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Sold for $155,000 on 07/31/24
  • $155,000

    5120 W Nicholson Rd, Tunkhannock, PA 18657

    --beds
    --baths
    39.3Acres
    Unimproved Land
    Built in ----
    39.3 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,040 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,040/mo

    Zestimate® history
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    What's special

    40 picturesque acres for sale in Tunkhannock to build your dream home, to enjoy great recreational activities and/or secure a gas lease! Truly a wonderful property with no zoning. OGM rights do transfer to the new owner with no current lease in place. Very low taxes at $30 per year from being in Clean and Green. There are many spots to build your dream home on this huge parcel. This property has potential for a lucrative gas lease for monthly income which makes for a great investment. It is not currently under lease but within close proximity to the Coterra energy Loffredo well pad. The infrastructure is in place so that the new owner won't have a hard time securing a gas lease. There are several 16' wide easements on the property for the use of the shared driveway with the neighbor which makes for very easy access to the entire property and great for ATV riding. They start from the main road to the lower east side of the property, then one halfway up the main easement. There is a long 4 ft high bluestone wall running throughout the property which carries significant value. There are several logging trails to make it easy to access anywhere on the property quickly. The hunting is excellent; there are many places to put up tree stands for a great vantage point to hunt deer and any other wildlife. Very little restrictions on the property. There is an old foundation on the property which means there used to be a house close to the road. Many trees on the property so timbering the property is an option for additional income. All in all, it’s an excellent property to put a cabin and for hunting with potential for additional income.

    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2024 at 01:17pm

    Listed by:

    Alexander Schwartz 570-351-5242,

    RE/MAX Preferred - Cherry Hill

    Bought with:

    Alexander Schwartz

    RE/MAX Preferred - Cherry Hill

    Source: Bright MLS,MLS#: PAWY2000024MLS Logo

    Facts & features

    Property

    Lot
    • Size: 39.30 Acres
    Details
    • Parcel number: NO TAX RECORD
    • Zoning: NONE
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: No Septic System
    • Water: None

    Community & neighborhood

    Location
    • Region: Tunkhannock
    • Municipality: ALL WYOMING COUNTY

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/31/2024Sold$155,000-13.8%
    Source: Bright MLS #PAWY2000024
    7/6/2024Pending sale$179,900
    Source: Bright MLS #PAWY2000024
    4/19/2024Price change$179,900-7.7%
    Source: Bright MLS #PAWY2000024
    2/1/2024Listed for sale$195,000
    Source: Bright MLS #PAWY2000024

    Public tax history

    YearProperty taxesTax assessment
    2025$1,444 $11,850
    2024$1,444 +0.4%$11,850
    2023$1,438 +0%$11,850

    Find assessor info on the county website

    Neighborhood: 18657

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lackawanna Trail

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.