See Home Value
The Hideout 18436
4040 S Fairway Drive
$459,000 - $561,000
House - Off Market

4040 S Fairway Drive

Lake Ariel, PA 18436
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
4417 Sqft
Sold Jan 17, 2024
$485,000
$388,000 by Summit Mortgage Corp
Mortgage Due Feb 01, 2054
Sold Sep 21, 2018
$149,900
Buyer
Seller
$119,920 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2048

About This Property

Experience the epitome of luxury living in the coveted Hideout community, boasting pristine lakes, sandy beaches, skiing, tennis courts, dining options, and more. This superbly spacious residence is nestled on the sixth hole of the private Golf Course, offering breathtaking panoramic vistas from multiple decks and patios. Over 5000 square feet spans three meticulously finished levels. Formal living room, 2 family rooms, master suite with reading room, even a hot tub room. Discover the elegance of new bamboo and tile flooring, a sleek granite kitchen equipped with modern appliances, and extensive plumbing upgrades to high-quality PEX. Originally constructed in 2005, this home has undergone recent renovation so it's ready to enjoy!

The manager has listed the unit size as 4417 square feet.
Unit Size
4,417Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$115
Property Type
House
Property Taxes
$517
HOA Dues
$1,970
Year Built
2005

Price History

Date / Event Date Event Price
Jan 14, 2024 No longer available -
No longer available
Nov 23, 2023 In contract -
In contract
Sep 5, 2023 Listed $510,000
Listed
Sep 21, 2018 Sold to Edward Hui $149,900
Sold to Edward Hui
Aug 21, 2018 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 2,807
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,377
  • Total Building Area: 3,796
  • Building Area: 3,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 3,796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HIDEOUT
  • Land Acres: 0.353
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4040 SECTION 47

Ownership

  • Current Owner : DITOMASO WILLIAM
  • Current Owner 2: DITOMASO TERESA
  • Previous Owner : HUI EDWARD
  • Owner Before Previous Owner: U S BANK N A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Western Wayne School District
  • School Tax School District: W WAYNE SD
  • Census Tract: 961002

Geography

  • Assessors Map Reference: P-0005/0122
  • Account Number: 044588
  • Section: 47
  • Parcel: 12-0-0044-0062
  • Lot: 4040
  • Municipality: LAKE
  • Latitude: 41.4543
  • Longitude: -75.3206

    Address

  • Full Address: 4040 S Fairway Dr
  • Address - House Number: 4040
  • Street Direction: S
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Lake Ariel
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,788
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1172
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 87
  • Final Value: 499,780
  • High Value: 558,379
  • Low Value: 441,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 17, 2024
  • First Open Lien Mortgage Loan Amount: $388,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $403,400
  • Market Land Value: $34,300
  • Market Improvement Value: $369,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,400
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $369,100

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Transaction ID: 11920803634
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 303
  • Previous Sale Recording Date: Sep 21, 2018
  • Previous Sale Contract Date: Aug 23, 2018
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 17, 2024
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Sep 21, 2018
  • Previous Mortgage Loan Amount: $119,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
3,450 ft²
$148/ft²
$510,000 Feb 23, 2023
$510,000 Sep 8, 2023
$1,854/mo

About The Hideout


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Frequently Asked Questions

When was property at 4040 South Fairway Drive built and last sold?
The property at 4040 South Fairway Drive was built in 2005 and last sold on Jan 12, 2024 for $485,000.
How much is this home worth?
The estimated value of the home located at 4040 South Fairway Drive is $497,422.
What are some comparable homes to 4040 South Fairway Drive?
There are currently no comparable homes to 4040 South Fairway Drive.

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