NOT LISTED FOR SALE

103 Kennys Tannersville, PA 18372

Estimated Value: $271,000 - $1,923,680

2 Beds
1 Bath
13,994 Sq Ft
$78/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,950,000 $139 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $6,064/month

38 Days on Market

Highlights

  • 5.35 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Pocono Mountain East High School Rated 9+
  • Ceiling Fan
  • 2-minute walk to Veterans Memorial Park

About This Home

As of May 2024

AMAZING POCONO REDEVELOPMENT OPPORTUNITY! OUTSTANDING LOCATION! A RARE JEWEL! Property being sold AS IS. Commercial 5.349 acres parcel adjacent to beautiful TLC Park in Tannersville, PA. & directly across from Wendys. Parcel has 366' road frontage on SR-611 & recorded PennDOT Low Volume Driveway HOP (up to 1500 ADT), central water & sewer, 3-Phase Electric & Includes 10 Unit Multi-Family, a Duplex, a former Commercial Bakery (including all equipment), Owner's woodworking shop, former Bakery Retail Space used by Owner, Barn & Sheds. Property boasts Stormwater detention basin & outlet w/ underground drainage, flat lot, sprawling lawns, 6' high bluestone walls, nature trails along Pocono Creek and more.

Last Agent to Sell the Property

Jennifer Wise

Jennifer Ann Wise Realty License #SB065741 Listed on: 01/26/2024

Last Buyer's Agent

Jennifer Wise

Jennifer Ann Wise Realty License #SB065741 Listed on: 01/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,367

Year Built

  • Built in 1902

Lot Details

  • 5.35 Acre Lot
  • Property fronts a state road

Parking

  • 25 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 13,994 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Well
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 12/8/2/10

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • Electric Expense $8,507
  • Insurance Expense $1,065
  • Maintenance Expense $3,000
  • Other Expense $6,750
  • Trash Expense $6,038
  • New Taxes Expense $16,367
  • Gross Income $135,000
  • Net Operating Income $80,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,367

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: From Intersection of PA-715 & PA-611 Take PA-611 South for 450' Turn Right onto Kennys Way
  • Prop. Type: Residential Income
  • Road Frontage Type: State Road
  • Road Surface Type: Gravel
  • Building Stories: 3
  • Year Built: 1902
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 5.35
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 570-580-8828
  • MLS Status: Closed
  • Subdivision Name: None
  • ResoBuildingAreaSource: Estimated
  • Location Tax and Legal Parcel Number2: 12/8/2/10
  • Location Tax and Legal School Tax Amount2: 12902.11
  • Location Tax and Legal Tax Annual Amount2: 16367.0
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 3
  • General Property Information Lot Size Acres: 5.35
  • General Property Information Lot Size Dimensions: rectangular
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Electric 200 Amp Service: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Road Surface Type Gravel2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Road Frontage Type:State Road: Yes
  • Electric 100 Amp Service: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Buildings2: 3.0
  • Income And Expenses New Taxes Expense: 16367.0
  • Income And Expenses Maintenance Expense: 3000.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Fiber Cement, Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Total Parking Spaces: 25.0
  • General Property Information:Parking Total: 25.0

Utilities

  • Sewer: Public Sewer, Cesspool
  • Water Source: Public, Well
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Electric: 100 Amp Service, 200+ Amp Service
  • Heating: Baseboard, Electric, Oil, Propane, Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes
  • Sewer:Cesspool: Yes

Lot Info

  • Lot Dimensions: rectangular
  • Lot Size Sq Ft: 233046.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 12/8/2/10
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 16367.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 31, 2024
Sold by
Glenwood Hall Apartments Llc
Bought by
Pocono Township
Seller's Agent
Jennifer Wise
Jennifer Ann Wise Realty
Buyer's Agent
Jennifer Wise
Jennifer Ann Wise Realty
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%
Views
36
Current Estimated Value
$1,087,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$862,830
Avg. Annual Appreciation
-33.92%

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 30, 2024
Sold by
Glenwood Hall Apartments Llc
Bought by
Pocono Township
Seller's Agent
Jennifer Wise
Jennifer Ann Wise Realty
Buyer's Agent
Jennifer Wise
Jennifer Ann Wise Realty
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%
Views
36

Purchase Details

Closed on
Oct 8, 2013
Sold by
Prehart John and Prehart Estelle
Bought by
Glenwood Hall Apartments Llc
Source: Public Records

Range of Values:

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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
Pocono Township $1,950,000 None Listed On Document
Pocono Township $1,950,000 None Listed On Document
Glenwood Hall Apartments Llc $384,248 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $1,950,000 -7.1% $139 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $2,100,000 -- $150 / Sq Ft
Source: Pocono Mountains 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 -- $584,280 $259,160 $325,120
2024 $4,481 $574,960 $259,160 $315,800
2023 $15,625 $574,960 $259,160 $315,800
2022 $14,794 $574,960 $259,160 $315,800
2021 $14,639 $574,960 $259,160 $315,800
2020 $14,755 $574,960 $259,160 $315,800
2019 $14,672 $84,450 $63,980 $20,470
2018 $14,672 $84,450 $63,980 $20,470
2017 $14,841 $84,450 $63,980 $20,470
2016 $3,247 $84,450 $63,980 $20,470
2015 -- $84,450 $63,980 $20,470
2014 -- $84,450 $63,980 $20,470
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jennifer Wise

    Jennifer Ann Wise Realty

    (570) 580-8828

    5 in this area

    8 Total Sales

    Jennifer Wise
    Section Image
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-112352

Pocono Mountains Association of REALTORS®

APN: 12.8.2.10

Pennsylvania Monroe County Tannersville 18372

103 Kennys, Tannersville, PA

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.

Pocono Mountains Association of REALTORS® The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.

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