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481 Lakeside Drive

481 Lakeside Drive, East Stroudsburg, PA 18301
Property in Stroud
Sold Jun 06, 2016
$98,000
$159,000 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2054
Sold Oct 26, 2015
$36,500
481 Lakeside Drive has been categorized by the local assessors in East Stroudsburg, PA as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 481 Lakeside Drive has 1,623 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of wood siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 481 Lakeside Drive sold most recently in May 20, 2016 for a total of $98,000. If you work out the math, that's approximately a cost of $60.38 per sqft. Before that, the property was also sold for $36,500 in Oct 1, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $627 in taxes each year. 481 Lakeside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $104,940. If we break it down further, the land itself was valued at $14,300. Improvements to the property, however, were assessed at a total of $90,640. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,623
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENN ESTATES SEC C
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 80 SEC C

Ownership

  • Current Owner : WOOD DENNIS PAUL
  • Current Owner 2: WOOD MARIANGELY
  • Previous Owner : POWER MICHELE
  • Previous Owner 2: POWER WILLIAM
  • Owner Before Previous Owner: VOLT ASSET HOLDINGS TRUST XVI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Stroudsburg Area School District
  • School Tax School District: 17
  • Census Tract: 301004

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAP NO: 6392-01
  • Account Number: 17639201352681
  • District: 17
  • Parcel: 17.15D.1.172
  • Block: 35
  • Lot: 80
  • Municipality: STROUD
  • Latitude: 41.0329
  • Longitude: -75.2365

    Address

  • Full Address: 481 Lakeside Dr
  • Address - House Number: 481
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: East Stroudsburg
  • Carrier Code: R010
  • 4-Digit Zip Code: 6828
  • Zip Code: 18301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $627

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 93,704
  • High Value: 136,646
  • Low Value: 50,761

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 20, 2024
  • First Open Lien Mortgage Loan Amount: $159,000
  • 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: Apr 01, 2054

    Market Valuation

  • Market Total Value: $104,940
  • Market Land Value: $14,300
  • Market Improvement Value: $90,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,940
  • Assessed Land Value: $14,300
  • Assessed Improvements Value: $90,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: Jun 06, 2016
  • Current Sale Transaction ID: 1778898835
  • Current Sale Price: $98,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201613126
  • Previous Sale Recording Date: Oct 26, 2015
  • Previous Sale Contract Date: Oct 01, 2015
  • Previous Sale Amount: $36,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CHOICE LOAN SERVICES INC
  • First Mortgage Transaction Date: Jun 06, 2016
  • First Mortgage Loan Amount: $96,224
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

About Penn Estates



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Frequently Asked Questions

What neighborhood is 481 Lakeside Drive located in?
The 481 Lakeside Drive is a located in the neighborhood of Stroud in Penn Estates, East Stroudsburg.
What is the average sales price for listings in 481 Lakeside Drive?
The average sales price for units in 481 Lakeside Drive is $0 currently.

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