1531 Prospect Ave
Erie, PA 16510
3 bd 1 ba 1,064 sqft Built 1943 Lot 11,761 sqft single_family
Most recent sale
$109,900
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $109,900 | MLS #165060 |
| Aug 16, 2022 | Listed | $109,900 | MLS #165060 |
| Aug 7, 2020 | Sold | $89,000 | MLS #151898 |
| Jun 22, 2020 | Listed | $89,000 | MLS #151898 |
| Jun 25, 2019 | Sold | $70,000 | Public Record |
| Jun 20, 2019 | Sold | $70,000 | MLS #139682 |
| May 14, 2019 | Listed | $74,950 | MLS #1395538 |
| Sep 23, 2010 | Sold | $56,400 | Public Record |
| Sep 22, 2010 | Sold | $56,400 | Erie |
| Jun 7, 2010 | Relisted | $57,900 | MLS #10425 |
| Jun 5, 2010 | Listing removed | $57,900 | Erie |
| May 4, 2010 | Price changed | $59,800 | MLS #10425 |
| Mar 18, 2010 | Price changed | $61,499 | MLS #10425 |
| Jan 19, 2010 | Price changed | $61,900 | MLS #10425 |
| Oct 18, 2009 | Price changed | $62,900 | MLS #10425 |
| Aug 10, 2009 | Price changed | $63,500 | MLS #10425 |
| Jul 20, 2009 | Listed | $64,900 | MLS #10425 |
| Jan 19, 2006 | Sold | $55,500 | Public Record |
| Jan 10, 2006 | Sold | $55,500 | Erie |
| Mar 1, 2005 | Sold | $34,500 | Public Record |
| Feb 28, 2005 | Sold | $34,500 | Erie |
| Jul 30, 1999 | Sold | $39,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $42,110 | $17,800 | $59,910 | $2,448 |
| 2024 | $42,110 | $17,800 | $59,910 | $2,297 |
| 2023 | $42,110 | $17,800 | $59,910 | $2,222 |
| 2022 | $42,110 | $17,800 | $59,910 | $2,165 |
| 2021 | $42,110 | $17,800 | $59,910 | $2,126 |
| 2020 | $42,110 | $17,800 | $59,910 | $2,102 |
| 2019 | $42,110 | $17,800 | $59,910 | $1,983 |
| 2018 | $42,110 | $17,800 | $59,910 | $1,951 |
| 2017 | $42,110 | $17,800 | $59,910 | $1,938 |
| 2016 | $42,110 | $17,800 | $59,910 | $1,915 |
| 2015 | $39,480 | $17,800 | $57,280 | $1,902 |
| 2014 | $39,480 | $17,800 | $57,280 | $1,856 |
| 2013 | $39,480 | $17,800 | $57,280 | $1,979 |
| 2012 | $40,420 | $15,300 | $55,720 | $1,726 |
| 2011 | $40,420 | $15,300 | $55,720 | $1,586 |
| 2010 | $40,420 | $15,300 | $55,720 | $1,926 |
| 2009 | $40,420 | $15,300 | $55,720 | $1,893 |
| 2008 | $40,420 | $15,300 | $55,720 | $1,878 |
Property facts
Year built
1943
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,064 sqft
Lot size
11,761 sqft
ZIP code
16510
City
Erie
Street
Prospect Ave
Coordinates
42.12848, -80.04088
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$659
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1531 Prospect Ave last sell?
1531 Prospect Ave most recently sold on Sep 30, 2022 for $109,900.
What is the current tax assessment for 1531 Prospect Ave?
The most recent total assessment for 1531 Prospect Ave (year 2026) is $59,910 with $2,448 in property tax.
How does 1531 Prospect Ave's assessment compare to its last sale price?
The current assessment is 45.5% below the last sale price of $109,900.
When was 1531 Prospect Ave built?
1531 Prospect Ave was built in 1943.
How does 1531 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 1531 Prospect Ave?
1531 Prospect Ave is a 3 bed, 1 bath, 1,064 sqft, 11,761 sqft lot single_family.
Is 1531 Prospect Ave a flip candidate?
Yes — 1531 Prospect Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1531 Prospect Ave a tax-appeal candidate?
No — 1531 Prospect 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
-3.9%
Implied 1-yr
-15.6%
2026 Q3
$168.2K
2026 Q4
$159.4K
ZIP 16510 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave