$690,000
SOLD AUG 26, 2021
-- Bed
-- Bath
16,795 Sq Ft
0.68 Acres

Recently Sold

$41 Per Sq Ft

8% Below List Price

3 Days on Market

Highlights

  • 0.68 Acre Lot
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of August 2021

"Shingle Style" meets "Second Renaissance Revival" in this beautiful stone and shake investment property. 18 total mostly 1-bedroom units in the main house and carriage house. 100% occupied, including leasing of garage. Additional income from coin laundry.

Last Agent to Sell the Property

Judy Duffy

RE/MAX Hometown Realty License #RS320112 Listed on: 08/02/2021

RE/MAX Hometown Realty

Last Buyer's Agent

Judy Duffy

RE/MAX Hometown Realty License #RS320112 Listed on: 08/02/2021

RE/MAX Hometown Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 0.68 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 16,795 Sq Ft Home
  • Stone

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 17-040-017.0-126.00

Community Details

Overview

  • 18 Units

Building Details

  • Insurance Expense $6,000
  • Maintenance Expense $6,000
  • Water Sewer Expense $2,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: In the block between Walnut & Cherry on the north side of the street.
  • Lot Size Acres: 0.684
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 333-1141
  • MLS Status: Closed
  • Living Area: 16795.0
  • Year Built Details: Actual
  • Year Built: 1905
  • Tax Year: 2021
  • Special Features: None
  • Year Built: 1905

Interior Features

  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Stone

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 18.0

Utilities

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

Fee Information

  • Insurance Expense: 6000.0
  • Annual Water Sewer Expense: 2900.0

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-040-017.0-126.00
  • Lot Dimensions: 163x163x0xIRR
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 4
  • Maintenance Expense: 6000.0

Tax Info

  • Tax Annual Amount: 18559.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Corritore Justin S and Corritore Kristen E
Bought by
Albert Jarecki House Llc
Current Estimated Value
$1,036,918

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 26, 2021
Sold by
Great Ventures Llc
Bought by
Corritore Justin S and Corritore Kristen E
Seller's Agent
Judy Duffy
RE/MAX Hometown Realty
Buyer's Agent
Judy Duffy
RE/MAX Hometown Realty
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$700,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2015
Closed on
Sep 30, 2015
Sold by
Gamble Joseph P and Gamble Debra Ann
Bought by
Great Ventures Llc
Seller's Agent
Thomas NeCastro
Coldwell Banker Select - Airport
Buyer's Agent
Judy Duffy
RE/MAX Hometown Realty
List Price
$669,000
Sold Price
$590,000
Premium/Discount to List
-$79,000
-11.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$472,000
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 10, 2010
Sold by
Morton Levant T
Bought by
Gamble Joseph P and Gamble Debra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 5, 2008
Sold by
Gamble Joseph P and Gamble Debra A
Bought by
Morton Levant T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Shipton Larry and Shipton Judy A
Bought by
Gamble Joseph P and Gamble Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 1997
Sold by
Not Provided
Bought by
Not Provided
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 Type Sale Price Title Company
Special Warranty Deed $900,000 None Listed On Document
Special Warranty Deed $664,500 None Available
Deed $590,000 None Available
Warranty Deed $565,000 None Available
Special Warranty Deed $525,000 None Available
Special Warranty Deed $510,000 --
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,842,400 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $700,000 Commercial
Previous Owner $43,000 Commercial
Previous Owner $38,000 Credit Line Revolving
Previous Owner $100,616 Closed End Mortgage
Previous Owner $472,000 Credit Line Revolving
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $423,750 Future Advance Clause Open End Mortgage
Previous Owner $540,000 Future Advance Clause Open End Mortgage
Previous Owner $375,000 Commercial
Previous Owner $375,000 Commercial
Closed $43,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $690,000 -8.0% $41 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $750,000 +27.1% $45 / Sq Ft
09/30/2015 09/30/15 Sold $590,000 -11.8% $35 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $669,000 -- $40 / 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 $20,224 $511,500 $89,400 $422,100
2024 $19,791 $511,500 $89,400 $422,100
2023 $19,226 $511,500 $89,400 $422,100
2022 $18,823 $511,500 $89,400 $422,100
2021 $18,559 $511,500 $89,400 $422,100
2020 $18,431 $511,500 $89,400 $422,100
2019 $17,468 $511,500 $89,400 $422,100
2018 $17,266 $511,500 $89,400 $422,100
2017 $17,229 $511,500 $89,400 $422,100
2016 $19,342 $511,500 $89,400 $422,100
2015 $19,214 $511,500 $89,400 $422,100
2014 $16,574 $511,500 $89,400 $422,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 158373

Greater Erie Board of REALTORS®

APN: 17-040-017.0-126.00