NOT LISTED FOR SALE

1401 State St Unit 502 Erie, PA 16501

Trinity Park Neighborhood

Estimated Value: $201,000 - $208,000

2 Beds
2 Baths
1,493 Sq Ft
$263/mo HOA Fee

Last Sold May 10, 2021

Last sale price $155,000 $104 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,779/month

210 Days on Market

Highlights

  • Intercom
  • Ceramic Tile Flooring
  • 4-minute walk to Griswold Park
  • Cooling Available
  • Forced Air Heating System

About This Home

As of May 2021

Great view of downtown Erie. Updated 2 bedroom condo in Mercantile Building. Walking distance from downtown State Street.

Last Agent to Sell the Property

Glenn McKinney

Coldwell Banker Select - Edinboro License #RS344999 Listed on: 09/21/2020

Coldwell Banker Select - Edinboro

Last Buyer's Agent

Jennifer L. Ferrick

eXp Realty - Erie License #RS355740

eXp Realty - Erie

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 15-020-004.0-203.73

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Directions: Corner of 14th and State Street. Parking in rear.
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 734-1144
  • MLS Status: Closed
  • Architectural Style: One Story
  • Unit Levels: One
  • Living Area: 1493.0
  • Year Built: 2009
  • Tax Year: 2021
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Other Equipment: Intercom
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Tile
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick

Utilities

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

Condo/Co-op/Association

  • Association Fee: 263.0
  • Association Fee Frequency: Monthly

Fee Information

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

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 15-020-004.0-203.73
  • Lot Dimensions: 0x0x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Islam and Raheela
Bought by
Pirzada Raheela and Nadeem Maheen
Current Estimated Value
$203,536

Purchase Details

Closed on
Jan 11, 2022
Sold by
Islam and Raheela
Bought by
Pirzada Raheela and Nadeem Maheen

Purchase Details

Listed on
Sep 21, 2020
Closed on
May 7, 2021
Sold by
Motsch Joseph D and Motsch Robin L
Bought by
Islam Nadeem and Pirzada Raheela
Seller's Agent
Glenn McKinney
Coldwell Banker Select - Edinboro
Buyer's Agent
Jennifer L. Ferrick
eXp Realty - Erie
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Sep 3, 2009
Sold by
1401 State Street Llc
Bought by
Motsch Joseph D
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
Pirzada Raheela -- Covelli & Piscione Law Offices
Pirzada Raheela -- Covelli & Piscione Law Offices
Islam Nadeem $155,000 None Available
Motsch Joseph D $135,540 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadeem Maheen $143,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $155,000 -8.8% $104 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
09/20/2020 09/20/20 For Sale $170,000 -- $114 / 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 $5,286 $133,700 $0 $133,700
2024 $5,173 $133,700 $0 $133,700
2023 $5,025 $133,700 $0 $133,700
2022 $4,920 $133,700 $0 $133,700
2021 $4,851 $133,700 $0 $133,700
2020 $4,818 $133,700 $0 $133,700
2019 $261 $133,700 $0 $133,700
2018 $258 $133,700 $0 $133,700
2017 $257 $7,640 $0 $7,640
2016 $289 $7,640 $0 $7,640
2015 $287 $7,640 $0 $7,640
2014 $248 $7,640 $0 $7,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 153584

Greater Erie Board of REALTORS®

APN: 15-020-004.0-203.73