1601 Elleway Ct Fairview, PA 16415

4 beds · 2 baths · 2,996 sq ft · Lot Size: 27,103 sq ft · Single Family Home
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1601 Elleway Ct is in the 16415 neighborhood of Fairview, PA. It is located in Erie County and ZIP code 16415. This Single Family Home was built in 2002 and is approximately 23 years old. The single family home spans 2996 sq ft with 4 bedrooms and 2 bathrooms and sits on a 27103 sq ft lot. According to public records, it was last sold in 2021 for $450,000. Analyze and compare real estate investment strategies for properties like this home at 1601 Elleway Ct Fairview, PA 16415 with Property Intel by Whitepages.

Investment Potential for 1601 Elleway Ct

The property has a current estimated value of $523,333, which is 31% above the zip median, based on public records. It last sold on April 27, 2021 for $450K. Projected long-term
is $35,400 annually ($2,950 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 16415 zip code
 
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Owners & Occupancy for 1601 Elleway Ct

This property is owned by Kelly G Holland. Owner contact information includes 6 phone numbers and 1 email address.

Property Owners

Cell Phone(814) ***-****
Residence************
Landline(814) 838-3026+ 2 more
Distance from Property**********
Email Address*****************@gmail.com
Residence************
Landline(814) 838-3026+ 1 more
Distance from Property**********

Property Ownership Information

Purchase DateApril 27, 2021
Property Tax Amount$9,452 in 2024
Purchase Price$450,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 37
Resident 2********************* age 38
Resident 3**************

Property Details for 1601 Elleway Ct

Property Details

Property Sq Ft

Living Area

2,996 sq ft

Compare to 16415

Lot Size

27,103 sq ft

Compare to 16415

Price Per Sq Ft

Living Area

$175 / sq ft

Compare to 16415

Lot Size Area

$19 / sq ft

Compare to 16415
Property condition, age, exterior, etc. for 1601 Ellew…
Longitude: -80.239417 Latitude: 42.060623 Parcel Number (APN): 21-022-011.0-182.40…
Mortgage originated on through lender: Marquette Svgs Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 1601 Elleway Ct in Erie County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$523,333
$412,779
$110,554 (27%)
$645,845
$74,056 (11%)
YoY Price Change
2.36%
-181%
Year Built
2002
1973
29 years
Living Space
2,996 sq ft
2,373 sq ft
623 (26%)
$ Per Living Sq Ft
$175
$183
-$9 (-5%)
Lot Size
27,103 sq ft
15,725 sq ft
11378 (72%)
$ Per Lot Sq Ft
$19
$33
-$14 (-41%)

Net Operating Income
$16,957
$454 (3%)
Annual Revenue
$35,400
$30,000
$5,400 (18%)
$12,246
$5,743 (47%)
Net Operating Income
$16,957
$454 (3%)
Cap Rate
4.02%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians