$470,000
SOLD FEB 21, 2025
2 Beds
1 Bath
1,151 Sq Ft
0.26 Acres

Recently Sold

$408 Per Sq Ft

13% Below List Price

71 Days on Market

Highlights

  • No HOA
  • Cottage
  • Patio
  • Erie Elementary School Rated A
  • Eat-In Kitchen
  • 4-minute walk to Coal Creek Park

About This Home

As of February 2025

Welcome to 550 Pierce Street in Old Town Erie! This charming bungalow offers a unique opportunity in one of Erie's most desirable locations. Perfectly livable as-is or ready for your remodel or new build vision, this property is conveniently situated in an amazing location. Just a short distance to restaurants, downtown shopping, the town pool, and the sports park. Featuring 2 bedrooms and 1 bathroom, the home sits on three lots in the Old Town Residential District, which allows for the addition of an accessory dwelling unit (ADU). New roof (June 2023), Fresh paint (2022), RV parking, Alley access, Storage sheds, Newer hot water boiler and hot water heater, Washer and dryer, Bathroom with a walk-in shower and dual sinks Additionally, mineral and gas rights transfer to the new owner at closing. Don't miss this rare chance to own a property with so much potential in a hard to find location! Whether you're looking to move in, renovate, or build. Seller is offering this property in its current condition.

Last Agent to Sell the Property

Ryan Spencer

The Group Inc - Harmony Brokerage Email: rspencer@thegroupinc.com,970-221-0700 License #40031281

The Group Inc - Harmony

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1893

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Erie Elementary And Middle School
  • Erie High School

Utilities

  • Evaporated cooling system
  • Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Erie Town Subdivision

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Assessor Parcel Number R5755786

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,041

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Structure Type: House
  • Levels: One
  • Year Built: 1893
  • Above Grade Finished Sq Ft: 1151
  • Exclusions: Sellers Personal Property
  • Living Area: 1151
  • SubdivisionName: Erie Town
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.87037
  • Attribution Contact: rspencer@thegroupinc.com,970-221-0700
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Other Equipment: Satellite Dish

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Frame, Metal Siding
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Hot Water
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Erie

Lot Info

  • Parcel Number: R5755786
  • Lot Size Acres: 0.26
  • Fencing: Partial
  • Building Area Total: 1151
  • Lot Features: Level
  • Lot Size Sq Ft: 11250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2041

MLS Schools

  • Elementary School: Erie
  • High School: Erie

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $470,000 -3.1% $408 / Sq Ft
01/16/2025 01/16/25 Price Changed $485,000 -6.7% $421 / Sq Ft
12/02/2024 12/02/24 Price Changed $520,000 -3.7% $452 / Sq Ft
11/15/2024 11/15/24 For Sale $540,000 -- $469 / Sq Ft
Source: REcolorado®

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
2024 $2,041 $30,180 $11,310 $18,870
2023 $2,041 $30,480 $11,420 $19,060
2022 $1,914 $24,710 $9,380 $15,330
2021 $1,956 $25,420 $9,650 $15,770
2020 $1,528 $21,530 $7,240 $14,290
2019 $1,542 $21,530 $7,240 $14,290
2018 $890 $15,520 $3,240 $12,280
2017 $865 $15,520 $3,240 $12,280
2016 $620 $11,770 $3,360 $8,410
2015 $602 $11,770 $3,360 $8,410
2014 $407 $3,960 $1,680 $2,280
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 New Conventional
Previous Owner $40,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $470,000 None Listed On Document
Deed Of Distribution -- None Listed On Document
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Similar Homes in Erie, CO

  • 285 Holbrook St, Erie, CO 80516

    $580,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 285 Holbrook St
    • Erie, CO

    Charming bungalow in the heart of Old Town Erie! Completely remodeled in 2018, this light and bright home features two bedrooms, two baths, and an open flow from the kitchen into the living area. Landscaped front yard with sprinkler system and an oversized lot full of possibility - expand house, garage, ADU. The highlight of this home is its location-the best of Erie is within reach, including

    Dave Sutton Porchlight RE Group-Boulder

    Section Image
  • 110 Lawley Dr, Erie, CO 80516

    $449,900

    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 110 Lawley Dr
    • Erie, CO

    One of the lowest priced homes Old town Erie -4 bedroom raised ranch on large lot, add your finishing touches, updated kitchen with granite counters, new roof 3-24, newer windows and hot water heater, alley access, oversized carport, 9 x 12 shed, garden areas, 8 x 6 back deck. Close to Erie Comm Center, schools, downtown and shopping. Exclude W & D, refrigerator is negotiable. Agent is related to

    Carl Worthington RE/MAX Alliance-Boulder

    Section Image
  • 733 Turner St, Erie, CO 80516

    $385,000

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft
    • 733 Turner St
    • Erie, CO

    Cheesman Street Residences – Your Opportunity to Own in Old Town Erie!Walk Everywhere! Live in the heart of charming Old Town Erie, where local restaurants, shops, parks, and events are just steps from your front door. Convenience and community meet at Cheesman Street Residences!New Homes in Old Town! Discover fresh designs that blend seamlessly with Old Town’s historic charm. This is

    Will Story LPT Realty

    Section Image
  • 1224 Sugarloaf Ln, Erie, CO 80516

    $519,660

    • 3 Beds
    • 2.5 Baths
    • 1,438 Sq Ft
    • 1224 Sugarloaf Ln
    • Erie, CO

    Discover The Randem: Modern Living at Erie Highlands. Enjoy a first-year conventional rate of 3.99% with a 1/0 buydown (90% LTV, 4.99% note rate) and up to $4,000 toward closing costs. Includes window coverings and appliances. Restrictions apply—contact a sales counselor for details.*This stunning 3-bedroom, 2.5-bath home offers 1,438 square feet of thoughtfully designed modern living.

    Kristen White Keller Williams Trilogy

    Section Image
  • 1230 Sugarloaf Ln, Erie, CO 80516

    $583,130

    • 3 Beds
    • 2.5 Baths
    • 2,315 Sq Ft
    • 1230 Sugarloaf Ln
    • Erie, CO

    4.99% conventional buydown with a 1/0 buydown (first year 3.99%) *Based on 10% minimum down conventional* based on 90% LTV, Restrictions apply, see sales counselor for details.The Volante floorplan blends style with innovation in a home crafted for flexibility, affordability, and efficiency. This home is set on a private cul-de-sac with plenty of curb appeal featuring a multi-dimensional

    Kristen White Keller Williams Trilogy

    Section Image
  • 1213 Sugarloaf Ln, Erie, CO 80516

    $509,155

    • 3 Beds
    • 2.5 Baths
    • 1,438 Sq Ft
    • 1213 Sugarloaf Ln
    • Erie, CO

    All the Extras, Without the Extra Cost! 4.99% FHA fixed interest rate, Closing Costs, Appliances, Window Coverings, and Backyard Landscaping. Must use Nest Home Lending, Terms and Conditions apply. See sales counselor for details.This stunning 3-bedroom, 2.5-bathroom home offers 1,438 square feet of modern living with thoughtful upgrades throughout. The charming wraparound porch invites

    Kristen White Keller Williams Trilogy

    Section Image
  • 335 Tynan Dr, Erie, CO 80516

    $575,000

    • 3 Beds
    • 2.5 Baths
    • 1,776 Sq Ft
    • 335 Tynan Dr
    • Erie, CO

    Welcome to 335 Tynan Dr in Erie, where peaceful open space meets modern comfort! This beautifully maintained home offers unobstructed backyard views, creating a private and serene retreat right outside your door. Enjoy morning coffee or evening sunsets with no neighbors directly behind you—just open skies and natural beauty. Inside, the fully finished basement adds incredible versatility,

    Barney Villa Century 21 Signature Realty North, Inc.

    Section Image
  • 1124 Anker Dr, Erie, CO 80516

    $550,000

    • 3 Beds
    • 2.5 Baths
    • 1,849 Sq Ft
    • 1124 Anker Dr
    • Erie, CO

    This meticulously cared-for two-level townhome is located in a picturesque neighborhood just minutes from downtown Erie and Erie High School. Only four years old, it offers a comfortable and well-designed living space in a vibrant community setting. The main level features an open floor plan filled with natural light, a spacious den perfect for work or relaxation, and a kitchen that flows easily

    Andrea Peralta eXp Realty, LLC

    Section Image
  • 802 Eva Peak Dr, Erie, CO 80516

    $575,000

    • 3 Beds
    • 2 Baths
    • 1,579 Sq Ft
    • 802 Eva Peak Dr
    • Erie, CO

    Step into this stunning Richmond Home from the Seasons Collection in the highly sought-after Colliers Hill neighborhood—a perfect blend of modern comfort, energy efficiency, and prime location! Move-in ready and designed for effortless living, this 3-bedroom, 2-bath home features an open-concept layout that seamlessly connects the dining area, living room, and chef’s kitchen—ideal for

    Kimberly Lackey House2Home LLC

    Section Image

Source: REcolorado®

MLS Number: 7492343

REcolorado®

APN: R5755786