NOT LISTED FOR SALE

175 Summit Ave Pocono Summit, PA 18346

Estimated Value: $277,055 - $308,000

3 Beds
2 Baths
1,700 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $55,000 $32 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $1,657/month

199 Days on Market

Highlights

  • Baseboard Heating
  • Pocono Mountain East High School Rated 9+
  • Garage

About This Home

As of August 2017

Great investment opportunity! 2 unit single home w/ detached garage located on a large corner lot located in Pocono Summit. The 1st unit is located on the 1st floor and consists of 1 bedroom w/ walk in closet & den/office, a large living room, a nice sized eat-in kitchen, a family room, a full bath & laundry room. Upstairs you have the 2nd unit which consists of 2 bedrooms, a large eat-in kitchen, full bath & living room. Outside you have a large detached garage, a large yard & off street parking. Home does need TLC. Located near Kalahari Resort,skiing, hiking, fishing & hunting as well as major Rts 380/80. Home is zoned commercial so possibilities are endless! Won't last long! Schedule your showing today!

Last Agent to Sell the Property

Donald Wenner

DLP Realty License #AB067794 Listed on: 08/26/2016

Last Buyer's Agent

Ingrid Bowes

BrokersRealty.com - Mount Pocono License #RSR001213

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.51 Acre Lot

Parking

  • Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup
  • Basement

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03.5.2.79

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Take 940E, turn left onto Spruce Dr, turn left onto Summit Ave. Located at the corner of harvest lane and summit ave in Pocono summit
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1920
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Lot Size Acres: 0.51
  • Co List Office Phone: 610-756-2090
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 03.5.2.79
  • Location Tax and Legal School Tax Amount2: 2343.61
  • Location Tax and Legal Tax Annual Amount2: 3125.91
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.51
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 03.5.2.79
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3125.91
  • Tax Book Number: 2022/2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Jul 10, 2017
Sold by
The Estate Of Leon J Shiner
Bought by
Caban Kiara
Seller's Agent
Donald Wenner
DLP Realty
Buyer's Agent
Ingrid Bowes
BrokersRealty.com - Mount Pocono
List Price
$125,000
Sold Price
$55,000
Premium/Discount to List
-$70,000
-56%
Current Estimated Value
$295,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,014
Avg. Annual Appreciation
22.67%
Original Mortgage
$46,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1996
Bought by
Shiner Leon J
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
Caban Kiara $65,000 First American Title Ins Co
Shiner Leon J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caban Kiara $46,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $55,000 -56.0% $32 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
08/26/2016 08/26/16 For Sale $125,000 -- $74 / 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 $1,172 $117,740 $24,120 $93,620
2024 $981 $117,740 $24,120 $93,620
2023 $3,141 $117,740 $24,120 $93,620
2022 $3,085 $117,740 $24,120 $93,620
2021 $3,085 $117,740 $24,120 $93,620
2020 $827 $117,740 $24,120 $93,620
2019 $2,222 $12,970 $2,180 $10,790
2018 $2,222 $12,970 $2,180 $10,790
2017 $2,248 $12,970 $2,180 $10,790
2016 $480 $12,970 $2,180 $10,790
2015 $1,833 $12,970 $2,180 $10,790
2014 $1,833 $12,970 $2,180 $10,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-39077

Pocono Mountains Association of REALTORS®

APN: 03.5.2.79