NOT LISTED FOR SALE

277 Riverside Dr Factoryville, PA 18419

Factoryville Neighborhood

Estimated Value: $205,000 - $380,000

9 Beds
3 Baths
4,026 Sq Ft
$75/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $405,000 $101 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,002/month

142 Days on Market

Highlights

  • 1.2 Acre Lot
  • Stainless Steel Appliances
  • Baseboard Heating
  • Covered patio or porch

About This Home

As of July 2024

This 3 unit investment property is a no brainer money maker!! New New New are the words to describe a lot of the features in this house. New roof, soffit, fascia and gutters. New back porch with new railings. New gas heating systems for all three units. New paint job on exterior with vinyl shakes. Newly renovated back apartment with new floors, carpet, paint , granite countertops, stainless steel appliances, kitchen cabinets and new bathroom complete with beautiful vanity and mirror. And the list goes on...These spacious apartments feature 3 bedrooms and 1 bath in each and separate utilities. There are two long term tenants and one ready to rent! It is close to town and Keystone College. It is convenient for both college students and tenants. Other outside amenities include Environmental Nature Trails at Keystone College, Christy Matthewson Park, Lackawanna Trail Elementary, College Ave in Factoryville, Trolley Trail and Tunkhannock Creek frontage (great fishing spot). It has been remodeled, well maintained and is ready to be your next investment property! Current rents are low for existing tenants. THE BACK UNIT WAS RECENTLY LEASED FOR 1700.00 A MONTH STARTING MARCH 1st. Projected Rents are 4400 with a CAP RATE of 10+. Call today to take a look!

Last Listed By

Rebecca Onufrak

Keller Williams Real Estate-Clarks Summit License #RS337137 Listed on: 01/12/2024

Keller Williams Real Estate-Clarks Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1850

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 155x347.72x156.22x323.9

Interior Spaces

  • 4,026 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 06-055.2-092-00-00-00
  • $4,300 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $812
  • Water Sewer Expense $1,776
  • Operating Expense $6,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Directions: From US11/US6 East. Turn Right onto Maple St/Walton St. Turn right onto Maple St., left onto College Ave and right onto SR2033. Turn right onto Riverside Dr
  • Lot Size Acres: 1.2
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Year Built: 1850
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 4026
  • Architectural Style: Other
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 2511.36
  • EnhancedAcccessible: No
  • SewerExpense: 1776.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Patio And Porch Features: Covered, Porch, Front Porch

Utilities

  • Heating: Baseboard, Natural Gas

Schools

  • Junior High Dist: Lackawanna Trail

Lot Info

  • Zoning: residential
  • Current Use: Investment, Multi-Family
  • Lot Dimensions: 155x347.72x156.22x323.9
  • Parcel #: 06-055.2-092-00-00-00

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3820.67
  • Tax Book Number: 2022-0251
  • Tax Other Annual Assessment Amount: 4300

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 812
  • Annual Operating Expense: 6408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jul 2, 2024
Sold by
Sespico Christopher and Sespico Sarah Rebekah
Bought by
Mairena Fanny Lenny
Seller's Agent
Rebecca Onufrak
Keller Williams Real Estate-Clarks Summit
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%
Total Days on Market
142
Views
183
Current Estimated Value
$302,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,759
Avg. Annual Appreciation
-18.01%
Original Mortgage
$370,878
Outstanding Balance
$368,980
Interest Rate
6.87%
Estimated Equity
-$21,414

Purchase Details

Listed on
Nov 14, 2021
Closed on
Jan 25, 2022
Bought by
Sespico Christopher
Seller's Agent
PAMELA CADMAN-ROMALDINI
Coldwell Banker Town & Country Properties
Buyer's Agent
Rebecca Onufrak
Keller Williams Real Estate-Clarks Summit
List Price
$179,900
Sold Price
$153,000
Premium/Discount to List
-$26,900
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.61%
Original Mortgage
$114,750
Interest Rate
3.45%

Range of Values:

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Average Value
Not Available
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
Mairena Fanny Lenny $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mairena Fanny Lenny $370,878
Previous Owner Sespico Christopher $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $405,000 +1.5% $101 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $399,000 -2.7% $99 / Sq Ft
01/29/2024 01/29/24 Price Changed $410,000 -5.7% $102 / Sq Ft
01/12/2024 01/12/24 For Sale $435,000 +184.3% $108 / Sq Ft
01/21/2022 01/21/22 Sold $153,000 -15.0% $38 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $179,900 -- $45 / 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
2024 $3,821 $27,250 $4,300 $22,950
2023 $3,808 $27,250 $4,300 $22,950
2022 $3,822 $27,250 $4,300 $22,950
2021 $3,808 $27,250 $4,300 $22,950
2020 $3,870 $27,250 $4,300 $22,950
2019 $3,865 $27,250 $4,300 $22,950
2018 $3,710 $27,250 $4,300 $22,950
2017 $3,599 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Onufrak

    Seller's Agent in 2024

    Rebecca Onufrak

    Keller Williams Real Estate-Clarks Summit

    (570) 280-5858

    2 in this area

    81 Total Sales

    Rebecca Onufrak
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER

  • PAMELA CADMAN-ROMALDINI

    Seller's Agent in 2022

    PAMELA CADMAN-ROMALDINI

    Coldwell Banker Town & Country Properties

    (570) 947-4855

    2 in this area

    64 Total Sales

    PAMELA CADMAN-ROMALDINI
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC617

Greater Scranton Board of REALTORS®

APN: 06-055.2-092-00-00-00-1

Pennsylvania Wyoming County Factoryville 18419 Factoryville

277 Riverside Dr, Factoryville, PA

Homes for Sale in Factoryville, PA

This home is located at 277 Riverside Dr, Factoryville, PA 18419 since 12 January 2024 and is currently estimated at $302,241, approximately $75 per square foot. This property was built in 1850. 277 Riverside Dr is a home located in Wyoming County with nearby schools including Lackawanna Trail Elementary Center and Lackawanna Trail Junior/Senior 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.