NOT LISTED FOR SALE

1119 Potomac Ave Erie, PA 16505

Millcreek Neighborhood

Estimated Value: $92,000 - $152,500

4 Beds
1 Bath
941 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $100,000 $106 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $897/month

23 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Forced Air Heating System

About This Home

As of February 2022

**SELLER IS OFFERING A $5,000 CREDIT TOWARD A ROOF REPLACEMENT** Affordable opportunity in the Millcreek school district - perfect starter or investment home. Hardwood floors throughout, freshly painted interior and upgraded bathroom with handicapped accessible features. Full basement with outside entry. Low maintenance yard with storage shed. All appliances included. No FHA/VA.

Last Agent to Sell the Property

Libby Remache

Howard Hanna Erie East License #RS338708 Listed on: 12/23/2021

Howard Hanna Erie East

Last Buyer's Agent

Dawn Nesbitt

Marsha Marsh RES Peach License #RS226949L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1940

Lot Details

  • 5,868 Sq Ft Lot
  • Lot Dimensions are 61x95x0x0

Home Design

  • Aluminum Siding

Interior Spaces

  • 941 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33-027-081.0-014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,715

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: W. 12th Street to north on Potomac.
  • Lot Size Acres: 0.1347
  • Co List Office Phone: (814) 899-3005
  • MLS Status: Closed
  • Architectural Style: One and One Half Story
  • Unit Levels: One and One Half
  • Living Area: 941.0
  • Year Built Details: Actual
  • Year Built: 1940
  • Tax Year: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Basement: Exterior Entry, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Storage
  • Other Structures: Shed(s)

Utilities

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

Schools

  • Junior High Dist: Millcreek

Lot Info

  • Parcel Number: 33-027-081.0-014.00
  • Lot Dimensions: 61x95x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Feb 17, 2022
Sold by
Simpson Alec J
Bought by
Smith Nicholas
Seller's Agent
Libby Remache
Howard Hanna Erie East
Buyer's Agent
Dawn Nesbitt
Marsha Marsh RES Peach
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%
Current Estimated Value
$134,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,875
Avg. Annual Appreciation
11.24%
Original Mortgage
$95,000
Outstanding Balance
$88,550
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$57,396
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Nicholas $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicholas $95,000
Previous Owner Simpson Tracy A $71,050
Previous Owner Simpson Tracy A $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $100,000 -9.0% $106 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $109,900 0.0% $117 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/23/2021 12/23/21 For Sale $109,900 -- $117 / Sq Ft
Source: Greater Erie 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 $1,962 $71,400 $20,000 $51,400
2024 $1,911 $71,400 $20,000 $51,400
2023 $1,804 $71,400 $20,000 $51,400
2022 $1,733 $71,400 $20,000 $51,400
2021 $1,715 $71,400 $20,000 $51,400
2020 $1,697 $71,400 $20,000 $51,400
2019 $1,669 $71,400 $20,000 $51,400
2018 $1,627 $71,400 $20,000 $51,400
2017 $1,624 $71,400 $20,000 $51,400
2016 $1,872 $71,400 $20,000 $51,400
2015 $1,854 $71,400 $20,000 $51,400
2014 $606 $71,400 $20,000 $51,400
Source: Public Records

Agents Affiliated with this Home

  • Libby Remache

    Seller's Agent in 2022

    Libby Remache

    Howard Hanna Erie East

    (814) 722-1110

    20 in this area

    274 Total Sales

    Libby Remache
    Section Image
  • Dawn Nesbitt

    Buyer's Agent in 2022

    Dawn Nesbitt

    Marsha Marsh RES Peach

    (814) 882-0647

    33 in this area

    105 Total Sales

    Dawn Nesbitt
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 161389

Greater Erie Board of REALTORS®

APN: 33-027-081.0-014.00

Pennsylvania Erie County Erie 16505 Millcreek

1119 Potomac Ave, Erie, PA

This home is located at 1119 Potomac Ave, Erie, PA 16505 since 23 December 2021 and is currently estimated at $134,875, approximately $143 per square foot. This property was built in 1940. 1119 Potomac Ave is a home located in Erie County with nearby schools including Westlake Middle School, McDowell High School, and Tracy Elementary 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.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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