5045 Lake Rd
Erie, PA 16511
3 bd 2 ba 1,167 sqft Built 1944 Lot 29,725 sqft single_family
Most recent sale
$126,800
Jan 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $168 | Erie |
| Mar 31, 2022 | Listed | $168,000 | MLS #162544 |
| Jan 19, 2022 | Sold | $126,800 | Public Record |
| Aug 3, 2020 | Sold | $72,000 | Public Record |
| Sep 28, 2015 | Sold | $84,000 | MLS #45446 |
| Jul 23, 2015 | Listed | $89,900 | MLS #45446 |
| Jul 1, 1977 | Sold | $33,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $48,800 | $36,200 | $85,000 | $2,460 |
| 2024 | $48,800 | $36,200 | $85,000 | $2,294 |
| 2023 | $48,800 | $36,200 | $85,000 | $2,179 |
| 2022 | $48,800 | $36,200 | $85,000 | $2,120 |
| 2021 | $48,800 | $36,200 | $85,000 | $2,077 |
| 2020 | $48,800 | $36,200 | $85,000 | $2,008 |
| 2019 | $48,800 | $36,200 | $85,000 | $1,967 |
| 2018 | $48,800 | $36,200 | $85,000 | $1,899 |
| 2017 | $48,800 | $36,200 | $85,000 | $1,880 |
| 2016 | $56,730 | $36,200 | $92,930 | $1,988 |
| 2015 | $56,730 | $36,200 | $92,930 | $1,933 |
| 2014 | $56,730 | $36,200 | $92,930 | $1,877 |
| 2013 | $56,730 | $36,200 | $92,930 | $2,153 |
| 2012 | $45,940 | $31,400 | $77,340 | $1,867 |
| 2011 | $45,940 | $31,400 | $77,340 | $1,827 |
| 2010 | $45,940 | $31,400 | $77,340 | $1,782 |
| 2009 | $45,940 | $31,400 | $77,340 | $1,728 |
| 2008 | $45,940 | $31,400 | $77,340 | $1,670 |
Property facts
Year built
1944
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,167 sqft
Lot size
29,725 sqft
ZIP code
16511
City
Erie
Street
Lake Rd
Coordinates
42.16929, -79.99999
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$761
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5045 Lake Rd last sell?
5045 Lake Rd most recently sold on Jan 19, 2022 for $126,800.
What is the current tax assessment for 5045 Lake Rd?
The most recent total assessment for 5045 Lake Rd (year 2026) is $85,000 with $2,460 in property tax.
How does 5045 Lake Rd's assessment compare to its last sale price?
The current assessment is 33.0% below the last sale price of $126,800.
When was 5045 Lake Rd built?
5045 Lake Rd was built in 1944.
How does 5045 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 5045 Lake Rd?
5045 Lake Rd is a 3 bed, 2 bath, 1,167 sqft, 29,725 sqft lot single_family.
Is 5045 Lake Rd a flip candidate?
Yes — 5045 Lake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5045 Lake Rd a tax-appeal candidate?
No — 5045 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
+4.2%
Implied 1-yr
+16.7%
2026 Q3
$358.4K
2026 Q4
$370.2K
ZIP 16511 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Rd