NOT LISTED FOR SALE

563 W 8th St Erie, PA 16502

West Bayfront Neighborhood
1 Bed
3 Baths
3,380 Sq Ft
3,402 Sq Ft Lot

Last Sold January 18, 2019

Last sale price $60,000 $18 Per Sq Ft

9 Days on Market

About This Home

As of January 2019

3,380 SF (±) 3-unit multi-family investment property for sale 2 blocks from Gannon University's campus. Sold "as-is" as part of an estate. Building features one 2 bed/1 bath & two 1 bed/1 bath apartments plus a 1 car attached garage. Shared laundry facilities in basement. Separately metered electric including house/common area meter. New windows on first floor. 25% Occupancy. Estimated full market value: $120,000 - deferred maintenance deduction of $28,000. Proforma NOI $10,370.

Last Agent to Sell the Property

Amanda Bogert

SBRE - Sherry Bauer Real Estate Services License #RS320460 Listed on: 12/06/2018

Last Buyer's Agent

Thomas Jones

Keller Williams Realty License #AB050729L

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,402 Sq Ft Lot
  • Lot Dimensions are 41x81x0x0

Parking

  • 1 Car Attached Garage

Home Design

  • 3,380 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 16-030-030.0-212.00

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $180
  • Water Sewer Expense $1,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: Southeastern corner of W. 8th & Cherry Streets. West 8th is one-way running west to east.
  • Lot Size Acres: 0.0781
  • Road Surface Type: Paved
  • Professional Management Expense: 1632.0
  • Co List Office Phone: (814) 453-2000
  • MLS Status: Closed
  • Living Area: 3380.0
  • Year Built Details: Estimate
  • Year Built: 1900
  • Tax Year: 2018
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1.0

Utilities

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

Fee Information

  • Insurance Expense: 800.0
  • Annual Water Sewer Expense: 1620.0

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 16-030-030.0-212.00
  • Lot Dimensions: 41x81x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: RLB
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Maintenance Expense: 180.0
  • Resident Manager Expense: 1632.0

Tax Info

  • Tax Annual Amount: 3482.0

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

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $60,000 -34.8% $18 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $92,000 -- $27 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Bogert

    Seller's Agent in 2019

    Amanda Bogert

    SBRE - Sherry Bauer Real Estate Services

    (814) 790-8342

    12 Total Sales

    Amanda Bogert
    Section Image
  • Thomas Jones

    Buyer's Agent in 2019

    Thomas Jones

    Keller Williams Realty

    (814) 823-9094

    2 in this area

    87 Total Sales

    Thomas Jones
    Section Image
See All Agents

Map

Source: Greater Erie Board of REALTORS®

MLS Number: 135119

Greater Erie Board of REALTORS®

APN: 16-030-030.0-212.00

Pennsylvania Erie County Erie 16502 West Bayfront

563 W 8th St, Erie, PA

This home is located at 563 W 8th St, Erie, PA 16502 since 06 December 2018. This property was built in 1900. 563 W 8th 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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