7700 Magnolia Bnd Fairview, PA 16415

4 beds · 2 baths · 2,236 sq ft · Lot Size: 12,158 sq ft · Single Family Home
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7700 Magnolia Bnd 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 2018 and is approximately 7 years old. The single family home spans 2236 sq ft with 4 bedrooms and 2 bathrooms and sits on a 12158 sq ft lot. According to public records, it was last sold in 2021 for $390,000. Analyze and compare real estate investment strategies for properties like this home at 7700 Magnolia Bnd Fairview, PA 16415 with Property Intel by Whitepages.

Investment Potential for 7700 Magnolia Bnd

The property has a current estimated value of $425,642, which is 6% above the zip median, based on public records. It last sold on November 01, 2021 for $390K. Projected long-term
is $32,400 annually ($2,700 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$32,400 per year($2,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 16415 zip code
 
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Owners & Occupancy for 7700 Magnolia Bnd

This property is owned by Oleh Miroshnyk. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Cell Phone(814) ***-****
Residence************
Landline(814) 835-6904
Distance from Property**********
Email Address********@hotmail.com

Property Ownership Information

Purchase DateNovember 01, 2021
Property Tax Amount$7,821 in 2024
Purchase Price$390,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*****************
Resident 2***************** age 56
Resident 3**************

Property Details for 7700 Magnolia Bnd

Property Details

Property Sq Ft

Living Area

2,236 sq ft

Compare to 16415

Lot Size

12,158 sq ft

Compare to 16415

Price Per Sq Ft

Living Area

$190 / sq ft

Compare to 16415

Lot Size Area

$35 / sq ft

Compare to 16415
Property condition, age, exterior, etc. for 7700 Magno…
Longitude: -80.25677 Latitude: 42.021966 Parcel Number (APN): 21-083-023.4-027.00…
Mortgage originated on through lender: Reliance First Cap Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 7700 Magnolia Bnd in Erie County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$425,642
$412,779
$12,862 (3%)
$645,845
-$60,329 (-9%)
YoY Price Change
2.36%
108%
Year Built
2018
1973
45 years
Living Space
2,236 sq ft
2,373 sq ft
-137 (-6%)
$ Per Living Sq Ft
$190
$183
$7 (4%)
Lot Size
12,158 sq ft
15,725 sq ft
-3567 (-23%)
$ Per Lot Sq Ft
$35
$33
$2 (6%)

Net Operating Income
$16,957
$192 (1%)
Annual Revenue
$32,400
$30,000
$2,400 (8%)
$12,246
$3,005 (25%)
Net Operating Income
$16,957
$192 (1%)
Cap Rate
4.02%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians