NOT LISTED FOR SALE

1011 Cortez Rd Lake Ariel, PA 18436

Estimated Value: $119,000 - $357,000

6 Beds
2 Baths
1,696 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $115,000 $68 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,560/month

176 Days on Market

Highlights

  • Horses Allowed On Property
  • Farmhouse Style Home
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of December 2015

Calling all investors. This property has the potential to be an income property. 2 unit apartments 2 kitchens 2 Full baths. each apartment has one bedroom. All on 2 acres. Or turn back into a single dwelling., Beds Description: 1 BED 2nd, Beds Description: 1Bed1st, Beds Description: 1 BED 2nd, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2

Last Agent to Sell the Property

Philip Eckel

RE/MAX Best License #RS295218 Listed on: 04/23/2015

Last Buyer's Agent

Ronald Thieme

RE/MAX WAYNE License #RS161983A

RE/MAX WAYNE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Farmhouse Style Home
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 1,696 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Linoleum
  • Concrete

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Screened Patio
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-0-0290-0004

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From Hamlin Corners take Rt. 191 North to 196 North. Passed Lake Township building turn left onto Keystone Road go about 4 miles to end. At Cortez Rd make left house on right see sign.
  • Lot Size Acres: 2
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • Horses: Yes
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • ResoLotFeatures: Cleared, Not In Development, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Farmhouse
  • Reso Flooring: Concrete, Linoleum, Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Eat-in Kitchen, Attic Storage
  • ResoWindowFeatures: Screens
  • GasRightsReserved: None
  • SchoolTaxAmount: 2962.79
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Refrigerator, Gas Range, Gas Oven, Electric Range, Electric Oven, Dishwasher
  • Total Bedrooms: 6
  • Basement: Dirt Floor, Walk-Out Access, Unfinished, Full
  • Basement YN: Yes
  • Door Features: Storm Door(s)

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Waterfront: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
  • Patio And Porch Features: Patio, Screened, Porch

Garage/Parking

  • Parking Features: Carport, Unpaved, Driveway, Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Electric, Hot Water
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None, Sidewalks

Schools

  • Junior High Dist: Western Wayne Area

Lot Info

  • Parcel #: 12-0-0290-0004
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 3779.86
  • Tax Book Number: R-0849/52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Dec 14, 2015
Sold by
Smith Robert and Smith Irene
Bought by
Armstrong Shawnna Lee
Seller's Agent
Philip Eckel
RE/MAX Best
Buyer's Agent
Ronald Thieme
RE/MAX WAYNE
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$253,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,107
Avg. Annual Appreciation
8.23%
Original Mortgage
$92,000
Outstanding Balance
$73,357
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$179,750
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armstrong Shawnna Lee $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Shawnna Lee $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2015 12/17/15 Sold $115,000 -8.0% $68 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $125,000 0.0% $74 / Sq Ft
10/01/2012 10/01/12 Rented $625 0.0% --
09/05/2012 09/05/12 Under Contract -- -- --
04/11/2012 04/11/12 For Rent $625 -- --
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 $2,719 $168,000 $65,300 $102,700
2024 $2,585 $168,000 $65,300 $102,700
2023 $3,660 $168,000 $65,300 $102,700
2022 $2,597 $110,200 $35,200 $75,000
2021 $2,532 $110,200 $35,200 $75,000
2020 $2,472 $108,800 $35,200 $73,600
2019 $2,336 $108,800 $35,200 $73,600
2018 $2,322 $108,800 $35,200 $73,600
2017 $479 $108,800 $35,200 $73,600
2016 $2,272 $109,900 $35,200 $74,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Philip Eckel

    RE/MAX

  • Ronald Thieme

    Buyer's Agent in 2015

    Ronald Thieme

    RE/MAX

    (570) 499-6776

    44 Total Sales

    Ronald Thieme
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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB151686

Pike/Wayne Association of REALTORS®

APN: 125229

Pennsylvania Wayne County Lake Ariel 18436

1011 Cortez Rd, Lake Ariel, PA

Not Listed for Sale

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