NOT LISTED FOR SALE

314 Mill Race Ln Newtown, PA 18940

Central Bucks County Neighborhood

Estimated Value: $1,059,435 - $1,300,000

4 Beds
2.5 Baths
3,248 Sq Ft
$363/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $540,000 $166 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,267/month

141 Days on Market

Highlights

  • Commercial Range
  • 1.01 Acre Lot
  • Deck
  • Sol Feinstone Elementary School Rated A
  • Colonial Architecture
  • Wood Burning Stove

About This Home

As of May 2012

One of the finest planned communities in Upper Makefield, Timber Ridge is home to some of the areas most beautiful custom homes. Easy commutes to Phila or NY with the pleasure of Newtown shopping minutes away. Generous room sizes, wide hallways and hand crafted wood trim bring out feelings of luxury and architectural pride all within the convenience of a modern colonial style home. Four large bedrooms with super sized closets and great natural light. Main bedroom has sitting room and large bath. The eat-in kitchen features a Viking gas stove top, modern double oven and solid surface countertops. Oak wood flooring in most of main floor. Huge laundry/mud room with lots of cabinets. All rooms with fresh neutral paint and no wallpaper. Professional landscaping with underground sprinkler system. Rear deck off of family room and kitchen. This home is one of the best "value for money" opportunities around, and your invited to see it.

Last Agent to Sell the Property

GEORGE BALAS

BHHS Fox & Roach Buckingham License #TREND:45304 Listed on: 09/28/2011

Last Buyer's Agent

Diane Johnston

Corcoran Sawyer Smith License #RS177270L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,043

Year Built

  • Built in 1978

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 210 x 210
  • Cul-De-Sac
  • Open Lot
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned CM

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Commercial Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Sol Feinstone Elementary School
  • Council Rock High School North

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 094
  • Assessor Parcel Number 47-008-094

Community Details

Overview

  • Association fees include common area maintenance, snow removal

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,043

Year Built

Built in 1978

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer & Dryer, Freezer & Refrig In Basement In "As Is" Condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Oven - Self Cleaning, Commercial Range, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Wood Stove, Water Treat System, Wet/Dry Bar, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3248
  • Living Area Sq Ft: 3248
  • Net Sq Ft: 3248.00
  • Price Per Sq Ft: 187.81
  • Above Grade Finished Sq Ft: 3248
  • 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: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Wood Siding
  • Exterior Features: Exterior Lighting
  • Roof: Flat, Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: COUNCIL ROCK
  • Elementary School: SOL FEINSTONE
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • School District Key: 300200397420
  • Elementary School: SOL FEINSTONE
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH

Lot Info

  • Improvement Assessed Value: 52640.00
  • Land Assessed Value: 16160.00
  • Land Use Code: 1010
  • Lot Features: Cul-De-Sac, Open, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 1.01
  • Lot Dimensions: 210 X 210
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: CM

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 185323
  • Tax Annual Amount: 10043.00
  • Assessor Parcel Number: 47-008-094
  • Tax Lot: 094
  • Tax Year: 2011
  • Close Date: 05/30/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2011
Closed on
May 31, 2012
Sold by
Reiss Laurel and Reiss Pamela
Bought by
Mills Brian A and Mills Joanne
Seller's Agent
GEORGE BALAS
BHHS Fox & Roach Buckingham
Buyer's Agent
Diane Johnston
Corcoran Sawyer Smith
List Price
$610,000
Sold Price
$540,000
Premium/Discount to List
-$70,000
-11.48%
Current Estimated Value
$1,160,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,619
Avg. Annual Appreciation
5.69%
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Reiss Herbert and Reiss Peter L
Bought by
Reiss Herbert and Reiss Laurel

Purchase Details

Closed on
Nov 9, 1998
Sold by
Mcnamara Barry V and Mcnamara Suzanne
Bought by
Reiss Herbert

Purchase Details

Closed on
Feb 28, 1994
Sold by
Carrino Anthony J and Carrino Marie C
Bought by
Mcnamara Barry and Mcnamara Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.01%
Source: Public Records

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
Mills Brian A $540,000 First American Title Ins Co
Reiss Herbert -- None Available
Reiss Herbert $431,000 --
Mcnamara Barry $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Brian A $454,418
Closed Mills Brian A $487,000
Closed Mills Brian A $417,000
Previous Owner Mcnamara Barry $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $540,000 -11.5% $166 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
09/28/2011 09/28/11 For Sale $610,000 -- $188 / 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 $9,962 $58,240 $16,160 $42,080
2023 $9,689 $58,240 $16,160 $42,080
2022 $9,639 $58,240 $16,160 $42,080
2021 $9,509 $58,240 $16,160 $42,080
2020 $9,281 $58,240 $16,160 $42,080
2019 $9,066 $58,240 $16,160 $42,080
2018 $8,897 $58,240 $16,160 $42,080
2017 $8,653 $58,240 $16,160 $42,080
2016 -- $58,240 $16,160 $42,080
2015 -- $58,240 $16,160 $42,080
2014 -- $58,240 $16,160 $42,080
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    GEORGE BALAS

    BHHS Fox & Roach

  • Diane Johnston

    Buyer's Agent in 2012

    Diane Johnston

    Corcoran Sawyer Smith

    (610) 662-7105

    6 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004530746

Bright MLS

APN: 47-008-094

Pennsylvania Bucks County Newtown 18940 Central Bucks County

314 Mill Race Ln, Newtown, PA

This home is located at 314 Mill Race Ln, Newtown, PA 18940 since 28 September 2011 and is currently estimated at $1,179,609, approximately $363 per square foot. This property was built in 1978. 314 Mill Race Ln 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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