NOT LISTED FOR SALE

505 Lake Ave Montrose, PA 18801

Estimated Value: $200,000 - $246,000

3 Beds
2 Baths
2,103 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $169,600 $81 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,451/month

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • Wood Flooring
  • Storm Windows
  • Fenced

About This Home

As of June 2022

Walking distance to Lathrop Elementary School, Public Ave, Rail Trail, Shops, Restaurants and amenities. This small town home offers convenience of being centrally located in Town., Baths: 1 Bath Lev 1,1 Bath Lev 2, Beds: 2+ Bed 2nd,Mstr 2nd, SqFt Fin - Main: 1052.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, SqFt Fin - 2nd: 1051.00, Additional Info: **All information deemed reliable, but not guaranteed. All measurements are approximate.

Last Agent to Sell the Property

Jeffrey Strohl

Coldwell Banker Town & Country Properties Montrose License #RS277249 Listed on: 04/26/2022

Coldwell Banker Town & Country Properties Montrose

Last Buyer's Agent

Jeffrey Strohl

Coldwell Banker Town & Country Properties Montrose License #RS277249 Listed on: 04/26/2022

Coldwell Banker Town & Country Properties Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1939

Lot Details

  • 0.47 Acre Lot
  • Fenced

Parking

  • Paved Parking

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Metal Roof
  • Aluminum Siding
  • Radon Mitigation System

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Attic or Crawl Hatchway Insulated

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Oil and Gas Rights
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124.14-1,008.00,000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,736

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Directions: Public Ave to Lake Ave. 1/4 Mile from Bible Conference.
  • Unit Levels: Split Entry (Bi-Level), Two, One and One Half
  • Lot Size Acres: 0.47
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1939
  • Reso Property Sub Type: Single Family Residence
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 2103
  • Architectural Style: Colonial
  • Reso Interior Features: Radon Mitigation System
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Storm Window(s)
  • Financial Info Electric: Circuit Breakers
  • AtticFeatures: Crawl Opening
  • AuctionYN: No
  • SchoolTaxAmount: 1783.23
  • EnhancedAcccessible: No
  • OilRightsReserved: All
  • GasRightsReserved: All
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Has Basement: Concrete, Walk-Out Access, Partial
  • Flooring: Carpet, Wood, Vinyl, Concrete
  • Private Spa: No
  • Basement YN: No
  • Door Features: Storm Door(s)

Exterior Features

  • Roof: Metal
  • Fencing: Fenced
  • Waterfront: No
  • Exclusions: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Aluminum Siding
  • Patio And Porch Features: Porch
  • RoadFrontageLength: 148.00

Garage/Parking

  • Parking Features: Asphalt, Paved

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas, Forced Air
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Montrose Area

Lot Info

  • Land Lease: No
  • Lot Dimensions: See documents
  • Additional Parcels: No
  • Parcel #: 124.14-1,008.00,000
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2735.7
  • Tax Book Number: 200711696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 27, 2022
Sold by
Sullivan Jr Robert T and Sullivan Rebecca L
Bought by
Visakay Terry and Swackhamer Summer
Seller's Agent
Jeffrey Strohl
Coldwell Banker Town & Country Properties Montrose
Buyer's Agent
Jeffrey Strohl
Coldwell Banker Town & Country Properties Montrose
Sold Price
$169,600
Current Estimated Value
$222,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,101
Avg. Annual Appreciation
6.63%
Original Mortgage
$163,939
Outstanding Balance
$157,121
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$50,477

Purchase Details

Closed on
Oct 26, 2007
Sold by
Wert Robert and Wert Grace
Bought by
Sullivan Robert T and Sullivan Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,350
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Visakay Terry $169,600 None Listed On Document
Sullivan Robert T $189,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Visakay Terry $163,939
Previous Owner Sullivan Robert T $145,400
Previous Owner Sullivan Robert T $28,350
Previous Owner Sullivan Robert T $151,200
Closed Visakay Terry $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $169,600 0.0% $81 / Sq Ft
06/24/2022 06/24/22 Off Market $169,600 -- --
04/26/2022 04/26/22 Pending -- -- --
09/30/2016 09/30/16 Rented $13,800 +1050.0% --
09/29/2016 09/29/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $1,200 -- --
Source: Greater Scranton Board 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 $2,853 $35,500 $5,200 $30,300
2024 $2,736 $35,500 $5,200 $30,300
2023 $2,665 $35,500 $5,200 $30,300
2022 $2,653 $35,500 $5,200 $30,300
2021 $2,665 $35,500 $5,200 $30,300
2020 $2,685 $35,500 $5,200 $30,300
2019 $2,543 $35,500 $5,200 $30,300
2018 $2,543 $35,500 $5,200 $30,300
2017 $35,500 $35,500 $5,200 $30,300
2016 $2,333 $35,500 $5,200 $30,300
2015 $373 $35,500 $0 $0
2014 $373 $35,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Strohl

    Seller's Agent in 2022

    Jeffrey Strohl

    Coldwell Banker Town & Country Properties Montrose

    (607) 240-1399

    235 Total Sales

    Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSB221620

Greater Scranton Board of REALTORS®

APN: 124.14-1-008.00-000

Pennsylvania Susquehanna County Montrose 18801

505 Lake Ave, Montrose, PA

This home is located at 505 Lake Ave, Montrose, PA 18801 since 26 April 2022 and is currently estimated at $222,701, approximately $105 per square foot. This property was built in 1939. 505 Lake Ave is a home located in Susquehanna County with nearby schools including Lathrop Street Elementary School and Montrose Area Junior/Senior 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.

Greater Scranton Board of REALTORS® Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.

Nearby Homes