NOT LISTED FOR SALE

Estimated Value: $779,000 - $941,814

5.87 Acres
$146,841 Price per Acre
255,697 Sq Ft Lot

Last Sold September 20, 2023

Last sale price $240,000 $71 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $5,856/month

42 Days on Market

Highlights

  • 5.87 Acre Lot
  • Wetlands on Lot
  • Cul-De-Sac
  • Hawley Elementary School Rated A
  • No HOA

About This Lot

As of September 2023

Ready to build your large dream home on this beautiful, partially cleared 5.87-acre lot. This is 1 of 2 remaining lots located in a desirable private subdivision with 2 culdesacs and 24 homes next to a conservation reserve.Great commuter location being close to I-84 exits 9 and 10. Very close to town with amenities including shopping, restaurants, parks, schools, etc...Note: power is on site with property having over 1000 feet of road frontage.

Last Agent to Sell the Property

Derek Greene

Derek Greene License #REB.0758797 Listed on: 08/09/2023

Last Buyer's Agent

David Scolpino

Nationwide Homes License #RES.0614650

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,265

Lot Details

  • 5.87 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-2

Schools

  • Hawley Elementary School
  • Newtown Middle School
  • Newtown High School

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,265

Lot Details

0

Listing Details

  • Neighborhood: Newtown Borough
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: From Newtown Flagpole, west on Rte 25, Right on Currituck, left on The Old Rd, left on Fallen Leaf Ln
  • Special Features: None

Interior Features

  • Street Number Modifier: 2

Exterior Features

  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road
  • Road Frontage Approximate: 1000

Utilities

  • Water Source: Public Water In Street, Private Well
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Hawley
  • Middle School: Newtown
  • High School: Newtown

Lot Info

  • Acres: 5.8700
  • Lot Description: On Cul-De-Sac, In Subdivision, Some Wetlands
  • Lot Improvements: Approved Building Lot, Approved Subdivision, Lot Staked
  • Lots Number Of: 1
  • Zoning: R-2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 3265
  • Total Assessed Value: 124430
  • Mil Rate Base: 26.240
  • Mil Rate Total: 26.240
  • Assessor Parcel Number: 2563000

MLS Schools

  • Elementary School: Hawley
  • Middle Jr High School: Newtown
  • High School: Newtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 19, 2023
Sold by
Poyak Steve and Poyak Katalin
Bought by
Dimarzio Paul T and Dimarzio Linda G
Seller's Agent
Derek Greene
Derek Greene
Buyer's Agent
David Scolpino
Nationwide Homes
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Views
46
Current Estimated Value
$861,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,954
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Jan 21, 2015
Sold by
French David
Bought by
Poyak Steve

Purchase Details

Closed on
Apr 1, 2013
Sold by
D French & Sons Builders
Bought by
French Props Llc

Purchase Details

Closed on
Oct 11, 2007
Sold by
Poyak Steve and Poyak Katalin
Bought by
D French & Sons Bldrs Ll
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dimarzio Paul T $240,000 None Available
Dimarzio Paul T $240,000 None Available
Dimarzio Paul T $240,000 None Available
Poyak Steve -- --
Poyak Steve -- --
French Props Llc -- --
French Props Llc -- --
D French & Sons Bldrs Ll $1,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $240,000 -5.9% $71 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $255,000 -- $75 / Sq Ft
Source: SmartMLS

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 $15,653 $544,650 $124,430 $420,220
2024 $3,356 $124,430 $124,430 $0
2023 $3,265 $124,430 $124,430 $0
2022 $3,584 $103,380 $103,380 $0
2021 $3,582 $103,380 $103,380 $0
2020 $3,593 $103,380 $103,380 $0
2019 $3,595 $103,380 $103,380 $0
2018 $3,933 $114,870 $114,870 $0
2017 $2,241 $66,170 $66,170 $0
2016 $2,223 $66,170 $66,170 $0
2015 $2,188 $66,170 $66,170 $0
2014 $2,204 $66,170 $66,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170590162

SmartMLS

APN: NEWT-000019-000006-000001-000006