Sold
Last Sold Price
2 beds2 baths1,632 sqft
505 Reed St, Erie, PA 16507
Multi FamilyProperty Type
0.03 acresLot Size
1900Year Built
$5/sq ftPrice per sq ft

Description

Income/Expenses Projected. See Listing Agent For Addendums.Income/Expenses Projected. See Listing Agent For Addendums.
  • Listed by: Jeff Stephenson 814.452.2100 • Coldwell Banker Select - West 8Th
Listing closed: 09/12/2007 12:00 AM • Source: Greater Erie Board of REALTORS, MLS#: 85045

Location

Listing Courtesy of Coldwell Banker Select - West 8Th

Sold By Homeland Real Estate

Add your commute

Payment Calculator

$88 per month

30 year fixed, 6.71% Interest

Principal and Interest

$41

Property Taxes

$47

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 505 Reed Street

Property Details
  • Taxes: $559 / 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: 1900
  • Lot Size: 0.03 AC / 1,306 SF
Summary
Location and General Information
  • Directions: 5Th Street East To Reed. South To 505.
  • Latitude: 42.135937
  • Longitude: -80.070198
  • MLS Area Major: 1 - Erie Northeast
Taxes and HOA
  • Parcel Number: 14-010-023.0-125.00
  • Tax Annual Amount: $559.00
  • Tax Assessed Value: $16,720
  • Tax Year: 2007
Property
Lot Information
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Dimensions: 30x38x0x0
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Total: 1632.0
  • Living Area: 1632.0
  • Year Built: 1900
Building Features
  • Construction Materials: Mixed
  • 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: $8,400.00
  • Insurance Expense: $400.00
  • Maintenance Expense: $500.00
  • Manager Expense: $100.00
  • Net Operating Income: $5,040.00
  • Professional Management Expense: $100.00
  • Water Sewer Expense: $600.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
Unit 2
  • Total Bathrooms: 1
Rental
Rent Information
  • Security Deposit: $1,000.00

Property History for 505 Reed Street

DateEvent & SourcePriceAppreciation
Sep 12, 2007

Sold

Greater Erie Board of REALTORS #85045

$8,000
Aug 29, 2007

Sold (Public Record)

Public Record #226557916

$8,000

-27.1% / yr

Aug 21, 2007

Pending

Greater Erie Board of REALTORS #85045

DateEvent & SourcePrice
09/12/2007

Sold

Greater Erie Board of REALTORS #85045

$8,000
08/29/2007

Sold (Public Record)

Public Record #226557916

$8,000

-27.1% / yr

08/21/2007

Pending

Greater Erie Board of REALTORS #85045

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

Public Records for 505 Reed Street

Taxable ValueLand$5,600Additions$25,800Total$31,400
Tax Record2026$1,283 ($107 / month)
Home Facts
Baths2Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories2Lot Size1,141 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1900ZoningR2CountyERIEAPN14-010-023.0-125.00

Schools near 505 Reed Street

This home is within Erie City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pfeiffer-Burleigh El School
PublicPK to 5

East Middle School
Public6 to 8

Erie High School
Public9 to 12

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.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Select - West 8Th

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.