NOT LISTED FOR SALE

48 Estates Dr Lake Harmony, PA 18624

Estimated Value: $746,696 - $909,000

6 Beds
3 Baths
2,483 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 10, 2023

Last sale price $710,700 $286 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,080/month

7 Days on Market

Highlights

  • Beach
  • Open Floorplan
  • Chalet
  • Spa
  • Mountain View
  • Mountainous Lot

About This Home

As of June 2023

Propety is under contract, back up offers may be considered. Look what spring has brought to the Pocono Mountains and Lake Harmony - a majestic 6 BEDROOM prow front CHALET in beautiful and exceedingly short-term rental friendly Lake Harmony Estates! Your investment opportunity awaits with this 3 story home just 2 minutes from the beach on Lake Harmony, the only powerboat lake in the area! On the main level you will find a very open living, kitchen & dining area and 1 bed & bath, the lower level is the hub of activity with a pool table/game room plus 2 more bedrooms and bath, and the top level has 3 bedrooms and the 3rd bathroom. Not 1, but 2 gas fireplaces located on the main & lower level for when the mountain air gets chilly, a glorious hot tub outside for relaxation whenever the mood strikes, and a wrap-around deck to relax and breathe in the fresh mountain air. Lake Harmony is where all the cool kids hang out with plenty of fun to be had on the lake or surrounding it with dining options from quaint & cozy to lakefront views and upscale cuisine. Within minutes you can find yourself hiking or biking on the Lehigh River Gorge Trail, whitewater rafting, catching a race or event at Pocono Raceway, getting back to nature in Hickory Run State Park, grabbing PA's finest at the Split Rock Wine Fest, spending the day in Historic Jim Thorpe and when the season's change a plethora of leaves to peep in the fall and for the ski/snowboard enthusiasts - when the snow flies you are 5 minutes from Big Boulder Ski Area and Jack Frost Mountain, both Vail-owned properties so grab your Epic Pass and enjoy! This is your destiny, an income-producing property for the Airbnb/VRBO investor, already township approved and permitted for 16 occupants, a turn-key opportunity that can be yours just in time for the summer season in Lake Harmony. Run, don't walk to Lake Harmony for your private tour of 48 Estates Drive!

Last Agent to Sell the Property

Cindy Derolf

(570) 216-8545 cderolf.sales@gmail.com Pocono Area Realty Benz Group License #AB069252 Listed on: 04/18/2023

Last Buyer's Agent

Cindy Derolf

(570) 216-8545 cderolf.sales@gmail.com Pocono Area Realty Benz Group License #AB069252 Listed on: 04/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,990

Year Built

  • Built in 2006

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 130x195x72x200
  • Mountainous Lot
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned R-2, R-2 Medium Density

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • Chalet
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Casement Windows
  • Living Room
  • Game Room
  • Mountain Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Stone Driveway

Schools

  • Jim Thorpe Area SHS High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Spa

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 19B-21-A504

Community Details

Overview

  • $735 Capital Contribution Fee
  • Association fees include road maintenance
  • First Service Residential HOA, Phone Number (570) 252-7001
  • Lake Harmony Estates Subdivision

Recreation

  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,990

Year Built

Built in 2006

Lot Details

0.39 Acres

HOA Fees

$61 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Chalet
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Personal belongings
  • Home Warranty: No
  • Inclusions: All contents/appliances convey with the property
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Laminated, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open
  • Window Features: Casement
  • Fireplace Features: Gas/Propane, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Vaulted Ceilings
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Bedroom 1, Laundry, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2533
  • Living Area Sq Ft: 2483
  • Price Per Sq Ft: 436.90
  • Above Grade Finished Sq Ft: 1783
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 50
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Hot Tub
  • Roof: Shingle
  • Spa: No
  • View: Mountain, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Propane
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 735.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Road Maintenance
  • HOA Name: FIRST SERVICE RESIDENTIAL
  • HOA Phone: 570-252-7001
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 735.00

Schools

  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: JIM THORPE AREA SHS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81750.00
  • Land Assessed Value: 26250.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.39
  • Lot Dimensions: 130x195x72x200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Property Condition: Very Good
  • Zoning: R-2
  • Zoning Description: R-2 Medium Density

Rental Info

  • Furnished: Yes
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 6690959
  • School Tax: 4916.00
  • Tax Annual Amount: 6990.00
  • Assessor Parcel Number: 19B-21-A504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: JIM THORPE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 1, 2023
Sold by
Gray Michael
Bought by
Nishad Dinesh R and Nishad Pushpa D
Seller's Agent
Cindy Derolf
Pocono Area Realty Benz Group
Buyer's Agent
Cindy Derolf
Pocono Area Realty Benz Group
List Price
$779,000
Sold Price
$710,700
Premium/Discount to List
-$68,300
-8.77%
Views
73
Current Estimated Value
$816,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,224
Avg. Annual Appreciation
5.20%
Original Mortgage
$410,000
Outstanding Balance
$399,037
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$417,887

Purchase Details

Closed on
Oct 16, 2004
Bought by
Gray Michael and Gray Susan
Source: Public Records
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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
Nishad Dinesh R $710,700 Paramount Abstract
Gray Michael $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nishad Dinesh R $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2023 06/10/23 Sold $710,700 -8.8% $286 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $779,000 -- $314 / Sq Ft
Source: Bright MLS

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 $9,782 $142,872 $26,250 $116,622
2024 $10,078 $141,372 $26,250 $115,122
2023 $6,990 $108,000 $26,250 $81,750
2022 $6,990 $108,000 $26,250 $81,750
2021 $6,990 $108,000 $26,250 $81,750
2020 $6,990 $108,000 $26,250 $81,750
2019 $6,774 $108,000 $26,250 $81,750
2018 $6,774 $108,000 $26,250 $81,750
2017 $6,633 $108,000 $26,250 $81,750
2016 -- $108,000 $26,250 $81,750
2015 -- $108,000 $26,250 $81,750
2014 -- $108,000 $26,250 $81,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACC2002574

Bright MLS

APN: 19B-21-A504

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