$160,000
SOLD APR 7, 2025

525 Smithson Ave Erie, PA 16511

Lawrence Park Neighborhood
3 Beds
2 Baths
1,617 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

9% Below List Price

42 Days on Market

About This Home

As of April 2025

Opportunity is endless for this Lawrence Park property. Currently used as a multi-unit rental but could be used as a single family OR owner-occupied investment. Roof 2016. Tons of updates in 2022 including kitchen and bathroom remodel (1st floor), porch rebuild, some new windows, exterior doors and electrical (2nd floor). Beautiful hardwoods and well cared for home.

Last Agent to Sell the Property

Jenna Ramsey

Coldwell Banker Select - Airpo Brokerage Phone: (814) 838-2299 License #RS325068 Listed on: 01/23/2025

Coldwell Banker Select - Airpo

Last Buyer's Agent

Elisa Romanishin

Agresti Real Estate License #RS360230

Agresti Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,510

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43x144x0x0

Parking

  • 2 Parking Spaces

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,617 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-013-024.0-004.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $677
  • Water Sewer Expense $548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,510

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: East Lake Rd to Smithson. House on left.
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Attribution Contact: (814) 838-2299
  • Co List Office Phone: (814) 838-2299
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 1617.0
  • Year Built Details: Actual
  • Year Built: 1928
  • Tax Year: 2024
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Total Bedrooms: 3
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Fee Information

  • Insurance Expense: 677.0
  • Annual Water Sewer Expense: 548.0

Schools

  • Junior High Dist: Iroquois

Lot Info

  • Parcel Number: 29-013-024.0-004.00
  • Lot Dimensions: 43x144x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3510.0

Similar Homes in Erie, PA

  • 504 W 29th St, Erie, PA 16508

    $141,900

    • 4 Beds
    • 1,800 Sq Ft
    • 504 W 29th St
    • Erie, PA

    Great investment opportunity for the Owner Occupant or investment portfolio. 2 unit with $1300 monthly income with potential income for more. New roof in 2017. great opportunity for the Owner/Occupant for additional income potential.

    Thomas Jones Keller Williams Realty

    Section Image
  • 3204 Rose Ave, Erie, PA 16510

    $125,000

    • 3 Beds
    • 1,476 Sq Ft
    • 3204 Rose Ave
    • Erie, PA

    Freshly Painted and ready to move in.

    Annmarie Jensen Howard Hanna Erie Airport

    Section Image
  • 1212 E 10th St, Erie, PA 16503

    $130,000

    • 6 Beds
    • 2,264 Sq Ft
    • 1212 E 10th St
    • Erie, PA

    Fully Occupied Multi Unit Property. Three bedrooms one bath in each unit. This is one of seven properties that could be purchased as a package. MLS # 184268, 184267, 184264, 184261, 184252, 184251, 184250

    Dan Cruz Agresti Real Estate

    Section Image
  • 1133 E 8th St, Erie, PA 16503

    $120,000

    • 4 Beds
    • 1,795 Sq Ft
    • 1133 E 8th St
    • Erie, PA

    Income producing investment property. Two bedrooms and one bath in each unit. This is one of seven properties that could be purchased as a package. MLS # 184268, 184267, 184264, 184261, 184252, 184251, 184250

    Dan Cruz Agresti Real Estate

    Section Image
  • 1125 E 8th St, Erie, PA 16503

    $120,000

    • 4 Beds
    • 1,496 Sq Ft
    • 1125 E 8th St
    • Erie, PA

    Fully occupied investment property. Two bedrooms one bathroom in each unit. This is one of seven properties that could be purchased as a package. MLS # 184268, 184267, 184264, 184261, 184252, 184251, 184250

    Dan Cruz Agresti Real Estate

    Section Image
  • 409 Ross St, Erie, PA 16507

    $120,000

    • 4 Beds
    • 1,484 Sq Ft
    • 409 Ross St
    • Erie, PA

    Fully occupied duplex. Many recent updates to both units including plumbing, hot water tanks, flooring, etc. Plenty of off-street parking and fenced in back yard. Turnkey investment property.

    Nathan Sherman Thrive Real Estate LLC

    Section Image
  • 1131 E 25th St, Erie, PA 16503

    $149,900

    • 6 Beds
    • 2 Baths
    • 2,091 Sq Ft
    • 1131 E 25th St
    • Erie, PA

    This two unit is currently occupied by the owner and a family member. A fair rent for each unit would be aboujt $1000 per month\ plus utilities. Come see for yourself!

    Sandra Jarecki Howard Hanna Erie Airport

    Section Image
  • 2626 Brandes St, Erie, PA 16504

    $129,900

    • 2 Beds
    • 2 Baths
    • 2,496 Sq Ft
    • 2626 Brandes St
    • Erie, PA

    Turnkey 3-Unit Investment Opportunity! Fully occupied, income-producing property with strong rental history. Perfect for investors or an owner-occupant!

    Dorotha Argaez Keller Williams Realty

    Section Image
See All Homes in Erie

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $160,000 -3.0% $99 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $165,000 -2.9% $102 / Sq Ft
01/29/2025 01/29/25 Price Changed $170,000 -2.9% $105 / Sq Ft
01/23/2025 01/23/25 For Sale $175,000 -- $108 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jenna Ramsey

    Seller's Agent in 2025

    Jenna Ramsey

    Coldwell Banker Select - Airpo

    (814) 715-1813

    5 in this area

    186 Total Sales

    Section Image
  • Elisa Romanishin

    Buyer's Agent in 2025

    Elisa Romanishin

    Agresti Real Estate

    (814) 403-5753

    2 in this area

    27 Total Sales

    Section Image
See All Agents

Map

Source: Greater Erie Board of REALTORS®

MLS Number: 181370

Greater Erie Board of REALTORS®

APN: 29-013-024.0-004.00

Pennsylvania Erie County Erie 16511 Lawrence Park

525 Smithson Ave, Erie, PA

This home is located at 525 Smithson Ave, Erie, PA 16511 and is currently priced at $160,000, approximately $98 per square foot. This property was built in 1928. 525 Smithson Ave is a home located in Erie County with nearby schools including Iroquois Elementary School, Iroquois Junior/Senior High School, and Mount Calvary 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.

Nearby Homes