Business Details
35 Years
experience
Expert Real Estate Appraisal Services in Erie, PA
Founded in 1991, Sammartino, Stout & Lo Presti has established itself as a trusted leader in real estate appraisal services across Pennsylvania, Ohio, and New York. Our team of MAI Designated appraisers brings decades of combined experience, specializing in commercial, multi-family, and special use properties. We deliver impartial, narrative appraisal reports tailored to mortgage financing, tax appeals, condemnation cases, and estate planning. Our expertise extends to complex assignments requiring adherence to Uniform Appraisal Standards for Federal Land Acquisition and other regulatory frameworks.With a focus on accuracy and reliability, we provide litigation support, market studies, and expert witness testimony. Our commitment to rigorous education, supervised training, and continuing professional development ensures clients receive valuations that reflect the latest industry standards. We serve diverse clients including financial institutions, developers, attorneys, and property owners, maintaining a strong reputation for integrity and technical excellence in every appraisal we produce.
Services
Commercial Appraisals
Multi-family Appraisals
Special Use Appraisals
Tax Appeal Appraisals
Condemnation Appraisals
Estate Planning Appraisals
Going Concern Valuations
Reassessment Services
Industrial Property Appraisals
Retail Property Valuations
Details
- Year established: 1991
Highlights and features
- We offer 35+ years of experience in tri-state real estate appraisals.
- Our team includes MAI Designated appraisers with specialized condemnation expertise.
- We provide detailed litigation support and expert witness testimony.
- Our appraisals adhere to Uniform Appraisal Standards for Federal Land Acquisition.
- We maintain rigorous continuing education to ensure up-to-date valuation practices.
Associations and certifications
- Appraisal Institute
Services
Commercial Appraisals
We provide detailed commercial real estate appraisals for office buildings, retail centers, and industrial facilities. Our MAI Designated appraisers analyze market trends, property condition, and income potential to deliver accurate valuations. These reports support mortgage financing, tax appeals, and litigation cases across the tri-state region.
Tax Appeal Appraisals
Our tax appeal specialists develop court-ready appraisals to challenge property assessments. Using retrospective analysis and local market data, we identify valuation discrepancies. With decades of testimony experience, we help clients reduce property tax burdens through formal appeal processes in Pennsylvania counties.
Condemnation Appraisals
We conduct condemnation appraisals for property owners and government agencies under Uniform Relocation Assistance Act guidelines. Our team evaluates 'before and after' value impacts from land acquisition. These reports support fair compensation negotiations and litigation in western Pennsylvania.
Special Use Appraisals
Our experts appraise challenging special use properties including marinas, golf courses, and car washes. We analyze operational performance, redevelopment potential, and market comparables to determine accurate valuations. This specialized service requires advanced data resources and industry-specific expertise.
Estate Planning Appraisals
We provide retrospective appraisals for estate tax purposes, often dating back years. Our internal database tracks historical market data across three decades. These valuations support both post-death estate settlements and proactive long-term estate planning strategies for clients.
People
Robert G. Stout, Jr.
Managing Partner & Certified Appraiser
MAI Designated appraiser with 30+ years of experience in commercial and multi-family property valuations. Specializes in conservation easements and appraisal reviews. Licensed in PA, OH, and NY. Regular expert witness in legal proceedings.
Sergio S. Lo Presti
Partner & Certified Appraiser
MAI member with expertise in eminent domain appraisals and special use properties. Experienced in federal land acquisition standards. Licensed in three states and frequently testifies as expert witness in condemnation cases across Pennsylvania.
Corey J. Wolbert
Certified Appraiser
Licensed appraiser focusing on lodging facilities, industrial properties, and special use developments. Experienced in HUD Rent Comparability Studies and multi-family valuations. Provides detailed analysis for mortgage underwriting and tax appeals.
Tracy M. Stufft
Office Manager
Over 20 years managing daily operations and client communications. Coordinates appraisal assignments to ensure timely delivery. Serves as primary client contact point for project status updates and administrative matters.
Raymond J. Sammartino
Retired Partner
Founder with 40+ years in real estate appraisal. MAI Designated expert in commercial property valuation. Established company reputation for technical excellence and ethical standards. Mentored current leadership team over decades.
Questions
What areas do you serve for real estate appraisals?
We primarily serve western Pennsylvania, northeastern Ohio, and southwestern New York, with expertise in 14 counties including Erie, Crawford, and Mercer.
Do you handle both residential and commercial appraisals?
Our focus is commercial, multi-family, and special use properties. We specialize in complex valuations requiring MAI-level expertise rather than standard residential appraisals.
Can you assist with tax appeal deadlines?
Yes, we help clients meet Pennsylvania's August 1st tax appeal deadline with our 2-step appraisal process for assessment challenges.
What types of condemnation cases do you handle?
We complete 'before and after' appraisals for both property owners and government agencies in eminent domain cases, including PennDOT projects and utility right-of-way acquisitions.
Do you provide expert testimony in court?
Our MAI Designated appraisers regularly qualify as expert witnesses in condemnation, tax appeal, and litigation cases across the tri-state region.
How do you handle special use property valuations?
We combine operational analysis with real estate valuation for special uses like marinas, golf courses, and car washes, using industry-specific metrics and comparable sales data.
