NOT LISTED FOR SALE

5650 Wattsburg Rd Erie, PA 16509

Millcreek Neighborhood

Estimated Value: $5,491,853

-- Bed
-- Bath
50,645 Sq Ft
$108/Sq Ft Est. Value

About This Home

This home is located at 5650 Wattsburg Rd, Erie, PA 16509 and is currently estimated at $5,491,853, approximately $108 per square foot. 5650 Wattsburg Rd is a home located in Erie County with nearby schools including Belle Valley Elementary School, McDowell High School, and James S. Wilson Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Transportation Investment Group Lp
Bought by
5650 Wattsburg Road Llc
Current Estimated Value
$5,491,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Outstanding Balance
$4,770,407
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$721,446

Purchase Details

Closed on
May 9, 2007
Sold by
Transportation Investment Group
Bought by
Transportation Investment Group Lp

Purchase Details

Closed on
May 13, 2002
Sold by
Greater Erie Industrial Development Corp
Bought by
Transportation Investment Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,128,000
Interest Rate
6.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
5650 Wattsburg Road Llc -- None Listed On Document
Transportation Investment Group Lp -- None Available
Transportation Investment Group -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5650 Wattsburg Road Llc $4,800,000
Closed 5650 Wattsburg Road Llc $4,800,000
Previous Owner Transportation Investment Group $6,128,000
Source: Public Records

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 $81,284 $2,957,600 $467,200 $2,490,400
2024 $79,158 $2,957,600 $467,200 $2,490,400
2023 $74,725 $2,957,600 $467,200 $2,490,400
2022 $71,796 $2,957,600 $467,200 $2,490,400
2021 $71,024 $2,957,600 $467,200 $2,490,400
2020 $70,284 $2,957,600 $467,200 $2,490,400
2019 $69,116 $2,957,600 $467,200 $2,490,400
2018 $67,411 $2,957,600 $467,200 $2,490,400
2017 $67,263 $2,957,600 $467,200 $2,490,400
2016 $80,359 $2,957,600 $467,200 $2,490,400
2015 $79,619 $2,957,600 $467,200 $2,490,400
2014 $25,091 $2,957,600 $467,200 $2,490,400
Source: Public Records

Map

Pennsylvania Erie County Erie 16509 Millcreek

5650 Wattsburg Rd, Erie, PA

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