402 Lake Ave
Erie, PA 16511
4 bd 2 ba 1,768 sqft Built 1926 Lot 5,175 sqft single_family
Most recent sale
$35,000
Jul 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2023 | Sold | $197,000 | Erie |
| May 6, 2023 | Listed | $197,000 | Erie |
| Jul 14, 2022 | Sold | $35,000 | MLS #164177 |
| Jun 27, 2022 | Listed | $60,178 | MLS #164177 |
| Jun 4, 1992 | Sold | $50,580 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $111,007 | $13,300 | $124,307 | $5,080 |
| 2024 | $111,007 | $13,300 | $124,307 | $4,809 |
| 2023 | $53,740 | $13,300 | $67,040 | $2,519 |
| 2022 | $53,740 | $13,300 | $67,040 | $2,467 |
| 2021 | $53,740 | $13,300 | $67,040 | $2,432 |
| 2020 | $53,740 | $13,300 | $67,040 | $2,416 |
| 2019 | $53,740 | $13,300 | $67,040 | $2,289 |
| 2018 | $53,740 | $13,300 | $67,040 | $2,263 |
| 2017 | $53,740 | $13,300 | $67,040 | $2,258 |
| 2016 | $53,740 | $13,300 | $67,040 | $2,241 |
| 2015 | $53,740 | $13,300 | $67,040 | $2,226 |
| 2014 | $53,740 | $13,300 | $67,040 | $2,172 |
| 2013 | $53,740 | $13,300 | $67,040 | $2,316 |
| 2012 | $46,940 | $12,100 | $59,040 | $1,848 |
| 2011 | $46,940 | $12,100 | $59,040 | $1,701 |
| 2010 | $46,940 | $12,100 | $59,040 | $2,041 |
| 2009 | $46,940 | $12,100 | $59,040 | $2,006 |
| 2008 | $46,940 | $12,100 | $59,040 | $1,990 |
Property facts
Year built
1926
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,768 sqft
Lot size
5,175 sqft
ZIP code
16511
City
Erie
Street
Lake Ave
Coordinates
42.14678, -80.04448
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 402 Lake Ave last sell?
402 Lake Ave most recently sold on Jul 14, 2022 for $35,000.
What is the current tax assessment for 402 Lake Ave?
The most recent total assessment for 402 Lake Ave (year 2026) is $124,307 with $5,080 in property tax.
How does 402 Lake Ave's assessment compare to its last sale price?
The current assessment is 255.2% above the last sale price of $35,000.
When was 402 Lake Ave built?
402 Lake Ave was built in 1926.
How does 402 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 402 Lake Ave?
402 Lake Ave is a 4 bed, 2 bath, 1,768 sqft, 5,175 sqft lot single_family.
Is 402 Lake Ave a flip candidate?
Yes — 402 Lake Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 Lake Ave a tax-appeal candidate?
No — 402 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.2%
Implied 1-yr
+16.7%
2026 Q3
$358.4K
2026 Q4
$370.2K
ZIP 16511 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave