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Financial
Distress signals
Property profile

724 Sassafras St Erie, PA 16501

OFF-MARKET
Investment properties
Property ID
US73-0606244
5,800 SF 0.06 ac lot Built 1898
Last sale Oct 2009 · $914,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$141k
Assessed land$19k
Assessed improvement$121k

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 169 recorded sales of this use type
Observed band · Q1–Q3$28 – $65
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RLB
RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally l...
General categoryINDUSTRIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.3
Catering Service8.9
Watch Repair Shop8.8

Location

724 Sassafras St Erie, PA 16501-1036
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
145 11th, Erie, PA 16501-1722 $300,000 Mar 2025 8,010 SF
731 French, Erie, PA 16501-1207 $256,000 Aug 2024 3,210 SF
265 10th, Erie, PA 16501-1431 $198,000 Sep 2023 3,858 SF
219 7th, Erie, PA 16501-1601 $230,000 Jun 2022 4,950 SF
254 9th, Erie, PA 16501-1319 $251,000 May 2020 7,132 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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