NOT LISTED FOR SALE

7260 Cherry Street Extension Erie, PA 16509

Estimated Value: $153,211

0.6 Acre
$255,352 Price per Acre
26,136 Sq Ft Lot

Last Sold April 13, 2023

Last sale price $69,900 $3 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $911/month

341 Days on Market

About This Lot

As of April 2023

Rustic Ridge Subdivision, a 23 acre wooded/rolling site with 6 residential lots. Perfect setting and convenient location for the home of your dreams. All utilities to the site, water and sewer hookups (laterals on each lot. Restrictions apply. Lots are a part of 40-005-019.0-062.00. Taxes and assessment on total parcel.

Last Agent to Sell the Property

Dennis Porto

Palermo Realty License #RM421040 Listed on: 11/11/2021

Last Buyer's Agent

Dennis Porto

Palermo Realty License #RM421040 Listed on: 11/11/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $394

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 110x225x0x0

Interior Spaces

  • 24,750 Sq Ft Home

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 40-005-019.0-062.00

Property Details

Property Type

Land

Est. Annual Taxes

$394

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Directions: Robison Road to North on Cherry St. Ext. Site on West side of Road
  • Current Use: Vacant
  • Lot Size Acres: 0.6
  • Co List Office Phone: (814) 835-6757
  • MLS Status: Closed
  • Living Area: 24750.0
  • Tax Year: 2021
  • Property Sub Type Additional: Residential
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Fort LeBoeuf

Lot Info

  • Parcel Number: 40-005-019.0-062.00
  • Lot Dimensions: 110x225x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 394.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 14, 2022
Sold by
Cacchione Philip M and Cacchione Beth A
Bought by
Cacchione Philip M and Cacchione Beth A
Seller's Agent
Dennis Porto
Palermo Realty
Buyer's Agent
Dennis Porto
Palermo Realty
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%
Current Estimated Value
$153,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,311
Avg. Annual Appreciation
35.50%

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 2, 2022
Sold by
Palermo Vincent A
Bought by
Cacchione Philip M and Cacchione Beth A
Seller's Agent
Dennis Porto
Palermo Realty
Buyer's Agent
Dennis Porto
Palermo Realty
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%
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 Buyer Sale Price Title Company
Cacchione Philip M -- --
Cacchione Philip M $129,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $69,900 +7.7% $3 / Sq Ft
12/02/2022 12/02/22 Sold $64,900 0.0% $3 / Sq Ft
12/02/2022 12/02/22 Sold $64,900 -7.2% $3 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/18/2022 10/18/22 Pending -- -- --
10/09/2022 10/09/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $69,900 0.0% $3 / Sq Ft
11/11/2021 11/11/21 For Sale $69,900 0.0% $3 / Sq Ft
10/25/2021 10/25/21 For Sale $69,900 -- $3 / 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 $923 $42,100 $42,100 $0
2024 $886 $42,100 $42,100 $0
2023 $1,619 $81,400 $81,400 $0
2022 $1,576 $81,400 $81,400 $0
2021 $1,538 $81,400 $81,400 $0
2020 $246 $81,400 $81,400 $0
2019 $246 $81,400 $81,400 $0
2018 $242 $81,400 $81,400 $0
2017 $237 $13,200 $13,200 $0
2016 $295 $13,200 $13,200 $0
2015 $291 $13,200 $13,200 $0
2014 $138 $13,200 $13,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dennis Porto

    Palermo Realty

    (814) 434-1145

    16 in this area

    46 Total Sales

    Dennis Porto
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 160702

Greater Erie Board of REALTORS®

APN: 40-005-019.0-062.00

Pennsylvania Erie County Erie 16509

7260 Cherry Street Extension, Erie, PA

This home is located at 7260 Cherry Street Extension, Erie, PA 16509 since 11 November 2021 and is currently estimated at $153,211, approximately $6 per square foot. 7260 Cherry Street Extension is a home located in Erie County with nearby schools including Fort Leboeuf Middle School, Fort Leboeuf Senior High School, and St George Grade 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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