G
Seller's Agent in 2017
Gerard Sweeney
Howard Hanna Erie Airport
2802 Ash St Erie, PA 16504
Marvintown NeighborhoodEstimated Value: $103,979
6
Beds
--
Bath
4,142
Sq Ft
$25/Sq Ft
Est. Value
About This Home
As of November 2017CASH-FLOW! CASH-FLOW! Great CAP Rate of 16+%, Debt-Coverage ratio of 2.26 and Cash-on-Cash of 36%. 4-Units (1 Storefront and 3 apartments.) See attached APOD. BETTER HURRY!! Substantial 4-unit with 3 Residential Apartments and a Commercial Storefront with a well-established Beauty-Salon, close to MercyHurst University and St. Mary's Home East.
Last Agent to Sell the Property
Gerard Sweeney
Howard Hanna Erie Airport License #RS335618 Listed on: 04/02/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 4,051 Sq Ft Lot
- Lot Dimensions are 33x120x0x0
Parking
- 2 Car Attached Garage
Home Design
- Aluminum Siding
Interior Spaces
- 6 Bedrooms
- 4,142 Sq Ft Home
- 2-Story Property
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 18-050-069.0-207.00
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $900
- Maintenance Expense $1,795
- Water Sewer Expense $1,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2024
Sold by
Layden & Layden Llc
Bought by
Chiozza Melody Joy
Current Estimated Value
Purchase Details
Listed on
Apr 2, 2017
Closed on
Nov 2, 2017
Sold by
Smith Paul L and Zientek Anne C
Bought by
Layden Layden Llc
Seller's Agent
Gerard Sweeney
Howard Hanna Erie Airport
Buyer's Agent
Jenn Nelson
Coldwell Banker Select - Peach
List Price
$89,000
Sold Price
$90,000
Premium/Discount to List
$1,000
1.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$67,500
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 18, 2003
Sold by
Logworong Alfred Y
Bought by
Smith Paul L and Zientek Anne C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
5.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 18, 2000
Sold by
Monschein Kathleen S
Bought by
Logworong Alfred Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,748
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 1998
Sold by
Monschein Alan R
Bought by
Monschein Kathleen S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chiozza Melody Joy | $95,000 | None Listed On Document | |
| Layden Layden Llc | $90,000 | None Available | |
| Smith Paul L | $95,000 | -- | |
| Logworong Alfred Y | $85,000 | -- | |
| Monschein Kathleen S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Layden Layden Llc | $67,500 | |
| Previous Owner | Plonski Mary E | $16,532 | |
| Previous Owner | Smith Paul L | $71,250 | |
| Previous Owner | Logworong Alfred Y | $84,748 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2017 11/13/17 | Sold | $90,000 | +1.1% | $22 / Sq Ft |
| 09/19/2017 09/19/17 | Pending | -- | -- | -- |
| 03/30/2017 03/30/17 | For Sale | $89,000 | -- | $21 / Sq Ft |
Source: Greater Erie Board of REALTORS®
Tax History Compared to Growth
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 | $3,578 | $90,500 | $12,200 | $78,300 |
| 2024 | $3,502 | $90,500 | $12,200 | $78,300 |
| 2023 | $3,402 | $90,500 | $12,200 | $78,300 |
| 2022 | $3,330 | $90,500 | $12,200 | $78,300 |
| 2021 | $3,284 | $90,500 | $12,200 | $78,300 |
| 2020 | $3,261 | $90,500 | $12,200 | $78,300 |
| 2019 | $3,091 | $90,500 | $12,200 | $78,300 |
| 2018 | $3,055 | $90,500 | $12,200 | $78,300 |
| 2017 | $3,048 | $90,500 | $12,200 | $78,300 |
| 2016 | $3,422 | $90,500 | $12,200 | $78,300 |
| 2015 | $3,399 | $90,500 | $12,200 | $78,300 |
| 2014 | $2,933 | $90,500 | $12,200 | $78,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Jenn Nelson
Coldwell Banker Select - Peach
(814) 572-6489
11 in this area
256 Total Sales
Map
Source: Greater Erie Board of REALTORS®
MLS Number: 107753
APN: 18-050-069.0-207.00
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.
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.
Nearby Homes