Seller's Agent in 2025
Brady Funkhouser
Revolve Real Estate
(570) 877-0674
1 in this area
35 Total Sales
506 Prospect Ave Scranton, PA 18505
South Side NeighborhoodEstimated Value: $131,000 - $138,000
3
Beds
2
Baths
1,803
Sq Ft
$74/Sq Ft
Est. Value
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 1940
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2025
Closed on
Dec 18, 2025
Sold by
Bought by
Seller's Agent
Brady Funkhouser
Revolve Real Estate
Buyer's Agent
Nicholas Somerville
Nisk Real Estate
List Price
$94,000
Sold Price
$126,500
Premium/Discount to List
$32,500
34.57%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,500
Avg. Annual Appreciation
10.25%
Purchase Details
Closed on
Aug 26, 2008
Sold by
Bought by
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
0.0629%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 17, 2008
Sold by
Bought by
Purchase Details
Closed on
Dec 28, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $126,500 | Keystone Abstract Services | ||
| $98,900 | None Available | ||
| $26,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $78,312 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $126,500 | +34.6% | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $31,248 | $195,310 | $32,260 | $163,050 |
| 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
4 in this area
44 Total Sales
-
Noah Donahue
N
Buyer Co-Listing Agent in 2025
Noah Donahue
Nisk Real Estate
(844) 855-6475
5 in this area
57 Total Sales
Map
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC255608
APN: 15616040022
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Reelfoot Regional Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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