P
Seller's Agent in 2021
Paul Meagher
RE/MAX
970 Ridge Ave Scranton, PA 18510
Hill Section Neighborhood
--
Bed
--
Bath
12,000
Sq Ft
0.29
Acres
Highlights
- 0.29 Acre Lot
- Forced Air Heating and Cooling System
- Hot Water Heating System
About This Home
As of September 2021AMAZING 10 UNIT APARTMENT COMPLEX WITHIN WALKING DISTANCE TO GEISINGER COMMONWEALTH SCHOOL OF MEDICINE!! This beautiful and elegant apartment complex was built brand new in 2015 by renovating the original factory warehouse at this location. Custom design and quality craftsmanship throughout. Highly efficient with no maintenance needed, impressive rent roll and rental history with medical students and plenty of parking! Consisting of 6, 2 bedroom and 4, 1 bedroom modern, mint-condition apartments complete with all appliances and washer and dryer in each unit! Excellent location! Walking distance to Geisinger Commonwealth School of Medicine, Regional Hospital & Moses Taylor Hospital, markets, coffee shops, restaurants and shopping! This is the prime property for the serious investor., Baths: Y
Last Agent to Sell the Property
Paul Meagher
RE/MAX WAYNE License #RS176297L Listed on: 03/29/2021
Last Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,114
Year Built
- Built in 2015
Lot Details
- 0.29 Acre Lot
Home Design
- Shingle Roof
Interior Spaces
- 12,000 Sq Ft Home
- 3-Story Property
Parking
- 15 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 14618080028
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $8,814
- Insurance Expense $4,267
- Trash Expense $1,895
- Water Sewer Expense $7,732
- Gross Income $133,500
- Net Operating Income $99,478
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2021 09/01/21 | Sold | $1,425,000 | -8.1% | $119 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $1,550,000 | -- | $129 / Sq Ft |
Source: Pike/Wayne Association of REALTORS®
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 | $7,654 | $25,000 | $2,000 | $23,000 |
| 2024 | $6,969 | $25,000 | $2,000 | $23,000 |
| 2023 | $6,969 | $25,000 | $2,000 | $23,000 |
| 2022 | $6,815 | $25,000 | $2,000 | $23,000 |
| 2021 | $6,815 | $25,000 | $2,000 | $23,000 |
| 2020 | $6,681 | $25,000 | $2,000 | $23,000 |
| 2019 | $6,275 | $25,000 | $2,000 | $23,000 |
| 2018 | $6,275 | $25,000 | $2,000 | $23,000 |
| 2017 | $6,158 | $25,000 | $2,000 | $23,000 |
| 2016 | $1,628 | $25,000 | $2,000 | $23,000 |
| 2015 | $4,550 | $25,000 | $2,000 | $23,000 |
| 2014 | -- | $25,000 | $2,000 | $23,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
NON-MEMBER
NON-MEMBER OFFICE
Map
Source: Pike/Wayne Association of REALTORS®
MLS Number: PWB21857
APN: 14618080028
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