NOT LISTED FOR SALE

Estimated Value: $672,000 - $4,141,576

5 Beds
3.5 Baths
3,670 Sq Ft
$634/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,575,000 $702 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $15,227/month

379 Days on Market

Highlights

  • Additional Residence on Property
  • Parking available for a boat
  • In Ground Pool
  • 250 Feet of Waterfront
  • Second Kitchen
  • Water Oriented

About This Home

As of June 2017

NOW OFFERED COMPLETELY "TURN-KEY!" TWO #Waterfront residences with more than 8,000 square feet now comes FULLY FURNISHED, inside AND out, w/ GORGEOUS french linens, towels, plates, glassware etc, kayaks, and so much MORE! All you need to do is bring your clothes and MOVE IN! Architecturally designed and decorated by two, not one but two, world-renowned designers, can now all be yours AND with a reduction of 45,000!!! There isn't a place more perfect than the #WATERFRONT #MerestoneFarm Estate for a midsummer night's dream or a winter afternoon by the fire! This sophisticated yet comfortable #countryliving retreat on #Lake Nockamixon in bucolic #buckscounty complete with an immaculately restored #historicfarmhouse, converted barn/guesthouse, extensive terraces, pool and pool house set amid expertly landscaped grounds, wildlife sanctuary now home to spectacular bald eagles, is a place where friends and family gather. While away the hours boating on the 1,100-acre lake, lounging by your pool or perhaps tending to your veggies in the garden; as evening falls, chase fireflies as the moon rises. Time spent inside also is a dream ? the property twice was featured in Architectural Digest, and #tweeted multiple times by #Veranda magazine. Character and historical details, windows with verdant views and quality finishes are present throughout. The main living spaces include a living room with walk-in-fireplace; formal dining room with French doors to a screened porch; deluxe kitchen and stunning library with fireplace and picture-window views. Private quarters are upstairs with an en suite master bedroom with its own laundry facility, three additional bedrooms and a two more ful baths. Across the cobblestone and pebbled courtyard is the converted barn/guest house, a case study in how to do a #convertedbarn properly. Dramatic, open-plan interiors showcase exposed timbers and structural supports. Throughout, top-of-the-line finishes and fixtures, including a stairway handrail that is a found-object work of art, create a truly magazine-worthy living space. The chef's kitchen is outfitted with custom cabinetry, radiant heated limestone flooring, pro-grade appliances and a dinner-party-sized dining area w/custom designed and made dining table. The floor-to-ceiling windows in the great room act like a magnet, drawing your eye to a croquet-ready expanse of grass bordered by manicured trees. (REFER ONLY the pics in MLS reflect everything being left w/the property)***

Last Agent to Sell the Property

Caryn Black

B&B Luxury Properties License #RS283866 Listed on: 05/25/2016

Last Buyer's Agent

Dana Lansing

Kurfiss Sotheby's International Realty License #RS273236

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,172

Year Built

  • Built in 1810

Lot Details

  • 7.84 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned RA

Parking

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

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Slate Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

  • Second Kitchen
  • Commercial Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Unfinished Basement

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

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio
  • Porch

Additional Homes

  • Additional Residence on Property

Schools

  • Pennridge High School

Farming

  • Converted Barn or Barndominium
  • Spring House

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 045
  • Assessor Parcel Number 12-011-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,172

Year Built

Built in 1810

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Converted Barn, Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1810
  • Remarks Public: NOW OFFERED COMPLETELY "TURN-KEY!" TWO #Waterfront residences with more than 8,000 square feet now comes FULLY FURNISHED, inside AND out, w/ GORGEOUS french linens, towels, plates, glassware etc, kayaks, and so much MORE! All you need to do is bring your clothes and MOVE IN! Architecturally designed and decorated by two, not one but two, world-renowned designers, can now all be yours AND with a reduction of 45,000!!! There isn't a place more perfect than the #WATERFRONT #MerestoneFarm Estate for a midsummer night's dream or a winter afternoon by the fire! This sophisticated yet comfortable #countryliving retreat on #Lake Nockamixon in bucolic #buckscounty complete with an immaculately restored #historicfarmhouse, converted barn/guesthouse, extensive terraces, pool and pool house set amid expertly landscaped grounds, wildlife sanctuary now home to spectacular bald eagles, is a place where friends and family gather. While away the hours boating on the 1,100-acre lake, lounging by your pool or perhaps tending to your veggies in the garden; as evening falls, chase fireflies as the moon rises. Time spent inside also is a dream ? the property twice was featured in Architectural Digest, and #tweeted multiple times by #Veranda magazine. Character and historical details, windows with verdant views and quality finishes are present throughout. The main living spaces include a living room with walk-in-fireplace; formal dining room with French doors to a screened porch; deluxe kitchen and stunning library with fireplace and picture-window views. Private quarters are upstairs with an en suite master bedroom with its own laundry facility, three additional bedrooms and a two more ful baths. Across the cobblestone and pebbled courtyard is the converted barn/guest house, a case study in how to do a #convertedbarn properly. Dramatic, open-plan interiors showcase exposed timbers and structural supports. Throughout, top-of-the-line finishes and fixtures, including a stairway handrail that is a found-object work of art, create a truly magazine-worthy living space. The chef's kitchen is outfitted with custom cabinetry, radiant heated limestone flooring, pro-grade appliances and a dinner-party-sized dining area w/custom designed and made dining table. The floor-to-ceiling windows in the great room act like a magnet, drawing your eye to a croquet-ready expanse of grass bordered by manicured trees. (REFER ONLY the pics in MLS reflect everything being left w/the property)***
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Whirlpool/Hottub, 2nd Kitchen, Wet/Dry Bar
  • Fireplace Features: Stone
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Upper Floor
  • Street Number Modifier: 2500

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: 2nd House, Barn/Farm Building, Spring House
  • Other Structures List: 2nd House, Barn/Farm Building, Spring House
  • Construction Materials: Wood Siding, Stone
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler, Boat Storage
  • Pool Features: In Ground
  • Roof: Pitched, Metal, Slate
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: No
  • Water Frontage In Feet: 250

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air, Radiator, Radiant
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PENNRIDGE
  • High School: PENNRIDGE
  • School District Key: 300200397141
  • High School: PENNRIDGE

Lot Info

  • Improvement Assessed Value: 132820.00
  • Land Assessed Value: 16400.00
  • Land Use Code: 1050
  • Lot Features: Level, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 7.84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 341728.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 61816
  • Tax Annual Amount: 25172.00
  • Assessor Parcel Number: 12-011-045
  • Tax Lot: 045
  • Tax Year: 2017
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Jun 30, 2017
Sold by
Friezo Michael and Friezo Michelle
Bought by
Sklar Gary Steven and Sklar Mila Marie
Seller's Agent
Caryn Black
B&B Luxury Properties
Buyer's Agent
Dana Lansing
Kurfiss Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,575,000
Premium/Discount to List
-$375,000
-12.71%
Total Days on Market
379
Current Estimated Value
$2,325,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,856
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Jan 31, 2005
Sold by
Reynolds James and Reynolds Joanne Quan
Bought by
Friezo Michael and Friezo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 1990
Bought by
Reynolds James and Joanne Quan
Source: Public Records

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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
Sklar Gary Steven $2,575,000 None Available
Friezo Michael $1,417,750 --
Reynolds James $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friezo Michael $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $2,575,000 -6.4% $702 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
03/29/2017 03/29/17 Price Changed $2,750,000 -1.6% $749 / Sq Ft
10/08/2016 10/08/16 Price Changed $2,795,000 -5.3% $762 / Sq Ft
05/25/2016 05/25/16 For Sale $2,950,000 -- $804 / 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 $26,105 $149,220 $16,400 $132,820
2023 $25,806 $149,220 $16,400 $132,820
2022 $25,806 $149,220 $16,400 $132,820
2021 $25,806 $149,220 $16,400 $132,820
2020 $25,806 $149,220 $16,400 $132,820
2019 $25,657 $149,220 $16,400 $132,820
2018 $25,359 $149,220 $16,400 $132,820
2017 $25,172 $149,220 $16,400 $132,820
2016 $25,172 $149,220 $16,400 $132,820
2015 -- $149,220 $16,400 $132,820
2014 -- $149,220 $16,400 $132,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002585811

Bright MLS

APN: 12-011-045