NOT LISTED FOR SALE

7192 Route 240 Hwy Cherry Tree, PA 15724

Estimated Value: $110,000 - $160,000

2 Beds
2 Baths
1,300 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $114,000 $88 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $789/month

71 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Walk-Up Access
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of January 2023

Welcome to one of the most unique and beautiful properties in the Cherry Tree area. Two amazing homes on one parcel. The main house is one of 3 original homesteads in the area. 2 Bedroom 2 Bathroom house has been updated and rejuvenated with exceptional care to keep its character and style in place. Relax on the front or back porches and enjoy 3 full acres of flat mostly wooded land. The Bonus is tucked way back in the woods completely out of sight in the summer. A one of a kind hand built from original 1900s hand carved wood taken from another original homestead next door and repurposed to build the cabin in the woods. Updated with a metal roof and generator powered electricity as well as a propane stove just for convivence. It is heated with an original wood burning stove. This would be an amazing home away from home, hunting cabin, or even air bnb. The possibilities are limitless. Truly a unique property just waiting for the right family to make it home.

Last Listed By

Nathaniel Brida

REALTY ONE GROUP LANDMARK Listed on: 11/02/2022

REALTY ONE GROUP LANDMARK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $759

Year Built

  • 1918

Lot Details

  • 3

Parking

  • Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Walk-Up Access

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well

Listing and Financial Details

  • Assessor Parcel Number 20-002-101.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$759

Year Built

1918

Lot Details

0

Parking

2

Listing Details

  • Area Description Sort: Green/Commdre/Prchse
  • Total Assessed Value: 54100
  • Basement Access: Walk Up
  • Basement Description: Dry
  • Bathrooms Full Locations: Main, Upper
  • Construction: Frame, Vinyl
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Heat Type2: Forced Air
  • Inclusions: Dishwasher, Gas Stove, Multi-Pane Windows, Wall To Wall Carpet
  • Insulation Type: fiber
  • Map Num Block Num Lot Num Info: 20-002-101.00
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89132
  • Ratio Close Price By Original Li: 0.89132
  • School Transportation: Yes
  • Sewage: Septic Tank
  • Style: 2 Story Or 2 Level
  • Type Of Property: Residence/Single Family
  • Years Old: 1918
  • Tour Url Branded: https://www.propertypanorama.com/instaview-tour/wpn/1582779
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1918

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Floors: Hard Wood, Tile, Wall To Wall
  • Total Sq Ft: 1300

Exterior Features

  • Construction Type: Existing
  • Insulation: Yes
  • Roof: Asphalt

Garage/Parking

  • Parking Description: Detached Garage
  • Parking Spaces: 2

Utilities

  • Heat Type: Oil
  • Water: Well

Schools

  • School District: Purchase Line Area

Lot Info

  • Acres: 3.0000
  • Lot Size: 542x240

Tax Info

  • Taxes: 759

MLS Schools

  • School District: Purchase Line Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 13, 2023
Sold by
Anderson Lacey A and Anderson Michael P
Bought by
Crandell Colby
Seller's Agent
Nathaniel Brida
REALTY ONE GROUP LANDMARK
Buyer's Agent
Dan Waterhouse
REALTY ONE GROUP LANDMARK
List Price
$127,900
Sold Price
$114,000
Premium/Discount to List
-$13,900
-10.87%
Total Days on Market
71
Views
26
Current Estimated Value
$129,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,530
Avg. Annual Appreciation
5.68%
Original Mortgage
$97,344
Outstanding Balance
$94,712
Interest Rate
6.33%
Mortgage Type
VA
Estimated Equity
$34,818

Purchase Details

Listed on
Sep 26, 2018
Closed on
Feb 15, 2019
Sold by
Stephenson Ronald and Stephenson Karen
Bought by
Anderson Lacey A and Anderson Michael P
Seller's Agent
Nathaniel Brida
REALTY ONE GROUP LANDMARK
Buyer's Agent
Nathaniel Brida
REALTY ONE GROUP LANDMARK
List Price
$84,900
Sold Price
$68,000
Premium/Discount to List
-$16,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$66,768
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2010
Sold by
Stephenson Thelma E
Bought by
Stephenson Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,040
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2005
Sold by
Pittman Nogrosky Bessie R and Pittman Nogrosky Bessie
Bought by
Stephenson Thelma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.85%
Mortgage Type
New Conventional

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
Crandell Colby $114,000 One Abstract Services
Anderson Lacey A $68,000 None Available
Stephenson Ronald $31,300 None Available
Stephenson Thelma E $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crandell Colby $97,344
Previous Owner Anderson Lacey A $67,925
Previous Owner Anderson Lacey A $66,768
Previous Owner Stephenson Ronald $25,040
Previous Owner Stephenson Thelma E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $114,000 -10.9% $88 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $127,900 +88.1% $98 / Sq Ft
02/15/2019 02/15/19 Sold $68,000 -14.9% $52 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $79,900 -5.9% $61 / Sq Ft
09/26/2018 09/26/18 For Sale $84,900 -- $65 / Sq Ft
Source: West Penn Multi-List

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
2024 $854 $54,100 $20,000 $34,100
2023 $4,927 $54,100 $20,000 $34,100
2022 $759 $54,100 $20,000 $34,100
2021 $759 $54,100 $20,000 $34,100
2020 $734 $54,100 $20,000 $34,100
2018 $4,540 $54,100 $20,000 $34,100
2017 $1,308 $53,400 $20,000 $33,400
2016 -- $53,400 $20,000 $33,400
2015 -- $3,690 $540 $3,150
2014 -- $3,560 $540 $3,020
Source: Public Records

Agents Affiliated with this Home

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Source: West Penn Multi-List

MLS Number: 1582779

West Penn Multi-List

APN: 20-002-101.00