NOT LISTED FOR SALE

1170 Salem Park Ln Lake Ariel, PA 18436

Estimated Value: $580,000 - $848,000

4 Beds
2 Baths
1,520 Sq Ft
$467/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $540,000 $355 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,562/month

57 Days on Market

Highlights

  • Property is near a lake
  • Deck
  • Main Floor Primary Bedroom
  • Waterfront
  • Wood Flooring
  • Powered Boats Allowed

About This Home

As of October 2022

Property is Under Contract and considering back-up offers only at this time.' *Major Price Reduction*- Welcome to Lake Life! 4BR/2BA Lakefront home. 75 feet of lake frontage with new dock large enough for two boats and two jetskis, large deck and screened in porch with great views of the lake great for entertaining. Home is sold fully furnished and ready for you to enjoy.

Last Agent to Sell the Property

Richard Molinaro

Amantea Real Estate License #RS361338 Listed on: 07/27/2022

Last Buyer's Agent

(Pike Wayne) PWAR Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1974

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x117x75x124
  • Waterfront
  • Property fronts a private road
  • Private Streets
  • Sloped Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Family Room
  • Living Room with Fireplace
  • First Floor Utility Room
  • Utility Room
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Range
  • Microwave
  • Stainless Steel Appliances

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Parking Pad
  • Off-Street Parking

Outdoor Features

  • Property is near a lake
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Baseboard Heating
  • 200+ Amp Service
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22-0-0001-0049
  • Tax Block /19

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,885

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: From our office. Take 611N to Rout 196N. At stop stay right on route 423N. At next stop make left on to route 191N. in 4.7 miles stay straight on route 507N. in 3.4 miles turn left on Ledgedale Rd. At the stop sign turn right on Ledgedale Rd. Make the next right on St.Mary's Church Rd. Make First right on Lacawac Rd. In 0.6 Miles turn right on Salem Park Lane. House is 0.8 miles on right side.
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1974
  • PropertySubType: Single Family Residence
  • Lot Size Acres: 0.22
  • Reso Association Amenities: Powered Boats Allowed
  • Co List Office Phone: 570-215-7200
  • MLS Status: Closed
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 760.0
  • ResoBuildingAreaSource: Estimated
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Room Type: Primary Bathroom
  • Location Tax and Legal Parcel Number2: 22-0-0001-0049
  • Location Tax and Legal School Tax Amount2: 5195.35
  • Location Tax and Legal Tax Annual Amount2: 6884.7
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Above Grade Finished Area: 760.0
  • General Property Information Below Grade Finished Area: 760.0
  • General Property Information Living Area2: 1520.0
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Dimensions: 75x117x75x124
  • General Property Information Compensation Paid on Sellers Assist YN2: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Hardwood: Yes
  • Construction Materials AtticCrawl Hatchway(s) Insulated: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Electric 200 Amp Service: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Appliances Microwave: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Water Body Type Lake3: Yes
  • General Property Information Waterfront YN: Yes
  • Fireplace Features:Gas5: Yes
  • Location Tax and Legal:Tax Block: /19
  • Cooling:Ceiling Fan(s): Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Room Types Living Room2: Yes
  • Room Types Living Room Level: First
  • Room Types Bedroom 2 Level: First
  • Room Types Family Room2: Yes
  • Room Types Family Room Level: First
  • Room Types Primary Bedroom Level: First
  • Flooring:Ceramic Tile: Yes
  • Basement Heated: Yes
  • Room Types Bedroom 3 Level: First
  • Room Types Primary Bathroom Level: First
  • Utilities:Cable Available: Yes
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: First
  • Flooring:Linoleum: Yes
  • Other Structures:Shed(s): Yes
  • Electric:Circuit Breakers: Yes
  • Water Source Shared Well: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator, Water Heater, Microwave, Stainless Steel Appliance(s), Washer, Dryer
  • Fireplace Features: Living Room, Gas
  • Flooring: Ceramic Tile, Hardwood, Linoleum
  • Basement: Full, Exterior Entry, Walk-Out Access, Finished, Heated
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 760.0
  • Fireplace: Yes
  • Total Bedrooms: 9
  • Appliances:Electric Range: Yes
  • Fireplace Features:Living Room: Yes
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Basement Finished2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Lot Features: Sloped
  • Waterfront: Yes
  • Common Walls: No Common Walls
  • Construction Type: Wood Siding, Attic/Crawl Hatchway(s) Insulated
  • Accessibility Features:Accessible Central Living Area: 1520.0
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch, Deck, Covered, Screened
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Drapes: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: Ceiling Fan(s)
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • Association Amenities:Powered Boats Allowed: Yes

Lot Info

  • Lot Dimensions: 75x117x75x124
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 22-0-0001-0049
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6884.7
  • Tax Block: /19
  • Tax Book Number: R-5237/331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Oct 21, 2022
Sold by
Molinaro Richard A and Molinaro Kathleen L
Bought by
Kauffman Ian and Kauffman Courtney
Seller's Agent
Richard Molinaro
Amantea Real Estate
Buyer's Agent
(Pike Wayne) PWAR Member
NON MEMBER
List Price
$699,000
Sold Price
$540,000
Premium/Discount to List
-$159,000
-22.75%
Views
153
Current Estimated Value
$709,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,553
Avg. Annual Appreciation
10.09%
Original Mortgage
$486,000
Outstanding Balance
$467,520
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$242,033

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 9, 2017
Sold by
Sharpe Joseph R and Sharpe Patricia L
Bought by
Molinaro Richard A and Voige Kathleen L
Seller's Agent
Lorraine Collins
Davis R. Chant - Hawley - 1
Buyer's Agent
Lorraine Collins
Davis R. Chant - Hawley - 1
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$210,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Kauffman Ian $540,000 --
Molinaro Richard A $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kauffman Ian $486,000
Previous Owner Molinaro Richard A $210,000
Previous Owner Sharpe Patricia L $2,367,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $540,000 -22.7% $355 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $699,000 +74.8% $460 / Sq Ft
09/22/2017 09/22/17 Sold $400,000 -14.7% $336 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $469,000 -- $393 / 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 $8,448 $524,900 $391,100 $133,800
2024 $8,028 $524,900 $391,100 $133,800
2023 $11,387 $524,900 $391,100 $133,800
2022 $6,885 $293,800 $236,700 $57,100
2021 $6,712 $293,800 $236,700 $57,100
2020 $6,637 $293,800 $236,700 $57,100
2019 $6,269 $293,800 $236,700 $57,100
2018 $6,232 $293,800 $236,700 $57,100
2017 $1,243 $293,800 $236,700 $57,100
2016 $6,035 $293,800 $236,700 $57,100
2014 -- $293,800 $236,700 $57,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Richard Molinaro

    Amantea Real Estate

  • (

    Buyer's Agent in 2022

    (Pike Wayne) PWAR Member

    NON MEMBER

  • Lorraine Collins

    Seller's Agent in 2017

    Lorraine Collins

    Davis R. Chant - Hawley - 1

    (570) 493-0741

    313 Total Sales

    Lorraine Collins
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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-99451

Pocono Mountains Association of REALTORS®

APN: 037155

Pennsylvania Wayne County Lake Ariel 18427

1170 Salem Park Ln, Lake Ariel, PA

This home is located at 1170 Salem Park Ln, Lake Ariel, PA 18436 since 27 July 2022 and is currently estimated at $709,553, approximately $466 per square foot. This property was built in 1974. 1170 Salem Park Ln is a home located in Wayne County with nearby schools including Western Wayne 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.

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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