NOT LISTED FOR SALE

1074 Rainbow Dr Lake Ariel, PA 18436

Estimated Value: $266,000 - $316,000

3 Beds
2.5 Baths
1,938 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $116,000 $60 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,741/month

35 Days on Market

Highlights

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

About This Home

As of May 2017

The classic chalet just waiting for you!! Get ready for family gatherings on your enormous deck, plus bonus sun room. The finished basement gives you plenty of options. Lovely open floor plan with 3 bedrooms, cozy loft and 2 1/2 baths, some furnishings included. Golf cart and fireplace also for sale., Beds Description: 1 BED 2nd, Beds Description: 2+Bed1st, Beds Description: 1 BED 2nd, 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

Judith McColligan

Davis R. Chant - Lake Wallenpaupack License #AB066744 Listed on: 03/04/2017

Last Buyer's Agent

Tom Kelly

Coldwell Banker Lakeview Realtors License #RS161169A

Coldwell Banker Lakeview Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road

Home Design

  • Chalet
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,938 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Parking Pad
  • Driveway
  • Paved Parking

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Personal Watercraft
  • Private Dock
  • Powered Boats Permitted
  • Non-Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Shared Water Source

Listing and Financial Details

  • Assessor Parcel Number 19-0-0030-0291

Community Details

Overview

  • Property has a Home Owners Association
  • $1,650 Additional Association Fee
  • Wallenpaupack Lake Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Teen Center

Recreation

  • Community Pool
  • Outdoor Ice Skating

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: Main entrance to WLE to Wallenpaupack Drive. Turn left on Deer Valley and right on Rainbow. Home on left. Circular paved driveway.
  • Lot Size Acres: 0.29
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Wallenpaupack Lake Estates
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • 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, Teen Center, Trash
  • Architectural Style: Chalet
  • Reso Flooring: Carpet, Vinyl, Hardwood, Concrete
  • Garage Yn: No
  • Reso Interior Features: Open Floorplan
  • Property Attached Yn: No
  • GasRightsReserved: None
  • LakeWaterwayInformation: Personal Watercraft,Lake Rights,Private Boat Dock,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: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Basement: Daylight, Walk-Out Access, Full, Finished
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch, Patio, Enclosed, Deck

Garage/Parking

  • Parking Features: Driveway, Parking Pad, Paved

Utilities

  • Heating: Baseboard, Hot Water, Electric
  • Water Source: Comm Central

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Lake
  • Association #2 Fee: 1650
  • Association Fee: 1835
  • Association: Yes

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Parcel #: 19-0-0030-0291
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1804
  • Tax Book Number: R-2624/60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2017
Closed on
May 22, 2017
Sold by
Calamia Gilda and Frascielo Jessica
Bought by
Polet Thomas and Polet Deborah L
Seller's Agent
Judith McColligan
Davis R. Chant - Lake Wallenpaupack
Buyer's Agent
Tom Kelly
Coldwell Banker Lakeview Realtors
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%
Current Estimated Value
$287,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,333
Avg. Annual Appreciation
11.22%
Original Mortgage
$92,800
Outstanding Balance
$48,218
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$239,115
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Polet Thomas $116,000 Statewide Abstract Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polet Thomas $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $116,000 -3.3% $60 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $120,000 -- $62 / 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 $2,737 $187,900 $30,400 $157,500
2024 $2,613 $187,900 $30,400 $157,500
2023 $3,661 $187,900 $30,400 $157,500
2022 $2,070 $95,500 $16,300 $79,200
2021 $2,034 $95,500 $16,300 $79,200
2020 $2,028 $95,500 $16,300 $79,200
2019 $1,902 $95,500 $16,300 $79,200
2018 $1,865 $95,500 $16,300 $79,200
2017 $437 $95,500 $16,300 $79,200
2016 $1,763 $95,500 $16,300 $79,200
2014 -- $95,500 $16,300 $79,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judith McColligan

    Davis R. Chant - Lake Wallenpaupack

    Section Image
  • Tom Kelly

    Buyer's Agent in 2017

    Tom Kelly

    Coldwell Banker Lakeview Realtors

    (570) 493-0085

    48 Total Sales

    Tom Kelly
    Section Image
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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB17727

Pike/Wayne Association of REALTORS®

APN: 035197

Pennsylvania Wayne County Lake Ariel 18436

1074 Rainbow Dr, Lake Ariel, PA

Not Listed for Sale

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