NOT LISTED FOR SALE
3 Beds
-- Bath
5,220 Sq Ft
9,148 Sq Ft Lot

Last Sold October 25, 2013

Last sale price $45,000 $9 Per Sq Ft

70 Days on Market

Highlights

  • 0.21 Acre Lot
  • Heating System Uses Gas
  • 4-minute walk to Wayne Park

About This Home

As of October 2013

Well Maintained & Updated Inside & Out: (2) Separate Units On One Property; A (4) Unit Apartment Building And (1)Detached Three Bedroom Bungalow; Great Cash Flow; Very Good Rental History; (1) Of The Units In The Appartment Building Is An Efficency & Rents For $285(+/-)...

Last Agent to Sell the Property

Joseph Bondi

RE/MAX Real Estate Group Erie License #RS171812L Listed on: 05/10/2013

RE/MAX Real Estate Group Erie

Last Buyer's Agent

Jessica M Jiuliante

Pennington Lines Real Estate License #RS196745L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x165x55x165

Home Design

  • 5,220 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14-010-026.0-206.00

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $704
  • Maintenance Expense $500
  • Water Sewer Expense $1,039

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: A Few Doors East Of The Bayfront Connector; South Side Of Street Across From Plaza.....
  • Lot Size Acres: 0.21
  • Co List Office Phone: (814) 833-9801
  • MLS Status: Closed
  • Architectural Style: Fourplex
  • Living Area: 5220.0
  • Year Built: 1890
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Mixed

Utilities

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

Fee Information

  • Insurance Expense: 704.0
  • Annual Water Sewer Expense: 1039.0

Lot Info

  • Parcel Number: 14-010-026.0-206.00
  • Lot Dimensions: 55x165x55x165
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-4

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Maintenance Expense: 500.0

Tax Info

  • Tax Annual Amount: 1930.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Oct 25, 2013
Sold by
Michalak Randolph W and Michalak Tracy L
Bought by
Nichols Ii Sumner E and 715 Investors
Seller's Agent
Joseph Bondi
RE/MAX Real Estate Group Erie
Buyer's Agent
Jessica M Jiuliante
Pennington Lines Real Estate
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Outstanding Balance
$47,590
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 17, 1995
Sold by
Not Provided
Bought by
Michalak Randolph W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nichols Ii Sumner E $45,000 None Available
Michalak Randolph W $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Ii Sumner E $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $45,000 -9.8% $9 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $49,900 -- $10 / 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 $1,977 $50,000 $13,600 $36,400
2024 $1,935 $50,000 $13,600 $36,400
2023 $1,879 $50,000 $13,600 $36,400
2022 $1,840 $50,000 $13,600 $36,400
2021 $1,814 $50,000 $13,600 $36,400
2020 $1,802 $50,000 $13,600 $36,400
2019 $1,708 $50,000 $13,600 $36,400
2018 $1,688 $50,000 $13,600 $36,400
2017 $1,684 $50,000 $13,600 $36,400
2016 $2,121 $50,000 $13,600 $36,400
2015 $2,108 $50,000 $13,600 $36,400
2014 $1,850 $57,100 $13,600 $43,500
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Erie Board of REALTORS®

MLS Number: 32854

Greater Erie Board of REALTORS®

APN: 14-010-026.0-206.00