5 years on rocket

124 Merline Ave, Erie, PA, 16509

$152,900

Home List Price

$1,816*

Closing Credit

0 Baths
Multi

Location

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124 Merline Ave, Erie$152,900

Buyer Closing Credits

$1,816*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1922
MLS #1417190
StatusActive

About 124 Merline Ave

This Triplex has a great rental history. First floor features a living room w/gas fireplace , Dining room, 3 bedrooms and full bath. Second floor features 2 One bedroom apartments. Roof 2008, 3 heating systems 2004,2008,2018. 3 updated electric 3 water heaters walkout basement

Property Details

Property Features

Property Information:

  • Year Built: 1922

Listing Office:

  • Office Name: Howard Hanna Real Estate Services - Erie Southwest
  • Listing Agent: Renee Brown-Wagner

School Info

Assigned Schools Information:

  • Grover Cleveland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Peach Street to Merline destination on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $152,900

Tax Information:

  • Annual Amount: $3,221
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Erie, PA.

Med. List Price

$127.5K

Med. Price/SqFt

$132

Avg. Days On Market

947

# of Sold Homes

3

124 Merline Ave vs Erie

1880 DAYS ON ROCKET

+933 Days

$152,900

+$25.4K More

KEY TAKEAWAY

This property is $25.4K more than the Median List Price in Erie, PA.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: WESTPENN
  • MLS Number: #1417190

Listing Office:

  • Office Name: Howard Hanna Real Estate Services - Erie Southwest
  • Listing Agent: Renee Brown-Wagner

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2020Home Sold
$130,000
Dec 02, 1996Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,221$98,300
2020$3,542$98,300
2019$3,356$98,300
2018$3,318$98,300
2017$3,311$98,300

History based on county public records data.

Payment Calculator

$831

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$525

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-725658
6
/10
  • Grover Cleveland Elementary School

  • 1540 W 38th St

  • 0.92 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,674. Typical income of Erie, PA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Erie, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Erie, PA?

Erie, Pennsylvania, offers a diverse housing market with a range of options to suit various preferences and budgets. The housing landscape is characterized by a mix of architectural styles, with a notable presence of Victorian, Colonial, and contemporary homes. Single-family homes are prevalent, complemented by a selection of apartments and townhouses. The area has seen development across different periods, with a significant number of properties dating back to the early to mid-20th century, reflecting the city's rich history.

Is Erie, PA a good place to live?

Erie is known for its welcoming community and vibrant cultural scene. The city prides itself on its waterfront attractions along Lake Erie and its numerous parks and recreational areas that offer residents a blend of urban and natural amenities. Annual events, such as the Erie Summer Festival of the Arts and the Roar on the Shore motorcycle rally, underscore the city's dynamic character and its residents' enthusiasm for community gatherings.

Are things conveniently located in Erie, PA?

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Erie's healthcare network features several hospitals and clinics, providing residents with access to comprehensive medical services. The city also boasts a number of public libraries and a vibrant retail and dining landscape that mirrors the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are ongoing to meet the evolving needs of the community.

What does the transportation in Erie, PA look like?

Erie's transportation infrastructure supports both private and public transit options. The city's public bus service operates on a set schedule, offering residents and visitors reliable transportation across various routes. While ride-sharing services are available, the city also promotes walkability, particularly in the downtown area and along the Bayfront. The network of roads and highways, including Interstate 90 and State Route 20, facilitates commuting and travel to and from the city. Efforts to improve transport efficiency and accessibility are part of the city's planning initiatives.

Rocket HomesPennsylvaniaErie CountyErie16509124 Merline Ave

This home is located at 124 Merline Ave in Erie, PA and zip code 16509. This home was built in 1922. It has been listed on Rocket Homes since September 10, 2019 and is currently priced at $152,900.

While the average time on the market in October 2024 was 947 days, the median list price was $127,500.

From Rocket Homes Real Estate and based on county public records data.

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