NOT LISTED FOR SALE
6 Beds
2 Baths
1,744 Sq Ft
6,299 Sq Ft Lot

Sale Details

Date Sold: February 21, 2025

Last sale price $49,900 $29 Per Sq Ft

9 Days on Market

About This Home

As of February 2025

Exciting opportunity to build equity in this spacious duplex. The building had a fire and the second floor has been remodeled and rented with a good paying tenant. The first floor apartment is all cleaned out and framed up, ready to make it however you want. Could be a great owner-occupied property or investment to add to your portfolio. There is an 8k final draw held in escrow by the insurance company until the downstairs unit is finished being renovated; rights to this will be transferred to the buyer at closing. Don't miss out on this potential cash cow!

Last Agent to Sell the Property

Brandon Penn

RE/MAX Lakeland Realty - Erie Brokerage Phone: (814) 833-9500 License #RS324868 Listed on: 01/14/2025

RE/MAX Lakeland Realty - Erie

Last Buyer's Agent

Jennifer Purpura

Agresti Real Estate License #AB068113

Agresti Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 40x158x0x0

Home Design

  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 1,744 Sq Ft Home
  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14-010-023.0-222.00

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $500
  • Maintenance Expense $4,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

6,299 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: Between reed and wayne street on east 5th st on the north side of the street.
  • Lot Size Acres: 0.1446
  • Road Surface Type: Paved
  • Attribution Contact: (814) 833-9500
  • Co List Office Phone: (814) 833-9500
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 1744.0
  • Year Built: 1887
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding

Utilities

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

Fee Information

  • Insurance Expense: 500.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 14-010-023.0-222.00
  • Lot Dimensions: 40x158x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Maintenance Expense: 4200.0

Tax Info

  • Tax Annual Amount: 1526.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 26, 2025
Sold by
Bought by
Seller's Agent
Brandon Penn
RE/MAX Lakeland Realty - Erie
Buyer's Agent
Jennifer Purpura
Agresti Real Estate
List Price
$49,900
Sold Price
$49,900
Views
28

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$49,900 None Listed On Document
$38,285 None Available
$52,000 --
$5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $45,780
Previous Owner $46,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $49,900 0.0% $29 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $49,900 -- $29 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,557 $38,100 $7,700 $30,400
2025 $1,506 $38,100 $7,700 $30,400
2024 $1,474 $38,100 $7,700 $30,400
2023 $1,432 $38,100 $7,700 $30,400
2022 $1,402 $38,100 $7,700 $30,400
2021 $1,382 $38,100 $7,700 $30,400
2020 $1,373 $38,100 $7,700 $30,400
2019 $1,301 $38,100 $7,700 $30,400
2018 $1,286 $38,100 $7,700 $30,400
2017 $1,283 $38,100 $7,700 $30,400
2016 $1,441 $38,100 $7,700 $30,400
2015 $1,431 $38,100 $7,700 $30,400
2014 $1,235 $38,100 $7,700 $30,400
Source: Public Records

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 181283

Greater Erie Board of REALTORS®

APN: 14-010-023.0-222.00

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