NOT LISTED FOR SALE

1886 Aquetong Rd New Hope, PA 18938

Estimated Value: $1,890,000 - $2,072,675

4 Beds
3.5 Baths
4,784 Sq Ft
$418/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $1,850,000 $387 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,655/month

4 Days on Market

Highlights

  • 1.72 Acre Lot
  • Open Floorplan
  • 1 Fireplace
  • New Hope-Solebury Upper Elementary School Rated A
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of January 2023

Privacy and serenity. Exquisite architecture. Modern luxury. 1886 Aquetong Rd is a property suited for the most discerning buyer. One who seeks exceptional beauty and the innate desire to reside in a one-of-a kind art piece. The home was artistically designed and built by one of the leading innovators of 20th century furniture design, internationally acclaimed artist George Katsutoshi Nakashima. The sprawling contemporary home is enveloped by Japanese inspired rock gardens, or sekitei. Strategically placed stones and expanses of white raked gravel are vital elements to a Japanese garden and are considered the ultimate expression of beauty.

The entrance hall sets the tone to amaze anyone who enters. Understated elegance, yet absolute uniqueness is created by a tasteful combination of architectural choices, such as: The stunning entrance door, a masterpiece created by George Nakashima, consisting of a huge live piece of wood surrounded by edged glass. The soaring beamed ceiling with four skylights, the original warm walnut floors, the original large Japanese inspired circular windows and a babbling indoor stone koi pond. Together with the adjoining art gallery, the foyer design is the perfect blend of architectural grandeur meets minimalism. And truly captures the peaceful essence you will experience throughout the remainder of the home. Adjacent to the gallery you will find the amazing designer powder room. The ultramodern Seimatic kitchen features deep lacquer detailing, black granite countertops and high-end appliances. Centering the kitchen and surrounding dining and living areas, you will find a customary Tokonoma tree post, which honors visitors. Multiple sets of glass doors bookend the spacious great room, providing direct access to expansive decking. Dine al fresco by the light of the elevated fire bowl, overlooking meticulous gardens and meandering stone walkways.
Adjacent to the kitchen/dining room separated by two custom designed double doors you will find a small meditation room, presently used as an art studio/library. Multiple skylights and large glass doors inspire the feeling of living with nature.
The primary bedroom suite with its expansive elegant marble bathroom offers peace, calm and privacy. A wall of windows and doors provide unobstructed views of the surrounding tranquil landscape. Marble tub and shower, multiple custom closets, and a mirrored dressing area complete the opulent master suite. The guest wing adjacent to the gallery hall offers two large bedrooms, featuring a uniquely beautiful bathroom, a wet bar and a small sitting room with large glass doors that open to the garden. The larger bedroom of the two features a small office area and a separate private entrance to the front yard. A professional office space, also with separate entrance, and a galley style laundry room complete the remainder of the sprawling interior. A large bonus room located above the two-car garage provides ample space for an additional office or art studio.
While it may be a conversation piece through its uniqueness it simultaneously offers serenity and peace. Surrounded by forest on the back of the property as well as large trees and foliage on both sides ensuring seclusion and privacy. This spectacular country retreat is ideally located just 71 miles from New York City and 39 miles from Philadelphia. As well as mere minutes from New Hope’s famed Delaware River canal path where you will undoubtedly enjoy long peaceful walks or bicycle rides along the endless riverside lane.
1886 offers a once in a lifetime opportunity to own and live in a rare and extraordinary piece of artistic history. Its understated elegance is beyond compare and is widely considered to be the ultimate collector’s piece.

Last Agent to Sell the Property

Margot McKenna

(215) 584-7775 paequestrianrealtor@gmail.com Compass RE License #RS326866 Listed on: 11/05/2022

Compass RE

Last Buyer's Agent

Amelie Escher

(609) 937-0479 escher@kurfiss.com Kurfiss Sotheby's International Realty License #RS329277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,030

Year Built

  • Built in 1954

Lot Details

  • 1.72 Acre Lot
  • Stone Retaining Walls
  • Extensive Hardscape
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Studio
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 4,784 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Built-In Range
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Soaking Tub
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Water Treatment System
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 41-036-112

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,030

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Mid-Century Modern
  • Ownership: Fee Simple
  • Exclusions: WOOD WALL PEICE IN STUDIO, FILE CABINET DESK IN GREAT ROOM, GLASS SHELVING IN GALLERY
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Oven - Double, Refrigerator, Trash Compactor
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In, Skylight(s), Stall Shower, Water Treat System, Bar, Breakfast Area, Built-Ins, Exposed Beams, Floor Plan - Open, Soaking Tub, Studio, Store/Office
  • Fireplaces Count: 1
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Laundry, Additional Bedroom
  • Basement: No
  • Total Sq Ft: 4784
  • Living Area Sq Ft: 4784
  • Price Per Sq Ft: 386.71
  • Above Grade Finished Sq Ft: 4784
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Secure Storage, Stone Retaining Walls
  • 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 - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

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

  • Improvement Assessed Value: 71850.00
  • Land Assessed Value: 16120.00
  • Lot Size Acres: 1.72
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74923.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 177399
  • School Tax: 9609.00
  • Tax Annual Amount: 14030.00
  • Assessor Parcel Number: 41-036-112
  • Tax Lot: 112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 23, 2023
Sold by
Azar Petra
Bought by
Hill Jennifer Walker
Seller's Agent
Margot McKenna
Compass RE
Buyer's Agent
Amelie Escher
Kurfiss Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,850,000
Views
81
Current Estimated Value
$1,997,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,558
Avg. Annual Appreciation
2.82%
Original Mortgage
$1,150,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 7, 2018
Closed on
Sep 20, 2018
Sold by
Casella Crhsitiane M and Dansky Stpehen
Bought by
Azar Charles and Azar Petra
Seller's Agent
John McClintock
Keller Williams Real Estate - Newtown
Buyer's Agent
Margot McKenna
Compass RE
List Price
$1,350,000
Sold Price
$1,235,000
Premium/Discount to List
-$115,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$1,852,500
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Apr 16, 2010
Closed on
May 11, 2012
Sold by
Klein Stanley H and Klein Esther
Bought by
Casella Christian M and Dansky Stephen
Seller's Agent
Stefan Dahlmark
Kurfiss Sotheby's International Realty
Buyer's Agent
John McClintock
Keller Williams Real Estate - Newtown
List Price
$995,000
Sold Price
$725,000
Premium/Discount to List
-$270,000
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Galietta Gerald E
Bought by
Klein Stanley H and Klein Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.76%

Purchase Details

Closed on
Sep 15, 1997
Sold by
Edelman Leslie
Bought by
Galietta Gerald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Hill Jennifer Walker $1,850,000 First Service Abstract
Azar Charles $1,235,000 First Services Abstract Inc
Casella Christian M $725,000 None Available
Klein Stanley H $750,000 --
Galietta Gerald E $372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hill Jennifer Walker $1,150,000
Previous Owner Azar Charles $1,852,500
Previous Owner Klein Stanley H $600,000
Previous Owner Galietta Gerald E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2023 01/23/23 Sold $1,850,000 0.0% $387 / Sq Ft
11/05/2022 11/05/22 For Sale $1,850,000 +49.8% $387 / Sq Ft
09/21/2018 09/21/18 Sold $1,235,000 -8.5% $258 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Pending -- -- --
07/07/2018 07/07/18 For Sale $1,350,000 +86.2% $282 / Sq Ft
05/11/2012 05/11/12 Sold $725,000 -3.3% $152 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Pending -- -- --
01/30/2012 01/30/12 Price Changed $750,000 +15.4% $157 / Sq Ft
01/13/2012 01/13/12 Price Changed $650,000 -23.3% $136 / Sq Ft
08/08/2011 08/08/11 Price Changed $848,000 -10.5% $177 / Sq Ft
07/25/2011 07/25/11 Price Changed $948,000 -4.7% $198 / Sq Ft
07/14/2011 07/14/11 For Sale $995,000 0.0% $208 / Sq Ft
07/06/2011 07/06/11 Pending -- -- --
06/27/2011 06/27/11 Price Changed $995,000 -20.4% $208 / Sq Ft
01/06/2011 01/06/11 Price Changed $1,250,000 -10.4% $261 / Sq Ft
10/13/2010 10/13/10 Price Changed $1,395,000 -6.7% $292 / Sq Ft
04/16/2010 04/16/10 For Sale $1,495,000 -- $313 / 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 $14,399 $87,970 $16,120 $71,850
2024 $14,399 $87,970 $16,120 $71,850
2023 $14,031 $87,970 $16,120 $71,850
2022 $13,936 $87,970 $16,120 $71,850
2021 $13,658 $87,970 $16,120 $71,850
2020 $13,336 $87,970 $16,120 $71,850
2019 $13,046 $87,970 $16,120 $71,850
2018 $12,756 $87,970 $16,120 $71,850
2017 $12,267 $87,970 $16,120 $71,850
2016 $12,267 $87,970 $16,120 $71,850
2015 -- $85,090 $16,120 $68,970
2014 -- $85,640 $16,120 $69,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2039276

Bright MLS

APN: 41-036-112