NOT LISTED FOR SALE

1016 Oak Terrace Lake Ariel, PA 18436

Estimated Value: $390,000 - $414,000

5 Beds
3 Baths
2,104 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $349,900 $166 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,453/month

4 Days on Market

Highlights

  • Beach Access
  • Lake Privileges
  • Community Lake
  • Indoor Pool
  • Chalet
  • Clubhouse

About This Home

As of September 2022

This exquisite home is in a great location on an double lot within walking distance to Beaver Pool and Lodge in Wallenpaupack Lake Estates, an amenity filled community with lake rights to Lake Wallenpaupack in The Northern Poconos. just 2 hours from the NYC, NJ and Philadelphia Areas. This home has been completely updated with a gorgeous kitchen, beautiful flooring throughout, upgraded bathrooms, beautiful brick fireplace, open floor plan, a beautiful dining room, covered patio and large rear deck where you instantly want to relax. 5 bedrooms, 3 bathrooms, The walk-out finished lower level has a large rec room with free-standing propane fireplace, a bathroom, office/5th bedroom, a mudroom with plenty of storage. Whole house generator, 6 mini split heat pumps with A/C, huge garage., Beds Description: 2+Bed1st, Beds Description: 2+BED 2nd, Beds Description: 1BedLL, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Baths: 1/2 Bath Lev L, Eating Area: Dining Area, Sewer: WS Comm Central

Last Agent to Sell the Property

Heather Meagher

RE/MAX Best License #RM421483AB068538 Listed on: 07/30/2022

RE/MAX Best

Last Buyer's Agent

NON-MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1977

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 156x142x170x147
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Parking

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

Home Design

  • Chalet
  • Asphalt Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Propane Fireplace
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Personal Watercraft
  • Waiting List for boat docks or slips
  • Powered Boats Permitted
  • Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Multiple cooling system units
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Shared Water Source

Listing and Financial Details

  • Assessor Parcel Number 19-0-0029-0300

Community Details

Overview

  • Property has a Home Owners Association
  • $2,128 Additional Association Fee
  • Wallenpaupack Lake Estates Subdivision
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Directions: Head east on PA-590 E toward Lakeview Dr0.7 miTurn right onto Ledgedale Rd1.3 miTurn left onto Goose Pond Rd2.1 miTurn right onto Lakeland Dr308 ftTurn left onto Wallenpaupack Dr0.6 miTurn right onto Red Hawk Dr0.5 miTurn left onto Oak Terrace Destination will be on the right
  • Lot Size Acres: 0.59
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Wallenpaupack Lake Estates
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared, Level
  • ResoPoolFeatures: Indoor, Outdoor Pool
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Wallenpaupack
  • ResoOtherEquipment: Generator
  • ResoSecurityFeatures: Other, Security Service
  • Reso Association Amenities: Powered Boats Allowed
  • Architectural Style: Chalet
  • Reso Flooring: Carpet, Tile, Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Cathedral Ceiling(s), Kitchen Island, Eat-in Kitchen
  • Reso Other Structures: Shed(s)
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 2383.86
  • LakeWaterwayInformation: Personal Watercraft,Dock Slip Waitlist,Lake Rights,Unlimited HP,Non Powerboat,Powerboat(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Microwave, Electric Range, Electric Oven, Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement: Daylight, Walk-Out Access, Full, Finished
  • Basement YN: Yes
  • Fireplace Features: Free Standing, Propane, Masonry, Living Room

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio, Deck
  • RoadFrontageLength: 156.00

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Paved, Off Street, Garage, Driveway
  • Total Parking Spaces: 1

Utilities

  • Cooling: Ceiling Fan(s), Multi Units
  • Heating: Baseboard, Propane, Hot Water, Heat Pump, Electric
  • Water Source: Comm Central

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Other, Lake
  • Association #2 Fee: 2127.79
  • Association Fee: 1900
  • Association: Yes

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Lot Dimensions: 156x142x170x147
  • Parcel #: 19-0-0029-0300
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3366.68
  • Tax Book Number: R-4761/31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 29, 2022
Sold by
Hoefling Kenneth L
Bought by
Blouch Cory and Blouch Karen
Seller's Agent
Heather Meagher
RE/MAX Best
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$400,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,871
Avg. Annual Appreciation
4.35%
Original Mortgage
$314,850
Outstanding Balance
$301,912
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$98,859

Purchase Details

Closed on
Sep 23, 2021
Sold by
Hoefling Kenneth L and Rapolas Mary
Bought by
Hoefling Kenneth L

Purchase Details

Closed on
Aug 18, 2014
Sold by
Hoefling Kenneth L
Bought by
Hoefling Kenneth L and Rapolas Mary

Purchase Details

Closed on
Jul 10, 2014
Sold by
Hoefling Kenneth L and Rapolas Mary
Bought by
Hoefling Kenneth L

Purchase Details

Closed on
Sep 18, 2013
Sold by
Wallace Thomas J and Wallace Dennis P
Bought by
Hoefling Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blouch Cory $349,900 --
Hoefling Kenneth L -- None Available
Hoefling Kenneth L -- None Available
Hoefling Kenneth L -- None Listed On Document
Hoefling Kenneth L $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blouch Cory $314,850
Previous Owner Hoefling Kenneth L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Sold $349,900 0.0% $166 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $349,900 -- $166 / 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 $4,113 $282,400 $37,500 $244,900
2024 $3,927 $282,400 $37,500 $244,900
2023 $5,503 $282,400 $37,500 $244,900
2022 $3,367 $155,300 $20,700 $134,600
2021 $3,307 $155,300 $20,700 $134,600
2020 $3,298 $155,300 $20,700 $134,600
2019 $3,094 $155,300 $20,700 $134,600
2018 $3,033 $155,300 $20,700 $134,600
2017 $651 $142,300 $20,700 $121,600
2016 $1,787 $142,300 $20,700 $121,600
2014 -- $128,100 $16,300 $111,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heather Meagher

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2022

    NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB222878

Pike/Wayne Association of REALTORS®

APN: 034940

Pennsylvania Wayne County Lake Ariel 18436

1016 Oak Terrace, Lake Ariel, PA

Not Listed for Sale

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