NOT LISTED FOR SALE

507 Vermont Ave Erie, PA 16505

Frontier Neighborhood

Estimated Value: $328,000 - $343,000

5 Beds
1.5 Baths
2,520 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $275,000 $109 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,381/month

15 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Patio
  • 1 Fireplace
  • Humidifier
  • Shed

About This Home

As of January 2023

Prime location in the Kahkwa Area. Hardwood floors, updated Kitchen with stainless steel appliances, built-ins in the Living and Dining rooms, French doors leading to the Den & New Windows. Exclude Living room carpet, curtains & carpet in the S/W Bedroom and Workbench in the Basement.

Last Agent to Sell the Property

Charles Weber

C.R. Weber, REALTORS License #RB028951A Listed on: 12/08/2022

Last Buyer's Agent

Charles Weber

C.R. Weber, REALTORS License #RB028951A Listed on: 12/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,586

Year Built

  • Built in 1926

Lot Details

  • 5,149 Sq Ft Lot
  • Lot Dimensions are 50x103x0x0

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Kahkwa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-041-019.0-115.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,586

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: West on West 6th Street, North on Vermont Avenue
  • Lot Size Acres: 0.1182
  • Road Surface Type: Paved
  • Co List Office Phone: (814) 453-5804
  • MLS Status: Closed
  • Subdivision Name: Kahkwa
  • Living Area: 2520.0
  • Year Built Details: Estimate
  • Year Built: 1926
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1926

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Humidifier, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Paved Driveway, Patio, Storage
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: City-Erie

Lot Info

  • Parcel Number: 17-041-019.0-115.00
  • Lot Dimensions: 50x103x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5586.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 1, 2023
Sold by
Richter Thomas P
Bought by
Mccain John K
Seller's Agent
Charles Weber
C.R. Weber, REALTORS
Buyer's Agent
Charles Weber
C.R. Weber, REALTORS
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
194
Current Estimated Value
$334,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,565
Avg. Annual Appreciation
8.49%
Original Mortgage
$219,200
Outstanding Balance
$213,446
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$122,339

Purchase Details

Closed on
Jan 20, 2022
Sold by
Richter Jr Thomas P
Bought by
Richter Thomas P and Richter Kelly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2022
Sold by
Richter Jr Thomas P
Bought by
Richter Thomas P and Richter Kelly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 30, 2018
Sold by
Formaini Michael E and Formaini Carrie J
Bought by
Richter Thomas P and Mccain Kelly G
Seller's Agent
Matt Froehlich
Coldwell Banker Select - Airport
Buyer's Agent
Carrie Knox
C.R. Weber, REALTORS
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$168,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccain John K $275,000 --
Richter Thomas P -- Select Settlement
Richter Thomas P -- Select Settlement
Richter Thomas P $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccain John K $219,200
Previous Owner Richter Thomas P $165,000
Previous Owner Richter Thomas P $165,000
Previous Owner Richter Thomas P $169,500
Previous Owner Richter Thomas P $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $275,000 -6.8% $109 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $295,000 +40.5% $117 / Sq Ft
07/30/2018 07/30/18 Sold $210,000 -2.3% $82 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $214,900 -- $84 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,334 $160,200 $34,000 $126,200
2024 $6,199 $160,200 $34,000 $126,200
2023 $6,022 $160,200 $34,000 $126,200
2022 $5,895 $160,200 $34,000 $126,200
2021 $5,813 $160,200 $34,000 $126,200
2020 $5,772 $160,200 $34,000 $126,200
2019 $5,471 $160,200 $34,000 $126,200
2018 $5,408 $160,200 $34,000 $126,200
2017 $5,396 $160,200 $34,000 $126,200
2016 $6,058 $160,200 $34,000 $126,200
2015 $6,018 $160,200 $34,000 $126,200
2014 $5,191 $160,200 $34,000 $126,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charles Weber

    C.R. Weber, REALTORS

    (814) 450-5199

    10 in this area

    42 Total Sales

    Charles Weber
    Section Image
  • Matt Froehlich

    Seller's Agent in 2018

    Matt Froehlich

    Coldwell Banker Select - Airport

    (814) 440-5299

    6 in this area

    101 Total Sales

    Matt Froehlich
    Section Image

  • C

    Buyer's Agent in 2018

    Carrie Knox

    C.R. Weber, REALTORS

See All Agents

Map

Source: Greater Erie Board of REALTORS®

MLS Number: 166454

Greater Erie Board of REALTORS®

APN: 17-041-019.0-115.00

Pennsylvania Erie County Erie 16505 Frontier

507 Vermont Ave, Erie, PA

This home is located at 507 Vermont Ave, Erie, PA 16505 since 08 December 2022 and is currently estimated at $334,565, approximately $132 per square foot. This property was built in 1926. 507 Vermont Ave is a home located in Erie County with nearby schools including Harding Elementary School, Strong Vincent Middle School, and Erie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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