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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Garden apartment buildings
3725 Amherst Rd 29, Erie, PA 16506-2811
Individually Owned
2-yr Hold
Free & Clear
Property ID
US73-2555604
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
5,760 SF
Lot
0.47 ac (20,582 SF)
Zoning code
AR
APN
33-077-336.0-007.00
UPID
US73-2555604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$545k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$620k
Owner & transaction history
Mary Margorien · 2 yrs held
Mary Margorien
since 2023
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
AR · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$615,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$590,000
6.5%
$545,000
7%
$505,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $625k (Jul 6 2023)
Last sale anchor
$625k
Jul 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,632
Tax year 2023
Assessed value
$372,400
Assessed 2024
Previous assessed
$372,400
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$92,600
Assessed improvement
$279,800
Land market value
$92,600
Improvement market value
$279,800
Total market value
$372,400
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
3
Rooms
6
Bathrooms
3
Total area
5,760 SF
Lot
0.47 ac (20,582 SF)
Zoning code
AR
APN
33-077-336.0-007.00
UPID
US73-2555604
Jurisdiction
ERIE
Zoning & alternative use
AR · Erie, PA
Zoning AR · permitted uses
AR · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Rooms
6
Bathrooms
3
Lot
0.47 ac
Current owner
From public records · entity-resolved
Mary Margorien
Individual
Free & Clear · 2 yrs held
Mailing address
3342 W 42ND ST, ERIE, PA 16506-4226
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
$625,000
Mary Margorien
Ricky J Taraszki
Warranty Deed
—
Apr 27, 2011
—
Ricky J Taraszki
Taraszki,ricky J & Cynthia A
Quit Claim Deed
related
—
May 15, 2003
—
Ricky J Taraszki
Taraszki,ricky J & Sandrina J
Quit Claim Deed
related
—
—
—
Ricky J Taraszki
—
Deed Of Trust
related
$166,378 · National City Bank Pennsylvani
—
—
Ricky J Taraszki
—
Deed Of Trust
related
$180,000 · Marquette Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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