7121 Water St Fairview, PA 16415

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5 beds · 4 baths · 3,988 sq ft · Lot Size: 80,238 sq ft · Single Family Home
Est. Property Value: $445,705

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7121 Water St 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 1988 and is approximately 37 years old. The single family home spans 3988 sq ft with 5 bedrooms and 4 bathrooms and sits on a 80238 sq ft lot. According to public records, it was last sold in 2013 for $275,000 and has a tax-assessed value of $290,000, which is $112 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7121 Water St Fairview, PA 16415 with Property Intel by Whitepages.

7121 Water St

Fairview, PA 16415

Owner Info

Owners & Occupancy for 7121 Water St

This property is owned by Joseph B Nagle. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

Cell Phone(814) ***-****View Cell Phone
Residence************
Landline(814) 774-8468
Distance from Property**********
Email Address*****************@hotmail.comView Email
OccupationBiotechnology Cte Teacher, School District Of Philadelphia
Cell Phone(814) ***-****View Cell Phone
Residence************
Landline(419) 353-3757
Distance from Property**********
Email Address**********@philasd.orgView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 44
Resident 2********** age 71
Resident 3******************* age 43
Resident 4************* age 72
Resident 5*************** age 71

Property Financials for 7121 Water St

7121 Water St, Fairview, PA has a mortgage from Pnc Mtg (orig. April 19, 2013). The Erie county assessment for 2024 values it at $290,000, with annual taxes of $7,936.

Mortgage & Equity Information

Loan Amount$******
LenderPnc Mtg
Origination DateApril 19, 2013
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateApril 22, 2013
Property Tax Amount$7,936 in 2024
Purchase Price$275,000
Assessed Value$290,000 on 2024

Investment Potential for 7121 Water St

The property has a current estimated value of $445,705, which is 9% below the zip median, based on public records. It last sold on April 22, 2013 for $275K. Projected long-term
is $33,600 annually ($2,800 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 16415.

Long-Term

Gross Rental
$33,600 per year($2,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 16415 zip code
 
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Property Details for 7121 Water St

Property Details

Property Sq Ft

Living Area

3,988 sq ft

63% above market

Lot Size

80,238 sq ft

293% above market

Price Per Sq Ft

Living Area

$112 / sq ft

43% below market

Lot Size Area

$6 / sq ft

74% below market

Property condition, age, exterior, etc. for 7121 Water…
Longitude: -80.230075 Latitude: 42.027637 Parcel Number (APN): 21-064-117.0-002.00…

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Market Benchmarks

Compare data for 7121 Water St in Erie County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$445,705
$390,333
$55,372 (14%)
YoY Price Change
2.36%
218%
Year Built
1988
1973
15 years
Living Space
3,988 sq ft
2,373 sq ft
1615 (68%)
$ Per Living Sq Ft
$112
$171
-$60 (-35%)
Lot Size
80,238 sq ft
15,725 sq ft
64513 (410%)
$ Per Lot Sq Ft
$6
$29
-$23 (-81%)

Net Operating Income
$16,054
$1,874 (12%)
Annual Revenue
$33,600
$29,400
$4,200 (14%)
$12,904
$2,768 (21%)
Net Operating Income
$16,054
$1,874 (12%)
Cap Rate
4.18%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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