NOT LISTED FOR SALE

264 Martha's Ln Pocono Lake, PA 18347

Estimated Value: $508,000

5 Beds
3.5 Baths
4,320 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $480,000 $111 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,968/month

79 Days on Market

Highlights

  • Chalet
  • Central Air
  • Heat Pump System

About This Home

As of December 2023

Tucked away on a gorgeous tree-lined lot at the end of a cul-de-sac, this stunning custom-built chalet is sure to impress! With 5 bedrooms, 3.5 baths and 4,320 sq ft, this home has tons of room for stretching out and entertaining! Located in the Short-Term Rental friendly community of Locust Lake Village, you'll enjoy 3 stocked lakes, beaches, a ski hill, playgrounds, tennis and pickleball courts, basketball and bocce ball courts and a community center. Home boasts a first-floor family room with wet bar, pool table, wood fireplace with insert, half bath and ping pong table. The second floor features another wet bar, full bath, living room with a second wood fireplace with insert and huge kitchen and dining room. On the top floor you'll find 5 bedrooms and 2 full baths, plenty of sleeping room for everyone! Soak up nature by enjoying the views from numerous decks on the home! The roof was replaced in 2022, heat and AC in 2018 and both fireplaces have new wood inserts and new chimney lining. As an added bonus, the chalet backs up to over 17,000 acres of PA State Game Lands! Welcome Home To The Pocono Mountains! Contact us today for more information!

Last Agent to Sell the Property

William Keller

(800) 634-1484 bill.kelley@cbhomes.com Coldwell Banker Realty Listed on: 08/31/2023

Coldwell Banker Realty

Co-Listed By

Heather Kelley

(717) 919-2040 heather.kelley@cbhomes.com Coldwell Banker Realty License #RS349884

Last Buyer's Agent

The Kerezsi Real Estate Team

(484) 441-3299 familyhometeam@gmail.com Keller Williams Real Estate - Media License #RS-0025482

Keller Williams Real Estate - Media

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1974

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 86.00 x 180.00
  • Property is zoned R-2

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Chalet
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 4,320 Sq Ft Home
  • Property has 3 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • 200+ Amp Service
  • Electric Water Heater
  • On Site Septic

Community Details

  • $1,500 Capital Contribution Fee
  • Locust Lake Village Subdivision

Listing and Financial Details

  • Tax Lot 1003
  • Assessor Parcel Number 19-630502-98-3809

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1974

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-31
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space, Block
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 4320
  • Living Area Sq Ft: 4320
  • Price Per Sq Ft: 126.13
  • Above Grade Finished Sq Ft: 4320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 264

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 1520.35
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1500.00

Schools

  • School District: POCONO MOUNTAIN
  • School District Key: 300200397026
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 163
  • Lot Size Acres: 0.35
  • Lot Dimensions: 86.00 x 180.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Year Assessed: 2021
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19-630502-98-3809
  • Tax Lot: 1003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/21/2023

MLS Schools

  • School District Name: POCONO MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Dec 21, 2023
Sold by
C & G Group Llc
Bought by
Ward Michael R and Kerezsi-Ward Megan
Seller's Agent
William Keller
Coldwell Banker Realty
Buyer's Agent
The Kerezsi Real Estate Team
Keller Williams Real Estate - Media
List Price
$549,700
Sold Price
$480,000
Premium/Discount to List
-$69,700
-12.68%
Views
944
Current Estimated Value
$508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,000
Original Mortgage
$360,000
Outstanding Balance
$354,628
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Kunz Robert T and Kunz Marjorie A
Bought by
C And G Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 1971
Bought by
Kunz Robert T and Kunz Majorie A
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
Ward Michael R $480,000 Keystone Premier Settlement Se
C And G Group Llc $205,000 None Available
Kunz Robert T $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Michael R $360,000
Previous Owner C And G Group Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $480,000 -11.9% $111 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $544,900 -0.9% $126 / Sq Ft
10/07/2023 10/07/23 For Sale $549,700 0.0% $127 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $549,700 0.0% $127 / Sq Ft
08/31/2023 08/31/23 For Sale $549,900 -- $127 / Sq Ft
Source: Bright MLS

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 $1,609 $201,780 $21,000 $180,780
2024 $1,307 $201,780 $21,000 $180,780
2023 $5,131 $201,780 $21,000 $180,780
2022 $5,059 $201,780 $21,000 $180,780
2021 $5,059 $201,780 $21,000 $180,780
2020 $5,059 $201,780 $21,000 $180,780
2019 $5,861 $34,130 $3,000 $31,130
2018 $5,861 $34,130 $3,000 $31,130
2017 $5,929 $34,130 $3,000 $31,130
2016 $1,244 $34,130 $3,000 $31,130
2015 -- $33,990 $3,000 $30,990
2014 -- $33,990 $3,000 $30,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMR2002342

Bright MLS

APN: 19.12C.1.113