$155,000
SOLD JUL 31, 2024

5120 W Nicholson Rd Tunkhannock, PA 18657

39 Acres
$3,944 Price per Acre
1,711,908 Sq Ft Lot

Recently Sold

21% Below List Price

155 Days on Market

About This Lot

As of July 2024

40 picturesque acres for sale in Tunkhannock to build your dream home, to enjoy great recreational activities and/or secure a gas lease! Truly a wonderful property with no zoning. OGM rights do transfer to the new owner with no current lease in place. Very low taxes at $30 per year from being in Clean and Green. There are many spots to build your dream home on this huge parcel. This property has potential for a lucrative gas lease for monthly income which makes for a great investment. It is not currently under lease but within close proximity to the Coterra energy Loffredo well pad. The infrastructure is in place so that the new owner won't have a hard time securing a gas lease. There are several 16' wide easements on the property for the use of the shared driveway with the neighbor which makes for very easy access to the entire property and great for ATV riding. They start from the main road to the lower east side of the property, then one halfway up the main easement. There is a long 4 ft high bluestone wall running throughout the property which carries significant value. There are several logging trails to make it easy to access anywhere on the property quickly. The hunting is excellent; there are many places to put up tree stands for a great vantage point to hunt deer and any other wildlife. Very little restrictions on the property. There is an old foundation on the property which means there used to be a house close to the road. Many trees on the property so timbering the property is an option for additional income. All in all, it’s an excellent property to put a cabin and for hunting with potential for additional income.

Last Agent to Sell the Property

Alexander Schwartz

RE/MAX Preferred - Cherry Hill Listed on: 02/01/2024

RE/MAX Preferred - Cherry Hill

Last Buyer's Agent

Alexander Schwartz

RE/MAX Preferred - Cherry Hill Listed on: 02/01/2024

RE/MAX Preferred - Cherry Hill

Property Details

Property Type

  • Land

Additional Features

  • 39.3 Acre Lot
  • Farm Land Preservation
  • No Septic System

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Hunting, Investment
  • Automatically Close On Close Date: No
  • Remarks Public: 40 picturesque acres for sale in Tunkhannock to build your dream home, to enjoy great recreational activities and/or secure a gas lease! Truly a wonderful property with no zoning. OGM rights do transfer to the new owner with no current lease in place. Very low taxes at $30 per year from being in Clean and Green. There are many spots to build your dream home on this huge parcel. This property has potential for a lucrative gas lease for monthly income which makes for a great investment. It is not currently under lease but within close proximity to the Coterra energy Loffredo well pad. The infrastructure is in place so that the new owner won't have a hard time securing a gas lease. There are several 16' wide easements on the property for the use of the shared driveway with the neighbor which makes for very easy access to the entire property and great for ATV riding. They start from the main road to the lower east side of the property, then one halfway up the main easement. There is a long 4 ft high bluestone wall running throughout the property which carries significant value. There are several logging trails to make it easy to access anywhere on the property quickly. The hunting is excellent; there are many places to put up tree stands for a great vantage point to hunt deer and any other wildlife. Very little restrictions on the property. There is an old foundation on the property which means there used to be a house close to the road. Many trees on the property so timbering the property is an option for additional income. All in all, it’s an excellent property to put a cabin and for hunting with potential for additional income.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.11
  • Street Number Modifier: 5120

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LACKAWANNA TRAIL
  • School District Key: 121183524423
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 39.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1711908.00
  • Farmland Preservation: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 30.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: LACKAWANNA TRAIL

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

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $155,000 -13.8% --
07/05/2024 07/05/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $179,900 -7.7% --
02/01/2024 02/01/24 For Sale $195,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexander Schwartz

    Seller's Agent in 2024

    Alexander Schwartz

    RE/MAX

    (570) 351-5242

    1 in this area

    58 Total Sales

    Alexander Schwartz
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Map

Source: Bright MLS

MLS Number: PAWY2000024

Bright MLS

Pennsylvania Wyoming County Tunkhannock 18419

5120 W Nicholson Rd, Tunkhannock, PA

This home is located at 5120 W Nicholson Rd, Tunkhannock, PA 18657 and is currently priced at $155,000. 5120 W Nicholson Rd is a home located in Wyoming County with nearby schools including Lackawanna Trail Elementary Center and Lackawanna Trail Junior/Senior High School.

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