NOT LISTED FOR SALE

1049 Rainbow Dr Lake Ariel, PA 18436

Estimated Value: $275,000 - $301,538

3 Beds
2 Baths
1,230 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $195,000 $159 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,761/month

22 Days on Market

Highlights

  • Private Dock
  • Beach Access
  • Open Floorplan
  • Outdoor Ice Skating
  • Indoor Pool
  • Lake Privileges

About This Home

As of March 2021

A Charmer! Move in Ready Contemporary. Comfy and cozy feel. Open kitchen, dining area, living room w/fireplace, Brazilian hard wood floor & vaulted ceilings. Master bedroom suite with jacuzzi & private balcony. 3 bedroom, 2 full baths. Hot water on demand. Back & front decks. Privately set back from road w/paved circular drive. Lake Rights to motor boating Lake Wallenpaupack, plus 2 private lakes, indoor & outdoor pools, tennis, basketball, children's center and much more! House centrally located for easy walk or short golf cart ride to all the wonderful amenities. Turnkey, just bring your overnight bag! Home Warranty. Low taxes. Commutable distance to NYC. See virtual Tour., Beds Description: 2+BED 2nd, Beds Description: 1Bed1st, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Eating Area: Dining Area, Eating Area: Modern KT, Sewer: WS Comm Central

Last Agent to Sell the Property

Stephanie Matolyak

Davis R. Chant - Hawley - 1 License #RS275464 Listed on: 01/17/2021

Last Buyer's Agent

Heather Hopkins

Berkshire Hathaway HomeServices Pocono Real Estate Hawley License #RS352796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • T111 Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • Parking Pad
  • Driveway
  • Paved Parking

Pool

  • Indoor Pool
  • Spa
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Personal Watercraft
  • Private Dock
  • Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Propane
  • Hot Water Heating System
  • Shared Water Source
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 19-0-0030-0271

Community Details

Overview

  • $1,771 Additional Association Fee
  • Wallenpaupack Lake Estates Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Outdoor Ice Skating

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Main WLE entrance. Right on Wallenpaupack Dr, left on Deer Valley, Right on Rainbow. See # 1049 No for sale sign.
  • Lot Size Acres: 0.25
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Wallenpaupack Lake Estates
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • ResoLotFeatures: Cleared, Wooded
  • ResoPoolFeatures: Indoor, Outdoor Pool
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Wallenpaupack
  • ResoSecurityFeatures: Smoke Detector(s), Security Service
  • Reso Association Amenities: Powered Boats Allowed, Outdoor Ice Skating, Trash
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Other, Hardwood
  • Garage Yn: No
  • Reso Interior Features: Cathedral Ceiling(s), Open Floorplan, Eat-in Kitchen
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 1485.33
  • LakeWaterwayInformation: Personal Watercraft,Lake Rights,Private Boat Dock,Unlimited HP,Powerboat(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Self Cleaning Oven, Refrigerator, Microwave, Electric Range, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Spa Features: Bath
  • Private Spa: Yes
  • Basement: Crawl Space, Walk-Out Access
  • Basement YN: No
  • Fireplace Features: Living Room, Masonry

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: T1-11
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Driveway, Parking Pad, Paved

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Electric, Propane, Hot Water
  • Utilities: Cable Available
  • Water Source: Comm Central

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Lake
  • Association #2 Fee: 1771

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Parcel #: 19-0-0030-0271
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2048.44
  • Tax Book Number: R-5230/51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Gloria Joseph and Gloria Roseann
Bought by
Gloria Preservation Trust
Current Estimated Value
$288,321

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 31, 2021
Sold by
Ferrero Bonnie L and Haines Bonnie L
Bought by
Goria Joseph and Goria Roseann
Seller's Agent
Stephanie Matolyak
Davis R. Chant - Hawley - 1
Buyer's Agent
Heather Hopkins
Berkshire Hathaway HomeServices Pocono Real Estate Hawley
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$171,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2017
Sold by
Ferrero John T and Ferrero Bonnie L
Bought by
Ferrero Bonnie L

Purchase Details

Closed on
Jun 23, 2007
Sold by
Miller Michael
Bought by
Ferrero John T and Ferrero Bonnie L

Purchase Details

Closed on
Jun 28, 2005
Sold by
Antonello Michael J and Antonello Anny B
Bought by
Miller Michael
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
Gloria Preservation Trust -- --
Gloria Preservation Trust -- None Listed On Document
Goria Joseph $195,000 None Available
Ferrero Bonnie L -- None Available
Ferrero John T $155,900 None Available
Miller Michael $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goria Joseph $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $195,000 -2.0% $159 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $199,000 -- $162 / 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 $2,186 $150,100 $28,600 $121,500
2024 $2,087 $150,100 $28,600 $121,500
2023 $2,874 $147,500 $28,600 $118,900
2022 $2,085 $96,200 $15,200 $81,000
2021 $2,048 $96,200 $15,200 $81,000
2020 $2,043 $96,200 $15,200 $81,000
2019 $1,916 $96,200 $15,200 $81,000
2018 $1,879 $96,200 $15,200 $81,000
2017 $440 $96,200 $15,200 $81,000
2016 $1,776 $96,200 $15,200 $81,000
2014 -- $96,200 $15,200 $81,000
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Matolyak

    Seller's Agent in 2021

    Stephanie Matolyak

    Davis R. Chant - Hawley - 1

    (570) 647-5353

    71 Total Sales

    Section Image

  • H

    Buyer's Agent in 2021

    Heather Hopkins

    Berkshire Hathaway HomeServices Pocono Real Estate Hawley

See All Agents

Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB21136

Pike/Wayne Association of REALTORS®

APN: 035177

Pennsylvania Wayne County Lake Ariel 18436

1049 Rainbow Dr, Lake Ariel, PA

This home is located at 1049 Rainbow Dr, Lake Ariel, PA 18436 since 17 January 2021 and is currently estimated at $285,385, approximately $232 per square foot. This property was built in 1988. 1049 Rainbow Dr is a home located in Wayne County with nearby schools including Wallenpaupack Area High School.

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.

Pike/Wayne Association of REALTORS® 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.

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