NOT LISTED FOR SALE

55 Laurel Way Palmerton, PA 18071

Estimated Value: $619,000 - $689,000

7 Beds
6 Baths
4,540 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $525,000 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,277/month

12 Days on Market

Highlights

  • 1.99 Acre Lot
  • Fireplace
  • Baseboard Heating
  • Furnished
  • Central Air
  • 7 Car Garage

About This Home

As of May 2022

Large Fully Furnished 7 BR, 6 BA Recreation Property between Blue Mountain Ski Resort and Beltzville Lake in the Pocono Mountains. Property has (3) different entrances, (2) full kitchens, (2) Wet Bars, (4) Living Rooms, (3) exterior doors to Elevated Deck, and a Full Size Pool offering options to create separate living spaces. Plus a completely separate Apartment above 3 Car Garage that is currently used by an On Site Property Mgr. Operated as an Air B&B Short Term Rental booked thru a National Online Vacation Rental Company and managed by the On Site Mgr. Make it your own Retreat or use as a "Hands Off" Investment that runs itself! Perfect Get-A-Way for your Family or Business Associates. Lots of Possibilities!

Last Agent to Sell the Property

Craig Liles

IronValley RE of Lehigh Valley License #AB066762 Listed on: 02/21/2022

IronValley RE of Lehigh Valley

Co-Listed By

Maryann Liles

IronValley RE of Lehigh Valley

Last Buyer's Agent

Katrina Davito

BHHS Fox & Roach Bethlehem

BHHS Fox & Roach Bethlehem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,674

Year Built

  • Built in 1991

Lot Details

  • 1.99 Acre Lot

Parking

  • 7 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 4,540 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7B-32-A65

Community Details

Overview

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,674

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Cable
  • County Assessment: 121100.00
  • Stories: 2.0
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Features: Fireplace, Furnished, Wall-to-Wall Carpet, Wash/Dry Hook-ups
  • Bathrooms: Modern
  • Bathrooms: 6
  • Full Bathrooms: 6
  • Bedrooms: 7
  • Square Footage: 4540

Exterior Features

  • Construction: Vinyl

Garage/Parking

  • Parking: Garage
  • Parking Spaces: 7

Utilities

  • Cooling: Central AC
  • Heat Type: Baseboard, Electric
  • Sewer: Septic
  • Water: Well
  • Insurance: 3162

Fee Information

  • Operating Expense: 11114

Schools

  • School District: Palmerton

Lot Info

  • Acres: 1.990
  • Lot Sq Ft: 86684
  • Zoning Code: Residential

Tax Info

  • Assessor Parcel Number: 7B-32-A65
  • County Taxes: 148348.00
  • Municipal Taxes: 19376.00
  • Total Taxes: 8674.00

Multi Family

  • School Taxes: 699707.00
  • Total Units: 2
  • Total Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 24, 2022
Sold by
Results Homebuyers Inc
Bought by
Kennedy Michael and Kennedy Erica
Seller's Agent
Craig Liles
IronValley RE of Lehigh Valley
Buyer's Agent
Katrina Davito
BHHS Fox & Roach Bethlehem
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%
Current Estimated Value
$644,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,818
Avg. Annual Appreciation
6.16%
Original Mortgage
$400,000
Outstanding Balance
$379,991
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$264,827

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 23, 2022
Sold by
Results Homebuyers Inc
Bought by
Kennedy Michael and Kennedy Erica
Seller's Agent
Craig Liles
IronValley RE of Lehigh Valley
Buyer's Agent
Katrina Davito
BHHS Fox & Roach Bethlehem
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$379,991
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$264,827

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 9, 2022
Sold by
Results Homebuyers Inc
Bought by
Kennedy Michael and Kennedy Erica
Seller's Agent
Craig Liles
IronValley RE of Lehigh Valley
Buyer's Agent
Katrina Davito
BHHS Fox & Roach Bethlehem
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$379,991
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$264,827

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 9, 2015
Sold by
Mac Freddie
Bought by
Results Homebuyers Inc
Seller's Agent
Jeff Vivian
Spectrum Real Estate Inc
Buyer's Agent
Jeff Vivian
Spectrum Real Estate Inc
List Price
$84,900
Sold Price
$40,000
Premium/Discount to List
-$44,900
-52.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.34%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Ledo Scott J and Ledo Kimberly
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 4, 2007
Sold by
Us Bank National Assn
Bought by
Ledo Scott J and Ledo Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Brumbaugh Brian and Brumbaugh Kimberly
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kennedy Michael $525,000 Realty Abstract Services
Kennedy Michael $525,000 Realty Abstract Services
Kennedy Michael $525,000 Realty Abstract Services
Results Homebuyers Inc $40,000 None Available
Federal Home Loan Mortgage Corporation $1,157 None Available
Ledo Scott J $19,100 Land Title Services
Us Bank Na $1,055 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Michael $400,000
Closed Kennedy Michael $400,000
Closed Kennedy Michael $400,000
Previous Owner Ledo Scott J $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $525,000 +5.0% $116 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $499,900 +1149.8% $110 / Sq Ft
03/19/2015 03/19/15 Sold $40,000 -52.9% $13 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $84,900 -- $28 / Sq Ft
Source: Greater Lehigh Valley 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 $10,416 $121,100 $8,250 $112,850
2024 $9,738 $121,100 $8,250 $112,850
2023 $9,405 $121,100 $8,250 $112,850
2022 $8,961 $121,100 $8,250 $112,850
2021 $8,674 $121,100 $8,250 $112,850
2020 $8,553 $121,100 $8,250 $112,850
2019 $8,311 $121,100 $8,250 $112,850
2018 $8,311 $121,100 $8,250 $112,850
2017 $8,160 $121,100 $8,250 $112,850
2016 -- $121,100 $8,250 $112,850
2015 -- $121,100 $8,250 $112,850
2014 -- $121,100 $8,250 $112,850
Source: Public Records

Agents Affiliated with this Home

  • Craig Liles

    Seller's Agent in 2022

    Craig Liles

    IronValley RE of Lehigh Valley

    (484) 903-1069

    1 in this area

    186 Total Sales

    Craig Liles
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Maryann Liles

    IronValley RE of Lehigh Valley

    (484) 903-3263

    1 in this area

    99 Total Sales

    Maryann Liles
    Section Image
  • Katrina Davito

    Buyer's Agent in 2022

    Katrina Davito

    BHHS Fox & Roach

    (610) 217-2873

    1 in this area

    68 Total Sales

    Katrina Davito
    Section Image
  • Jeff Vivian

    Seller's Agent in 2015

    Jeff Vivian

    Spectrum Real Estate Inc

    (484) 686-3161

    55 Total Sales

    Jeff Vivian
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 688286

Greater Lehigh Valley REALTORS®

APN: 7B-32-A65

Pennsylvania Carbon County Palmerton 18071

55 Laurel Way, Palmerton, PA

This home is located at 55 Laurel Way, Palmerton, PA 18071 since 21 February 2022 and is currently estimated at $644,818, approximately $142 per square foot. This property was built in 1991. 55 Laurel Way is a home located in Carbon County with nearby schools including Palmerton Area 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 Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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