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    Property profile & analytics

    5214 Lk Pleasant Rd Erie, PA 16509-3836

    • Investment properties
    • 3,658 SF
    • 5.56 lot acres
    OFF-MARKET
    Value Estimation
    $105,000
    Last Sale
    Jul 08, 2021
    $136,500
    Location Intelligence
    Property ID
    US73-2284188
    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

    • Investment properties

    Property Details for 5214 Lk Pleasant Rd

    Year built
    1887
    Construction
    FRAME
    Lot size
    5.56 lot acres
    Property size
    3,658 SF
    Zone code
    AR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    33-115-495.0-035.00
    APU
    33115495003500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0386
    Latitude
    42.0959
    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
    $5,962
    $50,200
    $180,300
    $230,500
    -
    $50,200
    $180,300
    $230,500

    Comparable in this City

    • Value Estimation
      $120,000
      2,836 SF

      1745 Grandview Blvd

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      View Details
    • Value Estimation
      $160,000
      2,302 SF

      5745 Timbercreek Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,302 SF
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      View Details
    • Value Estimation
      $340,000
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      706 10th W 39th St

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      View Details
    • Value Estimation
      $320,000
      2,766 SF

      30 Academy Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,766 SF
      30 Academy Ave, Erie, PA 16509-5201
      View Details
    • Value Estimation
      $235,000
      4,184 SF

      4344 Peach St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,184 SF
      4344 Peach St, Erie, PA 16509-1443
      View Details
    • Value Estimation by Request
      4,476 SF

      8191 Peach St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,476 SF
      8191 Peach St, Erie, PA 16509-4716
      View Details

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    5214 Lk Pleasant Rd
    Erie, PA 16509-3836
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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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