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519 5th St

Erie, PA 16507

6 bd 3,698 sqft Built 1925 Lot 6,599 sqft multi_family
Most recent sale
$51,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $51,000 MLS #163318
May 17, 2022 Listed $50,000 MLS #1555105
May 14, 2022 Listed $50,000 MLS #163318

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $54,340 $7,700 $62,040 $2,535
2024 $54,340 $7,700 $62,040 $2,400
2023 $54,340 $7,700 $62,040 $2,331
2022 $54,340 $7,700 $62,040 $2,283
2021 $54,340 $7,700 $62,040 $2,251
2020 $54,340 $7,700 $62,040 $2,235
2019 $54,340 $7,700 $62,040 $2,119
2018 $54,340 $7,700 $62,040 $2,094
2017 $54,340 $7,700 $62,040 $2,090
2016 $54,340 $7,700 $62,040 $2,074
2015 $54,340 $7,700 $62,040 $2,060
2014 $54,340 $7,700 $62,040 $2,010
2013 $54,340 $7,700 $62,040 $2,143
2012 $56,410 $7,700 $64,110 $2,369
2011 $56,410 $7,700 $64,110 $2,216
2010 $56,410 $7,700 $64,110 $2,216
2009 $56,410 $7,700 $64,110 $2,178
2008 $56,410 $7,700 $64,110 $2,161

Property facts

Year built
1925
Property type
multi_family
Stories
Beds
6
Baths
Living area
3,698 sqft
Lot size
6,599 sqft
ZIP code
16507
City
Erie
Street
5th St
Coordinates
42.13456, -80.07409

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
$306
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 519 5th St last sell?
519 5th St most recently sold on Jun 8, 2022 for $51,000.
What is the current tax assessment for 519 5th St?
The most recent total assessment for 519 5th St (year 2026) is $62,040 with $2,535 in property tax.
How does 519 5th St's assessment compare to its last sale price?
The current assessment is 21.6% above the last sale price of $51,000.
When was 519 5th St built?
519 5th St was built in 1925.
How does 519 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 519 5th St?
519 5th St is a 6 bed, 3,698 sqft, 6,599 sqft lot multi_family.
Is 519 5th St a flip candidate?
No — 519 5th St does not appear in our flips dataset.
Is 519 5th St a tax-appeal candidate?
Yes — 519 5th 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
-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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