NOT LISTED FOR SALE

537 Rt 507 Paupack, PA 18451

Estimated Value: $342,000 - $345,441

2 Beds
1.5 Baths
912 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $325,000 $356 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,981/month

18 Days on Market

Highlights

  • Boat Slip
  • Lake Privileges
  • Deck
  • 2.17 Acre Lot
  • Community Lake
  • Traditional Architecture

About This Home

As of September 2023

Lake Wallenpaupack Bungalow built in 1924 is one of the originals here at the lake! It has been lovingly restored with historic accuracy while offering an updated and modern living feel throughout. Home features 2 bedrooms, 1 1/2 bath, living room with beautiful stone fireplace, dining room, updated kitchen with island and new heating system and central air conditioning. Just a short walk to your boatslip on Wallenpaupack too! Seasonal lake views, garage in lower level, covered front porch, new fire pit and more! Stream-side hammock and table make for the perfect setting!, Beds Description: 2+Bed1st, Baths: 1 Bath Level 1, Baths: 1/2 Bath Lev 1, Eating Area: Dining Area, Eating Area: Modern KT

Last Agent to Sell the Property

Debra Gunnip

Davis R. Chant - Lake Wallenpaupack License #RS317003 Listed on: 05/26/2023

Co-Listed By

James Gelatt

Davis R. Chant - Lake Wallenpaupack License #RS186226L

Last Buyer's Agent

NON-MEMBER

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 1924

Lot Details

  • 2.17 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Garage
  • Parking Pad
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Personal Watercraft
  • Boat Slip
  • Powered Boats Permitted
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $1,375 Additional Association Fee
  • Nemanie Village Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 055.01-03-13 011105

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Directions: Route 507 South to #537 just before entrance to Nemanie Village.
  • Lot Size Acres: 2.17
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Nemanie Village
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • ResoLotFeatures: Cleared, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Body Name: Lake Wallenpaupack
  • ResoSecurityFeatures: Smoke Detector(s), See Remarks
  • Reso Association Amenities: Powered Boats Allowed
  • Co List Office Mls Id: PWBAWLEY
  • Co List Office Phone: (570) 226-4518
  • Architectural Style: Bungalow, Traditional
  • Reso Flooring: Concrete, Tile, Hardwood
  • Garage Yn: Yes
  • Reso Interior Features: Kitchen Island
  • Unit Levels: One
  • Property Attached Yn: No
  • GasRightsReserved: None
  • SchoolTaxAmount: 1561.30
  • LakeWaterwayInformation: Dock Slip Included,Lake Rights,Unlimited HP,Powerboat(s),Personal Watercraft
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Microwave, Electric Range, Electric Oven, Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Basement: Full, Sump Hole, Walk-Out Access, Unfinished, Sump Pump
  • Basement YN: Yes
  • Fireplace Features: Living Room, Wood Burning, Stone

Exterior Features

  • Roof: Asphalt, Wood, Fiberglass
  • Waterfront: No
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Covered, Porch, Patio, Deck

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Unpaved, See Remarks, Parking Pad, Other, Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Oil, Hot Water, Forced Air
  • Sewer: Septic Tank, On Site Septic
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association #2 Fee: 1375
  • Association Fee: 1375
  • Association: Yes

Schools

  • Junior High Dist: Wallenpaupack School District

Lot Info

  • Parcel #: 055.01-03-13 011105
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2142.35
  • Tax Book Number: 2704/1560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 28, 2023
Sold by
Schneider Erik R
Bought by
Axtell Joseph R and Axtell Esther L
Seller's Agent
Debra Gunnip
Davis R. Chant - Lake Wallenpaupack
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$374,900
Sold Price
$325,000
Premium/Discount to List
-$49,900
-13.31%
Views
42
Current Estimated Value
$343,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,721
Avg. Annual Appreciation
2.50%
Original Mortgage
$286,000
Outstanding Balance
$187,521
Interest Rate
6.72%
Estimated Equity
$156,200

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 13, 2023
Sold by
Schneider Erik R and Schneider Karen
Bought by
Axtell Joseph R and Axtell Esther L
Seller's Agent
Debra Gunnip
Davis R. Chant - Lake Wallenpaupack
Buyer's Agent
NON-MEMBER
NON-MEMBER OFFICE
List Price
$374,900
Sold Price
$325,000
Premium/Discount to List
-$49,900
-13.31%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Outstanding Balance
$187,521
Interest Rate
6.72%
Estimated Equity
$156,200

Purchase Details

Closed on
Jul 15, 2022
Sold by
Milora Raymond A
Bought by
Schneider Erik R and Schneider Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Axtell Joseph R $325,000 --
Axtell Joseph R $325,000 None Listed On Document
Schneider Erik R $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Axtell Joseph R $286,000
Closed Axtell Joseph R $286,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $325,000 -1.5% $356 / Sq Ft
08/21/2023 08/21/23 Price Changed $329,900 -12.0% $362 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $374,900 -- $411 / 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 $2,227 $19,940 $4,290 $15,650
2024 $2,227 $19,940 $4,290 $15,650
2023 $2,142 $19,940 $4,290 $15,650
2022 $2,093 $19,940 $4,290 $15,650
2021 $2,033 $19,940 $4,290 $15,650
2020 $2,033 $19,940 $4,290 $15,650
2019 $1,967 $19,940 $4,290 $15,650
2018 $1,914 $19,940 $4,290 $15,650
2017 $1,843 $19,940 $4,290 $15,650
2016 $0 $19,940 $4,290 $15,650
2014 -- $19,940 $4,290 $15,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW231558

Pike/Wayne Association of REALTORS®

APN: 011105