NOT LISTED FOR SALE

1162 E 40th St Erie, PA 16504

Mercyhurst Neighborhood

Estimated Value: $145,291 - $171,000

3 Beds
1 Bath
1,008 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $86,950 $86 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,085/month

88 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Burton Park

About This Home

As of March 2016

Ready To Move In Today. Freshly Painted, New Roof, Newer Electric Panel (200 Amp) Gleaming Hrdws Floors, All New Windows, Cedar Closet & A Laundry Chute. Possible Br Room In Basement. Big Deck & 2 Car Garage. Should Qualify For Fha Or Va Financing ! Enjoy Walking, Tennis And Basketball In Burton Park See It Today!!

Last Agent to Sell the Property

Bill Schaaf

Howard Hanna Erie Southwest License #AB028212L Listed on: 11/30/2015

Howard Hanna Erie Southwest

Last Buyer's Agent

Dee Caruana

Agresti Real Estate License #RS212466L

Agresti Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 66x61x0x0

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 18-052-010.0-100.00

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Northwest Corner Of 40Th & Brandes
  • Lot Size Acres: 0.159
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 864-3200
  • MLS Status: Closed
  • Architectural Style: One Story
  • Unit Levels: One
  • Living Area: 1008.0
  • Year Built: 1958
  • Tax Year: 2015
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Stories: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 18-052-010.0-100.00
  • Lot Dimensions: 66x61x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Mar 2, 2016
Sold by
Myers Michael J and Wellman Michele J
Bought by
Gunter Edward F
Seller's Agent
Bill Schaaf
Howard Hanna Erie Southwest
Buyer's Agent
Dee Caruana
Agresti Real Estate
List Price
$86,950
Sold Price
$86,950
Current Estimated Value
$147,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,272
Avg. Annual Appreciation
5.59%
Original Mortgage
$85,374
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2005
Sold by
Myers George L and Myers Joan
Bought by
Myers James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2001
Sold by
Altegra Credit Company
Bought by
Myers George L

Purchase Details

Closed on
Dec 7, 2000
Sold by
Herrmann John F
Bought by
Altegra Credit Company
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
Gunter Edward F $86,950 None Available
Myers James E -- --
Myers George L $53,000 --
Altegra Credit Company $6,730 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunter Edward F $114,142
Closed Gunter Edward F $85,374
Previous Owner Myers James E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $86,950 0.0% $86 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $86,950 -- $86 / 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 $3,335 $84,340 $19,200 $65,140
2024 $3,263 $84,340 $19,200 $65,140
2023 $3,170 $84,340 $19,200 $65,140
2022 $3,104 $84,340 $19,200 $65,140
2021 $3,060 $84,340 $19,200 $65,140
2020 $3,039 $84,340 $19,200 $65,140
2019 $2,880 $84,340 $19,200 $65,140
2018 $2,847 $84,340 $19,200 $65,140
2017 $2,841 $84,340 $19,200 $65,140
2016 $3,189 $84,340 $19,200 $65,140
2015 $3,168 $84,340 $19,200 $65,140
2014 $2,733 $84,340 $19,200 $65,140
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Schaaf

    Howard Hanna Erie Southwest

    Section Image
  • Dee Caruana

    Buyer's Agent in 2016

    Dee Caruana

    Agresti Real Estate

    (814) 873-4620

    12 in this area

    261 Total Sales

    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 48220

Greater Erie Board of REALTORS®

APN: 18-052-010.0-100.00

Pennsylvania Erie County Erie 16504 Mercyhurst

1162 E 40th St, Erie, PA

This home is located at 1162 E 40th St, Erie, PA 16504 since 30 November 2015 and is currently estimated at $153,573, approximately $152 per square foot. This property was built in 1958. 1162 E 40th St is a home located in Erie County with nearby schools including JoAnna Connell Elementary School, Woodrow Wilson 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.

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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