Sold for $40,000

$40,000

1611 Chestnut St, Erie, PA 16502

6beds

2baths

3,177sqft

Duplex, Multi Family, Multi Family

Built in 1887

-- sqft lot

$126,900 Zestimate^®

$13/sqft

$1,287 Estimated rent

Home value

$126,900

$90,000 - $168,000

$1,287/mo

Zestimate^® history

Owner options

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$1,287/mo

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$1,287/mo

Rent Zestimate^®

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$220/mo

Est. payment

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$220/mo

Est. payment

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What's special

Great Investment Opportunity! Spacious duplex each unit contains 3 bedrooms and 1 bathroom. Back yard can be used for parking. Needs work. Being sold as is. Motivated Seller.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air, Gas

Cooling

None

Interior area

Total structure area: 3,177
Total interior livable area: 3,177 sqft

Property

Lot

Dimensions: 39 x 130 x 0 x 0

Details

Parcel number: 16030016.0312.00
Zoning description: R-1

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family, Multi Family

Materials

Vinyl Siding
Roof: Asphalt

Condition

Resale
Year built: 1887

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Deposit fee: $3,000

Location

Region: Erie

Financial & listing details

Price per square foot: $13/sqft
Tax assessed value: $72,140
Annual tax amount: $2,334
Date on market: 10/26/2024
Cumulative days on market: 21 days
Listing terms: Conventional
Road surface type: Paved

Price history

Date	Event	Price
1/10/2025	Sold	$40,000-45.9%$13/sqft
Source: GEMLS #180557 Report a problem
11/16/2024	Pending sale	$73,900$23/sqft
Source: GEMLS #180557 Report a problem
11/11/2024	Price change	$73,900-11.9%$23/sqft
Source: GEMLS #180557 Report a problem
10/26/2024	Listed for sale	$83,900$26/sqft
Source: GEMLS #180557 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,852	$72,140
2024	$2,852 +5.2%	$72,140
2023	$2,712 +2.1%	$72,140
2022	$2,655	$72,140
2021	$2,655 +95.4%	$72,140
2020	$1,358 -35.9%	$72,140
2019	$2,121 -14.5%	$72,140
2018	$2,480 +3.3%	$72,140
2017	$2,401 +0.8%	$72,140
2016	$2,383 +18.5%	$72,140
2015	$2,011	$72,140
2014	$2,011 +465.4%	$72,140
2013	$356 -2.5%	$72,140 +19.7%
2012	$365	$60,280
2011	$365	$60,280
2010	$365 +11%	$60,280
2009	$329	$60,280
2008	--	$60,280
2005	$1,857 +116.7%	$60,280
2004	$857	$60,280
2003	--	$60,280 +609.2%
2002	--	$8,500
2000	--	$8,500