NOT LISTED FOR SALE

550 W 5th St Erie, PA 16507

West Bayfront Neighborhood
3 Beds
2 Baths
1,689 Sq Ft
3,794 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $52,000 $31 Per Sq Ft

81 Days on Market

About This Home

As of April 2023

Spacious two-unit investment property with 3 bedrooms and 2 bathrooms. Great property to add to your portfolio with long term tenants. Close to downtown, the bayfront and a bus route. Seller is a PA licensed Real Estate Agent.

Last Agent to Sell the Property

Jill DeForce

Coldwell Banker Select - Airport Brokerage Phone: (814) 838-2299 License #RS342100 Listed on: 12/09/2022

Coldwell Banker Select - Airport

Last Buyer's Agent

Connor Imboden

Agresti Real Estate License #RS337408

Agresti Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 3,794 Sq Ft Lot
  • Lot Dimensions are 23x165x0x0

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,689 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 17-040-017.0-234.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: West 5th East of Cherry and West of Walnut
  • Lot Size Acres: 0.0871
  • 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: 1689.0
  • Year Built Details: Estimate
  • Year Built: 1913
  • Tax Year: 2022
  • Special Features: None
  • Year Built: 1913

Interior Features

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

Exterior Features

  • Construction Type: Aluminum Siding

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: 17-040-017.0-234.00
  • Lot Dimensions: 23x165x0x0
  • 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: 2053.0

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
04/12/2023 04/12/23 Sold $52,000 -11.9% $31 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $59,000 -7.8% $35 / Sq Ft
01/04/2023 01/04/23 Price Changed $64,000 -7.2% $38 / Sq Ft
12/09/2022 12/09/22 For Sale $69,000 +81.6% $41 / Sq Ft
02/06/2018 02/06/18 Sold $38,000 -15.6% $22 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $45,000 -- $27 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jill DeForce

    Seller's Agent in 2023

    Jill DeForce

    Coldwell Banker Select - Airport

    (814) 449-5926

    2 in this area

    17 Total Sales

    Jill DeForce
    Section Image
  • Connor Imboden

    Buyer's Agent in 2023

    Connor Imboden

    Agresti Real Estate

    (814) 864-9775

    15 in this area

    139 Total Sales

    Connor Imboden
    Section Image
  • DANIELLE JONES

    Seller's Agent in 2018

    DANIELLE JONES

    Agresti Real Estate

    (814) 434-5126

    6 in this area

    108 Total Sales

    DANIELLE JONES
    Section Image
See All Agents

Map

Source: Greater Erie Board of REALTORS®

MLS Number: 166479

Greater Erie Board of REALTORS®

APN: 17-040-017.0-234.00

Pennsylvania Erie County Erie 16507 West Bayfront

550 W 5th St, Erie, PA

This home is located at 550 W 5th St, Erie, PA 16507 since 09 December 2022. This property was built in 1913. 550 W 5th 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.

Nearby Homes