NOT LISTED FOR SALE

101 Cove Point Ln Lake Ariel, PA 18436

Estimated Value: $1,023,000 - $1,364,983

4 Beds
6 Baths
4,865 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $790,000 $162 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,605/month

150 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Deck
  • Boat Slip
  • Community Lake
  • Radiant Floor

About This Home

As of August 2020

Magnificent lakefront property, 70+/-' on Lake Ariel. Four-season custom designed, top quality Nantucket inspired 4000'square foot home built in 2008, built with no expense spared, this home is sure to impress. Located on a 300 acre, beautiful, private, motorboat lake. Four bedroom en-suites, total 4.5 baths above grade with another half bath in finished lower level. Two fireplaces inside and one outside back to back. Open concept ultra modern chef's kitchen with granite counter tops and Wolf gas stove, stainless steel appliances. Large family room in lower level. Oak and bamboo flooring, tile baths, wet bar in great room. Also a large wrap around composite deck overlooking the lake. Two car over sized garage. This property has it all. Leasehold 999 year lease, Beds Description: 2+BED 2nd, Baths: 1 Bath Level 2, Baths: 1/2 Bath Lev 1, Baths: 1/2 Bath Lev L, Baths: 2 Bath Lev 2, Baths: BT Other, Baths: Modern, Eating Area: Ultra Modern KT

Last Agent to Sell the Property

Barbara O'Hara

CENTURY 21 Select Group - Hamlin License #AB049909L Listed on: 01/21/2020

CENTURY 21 Select Group - Hamlin

Last Buyer's Agent

Renee Hoover

Century 21 Geba Realty License #RS292358

Century 21 Geba Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,825

Year Built

  • Built in 2008

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75x21x209x70x192
  • Lake Front
  • Property fronts a private road
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 4,865 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Stone Fireplace
  • Entrance Foyer
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Boat Slip
  • Powered Boats Permitted
  • Deck
  • Outdoor Fireplace

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 12-0-0009-0036

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,825

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Directions: From Hamlin - Route 191 toward Lake Ariel turn left on Advent Rd to a Right on Island View on the corner of Island View and Cove Point. From Lake Ariel - East Shore Dr, Right on Island View (just before Golf Park Rd) pass first Cove Point at T the house is in front of you. Attached 2 car garage faces the road. No SIGN
  • Lot Size Acres: 0.35
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 2008
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Other
  • Water Body Name: Lake Ariel
  • Reso Association Amenities: Powered Boats Allowed
  • Architectural Style: Other
  • Reso Flooring: Carpet, Tile, Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Cathedral Ceiling(s), Wet Bar, Open Floorplan, Kitchen Island, Eat-in Kitchen, Entrance Foyer
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 8512.87
  • LakeWaterwayInformation: Powerboat(s),Dock Slip Available
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Range, Gas Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Basement: Crawl Space, Walk-Out Access, Other, Full, Finished
  • Basement YN: Yes
  • Fireplace Features: Living Room, Stone, Outside

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Deck
  • RoadFrontageLength: 97.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Parking Pad, Paved, Off Street, Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Radiant Floor, Propane, Natural Gas, Hot Water, Electric
  • Sewer: Septic Tank, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 900
  • Association: Yes

Schools

  • Junior High Dist: Western Wayne Area

Lot Info

  • Lot Dimensions: 75x21x209x70x192
  • Parcel #: 12-0-0009-0036
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 10825
  • Tax Book Number: R-3908/270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Davis Clifford M and Davis Linda V
Bought by
Davis Clifford M and Davis Linda V
Current Estimated Value
$1,183,994

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jul 31, 2020
Sold by
Kelly Daniel J and Kelly Christina Elizabeth
Bought by
Davis Clifford M and Davis Linda V
Seller's Agent
Barbara O'Hara
CENTURY 21 Select Group - Hamlin
Buyer's Agent
Renee Hoover
Century 21 Geba Realty
List Price
$815,000
Sold Price
$790,000
Premium/Discount to List
-$25,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Jun 26, 2009
Sold by
Kelly Daniel J and Kelly Padraic
Bought by
Kelly Daniel J and Kelly Padraic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Clifford M -- None Listed On Document
Davis Clifford M $790,000 None Available
Kelly Daniel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Daniel J $412,000
Previous Owner Kelly Padraic $412,000
Previous Owner Kelly Daniel J $417,000
Previous Owner Kelly Daniel J $250,000
Previous Owner Loveland Kathleen L $40,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $790,000 -3.1% $162 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $815,000 -- $168 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $14,446 $892,600 $189,300 $703,300
2024 $13,732 $892,600 $189,300 $703,300
2023 $19,444 $892,600 $189,300 $703,300
2022 $11,744 $498,400 $110,200 $388,200
2021 $11,452 $498,400 $110,200 $388,200
2020 $11,324 $498,400 $110,200 $388,200
2019 $10,700 $498,400 $110,200 $388,200
2018 $10,637 $498,400 $110,200 $388,200
2017 $2,173 $498,400 $110,200 $388,200
2016 $8,129 $498,400 $110,200 $388,200
2014 -- $498,400 $110,200 $388,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB20250

Pike/Wayne Association of REALTORS®

APN: 041440