NOT LISTED FOR SALE

1078 Rainbow Dr Lake Ariel, PA 18436

Estimated Value: $239,000 - $301,000

4 Beds
2 Baths
1,240 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $159,000 $128 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,580/month

62 Days on Market

Highlights

  • Beach Access
  • Open Floorplan
  • Community Lake
  • Indoor Pool
  • Lake Privileges
  • Clubhouse

About This Home

As of January 2022

This home features 4 bedrooms and 2 bathrooms and has many improvements in progress. There are multiple decks and balconies, and a lot of storage on the lower level with outside access also ready for finishing off. Owner's sacrifice can be your gain. It's ready for the right person with right vision., Beds Description: 2+Bed1st, Beds Description: 2+BED 2nd, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Sewer: WS Comm Central

Last Agent to Sell the Property

Donna Gardner

RE/MAX Best License #RS318330 Listed on: 09/23/2021

RE/MAX Best

Last Buyer's Agent

PHILIP ARASIMOWICZ

Davis R. Chant - Lake Wallenpaupack License #RS161145A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 106x140x99x142
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • T111 Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Open Floorplan

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • French Drain
  • Natural lighting in basement

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Powered Boats Permitted
  • Non-Powered Boats Permitted
  • Lake Privileges
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 19-0-0030-0292

Community Details

Overview

  • Property has a Home Owners Association
  • $1,807 Additional Association Fee
  • Wallenpaupack Lake Estates Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Teen Center

Recreation

  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,290

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: From Hamlin Hwy aka Route 590, turn right onto Hanlon Rd. and right again on Everly Rd. At Goose Pon Rd, turn left and then a slight right onto Eskra Rd. TR on Marina Dr. , then left onto Deer Valley, then right on Rainbow and home will be on your left.
  • Lot Size Acres: 0.31
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Wallenpaupack Lake Estates
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared, Wooded, Level
  • ResoPoolFeatures: Indoor, Outdoor Pool
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Wallenpaupack
  • ResoSecurityFeatures: Other, Security Service
  • Reso Association Amenities: Powered Boats Allowed, Teen Center, Trash
  • Architectural Style: Contemporary
  • Reso Flooring: Concrete, Vinyl, Laminate, Hardwood
  • Garage Yn: No
  • Reso Interior Features: Kitchen Island, Open Floorplan
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 1657.80
  • LakeWaterwayInformation: Powerboat(s),Lake Rights,Non Powerboat
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Electric Range, Electric Oven, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement: Daylight, Unfinished, Full, French Drain
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: T1-11
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • RoadFrontageLength: 106.00

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Lake
  • Association #2 Fee: 1807
  • Association Fee: 1861.2
  • Association: Yes

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Lot Dimensions: 106x140x99x142
  • Parcel #: 19-0-0030-0292
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2289.98
  • Tax Book Number: R-1164/288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 21, 2021
Sold by
Richard Buchanan
Bought by
Smucker David A
Seller's Agent
Donna Gardner
RE/MAX Best
Buyer's Agent
PHILIP ARASIMOWICZ
Davis R. Chant - Lake Wallenpaupack
List Price
$174,900
Sold Price
$159,000
Premium/Discount to List
-$15,900
-9.09%
Current Estimated Value
$259,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,149
Avg. Annual Appreciation
13.34%
Original Mortgage
$127,200
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smucker David A $159,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smucker David A $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $159,000 -9.1% $128 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $174,900 -- $141 / 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 $2,584 $177,400 $31,000 $146,400
2024 $2,467 $177,400 $31,000 $146,400
2023 $3,457 $177,400 $31,000 $146,400
2022 $2,341 $108,000 $16,700 $91,300
2021 $2,300 $108,000 $16,700 $91,300
2020 $2,293 $108,000 $16,700 $91,300
2019 $2,151 $108,000 $16,700 $91,300
2018 $2,109 $108,000 $16,700 $91,300
2017 $494 $108,000 $16,700 $91,300
2016 $1,994 $108,000 $16,700 $91,300
2014 -- $108,000 $16,700 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB213849

Pike/Wayne Association of REALTORS®

APN: 035198