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220 Lake Ave

Erie, PA 16511

4 bd 2 ba 1,481 sqft Built 1951 Lot 6,970 sqft single_family
Most recent sale
$125,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $125,000 MLS #161975
Feb 18, 2022 Listed $139,900 MLS #161975
May 20, 2020 Listing removed $99,900 Erie
Nov 12, 2014 Sold $89,000 Public Record
Nov 7, 2014 Sold $89,000 Erie
Sep 24, 2014 Relisted $87,500 MLS #38688
Aug 28, 2014 Listing removed $87,500 Erie
Jul 31, 2014 Relisted $87,500 MLS #38688
Jul 30, 2014 Listing removed $87,500 Erie
May 28, 2014 Listed $87,500 MLS #38688
Aug 25, 2003 Sold $70,000 Public Record
Aug 22, 2003 Sold $70,000 Erie

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $64,000 $13,800 $77,800 $3,179
2024 $64,000 $13,800 $77,800 $3,010
2023 $64,000 $13,800 $77,800 $2,924
2022 $64,000 $13,800 $77,800 $2,862
2021 $64,000 $13,800 $77,800 $2,823
2020 $64,000 $13,800 $77,800 $2,803
2019 $64,000 $13,800 $77,800 $2,657
2018 $64,000 $13,800 $77,800 $2,626
2017 $64,000 $13,800 $77,800 $2,621
2016 $64,000 $13,800 $77,800 $2,601
2015 $64,000 $13,800 $77,800 $2,583
2014 $64,000 $13,800 $77,800 $2,521
2013 $64,000 $13,800 $77,800 $2,687
2012 $45,230 $12,500 $57,730 $1,800
2011 $45,230 $12,500 $57,730 $1,656
2010 $45,230 $12,500 $57,730 $1,996
2009 $45,230 $12,500 $57,730 $1,961
2008 $45,230 $12,500 $57,730 $1,946

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,481 sqft
Lot size
6,970 sqft
ZIP code
16511
City
Erie
Street
Lake Ave
Coordinates
42.14793, -80.04521

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 220 Lake Ave last sell?
220 Lake Ave most recently sold on Apr 14, 2022 for $125,000.
What is the current tax assessment for 220 Lake Ave?
The most recent total assessment for 220 Lake Ave (year 2026) is $77,800 with $3,179 in property tax.
How does 220 Lake Ave's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $125,000.
When was 220 Lake Ave built?
220 Lake Ave was built in 1951.
How does 220 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 220 Lake Ave?
220 Lake Ave is a 4 bed, 2 bath, 1,481 sqft, 6,970 sqft lot single_family.
Is 220 Lake Ave a flip candidate?
No — 220 Lake Ave does not appear in our flips dataset.
Is 220 Lake Ave a tax-appeal candidate?
No — 220 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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