, LLC

    (570) 406-2173

    1 in this area

    113 Total Sales

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Map

Source: Luzerne County Association of REALTORS®

MLS Number: 20-116

APN: 16708050057

Pennsylvania Lackawanna County Scranton 18505 South Side

944 Beech St, Scranton, PA

This home is located at 944 Beech St, Scranton, PA 18505 since 09 January 2020 and is currently estimated at $331,163, approximately $55 per square foot. 944 Beech St is a home located in Lackawanna County with nearby schools including McNichols Plaza Elementary School, South Scranton Intermediate, and Scranton High School.

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