NOT LISTED FOR SALE

1318 Timber Ridge Dr Erie, PA 16509

Millcreek Neighborhood

Estimated Value: $474,000 - $533,000

4 Beds
3.5 Baths
2,915 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $429,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,359/month

4 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Cooling System Powered By Gas
  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Centrally located Lombardozzi build, with an abundance of space. Large room sizes, well-appointed kitchen and an awesome finished basement, featuring almost 1,000 sq. ft. of entertaining space!

Last Agent to Sell the Property

Catherine Fox

Coldwell Banker Select - Airport License #RS334301 Listed on: 04/14/2022

Coldwell Banker Select - Airport

Last Buyer's Agent

Dennis Smith

RE/MAX Real Estate Group Erie License #RS335481

RE/MAX Real Estate Group Erie

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,850

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85x138x0x0
  • Zoning described as A-RES

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,915 Sq Ft Home
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Timber Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-164-619.0-206.11

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,850

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Washington Ave to Biebel St to Timber Ridge
  • Lot Size Acres: 0.261
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 838-2299
  • MLS Status: Closed
  • Subdivision Name: Timber Ridge
  • Living Area: 2915.0
  • Year Built Details: Actual
  • Year Built: 1991
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1991

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Disposal, Refrigerator
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Millcreek

Lot Info

  • Parcel Number: 33-164-619.0-206.11
  • Lot Dimensions: 85x138x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: A-RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 20, 2022
Sold by
Vickery Dennis E
Bought by
Dhimal Tek N and Acharya Bhatka M
Seller's Agent
Catherine Fox
Coldwell Banker Select - Airport
Buyer's Agent
Dennis Smith
RE/MAX Real Estate Group Erie
List Price
$375,000
Sold Price
$429,000
Premium/Discount to List
$54,000
14.4%
Current Estimated Value
$511,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,748
Avg. Annual Appreciation
5.54%
Original Mortgage
$345,136
Outstanding Balance
$328,341
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$183,407

Purchase Details

Listed on
May 7, 2015
Closed on
Aug 18, 2015
Sold by
Awada Marc Y and Awada Ruth V
Bought by
Vickery Dennis E
Seller's Agent
Tim Kuzma
Howard Hanna Erie Southwest
Buyer's Agent
Trevor Thompson
Coldwell Banker Select - Peach
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$264,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 13, 2012
Sold by
Shabtai Israel and Shabtai Cathy D
Bought by
Awada Marc Y and Awada Ruth
Seller's Agent
Matt Froehlich
Coldwell Banker Select - Airport
Buyer's Agent
Tim Kuzma
Howard Hanna Erie Southwest
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$224,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Dhimal Tek N $429,000 Select Settlement
Vickery Dennis E $330,000 None Available
Awada Marc Y $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhimal Tek N $345,136
Previous Owner Vickery Dennis E $264,000
Previous Owner Awada Marc Y $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2022 06/29/22 Sold $429,000 +14.4% $147 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $375,000 +13.6% $129 / Sq Ft
08/25/2015 08/25/15 Sold $330,000 -5.7% $113 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $349,900 +25.0% $120 / Sq Ft
07/13/2012 07/13/12 Sold $280,000 -1.8% $96 / Sq Ft View Prior Sale
05/12/2012 05/12/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $285,000 -- $98 / 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 $7,755 $282,180 $44,300 $237,880
2024 $7,552 $282,180 $44,300 $237,880
2023 $7,129 $282,180 $44,300 $237,880
2022 $6,850 $282,180 $44,300 $237,880
2021 $6,776 $282,180 $44,300 $237,880
2020 $6,706 $282,180 $44,300 $237,880
2019 $6,594 $282,180 $44,300 $237,880
2018 $6,432 $282,180 $44,300 $237,880
2017 $6,417 $282,180 $44,300 $237,880
2016 $7,599 $282,180 $44,300 $237,880
2015 $7,528 $282,180 $44,300 $237,880
2014 $2,394 $282,180 $44,300 $237,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 162791

Greater Erie Board of REALTORS®

APN: 33-164-619.0-206.11