Seller's Agent in 2018
Joseph Bondi
RE/MAX
(814) 450-8887
3 in this area
48 Total Sales
348 W 3rd St Erie, PA 16507
West Bayfront NeighborhoodEstimated Value: $114,000 - $225,266
1
Bed
--
Bath
3,366
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- Window Unit Cooling System
- Hot Water Heating System
- 1-minute walk to Martin Luther King Jr Park
About This Home
As of October 2018Nicely Renovated and updated (4) unit with modern kitchens and baths; very good rental history and strong cash flow; rents are actual with one tenant receiving a discount for managing; separate electric for all units; owner pays gas (listed in the repairs/maintenance field), W/S/R; expense numbers are rounded and may vary; city inspections are current.
Last Agent to Sell the Property
RE/MAX Real Estate Group Erie License #RS171812L Listed on: 07/24/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,128
Year Built
- Built in 1857
Lot Details
- 8,015 Sq Ft Lot
- Lot Dimensions are 49x165x48x165
Parking
- 5 Parking Spaces
Home Design
- Frame Construction
Interior Spaces
- 1 Bedroom
- 3,366 Sq Ft Home
- 2-Story Property
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 17-040-012.0-230.00
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $700
- Maintenance Expense $1,020
- Water Sewer Expense $2,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2018
Closed on
Sep 28, 2018
Sold by
Stump Dane A
Bought by
348 W 3Rd Llc
Seller's Agent
Joseph Bondi
RE/MAX Real Estate Group Erie
Buyer's Agent
Sue Weber
Agresti Real Estate
List Price
$128,000
Sold Price
$116,750
Premium/Discount to List
-$11,250
-8.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,567
Avg. Annual Appreciation
5.49%
Purchase Details
Listed on
Aug 19, 2014
Closed on
Nov 21, 2014
Sold by
Covato Christopher P and Covato Alexandrina
Bought by
Stump Dane A
Seller's Agent
Renee Brown-Wagner
Howard Hanna Erie Southwest
Buyer's Agent
Joseph Bondi
RE/MAX Real Estate Group Erie
List Price
$130,000
Sold Price
$122,500
Premium/Discount to List
-$7,500
-5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.24%
Purchase Details
Closed on
Nov 5, 2004
Sold by
Covato Christopher P and Covato Alexandrina
Bought by
Covato Christopher P and Covato Alexandrina
Purchase Details
Closed on
Jan 23, 2004
Sold by
Kujan Shirley M
Bought by
Covato Christopher P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,150
Interest Rate
5.89%
Mortgage Type
FHA
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 |
|---|---|---|---|
| 348 W 3Rd Llc | $116,750 | None Available | |
| Stump Dane A | $122,500 | None Available | |
| Covato Christopher P | -- | -- | |
| Covato Christopher P | $104,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Covato Christopher P | $103,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $116,750 | -8.8% | $35 / Sq Ft | |
| 09/01/2018 09/01/18 | Pending | -- | -- | -- | |
| 07/24/2018 07/24/18 | For Sale | $128,000 | +4.5% | $38 / Sq Ft | |
| 11/24/2014 11/24/14 | Sold | $122,500 | -5.8% | $36 / Sq Ft | View Prior Sale |
| 11/17/2014 11/17/14 | Pending | -- | -- | -- | |
| 08/18/2014 08/18/14 | For Sale | $130,000 | -- | $39 / 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 | $2,487 | $62,900 | $12,000 | $50,900 |
| 2024 | $2,434 | $62,900 | $12,000 | $50,900 |
| 2023 | $2,364 | $62,900 | $12,000 | $50,900 |
| 2022 | $2,315 | $62,900 | $12,000 | $50,900 |
| 2021 | $2,282 | $62,900 | $12,000 | $50,900 |
| 2020 | $2,266 | $62,900 | $12,000 | $50,900 |
| 2019 | $2,148 | $62,900 | $12,000 | $50,900 |
| 2018 | $2,123 | $62,900 | $12,000 | $50,900 |
| 2017 | $2,119 | $62,900 | $12,000 | $50,900 |
| 2016 | $2,378 | $62,900 | $12,000 | $50,900 |
| 2015 | $2,363 | $62,900 | $12,000 | $50,900 |
| 2014 | $2,038 | $62,900 | $12,000 | $50,900 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Bondi
-
Sue Weber
Buyer's Agent in 2018
Sue Weber
Agresti Real Estate
(814) 864-8382
4 in this area
105 Total Sales
-
Renee Brown-Wagner
Seller's Agent in 2014
Renee Brown-Wagner
Howard Hanna Erie Southwest
(814) 323-1034
7 Total Sales
Map
Source: Greater Erie Board of REALTORS®
MLS Number: 129797
APN: 17-040-012.0-230.00
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