7010 W Lake Rd Fairview, PA 16415

3 beds · 2 baths · 1,621 sq ft · Lot Size: 30,348 sq ft · Single Family Home
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7010 W Lake Rd 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 1994 and is approximately 31 years old. The single family home spans 1621 sq ft with 3 bedrooms and 2 bathrooms and sits on a 30348 sq ft lot. According to public records, it was last sold in 2018 for $235,000. Analyze and compare real estate investment strategies for properties like this home at 7010 W Lake Rd Fairview, PA 16415 with Property Intel by Whitepages.

Investment Potential for 7010 W Lake Rd

The property has a current estimated value of $268,843, which is 6% above the zip median, based on public records. It last sold on March 30, 2018 for $235K. Projected long-term
is $27,600 annually ($2,300 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 16415 zip code
 
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Owners & Occupancy for 7010 W Lake Rd

This property is owned by Gina M Proper. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(814) ***-****
Residence************
Landline(813) 986-5677+ 6 more
Distance from Property**********
Email Address**************@gmail.com

Property Ownership Information

Purchase DateMarch 30, 2018
Property Tax Amount$5,105 in 2024
Purchase Price$235,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 65
Resident 2************** age 42

Property Details for 7010 W Lake Rd

Property Details

Property Sq Ft

Living Area

1,621 sq ft

Compare to 16415

Lot Size

30,348 sq ft

Compare to 16415

Price Per Sq Ft

Living Area

$166 / sq ft

Compare to 16415

Lot Size Area

$9 / sq ft

Compare to 16415
Property condition, age, exterior, etc. for 7010 W Lak…
Longitude: -80.248112 Latitude: 42.055214 Parcel Number (APN): 21-016-011.0-149.08…
Mortgage originated on through lender: Secretary/hsng & Urban Dev for$*****View Mortgage Details
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Market Benchmarks

Compare data for 7010 W Lake Rd in Erie County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$268,843
$243,601
$25,242 (10%)
$404,469
-$34,646 (-9%)
YoY Price Change
2.5%
-232%
Year Built
1994
1957
37 years
Living Space
1,621 sq ft
1,451 sq ft
170 (12%)
$ Per Living Sq Ft
$166
$168
-$2 (-1%)
Lot Size
30,348 sq ft
8,712 sq ft
21636 (248%)
$ Per Lot Sq Ft
$9
$38
-$29 (-77%)

Net Operating Income
$16,161
$678 (4%)
Annual Revenue
$27,600
$24,600
$3,000 (12%)
$8,083
$2,678 (33%)
Net Operating Income
$16,161
$678 (4%)
Cap Rate
6.34%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians