$4,000
SOLD JUL 31, 2025

38 Cherry St Albion, PA 16401

0.14 Acre
$28,571 Price per Acre
6,098 Sq Ft Lot

Recently Sold

$1 Per Sq Ft

20% Below List Price

30 Days on Market

About This Lot

As of July 2025

Residential building lot in Albion Boro offering public utilities and LERTA benefits to any new development. Please complete attached ECLB Vacant Lot Application. All accepted offers require final board approval and may take an additional 3 to 4 weeks to obtain.

Last Agent to Sell the Property

Patrick Groner

Pennington Lines Real Estate Brokerage Phone: (814) 833-3310 License #RM425281 Listed on: 05/19/2025

Last Buyer's Agent

Patrick Groner

Pennington Lines Real Estate Brokerage Phone: (814) 833-3310 License #RM425281 Listed on: 05/19/2025

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x127x50x126

Interior Spaces

  • 6,250 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 01-005-046.0-009.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Directions: Route 6N, West of center of Albion to South on Cherry Street to subject.
  • Current Use: Vacant
  • Lot Size Acres: 0.14
  • Attribution Contact: (814) 833-3310
  • Co List Office Phone: (814) 833-3310
  • MLS Status: Closed
  • Living Area: 6250.0
  • Tax Year: 2025
  • Property Sub Type Additional: Residential
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Northwestern

Lot Info

  • Parcel Number: 01-005-046.0-009.00
  • Lot Dimensions: 50x127x50x126
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 406.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jul 31, 2025
Sold by
Erie County Land Bank
Bought by
Christensen Marcus
Seller's Agent
Patrick Groner
Pennington Lines Real Estate
Buyer's Agent
Patrick Groner
Pennington Lines Real Estate
List Price
$5,000
Sold Price
$4,000
Premium/Discount to List
-$1,000
-20%
Views
7
Current Estimated Value
$156,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,000
Avg. Annual Appreciation
1995964.70%

Purchase Details

Closed on
Mar 5, 2020
Sold by
Erie County Tax Claim Bureau
Bought by
Erie County Land Bank

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 26, 2016
Sold by
Wells Farog Bank Na
Bought by
Hollis Stephanie A
Seller's Agent
Paul Masters
Interstate Real Estate Services Inc
Buyer's Agent
Paul Masters
Interstate Real Estate Services Inc
List Price
$7,900
Sold Price
$3,750
Premium/Discount to List
-$4,150
-52.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.06%

Purchase Details

Closed on
Mar 14, 2016
Sold by
Loornis John T
Bought by
Wells Fargo Bank Natioanl Association and Wells Fargo Bank Minnesota

Purchase Details

Closed on
Sep 14, 1994
Sold by
Not Provided
Bought by
Stemple Jeff H

Purchase Details

Closed on
Oct 24, 1986
Sold by
Not Provided
Bought by
Sowry Deborah A

Purchase Details

Closed on
Jun 12, 1978
Sold by
Not Provided
Bought by
Perry Richard H

Purchase Details

Closed on
Nov 23, 1970
Sold by
Not Provided
Bought by
Krause Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Deed $4,000 None Listed On Document
Quit Claim Deed -- None Available
Special Warranty Deed $3,750 None Available
Sheriffs Deed $4,353 None Available
Deed $43,500 --
Deed $36,000 --
Deed $35,000 --
Deed $10,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $4,000 -20.0% $1 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $5,000 +33.3% $1 / Sq Ft
06/15/2016 06/15/16 Sold $3,750 -52.5% $3 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $7,900 -- $6 / 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 $507 $18,500 $18,500 $0
2024 $499 $18,500 $18,500 $0
2023 $433 $18,500 $18,500 $0
2022 $419 $18,500 $18,500 $0
2021 $414 $18,500 $18,500 $0
2020 $1,544 $70,500 $18,500 $52,000
2019 $1,519 $70,500 $18,500 $52,000
2018 $1,473 $70,500 $18,500 $52,000
2017 $1,332 $70,500 $18,500 $52,000
2016 $1,511 $70,500 $18,500 $52,000
2015 $1,493 $70,500 $18,500 $52,000
2014 $815 $70,500 $18,500 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Groner

    Seller's Agent in 2025

    Patrick Groner

    Pennington Lines Real Estate

    (814) 397-4694

    92 Total Sales

    Patrick Groner
    Section Image
  • Paul Masters

    Seller's Agent in 2016

    Paul Masters

    Interstate Real Estate Services Inc

    (724) 699-8491

    201 Total Sales

    Paul Masters
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 183669

Greater Erie Board of REALTORS®

APN: 01-005-046.0-009.00

Pennsylvania Erie County Albion 16401

38 Cherry St, Albion, PA

Sold

Lots

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