NOT LISTED FOR SALE

631 Kunkletown Rd Kunkletown, PA 18058

Estimated Value: $344,000 - $590,618

2 Beds
2 Baths
4,674 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $115,000 $25 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $2,418/month

26 Days on Market

About This Home

As of August 2016

RARE INVESTOR OPPORTUNITY! Unique West End 6-UNIT MULTI-FAMILY Property w/ Apartment Style Building, 4 Units & Secondary Rental Cottage! Paved Parking for 10 Cars! 2 Wells & 2 Septics on Lot! Situated in Serene Country Setting in Eldred Twp! RARE FIND in the Desirable Pleasant Valley School District Area w/ GREAT INCOME POTENTIAL at This Price! PRICED TO SELL QUICKLY! Call Today for Your Private Tour!

Last Agent to Sell the Property

James Galligan

Keller Williams Real Estate - Stroudsburg Listed on: 06/29/2016

Last Buyer's Agent

Paulette Smith

Commonwealth Real Estate Your Way, LLC License #RS283082

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.45 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,674 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • 10 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 06.7.2.16

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: RT 33 S to Saylorsburg Exit. RIGHT on Old Route 115. LEFT on Kunkletown Rd at Sunoco Gas Station. Continue 8 miles to 2nd stop sign. Make RIGHT to continue on Kunkletown Rd. Property is 6th on RIGHT.
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1930
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.45
  • Co List Office Phone: 570-421-2890
  • MLS Status: Closed
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 06.7.2.16
  • Location Tax and Legal School Tax Amount2: 6256.79
  • Location Tax and Legal Tax Annual Amount2: 7649.41
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.45
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • Water Source:Well: Yes
  • General Property Information Basement YN: Yes
  • Water Heater:Oil2: Yes
  • Cooling None4: Yes
  • Water Source Other35: Yes
  • General Property Information Number Of Buildings2: 3.0
  • Cooling Separate Meters: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl Siding, See Remarks
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • General Property Information:Parking Total: 10.0
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Septic Tank, Other
  • Water Source: Well, Other
  • Cooling: Separate Meters, None
  • Heating: Baseboard, Hot Water, Electric, Oil
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Oil: Yes

Lot Info

  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 06.7.2.16
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7649.41
  • Tax Book Number: 2450/3233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Tad Properties Llc
Bought by
Urban Rivive Llc
Current Estimated Value
$436,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$266,834
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$169,821

Purchase Details

Listed on
Jun 29, 2016
Closed on
Aug 10, 2016
Sold by
Banco Popular North America
Bought by
Tad Properties Llc
Seller's Agent
James Galligan
Keller Williams Real Estate - Stroudsburg
Buyer's Agent
Paulette Smith
Commonwealth Real Estate Your Way, LLC
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Feb 27, 2015
Sold by
Eastern Realty Corp
Bought by
Banco Popular North America

Purchase Details

Closed on
Jan 28, 2012
Sold by
Eastern Realty Corp
Bought by
Grillo Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2007
Sold by
Brown William F and Brown Jo Ann
Bought by
Eastern Realty Corp
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
Urban Rivive Llc $385,000 Keystone Premier Stlmt Svcs
Tad Properties Llc $115,000 None Available
Banco Popular North America $2,285 None Available
Grillo Investment Corp $335,000 None Available
Eastern Realty Corp $280,000 Universal Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Rivive Llc $300,000
Previous Owner Grillo Investment Corp $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $115,000 -11.5% $25 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $130,000 -- $28 / Sq Ft
Source: Pocono Mountains 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 $1,322 $175,770 $20,280 $155,490
2024 $1,086 $175,770 $20,280 $155,490
2023 $5,284 $175,770 $20,280 $155,490
2022 $5,095 $175,770 $20,280 $155,490
2021 $4,985 $175,770 $20,280 $155,490
2020 $910 $175,770 $20,280 $155,490
2019 $7,735 $42,850 $2,550 $40,300
2018 $7,650 $42,850 $2,550 $40,300
2017 $7,650 $42,850 $2,550 $40,300
2016 $1,318 $42,850 $2,550 $40,300
2015 -- $42,850 $2,550 $40,300
2014 -- $42,850 $2,550 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-37194

Pocono Mountains Association of REALTORS®

APN: 06.7.2.16