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140 Lake Ave

Erie, PA 16511

3 bd 2 ba 1,456 sqft Built 1950 Lot 5,227 sqft single_family
Most recent sale
$162,900
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $162,900 MLS #165326
Sep 1, 2022 Listed $164,900 MLS #165326
Jun 14, 2017 Sold $106,900 MLS #49855
May 10, 2016 Sold $106,900 Public Record
Mar 28, 2016 Listed $104,900 MLS #49855

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $79,330 $13,300 $92,630 $3,785
2024 $79,330 $13,300 $92,630 $3,584
2023 $79,330 $13,300 $92,630 $3,481
2022 $79,330 $13,300 $92,630 $3,408
2021 $79,330 $13,300 $92,630 $3,361
2020 $79,330 $13,300 $92,630 $3,338
2019 $79,330 $13,300 $92,630 $3,163
2018 $79,330 $13,300 $92,630 $3,127
2017 $79,330 $13,300 $92,630 $3,120
2016 $79,330 $13,300 $92,630 $3,097
2015 $79,330 $13,300 $92,630 $3,076
2014 $79,330 $13,300 $92,630 $3,002
2013 $79,330 $13,300 $92,630 $3,200
2012 $42,310 $12,100 $54,410 $1,677
2011 $42,310 $12,100 $54,410 $1,541
2010 $42,310 $12,100 $54,410 $1,881
2009 $42,310 $12,100 $54,410 $1,848
2008 $42,310 $12,100 $54,410 $1,834

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
5,227 sqft
ZIP code
16511
City
Erie
Street
Lake Ave
Coordinates
42.14891, -80.04590

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$977
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 140 Lake Ave last sell?
140 Lake Ave most recently sold on Oct 13, 2022 for $162,900.
What is the current tax assessment for 140 Lake Ave?
The most recent total assessment for 140 Lake Ave (year 2026) is $92,630 with $3,785 in property tax.
How does 140 Lake Ave's assessment compare to its last sale price?
The current assessment is 43.1% below the last sale price of $162,900.
When was 140 Lake Ave built?
140 Lake Ave was built in 1950.
How does 140 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 140 Lake Ave?
140 Lake Ave is a 3 bed, 2 bath, 1,456 sqft, 5,227 sqft lot single_family.
Is 140 Lake Ave a flip candidate?
No — 140 Lake Ave does not appear in our flips dataset.
Is 140 Lake Ave a tax-appeal candidate?
No — 140 Lake 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
+4.2%
Implied 1-yr
+16.7%
2026 Q3
$358.4K
2026 Q4
$370.2K
ZIP 16511 — Median Price History + Forecast

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