NOT LISTED FOR SALE

Estimated Value: $675,000 - $793,000

4 Beds
2.5 Baths
2,999 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $505,000 $168 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,715/month

44 Days on Market

Highlights

  • 2.67 Acre Lot
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2020

It's not every day an opportunity like this comes along. This dynamite farmhouse, originally built in 1798, has been updated with you in mind. Known today as Pond View Farm, this 2.67 acre home will truly take your breath away. Purchased from William Penn and once owned by the Norris Family, you will own a piece of history as Norristown was named after the Norris family. This home offers all the privacy you could hope while being part of a neighborhood and close to everything needed in a day including shopping, restaurants, grocery stores and major travel highways including 202, 422, 476, 76 and more. A rarity of the era, this home boasts over 3,000 square feet of living space and radiates warmth, charm and character immediately upon pulling up to your u-shaped driveway and front door. The warmth and charm of the home is instantly experienced upon entry. As you enter, you will be immediately drawn towards the living room where the focal point of the room is the oversized brick hearth with original fireplace that will be the gathering place for any occasion. Additional features of this room are the charming built-in cabinets and the reclaimed barn wood mantle on the fireplace. A spacious and sun-filled room sits off of the family room and is ideal for use of a den, in-home office or workout space which exits to a beautiful elevated deck that overlooks unbelievable views of the homes park-like yard with rolling hills, large man-made pond, and steps down to an additional stone patio! When in the heart of the home, the country kitchen features recessed lighting, classic white cabinetry, sleek black appliances including an electric cooktop and French door style refrigerator, Corian countertops that wrap around to a breakfast bar and plenty of space for a kitchen table. The kitchen conveniently sits off the main level laundry/mudroom with a small side porch entry perfect for entering the home from the driveway, and also offers French doors that open to a stone patio to the back of the home where serene views of the property continue. An exposed hardwood staircase leads to the upper level and showcases endless storage space in the hall closets. Prepare to fall in love with the tranquil owner suite heightened by tall cathedral ceilings, loads of closet space, and a Juliette balcony that overlooks the entire back portion of the property to be enjoyed from sunset to sundown! Attached is a private en suite bath with a glass shower, and dual vanities. The additional 3 bedrooms on this level all feature hardwood floors under the carpets and every room of the home fancies exceptional views of this exquisite property. When in need of more space, there is an additional level which would be great as a loft, additional bedroom, play area or an in home office. The outdoor space of the home truly cannot be overlooked, with its peaceful surroundings from every angle. The large pond can be used for fishing and is stocked with large koi, bass, catfish, bluegill and more! A delightful wooden bridge leads you to a 2 story, 1,800 sqft barn with 6 horse stalls on the bottom, a 100-amp subpanel allowing for electricity, cable and cat.5 communications. There is a 3-car garage detached from the home with a spacious storage shed. Incredible location close to all the major commuter routes, and just minutes from all your everyday needs, shopping, dining, and entertainment! This stunning farmhouse sits close to the Schuylkill River, and one that must be seen in person to truly take in all that it has to offer! This property, although historic in nature, is not restricted to the Historical Registry. Location is eligible along with transportation to Renaissance Academy Charter School.

Last Agent to Sell the Property

Nicole Marcum Rife

(484) 678-8131 nicole@riferealestategroup.com Compass RE License #RS306682 Listed on: 05/22/2020

Compass RE

Last Buyer's Agent

Jeffrey Bannan

(443) 756-4152 jeff@soldbybannan.com Real of Pennsylvania

Real of Pennsylvania

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 1798

Lot Details

  • 2.67 Acre Lot
  • Lot Dimensions are 158.00 x 0.00
  • Historic Home
  • Property is in excellent condition
  • Property is zoned RA

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Frame Construction
  • Pitched Roof
  • Shake Roof

Interior Spaces

  • 2,999 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • 1 Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Balcony
  • Deck
  • Outbuilding

Schools

  • Norristown High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Vented Exhaust Fan
  • Oil Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Norristown Subdivision

Listing and Financial Details

  • Tax Lot 066
  • Assessor Parcel Number 63-00-08186-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,997

Year Built

Built in 1798

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer/Dryer.
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: Refrigerator. Barn is being sold in as-is condition.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1798
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Exhaust Fan, Oven - Single, Oven - Wall, Range Hood, Water Heater
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Chair Railings, Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Wainscotting, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Den, Basement, Foyer, Laundry, Attic, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2999
  • Living Area Sq Ft: 2999
  • Price Per Sq Ft: 166.72
  • Above Grade Finished Sq Ft: 2999
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Stable
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Roof: Pitched, Shake
  • 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
  • Parking Features: Circular Driveway, Paved Driveway, Private
  • Garage Features: Additional Storage Area, Garage Door Opener, Garage - Side Entry, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer, Public Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: NORRISTOWN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 2.67
  • Lot Dimensions: 158.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 116305.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Excellent
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 854638
  • School Tax: 9111.00
  • Tax Annual Amount: 10997.00
  • Assessor Parcel Number: 63-00-08186-085
  • Tax Lot: 066
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: NORRISTOWN AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 18, 2020
Sold by
Prince Alex R and Prince Karen U
Bought by
Mell Benjamin and Mell Jessica
Seller's Agent
Nicole Marcum Rife
Compass RE
Buyer's Agent
Jeffrey Bannan
Real of Pennsylvania
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$714,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,429
Avg. Annual Appreciation
6.76%
Original Mortgage
$479,750
Outstanding Balance
$425,572
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$288,857

Purchase Details

Closed on
Sep 11, 1998
Sold by
Warden William Gray and Warden Abbie Lee
Bought by
Prince Alex R and Prince Karen U
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mell Benjamin $505,000 None Available
Prince Alex R $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mell Benjamin $479,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $505,000 +1.0% $168 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $500,000 -- $167 / 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 $11,610 $237,630 $92,040 $145,590
2024 $11,610 $237,630 $92,040 $145,590
2023 $11,479 $237,630 $92,040 $145,590
2022 $11,404 $237,630 $92,040 $145,590
2021 $11,335 $237,630 $92,040 $145,590
2020 $10,997 $237,630 $92,040 $145,590
2019 $3,371 $237,630 $92,040 $145,590
2018 $8,526 $237,630 $92,040 $145,590
2017 $10,150 $237,630 $92,040 $145,590
2016 $10,057 $237,630 $92,040 $145,590
2015 $9,318 $237,630 $92,040 $145,590
2014 $9,318 $237,630 $92,040 $145,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC639024

Bright MLS

APN: 63-00-08186-085