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2506 Loveland Ave, Erie, PA, 16506

2beds
1baths
1,276sqft
$238,000
$187price/sqft
$1,815/moest. monthly cost
$72,600/yrincome needed

About This Home

Move right into this well-maintained 2 large bedroom, 1 bath home offering plenty of space, open concept, and thoughtful updates. The kitchen with solid surface counters and large center island includes all appliances and double oven! Upstairs is the spacious bath and primary bedroom with walk in closet. Enjoy your morning coffee on the solid front porch. Major updates include New roof, gutters, spray foam insulation. All new windows! New 200 amp electric and entire house rewired, along with numerous updates make this home move in ready with all the big ticket improvements already taken care of! One or more images have been virtually staged.

Getting Around

36
WalkingCar-Dependent
29
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

9/10
Grandview El SchoolGrades K-51.3 mi
6/10
Westlake Middle SchoolGrades PK,6-81.6 mi
7/10
McDowell High SchoolGrades PK,9-120.8 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Disposal,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Flooring: Hardwood,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,276
  • Total interior livable area: 1,276 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Mud Room

  • Level: First

Office

  • Level: Second

Other

  • Level: Second

Property

Details

  • Parcel number: 33053224.0012.00
  • Zoning description: R-1

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Porch,Storage

Lot

  • Lot size: 0.26 Acres
  • Features: Mineral Rights
  • Lot size dimensions: 75 x 155 x 0 x 0

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
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
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 $1,203$14,436
Home Insurance *$87$1,044
Property Taxes $301$3,612
Electricity $224$2,692
Total$1,815$21,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,228/yr
40% on housing$54,450/yr
45% on housing$48,400/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

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 16506$153
Erie County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 16506$169
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
2026-08-03Listed for sale$238,000
2026-07-29Listing removed$249,900
2026-06-08Price change$249,900
2026-06-05Listed for sale$275,000
2026-02-13Sold$92,000
2026-01-16Pending sale$104,900
2025-12-30Listed for sale$104,900

For Sale by Agent

AgentMax Rankin
BrokerageRE/MAX Lakeland Realty - Erie

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