401 Reed Street

Closed 11/18/09

Sold

Last Sold Price

$14,000

2 beds2 baths1,915 sqft

401 Reed St, Erie, PA 16507

Multi FamilyProperty Type

0.06 acresLot Size

1936Year Built

$7/sq ftPrice per sq ft

1 carParking Spaces

Description

Investment Porperty, Spacious Rooms. Buyer To Pay Both Real Estate Transfer Taxes. See Broker For Investor Restrictions And Addendums. This Is A Fannie Mae Homepath Property. Purchase This Property For As Little As 3% Down. This Property Is Approved For Homepath Renovation Mortgage Financing.Investment Porperty, Spacious Rooms. Buyer To Pay Both Real Estate Transfer Taxes. See Broker For Investor Restrictions And Addendums. This Is A Fannie Mae Homepath Property. Purchase This Property For As Little As 3% Down. This Property Is Approved For Homepath Renovation Mortgage Financing.

Listed by: Brett C. Hammel 814.528.6865 hammelhome@aol.com • Hammel-Hagmann, Realtors

Listing closed: 11/18/2009 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 11810

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Location

Listing Courtesy of Hammel-Hagmann, Realtors

Sold By Coldwell Banker Select - West 8Th

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$148 per month

30 year fixed, 7.03% Interest

Principal and Interest

$75

Property Taxes

$73

HOA Dues

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Property Information for 401 Reed Street

Property Details

Taxes: $876 / year
MLS Type: Residential Income / Multi Family
County: Erie County
Architectural Style: Two Story
Zoning Description: R-2

Building Information

Stories: 2
Residences: 2
Year Built: 1936
Lot Size: 0.06 AC / 2,613 SF

Summary

Location and General Information

Directions: Southeast Corner Of East 4Th Street And Reed Street
Latitude: 42.137079

Longitude: -80.070851
MLS Area Major: 1 - Erie Northeast

Taxes and HOA

Parcel Number: 14-010-023.0-090.00
Tax Annual Amount: $876.00

Tax Assessed Value: $25,800
Tax Year: 2009

Parking

Parking Total: 1.0

Property

Lot Information

Lot Size Acres: 0.06
Lot Size Area: 0.06

Lot Size Dimensions: 31x90x0x0
Lot Size Units: Acres

Property and Assessments

Building Area Total: 1915.0
Living Area: 1915.0

Year Built: 1936

Building Features

Construction Materials: Asphalt
Levels: Two

Utilities

Sewer: Public Sewer
Water Source: Public

Interior and Exterior Features

Interior Features

Total Bedrooms: 2
Cooling: None

Has Cooling: No
Heating: Forced Air, Gas
Has Heating: Yes

Exterior Features

Roof: Composition
Stories: 2

Multi Family

Multi Family Information

Number of Units In Community: 2
Total Number of Units: 2

Income & Expenses

Gross Income: $9,000.00
Insurance Expense: $500.00

Net Operating Income: $7,623.00

Unit Information

Unit 1

Total Bathrooms: 1
Total Bedrooms: 3

Unit 2

Total Bathrooms: 1

Rental

Rent Information

Security Deposit: $1,690.00

Property History for 401 Reed Street

Date	Event & Source	Price	Appreciation
Nov 18, 2009	Sold Greater Erie Board of REALTORS #11810	$14,000	—
Oct 28, 2009	Pending Greater Erie Board of REALTORS #11810		—
Oct 6, 2009	Listed (Active) Greater Erie Board of REALTORS #11810	$16,900	—

Date	Event & Source	Price
11/18/2009	Sold Greater Erie Board of REALTORS #11810	$14,000
10/28/2009	Pending Greater Erie Board of REALTORS #11810	—
10/06/2009	Listed (Active) Greater Erie Board of REALTORS #11810	$16,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

401 Reed Street

Baths

Total Finished SqFt

1,936 SqFt

Above Grade Finished SqFt

1,936 SqFt

Stories

Lot Size

2,788 SqFt

Style

Multi-Family Dwelling (2-4)

Schools near 401 Reed Street

This home is within Erie City School District.


Rating	School	Type	Grades	Distance
3/10	Pfeiffer-Burleigh El School	Public - Serves this home	PK to 5	0.8 mi
3/10	East Middle School	Public - Serves this home	6 to 8	0.6 mi
1/10	Erie High School	Public - Serves this home	9 to 12	2.5 mi
8/10	Northwest Pennsylvania Collegiate Academy	Public - Nearby school	9 to 12	1.9 mi
NR	DR Gertrude a Barber Center Inc	Private - Nearby school	PK to 12	0.3 mi
NR	Sarah A Reed Children's Center	Private - Nearby school	PK to 3	0.6 mi
NR	Holy Family School	Private - Nearby school	PK to 8	0.7 mi


Rating	School	Distance
3/10	Pfeiffer-Burleigh El School PublicPK to 5 Serves this home	0.8 mi
3/10	East Middle School Public6 to 8 Serves this home	0.6 mi
1/10	Erie High School Public9 to 12 Serves this home	2.5 mi
8/10	Northwest Pennsylvania Collegiate Academy Public9 to 12 Nearby school	1.9 mi
NR	DR Gertrude a Barber Center Inc PrivatePK to 12 Nearby school	0.3 mi
NR	Sarah A Reed Children's Center PrivatePK to 3 Nearby school	0.6 mi
NR	Holy Family School PrivatePK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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