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5540 Glenwood Park Ave

Erie, PA 16509

4 bd 2 ba 1,661 sqft Built 1960 Lot 27,987 sqft single_family
Most recent sale
$240,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $240,000 MLS #162812
Apr 25, 2022 Listed $240,000 MLS #162812
Oct 5, 2009 Sold $217,500 Public Record
Feb 22, 2009 Listing removed $69,900 Erie
Feb 18, 2009 Listed $69,900 MLS #96793
Feb 3, 2009 Sold $57,000 Public Record
Jan 29, 2009 Sold $57,000 Erie

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $141,200 $32,600 $173,800 $4,950
2024 $141,200 $32,600 $173,800 $4,651
2023 $141,200 $32,600 $173,800 $4,391
2022 $141,200 $32,600 $173,800 $4,218
2021 $141,200 $32,600 $173,800 $4,173
2020 $141,200 $32,600 $173,800 $4,130
2019 $141,200 $32,600 $173,800 $4,061
2018 $141,200 $32,600 $173,800 $3,961
2017 $141,200 $32,600 $173,800 $3,952
2016 $141,200 $32,600 $173,800 $3,874
2015 $141,200 $32,600 $173,800 $3,781
2014 $141,200 $32,600 $173,800 $3,676
2013 $141,200 $32,600 $173,800 $3,886
2012 $92,690 $25,400 $118,090 $2,821
2011 $92,690 $25,400 $118,090 $2,732
2010 $92,690 $25,400 $118,090 $2,649
2009 $71,260 $25,400 $96,660 $2,057
2008 $71,260 $25,400 $96,660 $2,107

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,661 sqft
Lot size
27,987 sqft
ZIP code
16509
City
Erie
Street
Glenwood Park Ave
Coordinates
42.08133, -80.06328

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
$2,492
Gross rental yield
12.46%
Implied cap rate
8.10%
Trend-extrapolated value

Frequently asked questions

When did 5540 Glenwood Park Ave last sell?
5540 Glenwood Park Ave most recently sold on Jun 13, 2022 for $240,000.
What is the current tax assessment for 5540 Glenwood Park Ave?
The most recent total assessment for 5540 Glenwood Park Ave (year 2026) is $173,800 with $4,950 in property tax.
How does 5540 Glenwood Park Ave's assessment compare to its last sale price?
The current assessment is 27.6% below the last sale price of $240,000.
When was 5540 Glenwood Park Ave built?
5540 Glenwood Park Ave was built in 1960.
How does 5540 Glenwood Park Ave compare to others on Glenwood Park Ave?
We track 8 other properties on Glenwood Park Ave. Browse the list under "Other properties on Glenwood Park Ave" to compare beds, baths, and sale history.
What are the property facts for 5540 Glenwood Park Ave?
5540 Glenwood Park Ave is a 4 bed, 2 bath, 1,661 sqft, 27,987 sqft lot single_family.
Is 5540 Glenwood Park Ave a flip candidate?
No — 5540 Glenwood Park Ave does not appear in our flips dataset.
Is 5540 Glenwood Park Ave a tax-appeal candidate?
No — 5540 Glenwood Park Ave 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
-10.4%
Implied 1-yr
-41.6%
2026 Q3
$163K
2026 Q4
$163K
ZIP 16509 — Median Price History + Forecast

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