Check Availability

318 Sanford Place

318 Sanford Place, Erie, PA 16511
Property in Lakeside
Sold Jun 17, 2019
$86,950
$84,341 by Movement Mortgage
Mortgage Due Jul 01, 2049
Sold Jul 24, 2017
$62,000
318 Sanford Place has been categorized by the local assessors in Erie, PA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 318 Sanford Place has 1,356 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 720 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 2,914 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 318 Sanford Place sold most recently in Jun 13, 2019 for a total of $86,950. If you work out the math, that's approximately a cost of $64.12 per sqft. Before that, the property was also sold for $62,000 in Jul 24, 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 $2,469 in taxes each year. 318 Sanford Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,680. If we break it down further, the land itself was valued at $11,400. Improvements to the property, however, were assessed at a total of $54,280. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1926
  • Effective Year Built: 1926
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,914
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,356
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 318 SANFORD PLACE 40 X 72.75

Ownership

  • Current Owner : BLISS REBECCA
  • Previous Owner : PETERSON MICHAEL
  • Owner Before Previous Owner: CHESLEY WILLIAM M
  • Owner Before Previous Owner 2: THE ESTATE OF JUSTIN A CHESLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Erie City School District
  • School Tax School District: ESD
  • Census Tract: 000600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 11
  • District: 14
  • Parcel: 14-011-018.0-102.00
  • Municipality: CITY OF ERIE
  • Latitude: 42.1476
  • Longitude: -80.0436

    Address

  • Full Address: 318 Sanford Pl
  • Address - House Number: 318
  • Address - Street Name: Sanford
  • Address - Suffix Type: Pl
  • State: PA
  • City Name: Erie
  • Carrier Code: C001
  • 4-Digit Zip Code: 1058
  • Zip Code: 16511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,469

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 53
  • Final Value: 101,317
  • High Value: 125,053
  • Low Value: 77,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,341
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 17, 2019
  • First Open Lien Mortgage Loan Amount: $84,341
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $65,680
  • Market Land Value: $11,400
  • Market Improvement Value: $54,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,680
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $54,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 17, 2019
  • Current Sale Transaction ID: 11625526040
  • Current Sale Price: $86,950
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019-011258
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jun 17, 2019
  • First Mortgage Loan Amount: $84,341
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About East Erie



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 658-60 E 7th Street, Erie, PA, 16501

$850 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
658-60 E 7th Street, Erie, PA, 16501 Listing by Paul Nick

Frequently Asked Questions

What neighborhood is 318 Sanford Place located in?
The 318 Sanford Place is a located in the neighborhood of Lakeside in East Erie, Erie.
What is the average sales price for listings in 318 Sanford Place?
The average sales price for units in 318 Sanford Place is $0 currently.

Quantcast