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1021 Powell Avenue

1021 Powell Avenue, Erie, PA 16505
Property in Millcreek
Sold Apr 20, 2023
$230,000
$204,000 by Erie Bank
Mortgage Due May 30, 2053
Sold Aug 08, 2017
$147,500
$143,050 by Howard Hanna Mortgage Services
Mortgage Due Sep 01, 2047
1021 Powell Avenue in Erie, PA was first built in 1941 and is 83 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1021 Powell Avenue has 1,660 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 830 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 10,546 square feet.

Learn more about the property and building on this page. There is a porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1021 Powell Avenue sold most recently in Apr 20, 2023 for a total of $230,000. If you work out the math, that's approximately a cost of $138.55 per sqft. Before that, the property was also sold for $147,500 in Jul 27, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,218 in taxes each year. 1021 Powell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,800. If we break it down further, the land itself was valued at $19,600. Improvements to the property, however, were assessed at a total of $68,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,546
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORTH FARM GARDENS SUB NUMBER TWO 2
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1021 POWELL AVE 83.4X126.4I

Ownership

  • Current Owner : ITALIANI JACLYN
  • Previous Owner : PATTERSON BRIAN
  • Owner Before Previous Owner: HOUCK MATTHEW L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millcreek Township School District
  • School Tax School District: MSD
  • Census Tract: 010500

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: MAP 27
  • District: 33
  • Parcel: 33-027-086.0-036.00
  • Municipality: MILLCREEK TOWNSHIP
  • Latitude: 42.0932
  • Longitude: -80.168

    Address

  • Full Address: 1021 Powell Ave
  • Address - House Number: 1021
  • Address - Street Name: Powell
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Erie
  • Carrier Code: C015
  • 4-Digit Zip Code: 3440
  • Zip Code: 16505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,218

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 67
  • Final Value: 200,813
  • High Value: 247,456
  • Low Value: 154,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: ERIE BANK
  • First Open Lien Mortgage Recording Date: May 18, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 30, 2053

    Market Valuation

  • Market Total Value: $87,800
  • Market Land Value: $19,600
  • Market Improvement Value: $68,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,800
  • Assessed Land Value: $19,600
  • Assessed Improvements Value: $68,200

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Transaction ID: 11906116820
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6005
  • Previous Sale Recording Date: Aug 08, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOWARD HANNA MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Aug 08, 2017
  • Previous Mortgage Loan Amount: $143,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Erie



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Frequently Asked Questions

What neighborhood is 1021 Powell Avenue located in?
The 1021 Powell Avenue is a located in the neighborhood of Millcreek in Erie, Erie.
What is the average sales price for listings in 1021 Powell Avenue?
The average sales price for units in 1021 Powell Avenue is $0 currently.

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