550 Pierce St Erie, CO 80516
Old Town Erie Neighborhood
2
Beds
1
Bath
1,151
Sq Ft
0.26
Acres
Highlights
- No HOA
- Cottage
- Patio
- Erie Elementary School Rated A
- Eat-In Kitchen
- 4-minute walk to Coal Creek Park
About This Home
As of February 2025Welcome to 550 Pierce Street in Old Town Erie! This charming bungalow offers a unique opportunity in one of Erie's most desirable locations. Perfectly livable as-is or ready for your remodel or new build vision, this property is conveniently situated in an amazing location. Just a short distance to restaurants, downtown shopping, the town pool, and the sports park. Featuring 2 bedrooms and 1 bathroom, the home sits on three lots in the Old Town Residential District, which allows for the addition of an accessory dwelling unit (ADU). New roof (June 2023), Fresh paint (2022), RV parking, Alley access, Storage sheds, Newer hot water boiler and hot water heater, Washer and dryer, Bathroom with a walk-in shower and dual sinks Additionally, mineral and gas rights transfer to the new owner at closing. Don't miss this rare chance to own a property with so much potential in a hard to find location! Whether you're looking to move in, renovate, or build. Seller is offering this property in its current condition.
Last Agent to Sell the Property
The Group Inc - Harmony Brokerage Email: rspencer@thegroupinc.com,970-221-0700 License #40031281 Listed on: 11/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,041
Year Built
- Built in 1893
Lot Details
- 0.26 Acre Lot
- East Facing Home
- Partially Fenced Property
- Level Lot
Home Design
- Cottage
- Frame Construction
- Composition Roof
- Metal Siding
Interior Spaces
- 1,151 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Erie Elementary And Middle School
- Erie High School
Utilities
- Evaporated cooling system
- Water Heater
- High Speed Internet
- Satellite Dish
- Cable TV Available
Community Details
- No Home Owners Association
- Erie Town Subdivision
Listing and Financial Details
- Exclusions: Sellers Personal Property
- Assessor Parcel Number R5755786
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Feb 21, 2025
Sold by
Garcia Anthony
Bought by
Quarter Circle Lazy H Ranch Inc
Seller's Agent
Ryan Spencer
The Group Inc - Harmony
Buyer's Agent
Ryan Spencer
Group Harmony
List Price
$540,000
Sold Price
$470,000
Premium/Discount to List
-$70,000
-12.96%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,715
Avg. Annual Appreciation
-0.16%
Purchase Details
Closed on
Jan 11, 2024
Sold by
Garcia Louis
Bought by
Garcia Anthony
Purchase Details
Closed on
Apr 16, 1990
Purchase Details
Closed on
Apr 21, 1987
Purchase Details
Closed on
Apr 17, 1984
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $470,000 | None Listed On Document | |
| Deed Of Distribution | -- | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $0 | New Conventional | |
| Previous Owner | $40,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $470,000 | -3.1% | $408 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $485,000 | -6.7% | $421 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $520,000 | -3.7% | $452 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $540,000 | -- | $469 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $2,834 | $28,470 | $10,550 | $17,920 |
| 2024 | $2,834 | $28,470 | $10,550 | $17,920 |
| 2023 | $2,041 | $30,480 | $11,420 | $19,060 |
| 2022 | $1,914 | $24,710 | $9,380 | $15,330 |
| 2021 | $1,956 | $25,420 | $9,650 | $15,770 |
| 2020 | $1,528 | $21,530 | $7,240 | $14,290 |
| 2019 | $1,542 | $21,530 | $7,240 | $14,290 |
| 2018 | $890 | $15,520 | $3,240 | $12,280 |
| 2017 | $865 | $15,520 | $3,240 | $12,280 |
| 2016 | $620 | $11,770 | $3,360 | $8,410 |
| 2015 | $602 | $11,770 | $3,360 | $8,410 |
| 2014 | $407 | $3,960 | $1,680 | $2,280 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Ryan Spencer
The Group Inc - Harmony
Map
Source: REcolorado®
MLS Number: 7492343
APN: R5755786
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