NOT LISTED FOR SALE

1162 W 5th St Erie, PA 16507

West Bayfront Neighborhood

Estimated Value: $114,000 - $135,000

3 Beds
2 Baths
1,252 Sq Ft
$100/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $110,000 $88 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $874/month

7 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Window Unit Cooling System
  • Wood Flooring
  • Porch
  • Shed

About This Home

As of October 2023

Don't miss out on this charming NW Erie home! Close to all of Erie's Bayfront attractions, this home has it all from the front porch and swing, to the back deck with pergola, yard with stone fire pit and large storage shed. The inside features beautiful hardwoods downstairs with an updated applianced kitchen, french doors to open up the dining room to the living room, and 3 beds 1 bath upstairs with 3rd floor bonus space. Basement has laundry area and additional bath.

Last Agent to Sell the Property

Makenzie Agresti

Agresti Real Estate Brokerage Phone: (814) 449-7815 License #AB069569 Listed on: 07/26/2023

Agresti Real Estate

Last Buyer's Agent

J.P. Hood

eXp Realty - Erie License #RS353517

eXp Realty - Erie

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1924

Lot Details

  • 3,149 Sq Ft Lot
  • Lot Dimensions are 30x105x0x0

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 17-040-035.0-226.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,364

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Head East on W Bayfront Parkway, Right onto Cranberry St, Left onto W Fifth St, 1162 on Left.
  • Lot Size Acres: 0.0723
  • Attribution Contact: (814) 449-7815
  • Co List Office Phone: (814) 459-9400
  • MLS Status: Closed
  • Living Area: 1252.0
  • Year Built Details: Actual
  • Year Built: 1924
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1924

Interior Features

  • Appliances: Exhaust Fan, Gas Oven, Gas Range, Refrigerator
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Porch, Storage
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-040-035.0-226.00
  • Lot Dimensions: 30x105x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2364.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Nov 2, 2023
Sold by
Brown Joshua
Bought by
Samsel Nicholas M
Seller's Agent
Makenzie Agresti
Agresti Real Estate
Buyer's Agent
J.P. Hood
eXp Realty - Erie
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Views
95
Current Estimated Value
$125,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,550
Avg. Annual Appreciation
6.55%
Original Mortgage
$108,007
Outstanding Balance
$106,486
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$17,452

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 2, 2022
Sold by
Jackson Jolene L and Jackson Terry E
Bought by
Brown Joshua
Seller's Agent
Stephanie Yacobozzi
Agresti Real Estate
Buyer's Agent
Stephanie Yacobozzi
Agresti Real Estate
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$65,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2015
Sold by
Dolak Mark J and Dolak Kathleen
Bought by
Jackson Jolene L and Jackson Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,393
Interest Rate
4.37%
Mortgage Type
FHA
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
Samsel Nicholas M $110,000 None Listed On Document
Brown Joshua $87,000 None Listed On Document
Jackson Jolene L $47,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samsel Nicholas M $108,007
Previous Owner Brown Joshua $65,250
Previous Owner Jackson Jolene L $46,393
Previous Owner Dolak Mark J $16,100
Previous Owner Dolak Mark J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $110,000 +4.8% $88 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $105,000 +20.7% $84 / Sq Ft
01/21/2022 01/21/22 Sold $87,000 -3.2% $69 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $89,900 -- $72 / 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 $2,457 $62,150 $7,500 $54,650
2024 $2,405 $62,150 $7,500 $54,650
2023 $2,336 $62,150 $7,500 $54,650
2022 $2,287 $62,150 $7,500 $54,650
2021 $2,255 $62,150 $7,500 $54,650
2020 $2,239 $62,150 $7,500 $54,650
2019 $2,122 $62,150 $7,500 $54,650
2018 $2,098 $62,150 $7,500 $54,650
2017 $2,093 $62,150 $7,500 $54,650
2016 $2,350 $62,150 $7,500 $54,650
2015 $2,335 $62,150 $7,500 $54,650
2014 $2,014 $62,150 $7,500 $54,650
Source: Public Records

Agents Affiliated with this Home

  • Makenzie Agresti

    Seller's Agent in 2023

    Makenzie Agresti

    Agresti Real Estate

    (814) 449-7815

    3 in this area

    33 Total Sales

    Makenzie Agresti
    Section Image
  • J.P. Hood

    Buyer's Agent in 2023

    J.P. Hood

    eXp Realty - Erie

    (814) 392-2298

    18 in this area

    268 Total Sales

    J.P. Hood
    Section Image
  • Stephanie Yacobozzi

    Seller's Agent in 2022

    Stephanie Yacobozzi

    Agresti Real Estate

    (814) 397-2669

    7 in this area

    113 Total Sales

    Stephanie Yacobozzi
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 170166

Greater Erie Board of REALTORS®

APN: 17-040-035.0-226.00

Pennsylvania Erie County Erie 16507 West Bayfront

1162 W 5th St, Erie, PA

This home is located at 1162 W 5th St, Erie, PA 16507 since 26 July 2023 and is currently estimated at $125,550, approximately $100 per square foot. This property was built in 1924. 1162 W 5th St is a home located in Erie County with nearby schools including Harding Elementary School, Strong Vincent 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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