Seller's Agent in 2025
Ken Hoffmaster
Iron Valley Real Estate Coal Region
(610) 507-8445
1 in this area
37 Total Sales
531 W 5th St Hazleton, PA 18201
--
Bed
--
Bath
--
Sq Ft
3,049
Sq Ft Lot
Highlights
- Traditional Architecture
- More Than Two Accessible Exits
- Hot Water Heating System
- 1 Car Attached Garage
- Zoned Heating
About This Home
As of June 2025Versatile Multi-Family Opportunity - Hazleton, PA Investor Alert or Family-Friendly Fixer Upper ( Mainly Cosmetic )! Listed accordingly, this spacious multi-family property is a true cash-flow opportunity with serious potential.Currently set up as a multi-family home, the layout offers plenty of flexibility—easily convert into two or even three units with the proper approvals to maximize rental income and build long-term equity. Or if you're looking to cut back on expenses, this could be the perfect setup to move in family members, share the space, and grow together—all while fixing it up and building equity over time. Ideal as a starter home with future upside! Key Features:Spacious layout perfect for multi-unit conversionPotential for 3 total units (with zoning approval)Affordable at just $269,900High ROI potential for investorsLocated in Hazleton, a city with strong rental demand and job opportunitiesThis property is bursting with potential—whether you're a savvy investor or a family looking for smart living and future value. Fix it. Rent it. Live in it. Grow with it.Whatever your goal, this is the one you don't want to miss! Contact me today to learn more or schedule a private showing.
Last Agent to Sell the Property
Iron Valley Real Estate Coal Region License #RS362822 Listed on: 04/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,091
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Driveway
- On-Street Parking
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Accessible Home Design
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Schools
- Hazleton Area High School
Utilities
- Zoned Heating
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 71-T8NW44-007-007-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2017
Sold by
Polumbo Ralph and Polumbo Alice
Bought by
Feng Jian Ying
Total Days on Market
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Outstanding Balance
$32,218
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$231,925
Purchase Details
Closed on
May 13, 2016
Sold by
Parnell Sawong
Bought by
Parnell Sawong and Krill Jeffrey John
Purchase Details
Closed on
Apr 20, 1979
Bought by
Fierro Neal J and Fierro Anne P
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $212,300 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $38,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | $280,000 | +3.7% | -- |
| 04/26/2025 04/26/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $269,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,410 | $126,700 | $20,600 | $106,100 |
| 2024 | $3,410 | $126,700 | $20,600 | $106,100 |
| 2023 | $3,188 | $126,700 | $20,600 | $106,100 |
| 2022 | $3,164 | $126,700 | $20,600 | $106,100 |
| 2021 | $3,091 | $126,700 | $20,600 | $106,100 |
| 2020 | $2,762 | $126,700 | $20,600 | $106,100 |
| 2019 | $2,850 | $126,700 | $20,600 | $106,100 |
| 2018 | $2,753 | $126,700 | $20,600 | $106,100 |
| 2017 | $2,537 | $126,700 | $20,600 | $106,100 |
| 2016 | $1,419 | $126,700 | $20,600 | $106,100 |
| 2015 | $1,387 | $126,700 | $20,600 | $106,100 |
| 2014 | $1,387 | $126,700 | $20,600 | $106,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Hoffmaster
-
datacorrect BrightMLS
d
Buyer's Agent in 2025
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: PALU2002292
APN: 71-T8NW44-007-007-000
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