NOT LISTED FOR SALE

Estimated Value: $534,000 - $726,225

8 Beds
7 Baths
6,122 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $680,000 $111 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,416/month

6 Days on Market

Highlights

  • 0.48 Acre Lot
  • Corner Lot
  • Heating System Uses Steam

About This Home

As of February 2024

Luxurious Vancian-Inspired Mansion with Five Units. You've always wanted a Mansion, now you can have one! Welcome to 1000 Clay Avenue, an Italian Renaissance Revival turn-of-the-century mansion transformed into five luxurious residential units. Breathtaking views of the picturesque Scranton cityscape and the surrounding mountains. This Vancian-inspired property seamlessly blends historic charm with modern elegance. Elaborately carved limestone porch reminiscent of a Venetian palazzo. More than just a home, the Joseph Cassese House is a unique opportunity to own a piece of architectural and cultural heritage. Its historical significance and meticulously preserved features make it a truly rare find. Listed on the National Register of Historic Places (NRHP reference No. 97001258) and designed by renowned architect Lewis Hancock Jr.. This remarkable home exudes grandeur and sophistication., Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 1693.00, SqFt Fin - Main: 2099.00, SqFt Fin - 2nd: 1810.00

Last Listed By

Christian Saunders

Christian Saunders Real Estate License #RM424906 Listed on: 12/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,634

Year Built

  • Built in 1920

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 160x130
  • Corner Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 3-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14618010009

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $960
  • Insurance Expense $2,700
  • Manager Expense $10,404
  • Water Sewer Expense $1,800
  • Gross Income $69,120
  • Net Operating Income $43,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,634

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Directions: Corner of Ash Street and Clay. Driveway closer to Mahon Ct.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.48
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1920
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 5602
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 4287.61
  • EnhancedAcccessible: No
  • WaterExpense: 1800.00
  • SewerExpense: 1800.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No
  • Below Grade Sq Ft: 520

Exterior Features

  • Roof: Tile
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Brick
  • RoadFrontageLength: 160.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R-1
  • Land Lease: No
  • Lot Dimensions: 160X130
  • Additional Parcels: No
  • Parcel #: 14618010009
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10634.02
  • Tax Book Number: 200437541

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 960
  • Annual Gross Income: 69120
  • Insurance Expense: 2700
  • Resident Manager Expense: 10404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 6, 2024
Sold by
Gallagher Joseph A
Bought by
Carney Colette and Smith Theodore J
Seller's Agent
Christian Saunders
Christian Saunders Real Estate
Buyer's Agent
Adriana Jez
EXP Realty LLC
List Price
$699,900
Sold Price
$680,000
Premium/Discount to List
-$19,900
-2.84%
Total Days on Market
6
Views
17
Current Estimated Value
$621,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,925
Avg. Annual Appreciation
-7.28%

Purchase Details

Closed on
Oct 5, 2004
Bought by
Gallagher Joseph A

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
Carney Colette $680,000 None Listed On Document
Gallagher Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Joseph $65,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $680,000 -2.8% $111 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $699,900 -- $114 / 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 $11,480 $29,000 $15,550 $13,450
2024 $10,634 $29,000 $15,550 $13,450
2023 $10,634 $29,000 $15,550 $13,450
2022 $10,405 $29,000 $15,550 $13,450
2021 $10,405 $29,000 $15,550 $13,450
2020 $10,249 $29,000 $15,550 $13,450
2019 $9,687 $29,000 $15,550 $13,450
2018 $9,687 $29,000 $15,550 $13,450
2017 $9,550 $29,000 $15,550 $13,450
2016 $4,296 $29,000 $15,550 $13,450
2015 $7,337 $29,000 $15,550 $13,450
2014 -- $29,000 $15,550 $13,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Scranton, PA

  • 600 Prescott Place, Scranton, PA 18510

    $599,000

    • 10 Beds
    • 7 Baths
    • 6,117 Sq Ft
    • 600 Prescott Place
    • Scranton, PA

    ATTENTION ALL SERIOUS INVESTORS!! Excellent 7 unit investment property! Located in the Hill Section of Scranton. Great income producing rental property. Six of the Seven units have been updated and or renovated. This includes 6 one bedroom apartments and 1 two bedroom apartment. All tenants are on a month to month lease. This is a commercial property.Electric (Heat) is paid by tenant.Landlord

    Tiffany Hurley Tiffany

    Section Image
  • 414 Hickory and 501 Cedar Ave, Scranton, PA 18505

    $599,900

    • 10 Beds
    • 7 Baths
    • 5,600 Sq Ft
    • 414 Hickory and 501 Cedar Ave
    • Scranton, PA

    This multi-unit property consists of two buildings featuring seven residential apartments and one commercial storefront, offering a strong investment opportunity with separate electric for each unit. The property is fully occupied with long-term tenants, all on month-to-month leases, providing flexibility for future plans.With high rental demand and plenty of potential, this property is a great

    Leah Gianacopoulos ERA One Source Realty

    Section Image

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB235279

Greater Scranton Board of REALTORS®

APN: 14618010009