NOT LISTED FOR SALE

Estimated Value: $2,052,495 - $4,925,000

4 Beds
5 Baths
7,561 Sq Ft
$481/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2016

Last sale price $2,568,650 $340 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,645 / mo

54 Days on Market

Highlights

  • 360 Feet of Waterfront
  • Water Oriented
  • 4.4 Acre Lot
  • In Ground Pool
  • Commercial Range
  • Contemporary Architecture

About This Home

As of July 2016

It is very rare occurrence when a luxury river front estate of this stature becomes available in Bucks County. The property of over 4 acres is accessed by a private road, through two iron gates to a residence overlooking a beautiful section of the Delaware River. The home is positioned at the upper point of the property and gives commanding views from almost every room. Every effort was taken by the custom builder and architect to ensure the design and placement of the home would take full advantage of views in this desirable location. The main level of the home is beautifully designed for entertaining and gatherings. Combined gourmet kitchen, windowed breakfast room, and great room, all offering views of rolling lawns, landscaped gardens, pool, and river. Leading from the kitchen to the center of the home is a full wet bar with two sub-zero coolers for your favorite wines, above counters finished in granite all atop beautifully finished Cherry wood and stone tile flooring. The center of the home is your formal dining and sitting area which are both flanked by an expansive wall of large floor to ceiling windows, placed to take full advantage of the home's perched position offering panoramic views of the terrace, gardens and river. Completing the main level is a first floor large master bedroom suite with fireplace, dressing room, walk-in closet and a beautiful master bath with an expansive glass enclosed shower, soaking tub, heated floor, all finished with imported stone Carrara marble. Completing this private wing, a large bay window provides views of the gardens, lawn, river, and cliff's beyond. Traveling to the 2nd floor there are 3 additional bedrooms, two updated full baths, large cedar closet, den/game room with fireplace, and balcony which offer an overlook perspective to this exquisite location. Outside, venture down the flagstone walkways past the natural stonewalls and reclaimed brick to a heated pool, spa, and gazebo for an afternoon of relaxation. If you like to get a little closer to nature continue your stroll down the rolling lawn for your own 360 feet of private river frontage and full access for kayaking, canoeing, paddle boarding, and fishing, or just sit and listen to the sounds of the rapids to the North. Biking, glider rides, wineries, polo matches, and fine dining are all very close by. A wonderful blend of refined elegance surrounded by the natural beauty of the historic Delaware River Basin.

Last Agent to Sell the Property

Carl Ruthardt

(215) 862-5500 info@addisonwolfe.com Addison Wolfe Real Estate License #RS314169 Listed on: 03/28/2016

Last Buyer's Agent

Carl Ruthardt

(215) 862-5500 info@addisonwolfe.com Addison Wolfe Real Estate License #RS314169 Listed on: 03/28/2016

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,387

Year Built

  • Built in 1998

Lot Details

  • 4.4 Acre Lot
  • Lot Dimensions are 360 x 520
  • 360 Feet of Waterfront
  • West Facing Home
  • Sprinkler System
  • Property is in good condition
  • Property is zoned RA

Parking

  • 4 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • French Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Wood Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Home Security

  • Home Security System
  • Intercom

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Tinicum Elementary School
  • Palisades Middle School
  • Palisades High School

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Geothermal Heating and Cooling
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by GEORGE E MICHAEL

Listing and Financial Details

  • Tax Lot 036-003
  • Assessor Parcel Number 44-032-036-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,387

Year Built

Built in 1998

Lot Details

4.4 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, French
  • Ownership: Fee Simple
  • Inclusions: Washer And Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Wall, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Central Vacuum, Water Treat System, Wet/Dry Bar, Intercom, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Marble, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Construction Materials: Stucco, Wood Siding, Brick, Stone
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler, Exterior Lighting, Outside Shower
  • Pool Features: In Ground
  • Roof: Pitched, Wood
  • View: Water
  • View: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 360

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Geothermal
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Geo-Thermal, Bottled Gas/Propane
  • Heating Type: Geothermal, Propane, Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: TINICUM
  • High School: PALISADES
  • Middle Or Junior School: PALISADES

Lot Info

  • Improvement Assessed Value: 107600.00
  • Land Assessed Value: 14040.00
  • Lot Size Acres: 4.40
  • Lot Dimensions: 360 X 520
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 191664.00
  • Outdoor Living Structures: Patio(s), Balcony
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RA

Green Features

  • Green Remarks: Geothermal HVAC, High efficiency system

Building Info

  • Builder Name: GEORGE E MICHAEL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 182980
  • Tax Annual Amount: 17387.00
  • Assessor Parcel Number: 44-032-036-003
  • Tax Lot: 036-003
  • Tax Year: 2016

MLS Schools

  • School District Name: PALISADES

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 27, 2016
Sold by
Mewprop1 Llc
Bought by
Seller's Agent
Carl Ruthardt
Addison Wolfe Real Estate
Buyer's Agent
Carl Ruthardt
Addison Wolfe Real Estate
List Price
$2,750,000
Sold Price
$2,568,650
Premium/Discount to List
-$181,350
-6.59%
Current Estimated Value
$3,637,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,182
Avg. Annual Appreciation
3.48%
Original Mortgage
$2,800,000
Outstanding Balance
$2,180,267
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$1,457,565

Purchase Details

Listed on
Oct 30, 2013
Closed on
Jan 17, 2014
Sold by
Michael George E
Bought by
Mewprop1 Llc
Seller's Agent
Steve Darlington
BHHS Fox & Roach-New Hope
Buyer's Agent
Carl Ruthardt
Addison Wolfe Real Estate
List Price
$2,750,000
Sold Price
$2,563,500
Premium/Discount to List
-$186,500
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Michael George E and Michael Janet G
Bought by
Michael Janet G

Purchase Details

Closed on
Sep 11, 1997
Sold by
Rondina William D
Bought by
Michael George E and Michael Janet G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,568,650 None Available
Mewprop1 Llc $2,563,500 None Available
Michael Janet G -- --
Michael George E $325,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Open Scott Gregory W $2,800,000
Previous Owner Michael Janet $360,000
Previous Owner Michael Janet G $671,668
Previous Owner Michael Janet G $100,000
Previous Owner Michael Janet G $950,000
Previous Owner Michael Janet G $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $2,568,650 -6.6% $340 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $2,750,000 0.0% $364 / Sq Ft
03/28/2016 03/28/16 For Sale $2,750,000 -- $364 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,874 $121,640 $14,040 $107,600
2025 $18,695 $121,640 $14,040 $107,600
2024 $18,695 $121,640 $14,040 $107,600
2023 $18,452 $121,640 $14,040 $107,600
2022 $18,240 $121,640 $14,040 $107,600
2021 $18,118 $121,640 $14,040 $107,600
2020 $18,118 $121,640 $14,040 $107,600
2019 $17,911 $121,640 $14,040 $107,600
2018 $17,790 $121,640 $14,040 $107,600
2017 $17,509 $121,640 $14,040 $107,600
2016 $17,509 $121,640 $14,040 $107,600
2015 -- $121,640 $14,040 $107,600
2014 -- $121,640 $14,040 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003873137

Bright MLS

APN: 44-032-036-003

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