NOT LISTED FOR SALE

1418 Melrose Terrace East Stroudsburg, PA 18301

Estimated Value: $198,000 - $263,393

3 Beds
2 Baths
1,200 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $74,800 $62 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,267/month

53 Days on Market

Highlights

  • Gated Community
  • Deck
  • Cathedral Ceiling
  • Clubhouse
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2016

Fully renovated 3 bedroom, 2 bath Contemporary in Penn Estates. This home features an open floor plan with Kitchen, Family Room and Dining Room open to each other. Large Loft area with great views overlooking fireplace in Cathedral Ceilinged Living Room. Master Bathroom has Whirlpool tub and separate shower. Brand new Kitchen Cabinets, Granite countertops and appliances. Lots of windows and skylights. Home is on a level lot on a Cul-de-sac. Owner is a licensed PA Real Estate Broker.

Last Agent to Sell the Property

Robert Brown

RGB Real Estate LLC License #RM419571 Listed on: 10/26/2015

Last Buyer's Agent

Kathleen Pickarski

RE/MAX of the Poconos License #RS299427

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Private Streets
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Brick Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Storage
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 17.15E.1.195

Community Details

Overview

  • Property has a Home Owners Association
  • Penn Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: Main entrance of Penn Estates, continue on Penn Estates drive. Turn right onto Sandlewood Drive. Turn left on Melrose Terrace. Home is on the right.
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1985
  • Architectural Style: Contemporary
  • PropertySubType: Single Family Residence
  • Lot Size Acres: 0.34
  • ResoSecurityFeatures: 24 Hour Security
  • Reso Association Amenities: Gated, Clubhouse, Tennis Court(s)
  • Co List Office Phone: 570-424-6870
  • MLS Status: Closed
  • Subdivision Name: Penn Estates
  • Above Grade Finished Sq Ft: 1200.0
  • Property Attached Yn: No
  • Room Type: Bathroom 2
  • Location Tax and Legal Parcel Number2: 17.15E.1.195
  • Location Tax and Legal School Tax Amount2: 3320.3
  • Location Tax and Legal Tax Annual Amount2: 4118.93
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Above Grade Finished Area: 1200.0
  • General Property Information Living Area2: 1200.0
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Compensation Paid on Sellers Assist YN2: Yes
  • Common Walls:No Common Walls: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Carpet: Yes
  • Roof Asphalt3: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Appliances Microwave: Yes
  • Road Responsibility Private Maintained Road: Yes
  • Room Types Dining Room2: Yes
  • General Property Information Basement YN: No
  • Security Features 24 Hour Security: Yes
  • Water Source Private5: Yes
  • Sewer Private Sewer: Yes
  • Room Types Living Room2: Yes
  • Room Types Living Room Level: First
  • Room Types Bedroom 2 Level: First
  • Room Types Dining Room Level: First
  • Room Types Primary Bedroom Level: First
  • Interior Features Storage4: Yes
  • Room Types Primary Bathroom Level: First
  • Room Types Loft: Yes
  • Room Types Loft Level: First
  • Flooring:Vinyl: Yes
  • Roof Fiberglass2: Yes
  • Fireplace Features Brick4: Yes
  • Room Types Bonus Room: Yes
  • Room Types Bonus Room Level: First
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Self Cleaning Oven, Water Heater, Dishwasher, Microwave
  • Fireplace Features: Living Room, Brick
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Storage, Other
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Total Bedrooms: 7
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Self Cleaning Oven: Yes

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Lot Features: Level
  • Common Walls: No Common Walls
  • Construction Type: T1-11, Wood Siding
  • Exterior Features: Balcony
  • Accessibility Features:Accessible Central Living Area: 1200.0
  • Patio And Porch Features: Deck
  • Exterior Features:Balcony: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:T111: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 1190.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1190.0
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel Number: 17.15E.1.195
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4118.93
  • Tax Book Number: 2455/4153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Restrepo Kevin and Franco Diana C
Bought by
Davis Andrew J
Current Estimated Value
$230,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,370
Outstanding Balance
$66,148
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$170,306

Purchase Details

Listed on
Oct 26, 2015
Closed on
Feb 4, 2016
Sold by
Lot Holding Company Llc
Bought by
Restrepo Kevin and Franco Diana
Seller's Agent
Robert Brown
RGB Real Estate LLC
Buyer's Agent
Kathleen Pickarski
RE/MAX of the Poconos
List Price
$86,500
Sold Price
$74,800
Premium/Discount to List
-$11,700
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$59,840
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Lot Holding Company Llc

Purchase Details

Closed on
Jan 2, 2015
Sold by
Grant Vanessa
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

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Average Value
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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
Davis Andrew J $111,000 Monroe Abstract Company
Restrepo Kevin $74,800 None Available
Lot Holding Company Llc $32,500 None Available
Jpmorgan Chase Bank National Association $1,621 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Andrew J $74,370
Previous Owner Restrepo Kevin $59,840
Previous Owner Grant Vanessa $6,230
Previous Owner Grant Vanessa $15,582
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $74,800 -13.5% $62 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $86,500 -- $72 / 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 $607 $73,620 $16,610 $57,010
2024 $496 $73,620 $16,610 $57,010
2023 $2,458 $73,620 $16,610 $57,010
2022 $2,509 $73,620 $16,610 $57,010
2021 $2,432 $73,620 $16,610 $57,010
2020 $2,399 $73,620 $16,610 $57,010
2019 $3,978 $21,100 $7,750 $13,350
2018 $4,244 $21,100 $7,750 $13,350
2017 $4,244 $21,100 $7,750 $13,350
2016 $799 $21,100 $7,750 $13,350
2015 -- $21,100 $7,750 $13,350
2014 -- $21,100 $7,750 $13,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-29316

Pocono Mountains Association of REALTORS®

APN: 17.15E.1.195