NOT LISTED FOR SALE

3415 W Lake Rd Erie, PA 16505

Millcreek Neighborhood

Estimated Value: $261,000 - $567,000

2 Beds
-- Bath
6,851 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $315,000 $46 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,143/month

17 Days on Market

Highlights

  • 1.92 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of May 2016

Close To Presque Isle! Prime Land. Rents Below Market. Main Building Is A 4 Unit Totally Renovated In 2012. Ceramic Kitchen & Bathroom Floors. 4 Units Have Built In Microwaves. Three More Free Standing Cottages, Plus Garage & Storage Building. Gas Well. 2 Rents Are Projected, The Balance Are Actual. See Attachment For Apod & Rent Roll.

Last Agent to Sell the Property

Bill Bucceri

Coldwell Banker Select - Airport License #AB065910 Listed on: 03/28/2016

Coldwell Banker Select - Airport

Last Buyer's Agent

Marcey Buckeye Kinkoph

Howard Hanna Erie Southwest License #RS295204

Howard Hanna Erie Southwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1928

Lot Details

  • 1.92 Acre Lot
  • Lot Dimensions are 103x431x100x458

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Bedrooms
  • 6,851 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 33-017-078.0-005.00

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3,205
  • Maintenance Expense $2,400
  • Water Sewer Expense $4,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,506

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: West Lake Road Between Marshall & Clifton.
  • Lot Size Acres: 1.924
  • Co List Office Phone: (814) 833-3331
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 6851.0
  • Year Built: 1928
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 3205.0
  • Annual Water Sewer Expense: 4288.0

Lot Info

  • Parcel Number: 33-017-078.0-005.00
  • Zoning: R-1
  • Lot Dimensions: 103x431x100x458
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 4
  • Maintenance Expense: 2400.0

Tax Info

  • Tax Annual Amount: 4506.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 11, 2016
Sold by
Fph Limited Partnership
Bought by
Titan Properties Ties Ltd
Seller's Agent
Bill Bucceri
Coldwell Banker Select - Airport
Buyer's Agent
Marcey Buckeye Kinkoph
Howard Hanna Erie Southwest
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$468,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,140
Avg. Annual Appreciation
4.28%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Titan Properties Ties Ltd $315,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $315,000 -4.3% $46 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $329,000 -- $48 / Sq Ft
Source: Greater Erie Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,250 $300,195 $90,000 $210,195
2024 $8,034 $300,195 $90,000 $210,195
2023 $7,585 $300,195 $90,000 $210,195
2022 $7,287 $300,195 $90,000 $210,195
2021 $7,209 $300,195 $90,000 $210,195
2020 $7,134 $300,195 $90,000 $210,195
2019 $7,015 $300,195 $90,000 $210,195
2018 $6,842 $300,195 $90,000 $210,195
2017 $6,827 $300,195 $90,000 $210,195
2016 $5,959 $199,200 $90,000 $109,200
2015 $5,363 $199,200 $90,000 $109,200
2014 $1,690 $199,200 $90,000 $109,200
Source: Public Records

Agents Affiliated with this Home

  • Bill Bucceri

    Seller's Agent in 2016

    Bill Bucceri

    Coldwell Banker Select - Airport

    (814) 882-6781

    22 in this area

    76 Total Sales

    Bill Bucceri
    Section Image

  • M

    Buyer's Agent in 2016

    Marcey Buckeye Kinkoph

    Howard Hanna Erie Southwest

    (814) 882-5095

    5 in this area

    10 Total Sales

    Marcey Buckeye Kinkoph
    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 49892

Greater Erie Board of REALTORS®

APN: 33-017-078.0-005.00

Pennsylvania Erie County Erie 16505 Millcreek

3415 W Lake Rd, Erie, PA

This home is located at 3415 W Lake Rd, Erie, PA 16505 since 28 March 2016 and is currently estimated at $468,140, approximately $68 per square foot. This property was built in 1928. 3415 W Lake Rd is a home located in Erie County with nearby schools including Westlake Middle School, McDowell High School, and Tracy Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Erie Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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