NOT LISTED FOR SALE

166 Plasencias Way East Stroudsburg, PA 18302

Estimated Value: $382,000 - $678,000

3 Beds
2 Baths
4,048 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $399,800 $99 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,983/month

238 Days on Market

Highlights

  • Baseboard Heating
  • Private Streets
  • 1-Story Property

About This Home

As of July 2019

Create Your Own 7 Unit Short-Term Rental Resort Located Just Minutes from Shawnee Ski Area, Multiple Golf Courses & Water Gap National Recreation Center! 7 Unit Fantastic Investment Opportunity w/ Very High Net Return & Payback Ratio! Rent All 7 OR Live in the Remodeled 3 Bed/2 Bath Home for Free with 6 Apartments Paying Your Expenses! 7 Turnkey Updated Rental Units! Impeccably Maintained & Remodeled Over the Last Few Years! Fantastic Rental History! Units Seldom Go Unrented! Consist of 3 Bed, 2 Bath Detached Home, One 2 Bed, 1 Bath & Five 1 Bed, 1 Bath Apartments! All Units Have Newer Wiring w/ Separate Meters! Apartment Buildings Are Built to Last w/ Concrete Block Construction & Newer Metal Roofs! Three Septic Systems which are Serviced Regularly! Please No Drive-By Viewings of Property

Last Agent to Sell the Property

Bob Kelly

Keller Williams Real Estate - Stroudsburg Listed on: 10/07/2018

Last Buyer's Agent

Patricia Gordon-Wilson

Pocono Advantage Real Estate, LLC License #RS292953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,963

Year Built

  • Built in 1966

Lot Details

  • 0.76 Acre Lot
  • Private Streets

Parking

  • 20 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,048 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Shared Well
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09.7.2.7

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $1,500
  • New Taxes Expense $8,963
  • Gross Income $59,040
  • Net Operating Income $47,077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,963

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Directions: Rt 209 North to Left on Sellersville Road (Wawa). Straight through stop sign, then 1st Right on Lower Lakeview Road. Follow past Plasencias Way and Plasencias Estate, then will see dirt drive on Left.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 1
  • Year Built: 1966
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.76
  • Co List Office Phone: 570-421-2890
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 09.7.2.7
  • Location Tax and Legal School Tax Amount2: 7601.74
  • Location Tax and Legal Tax Annual Amount2: 8963.01
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 1
  • General Property Information Lot Size Acres: 0.76
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • Road Responsibility Private Maintained Road: Yes
  • General Property Information Basement YN: No
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 3.0
  • Income And Expenses New Taxes Expense: 8963.0
  • Cooling Separate Meters: Yes
  • Water Source Shared Well: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Basement YN: No

Exterior Features

  • Roof: Other
  • Disclosures: Easement
  • Construction Type: Vinyl Siding, See Remarks
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 20.0
  • General Property Information:Parking Total: 20.0

Utilities

  • Sewer: Septic Tank
  • Water Source: Well, Shared Well
  • Cooling: Separate Meters, None
  • Heating: Baseboard, Hot Water, Electric, Oil
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Size Sq Ft: 33105.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 09.7.2.7
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 8963.01
  • Tax Book Number: 1978/1310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2018
Closed on
Jul 26, 2019
Sold by
Glynn Alan
Bought by
Plasencias Way Realty Llc
Seller's Agent
Bob Kelly
Keller Williams Real Estate - Stroudsburg
Buyer's Agent
Patricia Gordon-Wilson
Pocono Advantage Real Estate, LLC
List Price
$419,900
Sold Price
$399,800
Premium/Discount to List
-$20,100
-4.79%
Current Estimated Value
$512,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,476
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Oct 28, 1994
Bought by
Glynn Alan
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
Plasencias Way Realty Llc $399,800 Pocono Property Abstract
Glynn Alan $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $399,800 -4.8% $99 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
10/07/2018 10/07/18 For Sale $419,900 -- $104 / 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 $2,367 $290,580 $30,510 $260,070
2024 $1,940 $290,580 $30,510 $260,070
2023 $10,442 $290,580 $30,510 $260,070
2022 $10,582 $290,580 $30,510 $260,070
2021 $10,422 $290,580 $30,510 $260,070
2020 $10,582 $290,580 $30,510 $260,070
2019 $8,963 $42,740 $4,950 $37,790
2018 $8,963 $42,740 $4,950 $37,790
2017 $8,963 $42,740 $4,950 $37,790
2016 $8,963 $42,740 $4,950 $37,790
2015 -- $42,740 $4,950 $37,790
2014 -- $42,740 $4,950 $37,790
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bob Kelly

    Keller Williams Real Estate - Stroudsburg

  • P

    Buyer's Agent in 2019

    Patricia Gordon-Wilson

    Pocono Advantage Real Estate, LLC

See All Agents

Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-62224

Pocono Mountains Association of REALTORS®

APN: 09.7.2.7

Pennsylvania Monroe County East Stroudsburg 18302

166 Plasencias Way, East Stroudsburg, PA

This home is located at 166 Plasencias Way, East Stroudsburg, PA 18302 since 07 October 2018 and is currently estimated at $512,276, approximately $126 per square foot. This property was built in 1966. 166 Plasencias Way is a home located in Monroe County with nearby schools including Middle Smithfield Elementary School, Lehman Intermediate School, and Tcelc.

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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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