NOT LISTED FOR SALE

2894 Route 611 Tannersville, PA 18372

1 Acre
-- Price per Acre
43,560 Sq Ft Lot

Last Sold December 29, 2017

Last sale price $725,000 $1,208 Per Sq Ft

67 Days on Market

Highlights

  • Corner Lot
  • Pocono Mountain East High School Rated 9+
  • No HOA

About This Lot

As of December 2017

1 Acre Improved corner parcel on Route 611 in Tannersville. Serviced by public sewer and water.

Last Agent to Sell the Property

Teresa Mickens, CCIM

TACM Commerical Realty Inc. License #RM423395 Listed on: 07/13/2017

Last Buyer's Agent

Teresa Mickens, CCIM

TACM Commerical Realty Inc. License #RM423395 Listed on: 07/13/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,892

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Commercial

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12.8.2.46

Property Details

Property Type

Land

Est. Annual Taxes

$6,892

Lot Details

0

Listing Details

  • Directions: Route 611 in Tannersville, corner of Route 611 and Alger Rd.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • PropertySubType: Unimproved Land
  • Lot Size Acres: 1.0
  • Reso Association Amenities: None
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 12.8.2.46
  • Location Tax and Legal School Tax Amount2: 5366.95
  • Location Tax and Legal Tax Annual Amount2: 6892.27
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Lot Size Acres: 1.0
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Cleared, Not In Development
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Corner Lot: Yes

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None: Yes

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 12.8.2.46
  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 6892.27
  • Tax Book Number: 2301/3858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Gable Partnership Llc
Bought by
Ferraro James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 13, 2017
Closed on
Jan 26, 2018
Sold by
Rgrg Realty Llc
Bought by
Gable Partnership Llc
Seller's Agent
Teresa Mickens, CCIM
TACM Commerical Realty Inc.
Buyer's Agent
Teresa Mickens, CCIM
TACM Commerical Realty Inc.
List Price
$995,000
Sold Price
$725,000
Premium/Discount to List
-$270,000
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2007
Sold by
Ts Realty Inc
Bought by
Rgrg Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ferraro James V $400,000 Monroe Abstract Company
Gable Partnership Llc $600,000 Pocono Property Abstract
Rgrg Realty Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro James Vincent $1,005,000
Open Ferraro James Vincent $2,550,000
Closed Ferraro James Vincen T $180,000
Closed Ferraro James Vincent $995,000
Closed Ferraro James Vincen T $468,000
Closed Ferraro James Vincen T $340,000
Closed Ferraro James Vincent $909,000
Closed Ferraro James Vincent $1,000,000
Closed Ferraro James Vincent $2,136,000
Closed Ferraro James V $795,800
Closed Ferraro James Vincent $485,000
Closed Ferraro James V $1,511,300
Previous Owner Ferraro James V $700,000
Previous Owner Gable Partnership Llc $100,000
Previous Owner Gable Partnership Llc $400,000
Previous Owner Rgrg Realty Llc $250,000
Previous Owner Rgrg Realty Llc $275,000
Previous Owner Rgrg Realty Llc $84,000
Previous Owner Rgrg Realty Llc $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $725,000 -27.1% $1,208 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $995,000 -- $1,658 / 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 $2,615 $278,390 $250,000 $28,390
2024 $2,170 $278,390 $250,000 $28,390
2023 $7,565 $278,390 $250,000 $28,390
2022 $7,163 $278,390 $250,000 $28,390
2021 $7,088 $278,390 $250,000 $28,390
2020 $7,144 $278,390 $250,000 $28,390
2019 $6,892 $39,670 $31,500 $8,170
2018 $6,892 $39,670 $31,500 $8,170
2017 $6,972 $39,670 $31,500 $8,170
2016 $1,525 $39,670 $31,500 $8,170
2015 -- $39,670 $31,500 $8,170
2014 -- $39,670 $31,500 $8,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-48989

Pocono Mountains Association of REALTORS®

APN: 12.8.2.46