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216 3rd St

Erie, PA 16507

5 bd 2 ba 2,000 sqft Built 1882 Lot 2,888 sqft single_family
Most recent sale
$86,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $86,000 MLS #163025
May 19, 2022 Price changed $99,999 MLS #163025
May 10, 2022 Price changed $113,333 MLS #163025
Apr 28, 2022 Listed $118,888 MLS #163025
Feb 3, 2022 Sold $28,000 MLS #160656
Jan 20, 2022 Price changed $44,900 MLS #160656
Nov 15, 2021 Price changed $54,900 MLS #160656
Oct 22, 2021 Listed $69,900 MLS #160656
Feb 13, 2021 Listing removed $55,000 Erie
Jul 18, 2019 Listing removed $54,900 Erie
Oct 17, 2018 Price changed $54,900 MLS #131879
Sep 14, 2018 Listed $60,000 MLS #131879

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $20,600 $6,400 $27,000 $1,103
2024 $20,600 $6,400 $27,000 $1,044
2023 $20,600 $6,400 $27,000 $1,014
2022 $20,600 $6,400 $27,000 $993
2021 $20,600 $6,400 $27,000 $980
2020 $20,600 $6,400 $27,000 $973
2019 $20,600 $6,400 $27,000 $922
2018 $20,600 $6,400 $27,000 $911
2017 $20,600 $6,400 $27,000 $909
2016 $20,600 $6,400 $27,000 $903
2015 $20,600 $6,400 $27,000 $896
2014 $20,600 $6,400 $27,000 $875
2013 $20,600 $6,400 $27,000 $933
2012 $15,200 $6,100 $21,300 $787
2011 $15,200 $6,100 $21,300 $736
2010 $15,200 $6,100 $21,300 $736
2009 $15,200 $6,100 $21,300 $724
2008 $15,200 $6,100 $21,300 $718

Property facts

Year built
1882
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,000 sqft
Lot size
2,888 sqft
ZIP code
16507
City
Erie
Street
3rd St
Coordinates
42.13415, -80.08298

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$516
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 216 3rd St last sell?
216 3rd St most recently sold on Jul 6, 2022 for $86,000.
What is the current tax assessment for 216 3rd St?
The most recent total assessment for 216 3rd St (year 2026) is $27,000 with $1,103 in property tax.
How does 216 3rd St's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $86,000.
When was 216 3rd St built?
216 3rd St was built in 1882.
How does 216 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 216 3rd St?
216 3rd St is a 5 bed, 2 bath, 2,000 sqft, 2,888 sqft lot single_family.
Is 216 3rd St a flip candidate?
Yes — 216 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 216 3rd St a tax-appeal candidate?
No — 216 3rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-10.9%
Implied 1-yr
-43.7%
2026 Q1
$62.2K
2026 Q2
$59.9K
ZIP 16507 — Median Price History + Forecast

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