Seller's Agent in 2020
John Ortendahl
RE/MAX
(215) 801-9084
3 in this area
53 Total Sales
1029 Cherry Ln Newtown, PA 18940
Buckingham NeighborhoodEstimated Value: $1,039,000 - $1,385,000
5
Beds
2.5
Baths
2,796
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- In Ground Pool
- Colonial Architecture
- Wrightstown Elementary School Rated A-
- 10.02 Acre Lot
- Wood Flooring
About This Home
As of February 2020For those who appreciate space and a country feel, consider this exceptionally priced Colonial on 10 acres with a detached 3-car garage and heated in-ground swimming pool in COUNCIL ROCK NORTH SCHOOLS. From whatever direction you come, the drive to this charming home is absolutely beautiful and the best of beautiful Bucks County, Pennsylvania. Impressive tree lined driveway in excellent condition leads to a three-car detached garage with electricity. Perfect for contractor/car enthusiast or growing family. A covered front porch (with a dinner bell=) greets you as you enter the home. The entry foyer offers a double coat closet and access to the powder bathroom. The spacious living room is a quiet and serene space with over-sized windows to enjoy the peaceful view. The formal Dining room with hardwood floors & over-sized windows can serve as an office if not needed...tucked between the living & kitchen. A huge kitchen/dining area all open to the sunken family room is the heart of this home and is wonderful living space. Great bones and generously sized. The kitchen, with oak cabinetry and over-sized pantry boasts granite counters & stainless steel appliances including a 5-burner range w/self-clean oven, dishwasher, built-in microwave and French door refrigerator w/bottom drawer freezer. Sliding glass doors in both the kitchen/dining area and family room lead out to a 35' deck (newly replaced) with white vinyl railings overlooking the spectacularly private heated in-ground pool/spa. A massive first floor master bedroom with sitting area, large walk-in closet and handicap friendly bath is found right off the family room and laundry room w/door to private deck. This space could easily become an "In-law Suite"...as the 2nd floor includes 4 additional bedrooms and a spacious 'family-bath' (which could be divided into 2 creating a 2nd floor master bedroom). Newer architectural roof (2015), newer oil furnace (2005), brand new hot water heater (2019), central air and fresh paint. Surrounded by high-end real estate in the quaint village of Wycombe, within the award-winning Council Rock North School system and yet just minutes to heart of historic Newtown Borough, I-95 and all major commuting routes...making this a once-in-a-lifetime opportunity!!! 1029 Cherry Lane...a wonderful place to call "Home"
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,800
Year Built
- Built in 1987
Lot Details
- 10.02 Acre Lot
- Vinyl Fence
- Level Lot
- Irregular Lot
- Property is zoned CM
Parking
- 3 Car Detached Garage
- 4 Open Parking Spaces
- Parking Storage or Cabinetry
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,796 Sq Ft Home
- Property has 2 Levels
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Flood Lights
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Schools
- Wrightstown Elementary School
- Newtown Middle School
- Council Rock High School North
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Oil
- Well
- On Site Septic
Additional Features
- Ramp on the main level
- In Ground Pool
- Horses Allowed On Property
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 090-001
- Assessor Parcel Number 53-002-090-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2019
Closed on
Feb 14, 2020
Sold by
Geddes James D
Bought by
Ferrari Nicholas V and Ferrari Sharon B
Seller's Agent
John Ortendahl
RE/MAX Properties - Newtown
Buyer's Agent
Todd McCarty
Class-Harlan Real Estate, LLC
List Price
$619,900
Sold Price
$621,000
Premium/Discount to List
$1,100
0.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,661
Avg. Annual Appreciation
10.59%
Original Mortgage
$484,350
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 1986
Sold by
Wood Jr John H and Wood Jean B
Bought by
Geddes James D and Geddes Diane B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferrari Nicholas V | $621,000 | Principle Abstract & Setmnt | |
| Geddes James D | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferrari Nicholas V | $405,000 | |
| Closed | Ferrari Nicholas V | $405,000 | |
| Closed | Ferrari Nicholas V | $100,000 | |
| Closed | Ferrari Nicholas V | $484,350 | |
| Previous Owner | Geddes James D | $50,000 | |
| Previous Owner | Geddes James D | $332,000 | |
| Previous Owner | Geddes James D | $250,000 | |
| Previous Owner | Geddes James D | $160,000 | |
| Previous Owner | Geddes James D | $75,000 | |
| Previous Owner | Geddes James D | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $621,000 | +0.2% | $222 / Sq Ft |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 09/24/2019 09/24/19 | For Sale | $619,900 | -- | $222 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $13,027 | $73,760 | $24,360 | $49,400 |
| 2023 | $12,476 | $73,760 | $24,360 | $49,400 |
| 2022 | $12,354 | $73,760 | $24,360 | $49,400 |
| 2021 | $12,163 | $73,760 | $24,360 | $49,400 |
| 2020 | $11,874 | $73,760 | $24,360 | $49,400 |
| 2019 | $11,601 | $73,760 | $24,360 | $49,400 |
| 2018 | $11,388 | $73,760 | $24,360 | $49,400 |
| 2017 | $10,939 | $73,760 | $24,360 | $49,400 |
| 2016 | $10,939 | $73,760 | $24,360 | $49,400 |
| 2015 | -- | $73,760 | $24,360 | $49,400 |
| 2014 | -- | $73,760 | $24,360 | $49,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Jayne Ortendahl
RE/MAX
(215) 208-0828
1 in this area
46 Total Sales
-
Buyer's Agent in 2020
Todd McCarty
Class-Harlan Real Estate, LLC
(267) 261-8448
12 in this area
84 Total Sales
Map
Source: Bright MLS
MLS Number: PABU480746
APN: 53-002-090-001
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