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1416 Nicholson Street

1416 Nicholson Street, Erie, PA 16509
Property in Millcreek
Sold Feb 09, 2017
$85,000
$68,000 by Erie Fcu
Mortgage Due Mar 01, 2047
Sold Jan 11, 2013
$77,000
1416 Nicholson Street in Erie, PA was first built in 1960 and is 64 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1416 Nicholson Street has 980 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 860 ft and the linear feet between the front and back of the lot is 1,290. In total, the area measurement of the land is 11,008 square feet.

Learn more about the property and building on this page. There is a patio. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1416 Nicholson Street sold most recently in Feb 6, 2017 for a total of $85,000. If you work out the math, that's approximately a cost of $86.73 per sqft. Before that, the property was also sold for $77,000 in Nov 28, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,097 in taxes each year. 1416 Nicholson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,000. If we break it down further, the land itself was valued at $22,500. Improvements to the property, however, were assessed at a total of $60,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,008
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 860
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.253
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 1416 NICHOLSON ST 86X129.7

Ownership

  • Current Owner : VAKHNIN ALWEKSEY A
  • Previous Owner : GFF MANAGEMENT LLC
  • Owner Before Previous Owner: HARVEY ANDREW H
  • Owner Before Previous Owner 2: HARVEY SHARON M

Neighborhood

  • School District Name: Millcreek Township School District
  • School Tax School District: MSD
  • Census Tract: 011002

Zoning

  • Zoning: BR

Geography

  • Assessors Map Reference: MAP 100
  • District: 33
  • Parcel: 33-100-431.0-015.00
  • Municipality: MILLCREEK TOWNSHIP
  • Latitude: 42.0845
  • Longitude: -80.0907

    Address

  • Full Address: 1416 Nicholson St
  • Address - House Number: 1416
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: PA
  • City Name: Erie
  • Carrier Code: C064
  • 4-Digit Zip Code: 2021
  • Zip Code: 16509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,097

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 98,352
  • High Value: 111,107
  • Low Value: 85,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: ERIE FCU
  • First Open Lien Mortgage Recording Date: Feb 09, 2017
  • First Open Lien Mortgage Loan Amount: $68,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Market Valuation

  • Market Total Value: $83,000
  • Market Land Value: $22,500
  • Market Improvement Value: $60,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $60,500

    Sales

  • Current Sale Contract Date: Feb 06, 2017
  • Current Sale Recording Date: Feb 09, 2017
  • Current Sale Transaction ID: 1732823750
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-002774
  • Previous Sale Recording Date: Jan 11, 2013
  • Previous Sale Contract Date: Nov 28, 2012
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ERIE FCU
  • First Mortgage Transaction Date: Feb 09, 2017
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 01, 2047

About Erie



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Frequently Asked Questions

What neighborhood is 1416 Nicholson Street located in?
The 1416 Nicholson Street is a located in the neighborhood of Millcreek in Erie, Erie.
What is the average sales price for listings in 1416 Nicholson Street?
The average sales price for units in 1416 Nicholson Street is $0 currently.

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