506 Euclid Ave, Erie, PA 16511

3 beds, 1 bath, 1,566 sqft
Sold: $94,900
Sold on 11/20/13
Zestimate®: $89,796
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LEASE OPTION! RENT FOR A WHILE UNTIL YOU BUY IT!---Call 814-88-1116 COMPLETELY REFURBISHED IN 2013. BE THE FIRST TO LIVE HERE! 506 Euclid Ave., Erie (1 block west of Ricardo's Restaurant near GE). Rent this beautiful home for a "below market" $825 a month until you exercise your option and buy for just $94,900!! This is an EXCEPTIONAL home in southwest Erie.THIS IS AN AWESOME HOME FOR THE BUYER WHO NEEDS TO WAIT AWHILE UNTIL THEY GET THEIR MORTGAGE! This is an EXCEPTIONAL home in one of the finest east side Erie neighborhoods.Beautifully refurbished 3 bedroom/1 bath home with central air conditioning in a convenient & desirable Erie neighborhood. 1566 sf on a 43' X 135' level lot with a partially fenced back yard and a detached single car garage with an electric opener. The first floor has 2 bedrooms 10' X 14' and 10' X 12' with a 9' closet for the back bedroom and a 4' deep closet for the front bedroom. The bath is all new with a tub/shower enclosure, vanity, medicine cabinet and linen closet plus classy towel bars.You can look from the 13' X 20' living room with ornamental fireplace through the 13' X 12' dining room (both rooms with natural woodwork) into the 10' X 12' completely remodeled kitchen. Step down from the kitchen into a 15' X 8' family room addition.The second floor has a 14' X 16' bedroom with an 8' closet plus a large finished landing at the top of the stairs. There is also a partially finished workbench area off the landing and lots of unfinished walkable attic area.The basement has been completely redone and has a laundry area with a utility sink plus updated 100 amp serviceBuilt in the 30's, but here's what's BRAND NEW: Complete new interior paint (all exposed exterior painted areas also repainted)New roof on the main house and on the garage.Rear entry doorVinyl windows with low E energy saving glassGlass block basement windows Kitchen cabinets (maple with dovetail drawers), countertops, sink & faucet, disposal, dishwasher, microwave (the original ironing board closet is now a pantry ) (a "like new" reconditioned gas stove is included) Carpet in living room, bedrooms, hall, stairs and 2nd floor landingFiberglass backed vinyl flooring in kitchen, bath, family room and dining room (wood look in kitchen & dining room and tile look in bath & family room)All interior doors & hardware All interior lighting and ceiling fansBath vanity, sink top, faucets, fan, toilet, medicine cabinet, free standing linen closet and fiberglass tub/shower (bath cabinetry matches kitchen maple cabinetry)Gas hot water tankAuxiliary electric baseboard heat for second floor bedroomEVERYTHING LISTED ABOVE IS BRAND NEW!!! IT'S LIKE A BRAND NEW HOUSE!!!Vinyl siding is about 10 years oldLandscaping has been updatedForced air gas furnace (not brand new but about 10 years old) (is high efficiency type with central air)Is on city water & sewerTaxes $2310With a small down payment, you would have the OPTION (but not the obligation) to buy this house whenever you're ready anytime in the future 24 months after your move-in at the current value of just $94,900! In the meantime, you would have a LEASE payment at a preferred rate of just $825.00 per month (plus gas, electric, water, sewer & trash). While you're renting we pay the taxes and insurance. CALL 814-868-1116 FOR AN APPOINTMENT.  MoreLess
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Facts
  • Lot: 5,793 sqft
  • Single Family
  • Built in 1931
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Nov 2013 for $94,900
  • Price/sqft: $61
Features
  • Attic
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Fenced Yard
  • Lawn
  • Parking: Garage - Detached, Off street, 180 sqft
  • Porch
  • Storage
Additional Features
  • Living room
Appliances Included
  • Dishwasher
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
Room Types
  • Dining room
  • Family room
  • Workshop
Construction
  • Roof type: Other
  • Room count: 5
  • # Stories: 2.0
  • Structure type: Bungalow
  • Unit count: 1
Other
  • Floor size: 1,566 sqft
  • Lot depth: 135
  • Lot width: 43
  • Parcel #: 14011022020400
  • Zillow Home ID: 52140690
Home Values
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$89,796
+$2,831 Last 30 daysd
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Neighborhood for 506 Euclid Avenue

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Zillow predicts 16511 home values will increase 3.7% next year, compared to a 3.6% increase for Erie as a whole. Among 16511 homes, this home is valued 17.2% less than the midpoint (median) home, and is valued 23.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 16511, the number of foreclosures waiting to be sold is 19.8% higher than in Erie, and 25% lower than the national average. This higher local number may prevent 16511 home values from rising as quickly as other regions in Erie.

Learn more about forecast calculations or 16511 home values.
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