NOT LISTED FOR SALE

42 Niles Pond Rd Honesdale, PA 18431

Estimated Value: $539,275

14 Beds
12.5 Baths
6,178 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $385,000 $62 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,616/month

201 Days on Market

Highlights

  • Additional Residence on Property
  • Open Floorplan
  • Wood Burning Stove
  • Horses Allowed On Property
  • Deck
  • Pond

About This Home

As of March 2018

AMAZING INCOME PRODUCING MULTI USE BED & BREAKFAST & PRIVATE ESTATE ON 5.5 ACRES WITH A PRIVATE POND! Offering five separate living areas, this estate is perfect for extended families, home businesses, rental income, weddings, retreats & more! This 14 bedroom, 12 1/2 bath Bed & Breakfast is established & ready to continue it's rental income through it's awesome Air B&B account. Main house includes a large commercial kitchen, hardwood floors, spacious living & family rooms, & extensive porches! Outbuildings boast 3 apartments, 2 bedrooms each & 3 en-suite rooms for bonus income! Large office space with a private kitchen can easily be converted to an additional apartment! Enjoy the private pond, stream & gardens, just a few minutes to Honesdale, Game Lands, Lakes, camps, Skiing, Fishing etc!, Baths: 1/2 Bath Lev 1, Baths: 2 Bath Lev 2, Baths: Modern, Eating Area: Formal DN Room, Eating Area: Modern KT

Last Agent to Sell the Property

Tim Meagher

RE/MAX WAYNE License #RS176297L Listed on: 07/01/2017

RE/MAX WAYNE

Last Buyer's Agent

Tim Meagher

RE/MAX WAYNE License #RS176297L Listed on: 07/01/2017

RE/MAX WAYNE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,741

Year Built

  • Built in 1900

Lot Details

  • 5.57 Acre Lot
  • Home fronts a stream
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 6,178 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Pond
  • Deck
  • Covered patio or porch
  • Shed
  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Heating System Uses Coal
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Additional Residence on Property
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 09-0-0224-0035.0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,741

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Directions: 191 North for 4.5 miles. Left onto Bates Road. Right onto Niles Pond Road. Driveway is the first right.
  • Lot Size Acres: 5.57
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: None
  • Year Built: 1900
  • Reso Property Sub Type: Single Family Residence
  • Horses: Yes
  • ResoLotFeatures: Cleared, Not In Development, Wooded, Views, Pond On Lot, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: private pond
  • ResoSecurityFeatures: Smoke Detector(s)
  • Architectural Style: Traditional
  • Reso Flooring: Concrete, Vinyl, Tile, Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Eat-in Kitchen, Open Floorplan, Kitchen Island, In-Law Floorplan
  • Reso Other Structures: Guest House, Storage, Shed(s), Second Residence, Outbuilding
  • Property Attached Yn: No
  • ResoWindowFeatures: Insulated Windows
  • GasRightsReserved: None
  • SchoolTaxAmount: 6242.92
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Microwave, Gas Range, Gas Oven, Dishwasher
  • Full Bathrooms: 12
  • Half Bathrooms: 1
  • Total Bedrooms: 14
  • Basement: Crawl Space, Sump Hole, Walk-Out Access, Unfinished, Sump Pump, Full, Daylight
  • Basement YN: Yes
  • Fireplace Features: Free Standing, Wood Burning Stove, Stone, Living Room

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Waterfront Features: Stream, Waterfront
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch, Patio, Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Unpaved, Off Street, Garage Door Opener, Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Coal, Zoned, Wood Stove, Propane, Natural Gas, Hot Water, Electric
  • Sewer: Septic Tank, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Junior High Dist: Wayne Highlands

Lot Info

  • Current Use: Office, Bed & Breakfast
  • Parcel #: 09-0-0224-0035.0002
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 7740.96
  • Tax Book Number: R-4637/192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2013
Sold by
Patterson William R and Patterson Lucie Maggio
Bought by
Feldman Steven B and Feldman Elisabeth P
Current Estimated Value
$539,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$297,378
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2005
Sold by
Griffin Valerie J
Bought by
Patterson William R and Patterson Lucie Maggio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Feldman Steven B $485,000 None Available
Patterson William R $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Steven B $136,987
Closed Feldman Steven B $57,217
Open Feldman Steven B $388,000
Previous Owner Patterson William R $30,000
Previous Owner Patterson William R $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $385,000 -22.8% $62 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
07/01/2017 07/01/17 For Sale $499,000 -- $81 / 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 $7,961 $481,900 $76,800 $405,100
2024 $7,593 $481,900 $76,800 $405,100
2023 $10,781 $481,900 $76,800 $405,100
2022 $8,573 $358,200 $42,400 $315,800
2021 $8,487 $358,200 $42,400 $315,800
2020 $8,487 $358,200 $42,400 $315,800
2019 $7,917 $358,200 $42,400 $315,800
2018 $7,705 $358,200 $42,400 $315,800
2017 $1,544 $358,200 $42,400 $315,800
2016 $7,268 $358,200 $42,400 $315,800
2014 -- $358,200 $42,400 $315,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWB172973

Pike/Wayne Association of REALTORS®

APN: 109325