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2123 40th St

Erie, PA 16510

3 bd 1 ba 1,452 sqft Built 1962 Lot 7,405 sqft single_family
Most recent sale
$140,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $140,000 MLS #163077
May 4, 2022 Listed $140,000 MLS #1552754
May 2, 2022 Listed $140,000 MLS #163077
Oct 6, 2020 Sold $114,560 MLS #153066
Sep 24, 1987 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $57,160 $22,400 $79,560 $3,251
2024 $57,160 $22,400 $79,560 $3,078
2023 $57,160 $22,400 $79,560 $2,990
2022 $57,160 $22,400 $79,560 $2,927
2021 $57,160 $22,400 $79,560 $2,887
2020 $57,160 $22,400 $79,560 $2,867
2019 $57,160 $22,400 $79,560 $2,717
2018 $57,160 $22,400 $79,560 $2,686
2017 $57,160 $22,400 $79,560 $2,680
2016 $57,160 $22,400 $79,560 $2,660
2015 $57,160 $22,400 $79,560 $2,642
2014 $57,160 $22,400 $79,560 $2,578
2013 $57,160 $22,400 $79,560 $2,748
2012 $47,320 $19,800 $67,120 $2,147
2011 $47,320 $19,800 $67,120 $1,980
2010 $47,320 $19,800 $67,120 $2,320
2009 $47,320 $19,800 $67,120 $2,280
2008 $47,320 $19,800 $67,120 $2,263

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,452 sqft
Lot size
7,405 sqft
ZIP code
16510
City
Erie
Street
40th St
Coordinates
42.11601, -80.01915

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2123 40th St last sell?
2123 40th St most recently sold on Jun 24, 2022 for $140,000.
What is the current tax assessment for 2123 40th St?
The most recent total assessment for 2123 40th St (year 2026) is $79,560 with $3,251 in property tax.
How does 2123 40th St's assessment compare to its last sale price?
The current assessment is 43.2% below the last sale price of $140,000.
When was 2123 40th St built?
2123 40th St was built in 1962.
How does 2123 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 2123 40th St?
2123 40th St is a 3 bed, 1 bath, 1,452 sqft, 7,405 sqft lot single_family.
Is 2123 40th St a flip candidate?
Yes — 2123 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2123 40th St a tax-appeal candidate?
No — 2123 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
-3.9%
Implied 1-yr
-15.6%
2026 Q3
$168.2K
2026 Q4
$159.4K
ZIP 16510 — Median Price History + Forecast

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