Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 30M+ properties All 50 states Methodology

40 Welles St

Wilkes Barre, PA 18702

4 bd 4 ba 2,730 sqft Lot 7,600 sqft multi_family
Most recent sale
$227,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $227,000 MLS #22-2985
Jun 25, 2022 Listed $239,900 MLS #22-2985
Mar 28, 2018 Sold $69,000 MLS #07-423
Nov 23, 2009 Sold $35,000 MLS #09-3679
Oct 23, 2009 Price changed $39,900 MLS #09-3679
Sep 18, 2009 Listed $45,000 MLS #09-3679
Mar 21, 2007 Listed $69,900 MLS #07-423

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $59,000 $16,700 $75,700 $12,583
2025 $59,000 $16,700 $75,700 $12,575
2024 $59,000 $16,700 $75,700 $12,575
2023 $59,000 $16,700 $75,700 $12,575
2022 $59,000 $16,700 $75,700 $12,561
2021 $59,000 $16,700 $75,700 $12,561
2020 $59,000 $16,700 $75,700 $12,561
2019 $59,000 $16,700 $75,700 $12,516
2018 $59,000 $16,700 $75,700 $12,471
2017 $59,000 $16,700 $75,700 $12,427
2016 $59,000 $16,700 $75,700 $1,636
2015 $59,000 $16,700 $75,700 $1,636
2014 $59,000 $16,700 $75,700 $1,610
2013 $59,000 $16,700 $75,700 $10,785
2012 $59,000 $16,700 $75,700 $2,309
2011 $59,000 $16,700 $75,700 $2,290
2010 $59,000 $16,700 $75,700 $1,536
2009 $59,000 $16,700 $75,700 $1,466
2008 $3,560 $320 $3,880 $1,857

Property facts

Year built
Property type
multi_family
Stories
Beds
4
Baths
4
Living area
2,730 sqft
Lot size
7,600 sqft
ZIP code
18702
City
Wilkes Barre
Street
Welles St
Coordinates
41.24017, -75.87807

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
$1,362
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Welles St last sell?
40 Welles St most recently sold on Aug 26, 2022 for $227,000.
What is the current tax assessment for 40 Welles St?
The most recent total assessment for 40 Welles St (year 2026) is $75,700 with $12,583 in property tax.
How does 40 Welles St's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $227,000.
When was 40 Welles St built?
The year built for 40 Welles St is not in our records.
How does 40 Welles St compare to others on Welles St?
We track 8 other properties on Welles St. Browse the list under "Other properties on Welles St" to compare beds, baths, and sale history.
What are the property facts for 40 Welles St?
40 Welles St is a 4 bed, 4 bath, 2,730 sqft, 7,600 sqft lot multi_family.
Is 40 Welles St a flip candidate?
No — 40 Welles St does not appear in our flips dataset.
Is 40 Welles St a tax-appeal candidate?
No — 40 Welles St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$174.8K
2026 Q4
$173.8K
ZIP 18702 — Median Price History + Forecast

Explore nearby