NOT LISTED FOR SALE

North East, PA 16428

Estimated Value: $1,154,227

5 Beds
8 Baths
7,070 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $700,000 $99 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,259/month

66 Days on Market

Highlights

  • Barn
  • Lake View
  • Deck
  • In Ground Pool
  • 81.2 Acre Lot
  • Wood Flooring

About This Home

As of May 2016

Three Story Estate W/81 Acres Of Prime Land In Ne. 7000+ Sq Ft,20 Rms W/Soaring Ceilings, Windows, Verandas W/Precious Lake Erie Views! Features:5-6 Brs, 6.2 Tiled Ba's, Chefs Kit, Incredible Mbr Stuite, 16 Seat Hm Theater, 1 Acre Pond, 3 Stable Barn; 21 Acres/Produce Grapes. Newly Assessed .Clean & Green Program W/Reduce Taxes

Last Agent to Sell the Property

Kathe Rafferty

Howard Hanna Erie Airport License #RS091312L Listed on: 01/04/2016

Howard Hanna Erie Airport

Last Buyer's Agent

Douglas Bemiss

Bemiss Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,221

Year Built

  • Built in 1990

Lot Details

  • 81.2 Acre Lot
  • Fenced
  • Zoning described as A-1

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Stone

Interior Spaces

  • 7,070 Sq Ft Home
  • Sound System
  • 3 Fireplaces
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed patio or porch

Farming

  • Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37-030-116.0-006.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,221

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Directions: I-90 To North East, 89 Exit, North To Law Road, East To End, East On Shadduck To House
  • Lot Size Acres: 81.2
  • Road Surface Type: Paved
  • View Type:Pond View: Lake
  • Co List Office Phone: (814) 833-1000
  • MLS Status: Closed
  • Living Area: 7070.0
  • Year Built: 1990
  • Tax Year: 2016
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Oven, Gas Range, Microwave, Other, Refrigerator, Dryer, Washer
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: In Ground
  • View: Yes
  • Construction Type: Frame, Stone
  • Exterior Features: Covered Patio, Deck, Fence, Pool, Porch, Sound System
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Oversized, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: North East

Lot Info

  • Parcel Number: 37-030-116.0-006.03
  • Lot Dimensions: 0x0x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 13, 2016
Sold by
Lochbaum Carolyn A
Bought by
Bemiss Roy W and Bemiss Heidi E
Seller's Agent
Kathe Rafferty
Howard Hanna Erie Airport
Buyer's Agent
Douglas Bemiss
Bemiss Agency
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Current Estimated Value
$1,154,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,227
Avg. Annual Appreciation
5.41%
Original Mortgage
$143,000
Interest Rate
3.58%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2000
Sold by
Lochbaum Kenneth L and Lochbaum Carolyn A
Bought by
Lochbaum Kenneth L and Lochbaum Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.21%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Edenridge Farms Inc
Bought by
Lochbaum Kenneth L and Lochbaum Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.21%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Bowser Mark A
Bought by
Lochbaum Kenneth L and Lochbaum Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.9%
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
Bemiss Roy W $700,000 None Available
Lochbaum Kenneth L -- --
Lochbaum Kenneth L $74,000 --
Lochbaum Kenneth L $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bemiss Roy W $145,000
Closed Bemiss Roy W $143,000
Open Bemiss Roy W $417,000
Previous Owner Lochbaum Kenneth L $600,000
Previous Owner Lochbaum Kenneth L $100,000
Previous Owner Lochbaum Kenneth L $227,150
Closed Lochbaum Kenneth L $252,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $700,000 -9.7% $99 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $775,000 -- $110 / 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 $11,264 $473,000 $36,000 $437,000
2024 $10,975 $473,000 $36,000 $437,000
2023 $10,398 $473,000 $36,000 $437,000
2022 $10,138 $473,000 $36,000 $437,000
2021 $10,011 $725,000 $288,000 $437,000
2020 $9,892 $725,000 $288,000 $437,000
2019 $9,892 $725,000 $288,000 $437,000
2018 $9,684 $725,000 $288,000 $437,000
2017 $9,561 $473,000 $36,000 $437,000
2016 $19,855 $725,000 $288,000 $437,000
2015 $21,037 $911,830 $288,000 $623,830
2014 $10,006 $911,830 $288,000 $623,830
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathe Rafferty

    Howard Hanna Erie Airport

    (814) 881-4340

    34 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Douglas Bemiss

    Bemiss Agency

See All Agents

Source: Greater Erie Board of REALTORS®

MLS Number: 48560

Greater Erie Board of REALTORS®

APN: 37-030-116.0-006.03

Pennsylvania Erie County North East

16428

This home since 04 January 2016 and is currently estimated at $1,154,227, approximately $163 per square foot. This property was built in 1990. This home is a home located in Erie County with nearby schools including Earle C. Davis Primary School, North East Intermediate Elementary School, and North East Middle School.

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