NOT LISTED FOR SALE

9852 W Lake Rd Lake City, PA 16423

Estimated Value: $740,949

4 Beds
3.5 Baths
4,475 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $620,000 $139 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,596/month

820 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Enclosed patio or porch
  • 17.21 Acre Lot
  • 4 Fireplaces
  • Gazebo

About This Home

As of October 2020

Grand Lakefront Estate Exemplifies The Epitome Of Lake Access W/Driving Path To The 230' Beachfront! A 4000 Sf Carriage House Has Potential Liv Space + Bays For Cars/Rv/Toys. Extraordinaire Hm Features Gourmet Kit W/Gaggenau & Sub Zero Appliances, 1St Floor Master, Walkout LL W/Exercise/5Th Br, Yr Rd Grilling in 2nd Kitchen; Generator. Taxes based on Clean/Green Taxable Assessment, totaling $619,200 vs $851,800!! Savings of approximately $7,000 taxes per year!! Gazebo overlooking Lake Views!!

Last Agent to Sell the Property

Phyllis Turner

Howard Hanna Erie Airport License #RS115178A Listed on: 05/22/2018

Co-Listed By

Sandra Jarecki

Howard Hanna Erie Airport License #RS193453L

Last Buyer's Agent

Charles Weber

C.R. Weber, REALTORS License #RB028951A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,448

Year Built

  • Built in 1993

Lot Details

  • 17.21 Acre Lot
  • Lake Front
  • Zoning described as F-1

Parking

  • 8 Car Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 4,475 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Lake Views
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch
  • Gazebo
  • Outdoor Gas Grill

Utilities

  • Dehumidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 24-004-007.0-010.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,448

Year Built

Built in 1993

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: West On W Lake Rd (8 Miles From Airport) North Aide Of Rd, Stone Pillars At Start Of Driveway
  • Lot Size Acres: 17.211
  • Road Surface Type: Paved
  • View Type:Pond View: Lake
  • Co List Office Mls Id: HANN01
  • Co List Office Phone: (814) 833-1000
  • Co List Office Phone: (814) 833-1000
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Living Area: 4475.0
  • Year Built Details: Actual
  • Year Built: 1993
  • Tax Year: 2019
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1993

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Other Equipment: Dehumidifier, Satellite Dish
  • Basement: Exterior Entry, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Home Warranty: No
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Covered Patio, Gas Grill, Paved Driveway
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch

Garage/Parking

  • Garage Spaces: 8.0
  • Parking Features: See Remarks

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Junior High Dist: Girard

Lot Info

  • Parcel Number: 24-004-007.0-010.03
  • Lot Dimensions: 0x0x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: F-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15448.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Oct 16, 2020
Sold by
Ferrando Robert A and Ferrando Dorothy C
Bought by
Riesenberg Steven J and Riesenberg Michelle W
Seller's Agent
Phyllis Turner
Howard Hanna Erie Airport
Buyer's Agent
Charles Weber
C.R. Weber, REALTORS
List Price
$1,200,000
Sold Price
$620,000
Premium/Discount to List
-$580,000
-48.33%
Current Estimated Value
$740,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,949
Original Mortgage
$496,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Sales Bob Fernando Ford Lincoln Mercury
Bought by
Ferrando Robert A and Ferrando Dorothy C
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
Riesenberg Steven J $620,000 None Available
Ferrando Robert A $25,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riesenberg Steven J $1,602,500
Closed Riesenberg Steven J $250,000
Closed Riesenberg Steven J $496,000
Previous Owner Ferrando Robert A $700,000
Previous Owner Ferrando Robert A $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $620,000 -31.0% $139 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
09/09/2019 09/09/19 Price Changed $899,000 -25.1% $201 / Sq Ft
05/21/2018 05/21/18 For Sale $1,200,000 -- $268 / 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 $18,483 $619,200 $158,500 $460,700
2024 $17,678 $619,200 $158,500 $460,700
2023 $16,223 $619,200 $158,500 $460,700
2022 $15,802 $619,200 $158,500 $460,700
2021 $15,604 $851,800 $391,100 $460,700
2020 $15,449 $851,800 $391,100 $460,700
2019 $5,246 $851,800 $391,100 $460,700
2018 $14,367 $851,800 $391,100 $460,700
2017 $13,995 $619,200 $158,500 $460,700
2016 $16,184 $619,200 $158,500 $460,700
2015 $16,029 $619,200 $158,500 $460,700
2014 $6,682 $619,200 $158,500 $460,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Phyllis Turner

    Howard Hanna Erie Airport

  • Sandra Jarecki

    Seller Co-Listing Agent in 2020

    Sandra Jarecki

    Howard Hanna Erie Airport

    (814) 450-1886

    3 in this area

    121 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Charles Weber

    C.R. Weber, REALTORS

    (814) 450-5199

    1 in this area

    42 Total Sales

    Section Image
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Map

Source: Greater Erie Board of REALTORS®

MLS Number: 126361

Greater Erie Board of REALTORS®

APN: 24-004-007.0-010.03

Pennsylvania Erie County Lake City 16423

9852 W Lake Rd, Lake City, PA

This home is located at 9852 W Lake Rd, Lake City, PA 16423 since 22 May 2018 and is currently priced at $740,949, approximately $165 per square foot. This property was built in 1993. 9852 W Lake Rd is a home located in Erie County with nearby schools including Elk Valley Elementary School, Rice Avenue Middle School, and Girard High 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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