NOT LISTED FOR SALE

Estimated Value: $995,000 - $2,193,000

5 Beds
7 Baths
6,000 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $1,015,000 $169 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,197/month

547 Days on Market

Highlights

  • Additional Residence on Property
  • Commercial Range
  • Deck
  • Goodnoe Elementary School Rated A
  • Colonial Architecture
  • 3-minute walk to Peaceable Kingdom Playground

About This Home

As of December 2018

The Watson House, c. 1906 is a magnificent Georgian Colonial in sought after Newtown Borough. This spacious, well-maintained and updated 5 Bedroom, 3.4 Bath historic home is a rare find and full of unbelievable and crafted details. The grand mahogany rocking chair front porch and front door with a frame of wood pillars, egg and dart molding and delicate leaded glass side panels set the stage for the superb elements that are found throughout. To name a few, there are cross cut oak hardwood floors, 3 sets of pocket doors, stained glass windows, deep baseboards, crown molding with portrait trim, stunning millwork, there are so many breathtaking features to discover. The First Floor offers a formal Living Room with gas Fireplace with marble surround and custom mantle, spacious formal Dining Room with doors out to the back Porch, Library with powder room and an updated Gourmet Kitchen. This light filled Kitchen has granite counters & island, ample custom cabinetry, Sub Zero fridge, 2 sinks, a commercial gas range, gorgeous Mercer Tile backsplash and a windowed Breakfast nook. The Second Floor has two Bedrooms that share a Hall Bath, and a Suite with Bath. There are 2 access doors out to the balcony that runs the length of the house. The 3rd Fl has the Master Suite complete with a walk in closet, sumptuous Bath with marble bath and shower and a separate room, currently used as an office. The unfinished walk out Lower Level has exposed stone walls, laundry hook up, a root cellar that would make the perfect wine cellar, storage and a workshop. The rear yard has another mahogany Porch, raised beds for gardening, a brand new blue stone patio area with firepit, a brick walk way, arbor covered and bordered by columns and a 3 car Garage with a finished 2nd floor with 2 rooms, powder room and kitchen. Ideally located within walking distance to the charming shops and restaurants in Newtown Borough.

Last Agent to Sell the Property

Jay Spaziano

Jay Spaziano Real Estate License #0894683 Listed on: 05/18/2017

Last Buyer's Agent

Brittney Dumont

Compass RE

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,362

Year Built

  • Built in 1880

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 106x200
  • Sprinkler System
  • Property is in good condition
  • Property is zoned VR3

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Stained Glass
  • Living Room
  • Dining Room
  • Den
  • Library
  • Attic Fan
  • Home Security System

Kitchen

  • Butlers Pantry
  • Commercial Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Basement

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

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Air
  • Hot Water Heating System
  • Underground Utilities
  • Water Treatment System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 052
  • Assessor Parcel Number 28-005-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,362

Year Built

Built in 1880

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Chandelier In Dining Rm, Bsmnt Fridge
  • New Construction: No
  • Story List: Upper 3
  • Federal Flood Zone: No
  • Year Built: 1880
  • Remarks Public: The Watson House, c. 1906 is a magnificent Georgian Colonial in sought after Newtown Borough. This spacious, well-maintained and updated 5 Bedroom, 3.4 Bath historic home is a rare find and full of unbelievable and crafted details. The grand mahogany rocking chair front porch and front door with a frame of wood pillars, egg and dart molding and delicate leaded glass side panels set the stage for the superb elements that are found throughout. To name a few, there are cross cut oak hardwood floors, 3 sets of pocket doors, stained glass windows, deep baseboards, crown molding with portrait trim, stunning millwork, there are so many breathtaking features to discover. The First Floor offers a formal Living Room with gas Fireplace with marble surround and custom mantle, spacious formal Dining Room with doors out to the back Porch, Library with powder room and an updated Gourmet Kitchen. This light filled Kitchen has granite counters & island, ample custom cabinetry, Sub Zero fridge, 2 sinks, a commercial gas range, gorgeous Mercer Tile backsplash and a windowed Breakfast nook. The Second Floor has two Bedrooms that share a Hall Bath, and a Suite with Bath. There are 2 access doors out to the balcony that runs the length of the house. The 3rd Fl has the Master Suite complete with a walk in closet, sumptuous Bath with marble bath and shower and a separate room, currently used as an office. The unfinished walk out Lower Level has exposed stone walls, laundry hook up, a root cellar that would make the perfect wine cellar, storage and a workshop. The rear yard has another mahogany Porch, raised beds for gardening, a brand new blue stone patio area with firepit, a brick walk way, arbor covered and bordered by columns and a 3 car Garage with a finished 2nd floor with 2 rooms, powder room and kitchen. Ideally located within walking distance to the charming shops and restaurants in Newtown Borough.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Attic/House Fan, Stain/Lead Glass, Whirlpool/Hottub, Water Treat System, Stall Shower, Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Library, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Net Sq Ft: 6000.00
  • Price Per Sq Ft: 199.17
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Upper Level Bathrooms: 7
  • Upper Level 3 Bathrooms: 7.00
  • Upper Level 3 Full Bathrooms: 3
  • Upper Level 3 Half Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: 2nd House
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Lawn Sprinkler
  • Roof: Slate
  • 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
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: COUNCIL ROCK
  • School District Key: 300200397420

Lot Info

  • Improvement Assessed Value: 65960.00
  • Land Assessed Value: 10440.00
  • Land Use Code: 1020
  • Lot Size Acres: 0.49
  • Lot Dimensions: 106X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21200.00
  • Outdoor Living Structures: Deck(s), Roof, Patio(s), Porch(es), Balcony
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: VR3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 130327
  • Tax Annual Amount: 12362.00
  • Assessor Parcel Number: 28-005-052
  • Tax Lot: 052
  • Tax Year: 2018
  • Close Date: 12/17/2018

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Nov 29, 2018
Sold by
Giannotti Louis L and Giannotti Maria A
Bought by
Bhatti Sameer A and Bhatti Tricia R
Seller's Agent
Jay Spaziano
Jay Spaziano Real Estate
Buyer's Agent
Brittney Dumont
Compass RE
List Price
$1,895,000
Sold Price
$1,015,000
Premium/Discount to List
-$880,000
-46.44%
Current Estimated Value
$1,485,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,722
Avg. Annual Appreciation
5.85%
Original Mortgage
$812,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Betsch Philip A and Betsch Dianna T
Bought by
Giannotti Louis J and Bartolozzi Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1983
Bought by
Betsch Philip A and Betsch Dianna T
Source: Public Records

Range of Values:

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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
Bhatti Sameer A $1,015,000 None Available
Giannotti Louis J $1,575,000 None Available
Betsch Philip A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatti Sameer A $899,000
Closed Bhatti Sameer A $790,000
Closed Bhatti Sameer A $812,000
Previous Owner Giannotti Louis J $732,500
Previous Owner Giannotti Louis J $1,057,500
Previous Owner Bartolozzi Maria A $250,000
Previous Owner Giannotti Louis J $765,000
Previous Owner Giannotti Louis J $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2018 12/17/18 Sold $1,015,000 -46.4% $169 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
05/18/2017 05/18/17 For Sale $1,895,000 -- $316 / 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 $13,970 $76,400 $10,440 $65,960
2024 $13,970 $76,400 $10,440 $65,960
2023 $13,536 $76,400 $10,440 $65,960
2022 $13,409 $76,400 $10,440 $65,960
2021 $12,982 $76,400 $10,440 $65,960
2020 $12,682 $76,400 $10,440 $65,960
2019 $12,362 $76,400 $10,440 $65,960
2018 $12,141 $76,400 $10,440 $65,960
2017 $11,782 $76,400 $10,440 $65,960
2016 $11,782 $76,400 $10,440 $65,960
2015 -- $76,400 $10,440 $65,960
2014 -- $76,400 $10,440 $65,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000242923

Bright MLS

APN: 28-005-052