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2725 West 12th Street

2725 West 12th Street, Erie, PA 16505
Commercial in Millcreek
1 Units For Sale
Unit for sale at 2725 W 12TH Street, Erie, PA 16505

$259,000

  • Commercial
  • 1,972 ft²
2725 W 12TH Street, Erie, PA 16505 Listing by William Bucceri

2725 West 12th Street in Erie, PA was first built in 1940 and is 84 years old. This has been categorized as a commercial property type. It is a single story home. 2725 West 12th Street has 2,040 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 1,200 ft and the linear feet between the front and back of the lot is 1,520. In total, the area measurement of the land is 13,974 square feet.

Learn more about the property and building on this page. 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of concrete block. The property was last sold in Mar 22, 2019 for $129,000. That's $63.24 per sqft. 2725 West 12th Street was last assessed in 2023. The total value of the property was assessed at $90,800. Specifically, the land the property is located on was valued at $62,900. While improvements on the property were assessed at a total of $27,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,294. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Block Exterior
Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Wood
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,974
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: AVONDALE ADDITION
  • Land Acres: 0.321
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: 2725 W 12 ST 120 X 152.44 IRR

Ownership

  • Current Owner : PALMER REALTY
  • Previous Owner : GEHRLEIN JAY L
  • Previous Owner 2: GEHRLEIN RODNEY L
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 05, 2023

Neighborhood

  • School District Name: Millcreek Township School District
  • School Tax School District: MSD
  • Census Tract: 012400

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: MAP 33
  • District: 33
  • Parcel: 33-033-188.0-002.00
  • Municipality: MILLCREEK TOWNSHIP
  • Latitude: 42.1008
  • Longitude: -80.1419

    Address

  • Full Address: 2725 W 12th St
  • Address - House Number: 2725
  • Street Direction: W
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: PA
  • City Name: Erie
  • Carrier Code: C004
  • 4-Digit Zip Code: 4201
  • Zip Code: 16505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: JAY L GEHRLEIN ETAL
  • First Open Lien Mortgage Recording Date: Mar 22, 2019
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $90,800
  • Market Land Value: $62,900
  • Market Improvement Value: $27,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,800
  • Assessed Land Value: $62,900
  • Assessed Improvements Value: $27,900

    Sales

  • Current Sale Contract Date: Mar 22, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Transaction ID: 11598126647
  • Current Sale Price: $129,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019-005024

    Last Sale Mortgage

  • First Mortgage Lender: JAY L GEHRLEIN ETAL
  • First Mortgage Transaction Date: Mar 22, 2019
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Erie



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Frequently Asked Questions

What neighborhood is 2725 West 12th Street located in?
The 2725 West 12th Street is a commercial located in the neighborhood of Millcreek in Erie, Erie.
How many listings are currently for sale in 2725 West 12th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2725 West 12th Street?
The average sales price for units in 2725 West 12th Street is $259,000 , or $131/sqft. currently.

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