1136-42 Lake Rd
Erie, PA 16507
5 bd 9 ba 8,736 sqft Built 1917 Lot 11,326 sqft multi_family
Most recent sale
$185,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $185,000 | MLS #162531 |
| Apr 1, 2022 | Listed | $224,900 | MLS #162531 |
| Dec 11, 2017 | Sold | $149,900 | MLS #113907 |
| Aug 22, 2017 | Listed | $169,900 | MLS #113907 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $147,100 | $12,100 | $159,200 | $6,506 |
| 2024 | $147,100 | $12,100 | $159,200 | $6,159 |
| 2023 | $147,100 | $12,100 | $159,200 | $5,983 |
| 2022 | $147,100 | $12,100 | $159,200 | $5,858 |
| 2021 | $147,100 | $12,100 | $159,200 | $5,776 |
| 2020 | $147,100 | $12,100 | $159,200 | $5,736 |
| 2019 | $147,100 | $12,100 | $159,200 | $5,436 |
| 2018 | $147,100 | $12,100 | $159,200 | $5,374 |
| 2017 | $147,100 | $12,100 | $159,200 | $5,362 |
| 2016 | $147,100 | $12,100 | $159,200 | $5,322 |
| 2015 | $147,100 | $12,100 | $159,200 | $5,285 |
| 2014 | $147,100 | $12,100 | $159,200 | $5,158 |
| 2013 | $147,100 | $12,100 | $159,200 | $5,499 |
| 2012 | $131,600 | $12,100 | $143,700 | $5,310 |
| 2011 | $131,600 | $12,100 | $143,700 | $4,967 |
| 2010 | $131,600 | $12,100 | $143,700 | $4,967 |
| 2009 | $131,600 | $12,100 | $143,700 | $4,881 |
| 2008 | $131,600 | $12,100 | $143,700 | $4,845 |
Property facts
Year built
1917
Property type
multi_family
Stories
2
Beds
5
Baths
9
Living area
8,736 sqft
Lot size
11,326 sqft
ZIP code
16507
City
Erie
Street
Lake Rd
Coordinates
42.13946, -80.05990
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1136-42 Lake Rd last sell?
1136-42 Lake Rd most recently sold on May 6, 2022 for $185,000.
What is the current tax assessment for 1136-42 Lake Rd?
The most recent total assessment for 1136-42 Lake Rd (year 2026) is $159,200 with $6,506 in property tax.
How does 1136-42 Lake Rd's assessment compare to its last sale price?
The current assessment is 13.9% below the last sale price of $185,000.
When was 1136-42 Lake Rd built?
1136-42 Lake Rd was built in 1917.
How does 1136-42 Lake Rd compare to others on Lake Rd?
We track 8 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1136-42 Lake Rd?
1136-42 Lake Rd is a 5 bed, 9 bath, 8,736 sqft, 11,326 sqft lot multi_family.
Is 1136-42 Lake Rd a flip candidate?
No — 1136-42 Lake Rd does not appear in our flips dataset.
Is 1136-42 Lake Rd a tax-appeal candidate?
No — 1136-42 Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-10.9%
Implied 1-yr
-43.7%
2026 Q1
$62.2K
2026 Q2
$59.9K
ZIP 16507 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Rd