NOT LISTED FOR SALE

1553 Salem Rd Quakertown, PA 18951

Estimated Value: $461,358 - $533,000

4 Beds
1.5 Baths
2,072 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $242,500 $117 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,078/month

Highlights

  • Parking available for a boat
  • 45.57 Acre Lot
  • Barn or Farm Building
  • Springfield Elementary School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of December 2012

HUGE $45,000 Price Reduction ...bring offer! Are you looking for a farm with just over 45 acres? This 4-bedroom farmhouse in Upper Bucks County is set on 45+/- mostly wooded acreage and a trail leads to a piece of cleared land. On the property is a 46'x62' 2-story solid block barn with water, 110 & 220 electric service, concrete floor and 3+ car capacity with 10' garage door plus large workshop or stall area. Gingerbread millwork adorns the front porch and the exterior was updated with vinyl siding and easy to clean insulated windows throughout. The spacious 17x26 living room features exposed oak beams and the six windows bring in the sun's natural light. A coat closet and wash sink can be found in the laundry room that is located on the main floor. Bring your horses, 4-wheelers, snowmobiles and ride the trail. Shared driveway. Subdivision is not possible. RP Zoning-Resource Protected. Act 319 Forrest Reserve. Minutes to I-78 makes this an easy commute to Allentown, Philadelphia, New Jersey or New York!

Last Agent to Sell the Property

Cheri Savini

(610) 217-6420 savinisellshomes@gmail.com Iron Valley Real Estate Legacy License #RS286330 Listed on: 09/11/2012

Iron Valley Real Estate Legacy

Last Buyer's Agent

Thomas Smeland

(215) 262-2497 tom@realestateteampa.com EXP Realty, LLC License #AB066226

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,594

Year Built

  • Built in 1912

Lot Details

  • 45.57 Acre Lot
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned RP

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Parking available for a boat

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Replacement Windows
  • Living Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Drainage System

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Palisades High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Energy-Efficient Windows
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 42-008-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,594

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Freezer, Washer, Dryer - As Is Condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1912
  • Remarks Public: HUGE $45,000 Price Reduction ...bring offer! Are you looking for a farm with just over 45 acres? This 4-bedroom farmhouse in Upper Bucks County is set on 45+/- mostly wooded acreage and a trail leads to a piece of cleared land. On the property is a 46'x62' 2-story solid block barn with water, 110 & 220 electric service, concrete floor and 3+ car capacity with 10' garage door plus large workshop or stall area. Gingerbread millwork adorns the front porch and the exterior was updated with vinyl siding and easy to clean insulated windows throughout. The spacious 17x26 living room features exposed oak beams and the six windows bring in the sun's natural light. A coat closet and wash sink can be found in the laundry room that is located on the main floor. Bring your horses, 4-wheelers, snowmobiles and ride the trail. Shared driveway. Subdivision is not possible. RP Zoning-Resource Protected. Act 319 Forrest Reserve. Minutes to I-78 makes this an easy commute to Allentown, Philadelphia, New Jersey or New York!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Butlers Pantry, Exposed Beams, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Net Sq Ft: 2072.00
  • Price Per Sq Ft: 123.07
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1553

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed, Barn/Farm Building
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Boat Storage
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Oil, S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PALISADES
  • High School: PALISADES
  • School District Key: 300200397129
  • High School: PALISADES

Lot Info

  • Improvement Assessed Value: 25560.00
  • Land Assessed Value: 7720.00
  • Land Use Code: 1058
  • Lot Features: Irregular, Level, Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 45.57
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1985029.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 178637
  • Tax Annual Amount: 4594.00
  • Assessor Parcel Number: 42-008-003
  • Tax Lot: 003
  • Tax Year: 2012
  • Close Date: 12/21/2012

MLS Schools

  • School District Name: PALISADES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Dec 18, 2012
Sold by
The Edward J Ruppert & Margaret Ruppert
Bought by
Mcelhaney Andrew S and Mcelhaney Jessica L
Seller's Agent
Cheri Savini
Iron Valley Real Estate Legacy
Buyer's Agent
Thomas Smeland
EXP Realty, LLC
List Price
$299,900
Sold Price
$242,500
Premium/Discount to List
-$57,400
-19.14%
Current Estimated Value
$497,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,679
Avg. Annual Appreciation
5.75%
Original Mortgage
$194,000
Outstanding Balance
$142,047
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$355,132

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ruppert Edward J
Bought by
Ruppert Edward J and Ruppert Margaret
Source: Public Records

Range of Values:

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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
Mcelhaney Andrew S $242,500 None Available
Ruppert Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelhaney Andrew S $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $242,500 -4.9% $117 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
10/19/2012 10/19/12 Price Changed $255,000 -7.3% $123 / Sq Ft
10/06/2012 10/06/12 Price Changed $275,000 -8.3% $133 / Sq Ft
09/11/2012 09/11/12 For Sale $299,900 -- $145 / 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 $5,398 $33,280 $7,720 $25,560
2024 $5,398 $33,280 $7,720 $25,560
2023 $5,331 $33,280 $7,720 $25,560
2022 $5,173 $33,280 $7,720 $25,560
2021 $5,074 $48,640 $23,080 $25,560
2020 $5,074 $48,640 $23,080 $25,560
2019 $2,456 $48,640 $23,080 $25,560
2018 $4,984 $48,640 $23,080 $25,560
2017 $4,907 $48,640 $23,080 $25,560
2016 $4,907 $48,640 $23,080 $25,560
2015 $3,475 $48,640 $23,080 $25,560
2014 $3,475 $48,640 $23,080 $25,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004093846

Bright MLS

APN: 42-008-003