B
Seller's Agent in 2025
Brady Funkhouser
Revolve Real Estate
(570) 877-0674
1 in this area
25 Total Sales
506 Prospect Ave Scranton, PA 18505
South Side Neighborhood
3
Beds
2
Baths
1,803
Sq Ft
5,663
Sq Ft Lot
Highlights
- Traditional Architecture
- Living Room
- Shed
- Front Porch
- Laundry Room
- 3-minute walk to Connors Park
About This Home
As of December 2025This duplex needs work but offers strong investment potential! The first-floor unit includes 2 bedrooms and 1 bath with about 1,016 square feet. The bathroom is in good shape, and most of the living space downstairs does not require major renovation. The second-floor unit features 1 bedroom, 2 baths, and roughly 787 square feet.All utilities are split, and while the heat currently runs off one boiler on the first-floor meter, the second floor could easily be converted to baseboard heat. Both the boiler and water heater are newer. There is also a one car garage and a backyard with an alley that can offer off street parking.
Last Agent to Sell the Property
Revolve Real Estate License #RS369605 Listed on: 10/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,953
Year Built
- Built in 1700
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 40x140
- Back Yard
Parking
- 1 Car Garage
- Off-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Fixer Upper
- Stone Foundation
- Shingle Roof
Interior Spaces
- 1,803 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Unfinished Basement
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Shed
- Front Porch
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- 220 Volts
- 100 Amp Service
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, water, gas
- The owner pays for insurance, taxes
- Assessor Parcel Number 15616040022
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2025
Closed on
Dec 18, 2025
Sold by
Montalvo Vivian
Bought by
Edg Holdings Llc
Seller's Agent
Brady Funkhouser
Revolve Real Estate
Buyer's Agent
Nicholas Somerville
Nisk Real Estate
List Price
$94,000
Sold Price
$126,000
Premium/Discount to List
$32,000
34.04%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
455292.81%
Purchase Details
Closed on
Aug 26, 2008
Sold by
Gentoso John
Bought by
Montalvo Vivian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,312
Interest Rate
6.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 17, 2008
Sold by
Eiden Paul
Bought by
Gentoso John
Purchase Details
Closed on
Dec 28, 2007
Sold by
Eiden Debra
Bought by
Eiden Paul
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $126,500 | Keystone Abstract Services | |
| Deed | $98,900 | None Available | |
| Deed | $26,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $78,312 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $126,000 | +34.0% | $70 / Sq Ft |
| 11/04/2025 11/04/25 | Pending | -- | -- | -- |
| 10/27/2025 10/27/25 | For Sale | $94,000 | -- | $52 / Sq Ft |
Source: Greater Scranton Board of REALTORS®
Tax History Compared to Growth
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 | $2,953 | $7,900 | $3,350 | $4,550 |
| 2024 | $2,726 | $7,900 | $3,350 | $4,550 |
| 2023 | $2,726 | $7,900 | $3,350 | $4,550 |
| 2022 | $2,667 | $7,900 | $3,350 | $4,550 |
| 2021 | $2,667 | $7,900 | $3,350 | $4,550 |
| 2020 | $2,625 | $7,900 | $3,350 | $4,550 |
| 2019 | $2,478 | $7,900 | $3,350 | $4,550 |
| 2018 | $2,478 | $7,900 | $3,350 | $4,550 |
| 2017 | $2,440 | $7,900 | $3,350 | $4,550 |
| 2016 | $1,009 | $7,900 | $3,350 | $4,550 |
| 2015 | $1,906 | $7,900 | $3,350 | $4,550 |
| 2014 | -- | $7,900 | $3,350 | $4,550 |
Source: Public Records
Agents Affiliated with this Home
-
Brady Funkhouser
-
Nicholas Somerville
N
Buyer's Agent in 2025
Nicholas Somerville
Nisk Real Estate
(844) 855-6475
2 in this area
25 Total Sales
-
Noah Donahue
N
Buyer Co-Listing Agent in 2025
Noah Donahue
Nisk Real Estate
(844) 855-6475
5 in this area
47 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC255608
APN: 15616040022
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.
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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