Seller's Agent in 2024
Jamie Learn-Deuterman
Marsha Marsh RES Peach
(814) 450-9799
11 in this area
16 Total Sales
3617 Wallace St Erie, PA 16504
Mercyhurst NeighborhoodEstimated Value: $130,000 - $150,252
3
Beds
2
Baths
1,080
Sq Ft
$130/Sq Ft
Est. Value
Highlights
- 1 Car Attached Garage
- 1-Story Property
- 2-minute walk to Soccer Field
- Forced Air Heating System
About This Home
As of April 2024Introducing a charming and lucrative investment opportunity, this Ranch style home is the perfect choice for those seeking an attractive rental property. The main floor presents a spacious living area providing a comfortable space for relaxation and entertainment. The bedrooms are generously sized, offering comfort and privacy, and are complemented by ample closet space. In terms of location, this Ranch style home benefits from its proximity to key amenities, such as schools, shopping centers, parks, and public transportation, making it an attractive option for a wide range of tenants. In summary, this Ranch style investment rental property presents a fantastic opportunity to capitalize on the ever-growing real estate market. Don't miss out on this excellent investment prospect! This is an investment property with tenant occupancy through 5/20/2024.
Last Agent to Sell the Property
Marsha Marsh RES Peach Brokerage Phone: (814) 866-8840 License #RS351642 Listed on: 09/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,963
Year Built
- Built in 1959
Lot Details
- 7,501 Sq Ft Lot
- Lot Dimensions are 75x100x0x0
Parking
- 1 Car Attached Garage
Home Design
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 3 Bedrooms
- 1,080 Sq Ft Home
- 1-Story Property
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 18-053-073.0-211.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Apr 15, 2024
Sold by
Johnson & Johnson Prop Llc
Bought by
Pattison Blake E
Seller's Agent
Jamie Learn-Deuterman
Marsha Marsh RES Peach
Buyer's Agent
Jason Monn
Agresti Real Estate
List Price
$146,000
Sold Price
$137,500
Premium/Discount to List
-$8,500
-5.82%
Views
278
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
$3,313
Avg. Annual Appreciation
3.73%
Original Mortgage
$110,000
Outstanding Balance
$108,870
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$35,702
Purchase Details
Closed on
Apr 4, 2007
Sold by
U S Bank Na
Bought by
Johnson & Johnson Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2007
Sold by
Eisert Dennis L and Eisert Michelle M
Bought by
U S Bank Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1999
Sold by
Gallagher Michael and Singer Barbara
Bought by
Eisert Dennis L and Eisert Michelle M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,900
Interest Rate
7.83%
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 |
|---|---|---|---|
| Pattison Blake E | $137,500 | Select Settlement Services | |
| Johnson & Johnson Properties Llc | $73,000 | None Available | |
| U S Bank Na | $3,850 | None Available | |
| Eisert Dennis L | $52,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pattison Blake E | $110,000 | |
| Previous Owner | Johnson & Johnson Properties Llc | $58,400 | |
| Previous Owner | Eisert Dennis L | $12,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $137,500 | -4.2% | $127 / Sq Ft |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | Price Changed | $143,500 | -1.7% | $133 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $146,000 | -- | $135 / 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 | $3,080 | $77,900 | $18,300 | $59,600 |
| 2024 | $3,014 | $77,900 | $18,300 | $59,600 |
| 2023 | $2,928 | $77,900 | $18,300 | $59,600 |
| 2022 | $2,867 | $77,900 | $18,300 | $59,600 |
| 2021 | $2,826 | $77,900 | $18,300 | $59,600 |
| 2020 | $2,807 | $77,900 | $18,300 | $59,600 |
| 2019 | $2,660 | $77,900 | $18,300 | $59,600 |
| 2018 | $2,630 | $77,900 | $18,300 | $59,600 |
| 2017 | $2,624 | $77,900 | $18,300 | $59,600 |
| 2016 | $2,946 | $77,900 | $18,300 | $59,600 |
| 2015 | $2,926 | $77,900 | $18,300 | $59,600 |
| 2014 | $2,524 | $77,900 | $18,300 | $59,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jamie Learn-Deuterman
-
Jason Monn
Buyer's Agent in 2024
Jason Monn
Agresti Real Estate
1 in this area
23 Total Sales
Map
Source: Greater Erie Board of REALTORS®
MLS Number: 170997
APN: 18-053-073.0-211.00
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