3501 Coventryville Rd Pottstown, PA 19465
Estimated Value: $1,382,000 - $1,492,116
3
Beds
1.5
Baths
1,854
Sq Ft
$775/Sq Ft
Est. Value
Highlights
- Horse Facilities
- Stables
- Colonial Architecture
- French Creek Elementary School Rated A-
- 23.4 Acre Lot
- Deck
About This Home
As of November 2022Coventry Forge Farm is a quintessentially historic Chester County country estate, replete with an 18th century stone farmhouse, a fully updated cottage, a studio along the meandering and trout filled French Creek, a 9-stall barn and 23.4 acres of pastures and open space to enjoy. Surrounded on three sides by the 535 acre Warwick County Park and in an area of numerous deed restricted properties, this farm is situated in a highly protected area. The property is of extreme historic significance. In 1717, Samuel Nutt built his home and the Coventry Forge on this property. This iron works was the first constructed in Chester County and only the second in Pennsylvania. Later, Mordecai Lincoln, the great-great grandfather of Abraham Lincoln, became a part owner in the business. Additionally, the works got the attention of such notables as Benjamin Franklin and led to the development of other iron works in this area of Chester County. The antique stone farmhouse is truly special and features deep windowsills and original flooring. You will love the original walk-in fireplace, still located in the Kitchen. The home also has its original root cellar located near one of the garages. Across the driveway from the stone home is The Cottage, fully updated and complete with interior stone walls, two bedrooms, Kitchen and bathroom – a perfect location for guests or in-laws. Off the driveway’s circle is a flagstone walkway that leads to The Studio. Built by the current owners for large scale entertaining, its Great Room has a large glass window providing tranquil views of the meandering French Creek and the farm’s woodlands, kitchen, and bathroom. Relax while listening to the soothing sound of the creek’s waterfalls from The Studio’s large patio. For the equestrian, the farm also has a well built, nine stall barn with a tack/feed room and plenty of loft storage for hay and bedding. There is easy access to several pastures from the barn and equestrians will love the many trail riding opportunities directly from the farm, including the Horseshoe Trail just up the road. Rounding out the farm’s improvements are two garages capable of housing a total of 4+ vehicles. This wonderful property is within easy walking distance of both the Horseshoe Trail and the French Creek Elementary School in sought after Owen J. Roberts School District. The farm is also convenient to the Routes 23 and 100 corridors. Rarely does a property of such historic significance, coupled with numerous additional improvements, come on the market in such a highly protected location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,462
Year Built
- Built in 1717
Lot Details
- 23.4 Acre Lot
- East Facing Home
- Property is zoned F20
Parking
- 4 Car Detached Garage
- Front Facing Garage
- Circular Driveway
- Gravel Driveway
Home Design
- Colonial Architecture
- Stone Foundation
- Slab Foundation
- Stone Siding
Interior Spaces
- 1,854 Sq Ft Home
- Property has 2 Levels
- 4 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Mud Room
- Living Room
- Dining Room
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Deck
- Patio
- Office or Studio
- Tenant House
- Outdoor Grill
- Play Equipment
Schools
- French Creek Elementary School
- Owen J Roberts Middle School
- Owen J Roberts High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Stables
Utilities
- Radiator
- Heating System Uses Oil
- Electric Baseboard Heater
- 200+ Amp Service
- Well
- Electric Water Heater
- On Site Septic
Listing and Financial Details
- Tax Lot 0044.0500
- Assessor Parcel Number 20-03 -0044.0500
Community Details
Overview
- No Home Owners Association
Recreation
- Horse Facilities
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2022
Closed on
Nov 4, 2022
Sold by
Wade Barbara
Bought by
Wu Julie M and Wu Hao
Seller's Agent
Holly Gross
BHHS Fox & Roach-West Chester
Buyer's Agent
Silvia Cole
RE/MAX Town & Country
List Price
$1,675,000
Sold Price
$1,300,000
Premium/Discount to List
-$375,000
-22.39%
Total Days on Market
55
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,058
Avg. Annual Appreciation
3.99%
Original Mortgage
$607,000
Outstanding Balance
$591,094
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$845,964
Purchase Details
Closed on
Dec 19, 2019
Sold by
Wade T D T and Wade Barbara
Bought by
Wade Barbara
Purchase Details
Closed on
May 6, 2010
Sold by
Wade T D and Wade Barbara Ann
Bought by
Wade T D and Wade Barbara Ann
Purchase Details
Closed on
Sep 29, 2008
Sold by
Wade T D and Wade Barbara Ann
Bought by
Wade T D and Wade Barbara Ann
Similar Homes in Pottstown, PA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wu Julie M | $1,300,000 | -- | |
| Wade Barbara | -- | None Available | |
| Wade T D | -- | None Available | |
| Wade T D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Julie M | $607,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $1,300,000 | -13.3% | $701 / Sq Ft |
| 08/25/2022 08/25/22 | Price Changed | $1,499,000 | -10.5% | $809 / Sq Ft |
| 07/29/2022 07/29/22 | For Sale | $1,675,000 | -- | $903 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,809 | $289,250 | $80,100 | $209,150 |
| 2023 | $8,607 | $287,470 | $80,100 | $207,370 |
| 2022 | $8,462 | $287,470 | $80,100 | $207,370 |
| 2021 | $8,355 | $287,470 | $80,100 | $207,370 |
| 2020 | $8,131 | $287,470 | $80,100 | $207,370 |
| 2019 | $7,972 | $287,470 | $80,100 | $207,370 |
| 2018 | $7,811 | $287,470 | $80,100 | $207,370 |
| 2017 | $7,042 | $270,790 | $80,100 | $190,690 |
| 2016 | $6,437 | $270,790 | $80,100 | $190,690 |
| 2015 | $6,437 | $272,420 | $80,100 | $192,320 |
| 2014 | $6,437 | $272,420 | $80,100 | $192,320 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Gross
Seller's Agent in 2022
Holly Gross
BHHS Fox & Roach
(610) 486-6544
2 in this area
136 Total Sales
-
Stephen Gross
Seller Co-Listing Agent in 2022
Stephen Gross
BHHS Fox & Roach
(484) 883-0681
1 in this area
64 Total Sales
-
Silvia Cole
Buyer's Agent in 2022
Silvia Cole
RE/MAX
(610) 563-4833
1 in this area
45 Total Sales
Map
Source: Bright MLS
MLS Number: PACT2028856
APN: 20-003-0044.0500
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