NOT LISTED FOR SALE

324 Matthews Ln Newtown, PA 18940

Estimated Value: $1,334,000 - $2,230,000

5 Beds
4.5 Baths
4,784 Sq Ft
$361/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $820,000 $171 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,418/month

Highlights

  • Newly Remodeled
  • 2.7 Acre Lot
  • Cathedral Ceiling
  • Wrightstown Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2015

Open house this Sunday 7/26 1-3PM! Sleek and sophisticated!! Why wait for a new construction home when this beautiful home is ready to go in this $1 million dollar plus neighborhood!!! New Construction at its finest built by Orleans and located within the award winning Council Rock School District off of Thompson Mill Road. This brand new home has so much to offer at an incredible price. All the "upgrades" you can imagine without the big price tag to go along with it. If you have been shopping for new construction you will understand the value this home has to offer with over $163,000 worth of options. Ideally situated on a 2.70 premium wooded lot with a walk out basement with extra ceiling height. The front of your designer home overlooks nothing but open space which makes this home site very private and special! An incredible morning room off the kitchen with views from both rooms of what can become your private backyard oasis! Already awaiting your outdoor patio furniture is the sizeable maintenance free deck located off the morning room! Bright & elegant describes the classy, timeless kitchen with GE Executive Gourmet appliances and all the latest amenities that a buyer could wish for. The kitchen which is the heart of any home is located beautifully within this home, just perfect for entertaining and family gatherings. The vaulted great room showcases a gas fireplace with stone from floor to ceiling along with a raised hearth. Beautiful moldings adorn the first floor level. High Level Granite countertop finishes the master bath, breakfast bar and kitchen which provide such a lovely contrast to the upgraded cabinetry and hardwood flooring selection. Spectacular staircase is breath taking when you enter the grand foyer from the main door portico entrance which protects your guests from the elements when they arrive at your new home. The open floor plan enhances usability of every room from the study, living room and dining room! This home features five bedrooms upstairs and 4 baths. The master bedroom is masterfully designed with large closets for him and her with the ability to create an "Oprah" closet if so desired! Stylish, affordable and a true classic describe this beauty. Unpack, relax and call this home!

Last Agent to Sell the Property

Sharon Ermel Spadaccini

sharon.spadaccini@foxroach.com BHHS Fox & Roach-New Hope License #RS187534L Listed on: 06/23/2015

BHHS Fox & Roach-New Hope

Last Buyer's Agent

Jill Doran

(215) 630-8949 jill@jilldoranrealtor.com BHHS Fox & Roach -Yardley/Newtown License #rs321436

BHHS Fox & Roach -Yardley/Newtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,112

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 2.7 Acre Lot
  • Lot Dimensions are 343x343
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned CM

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,784 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms
  • Walk-in Shower

Schools

  • Wrightstown Elementary School
  • Newtown Middle School
  • Council Rock High School North

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Association fees include sewer
  • Built by ORLEANS
  • Matthews Ridge Subdivision, Weatherby Floorplan

Listing and Financial Details

  • Tax Lot 071-022
  • Assessor Parcel Number 53-012-071-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,112

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: All Furnishings, Wall Art And Decorations Throughout
  • Inclusions: All Light Fixtures As Shown
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Oven - Double, Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Stain/Lead Glass, Sprinkler System, Stall Shower, Dining Area
  • Fireplace Features: Stone, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4784
  • Living Area Sq Ft: 4784
  • Net Sq Ft: 4784.00
  • Price Per Sq Ft: 178.70
  • Above Grade Finished Sq Ft: 4784
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Access To Pool: No
  • Construction Completed: Yes
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Sewer
  • HOA: No

Schools

  • Elementary School: WRIGHTSTOWN
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH
  • Middle Or Junior School: NEWTOWN

Lot Info

  • Lot Size Acres: 2.70
  • Lot Dimensions: 343X343
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 117481.00
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: CM

Building Info

  • Builder Name: ORLEANS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14112.00
  • Assessor Parcel Number: 53-012-071-022
  • Tax Lot: 071-022
  • Tax Year: 2015

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 15, 2015
Sold by
Orleans At Wrightstown Lp
Bought by
Nelson Douglas P and Nelson Phoebe B
Seller's Agent
Sharon Ermel Spadaccini
BHHS Fox & Roach-New Hope
Buyer's Agent
Jill Doran
BHHS Fox & Roach -Yardley/Newtown
List Price
$870,000
Sold Price
$820,000
Premium/Discount to List
-$50,000
-5.75%
Current Estimated Value
$1,724,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,971
Avg. Annual Appreciation
7.66%
Original Mortgage
$656,000
Outstanding Balance
$515,948
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,209,023
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
Nelson Douglas P $820,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Douglas P $656,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $820,000 -4.1% $171 / Sq Ft
09/19/2015 09/19/15 Price Changed $854,900 0.0% $179 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
08/24/2015 08/24/15 Pending -- -- --
07/23/2015 07/23/15 Price Changed $854,900 -1.7% $179 / Sq Ft
06/23/2015 06/23/15 For Sale $870,000 -- $182 / 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 $16,665 $94,360 $12,060 $82,300
2024 $16,665 $94,360 $12,060 $82,300
2023 $15,961 $94,360 $12,060 $82,300
2022 $15,804 $94,360 $12,060 $82,300
2021 $15,560 $94,360 $12,060 $82,300
2020 $15,190 $94,360 $12,060 $82,300
2019 $14,842 $94,360 $12,060 $82,300
2018 $14,568 $94,360 $12,060 $82,300
2017 $13,994 $94,360 $12,060 $82,300
2016 $13,994 $94,360 $12,060 $82,300
2015 -- $9,640 $9,640 $0
2014 -- $9,640 $9,640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002572177

Bright MLS

APN: 53-012-071-022