516 Penn Ave
Midland, PA 15059
3 bd 2 ba 2,112 sqft Built 1925 Lot 3,920 sqft other
Most recent sale
$77,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $77,000 | Public Record |
| Aug 25, 2022 | Price changed | $99,000 | MLS #1571337 |
| Aug 19, 2022 | Listed | $90,000 | MLS #1571337 |
| Apr 29, 2022 | Listed | $60,000 | MLS #1551736 |
| Dec 10, 2008 | Listing removed | $28,500 | WestPenn |
| Mar 26, 2008 | Listed | $28,500 | MLS #705719 |
| Aug 28, 1978 | Sold | $21,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $129,900 | $24,100 | $154,000 | $2,713 |
| 2025 | $129,900 | $24,100 | $154,000 | $2,713 |
| 2024 | $129,900 | $24,100 | $154,000 | $2,713 |
| 2023 | $11,000 | $2,050 | $13,050 | $1,241 |
| 2022 | $11,000 | $2,050 | $13,050 | $1,241 |
| 2021 | $11,000 | $2,050 | $13,050 | $1,241 |
| 2020 | $11,000 | $2,050 | $13,050 | $1,242 |
| 2019 | $11,000 | $2,050 | $13,050 | $1,176 |
| 2018 | $11,000 | $2,050 | $13,050 | $1,166 |
| 2017 | $11,000 | $2,050 | $13,050 | $1,166 |
| 2016 | $11,000 | $2,050 | $13,050 | $1,107 |
| 2015 | $11,000 | $2,050 | $13,050 | $1,116 |
| 2014 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2013 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2012 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2011 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2010 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2009 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2008 | $11,000 | $2,050 | $13,050 | $1,092 |
| 2006 | $11,000 | $2,050 | $13,050 | $230 |
Property facts
Year built
1925
Property type
other
Stories
2
Beds
3
Baths
2
Living area
2,112 sqft
Lot size
3,920 sqft
ZIP code
15059
City
Midland
Street
Penn Ave
Coordinates
40.64034, -80.45497
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$462
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 Oct 11, 2022 for $77,000.
What is the current tax assessment for 516 Penn Ave?
The most recent total assessment for 516 Penn Ave (year 2026) is $154,000 with $2,713 in property tax.
How does 516 Penn Ave's assessment compare to its last sale price?
The current assessment is 100.0% above the last sale price of $77,000.
When was 516 Penn Ave built?
516 Penn Ave was built in 1925.
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 3 bed, 2 bath, 2,112 sqft, 3,920 sqft lot other.
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 valuationQuarterly trend
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$156.8K
2026 Q4
$160.9K
ZIP 15059 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn Ave