NOT LISTED FOR SALE

2856 N Sugan Rd New Hope, PA 18938

Estimated Value: $1,371,000 - $1,646,000

4 Beds
2.5 Baths
3,320 Sq Ft
$451/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $1,250,000 $377 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,497/month

4 Days on Market

Highlights

  • In Ground Pool
  • 4.28 Acre Lot
  • 2 Fireplaces
  • New Hope-Solebury Upper Elementary School Rated A
  • Converted Barn or Barndominium
  • No HOA

About This Home

As of April 2021

Primrose Creek Farm is a 5 acre premier property in the heart of Solebury. The stone farmhouse has been lovingly restored featuring a large chef’s kitchen, 3-4 bedrooms and renovated bathrooms. The high ceilings is illustrative of an affluent pedigree. The property contains an in ground pool and a small barn that has been converted into an insulated artist studio or workshop. Less than 8 minutes to the heart of New Hope. Rarely do renovated stone farmhouses on 5 acres come on the market at this price...$1,175,000....in Solebury. Note: This property is part of a 500 acre land grant from William Penn….Owned for more than a half-century by the Paxson family, who built the existing stone farmhouse in 1852….Later owned for decades by members of the Michener family…A working 170-acre farm thru the mid-20th century.

Last Agent to Sell the Property

Art Mazzei

Addison Wolfe Real Estate Listed on: 02/24/2021

Last Buyer's Agent

Louise Williamson

Keller Williams Real Estate-Doylestown License #RS271321

Keller Williams Real Estate-Doylestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,814

Year Built

  • Built in 1850

Lot Details

  • 4.28 Acre Lot
  • Property is zoned R2

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Converted Barn or Barndominium
  • Farmhouse Style Home
  • Frame Construction

Interior Spaces

  • 3,320 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number 41-013-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,814

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Converted Barn
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: Primrose Creek Farm is a 5 acre premier property in the heart of Solebury. The stone farmhouse has been lovingly restored featuring a large chef’s kitchen, 3-4 bedrooms and renovated bathrooms. The high ceilings is illustrative of an affluent pedigree. The property contains an in ground pool and a small barn that has been converted into an insulated artist studio or workshop. Less than 8 minutes to the heart of New Hope. Rarely do renovated stone farmhouses on 5 acres come on the market at this price...$1,175,000....in Solebury. Note: This property is part of a 500 acre land grant from William Penn….Owned for more than a half-century by the Paxson family, who built the existing stone farmhouse in 1852….Later owned for decades by members of the Michener family…A working 170-acre farm thru the mid-20th century.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3320
  • Living Area Sq Ft: 3320
  • Price Per Sq Ft: 353.92
  • Above Grade Finished Sq Ft: 3320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2856

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 56170.00
  • Land Assessed Value: 26360.00
  • Land Use Code: 1018
  • Lot Size Acres: 4.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 186219.00
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 175078
  • School Tax: 8666.00
  • Tax Annual Amount: 12814.00
  • Assessor Parcel Number: 41-013-097
  • Tax Lot: 097
  • Tax Total Finished Sq Ft: 3320
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/23/2021

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 20, 2021
Sold by
Clare James T and Schroeher Kathy
Bought by
Taylor Herbert Hudson and Mandaglio Lia Alexandra
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Louise Williamson
Keller Williams Real Estate-Doylestown
List Price
$1,175,000
Sold Price
$1,250,000
Premium/Discount to List
$75,000
6.38%
Total Days on Market
4
Current Estimated Value
$1,495,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,688
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,000,000
Outstanding Balance
$915,821
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$571,748

Purchase Details

Closed on
Jun 20, 2017
Sold by
Clare James and Schroeher Kathy
Bought by
Clare James T and Schroeher Kathy

Purchase Details

Closed on
Oct 6, 2009
Sold by
Michael Bradley E and Michael Melissa E
Bought by
Clare James and Schroeher Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Angstadt Edwin C and Angstadt Nancy R
Bought by
Michael Bradley E and Michael Melissa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac
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
Taylor Herbert Hudson $1,250,000 Tohickon Settlement Svcs Inc
Clare James T -- None Available
Clare James $875,000 Lawyers Title Insurance Corp
Michael Bradley E $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Herbert Hudson $1,000,000
Previous Owner Clare James $410,000
Previous Owner Michael Bradley E $185,000
Previous Owner Michael Bradley E $115,000
Previous Owner Michael Bradley E $140,000
Previous Owner Michael Bradley E $475,000
Previous Owner Michael Bradley E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,250,000 +6.4% $377 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,175,000 0.0% $354 / Sq Ft
04/01/2015 04/01/15 Rented $3,300 0.0% --
02/09/2015 02/09/15 Under Contract -- -- --
01/29/2015 01/29/15 For Rent $3,300 -- --
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 $13,508 $82,530 $26,360 $56,170
2023 $13,163 $82,530 $26,360 $56,170
2022 $13,074 $82,530 $26,360 $56,170
2021 $12,814 $82,530 $26,360 $56,170
2020 $12,512 $82,530 $26,360 $56,170
2019 $12,239 $82,530 $26,360 $56,170
2018 $11,967 $82,530 $26,360 $56,170
2017 $11,509 $82,530 $26,360 $56,170
2016 -- $82,530 $26,360 $56,170
2015 -- $82,530 $26,360 $56,170
2014 -- $82,530 $26,360 $56,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU520918

Bright MLS

APN: 41-013-097