NOT LISTED FOR SALE

286 W Shore Dr Lake Ariel, PA 18436

Estimated Value: $631,000 - $911,935

0.21 Acre
$3,679,686 Price per Acre
9,148 Sq Ft Lot

Last Sold October 19, 2017

Last sale price $162,500

Est. 376% increase in value since last sale

Current estimated payment $4,840/month

476 Days on Market

Highlights

  • Lake Front
  • Solar Power System
  • Cul-De-Sac
  • Boat Slip
  • Lake Privileges
  • Powered Boats Permitted

About This Lot

As of October 2017

REDUCED FOR QUICK SALE....THE RAREST OF OPPORTUNITIES IF YOU WANT TO BE ON LAKE ARIEL!!THE ONLY AVAILABLE LAKE ARIEL LAKEFRONT BUILDING LOT WITH CURRENT PERC AND SEPTIC DESIGN. Don't settle for a resale- Build the home of your dreams. Don't miss out- call today!

Last Agent to Sell the Property

Dennis Barillo

RE/MAX Best License #RS156510A Listed on: 04/08/2016

Last Buyer's Agent

Dennis Barillo

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,397

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x221x216x50
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Building or Site Plan Approved

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Lake Views
  • Solar Power System

Listing and Financial Details

  • Assessor Parcel Number 12-0-0003-0039

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Personal Watercraft
  • Boat Slip
  • Powered Boats Permitted
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$1,397

Lot Details

0

Listing Details

  • Directions: From Hamlin Corners- take 191 North. Coming into Lake Ariel make a Right onto West Shore Drive. Go approx. 1 mile- the lot is on the Right.
  • Lot Size Acres: 0.21
  • Prop. Type: Land
  • Subdivision Name: None
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Not In Development, Views, Sloped, Level, Cul-De-Sac
  • Road Frontage Type: Private Road
  • Road Surface Type: Other
  • Reso View: Lake
  • Water Body Name: Lake Ariel
  • Reso Association Amenities: Powered Boats Allowed
  • Green Power: Solar
  • GasRightsReserved: None
  • LakeWaterwayInformation: Dock Slip Included,Lake Rights,Powerboat(s),Personal Watercraft
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Easement
  • RoadFrontageLength: 50.00
  • Builder: Any Builder

Utilities

  • Sewer: Perc Test On File
  • Utilities: Cable Available, Sewer Not Available, Phone Available, Electricity Available
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 500
  • Association: Yes

Schools

  • Junior High Dist: Western Wayne Area

Lot Info

  • Current Use: Single Family
  • Development Status: Site Plan Approved
  • Lot Dimensions: 50x221x216x50
  • Number Of Lots: 1
  • Parcel #: 12-0-0003-0039
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1397.36
  • Tax Book Number: 4814/107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Oct 9, 2017
Sold by
Albert Mark J and Albert Dawn B
Bought by
Hinkley Kirk Stephens and Hinkley Danelle Marie
Seller's Agent
Dennis Barillo
RE/MAX Best
Buyer's Agent
Dennis Barillo
RE/MAX Best
List Price
$199,000
Sold Price
$162,500
Premium/Discount to List
-$36,500
-18.34%
Current Estimated Value
$772,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,234
Avg. Annual Appreciation
22.54%
Original Mortgage
$113,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 8, 2016
Closed on
Aug 31, 2017
Sold by
Albert Mark J and Albert Dawn B
Bought by
Albert Mark J and Albert Dawn B
Seller's Agent
Dennis Barillo
RE/MAX Best
Buyer's Agent
Dennis Barillo
RE/MAX Best
List Price
$199,000
Sold Price
$162,500
Premium/Discount to List
-$36,500
-18.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2014
Closed on
Dec 21, 2014
Sold by
Sohns Sandra Kaye and Sohns David A
Bought by
Albert Mark J and Albert Dawn B
Seller's Agent
Dennis Barillo
RE/MAX Best
Buyer's Agent
Dennis Barillo
RE/MAX Best
List Price
$119,900
Sold Price
$50,000
Premium/Discount to List
-$69,900
-58.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.80%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Sohns David A
Bought by
Sohns David A and Shons Sandra Kaye
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hinkley Kirk Stephens $162,500 None Available
Albert Mark J -- None Available
Albert Mark J $25,000 None Available
Sohns David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinkley Kirk Stpehens $404,000
Closed Hinkley Kirk Stephens $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $162,500 -18.3% --
07/28/2017 07/28/17 Pending -- -- --
04/08/2016 04/08/16 For Sale $199,000 +298.0% --
01/09/2015 01/09/15 Sold $50,000 -58.3% $75 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $119,900 -- $179 / Sq Ft
Source: Pike/Wayne 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 $7,561 $467,200 $147,300 $319,900
2024 $7,148 $464,600 $147,300 $317,300
2023 $10,121 $464,600 $147,300 $317,300
2022 $7,034 $298,500 $84,200 $214,300
2021 $1,487 $64,700 $64,700 $0
2020 $1,470 $64,700 $64,700 $0
2019 $1,389 $64,700 $64,700 $0
2018 $1,381 $64,700 $64,700 $0
2017 $282 $64,700 $64,700 $0
2016 $1,397 $67,600 $64,700 $2,900
2014 -- $112,300 $96,900 $15,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB161539

Pike/Wayne Association of REALTORS®

APN: 041152