NOT LISTED FOR SALE

1401 State St Unit 406 Erie, PA 16501

Trinity Park Neighborhood

Estimated Value: $112,000 - $148,822

1 Bed
1 Bath
961 Sq Ft
$224/mo HOA Fee

Last Sold September 21, 2022

Last sale price $120,000 $125 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,072/month

77 Days on Market

Highlights

  • Tile Flooring
  • Heat Pump System
  • 4-minute walk to Griswold Park
  • Central Air

About This Home

As of September 2022

Luxury, completely remodeled condo in the historic Mercantile Building in the heart of the city! Dramatic, industrial architecture with exposed ductwork, Sleek white cabinetry, doors, woodwork and newer tile floors throughout contrast with decorator navy walls. SS appliances & granite in kitchen w/counter dining. Sweeping views of the Cathedral and sunsets. New stacked laundry, no stairs to climb, elevator access, off-street parking. Condo fee includes water, sewer & garbage.

Last Agent to Sell the Property

Mary Smrekar

Coldwell Banker Select - Peach License #AB061630L Listed on: 05/27/2022

Coldwell Banker Select - Peach

Last Buyer's Agent

Diane Sarbak

Howard Hanna Erie Southwest License #RS344525

Howard Hanna Erie Southwest

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Security Lights

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include maintenance structure, sewer, snow removal, trash, water

Listing and Financial Details

  • Assessor Parcel Number 15-020-004.0-203.70

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Directions: SE corner of 14th & State, rear entrance of building.
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 453-4578
  • MLS Status: Closed
  • Architectural Style: One Story
  • Unit Levels: One
  • Living Area: 961.0
  • Year Built Details: Actual
  • Year Built: 2009
  • Tax Year: 2022
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Appliances: Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Security Lighting

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 224.0
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 15-020-004.0-203.70
  • Lot Dimensions: 0x0x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3809.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 23, 2022
Sold by
Mclaughlin Jon J
Bought by
Sarbak Andrew J
Seller's Agent
Mary Smrekar
Coldwell Banker Select - Peach
Buyer's Agent
Diane Sarbak
Howard Hanna Erie Southwest
List Price
$127,500
Sold Price
$120,000
Premium/Discount to List
-$7,500
-5.88%
Current Estimated Value
$134,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,206
Avg. Annual Appreciation
3.75%
Original Mortgage
$96,000
Outstanding Balance
$87,148
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$47,058

Purchase Details

Listed on
Aug 12, 2017
Closed on
Mar 22, 2018
Sold by
Shaw Dana
Bought by
Mclaughlin Brian P
Seller's Agent
Dee Caruana
Agresti Real Estate
Buyer's Agent
Mary Smrekar
Coldwell Banker Select - Peach
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.15%
Original Mortgage
$85,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 28, 2016
Sold by
Collins Delaney
Bought by
Shaw Dana
Seller's Agent
Slythe Stoler
Howard Hanna Erie Airport
Buyer's Agent
Slythe Stoler
Howard Hanna Erie Airport
List Price
$132,000
Sold Price
$114,000
Premium/Discount to List
-$18,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Nov 8, 2011
Closed on
Mar 26, 2013
Sold by
1401 State Street Llc
Bought by
Collins Delaney
Seller's Agent
Marsha Marsh
Marsha Marsh RES Peach
List Price
$118,000
Sold Price
$110,000
Premium/Discount to List
-$8,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$88,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sarbak Andrew J $120,000 --
Mclaughlin Brian P $114,000 None Available
Shaw Dana $114,000 None Available
Collins Delaney $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarbak Andrew J $96,000
Previous Owner Mclaughlin Brian P $85,500
Previous Owner Collins Delaney $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $120,000 -3.9% $125 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $124,900 -2.0% $130 / Sq Ft
07/29/2022 07/29/22 For Sale $127,500 0.0% $133 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $127,500 0.0% $133 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $127,500 +11.8% $133 / Sq Ft
03/22/2018 03/22/18 Sold $114,000 -8.7% $119 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
08/11/2017 08/11/17 For Sale $124,900 +9.6% $130 / Sq Ft
07/08/2016 07/08/16 Sold $114,000 -13.6% $119 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $132,000 +20.0% $137 / Sq Ft
03/28/2013 03/28/13 Sold $110,000 -6.8% $114 / Sq Ft View Prior Sale
06/01/2012 06/01/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $118,000 -- $123 / 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 $4,092 $103,500 $0 $103,500
2024 $4,005 $103,500 $0 $103,500
2023 $3,890 $103,500 $0 $103,500
2022 $3,809 $103,500 $0 $103,500
2021 $3,755 $103,500 $0 $103,500
2020 $3,729 $103,500 $0 $103,500
2019 $254 $103,500 $0 $103,500
2018 $251 $103,500 $0 $103,500
2017 $250 $7,434 $0 $7,434
2016 $281 $7,434 $0 $7,434
2015 $279 $7,434 $0 $7,434
2014 $241 $7,434 $0 $7,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 163602

Greater Erie Board of REALTORS®

APN: 15-020-004.0-203.70