2501 Chestnut St
Erie, PA 16502
4 bd 1,656 sqft Built 1902 Lot 2,945 sqft multi_family
Most recent sale
$59,000
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $59,000 | MLS #162862 |
| Apr 20, 2022 | Listed | $64,900 | MLS #1549353 |
| Apr 19, 2022 | Listed | $64,900 | MLS #162862 |
| Jan 22, 2019 | Listed | $39,900 | MLS #124392 |
| Jan 21, 2019 | Sold | $20,000 | MLS #124392 |
| Jan 7, 2019 | Listed | $21,000 | MLS #1376253 |
| Sep 28, 2018 | Listing removed | $39,900 | WestPenn |
| Aug 29, 2018 | Listed | $39,900 | MLS #1358027 |
| Apr 9, 2018 | Listed | $39,900 | MLS #124392 |
| Apr 9, 2018 | Listing removed | $39,900 | Erie |
| Dec 11, 2017 | Price changed | $39,900 | MLS #113848 |
| Aug 18, 2017 | Listing removed | $42,500 | Erie |
| Aug 18, 2017 | Listed | $42,500 | MLS #113848 |
| Aug 16, 2017 | Price changed | $42,500 | MLS #101141 |
| Feb 21, 2017 | Listed | $47,500 | MLS #101141 |
| Feb 21, 2017 | Listing removed | $47,500 | Erie |
| Aug 22, 2016 | Listed | $47,500 | MLS #53306 |
| Jul 30, 1990 | Sold | $25,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $30,645 | $9,900 | $40,545 | $1,657 |
| 2024 | $30,645 | $9,900 | $40,545 | $1,568 |
| 2023 | $30,645 | $9,900 | $40,545 | $1,523 |
| 2022 | $30,645 | $9,900 | $40,545 | $1,492 |
| 2021 | $30,645 | $9,900 | $40,545 | $1,471 |
| 2020 | $30,645 | $9,900 | $40,545 | $1,460 |
| 2019 | $35,840 | $9,900 | $45,740 | $1,562 |
| 2018 | $35,840 | $9,900 | $45,740 | $1,544 |
| 2017 | $35,840 | $9,900 | $45,740 | $1,540 |
| 2016 | $35,840 | $9,900 | $45,740 | $1,529 |
| 2015 | $35,840 | $9,900 | $45,740 | $1,518 |
| 2014 | $35,840 | $9,900 | $45,740 | $1,482 |
| 2013 | $35,840 | $9,900 | $45,740 | $1,579 |
| 2012 | $37,150 | $8,200 | $45,350 | $1,675 |
| 2011 | $37,150 | $8,200 | $45,350 | $1,567 |
| 2010 | $37,150 | $8,200 | $45,350 | $1,567 |
| 2009 | $37,150 | $8,200 | $45,350 | $1,540 |
| 2008 | $37,150 | $8,200 | $45,350 | $1,529 |
Property facts
Year built
1902
Property type
multi_family
Stories
2
Beds
4
Baths
—
Living area
1,656 sqft
Lot size
2,945 sqft
ZIP code
16502
City
Erie
Street
Chestnut St
Coordinates
42.10973, -80.08241
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$354
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2501 Chestnut St last sell?
2501 Chestnut St most recently sold on May 20, 2022 for $59,000.
What is the current tax assessment for 2501 Chestnut St?
The most recent total assessment for 2501 Chestnut St (year 2026) is $40,545 with $1,657 in property tax.
How does 2501 Chestnut St's assessment compare to its last sale price?
The current assessment is 31.3% below the last sale price of $59,000.
When was 2501 Chestnut St built?
2501 Chestnut St was built in 1902.
How does 2501 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 2501 Chestnut St?
2501 Chestnut St is a 4 bed, 1,656 sqft, 2,945 sqft lot multi_family.
Is 2501 Chestnut St a flip candidate?
No — 2501 Chestnut St does not appear in our flips dataset.
Is 2501 Chestnut St a tax-appeal candidate?
No — 2501 Chestnut 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
-6.9%
Implied 1-yr
-27.6%
2026 Q3
$63.4K
2026 Q4
$55.5K
ZIP 16502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut St