$292,500

507 W 2nd St Erie, PA 16507

West Bayfront Neighborhood

Estimated payment $1,832/month

Total Views 32,606
0.43 Acre
$680,233 Price per Acre
18,731 Sq Ft Lot

Highlights

  • Water Views
  • 0.43 Acre Lot
  • 2-minute walk to Bayview Park

About This Lot

Waterfront Residential zoning offers many uses: Single Family and Multi Family dwellings. Cleared and ready for building. Assemblage of 5 parcels being sold as 1. Includes17-040-018.0-207.00, 17-040-018.0-208.00 and 17-040-018.0-205.00. Assessment and taxes reflect all parcels. Views of Erie's Bayfront / Water. Great opportunity to take advantage of LERTA.

Listing Agent

Paul Gornall

Weichert Realtors - The Pro Group Brokerage Phone: (814) 825-7761 License #AB048936L Listed on: 04/17/2025

Weichert Realtors - The Pro Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,293

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 150x155x0x0
  • Zoning described as W-R

Interior Spaces

  • 18,570 Sq Ft Home
  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 17-040-018.0-206.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,293

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Directions: SW corner of W 2nd and Walnut Sts.
  • Lot Size Acres: 0.43
  • View Type:Pond View: Water
  • Attribution Contact: (814) 825-7761
  • Co List Office Phone: (814) 825-7761
  • MLS Status: Active
  • Living Area: 18570.0
  • Tax Year: 2025
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • View: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-040-018.0-206.00
  • Lot Dimensions: 150x155x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: W-R

Tax Info

  • Tax Annual Amount: 3293.0

Map

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

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 $1,555 $39,332 $39,332 $0
2024 $1,161 $30,000 $23,400 $6,600
2023 $1,128 $30,000 $23,400 $6,600
2022 $1,104 $30,000 $23,400 $6,600
2021 $1,088 $30,000 $23,400 $6,600
2020 $2,486 $69,000 $23,400 $45,600
2019 $2,356 $69,000 $23,400 $45,600
2018 $2,329 $69,000 $23,400 $45,600
2017 $2,324 $69,000 $23,400 $45,600
2016 $2,282 $69,000 $23,400 $45,600
2015 $2,265 $69,000 $23,400 $45,600
2014 $1,909 $69,000 $23,400 $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $292,500 -- $16 / Sq Ft
Source: Greater Erie Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $260,000 None Listed On Document
Fiduciary Deed $134,865 None Available
Deed $30,000 None Available
Source: Public Records

Source: Greater Erie Board of REALTORS®

MLS Number: 182401

Greater Erie Board of REALTORS®

APN: 17-040-018.0-206.00

Pennsylvania Erie County Erie 16507 West Bayfront

507 W 2nd St, Erie, PA

This home is located at 507 W 2nd St, Erie, PA 16507 and is currently priced at $292,500, approximately $15 per square foot. 507 W 2nd 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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Paul Gornall
Listing Agent
Paul Gornall
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Weichert Realtors - The Pro Group
(814) 482-2524