NOT LISTED FOR SALE

1005 Forrest Ln Pennsburg, PA 18073

Estimated Value: $671,000 - $738,000

4 Beds
2.5 Baths
3,133 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $580,000 $185 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,381/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Colonial Architecture
  • 2.61 Acre Lot
  • Dual Staircase
  • Wood Flooring

About This Home

As of July 2021

Here’s the home you’ve been waiting for! Spectacular 3100 sqft home on 2.6 acres quietly tucked away on a private wooded cul-de-sac. This welcoming home greets you with a 2 story foyer leading you to an open floor plan. The main floor features formal living and dining rooms, private office, kitchen with breakfast area which opens to the family room with vaulted ceiling, a propane fireplace and a back staircase to the second floor. Impressive sunroom for that extra living space needed for a toy/game room, home schooling or another home office! The second floor has four large bedrooms including the owner’s suite with sitting area, walk in closet and private bath. Full basement with walk out offers plenty of storage or finish it for additional living space if needed. The yard is partially wooded and includes a fenced backyard area. Just in time for summer- you won’t want a vacation!

Last Agent to Sell the Property

Georgine Burg

(215) 480-3542 gburgrealtor@comcast.net Brode & Brooks Inc Listed on: 04/29/2021

Last Buyer's Agent

Michelle Cadman

(267) 574-6474 michellecadman@kw.com Keller Williams Real Estate-Langhorne

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,636

Year Built

  • Built in 2005

Lot Details

  • 2.61 Acre Lot
  • Lot Dimensions are 50.00 x 0.00
  • Cul-De-Sac
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 3,133 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Views of Woods
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 57-00-00877-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,636

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: refrigerator, washer and dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2005
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Washer, Dryer, Refrigerator
  • Interior Amenities: Additional Stairway, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Walk-In Closet(s), Wood Floors, Formal/Separate Dining Room
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 3133
  • Living Area Sq Ft: 3133
  • Price Per Sq Ft: 167.57
  • Above Grade Finished Sq Ft: 3133
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 2.61
  • Lot Dimensions: 50.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 113692.00
  • Zoning: R1
  • Zoning Description: Residential

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4685900
  • School Tax: 6372.00
  • Tax Annual Amount: 7636.00
  • Assessor Parcel Number: 57-00-00877-011
  • Tax Lot: 040
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: UPPER PERKIOMEN

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 26, 2021
Sold by
Pugh Kenneth J and Pugh Michele A
Bought by
Quinque Geoffrey Thomas and Quinque Amanda Marie
Seller's Agent
Georgine Burg
Brode & Brooks Inc
Buyer's Agent
Michelle Cadman
Keller Williams Real Estate-Langhorne
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%
Current Estimated Value
$700,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,006
Avg. Annual Appreciation
4.37%
Original Mortgage
$290,000
Outstanding Balance
$263,251
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$436,755

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 8, 2016
Sold by
Rothermel Julie
Bought by
Pugh Kenneth J and Pugh Michele A
Seller's Agent
Jarrad Bradt
Compass RE
Buyer's Agent
Kevin Weingarten
RE/MAX Centre Realtors
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$399,771
Interest Rate
3.98%
Mortgage Type
VA

Purchase Details

Listed on
Oct 3, 2014
Closed on
Mar 31, 2015
Sold by
Merena Peter Michael and Merena Carole Leigh
Bought by
Rothermel Julie
Seller's Agent
Jeffrey Shauger
RE/MAX 440 - Perkasie
Buyer's Agent
Jarrad Bradt
Compass RE
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$377,325
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Not Provided
Bought by
Merena Peter Michael and Merena Carole Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2005
Sold by
Not Provided
Bought by
Merena Peter Michael and Merena Carole Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
5.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quinque Geoffrey Thomas $580,000 None Available
Pugh Kenneth J $400,000 None Available
Rothermel Julie $389,000 None Available
Merena Peter Michael $175,000 --
Merena Peter Michael $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinque Geoffrey Thomas $290,000
Previous Owner Pugh Kenneth J $399,771
Previous Owner Rothermel Julie $377,325
Previous Owner Merena Peter Michael $277,000
Previous Owner Merena Peter Michael $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $580,000 +10.5% $185 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $525,000 +31.3% $168 / Sq Ft
01/08/2016 01/08/16 Sold $400,000 -2.4% $128 / Sq Ft View Prior Sale
11/13/2015 11/13/15 Pending -- -- --
10/05/2015 10/05/15 Price Changed $409,900 -2.4% $131 / Sq Ft
09/21/2015 09/21/15 Price Changed $419,900 -2.3% $134 / Sq Ft
09/02/2015 09/02/15 For Sale $429,900 +10.5% $137 / Sq Ft
03/31/2015 03/31/15 Sold $389,000 0.0% $124 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $389,000 0.0% $124 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $389,000 -- $124 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,338 $248,730 $74,700 $174,030
2024 $8,338 $248,730 $74,700 $174,030
2023 $7,944 $248,730 $74,700 $174,030
2022 $7,834 $248,730 $74,700 $174,030
2021 $7,636 $248,730 $74,700 $174,030
2020 $7,593 $248,730 $74,700 $174,030
2019 $4,937 $248,730 $74,700 $174,030
2018 $7,422 $248,730 $74,700 $174,030
2017 $7,198 $248,730 $74,700 $174,030
2016 $7,101 $248,730 $74,700 $174,030
2015 $6,957 $248,730 $74,700 $174,030
2014 $6,701 $248,730 $74,700 $174,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC690888

Bright MLS

APN: 57-00-00877-011