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503 22nd St

Erie, PA 16503

5 bd 1,812 sqft Built 1916 Lot 3,999 sqft multi_family
Most recent sale
$42,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2024 Sold $25,000 Public Record
Mar 21, 2024 Price changed $70,000 Erie
Jan 30, 2024 Relisted $78,000 Erie
Jan 9, 2024 Listing removed Erie
Nov 10, 2023 Listed $60,000 Erie
Feb 8, 2023 Listing removed $59,800 Erie
Sep 9, 2022 Price changed $59,800 MLS #164632
Jul 21, 2022 Listed $59,900 MLS #164632
Jun 24, 2022 Sold $42,000 MLS #163585
May 26, 2022 Listed $50,000 MLS #163585

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $37,900 $5,400 $43,300 $1,769
2024 $37,900 $5,400 $43,300 $1,675
2023 $37,900 $5,400 $43,300 $1,627
2022 $37,900 $5,400 $43,300 $1,593
2021 $37,900 $5,400 $43,300 $1,571
2020 $37,900 $5,400 $43,300 $1,560
2019 $37,900 $5,400 $43,300 $1,479
2018 $37,900 $5,400 $43,300 $1,462
2017 $37,900 $5,400 $43,300 $1,458
2016 $37,900 $5,400 $43,300 $1,448
2015 $37,900 $5,400 $43,300 $1,438
2014 $37,900 $5,400 $43,300 $1,403
2013 $37,900 $5,400 $43,300 $1,496
2012 $15,960 $5,000 $20,960 $588
2011 $15,960 $5,000 $20,960 $546
2010 $15,960 $5,000 $20,960 $725
2009 $15,960 $5,000 $20,960 $712
2008 $15,960 $5,000 $20,960 $706

Property facts

Year built
1916
Property type
multi_family
Stories
Beds
5
Baths
Living area
1,812 sqft
Lot size
3,999 sqft
ZIP code
16503
City
Erie
Street
22nd St
Coordinates
42.11913, -80.06458

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$252
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 22nd St last sell?
503 22nd St most recently sold on Jun 24, 2022 for $42,000.
What is the current tax assessment for 503 22nd St?
The most recent total assessment for 503 22nd St (year 2026) is $43,300 with $1,769 in property tax.
How does 503 22nd St's assessment compare to its last sale price?
The current assessment is 3.1% above the last sale price of $42,000.
When was 503 22nd St built?
503 22nd St was built in 1916.
How does 503 22nd St compare to others on 22nd St?
We track 8 other properties on 22nd St. Browse the list under "Other properties on 22nd St" to compare beds, baths, and sale history.
What are the property facts for 503 22nd St?
503 22nd St is a 5 bed, 1,812 sqft, 3,999 sqft lot multi_family.
Is 503 22nd St a flip candidate?
No — 503 22nd St does not appear in our flips dataset.
Is 503 22nd St a tax-appeal candidate?
Yes — 503 22nd St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q2
$95.3K
2026 Q3
$99K
ZIP 16503 — Median Price History + Forecast

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