NOT LISTED FOR SALE

111 Jericho Valley Dr Newtown, PA 18940

Estimated Value: $1,382,000 - $1,504,572

4 Beds
3.5 Baths
3,582 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2020

Last sale price $945,840 $264 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,082 / mo

134 Days on Market

Highlights

  • New Construction
  • Gourmet Kitchen
  • Traditional Architecture
  • Wrightstown Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of October 2020

Only 2 lots remain for sale! Welcome to Jericho Valley, a beautiful tree lined existing community nestled in the quiet setting of Wrightstown Township, Bucks County. A rare opportunity exists to build your custom, luxury new home on a beautiful level 1 acre lot buffered by mature trees. Jericho Valley offers quiet country living with an excellent location and easy access to major roadways, shopping, local restaurants and the highly sought after, Council Rock School District. Photos are of the Buckingham Classic Model. Sit on your covered front porch, and enjoy the beautiful views of the spacious front yard and tree lined street. As you enter the Buckingham Model, you will find a dramatic two story foyer, custom crown molding & trim detail, and a beautiful split style oak staircase with stained treads and painted risers. An over-sized living room with custom crown molding to one side and a private office/study to the other. A large formal dining room with custom crown molding and chair rail sits just off the kitchen room lending itself to large gatherings and entertaining. The gourmet kitchen features a large center island with room for bar stools and a breakfast room overlooking a family room with gas fireplace creating an open floor plan. The second floor features generous bedroom sizes and one en-suite with its own full bathroom. The master bedroom features a sitting room and a luxurious master bath with 2 vanities, a free standing soaking tub, over sized shower with seat, linen closet and 2 large walk in closets. The second floor laundry room with laundry tub with large walk in linen closet add to this homes easy living. The full basement features a 9' basement wall height and is ready for finishing! This to be built home has it all and can be customized to be meet every dream and need! Situated on 1 acre, this home has a picturesque view from any angle. Award Winning Council Rock School District. Great location for the NJ, NY or Philadelphia Commuter. Pictures are of a Buckingham Model Home previously built and are for representational purposes and are not of the actual home on this lot. The listed model is an example of a home that can be built on this home site. Additional floor plans are available and vary in price or, we can design your custom dream home with you! Contact listing agent for additional details available upon request.

Last Agent to Sell the Property

Danielle Davis

(215) 643-2500 ddavis@lnf.com Howard Hanna Real Estate Services License #RS327459 Listed on: 05/23/2020

Howard Hanna Real Estate Services

Last Buyer's Agent

Mark Caola

(267) 350-5555 info@cbhearthside.com Coldwell Banker Hearthside License #RS197067L

Coldwell Banker Hearthside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 196x 222
  • Level Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned CR1

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Pitched Roof
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Gas Fireplace
  • Mud Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Sol Feinstone Elementary School
  • Newtown Jr Middle School
  • Council Rock High School North

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association
  • Built by Triumph
  • Jericho Valley Subdivision, Custom Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 53-002-103-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,234

Year Built

Built in 2020 | New Construction

Lot Details

1.01 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Oven - Wall
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Mud Room, Office
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 8784
  • Living Area Sq Ft: 3582
  • Price Per Sq Ft: 247.32
  • Above Grade Finished Sq Ft: 3582
  • Above Grade Unfinished Sq Ft: 3502
  • Below Grade Sq Ft: 1700
  • Total Below Grade Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Construction Completed: No
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle, Pitched
  • 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: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: SOL FEINSTONE
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • Middle Or Junior School: NEWTOWN JR

Lot Info

  • Lot Features: Front Yard, Level, Rear Yard
  • Lot Size Acres: 1.01
  • Lot Dimensions: 196x 222
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43995.60
  • Property Condition: Excellent
  • Zoning: CR1

Building Info

  • Builder Name: Triumph

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 12575904
  • Tax Annual Amount: 1234.00
  • Assessor Parcel Number: 53-002-103-11
  • Tax Year: 2020

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Oct 29, 2020
Sold by
Triumph Development Group Llc
Bought by
Russo Augustus and Russo Donna
Seller's Agent
Danielle Davis
Howard Hanna Real Estate Services
Buyer's Agent
Mark Caola
Coldwell Banker Hearthside
List Price
$885,900
Sold Price
$945,840
Premium/Discount to List
$59,940
6.77%
Current Estimated Value
$1,460,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,053
Avg. Annual Appreciation
8.27%
Original Mortgage
$960,000
Outstanding Balance
$858,887
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$602,006

Purchase Details

Closed on
Jun 12, 2020
Sold by
Iorio Michael J and Iorio Rita M
Bought by
Triumph Development Group Llc

Purchase Details

Closed on
Sep 5, 1997
Sold by
Zarzycki Gary E and Zarzycki Robin L
Bought by
Iorio Michael J and Iorio Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1986
Bought by
Zarzycki Gary E and Zarzycki Robin L
Source: Public Records
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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
Russo Augustus $315,000 Tohickon Settlement Svcs Inc
Triumph Development Group Llc $500,000 Tohickon Settlement Svcs Inc
Iorio Michael J $415,000 --
Zarzycki Gary E $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Augustus $960,000
Previous Owner Iorio Michael J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $945,840 +6.8% $264 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $885,900 -- $247 / Sq Ft
Source: Bright MLS

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 $16,681 $94,450 $9,000 $85,450
2024 $16,681 $94,450 $9,000 $85,450
2023 $15,976 $94,450 $9,000 $85,450
2022 $1,206 $7,200 $7,200 $0
2021 $13,175 $79,900 $21,380 $58,520
2020 $11,043 $82,880 $24,360 $58,520
2019 $2,310 $82,880 $24,360 $58,520
2018 $10,591 $82,880 $24,360 $58,520
2017 $10,173 $82,880 $24,360 $58,520
2016 $10,173 $82,880 $24,360 $58,520
2015 -- $82,880 $24,360 $58,520
2014 -- $82,880 $24,360 $58,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU496824

Bright MLS

APN: 53-002-103-011

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