3861 Fairview Ct Fairview, PA 16415

4 beds · 2 baths · 1,998 sq ft · Lot Size: 14,680 sq ft · Single Family Home
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3861 Fairview 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 1983 and is approximately 42 years old. The single family home spans 1998 sq ft with 4 bedrooms and 2 bathrooms and sits on a 14680 sq ft lot. According to public records, it was last sold in 2023 for $325,000. Analyze and compare real estate investment strategies for properties like this home at 3861 Fairview Ct Fairview, PA 16415 with Property Intel by Whitepages.

Investment Potential for 3861 Fairview Ct

The property has a current estimated value of $247,934, which is 38% below the zip median, based on public records. It last sold on August 31, 2023 for $325K. Projected long-term
is $28,800 annually ($2,400 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 16415 zip code
 
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Owners & Occupancy for 3861 Fairview Ct

This property is owned by Jamie L Reinhardt. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(814) ***-****
Residence************
Landline(702) 739-9963+ 1 more
Distance from Property**********
Email Address********@live.com

Property Ownership Information

Purchase DateAugust 31, 2023
Property Tax Amount$4,513 in 2024
Purchase Price$325,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 39
Resident 2******************
Resident 3*************** age 67

Property Details for 3861 Fairview Ct

Property Details

Property Sq Ft

Living Area

1,998 sq ft

Compare to 16415

Lot Size

14,680 sq ft

Compare to 16415

Price Per Sq Ft

Living Area

$124 / sq ft

Compare to 16415

Lot Size Area

$17 / sq ft

Compare to 16415
Property condition, age, exterior, etc. for 3861 Fairv…
Longitude: -80.259277 Latitude: 42.031357 Parcel Number (APN): 21-078-001.0-025.00…
Mortgage originated on through lender: Marquette Svgs Bk for$******View Mortgage Details
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Recommended Properties in 16415

Discover more single family homes near 3861 Fairview Ct in Fairview, Pennsylvania. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 3861 Fairview Ct in Erie County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$247,934
$412,779
-$164,845 (-40%)
$645,845
-$304,785 (-47%)
YoY Price Change
2.36%
-525%
Year Built
1983
1973
10 years
Living Space
1,998 sq ft
2,373 sq ft
-375 (-16%)
$ Per Living Sq Ft
$124
$183
-$59 (-32%)
Lot Size
14,680 sq ft
15,725 sq ft
-1045 (-7%)
$ Per Lot Sq Ft
$17
$33
-$16 (-49%)

Net Operating Income
$16,957
$1,662 (10%)
Annual Revenue
$28,800
$30,000
-$1,200 (-4%)
$12,246
-$2,065 (-17%)
Net Operating Income
$16,957
$1,662 (10%)
Cap Rate
4.02%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians