$285,000
SOLD MAY 9, 2025

16 Laurel St Wilkes Barre, PA 18702

-- Bed
-- Bath
3,700 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

14% Above List Price

12 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room

About This Home

As of May 2025

NO MORE SHOWINGS! HIGHEST & BEST OFFERS DUE BY WEDNESDAY APRIL 9TH AT 5PM!!!
Investment Opportunity in Wilkes-Barre - 16-18 Laurel Street. Discover the potential of this solid quadruplex investment property located in the heart of Wilkes-Barre! With 4 spacious units and professional property management already in place, this property offers a smooth transition for investors looking for cash-flowing real estate with long-term upside. Each unit features convenient in-unit washer/dryer hookups, making it a highly desirable option for tenants seeking comfort and practicality. This investment property presents a perfect opportunity to add equity and increase rents with strategic renovations. Whether you're a seasoned investor or just starting your portfolio, 16-18 Laurel Street provides a strong foundation with plenty of room to grow.
Don't miss your chance to own this income-producing property with built-in management and upside potential. Property being sold AS-IS - inspections are for Buyers knowledge only. Schedule your showing today!

Last Agent to Sell the Property

Charmin Green

Proactive Property Solutions License #RM425723 Listed on: 04/01/2025

Last Buyer's Agent

(Luzerne) LCAR Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,293

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Open Parking Spaces

Interior Spaces

  • 3,700 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Room
  • Basement

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $995
  • Assessor Parcel Number 73-H10NW3-016-034-000
  • Tax Block 16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,293

Lot Details

0

Listing Details

  • Directions: Wilkes-Barre Blvd to Conyngham Ave, Right on Bowman St, Right on Laurel St,
  • Prop. Type: Residential Income
  • Building Stories: 4
  • PropertySubType: Quadruplex
  • Lot Size Acres: 0.11
  • Co List Office Phone: 570-844-1244
  • MLS Status: Closed
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3700.0
  • ResoBuildingAreaSource: Estimated
  • Carport Y N: No
  • Property Attached Yn: No
  • Tax Year: 2024
  • Location Tax and Legal Parcel Number2: 73-H10NW3-016-034-000
  • Location Tax and Legal County Tax Amount2: 445.42
  • Location Tax and Legal School Tax Amount2: 77.79
  • Location Tax and Legal Tax Annual Amount2: 2293.29
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Above Grade Finished Area: 3700.0
  • General Property Information Stories2: 4
  • General Property Information:Pool Private YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.11
  • Location Tax and Legal Tax Year2: 2024
  • Location Tax and Legal:Tax Block: 16
  • Location Tax and Legal Common Interest2: None
  • General Property Information Basement YN: Yes
  • General Property Information Water Body Access YN2: No
  • General Property Information Attic Features YN2: No
  • General Property Information Number Of Buildings2: 1.0
  • Location Tax and Legal Land Lease YN3: No
  • Contract Information Property Attached YN: No
  • Unit 1 Dining Room YN2: Yes
  • Unit 1 Living Room YN2: Yes
  • Unit 2 Dining Room YN3: Yes
  • Unit 2 Living Room YN3: Yes
  • Unit 3 Dining Room YN4: No
  • Unit 3 Living Room YN4: Yes
  • Unit 4 Dining Room YN5: No
  • Unit 4 Living Room YN5: Yes
  • Unit 4 Security Deposit8: 995.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Basement YN: Yes

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 73-H10NW3-016-034-000
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2293.29
  • Tax Block: 16
  • Tax Map Number: 73-H10NW3-016-034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 8, 2025
Sold by
Jacobs-Van-Tol Drayke Lee
Bought by
Zwavy Llc
Seller's Agent
Charmin Green
Proactive Property Solutions
Buyer's Agent
(Luzerne) LCAR Member
NON MEMBER
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Views
25
Current Estimated Value
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
0.63%
Original Mortgage
$290,000
Outstanding Balance
$195,459
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$90,541

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 22, 2021
Sold by
Barkovitz Joseph and Barkovitz Jeanette
Bought by
Jacobs Van Tol Drayke Lee
Seller's Agent
Marika Protsouk
Realty Executives - Stroudsburg
Buyer's Agent
Jeffrey Dineen Jr
Iron Valley Real Estate - Mountainside
List Price
$175,000
Sold Price
$157,000
Premium/Discount to List
-$18,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$150,228
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2003
Bought by
Barkovitz Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $285,000 None Listed On Document
Deed $285,000 None Listed On Document
Deed $157,000 Keystone Premier Setmnt Svcs
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 Construction
Closed $290,000 Construction
Previous Owner $150,228 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $285,000 +14.0% $77 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $250,000 +59.2% $68 / Sq Ft
06/23/2021 06/23/21 Sold $157,000 -10.3% $42 / Sq Ft View Prior Sale
04/16/2021 04/16/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $175,000 -- $47 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $11,645 $70,100 $18,400 $51,700
2024 $11,645 $70,100 $18,400 $51,700
2023 $11,645 $70,100 $18,400 $51,700
2022 $11,632 $70,100 $18,400 $51,700
2021 $11,632 $70,100 $18,400 $51,700
2020 $11,632 $70,100 $18,400 $51,700
2019 $11,590 $70,100 $18,400 $51,700
2018 $11,549 $70,100 $18,400 $51,700
2017 $11,508 $70,100 $18,400 $51,700
2016 -- $70,100 $18,400 $51,700
2015 -- $70,100 $18,400 $51,700
2014 -- $70,100 $18,400 $51,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-130862

Pocono Mountains Association of REALTORS®

APN: 73-H10NW3-016-034-000