NOT LISTED FOR SALE

3935 Funks Mill Rd Riegelsville, PA 18077

Estimated Value: $836,000

65.66 Acres
$12,732 Price per Acre
2,860,150 Sq Ft Lot

Last Sold May 04, 2018

Last sale price $335,000

Est. 150% increase in value since last sale

Current estimated payment $5,173/month

Highlights

  • 11 Feet of Waterfront
  • Water Oriented
  • Corner Lot
  • Springfield Elementary School Rated A-
  • 65.66 Acre Lot
  • No HOA

About This Lot

As of May 2018

SALE PENDING A magnificent setting surrounds this 65 acre wooded building parcel in upper Bucks County, part of 1000 acres of contiguous conserved land in historic Durham Township. This parcel has been deed restricted to preserve its coveted natural features. A five acre building envelope offers endless possibilities with room for all the accouterments of a country estate and has been perc approved for an inground septic system. Stone ruins of the original 1800s farmhouse and barn could be utilized in a dramatic garden plan and an adjacent 6.5 acre open field for organic vegetable gardening or other agricultural pursuits. A small stream runs along the property and is a tributary to pristine Cooks Creek. Ideally located between New York City, Philadelphia and the Lehigh Valley where winding roads lead to quaint inns, artist studios and riverside towns with farmer's markets, festivals and friendly neighbors. Carbonate Geology Study required prior to issuance of building permit. See Penn East Pipeline Alternate Route Proposal.

Last Agent to Sell the Property

Carol Dorey

carold@doreyrealestate.com Carol C Dorey Real Estate License #RB065249 Listed on: 10/21/2016

Last Buyer's Agent

Heidi Kulp-Heckler

(215) 801-1294 heidi.heckler@redfin.com Compass RE License #RS193927L

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,252

Lot Details

  • 65.66 Acre Lot
  • 11 Feet of Waterfront
  • Creek or Stream
  • Corner Lot
  • The property's topography is rolling, hillside, part wooded
  • Property is zoned RP/CG, Subdivision Restriction

Schools

  • Durham-Nockamixon Elementary School
  • Palisades Middle School
  • Palisades High School

Utilities

  • Well
  • Approved Septic System
  • On Site Septic
  • Perc Approved Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 031
  • Assessor Parcel Number 11-002-031

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Oriented

Property Details

Property Type

Land

Est. Annual Taxes

$2,252

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 0.13

Exterior Features

  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: No
  • Water Frontage In Feet: 11

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, Perc Approved Septic, On Site Septic
  • Utilities: Phone Available, Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: DURHAM-NOCKAMIXON
  • High School: PALISADES
  • Middle Or Junior School: PALISADES

Lot Info

  • Improvement Assessed Value: 2000.00
  • Lot Features: Corner
  • Lot Size Acres: 65.66
  • Lot Dimensions: 65X65, LotWidth:1000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2860019.00
  • Topography: Rolling, Hillside, Part Wooded
  • Zoning: RP/CG
  • Zoning Description: Subdivision Restriction

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 60166
  • Tax Annual Amount: 2252.00
  • Assessor Parcel Number: 11-002-031
  • Tax Lot: 031
  • Tax Year: 2017

MLS Schools

  • School District Name: PALISADES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Apr 30, 2018
Sold by
Torpie Family Trust
Bought by
Roberts Elizabeth Ann and Roberts Christopher Joe
Seller's Agent
Carol Dorey
Carol C Dorey Real Estate
Buyer's Agent
Heidi Kulp-Heckler
Compass RE
List Price
$375,000
Sold Price
$335,000
Premium/Discount to List
-$40,000
-10.67%
Current Estimated Value
$836,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,000
Avg. Annual Appreciation
12.99%
Original Mortgage
$251,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2012
Sold by
Torpie Barbara
Bought by
Torpie Jennifer and Torpie Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roberts Elizabeth Ann $335,000 Vast Abstract Llc
Torpie Jennifer $1,529,937 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Roberts Elizabeth Ann $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $335,000 -10.7% --
03/20/2018 03/20/18 Pending -- -- --
10/21/2016 10/21/16 For Sale $375,000 -- --
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 $9,561 $62,410 $13,800 $48,610
2024 $9,561 $62,410 $13,800 $48,610
2023 $9,311 $62,410 $13,800 $48,610
2022 $9,202 $62,410 $13,800 $48,610
2021 $9,140 $105,530 $56,920 $48,610
2020 $9,140 $105,530 $56,920 $48,610
2019 $2,287 $58,920 $56,920 $2,000
2018 $2,271 $58,920 $56,920 $2,000
2017 $2,235 $58,920 $56,920 $2,000
2016 -- $58,920 $56,920 $2,000
2015 -- $58,920 $56,920 $2,000
2014 -- $58,920 $56,920 $2,000
Source: Public Records

Agents Affiliated with this Home

  • Carol Dorey

    Seller's Agent in 2018

    Carol Dorey

    Carol C Dorey Real Estate

    3 in this area

    28 Total Sales

    Carol Dorey
    Section Image
  • Heidi Kulp-Heckler

    Buyer's Agent in 2018

    Heidi Kulp-Heckler

    Compass RE

    (215) 801-1294

    234 Total Sales

    Heidi Kulp-Heckler
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001764157

Bright MLS

APN: 11-002-031

Pennsylvania Bucks County Riegelsville 18077

3935 Funks Mill Rd, Riegelsville, PA

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