NOT LISTED FOR SALE

2511 E 40th St Erie, PA 16510

East Grandview Neighborhood

Estimated Value: $111,000 - $164,224

3 Beds
1 Bath
1,196 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $76,000 $64 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $951/month

88 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Radiant Heating System
  • Window Unit Cooling System
  • Fenced
  • 1-Story Property

About This Home

As of November 2017

MOVE IN READY, 3 BEDROOM RANCH IN QUIET NEIGHBORHOOD WITH A FENCED BACKYARD. UPDATED KITCHEN, NEW FLOORING, WOOD TRIM, FRESH PAINT AND A NEW ELECTRICAL PANEL AND HOT WATER HEATER IN 2015. LOTS OF CLOSETS AND A LAUNDRY ROOM.

Last Agent to Sell the Property

Paula Testrake

Weichert Realtors - The Pro Group License #RS333807 Listed on: 08/01/2017

Last Buyer's Agent

James Darby

Keller Williams Realty License #RS335079

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,079 Sq Ft Lot
  • Lot Dimensions are 60x120x0x0
  • Fenced

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 18-052-056.0-307.00

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: E 38th TO SO ON RICE TO 3 40TH
  • Lot Size Acres: 0.1625
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 825-7761
  • MLS Status: Closed
  • Architectural Style: One Story
  • Unit Levels: One
  • Living Area: 1196.0
  • Year Built: 1963
  • Tax Year: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 18-052-056.0-307.00
  • Lot Dimensions: 60x120x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 16, 2017
Sold by
Testrake Ronald W and Testrake Bridget R
Bought by
Merva Frank and Merva Virgina
Seller's Agent
Paula Testrake
Weichert Realtors - The Pro Group
Buyer's Agent
James Darby
Keller Williams Realty
List Price
$89,000
Sold Price
$76,000
Premium/Discount to List
-$13,000
-14.61%
Current Estimated Value
$143,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,306
Avg. Annual Appreciation
8.22%
Original Mortgage
$76,000
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jun 1, 2015
Sold by
Castro Julian and Secretary Of Hsng Of Urban Dev
Bought by
Testrake Bridget R and Testrake Ronald W
Seller's Agent
Patrick Groner
Pennington Lines Real Estate
Buyer's Agent
Sherri Heasley
Weichert Realtors - The Pro Group
List Price
$58,000
Sold Price
$48,000
Premium/Discount to List
-$10,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.36%
Original Mortgage
$38,400
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2014
Sold by
U S Bank Na
Bought by
The Secretary Of Hsng & Urban Developmen

Purchase Details

Closed on
Oct 10, 2014
Sold by
Santiago Yolanda
Bought by
U S Bank Na and The Pennsylvania Housing Finance Agency

Purchase Details

Closed on
Sep 12, 2007
Sold by
Hand Shirley and Estate Of Vila Marie Lamm
Bought by
Santiago Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296
Interest Rate
6.65%
Mortgage Type
Stand Alone Second
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
Merva Frank $76,000 None Available
Testrake Bridget R $48,000 None Available
The Secretary Of Hsng & Urban Developmen -- None Available
U S Bank Na $3,020 None Available
Santiago Yolanda $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merva Frank $117,000
Closed Merva Frank $76,000
Previous Owner Testrake Bridget R $38,400
Previous Owner Santiago Yolanda $1,296
Previous Owner Santiago Yolanda $67,467
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $76,000 -14.6% $64 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $89,000 +85.4% $74 / Sq Ft
06/05/2015 06/05/15 Sold $48,000 -17.2% $40 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $58,000 -- $48 / 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 $2,254 $57,000 $22,300 $34,700
2024 $2,205 $57,000 $22,300 $34,700
2023 $2,142 $57,000 $22,300 $34,700
2022 $2,098 $57,000 $22,300 $34,700
2021 $2,068 $57,000 $22,300 $34,700
2020 $2,054 $57,000 $22,300 $34,700
2019 $1,947 $57,000 $22,300 $34,700
2018 $1,924 $57,000 $22,300 $34,700
2017 $1,920 $57,000 $22,300 $34,700
2016 $2,663 $57,000 $22,300 $34,700
2015 $2,649 $82,760 $22,300 $60,460
2014 $2,355 $82,760 $22,300 $60,460
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paula Testrake

    Weichert Realtors - The Pro Group

  • James Darby

    Buyer's Agent in 2017

    James Darby

    Keller Williams Realty

    (814) 844-3387

    3 in this area

    58 Total Sales

    James Darby
    Section Image
  • Patrick Groner

    Seller's Agent in 2015

    Patrick Groner

    Pennington Lines Real Estate

    (814) 397-4694

    2 in this area

    94 Total Sales

    Patrick Groner
    Section Image
  • Sherri Heasley

    Buyer's Agent in 2015

    Sherri Heasley

    Weichert Realtors - The Pro Group

    (814) 449-7263

    8 in this area

    203 Total Sales

    Sherri Heasley
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 112432

Greater Erie Board of REALTORS®

APN: 18-052-056.0-307.00

Pennsylvania Erie County Erie 16510 East Grandview

2511 E 40th St, Erie, PA

This home is located at 2511 E 40th St, Erie, PA 16510 since 01 August 2017 and is currently estimated at $143,306, approximately $119 per square foot. This property was built in 1963. 2511 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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