Introducing a charming and lucrative investment opportunity, this Ranch style home is the perfect choice for those seeking an attractive rental property. The main floor presents a spacious living area providing a comfortable space for relaxation and entertainment. The bedrooms are generously sized, offering comfort and privacy, and are complemented by ample closet space. In terms of location, this Ranch style home benefits from its proximity to key amenities, such as schools, shopping centers, parks, and public transportation, making it an attractive option for a wide range of tenants. In summary, this Ranch style investment rental property presents a fantastic opportunity to capitalize on the ever-growing real estate market. Don't miss out on this excellent investment prospect! This is an investment property with tenant occupancy through 5/20/2024.
Sold for $137,500
$137,500
3617 Wallace St, Erie, PA 16504
3beds
2baths
1,080sqft
Multi Family
Built in 1959
-- sqft lot
$170,200 Zestimate®
$127/sqft
$1,265 Estimated rent
Home value
$170,200
$160,000 - $182,000
$1,265/mo
Zestimate® history
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$966/mo
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List your homeWhat's special
Ranch style homeShopping centers
Zillow last checked:
Listing updated:
Listed by:
Jamie Learn (814)866-8840,
Marsha Marsh RES Peach
Bought with:
Jason Monn, RS367534
Agresti Real Estate
Source: GEMLS,MLS#: 170997Originating MLS: Greater Erie Board Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,501 Square Feet
- Dimensions: 75 x 100 x 0 x 0
- Features: Landscaped, Level
Details
- Parcel number: 18053073.0211.00
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Deposit fee: $5,000
Location
- Region: Erie
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $77,900
- Annual tax amount: $2,963
- Date on market: 9/7/2023
- Cumulative days on market: 196 days
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2024 | Sold | $137,500-4.2%$127/sqft |
Source: GEMLS #170997 Report a problem | ||
| 3/21/2024 | Pending sale | $143,500$133/sqft |
Source: GEMLS #170997 Report a problem | ||
| 2/26/2024 | Price change | $143,500-1.7%$133/sqft |
Source: GEMLS #172347 Report a problem | ||
| 9/7/2023 | Listed for sale | $146,000+100%$135/sqft |
Source: GEMLS #170997 Report a problem | ||
| 4/13/2007 | Sold | $73,000+38%$68/sqft |
Source: GEMLS #85359 Report a problem | ||
| 10/25/1999 | Sold | $52,900$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,080 | $77,900 |
| 2024 | $3,080 +5.2% | $77,900 |
| 2023 | $2,928 +2.1% | $77,900 |
| 2022 | $2,867 | $77,900 |
| 2021 | $2,867 +95.4% | $77,900 |
| 2020 | $1,467 -44.9% | $77,900 |
| 2019 | $2,660 -12.8% | $77,900 |
| 2018 | $3,051 +3.6% | $77,900 |
| 2017 | $2,946 +0.7% | $77,900 |
| 2016 | $2,926 +15.9% | $77,900 |
| 2015 | $2,524 | $77,900 |
| 2014 | $2,524 +557.3% | $77,900 |
| 2013 | $384 -13.3% | $77,900 +6.4% |
| 2012 | $443 | $73,200 |
| 2011 | $443 | $73,200 |
| 2010 | $443 +11% | $73,200 |
| 2009 | $399 | $73,200 |
| 2008 | -- | $73,200 |
| 2005 | $2,255 +783.7% | $73,200 |
| 2004 | $255 | $73,200 |
| 2003 | -- | $73,200 +322.1% |
| 2002 | -- | $17,340 |
| 2000 | -- | $17,340 |
Find assessor info on the county website
Neighborhood: 16504
Nearby homes
- $189,7003 bd1 ba1k sqft3611 Wallace St, Erie, PA 16504Off Market
- $168,5003 bd1 ba1k sqft514 E 37th St, Erie, PA 16504Off Market
- $170,2003 bd1 ba1.1k sqft462 E 37th St, Erie, PA 16504Off Market
- $204,4003 bd1 ba1.2k sqft520 E 37th St, Erie, PA 16504Off Market
- $225,0004 bd2 ba1k sqft3603 Wallace St, Erie, PA 16504Sold
- $189,7003 bd2 ba1.4k sqft3701 Wallace St, Erie, PA 16504Off Market
- $177,4003 bd1 ba1.1k sqft507 E 37th St, Erie, PA 16504Off Market
- $231,4004 bd1 ba2.1k sqft517 E 36th St, Erie, PA 16504Off Market
Nearby schools
GreatSchools rating
- 4/10Lincoln El SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Wilson Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Erie High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: City-Erie
Source: GEMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$170,200
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- Pennsylvania
- Erie County
- Erie
- 16504
- 3617 Wallace St
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