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308 7th St

Erie, PA 16502

11 bd 6,580 sqft Built 1903 Lot 7,362 sqft multi_family
Most recent sale
$218,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $218,000 Public Record
Aug 31, 2022 Sold $218,000 MLS #161669
Mar 22, 2022 Price changed $225,900 MLS #161669
Mar 2, 2022 Price changed $229,900 MLS #161669
Feb 17, 2022 Listing removed $237,500 Erie
Feb 2, 2022 Price changed $232,900 MLS #161669
Jan 24, 2022 Listed $237,900 MLS #161669
Oct 31, 1985 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $96,600 $14,700 $111,300 $4,548
2024 $96,600 $14,700 $111,300 $4,306
2023 $96,600 $14,700 $111,300 $4,183
2022 $96,600 $14,700 $111,300 $4,095
2021 $96,600 $14,700 $111,300 $4,038
2020 $96,600 $14,700 $111,300 $4,010
2019 $96,600 $14,700 $111,300 $3,801
2018 $96,600 $14,700 $111,300 $3,757
2017 $96,600 $14,700 $111,300 $3,749
2016 $96,600 $14,700 $111,300 $3,721
2015 $96,600 $14,700 $111,300 $3,696
2014 $96,600 $14,700 $111,300 $3,606
2013 $96,600 $14,700 $111,300 $3,845
2012 $69,200 $11,000 $80,200 $2,964
2011 $69,200 $11,000 $80,200 $2,772
2010 $69,200 $11,000 $80,200 $2,772
2009 $69,200 $11,000 $80,200 $2,724
2008 $69,200 $11,000 $80,200 $2,704

Property facts

Year built
1903
Property type
multi_family
Stories
3
Beds
11
Baths
Living area
6,580 sqft
Lot size
7,362 sqft
ZIP code
16502
City
Erie
Street
7th St
Coordinates
42.12630, -80.09122

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
$1,308
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 7th St last sell?
308 7th St most recently sold on Sep 1, 2022 for $218,000.
What is the current tax assessment for 308 7th St?
The most recent total assessment for 308 7th St (year 2026) is $111,300 with $4,548 in property tax.
How does 308 7th St's assessment compare to its last sale price?
The current assessment is 48.9% below the last sale price of $218,000.
When was 308 7th St built?
308 7th St was built in 1903.
How does 308 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 308 7th St?
308 7th St is a 11 bed, 6,580 sqft, 7,362 sqft lot multi_family.
Is 308 7th St a flip candidate?
No — 308 7th St does not appear in our flips dataset.
Is 308 7th St a tax-appeal candidate?
No — 308 7th 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
-6.9%
Implied 1-yr
-27.6%
2026 Q3
$63.4K
2026 Q4
$55.5K
ZIP 16502 — Median Price History + Forecast

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