Falling Springs Reservoir, Clarks Summit, PA 18411 (MLS# 21-1022)

Current Price: $2,250,000 Sold Price: $2,250,000 Status: Closed Listing Contract Date: 2021-03-26 Property Sub Type: Unimproved Land Listing Agreement: Exclusive Right To Sell Buyer Brokerage Compensation: 2 Buyer Brokerage Compensation Type: % Sub Agency Compensation Type: % Transaction Broker Compensation Type: % Dual Or Variable Rate Commission YN: No Owner Name: Falling Springs Development LL

Street Name: Falling Springs Reservoir Municipality: Ransom Township State: PA Postal Code: 18411 County: Lackawanna High School District: Abington Heights City Region: Newton County Tax Amount: 1438.2 Municipal Tax Amount: 157.5 School Tax Amount: 2765.47 Tax Annual Amount: 4361.18 Tax Year: 2021 Tax Assessed Value: 22500 Parcel Number: 1640401000101 Additional Parcels YN: No Zoning Description: Residential Directions: N. Keyser Avenue to Bald Mountain Road/Continental Street. Continental Street becomes Ransom Road. Follow Ransom Road to Red Oak Drive, go for 0.3 miles. See locking gate at beginning of development. Tax Book Number: 0752/0761

Number Of Lots In Development: 50 Lot Size Acres: 360 Lot Size Dimensions: 2101x5860x1981x4488 Land Lease YN: No Horse YN: No Auction YN: No List Price/Acre: 8027.78 Sold Price/Acre: 6250

Public Remarks: Attention developers! This has it ALL!! Abington Heights schools, gorgeous views, private lake, gently sloped land. A true diamond in the rough., Tax Information: Available, Additional Info: Copy and paste this link to view aerial view: https://vimeo.com/529454619 Exclusions: No

Major Change Timestamp: 2023-05-22T14:55:41Z Major Change Type: Status Change Price Change Timestamp: 2022-01-08T17:30:21Z Status Change Timestamp: 2023-05-22 Purchase Contract Date: 2023-03-10 Close Date: 2023-05-19 Close Price: 2250000 Concessions: No Buyer Financing: Cash

Property Subject To Lease: Property Subject To Lease

Road Frontage Length: 2101

Community Features: Lake Development Status: Site Plan Approved Frontage Type: Lakefront Listing Terms: Cash; Conventional Lot Features: Sloped Possession: Negotiable Possible Use: Other Road Frontage Type: State Road Road Surface Type: Paved Sewer: Septic Needed Utilities: Electricity Available View: Lake; Rural Water Source: Well Needed Waterfront Features: Lake Privileges Builder: Any Builder Showing Requirements: Appointment Only; Call Listing Agent