NOT LISTED FOR SALE

425 Railroad Ave Scranton, PA 18505

Hyde Park Neighborhood

Estimated Value: $221,000 - $228,000

-- Bed
-- Bath
1,920 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $180,000 $94 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,442/month

27 Days on Market

Highlights

  • Deck
  • Solar Heating System
  • Heating Available
  • Porch
  • Level Lot

About This Home

As of March 2023

Occupied duplex grossing over $3,300 per month with minimal expenses. Downstairs is a 1 bed/1 bath with some upgrades to flooring and the kitchen. Upstairs is a 4 bed/1 bath. House has been maintained by long term tenants that love their home. Furniture is owned by Landlord and come with the sale including TV in 1st floor, beds and couches in both units. Solar is on the roof and owned by the Landlord. All utilities are electric. Roof is 12 years old and in good condition. Water heater was replaced 2 years ago. Tenants are month to month, and would like to stay with the new landlord. Home is being sold AS IS! All offers will be considered!, Semi-Modern Kitchen: Y, Tax Information: Available, Kitchen: SemiMod, Baths: SemiMod, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 960.00, SqFt Fin - 2nd: 960.00, Additional Info: 1st Floor Rent: $1300. 2nd floor rent for $2200. EXPENSES: Solar/Electric total $4000/yr. Water - $1500/yr. Taxes are $2700/yr and include sewer and trash. Insurance is $1200/yr.

Last Agent to Sell the Property

Alexsis McGhee

EXP Realty LLC License #RS366599 Listed on: 01/16/2023

EXP Realty LLC

Last Buyer's Agent

Adriana Jez

EXP Realty LLC License #RS358942

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x101x44x121
  • Level Lot

Home Design

  • Duplex
  • Wood Roof
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 15648020016
  • $8,000 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,500
  • Gross Income $39,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,305

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From Biden Expressway turn onto Cedar Ave, left onto Mattes Ave, left onto 5th Ave, right onto Luzerne St, left onto Railroad Ave, home is on your left right next to parking lot.
  • Unit Levels: One and One Half
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Level, Rectangular Lot
  • Road Frontage Type: City Street
  • Above Grade Finished Sq Ft: 1920
  • Architectural Style: Duplex Up & Down
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 1143.90
  • EnhancedAcccessible: No
  • WaterExpense: 1500.00
  • SewerExpense: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full
  • Number Of Buildings: 1
  • Private Spa: No
  • Basement YN: No

Exterior Features

  • Roof: Composition, Wood
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Other
  • Patio And Porch Features: Deck, Porch
  • RoadFrontageLength: 40.00

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Electric, Solar
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Junior High Dist: Scranton

Lot Info

  • Land Lease: No
  • Lot Dimensions: 40X101X44X121
  • Additional Parcels: No
  • Parcel #: 15648020016
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2305.41
  • Tax Book Number: 201918003
  • Tax Other Annual Assessment Amount: 8000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 15, 2023
Sold by
Vanloo Suline and Vanloo Aldrich
Bought by
Silberstein Issac and Grunbaum Samuel M
Seller's Agent
Alexsis McGhee
EXP Realty LLC
Buyer's Agent
Adriana Jez
EXP Realty LLC
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$224,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,150
Avg. Annual Appreciation
7.80%
Original Mortgage
$135,000
Outstanding Balance
$131,742
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$83,659

Purchase Details

Closed on
Oct 28, 2019
Sold by
Vanloo Suline
Bought by
Vanloo Suline and Sanganoo Sldrich

Purchase Details

Closed on
Feb 12, 2019
Sold by
Wells Fargo Bank Na
Bought by
Vanloo Suline

Purchase Details

Closed on
Sep 17, 2018
Sold by
Richmon Robert
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 16, 2012
Sold by
Spano Suzan and Spano Denise
Bought by
Richmond Robert and Spano Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,008
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2009
Sold by
Spano Suzan
Bought by
Spano Suzan and Spano Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,440
Interest Rate
5.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2009
Sold by
Dkdj Realty Llc
Bought by
Spano Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,440
Interest Rate
5.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2008
Sold by
Kellner Abraham
Bought by
Dkdj Realty Llc

Purchase Details

Closed on
Jun 6, 2006
Sold by
Novastar Mortgage Inc
Bought by
Kellner Abraham

Purchase Details

Closed on
Nov 23, 2005
Sold by
Zambrano Jorge
Bought by
Novastar Mortgage Inc
Source: Public Records

Range of Values:

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Average Value
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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
Silberstein Issac $180,000 --
Vanloo Suline -- All Ahead Title Agency
Vanloo Suline $18,000 Boston National Ttl Agcy Llc
Wells Fargo Bank Na $1,100 None Available
Richmond Robert $118,000 None Available
Spano Suzan -- None Available
Spano Suzan $119,300 None Available
Dkdj Realty Llc $15,000 None Available
Kellner Abraham $30,000 None Available
Novastar Mortgage Inc $40,232 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silberstein Issac $135,000
Previous Owner Vanloo-Sanganoo Suline S $105,000
Previous Owner Richmond Robert $8,000
Previous Owner Richmond Robert $115,008
Previous Owner Spano Suzan $95,440
Previous Owner Dkdj Reality Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $180,000 -7.7% $94 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $195,000 -- $102 / 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 $2,579 $8,000 $1,300 $6,700
2024 $2,357 $8,000 $1,300 $6,700
2023 $2,357 $8,000 $1,300 $6,700
2022 $2,305 $8,000 $1,300 $6,700
2021 $2,305 $8,000 $1,300 $6,700
2020 $2,262 $8,000 $1,300 $6,700
2019 $2,128 $8,000 $1,300 $6,700
2018 $2,128 $8,000 $1,300 $6,700
2017 $2,091 $8,000 $1,300 $6,700
2016 $641 $8,000 $1,300 $6,700
2015 $1,570 $8,000 $1,300 $6,700
2014 -- $8,000 $1,300 $6,700
Source: Public Records

Agents Affiliated with this Home

  • Alexsis McGhee

    Seller's Agent in 2023

    Alexsis McGhee

    EXP Realty LLC

    (570) 520-8867

    12 in this area

    81 Total Sales

    Section Image
  • Adriana Jez

    Buyer's Agent in 2023

    Adriana Jez

    EXP Realty LLC

    (888) 397-7352

    15 in this area

    95 Total Sales

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB23213

Greater Scranton Board of REALTORS®

APN: 15648020016

Pennsylvania Lackawanna County Scranton 18504 Hyde Park

425 Railroad Ave, Scranton, PA

This home is located at 425 Railroad Ave, Scranton, PA 18505 since 16 January 2023 and is currently estimated at $224,801, approximately $117 per square foot. This property was built in 1930. 425 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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