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516 Penn Ave

Mayfield, PA 18433

5 bd 2 ba 2,288 sqft Built 1930 Lot 10,890 sqft single_family
Most recent sale
$90,000
Nov 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2021 Sold $90,000 MLS #21-4117
Oct 26, 2020 Listed $82,000 MLS #20-2455
Sep 30, 2020 Sold $82,000 MLS #20-2455
Jul 7, 2020 Listed $82,000 MLS #20-2455
Oct 27, 2010 Listing removed $81,000 Scranton
May 2, 2010 Listed $81,000 MLS #10-2233

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $140,570 $42,800 $183,370 $50,318
2024 $6,000 $6,000 $1,403
2023 $6,000 $6,000 $1,341
2022 $6,000 $6,000 $1,295
2021 $6,000 $6,000 $1,295
2020 $6,000 $6,000 $1,283
2019 $6,000 $6,000 $1,212
2018 $6,000 $6,000 $1,200
2017 $6,000 $1,188
2016 $6,000 $1,092
2015 $6,000 $1,092
2014 $6,000 $1,076
2013 $6,000 $1,064
2012 $6,000 $1,050
2011 $6,000 $947
2010 $6,000 $935
2009 $6,000 $935
2008 $6,000 $911

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,288 sqft
Lot size
10,890 sqft
ZIP code
18433
City
Mayfield
Street
Penn Ave
Coordinates
41.53772, -75.53948

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Penn Ave last sell?
516 Penn Ave most recently sold on Nov 24, 2021 for $90,000.
What is the current tax assessment for 516 Penn Ave?
The most recent total assessment for 516 Penn Ave (year 2026) is $183,370 with $50,318 in property tax.
How does 516 Penn Ave's assessment compare to its last sale price?
The current assessment is 103.7% above the last sale price of $90,000.
When was 516 Penn Ave built?
516 Penn Ave was built in 1930.
How does 516 Penn Ave compare to others on Penn Ave?
We track 8 other properties on Penn Ave. Browse the list under "Other properties on Penn Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Penn Ave?
516 Penn Ave is a 5 bed, 2 bath, 2,288 sqft, 10,890 sqft lot single_family.
Is 516 Penn Ave a flip candidate?
No — 516 Penn Ave does not appear in our flips dataset.
Is 516 Penn Ave a tax-appeal candidate?
Yes — 516 Penn Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.1%
2026 Q3
$173.1K
2026 Q4
$167.2K
ZIP 18433 — Median Price History + Forecast

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