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    Property profile & analytics

    2001 Pearl St, Unit 2007 North East, PA 16428-1902

    • Garden apartment buildings
    • 11,442 SF
    • 5.11 lot acres
    OFF-MARKET
    Value Estimation
    $4,260,000
    Last Sale
    Nov 03, 2023
    $4,000,000
    Location Intelligence
    Property ID
    US73-0832971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Granite Ridge Apartments / Apartment Complex

    Property Details for 2001 Pearl St

    Year built
    1999
    Construction
    FRAME
    Lot size
    5.11 lot acres
    Property size
    11,442 SF
    Zone code
    R2
    Property type
    Garden apartment buildings
    APN
    37-005-052.0-001.02
    APU
    37005052000102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,875,000
      6.5%
      $4,195,000
      7%
      $4,290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,355,000
      Geo Method
      $3,615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,090,000
      Retail
      $4,610,000
      Mixed-Use
      $4,675,000
      Hospitality
      $4,620,000
      Educational
      $3,785,000
      Residential Income
      $3,795,000
      Energy
      $3,835,000
      Income-Based Land
      $3,790,000
      Food Service
      $4,930,000

    Location Insight

    • Map
    • Local Demand
    City
    North East
    County
    Erie
    State
    Pennsylvania
    Longitude
    -79.8371
    Latitude
    42.2222
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $222,600
    $1,425,400
    $1,648,000
    -
    $222,600
    $1,425,400
    $1,648,000

    Comparable in this City

    • Value Estimation
      $405,000
      5,100 SF

      18 Ml St

      GARDEN APT, COURT APT (5+ UNITS) • 5,100 SF
      18 Ml St, North East, PA 16428-1061
      View Details
    • Value Estimation
      $580,000
      9,828 SF

      246 Washington St

      GARDEN APT, COURT APT (5+ UNITS) • 9,828 SF
      246 Washington St, North East, PA 16428-1613
      View Details
    • Value Estimation
      $780,000
      12,422 SF

      150 Lakeside Dr

      GARDEN APT, COURT APT (5+ UNITS) • 12,422 SF
      150 Lakeside Dr, North East, PA 16428-3183
      View Details
    • Value Estimation
      $245,000
      13,140 SF

      47 Ww St

      GARDEN APT, COURT APT (5+ UNITS) • 13,140 SF
      47 Ww St, North East, PA 16428-1145
      View Details
    • Value Estimation
      $410,000
      7,672 SF

      66 Clinton St

      GARDEN APT, COURT APT (5+ UNITS) • 7,672 SF
      66 Clinton St, North East, PA 16428-1154
      View Details
    • Value Estimation
      $325,000
      4,988 SF

      17 Division St

      GARDEN APT, COURT APT (5+ UNITS) • 4,988 SF
      17 Division St, North East, PA 16428-1320
      View Details

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    North East, PA 16428-1902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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