505 Lake Ave
Montrose, PA 18801
3 bd 2 ba 2,103 sqft Built 1939 Lot 20,473 sqft single_family
Most recent sale
$169,600
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 15, 2024 | Listing removed | $1,200 | Scranton |
| Jun 24, 2022 | Sold | $169,600 | MLS #22-1620 |
| Apr 26, 2022 | Listed | $160,000 | MLS #22-1620 |
| Aug 8, 2018 | Price changed | $169,000 | MLS #18-3546 |
| Jul 26, 2018 | Listed | $174,999 | MLS #18-3546 |
| Sep 30, 2016 | Listing removed | $169,000 | Scranton |
| Sep 15, 2016 | Price changed | $169,000 | MLS #16-1171 |
| Jul 2, 2016 | Listed for rent | $1,200 | Scranton |
| Mar 14, 2016 | Listed | $179,900 | MLS #16-1171 |
| Sep 27, 2013 | Listing removed | $1,550 | GreaterBinghamton |
| Aug 22, 2013 | Price changed for rent | $1,550 | GreaterBinghamton |
| Aug 22, 2013 | Price changed | $191,800 | MLS #189886 |
| Aug 20, 2013 | Listed for rent | $1,250 | GreaterBinghamton |
| Jul 9, 2013 | Listed | $198,500 | MLS #189886 |
| Jul 8, 2013 | Listed | $191,800 | MLS #13-3297 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $30,300 | $5,200 | $35,500 | $3,157 |
| 2025 | $30,300 | $5,200 | $35,500 | $3,030 |
| 2024 | $30,300 | $5,200 | $35,500 | $2,735 |
| 2023 | $30,300 | $5,200 | $35,500 | $2,664 |
| 2022 | $30,300 | $5,200 | $35,500 | $2,652 |
| 2021 | $30,300 | $5,200 | $35,500 | $2,665 |
| 2020 | $30,300 | $5,200 | $35,500 | $2,685 |
| 2019 | $30,300 | $5,200 | $35,500 | $2,543 |
| 2018 | $30,300 | $5,200 | $35,500 | $2,543 |
| 2017 | $30,300 | $5,200 | $35,500 | $2,419 |
| 2016 | $30,300 | $5,200 | $35,500 | $2,333 |
| 2015 | — | — | $35,500 | $2,258 |
| 2014 | — | — | $35,500 | $2,355 |
| 2012 | — | — | $35,500 | $2,408 |
| 2010 | — | — | $35,500 | $2,550 |
| 2009 | — | — | $35,500 | $2,479 |
Property facts
Year built
1939
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,103 sqft
Lot size
20,473 sqft
ZIP code
18801
City
Montrose
Street
Lake Ave
Coordinates
41.83894, -75.87001
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,018
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Lake Ave last sell?
505 Lake Ave most recently sold on Jun 24, 2022 for $169,600.
What is the current tax assessment for 505 Lake Ave?
The most recent total assessment for 505 Lake Ave (year 2026) is $35,500 with $3,157 in property tax.
How does 505 Lake Ave's assessment compare to its last sale price?
The current assessment is 79.1% below the last sale price of $169,600.
When was 505 Lake Ave built?
505 Lake Ave was built in 1939.
How does 505 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Lake Ave?
505 Lake Ave is a 3 bed, 2 bath, 2,103 sqft, 20,473 sqft lot single_family.
Is 505 Lake Ave a flip candidate?
No — 505 Lake Ave does not appear in our flips dataset.
Is 505 Lake Ave a tax-appeal candidate?
No — 505 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q2
$257.5K
2026 Q3
$253.4K
ZIP 18801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave