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1840 Donation Rd, Erie, PA, 16509

3beds
1baths
2,078sqft
$699,900
$337price/sqft
$4,984/moest. monthly cost
$199,360/yrincome needed

About This Home

Rare opportunity with future upside! Two parcels totaling 90.48± acres in Greene Township, located in the desirable Wattsburg School District, featuring predominantly tillable soil currently leased to a local farmer with a 2026 crop in place—offering immediate income potential with payment transferring to the new owner at harvest. The property includes a 3-bedroom, 1 bath farmhouse ready for renovation, providing the perfect opportunity to restore its original charm and character, along with a substantial 70’ x 106’ metal barn equipped with a high-capacity water well to support a variety of agricultural or future uses. Ideally situated close to the interstate for easy access while still offering a peaceful, private country setting, this property presents an excellent opportunity for a homestead, investment, or future development. Currently enrolled in Clean and Green for tax savings. Taxes and assessment figure are combined.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

9/10
Wattsburg Area El CenterGrades K-45.1 mi
8/10
6/10
Seneca High SchoolGrades 9-125.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Flooring: Carpet,Vinyl

Heating

  • Heating features: Forced Air,Oil

Interior Area

  • Total structure area: 2,078
  • Total interior livable area: 2,078 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Other

  • Level: First

Property

Details

  • Parcel number: 25012033.0012.00
  • Zoning description: F-1

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 90.49 Acres
  • Features: Farm
  • Lot size dimensions: 1223 x 2620 x 1761 x 1822

Parking

  • Total spaces: 10
  • Parking features: See Remarks
  • Attached garage spaces: 10
  • Covered spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Winter Weather
Strong Wind
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$332$3,984
Property Taxes $886$10,632
Electricity $227$2,735
Total$4,984$59,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,880/yr
40% on housing$149,520/yr
45% on housing$132,906/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$337This listing

vs Other Active Listings

Avg $/sqft

ZIP 16509$121
Erie County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 16509$156
Erie County$139

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-26Listed for sale$750,000

For Sale by Agent

AgentSeth Tuttle Jr
BrokerageRE/MAX Real Estate Group East

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