NOT LISTED FOR SALE

305 Old Route 940 Pocono Pines, PA 18350

Estimated Value: $338,000 - $368,000

2 Beds
1 Bath
3,972 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $205,000 $52 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,054/month

293 Days on Market

About This Home

As of December 2020

BIG PRICE REDUCTION
Rare 3 UNIT RESIDENTIAL INCOME PROPERTY, with potential for 4th UNIT..Property Includes One Side by Side Duplex plus a freestanding single family home. On 4 Beautiful Acres. All Units are Rented, tenants pay their own utilities. This Property Is located within miles to Kalahari Resort and the New Pocono Springs Entertainment Complex with Aquarium..Currently Underway. Minutes to Rte 940, and I-380.. If your looking for an Income Producing Property The potential is endless, Air BNB Ideal HOT SPOT!! Call for Private tour.

Last Agent to Sell the Property

Kimberly Gay

Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg License #RS315813 Listed on: 02/07/2020

Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg

Last Buyer's Agent

Kimberly Gay

Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg License #RS315813 Listed on: 02/07/2020

Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1910

Lot Details

  • 4 Acre Lot

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 19.9.2.31

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,265

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: From Route 80 go 940 W. go through light junction 423 and Bear right onto Old Route 940. Follow Approximately 3/4 of a mile see property on the right
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1910
  • PropertySubType: Multi Family
  • Lot Size Acres: 4.0
  • Co List Office Phone: 570-421-8950
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 19.9.2.31
  • Location Tax and Legal School Tax Amount2: 1798.22
  • Location Tax and Legal Tax Annual Amount2: 2265.03
  • Location Tax and Legal Zoning Description2: Multi-Family
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 4.0
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Water Heater:Oil2: Yes
  • Cooling None4: Yes
  • General Property Information Number Of Buildings2: 2.0
  • Cooling Separate Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 19.9.2.31
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2265.03
  • Tax Book Number: 2017/9664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Dec 8, 2020
Sold by
Daley Heidi
Bought by
Lovelace Eric and Jacobs Cari
Seller's Agent
Kimberly Gay
Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
Buyer's Agent
Kimberly Gay
Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
List Price
$289,000
Sold Price
$205,000
Premium/Discount to List
-$84,000
-29.07%
Current Estimated Value
$354,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,550
Avg. Annual Appreciation
12.36%

Purchase Details

Closed on
Sep 6, 1995
Bought by
Daley Heidi
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
Lovelace Eric $205,000 All Pocono Stlmt Svcs Llc
Daley Heidi $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daley Heidi $55,169
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $205,000 -29.1% $52 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $289,000 -- $73 / 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 $1,639 $205,470 $62,100 $143,370
2024 $1,331 $205,470 $62,100 $143,370
2023 $5,224 $205,470 $62,100 $143,370
2022 $5,152 $143,370 $0 $143,370
2021 $2,265 $90,340 $62,100 $28,240
2019 $3,790 $22,070 $4,550 $17,520
2018 $3,790 $22,070 $4,550 $17,520
2017 $3,834 $22,070 $4,550 $17,520
2016 $804 $22,070 $4,550 $17,520
2015 -- $22,070 $4,550 $17,520
2014 -- $22,070 $4,550 $17,520
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kimberly Gay

    Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-75487

Pocono Mountains Association of REALTORS®

APN: 19.9.2.31

Pennsylvania Monroe County Pocono Pines 18334

305 Old Route 940, Pocono Pines, PA

This home is located at 305 Old Route 940, Pocono Pines, PA 18350 since 07 February 2020 and is currently estimated at $354,550, approximately $89 per square foot. This property was built in 1910. 305 Old Route 940 is a home located in Monroe County with nearby schools including Tobyhanna Elementary Center, Clear Run Intermediate School, and Pocono Mountain West Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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