NOT LISTED FOR SALE

1118 Wallace St Erie, PA 16503

East Bayfront Neighborhood

Estimated Value: $72,000 - $89,000

3 Beds
1 Bath
1,608 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $4,450 $3 Per Sq Ft

Est. 1,705% increase in value since last sale

Current estimated payment $442/month

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Wood Siding
  • Home Security System
  • Satellite Dish

About This Home

As of January 2017

1.5 Story 3- Bedroom & 1 Bath Home close to Downtown Erie. Needs Some TLC. Please go to www.XOME.com is the auction site for this property!

Last Agent to Sell the Property

William Moon

GATES & BURNS REALTY, INC OC License #RM423628 Listed on: 12/13/2016

Last Buyer's Agent

William Moon

GATES & BURNS REALTY, INC OC License #RM423628 Listed on: 12/13/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1872

Lot Details

  • 2,679 Sq Ft Lot
  • 15020022010200

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • 1.5-Story Property
  • Home Security System
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15020022010200

Home Details

Home Type

Single Family

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.0615
  • Directions: From ECCH take Seminole DR, turn left onto W 8th St, turn right onto Greengarden Blvd, turn left at the 2nd Cross St onto W 12th Turn left onto Holland St, turn right at the 1sr Cross St onto E 11th , turn right onto 3rd Cross St onto Wallace Street. Watch for the Sign!
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1872
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space, Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Frame, Wood Siding, Vinyl Siding
  • Other Structures: None
  • Patio And Porch Features: Porch
  • Roof: Composition, Other

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry Features: W/D Hook Up
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Erie City

Lot Info

  • Lot Size Sq Ft: 2678.94
  • Additional Parcels Description: 15020022010200
  • Additional Parcels: Yes
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 814
  • Tax Map Number: 15020022010200
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Redevelopment Authority/City/E
Bought by
Nasher Llc
Current Estimated Value
$80,333

Purchase Details

Closed on
Oct 25, 2017
Sold by
Castlerock 2017 Llc
Bought by
Skeen Kristen Michelle

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jan 24, 2017
Sold by
The Bank Of New York Mellon
Bought by
Castlerock 2017 Llc
Seller's Agent
William Moon
GATES & BURNS REALTY, INC OC
Buyer's Agent
William Moon
GATES & BURNS REALTY, INC OC
List Price
$25,000
Sold Price
$4,450
Premium/Discount to List
-$20,550
-82.2%

Purchase Details

Listed on
Dec 13, 2016
Closed on
Dec 13, 2016
Sold by
Carter Bonnie Lynn and Carter Edward
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
William Moon
GATES & BURNS REALTY, INC OC
Buyer's Agent
William Moon
GATES & BURNS REALTY, INC OC
List Price
$25,000
Sold Price
$4,450
Premium/Discount to List
-$20,550
-82.2%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nasher Llc -- None Listed On Document
Skeen Kristen Michelle $3,000 None Available
Castlerock 2017 Llc $4,450 None Available
The Bank Of New York Mellon $1,996 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $4,450 -82.2% $3 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
12/15/2016 12/15/16 For Sale $25,000 -- $16 / Sq Ft
Source: Allegheny Valley Board 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 $210 $5,300 $5,300 $0
2024 $205 $5,300 $5,300 $0
2023 $199 $5,300 $5,300 $0
2022 $195 $5,300 $5,300 $0
2021 $192 $5,300 $5,300 $0
2020 $878 $24,360 $5,300 $19,060
2019 $832 $24,360 $5,300 $19,060
2018 $822 $24,360 $5,300 $19,060
2017 $821 $24,360 $5,300 $19,060
2016 $921 $24,360 $5,300 $19,060
2015 $915 $24,360 $5,300 $19,060
2014 $789 $24,360 $5,300 $19,060
Source: Public Records

Agents Affiliated with this Home

  • William Moon

    Seller's Agent in 2017

    William Moon

    GATES & BURNS REALTY, INC OC

    (814) 676-8541

    212 Total Sales

    William Moon
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 149057

APN: 15-020-022.0-102.00

Pennsylvania Erie County Erie 16503 East Bayfront

1118 Wallace St, Erie, PA

This home is located at 1118 Wallace St, Erie, PA 16503 since 13 December 2016 and is currently estimated at $80,333, approximately $49 per square foot. This property was built in 1872. 1118 Wallace St is a home located in Erie County with nearby schools including Pfeiffer-Burleigh Elementary School, East Middle School, and Erie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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