NOT LISTED FOR SALE

503 W 3rd St Erie, PA 16507

West Bayfront Neighborhood

Estimated Value: $91,777 - $122,000

3 Beds
1 Bath
1,240 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $20,000 $16 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $729/month

29 Days on Market

Highlights

  • Deck
  • Carpet
  • 4-minute walk to Martin Luther King Jr Park
  • Forced Air Heating System

About This Home

As of November 2016

Two Story Vinyl-Sided Home Located In Nw Erie. Updates Include Vinyl Siding, Furnace, Electric Panel. Some Newer Windows. Rear Deck. This Is A Fannie Mae Homepath Property

Last Agent to Sell the Property

Brett C. Hammel

Hammel-Hagmann, Realtors License #RB045790L Listed on: 09/26/2016

Last Buyer's Agent

Ron Smith

Howard Hanna Erie South License #RS318115

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 27x58x0x0
  • Zoning described as R-2

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17-401-008.0-104.00

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: West 3Rd St Between Walnut And Cherry Sts
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 838-9004
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 1240.0
  • Year Built: 1917
  • Tax Year: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned

Interior Features

  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

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: 17-401-008.0-104.00
  • Lot Dimensions: 27x58x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1458.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2015
Sold by
Peck Raegin and Peck Billy Jo
Bought by
Federal National Mortgage Association
Current Estimated Value
$107,006

Purchase Details

Closed on
Oct 18, 2006
Sold by
Adams Robert J and Adams Deanna
Bought by
Peck Billy Jo and Peck Raegin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Demarco Denise L and Rodriguez Denise L
Bought by
Adams Robert J

Purchase Details

Closed on
Apr 20, 2006
Sold by
Turk Michael C and Demarco Denise
Bought by
Demarco Denise
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
Federal National Mortgage Association -- None Available
Peck Billy Jo $59,000 None Available
Adams Robert J $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peck Billy Jo $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $20,000 -14.9% $16 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $23,500 -- $19 / 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 $1,724 $43,600 $6,500 $37,100
2024 $1,687 $43,600 $6,500 $37,100
2023 $1,639 $43,600 $6,500 $37,100
2022 $1,604 $43,600 $6,500 $37,100
2021 $1,582 $43,600 $6,500 $37,100
2020 $1,571 $43,600 $6,500 $37,100
2019 $1,489 $43,600 $6,500 $37,100
2018 $1,472 $43,600 $6,500 $37,100
2017 $1,469 $43,600 $6,500 $37,100
2016 $1,322 $43,600 $6,500 $37,100
2015 $1,311 $43,600 $6,500 $37,100
2014 $1,086 $43,600 $6,500 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Brett C. Hammel

    Seller's Agent in 2016

    Brett C. Hammel

    Hammel-Hagmann, Realtors

    (814) 528-6865

    8 in this area

    56 Total Sales

    Section Image

  • R

    Buyer's Agent in 2016

    Ron Smith

    Howard Hanna Erie South

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 53754

Greater Erie Board of REALTORS®

APN: 17-040-018.0-104.00

Pennsylvania Erie County Erie 16507 West Bayfront

503 W 3rd St, Erie, PA

This home is located at 503 W 3rd St, Erie, PA 16507 since 26 September 2016 and is currently estimated at $106,194, approximately $85 per square foot. This property was built in 1917. 503 W 3rd St is a home located in Erie County with nearby schools including Harding Elementary School, Strong Vincent Middle School, and Erie High 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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