NOT LISTED FOR SALE

4 Lantern Way Richboro, PA 18954

Estimated Value: $1,187,000 - $1,511,000

4 Beds
4.5 Baths
5,320 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $860,000 $162 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,505/month

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Council Rock High School - South Rated A
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of July 2013

Amazing former 5300 sq. ft. model home in Cedarbrook Farm can now be yours! Grand entry foyer w/ butterfly staircase & contemporary open floor plan offering a wonderful 2 story living room, a sundrenched conservatory, large dining room with custom wainscoting and first floor office w/ built-in bookcases and custom wall treatment! Your friends and family will delight at the huge kitchen with granite and tumbled stone, raised center island, amazing spacious dining area open to family room and additional year round sunroom to watch the seasons change! Main bedroom suite has a wonderful sitting room for office or exercise, custom woodworking on ceilings & beautifully renovated bath suite. An additional 2000 sq. ft. newly finished basement with 5TH BEDROOM, FULL BATH and outside egress complete the interior of this home! The outdoor kitchen and custom patio is fabulous for private dinner parties or large family gatherings all summer long! Come & enjoy this turnkey beauty!

Last Agent to Sell the Property

Linda Ventola

(215) 801-0067 linda@lindaventola.com RE/MAX Properties - Newtown License #AB050400L Listed on: 05/24/2013

RE/MAX Properties - Newtown

Last Buyer's Agent

Tammy Smith

(215) 407-5559 tammy.smith@lnf.com Long & Foster Real Estate, Inc. License #RS275071

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,654

Year Built

  • Built in 2001

Lot Details

  • 0.97 Acre Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,320 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Outdoor Features

  • Deck

Schools

  • Richboro Elementary School
  • Council Rock High School South

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • Cedarbrook Farm Subdivision

Listing and Financial Details

  • Tax Lot 063
  • Assessor Parcel Number 31-084-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,654

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Br Window Trts, W/D, Microwave, Other Refrigerators, Bball Goal
  • Inclusions: Kitchen Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • 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, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5320
  • Living Area Sq Ft: 5320
  • Net Sq Ft: 5320.00
  • Price Per Sq Ft: 165.39
  • Above Grade Finished Sq Ft: 5320
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Roof: Shingle
  • 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
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • Elementary School: RICHBORO
  • High School: COUNCIL ROCK HIGH SCHOOL SOUTH

Lot Info

  • Improvement Assessed Value: 76150.00
  • Land Assessed Value: 9990.00
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.97
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 68389.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 153623
  • Tax Annual Amount: 12654.00
  • Assessor Parcel Number: 31-084-063
  • Tax Lot: 063
  • Tax Year: 2013

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 19, 2013
Sold by
Stephen R Cunanan Revocable Living Trust
Bought by
Sharp Michael H and Grace Laurin
Seller's Agent
Linda Ventola
RE/MAX Properties - Newtown
Buyer's Agent
Tammy Smith
Long & Foster Real Estate, Inc.
List Price
$879,900
Sold Price
$860,000
Premium/Discount to List
-$19,900
-2.26%
Current Estimated Value
$1,351,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,100
Avg. Annual Appreciation
3.75%
Original Mortgage
$688,000
Outstanding Balance
$508,426
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$842,674

Purchase Details

Closed on
Oct 22, 2004
Sold by
Mcnerney Kevin J and Mcnerney Jeanne M
Bought by
Cunanan Stephen R and Cunanan Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 20, 2001
Sold by
Cedarbrook Farm Lp
Bought by
Mcnerney Kevin J and Mcnerney Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.75%
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
Sharp Michael H $860,000 None Available
Cunanan Stephen R $860,000 --
Mcnerney Kevin J $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Michael H $688,000
Previous Owner Cunanan Stephen R $650,000
Previous Owner Mcnerney Kevin J $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2013 07/30/13 Sold $860,000 -2.3% $162 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $879,900 -- $165 / 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 $16,591 $86,140 $9,990 $76,150
2024 $16,591 $86,140 $9,990 $76,150
2023 $15,637 $86,140 $9,990 $76,150
2022 $15,494 $86,140 $9,990 $76,150
2021 $15,004 $86,140 $9,990 $76,150
2020 $14,666 $86,140 $9,990 $76,150
2019 $14,038 $86,140 $9,990 $76,150
2018 $13,789 $86,140 $9,990 $76,150
2017 $13,257 $86,140 $9,990 $76,150
2016 $13,257 $86,140 $9,990 $76,150
2015 -- $86,140 $9,990 $76,150
2014 -- $86,140 $9,990 $76,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003461804

Bright MLS

APN: 31-084-063