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Off market
  • $181,900

    506 Euclid Ave, Erie, PA 16511

    3beds
    1baths
    1,566sqft
    SingleFamily
    Built in 1931
    5,793 Square Feet Lot
    $181,900 Zestimate®
    $116/sqft
    $1,754 Estimated rent

    Home value

    $181,900

    $166,000 - $198,000

    $1,754/mo

    Zestimate® history
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    $1,754/mo

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    Rent Zestimate®

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    $1,292/mo

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    $1,292/mo

    Est. payment

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    What's special

    LEASE OPTION! RENT FOR A WHILE UNTIL YOU BUY IT!---Call 814-88-1116 COMPLETELY REFURBISHED IN 2013. BE THE FIRST TO LIVE HERE! 506 Euclid Ave., Erie (1 block west of Ricardo's Restaurant near GE). Rent this beautiful home for a "below market" $825 a month until you exercise your option and buy for just $94,900!! This is an EXCEPTIONAL home in southwest Erie.THIS IS AN AWESOME HOME FOR THE BUYER WHO NEEDS TO WAIT AWHILE UNTIL THEY GET THEIR MORTGAGE! This is an EXCEPTIONAL home in one of the finest east side Erie neighborhoods.Beautifully refurbished 3 bedroom/1 bath home with central air conditioning in a convenient & desirable Erie neighborhood. 1566 sf on a 43' X 135' level lot with a partially fenced back yard and a detached single car garage with an electric opener. The first floor has 2 bedrooms 10' X 14' and 10' X 12' with a 9' closet for the back bedroom and a 4' deep closet for the front bedroom. The bath is all new with a tub/shower enclosure, vanity, medicine cabinet and linen closet plus classy towel bars.You can look from the 13' X 20' living room with ornamental fireplace through the 13' X 12' dining room (both rooms with natural woodwork) into the 10' X 12' completely remodeled kitchen. Step down from the kitchen into a 15' X 8' family room addition.The second floor has a 14' X 16' bedroom with an 8' closet plus a large finished landing at the top of the stairs. There is also a partially finished workbench area off the landing and lots of unfinished walkable attic area.The basement has been completely redone and has a laundry area with a utility sink plus updated 100 amp serviceBuilt in the 30's, but here's what's BRAND NEW: Complete new interior paint (all exposed exterior painted areas also repainted)New roof on the main house and on the garage.Rear entry doorVinyl windows with low E energy saving glassGlass block basement windows Kitchen cabinets (maple with dovetail drawers), countertops, sink & faucet, disposal, dishwasher, microwave (the original ironing board closet is now a pantry ) (a "like new" reconditioned gas stove is included) Carpet in living room, bedrooms, hall, stairs and 2nd floor landingFiberglass backed vinyl flooring in kitchen, bath, family room and dining room (wood look in kitchen & dining room and tile look in bath & family room)All interior doors & hardware All interior lighting and ceiling fansBath vanity, sink top, faucets, fan, toilet, medicine cabinet, free standing linen closet and fiberglass tub/shower (bath cabinetry matches kitchen maple cabinetry)Gas hot water tankAuxiliary electric baseboard heat for second floor bedroomEVERYTHING LISTED ABOVE IS BRAND NEW!!! IT'S LIKE A BRAND NEW HOUSE!!!Vinyl siding is about 10 years oldLandscaping has been updatedForced air gas furnace (not brand new but about 10 years old) (is high efficiency type with central air)Is on city water & sewerTaxes $2310With a small down payment, you would have the OPTION (but not the obligation) to buy this house whenever you're ready anytime in the future 24 months after your move-in at the current value of just $94,900! In the meantime, you would have a LEASE payment at a preferred rate of just $825.00 per month (plus gas, electric, water, sewer & trash). While you're renting we pay the taxes and insurance. CALL 814-868-1116 FOR AN APPOINTMENT.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 1,566 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Other
    Lot
    • Size: 5,793 Square Feet
    Details
    • Parcel number: 14011022020400

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Erie

    Financial & listing details

    • Price per square foot: $116/sqft
    • Tax assessed value: $66,900
    • Annual tax amount: $2,645

    Price history

    DateEventPrice
    11/20/2013Sold$94,900$61/sqft
    Source: Public Record Report a problem
    10/8/2013Listing removed$825$1/sqft
    Source: Postlets Report a problem
    9/24/2013Listed for rent$825$1/sqft
    Source: Postlets Report a problem
    9/2/2013Price change$94,900-2.7%$61/sqft
    Source: Owner Report a problem
    8/7/2013Price change$97,500-7.1%$62/sqft
    Source: Owner Report a problem
    6/21/2013Price change$104,900-4.5%$67/sqft
    Source: Howard Hanna - Erie South #33059 Report a problem
    4/19/2013Listed for sale$109,900+131.4%$70/sqft
    Source: Howard Hanna - Erie South #33059 Report a problem
    1/25/2013Sold$47,500-20.7%$30/sqft
    Source: GEMLS #28703 Report a problem
    12/12/2012Price change$59,900-7.7%$38/sqft
    Source: Homepath #28703 Report a problem
    10/31/2012Price change$64,900-15.7%$41/sqft
    Source: Homepath #28703 Report a problem
    9/19/2012Price change$77,000+1346.6%$49/sqft
    Source: Homepath Report a problem
    9/11/2012Listed for sale--
    Source: Homepath Report a problem
    2/28/2012Sold$5,323-91.1%$3/sqft
    Source: Public Record Report a problem
    11/20/2002Sold$60,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,645 $66,900
    2024$2,645 +5.2%$66,900
    2023$2,515 +2.1%$66,900
    2022$2,462 $66,900
    2021$2,462 +95.4%$66,900
    2020$1,260 -35.1%$66,900
    2019$1,942 -14.7%$66,900
    2018$2,275 +3.3%$66,900
    2017$2,203 +0.8%$66,900
    2016$2,186 +18.8%$66,900
    2015$1,841 $66,900
    2014$1,841 +458.1%$66,900
    2013$330 +0.2%$66,900 +22.9%
    2012$329 $54,430
    2011$329 $54,430
    2010$329 +11%$54,430
    2009$297 $54,430
    2008-- $54,430
    2005$1,677 +147.7%$54,430
    2004$677 $54,430
    2003-- $54,430 +428.4%
    2002-- $10,300
    2000-- $10,300
    Find assessor info on the county website

    Neighborhood: 16511

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: City-Erie

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $181,900
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    $185,538