NOT LISTED FOR SALE

261 Railroad Ave Scranton, PA 18505

Hyde Park Neighborhood

Estimated Value: $123,000 - $235,000

-- Bed
-- Bath
2,960 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $74,000 $25 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,299/month

54 Days on Market

About This Home

As of December 2021

This one wont last long2 unit ALL UTILITIES SEPARATED (water will need work)One side rented with dedicated, long term tenant. other side GUTTEDGreat yard, driveway AND garage in the heart of the city. Add this to your portfolio, or see your family growing up there!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 800.00, SqFt Fin - Main: 1080.00, SqFt Fin - 2nd: 1080.00

Last Agent to Sell the Property

Stephen Franco

EXP Realty LLC License #RM424988 Listed on: 08/15/2021

Last Buyer's Agent

Steve Franco

Gorilla Real Estate LLC License #RM424988

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x85x61x109

Parking

  • 4 Car Garage
  • Parking Pad
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15632010010
  • $10,000 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $500
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Directions: almost directly accross from the uhaul drive up
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1935
  • Reso Property Sub Type: Multi Family
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 2960
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1376.20
  • EnhancedAcccessible: No
  • WaterExpense: 500.00
  • SewerExpense: 500.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

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

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • RoadFrontageLength: 50.00

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Parking Pad, Paved, On Street, Off Street, Garage, Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 50X85X61X109
  • Additional Parcels: No
  • Parcel #: 15632010010
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2936.75
  • Tax Book Number: 201317974
  • Tax Other Annual Assessment Amount: 10000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Rodriguez Enrique
Bought by
Pennrod24 Llc
Current Estimated Value
$187,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,700
Outstanding Balance
$147,083
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$40,250

Purchase Details

Listed on
Aug 15, 2021
Closed on
Nov 2, 2021
Sold by
Shree Yamunaji Llc
Bought by
Rodriguez Enrique
Seller's Agent
Stephen Franco
EXP Realty LLC
Buyer's Agent
Steve Franco
Gorilla Real Estate LLC
List Price
$85,000
Sold Price
$74,000
Premium/Discount to List
-$11,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.07%

Purchase Details

Listed on
Feb 3, 2012
Closed on
Apr 24, 2012
Sold by
Saadi Michele and Richards Antoinette
Bought by
Uppala Anjaneyulu
Seller's Agent
ANJALI VEKARIA
ERA One Source Realty
Buyer's Agent
ANJALI VEKARIA
ERA One Source Realty
List Price
$58,500
Sold Price
$40,000
Premium/Discount to List
-$18,500
-31.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$26,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2001
Sold by
Richards Antoinette
Bought by
Saadi Michele
Source: Public Records

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
Pennrod24 Llc -- None Listed On Document
Rodriguez Enrique $74,000 None Available
Uppala Anjaneyulu $40,000 None Available
Saadi Michele -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennrod24 Llc $147,700
Previous Owner Shree Yamunaji Llc $0
Previous Owner Shree Yamunaji Llc $325,000
Previous Owner Uppala Anjaneyulu $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $74,000 -12.9% $25 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $85,000 +112.5% $29 / Sq Ft
04/24/2012 04/24/12 Sold $40,000 -31.6% $19 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $58,500 -- $27 / 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 $3,337 $10,000 $2,200 $7,800
2024 $3,057 $10,000 $2,200 $7,800
2023 $3,057 $10,000 $2,200 $7,800
2022 $2,990 $10,000 $2,200 $7,800
2021 $2,990 $10,000 $2,200 $7,800
2020 $2,937 $10,000 $2,200 $7,800
2019 $2,765 $10,000 $2,200 $7,800
2018 $2,765 $10,000 $2,200 $7,800
2017 $2,718 $10,000 $2,200 $7,800
2016 $906 $10,000 $2,200 $7,800
2015 $2,061 $10,000 $2,200 $7,800
2014 -- $10,000 $2,200 $7,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen Franco

    EXP Realty LLC

  • S

    Buyer's Agent in 2021

    Steve Franco

    Gorilla Real Estate LLC

    (570) 798-7051

    10 in this area

    65 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    ANJALI VEKARIA

    ERA One Source Realty

See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB213717

Greater Scranton Board of REALTORS®

APN: 15632010010

Pennsylvania Lackawanna County Scranton 18505 Hyde Park

261 Railroad Ave, Scranton, PA

This home is located at 261 Railroad Ave, Scranton, PA 18505 since 15 August 2021 and is currently estimated at $187,333, approximately $63 per square foot. This property was built in 1935. 261 Railroad Ave is a home located in Lackawanna County with nearby schools including Frances Willard School, West Scranton Intrmd School, and 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.

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