Ginger Walsh
RE/MAX of the Poconos
(570) 901-5634
82 Total Sales
1 in Palmyra
$215,000 Price
100 Launch Rd Greentown, PA 18426
Palmyra AreaEstimated Value: $26,000 - $509,000
8
Beds
4
Baths
3,841
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Private Dock
- 2.15 Acre Lot
- Community Lake
- Water Views
- Lake Privileges
- Deck
About This Home
As of November 2024UNPARALLELED LAKE WALLENPAUPACK INVESTMENT OPPORTUNITY WITH FOUR IMMACULATE CABINS AND DIRECT LAKEFRONT ACCESS! This exceptional property has four pristine cabins with direct lakefront access and a private dock to the highly sought after powerboating Lake Wallenpaupack. Situated on two acres, this property offers panoramic lake views and a serene setting for both you and your guests. Each cabin has been tastefully renovated to blend modern comfort with rustic charm, ensuring a balance of luxury and coziness. These turnkey cabins are fully equipped and currently generating significant rental income, making them an ideal investment for those looking to capitalize on the area's thriving tourism. Each cabin boasts a kitchen, comfortable bedrooms, captivating lofts, full baths, inviting screened porches, expansive decks, cozy fire pits, games of cornhole & horseshoes creating perfect spaces for relaxation & enjoyment. Plenty of parking for large groups. Situated on Lake Wallenpaupack, one of PA's most popular recreational lakes, this property offers perfect access to many water activities. Whether it's powerboating, fishing, swimming, or kayaking, the lake provides endless opportunities for adventure and relaxation. The property's private dock allows for easy access to the lake, making it convenient for guests to enjoy all the water activities this location has to offer. Hemlock Point offers excellent amenities and ensures the community remains well maintained. In addition to the natural beauty and recreational opportunities, the area surrounding Lake Wallenpaupack offers a variety of attractions and activities providing plenty of options for entertainment and exploration. Seasonal activities such as hiking, skiing, and snowmobiling ensure that there is always something to do, no matter the time of year. The combination of beautifully renovated cabins, direct lakefront access, and a significant short rental income makes this property an exceptional one of a kind find!
Last Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,409
Year Built
- Built in 1966
Lot Details
- 2.15 Acre Lot
HOA Fees
- $46 Monthly HOA Fees
Property Views
- Water
- Panoramic
- Rural
Home Design
- Log Cabin
- Metal Roof
- Wood Siding
Interior Spaces
- 3,841 Sq Ft Home
- 1-Story Property
- Furnished
- 4 Fireplaces
- Laminate Flooring
- Electric Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Off-Street Parking
Outdoor Features
- Private Dock
- Powered Boats Permitted
- Lake Privileges
- Deck
- Screened Patio
- Fire Pit
- Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Propane
- Shared Water Source
- Septic Tank
- Cable TV Available
Community Details
- 4 Buildings
- 4 Units
- Hemlock Point Subdivision
- Community Lake
Listing and Financial Details
- The owner pays for all utilities, association fees
- Assessor Parcel Number 086.01-04-60.001
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
Tim Meagher
RE/MAX WAYNE
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$832,500
Avg. Annual Appreciation
-55.42%
Original Mortgage
$716,000
Outstanding Balance
$702,140
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$434,640
Home Values in the Area
Average Home Value in this Area
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Ginger Walsh
-
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Ina Filip
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,100,000 | None Listed On Document | ||
| $1,100,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $716,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,100,000 | -8.3% | $286 / Sq Ft |
| 08/17/2024 08/17/24 | Pending | -- | -- | -- |
| 08/07/2024 08/07/24 | For Sale | $1,200,000 | -- | $312 / Sq Ft |
Source: Pike/Wayne Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,406 | $29,330 | $5,910 | $23,420 |
| 2025 | $3,276 | $29,330 | $5,910 | $23,420 |
| 2024 | $3,276 | $29,330 | $5,910 | $23,420 |
| 2023 | $3,151 | $29,330 | $5,910 | $23,420 |
| 2022 | $3,078 | $29,330 | $5,910 | $23,420 |
| 2021 | $2,990 | $29,330 | $5,910 | $23,420 |
| 2020 | $2,990 | $29,330 | $5,910 | $23,420 |
| 2019 | $2,893 | $29,330 | $5,910 | $23,420 |
| 2018 | $2,815 | $29,330 | $5,910 | $23,420 |
| 2017 | $2,711 | $29,330 | $5,910 | $23,420 |
| 2016 | $0 | $29,330 | $5,910 | $23,420 |
| 2014 | -- | $29,330 | $5,910 | $23,420 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Meagher
Seller's Agent in 2024
Tim Meagher
RE/MAX
(570) 253-9566
236 Total Sales
-
N
Buyer's Agent in 2024
NON-MEMBER
NON-MEMBER OFFICE
Map
Source: Pike/Wayne Association of REALTORS®
MLS Number: PWBPW242422
APN: 071955
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Pike/Wayne Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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