NOT LISTED FOR SALE

Estimated Value: $420,272

11 Beds
-- Bath
9,782 Sq Ft
$43/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $380,000 $39 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,957/month

37 Days on Market

Highlights

  • 0.23 Acre Lot
  • Forced Air Heating System
  • 2 Car Garage

About This Home

As of June 2022

Includes a separate lot on Chestnut street for access to large parking lot

Last Agent to Sell the Property

Joseph Palermo

Palermo Realty License #RS123923A Listed on: 02/19/2022

Last Buyer's Agent

Steph Montgomery

Coldwell Banker Select - Airport License #RS341122

Coldwell Banker Select - Airport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,764

Year Built

  • Built in 1882

Lot Details

  • 10,228 Sq Ft Lot
  • Lot Dimensions are 62x165x0x0

Parking

  • 2 Car Garage

Home Design

  • 9,782 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 17-040-013.0-135.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,764

Year Built

Built in 1882

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: West 8th street to 400 block
  • Lot Size Acres: 0.2348
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 835-6757
  • MLS Status: Closed
  • Living Area: 9782.0
  • Year Built: 1882
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-040-013.0-135.00
  • Lot Dimensions: 62x165x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 14
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 7764.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Jun 3, 2022
Sold by
Palermo Jr Joseph D and Palermo Rea D
Bought by
Erie United Methodist Alliance Inc
Seller's Agent
Joseph Palermo
Palermo Realty
Buyer's Agent
Steph Montgomery
Coldwell Banker Select - Airport
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$420,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,272
Original Mortgage
$304,000
Outstanding Balance
$289,690
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
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
Erie United Methodist Alliance Inc $380,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erie United Methodist Alliance $7,000
Open Erie United Methodist Alliance Inc $304,000
Previous Owner Palemo Joseph D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $380,000 0.0% $39 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $380,000 0.0% $39 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $380,000 -- $39 / 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 $8,619 $218,000 $40,900 $177,100
2024 $8,435 $218,000 $40,900 $177,100
2023 $8,194 $218,000 $40,900 $177,100
2022 $8,022 $218,000 $40,900 $177,100
2021 $7,910 $218,000 $40,900 $177,100
2020 $7,855 $218,000 $40,900 $177,100
2019 $7,445 $218,000 $40,900 $177,100
2018 $7,359 $218,000 $40,900 $177,100
2017 $7,343 $218,000 $40,900 $177,100
2016 $8,243 $218,000 $40,900 $177,100
2015 $8,189 $218,000 $40,900 $177,100
2014 $7,064 $218,000 $40,900 $177,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 161981

Greater Erie Board of REALTORS®

APN: 17-040-013.0-135.00