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4009 Melrose Ave

Erie, PA 16509

3 bd 2 ba 1,872 sqft Built 1956 Lot 6,970 sqft single_family
Most recent sale
$180,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $180,000 MLS #164894
Aug 9, 2022 Listed $174,900 MLS #164894

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $81,100 $27,900 $109,000 $4,454
2024 $81,100 $27,900 $109,000 $4,217
2023 $81,100 $27,900 $109,000 $4,097
2022 $81,100 $27,900 $109,000 $4,011
2021 $81,100 $27,900 $109,000 $3,955
2020 $81,100 $27,900 $109,000 $3,928
2019 $81,100 $27,900 $109,000 $3,722
2018 $81,100 $27,900 $109,000 $3,679
2017 $81,100 $27,900 $109,000 $3,671
2016 $81,100 $27,900 $109,000 $3,644
2015 $81,100 $27,900 $109,000 $3,179
2014 $81,100 $27,900 $109,000 $3,532
2013 $81,100 $27,900 $109,000 $3,765
2012 $74,020 $23,800 $97,820 $2,810
2011 $60,580 $23,800 $84,380 $2,577
2010 $60,580 $23,800 $84,380 $2,917
2009 $60,580 $23,800 $84,380 $2,866
2008 $60,580 $23,800 $84,380 $2,845

Property facts

Year built
1956
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,872 sqft
Lot size
6,970 sqft
ZIP code
16509
City
Erie
Street
Melrose Ave
Coordinates
42.08976, -80.09377

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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4009 Melrose Ave last sell?
4009 Melrose Ave most recently sold on Oct 7, 2022 for $180,000.
What is the current tax assessment for 4009 Melrose Ave?
The most recent total assessment for 4009 Melrose Ave (year 2026) is $109,000 with $4,454 in property tax.
How does 4009 Melrose Ave's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $180,000.
When was 4009 Melrose Ave built?
4009 Melrose Ave was built in 1956.
How does 4009 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 4009 Melrose Ave?
4009 Melrose Ave is a 3 bed, 2 bath, 1,872 sqft, 6,970 sqft lot single_family.
Is 4009 Melrose Ave a flip candidate?
No — 4009 Melrose Ave does not appear in our flips dataset.
Is 4009 Melrose Ave a tax-appeal candidate?
No — 4009 Melrose 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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