NOT LISTED FOR SALE

248 Thompson Mill Rd Newtown, PA 18940

Central Bucks County Neighborhood

Estimated Value: $788,546 - $829,000

2 Beds
2 Baths
1,156 Sq Ft
$696/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $575,000 $497 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,067/month

36 Days on Market

Highlights

  • Scenic Views
  • 4.97 Acre Lot
  • Pond
  • Sol Feinstone Elementary School Rated A
  • Private Lot
  • Partially Wooded Lot

About This Home

As of July 2021

This charming, well maintained Upper Makefield ranch, featuring 2 bedrooms and 2 bathrooms, offers unparalleled privacy given it’s excellent location. The property provides its owners with absolutely breathtaking scenic views of its own land approximately 5 acres, as well the countless acres of preserved land and a very large private adjoining it: This is the definition of Upper Makefield’s pristine privacy. Enjoy it’s beautiful, mature trees and a small pond. Newer appliances, oil tank, heat pump, and a whole-house generator. Centrally located: close to New Hope, Newtown and Washington Crossing. Easy commute to I -95, trains to NYC and Philadelphia. Award winning Council Rock School District. There is so much potential to transform this into your dream property! Property is being sold as is. ****BucksCountyboa.org site states acreage as 4.93 .

Last Agent to Sell the Property

Lori Kramer

Addison Wolfe Real Estate License #RS281979 Listed on: 05/17/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1959

Lot Details

  • 4.97 Acre Lot
  • East Facing Home
  • Private Lot
  • Partially Wooded Lot
  • Back and Side Yard
  • Property is in very good condition
  • Property is zoned JM

Property Views

  • Pond
  • Scenic Vista
  • Woods

Home Design

  • Rambler Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,156 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Double Sided Fireplace
  • Stone Fireplace
  • Family Room
  • Den
  • Utility Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • Cedar Closet

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Circular Driveway

Schools

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

Utilities

  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Pond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 47-004-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,008

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer/Dryer. Kitchen refrigerator, Kitchenette refrigerator. Whole house propane generator. All as is condition.
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-05-17
  • Federal Flood Zone: No
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This charming, well maintained Upper Makefield ranch, featuring 2 bedrooms and 2 bathrooms, offers unparalleled privacy given it’s excellent location. The property provides its owners with absolutely breathtaking scenic views of its own land approximately 5 acres, as well the countless acres of preserved land and a very large private adjoining it: This is the definition of Upper Makefield’s pristine privacy. Enjoy it’s beautiful, mature trees and a small pond. Newer appliances, oil tank, heat pump, and a whole-house generator. Centrally located: close to New Hope, Newtown and Washington Crossing. Easy commute to I -95, trains to NYC and Philadelphia. Award winning Council Rock School District. There is so much potential to transform this into your dream property! Property is being sold as is. ****BucksCountyboa.org site states acreage as 4.93 .
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Washer, Water Heater, Refrigerator, Oven/Range - Electric, Extra Refrigerator/Freezer, Water Conditioner - Owned
  • Flooring Type: Ceramic Tile, Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In, Kitchenette, Cedar Closet(s), Wood Floors
  • Fireplace Features: Double Sided, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Kitchen, Family Room, Laundry, Office, Utility Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1156
  • Living Area Sq Ft: 1156
  • Price Per Sq Ft: 562.20
  • Above Grade Finished Sq Ft: 1156
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 248

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • View: Scenic Vista, Trees/Woods, Pond
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Circular Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: COUNCIL ROCK
  • Elementary School: SOL FEIN
  • Middle School: NEWTOWN JR
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • School District Key: 300200397420
  • Elementary School: SOL FEIN
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • Middle Or Junior School: NEWTOWN JR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 18240.00
  • Land Assessed Value: 18560.00
  • Lot Features: Partly Wooded, Pond, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 4.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 216465.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: JM

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 184448
  • School Tax: 4792.00
  • Tax Annual Amount: 6008.00
  • Assessor Parcel Number: 47-004-040
  • Tax Lot: 040
  • Tax Page Number: 416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/16/2021

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 23, 2021
Sold by
Lombardi Thomas F and Lombardi Richard James
Bought by
Cochran Allen B and Cochran Katie L
Seller's Agent
Lori Kramer
Addison Wolfe Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$649,900
Sold Price
$575,000
Premium/Discount to List
-$74,900
-11.52%
Current Estimated Value
$829,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,551
Avg. Annual Appreciation
9.83%
Original Mortgage
$460,000
Outstanding Balance
$422,939
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$419,305

Purchase Details

Closed on
Sep 12, 1977
Sold by
Mccloskey Herbert J and Mccloskey Ellen
Bought by
Lombardi Thomas F and Lombardi Victoria P
Source: Public Records

Range of Values:

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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
Cochran Allen B $575,000 None Available
Lombardi Thomas F $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Allen B $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $575,000 -11.5% $497 / Sq Ft
05/17/2021 05/17/21 For Sale $649,900 -- $562 / 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
2024 $6,295 $36,800 $18,560 $18,240
2023 $6,122 $36,800 $18,560 $18,240
2022 $6,091 $36,800 $18,560 $18,240
2021 $6,008 $36,800 $18,560 $18,240
2020 $5,864 $36,800 $18,560 $18,240
2019 $5,728 $36,800 $18,560 $18,240
2018 $5,622 $36,800 $18,560 $18,240
2017 $5,467 $36,800 $18,560 $18,240
2016 $5,550 $36,800 $18,560 $18,240
2015 -- $36,800 $18,560 $18,240
2014 -- $36,800 $18,560 $18,240
Source: Public Records

Agents Affiliated with this Home

  • Lori Kramer

    Seller's Agent in 2021

    Lori Kramer

    Addison Wolfe Real Estate

    (267) 243-5638

    1 in this area

    4 Total Sales

    Section Image

  • d

    Buyer's Agent in 2021

    datacorrect BrightMLS

    Non Subscribing Office

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Map

Source: Bright MLS

MLS Number: PABU520432

Bright MLS

APN: 47-004-040

Pennsylvania Bucks County Newtown 18938 Central Bucks County

248 Thompson Mill Rd, Newtown, PA

This home is located at 248 Thompson Mill Rd, Newtown, PA 18940 since 17 May 2021 and is currently estimated at $804,387, approximately $695 per square foot. This property was built in 1959. 248 Thompson Mill Rd is a home located in Bucks County with nearby schools including Sol Feinstone Elementary School, Newtown Middle School, and Council Rock High School North.

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