NOT LISTED FOR SALE
5 Beds
2 Baths
2,104 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: March 21, 2022

Last sale price $48,900 $23 Per Sq Ft

79 Days on Market

About This Home

As of March 2022

Solid investment property. All replacement windows. Separate gas, electric, furnace and hot water tanks. Rents have not been adjusted in some time. Approximate net income of $7800 per year.

Last Agent to Sell the Property

Brian Eastman

Howard Hanna Erie Airport License #RS289808 Listed on: 11/19/2021

Howard Hanna Erie Airport

Last Buyer's Agent

Brandon Penn

RE/MAX Lakeland Realty - Erie License #RS324868

RE/MAX Lakeland Realty - Erie

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x121x0x0

Home Design

  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2,104 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14-010-036.0-224.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $500
  • Maintenance Expense $500
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: N on East Ave to E on East 5th Street
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 453-4578
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 2104.0
  • Year Built: 1887
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 500.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 14-010-036.0-224.00
  • Lot Dimensions: 33x121x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Maintenance Expense: 500.0

Tax Info

  • Tax Annual Amount: 1815.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Brian Eastman
Howard Hanna Erie Airport
Buyer's Agent
Brandon Penn
RE/MAX Lakeland Realty - Erie
List Price
$55,000
Sold Price
$48,900
Premium/Discount to List
-$6,100
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,675
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1988
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$48,900 None Listed On Document
$13,700 --
$14,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $36,675
Closed $25,157
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $48,900 -2.0% $23 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/01/2022 02/01/22 Price Changed $49,900 -9.3% $24 / Sq Ft
11/19/2021 11/19/21 For Sale $55,000 -- $26 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,015 $49,300 $8,400 $40,900
2025 $1,949 $49,300 $8,400 $40,900
2024 $1,908 $49,300 $8,400 $40,900
2023 $1,853 $49,300 $8,400 $40,900
2022 $1,814 $49,300 $8,400 $40,900
2021 $1,789 $49,300 $8,400 $40,900
2020 $1,776 $49,300 $8,400 $40,900
2019 $1,684 $49,300 $8,400 $40,900
2018 $1,664 $49,300 $8,400 $40,900
2017 $1,661 $49,300 $8,400 $40,900
2016 $1,864 $49,300 $8,400 $40,900
2015 $1,852 $49,300 $8,400 $40,900
2014 $1,597 $49,300 $8,400 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 161050

Greater Erie Board of REALTORS®

APN: 14-010-036.0-224.00

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