NOT LISTED FOR SALE

5620 E Lake Rd Erie, PA 16511

Northwest Harborcreek Neighborhood

Estimated Value: $751,000 - $854,000

11 Beds
-- Bath
6,948 Sq Ft
$113/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $650,000 $94 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,336/month

36 Days on Market

About This Home

As of October 2023

(7) Unit Lake front investment. Storage area 20' x 40' / Pole barn 24' x 32'. Units 7 & 8 have garages & central air. (3) Units built in 1945, (2) in 1987, (2) in 1973. FAG in Units #2,3,4,7,8 and HW in Unit 5 & 6. Gas well on property not in use. Zoning ~ Lakefront. Exclusion: tools in storage area & pole barn. Road maintenance shared with adjacent owner.

Last Agent to Sell the Property

Charles Weber

C.R. Weber, REALTORS Brokerage Phone: (814) 453-5804 License #RB028951A Listed on: 08/17/2023

Last Buyer's Agent

Charles Weber

C.R. Weber, REALTORS Brokerage Phone: (814) 453-5804 License #RB028951A Listed on: 08/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,895

Year Built

  • Built in 1973

Lot Details

  • 2.31

Home Design

  • 6,948 Sq Ft Home
  • Frame Construction

Additional Features

  • 11 Bedrooms
  • 2.31 Acre Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-003-008.0-054.00

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $5,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,895

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: East on E. Lake Rd. to E of Cambridge Rd., turn N on private drive for Hidden Cove Cottages & follow to the end of lane. (6.2 Miles East of State St.)
  • Lot Size Acres: 2.314
  • Road Surface Type: Paved
  • Attribution Contact: (814) 453-5804
  • Co List Office Phone: (814) 453-5804
  • MLS Status: Closed
  • Architectural Style: Other
  • Living Area: 6948.0
  • Year Built Details: Estimate
  • Year Built: 1973
  • Tax Year: 2023
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Total Bedrooms: 11

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Cooling: See Remarks
  • Heating: Gas, Multi-Fuel
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Insurance Expense: 1200.0
  • Annual Water Sewer Expense: 5577.0

Schools

  • Junior High Dist: Harborcreek

Lot Info

  • Parcel Number: 27-003-008.0-054.00
  • Lot Dimensions: 0x0x0x00
  • ResoLotSizeUnits: Acres
  • Zoning Description: See Remarks
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 11895.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Dovey Eunice A
Bought by
Greiner Paul E and Greiner Becky J
Current Estimated Value
$788,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$102,304
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$627,937

Purchase Details

Closed on
Oct 8, 2005
Sold by
Greiner Frank L
Bought by
Dovey Eunice A and Greiner Frank L

Purchase Details

Closed on
Apr 8, 1985
Sold by
Not Provided
Bought by
Greiner Frank L
Source: Public Records

Range of Values:

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Average Value
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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
Greiner Paul E $120,000 None Listed On Document
Dovey Eunice A -- None Available
Greiner Frank L $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greiner Paul E $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $650,000 0.0% $94 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $650,000 -- $94 / 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 $12,505 $451,500 $237,500 $214,000
2024 $12,189 $451,500 $237,500 $214,000
2023 $11,575 $451,500 $237,500 $214,000
2022 $11,263 $451,500 $237,500 $214,000
2021 $11,038 $451,500 $237,500 $214,000
2020 $10,667 $451,500 $237,500 $214,000
2019 $10,451 $451,500 $237,500 $214,000
2018 $10,089 $451,500 $237,500 $214,000
2017 $9,990 $451,500 $237,500 $214,000
2016 $11,837 $451,500 $237,500 $214,000
2015 $11,724 $451,500 $237,500 $214,000
2014 $4,888 $451,500 $237,500 $214,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Charles Weber

    C.R. Weber, REALTORS

    (814) 450-5199

    1 in this area

    42 Total Sales

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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 170676

Greater Erie Board of REALTORS®

APN: 27-003-008.0-054.00

Pennsylvania Erie County Erie 16511 Northwest Harborcreek

5620 E Lake Rd, Erie, PA

This home is located at 5620 E Lake Rd, Erie, PA 16511 since 17 August 2023 and is currently estimated at $788,134, approximately $113 per square foot. This property was built in 1973. 5620 E Lake Rd is a home located in Erie County with nearby schools including Harbor Creek Senior High School, Harbor Creek Christian School, and Harborcreek Youth Services.

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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