NOT LISTED FOR SALE

1540 Summit Lake Rd Clarks Summit, PA 18411

Estimated Value: $784,066 - $900,000

5 Beds
5 Baths
4,352 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2021

Last sale price $639,000 $147 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,399 / mo

171 Days on Market

Highlights

  • Lake Front
  • 4.24 Acre Lot
  • Contemporary Architecture
  • Abington Heights High School Rated A-
  • Community Lake
  • Wooded Lot

About This Home

As of August 2021

Looking for Privacy? Look no More! This lakefront home situated on 4.24 Acres on Summit Lake, offers a tranquil setting with amazing views while being conveniently located to everything. Five bedrooms, Three Full and Two Half Baths spread out over 4,300 square feet on two floors. Private driveway with landscaped island , Attached 3 Car Garage, stone patio, walls of windows and a Massive Great Room offers an Open Layout and so many possibilities to utilize this incredible space. New Roof 2019, new central air on second floor 2020.Property is Sold AS IS., Baths: 1 Bath Lev 1,Full Bath - Master,Semi-Modern,2 Half Lev 1,2+ Bath Lev 2, Beds: 1 Bed 1st,2+ Bed 2nd,Mstr 2nd, SqFt Fin - Main: 2503.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, Semi-Modern Kitchen: Y, SqFt Fin - 2nd: 1849.00, Additional Info: Check this home out in 3D in the photos tab.New Roof in 2019. Floor plan available. Property is sold AS-IS.

Last Agent to Sell the Property

Adam Davis

CLASSIC PROPERTIES License #AB069732 Listed on: 01/22/2021

Last Buyer's Agent

Brendan Gerrity

Christian Saunders Real Estate License #RS325347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,873

Year Built

  • Built in 1989

Lot Details

  • 4.24 Acre Lot
  • Lot Dimensions are 295x508.14x50x124.41x144.54x107.25x673.11
  • Lake Front
  • Landscaped
  • Wooded Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,352 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • See Through Fireplace
  • Fireplace Features Masonry

Kitchen

  • Eat-In Kitchen
  • Built-In Electric Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Attic

  • Pull Down Stairs to Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction
  • Stubbed For A Bathroom
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 1110102001003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,873

Year Built

Built in 1989

Lot Details

4.24 Acres

Parking

3

Listing Details

  • Directions: Morgan Highway to Summit Lake Road. Home will be on your right. Private Driveway. see Sign
  • Unit Levels: Split Entry (Bi-Level), Two, One and One Half
  • Lot Size Acres: 4.24
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Lakefront
  • Horses: No
  • ResoLotFeatures: Landscaped, Wooded, Rectangular Lot
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 4352
  • Architectural Style: Contemporary
  • Reso Interior Features: Eat-in Kitchen, Walk-In Closet(s), Kitchen Island
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Skylight(s)
  • Financial Info Electric: Circuit Breakers
  • AtticFeatures: Pull Down Stairs
  • AuctionYN: No
  • SchoolTaxAmount: 4916.40
  • EnhancedAcccessible: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Trash Compactor, Refrigerator, Range, Dishwasher
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Has Basement: Block, Unfinished, Partial, Interior Entry, Crawl Space, Bath/Stubbed
  • Flooring: Carpet, Wood, Tile, Concrete
  • Private Spa: No
  • Basement YN: No
  • Fireplace Features: Masonry, Wood Burning, See Through
  • Fireplaces: 1

Exterior Features

  • Roof: Composition, Wood
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exclusions: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Wood Siding
  • Patio And Porch Features: Patio, Porch
  • RoadFrontageLength: 295.00

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Paved, Garage Door Opener

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned, Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Junior High Dist: Abington Heights

Lot Info

  • Land Lease: No
  • Lot Dimensions: 295x508.14x50x124.41x144.54x107.25x673.11
  • Additional Parcels: No
  • Parcel #: 1110102001003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7873.2
  • Tax Book Number: 1061/0372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Aug 25, 2021
Sold by
Lee Kyung Chan and Lee Ok Hee
Bought by
Obrien William Paul and Bedford Kelly
Seller's Agent
Adam Davis
CLASSIC PROPERTIES
Buyer's Agent
Brendan Gerrity
Christian Saunders Real Estate
List Price
$699,000
Sold Price
$639,000
Premium/Discount to List
-$60,000
-8.58%
Current Estimated Value
$842,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,022
Avg. Annual Appreciation
6.03%
Original Mortgage
$511,200
Outstanding Balance
$457,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$384,024

Purchase Details

Closed on
Sep 10, 1981
Bought by
Lee Kyung C and Okhee Won
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Obrien William Paul $639,000 None Available
Lee Kyung C $25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Obrien William Paul $511,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $639,000 -8.6% $147 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $699,000 -- $161 / Sq Ft
Source: Greater Scranton Board of REALTORS®

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
2026 $108,712 $703,410 $128,900 $574,510
2025 $9,737 $40,000 $6,000 $34,000
2024 $8,040 $40,000 $6,000 $34,000
2023 $8,040 $40,000 $6,000 $34,000
2022 $7,873 $40,000 $6,000 $34,000
2021 $7,873 $40,000 $6,000 $34,000
2020 $7,873 $40,000 $6,000 $34,000
2019 $7,613 $40,000 $6,000 $34,000
2018 $8,486 $45,000 $4,000 $41,000
2017 $8,441 $45,000 $4,000 $41,000
2016 $5,282 $45,000 $4,000 $41,000
2015 -- $45,000 $4,000 $41,000
2014 -- $45,000 $4,000 $41,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB21207

Greater Scranton Board of REALTORS®

APN: 1110102001003

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