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437 East 2nd Street

437 East 2nd Street, Erie, PA 16507
Property in East Bayfront
Sold Jul 28, 2006
$26,000
$25,220 by Marquette Savings Bank
Mortgage Due Aug 01, 2036
Sold Feb 25, 1960
$4,800
437 East 2nd Street 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 1900 and is 124 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 437 East 2nd Street has 1,460 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 1,590 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 5,249 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 carport for those who require parking. According to our sources, there is one available parking space. The exterior walls of the building are made of a material which is produced from two or more constituent materials. 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, 437 East 2nd Street sold most recently in Jul 28, 2006 for a total of $26,000. If you work out the math, that's approximately a cost of $17.81 per sqft. Before that, the property was also sold for $4,800 in Feb 25, 1960. 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 $1,079 in taxes each year. 437 East 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,700. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $21,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Traditional
  • Exterior Walls Type: Composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,460
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 437 E 2 ST 33 X 159

Ownership

  • Current Owner : SANTOS CARMEN ELISA
  • Current Owner 2: ALABOUDI AYAD AMAR
  • Previous Owner : JANIS NANETTE M
  • Owner Before Previous Owner: NOT PROVIDED
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Erie City School District
  • School Tax School District: ESD
  • Census Tract: 000400

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 10
  • District: 14
  • Parcel: 14-010-015.0-213.00
  • Municipality: CITY OF ERIE
  • Latitude: 42.1369
  • Longitude: -80.0777

    Address

  • Full Address: 437 E 2nd St
  • Address - House Number: 437
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Erie
  • Carrier Code: C017
  • 4-Digit Zip Code: 1628
  • Zip Code: 16507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 63
  • Final Value: 52,026
  • High Value: 65,340
  • Low Value: 38,712

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $33,555
  • First Open Lien Mortgage Lender: MARQUETTE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2006
  • First Open Lien Mortgage Loan Amount: $25,220
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036
  • Second Open Lien Mortgage Lender: ERIE REDEVELOPMENT AUTHORITY
  • Second Open Lien Mortgage Recording Date: Oct 23, 2008
  • Second Open Lien Mortgage Loan Amount: $8,335
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $28,700
  • Market Land Value: $7,500
  • Market Improvement Value: $21,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,700
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $21,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2006
  • Current Sale Recording Date: Jul 28, 2006
  • Current Sale Transaction ID: 11447282331
  • Current Sale Price: $26,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 023627
  • Previous Sale Recording Date: Feb 25, 1960
  • Previous Sale Contract Date: Feb 25, 1960
  • Previous Sale Amount: $4,800
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE SAVINGS BANK
  • First Mortgage Transaction Date: Jul 28, 2006
  • First Mortgage Loan Amount: $25,220
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2036

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Frequently Asked Questions

What neighborhood is 437 East 2nd Street located in?
The 437 East 2nd Street is a located in the neighborhood of East Bayfront in East Erie, Erie.
What is the average sales price for listings in 437 East 2nd Street?
The average sales price for units in 437 East 2nd Street is $0 currently.

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