3118 Reed St
Erie, PA 16504
4 bd 2 ba 1,588 sqft Built 1923 Lot 11,700 sqft single_family
Most recent sale
$175,000
Oct 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 5, 2022 | Sold | $175,000 | MLS #163333 |
| Jun 3, 2022 | Price changed | $184,900 | MLS #163333 |
| May 14, 2022 | Listed | $189,900 | MLS #163333 |
| Sep 3, 1992 | Sold | $55,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $53,080 | $19,800 | $72,880 | $2,978 |
| 2024 | $53,080 | $19,800 | $72,880 | $2,819 |
| 2023 | $53,080 | $19,800 | $72,880 | $2,739 |
| 2022 | $53,080 | $19,800 | $72,880 | $2,681 |
| 2021 | $53,080 | $19,800 | $72,880 | $2,644 |
| 2020 | $53,080 | $19,800 | $72,880 | $2,626 |
| 2019 | $53,080 | $19,800 | $72,880 | $2,488 |
| 2018 | $53,080 | $19,800 | $72,880 | $2,460 |
| 2017 | $53,080 | $19,800 | $72,880 | $2,454 |
| 2016 | $53,080 | $19,800 | $72,880 | $2,436 |
| 2015 | $53,080 | $19,800 | $72,880 | $2,419 |
| 2014 | $53,080 | $19,800 | $72,880 | $2,361 |
| 2013 | $53,080 | $19,800 | $72,880 | $2,517 |
| 2012 | $46,100 | $17,000 | $63,100 | $1,998 |
| 2011 | $46,100 | $17,000 | $63,100 | $1,841 |
| 2010 | $46,100 | $17,000 | $63,100 | $2,181 |
| 2009 | $46,100 | $17,000 | $63,100 | $2,143 |
| 2008 | $46,100 | $17,000 | $63,100 | $2,127 |
Property facts
Year built
1923
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,588 sqft
Lot size
11,700 sqft
ZIP code
16504
City
Erie
Street
Reed St
Coordinates
42.11282, -80.05539
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3118 Reed St last sell?
3118 Reed St most recently sold on Oct 5, 2022 for $175,000.
What is the current tax assessment for 3118 Reed St?
The most recent total assessment for 3118 Reed St (year 2026) is $72,880 with $2,978 in property tax.
How does 3118 Reed St's assessment compare to its last sale price?
The current assessment is 58.4% below the last sale price of $175,000.
When was 3118 Reed St built?
3118 Reed St was built in 1923.
How does 3118 Reed St compare to others on Reed St?
We track 8 other properties on Reed St. Browse the list under "Other properties on Reed St" to compare beds, baths, and sale history.
What are the property facts for 3118 Reed St?
3118 Reed St is a 4 bed, 2 bath, 1,588 sqft, 11,700 sqft lot single_family.
Is 3118 Reed St a flip candidate?
No — 3118 Reed St does not appear in our flips dataset.
Is 3118 Reed St a tax-appeal candidate?
No — 3118 Reed St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.6%
2026 Q2
$121K
2026 Q3
$118.8K
ZIP 16504 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reed St