NOT LISTED FOR SALE

502 New Galena Rd Chalfont, PA 18914

Estimated Value: $1,013,000 - $1,050,524

4 Beds
3.5 Baths
4,492 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $815,000 $181 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,404/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • 1.53 Acre Lot
  • Cape Cod Architecture
  • Pine Run Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2022

This charming custom cape near Doylestown's Lake Galena will check all of your boxes. Set back from New Galena Road, the adjoining neighborhood is accessible through the backyard - perfect for sunny playdates and evening walks. The entire property has been meticulously maintained, inside and out, with no detail overlooked. At the welcoming front porch, you'll be greeted by chrysanthemums in the fall and colorful bulbs in the springtime. From inside the foyer, you’ll appreciate gleaming hardwood floors throughout. The stunning gourmet kitchen is the heart of the home, with custom cherry cabinets, upgraded Quartz countertops, a spacious center island, newer gas range, double oven, and wine storage. Centered on a sunny bay window, the breakfast nook is cool in warmer weather and warmed by a gas stove through cooler months. The show-stopping great room with two-story stone wood-burning fireplace, wall of windows, and French doors to the backyard. The formal dining room boasts architectural columns, tray ceiling, and wainscoting. Through French doors, you’ll find a spacious office, separate from the hustle and bustle of the home. The first-floor owners’ suite is the relaxing retreat you’ve been searching for, with its tray ceiling, recessed lights, abundant windows, and access to the backyard. The vast en suite bathroom includes dual vanity, private water closet, jacuzzi tub, stall shower, and walk-in closets. Up the open staircase, you’ll find three large bedrooms with two full bathrooms. Finished in the last year is a spectacular bonus room with exterior access - perfect for au pair quarters, in-law suite, media room, play room, office, or whatever suits your needs. Outdoors, the custom EP Henry paver patio includes an outdoor kitchen area for your grill and outdoor refrigerator. The like-new shed has barely been used. The unfinished basement is the footprint of the home and awaits your personal touch. This turn-key property awaits new owners, with its Sonos surround sound indoor/outdoor speaker system, upgraded security system, high end water purification, and brand new sump pump. Lastly, the impressive geothermal heating and cooling system is both energy-efficient and cost-effective. Assigned to Central Bucks award-winning schools and minutes from Doylestown Borough. Schedule a private showing and come fall in love!

Last Agent to Sell the Property

Sarah Peters

(484) 459-9944 sarahpeters@kw.com EXP Realty, LLC License #RS342300 Listed on: 11/04/2021

EXP Realty, LLC

Last Buyer's Agent

Jeffrey Poli

(267) 626-4198 jeffpoli@kw.com Keller Williams Real Estate-Blue Bell

Keller Williams Real Estate-Blue Bell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,706

Year Built

  • Built in 2003

Lot Details

  • 1.53 Acre Lot
  • Split Rail Fence
  • Partially Fenced Property
  • Extensive Hardscape
  • Property is zoned SR1

Parking

  • 2 Car Attached Garage
  • 10 Driveway Spaces
  • Side Facing Garage

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 4,492 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Garden Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Central Bucks High School West

Utilities

  • 90% Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Suburban Location

Community Details

  • No Home Owners Association
  • Chalfont Subdivision

Listing and Financial Details

  • Tax Lot 094-002
  • Assessor Parcel Number 26-001-094-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,706

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: mirror in dining room, kitchen & laundry room refrigerators excluded
  • Inclusions: washer, dryer, patio refrigerator, Sonos speaker system all negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-11-05
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Energy Efficient Appliances, Oven - Double, Refrigerator, Washer, Water Heater
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wine Storage, Wood Floors
  • Fireplace Features: Free Standing, Gas/Propane, Mantel(s), Stone, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Breakfast Room, Great Room, Office, Bonus Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 4492
  • Living Area Sq Ft: 4492
  • Price Per Sq Ft: 181.43
  • Above Grade Finished Sq Ft: 4492
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame, Vinyl Siding, Stucco
  • Exterior Features: Extensive Hardscape
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 12
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Geo-Thermal
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CENTRAL BUCKS
  • High School: CENTRAL BUCKS HIGH SCHOOL WEST
  • High School Source: Listing Agent
  • School District Key: 300200397327
  • School District Source: Listing Agent
  • High School: CENTRAL BUCKS HIGH SCHOOL WEST

Lot Info

  • Fencing: Partially, Split Rail
  • Land Use Code: 1001
  • Lot Size Acres: 1.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66560.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2021
  • Zoning: SR1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 8199.00
  • Tax Annual Amount: 10706.00
  • Assessor Parcel Number: 26-001-094-002
  • Tax Lot: 094-002
  • Tax Total Finished Sq Ft: 4156
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/05/2022

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 9, 2021
Sold by
Wassmann Terry
Bought by
Richardson Kellie Lynn
Seller's Agent
Sarah Peters
EXP Realty, LLC
Buyer's Agent
Jeffrey Poli
Keller Williams Real Estate-Blue Bell
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$1,026,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,631
Avg. Annual Appreciation
6.33%
Original Mortgage
$652,000
Outstanding Balance
$599,749
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$426,882

Purchase Details

Listed on
May 16, 2020
Closed on
Aug 12, 2020
Sold by
Gottschling Gregg H and Gottschling Nadia Karina
Bought by
Wassmann Terry
Seller's Agent
Kevin Weingarten
RE/MAX Centre Realtors
Buyer's Agent
Jeff Falterbauer
Keller Williams Real Estate-Montgomeryville
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2014
Closed on
Apr 3, 2015
Sold by
Frobese Scott M and Frobese Daine L
Bought by
Gottschling Greg H and Gottschling Nadia Karina
Seller's Agent
Mary Ann Sundell
RE/MAX Centre Realtors
Buyer's Agent
Kevin Weingarten
RE/MAX Centre Realtors
List Price
$619,700
Sold Price
$585,000
Premium/Discount to List
-$34,700
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$551,145
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2002
Sold by
Lott Builders Ltd Inc
Bought by
Frobese Scott M and Frobese Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

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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
Richardson Kellie Lynn $815,000 Greater Montgomery Stlmt Svc
Wassmann Terry $66,000 Greater Montgomery Stlmt Svc
Gottschling Greg H $585,000 None Available
Frobese Scott M $146,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Kellie Lynn $652,000
Previous Owner Wassmann Terry $330,000
Previous Owner Gottschling Greg H $551,145
Previous Owner Frobese Scott M $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2022 01/05/22 Sold $815,000 0.0% $181 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $815,000 +23.5% $181 / Sq Ft
09/09/2020 09/09/20 Sold $660,000 -1.5% $148 / Sq Ft View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $670,000 -1.5% $150 / Sq Ft
06/09/2020 06/09/20 Price Changed $680,000 -1.4% $153 / Sq Ft
05/29/2020 05/29/20 Price Changed $690,000 -1.4% $155 / Sq Ft
05/16/2020 05/16/20 For Sale $700,000 +19.7% $157 / Sq Ft
04/03/2015 04/03/15 Sold $585,000 -2.5% $141 / Sq Ft View Prior Sale
01/31/2015 01/31/15 Pending -- -- --
10/21/2014 10/21/14 Price Changed $599,900 -0.7% $144 / Sq Ft
10/13/2014 10/13/14 Price Changed $604,000 -0.5% $145 / Sq Ft
10/10/2014 10/10/14 Price Changed $607,000 -0.4% $146 / Sq Ft
09/29/2014 09/29/14 Price Changed $609,500 0.0% $147 / Sq Ft
09/05/2014 09/05/14 Price Changed $609,600 0.0% $147 / Sq Ft
08/18/2014 08/18/14 Price Changed $609,700 -1.6% $147 / Sq Ft
07/07/2014 07/07/14 For Sale $619,700 -- $149 / 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 $11,281 $65,090 $7,760 $57,330
2024 $11,281 $65,090 $7,760 $57,330
2023 $10,921 $65,090 $7,760 $57,330
2022 $10,706 $65,090 $7,760 $57,330
2021 $10,584 $65,090 $7,760 $57,330
2020 $10,584 $65,090 $7,760 $57,330
2019 $10,454 $65,090 $7,760 $57,330
2018 $10,454 $65,090 $7,760 $57,330
2017 $10,373 $65,090 $7,760 $57,330
2016 $10,373 $65,090 $7,760 $57,330
2015 -- $65,090 $7,760 $57,330
2014 -- $65,090 $7,760 $57,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2010440

Bright MLS

APN: 26-001-094-002