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1148 40th St

Erie, PA 16509

2 bd 1 ba 720 sqft Built 1951 Lot 6,347 sqft single_family
Most recent sale
$125,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2026 Listed $169,900 Erie
Jun 30, 2022 Sold $125,000 MLS #163519
May 24, 2022 Listed $119,000 MLS #1556209
Dec 18, 2017 Sold $82,000 MLS #115651
Oct 3, 2017 Listed $84,900 MLS #115651
Oct 30, 2013 Listing removed $90,900 Erie
Aug 15, 2013 Listed $90,900 MLS #34003
May 1, 2001 Sold $48,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $45,260 $27,300 $72,560 $2,965
2024 $45,260 $27,300 $72,560 $2,807
2023 $45,260 $27,300 $72,560 $2,727
2022 $45,260 $27,300 $72,560 $2,670
2021 $45,260 $27,300 $72,560 $2,633
2020 $45,260 $27,300 $72,560 $2,615
2019 $45,260 $27,300 $72,560 $2,478
2018 $45,260 $27,300 $72,560 $2,449
2017 $45,260 $27,300 $72,560 $2,444
2016 $45,260 $27,300 $72,560 $2,426
2015 $45,260 $27,300 $72,560 $2,409
2014 $45,260 $27,300 $72,560 $2,351
2013 $45,260 $27,300 $72,560 $2,506
2012 $22,430 $23,300 $45,730 $1,357
2011 $22,430 $23,300 $45,730 $1,241
2010 $22,430 $23,300 $45,730 $1,581
2009 $22,430 $23,300 $45,730 $1,553
2008 $22,430 $23,300 $45,730 $1,541

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
6,347 sqft
ZIP code
16509
City
Erie
Street
40th St
Coordinates
42.09151, -80.09094

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
10.37%
Implied cap rate
6.74%
Trend-extrapolated value

Frequently asked questions

When did 1148 40th St last sell?
1148 40th St most recently sold on Jun 30, 2022 for $125,000.
What is the current tax assessment for 1148 40th St?
The most recent total assessment for 1148 40th St (year 2026) is $72,560 with $2,965 in property tax.
How does 1148 40th St's assessment compare to its last sale price?
The current assessment is 42.0% below the last sale price of $125,000.
When was 1148 40th St built?
1148 40th St was built in 1951.
How does 1148 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 1148 40th St?
1148 40th St is a 2 bed, 1 bath, 720 sqft, 6,347 sqft lot single_family.
Is 1148 40th St a flip candidate?
No — 1148 40th St does not appear in our flips dataset.
Is 1148 40th St a tax-appeal candidate?
No — 1148 40th 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
-10.4%
Implied 1-yr
-41.6%
2026 Q3
$163K
2026 Q4
$163K
ZIP 16509 — Median Price History + Forecast

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