556 7th St
Erie, PA 16503
4 bd 1,936 sqft Built 1912 Lot 5,362 sqft multi_family
Most recent sale
$47,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 28, 2022 | Sold | $47,000 | MLS #163331 |
| May 13, 2022 | Listed | $48,900 | MLS #163331 |
| Dec 13, 2017 | Listing removed | $32,900 | Erie |
| Sep 21, 2017 | Price changed | $32,900 | MLS #110426 |
| Jul 18, 2017 | Price changed | $39,900 | MLS #110426 |
| Jun 13, 2017 | Listed | $44,900 | MLS #110426 |
| Jul 13, 1992 | Sold | $22,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $21,400 | $7,600 | $29,000 | $1,185 |
| 2024 | $21,400 | $7,600 | $29,000 | $1,122 |
| 2023 | $21,400 | $7,600 | $29,000 | $1,090 |
| 2022 | $21,400 | $7,600 | $29,000 | $1,067 |
| 2021 | $21,400 | $7,600 | $29,000 | $1,052 |
| 2020 | $21,400 | $7,600 | $29,000 | $1,045 |
| 2019 | $21,400 | $7,600 | $29,000 | $990 |
| 2018 | $21,400 | $7,600 | $29,000 | $979 |
| 2017 | $35,000 | $7,600 | $42,600 | $1,435 |
| 2016 | $35,000 | $7,600 | $42,600 | $1,424 |
| 2015 | $35,000 | $7,600 | $42,600 | $1,414 |
| 2014 | $35,000 | $7,600 | $42,600 | $1,380 |
| 2013 | $35,000 | $7,600 | $42,600 | $1,472 |
| 2012 | $33,810 | $7,200 | $41,010 | $1,515 |
| 2011 | $33,810 | $7,200 | $41,010 | $1,418 |
| 2010 | $33,810 | $7,200 | $41,010 | $1,418 |
| 2009 | $33,810 | $7,200 | $41,010 | $1,393 |
| 2008 | $33,810 | $7,200 | $41,010 | $1,382 |
Property facts
Year built
1912
Property type
multi_family
Stories
2
Beds
4
Baths
—
Living area
1,936 sqft
Lot size
5,362 sqft
ZIP code
16503
City
Erie
Street
7th St
Coordinates
42.13345, -80.07198
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$282
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 556 7th St last sell?
556 7th St most recently sold on Sep 28, 2022 for $47,000.
What is the current tax assessment for 556 7th St?
The most recent total assessment for 556 7th St (year 2026) is $29,000 with $1,185 in property tax.
How does 556 7th St's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $47,000.
When was 556 7th St built?
556 7th St was built in 1912.
How does 556 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 556 7th St?
556 7th St is a 4 bed, 1,936 sqft, 5,362 sqft lot multi_family.
Is 556 7th St a flip candidate?
No — 556 7th St does not appear in our flips dataset.
Is 556 7th St a tax-appeal candidate?
No — 556 7th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.2%
Implied 1-yr
+20.9%
2026 Q2
$95.3K
2026 Q3
$99K
ZIP 16503 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th St