NOT LISTED FOR SALE

5029 La Rae Dr Erie, PA 16506

Millcreek Neighborhood

Estimated Value: $299,932 - $332,000

3 Beds
2 Baths
1,380 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $191,500 $139 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,109/month

22 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2.5 Car Attached Garage
  • Walnut Creek Middle School Rated A-
  • Porch
  • Patio

About This Home

As of September 2017

Prepare to be awed! Sellers removed the wall between the living room and kitchen and created a kitchen/keeping room with oversized island, granite tops, new stainless appliances, wood cabinetry and vaulted ceiling. Add to that a deep lot with oversized deck, patio and 10x16 shed on concrete pad. All in a great neighborhood close to schools, shopping, and major highways. Low traffic area as this house sits just south of the cul-de-sac. One year home warranty included!

Last Agent to Sell the Property

Linda Kifer

Howard Hanna Erie Airport License #RS221803L Listed on: 07/26/2017

Howard Hanna Erie Airport

Last Buyer's Agent

Dawn Nesbitt

Marsha Marsh RES Peach License #RS226949L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,727

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x173x0x0

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Tri-Level Property
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Valley Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-124-414.0-102.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,727

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: Zimmerly Road to North on LaRae Dr.
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 833-1000
  • MLS Status: Closed
  • Subdivision Name: Valley Ridge
  • Architectural Style: Tri-Level
  • Unit Levels: Multi/Split
  • Living Area: 1380.0
  • Year Built: 1994
  • Tax Year: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Paved Driveway, Porch, Patio
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 2.5
  • Attached Garage: Yes
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Millcreek

Lot Info

  • Parcel Number: 33-124-414.0-102.00
  • Lot Dimensions: 60x173x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3727.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
Gormley Adam M and Gormley Rachell
Bought by
Gormley Adam M
Current Estimated Value
$317,233

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 28, 2017
Sold by
Snyder Gary L and Snyder Kristen M
Bought by
Gormley Adam M
Seller's Agent
Linda Kifer
Howard Hanna Erie Airport
Buyer's Agent
Dawn Nesbitt
Marsha Marsh RES Peach
List Price
$205,000
Sold Price
$191,500
Premium/Discount to List
-$13,500
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$188,030
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 19, 2013
Closed on
Feb 27, 2014
Sold by
Vereb Marie and Vereb Michael
Bought by
Snyder Gary L and Snyder Kristen M
Seller's Agent
Fred Amendola
Keller Williams Realty
Buyer's Agent
Linda Kifer
Howard Hanna Erie Airport
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$169,866
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2001
Sold by
Tuberson Ronald B and Tuberson Patricia L
Bought by
Vereb Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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
Gormley Adam M -- --
Gormley Adam M $191,500 None Available
Snyder Gary L $173,000 None Available
Vereb Marie $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gormley Adam M $198,750
Previous Owner Gormley Adam M $188,030
Previous Owner Snyder Gary L $169,866
Previous Owner Vereb Marie $147,000
Previous Owner Vereb Marie $132,000
Previous Owner Vereb Marie $132,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $191,500 -6.6% $139 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $205,000 +18.5% $149 / Sq Ft
02/27/2014 02/27/14 Sold $173,000 -3.8% $111 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $179,900 -- $115 / 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 $4,576 $166,520 $39,300 $127,220
2024 $4,457 $166,520 $39,300 $127,220
2023 $4,207 $166,520 $39,300 $127,220
2022 $4,042 $166,520 $39,300 $127,220
2021 $3,999 $166,520 $39,300 $127,220
2020 $3,957 $166,520 $39,300 $127,220
2019 $3,891 $166,520 $39,300 $127,220
2018 $3,795 $166,520 $39,300 $127,220
2017 $3,787 $166,520 $39,300 $127,220
2016 $4,456 $166,520 $39,300 $127,220
2015 $4,415 $166,520 $39,300 $127,220
2014 $1,413 $166,520 $39,300 $127,220
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Linda Kifer

    Howard Hanna Erie Airport

    Section Image
  • Dawn Nesbitt

    Buyer's Agent in 2017

    Dawn Nesbitt

    Marsha Marsh RES Peach

    (814) 882-0647

    33 in this area

    105 Total Sales

    Dawn Nesbitt
    Section Image
  • Fred Amendola

    Seller's Agent in 2014

    Fred Amendola

    Keller Williams Realty

    (814) 882-4100

    118 in this area

    415 Total Sales

    Fred Amendola
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 112263

Greater Erie Board of REALTORS®

APN: 33-124-414.0-102.00

Pennsylvania Erie County Erie 16506 Millcreek

5029 La Rae Dr, Erie, PA

This home is located at 5029 La Rae Dr, Erie, PA 16506 since 26 July 2017 and is currently estimated at $317,233, approximately $229 per square foot. This property was built in 1994. 5029 La Rae Dr is a home located in Erie County with nearby schools including McDowell High School, Walnut Creek Middle School, and Grandview Elementary School.

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.

Greater Erie Board of REALTORS® 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.

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