NOT LISTED FOR SALE

5602 Lower Mountain Rd New Hope, PA 18938

Estimated Value: $1,512,000 - $2,023,000

5 Beds
3.5 Baths
4,824 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $925,000 $192 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $10,194/month

Highlights

  • 2.23 Acre Lot
  • Colonial Architecture
  • Cathedral Ceiling
  • Buckingham Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2015

Priced to sell, this beautiful John Arrow custom home is perfect as a fine family residence or a gracious country retreat. On one of the prettiest roads in Buckingham Township, a long, tree-lined drive leads to this immaculate, five-bedroom Colonial on 2.23 private, partially wooded acres, with long-distance views of the Bucks County countryside. Attention to detail is evident throughout with the current owners' addition of exquisite appointments and improvements, including custom built-in bookcases, custom-designed closets, gleaming hardwood floors on both levels, extensive millwork, and a new whole-house generator. Light pours in through an abundance of windows in every room. The chef's kitchen features a Viking range and double oven, Sub-Zero refrigerator, and Asko dishwasher, as well as granite counters and island, cherry cabinetry, a butler's pantry with wine refrigerator, and two additional walk-in pantries. A breakfast area opens to the spacious, step-down family room with floor-to-ceiling stone wood-burning fireplace, custom bookcases, and soaring windows. French doors lead to the bluestone terrace and meticulously landscaped yard with specimen plantings and plenty of room for an in-ground pool. Entertain in the formal dining room which flows easily into the elegant and comfortable living room with gas fireplace. Off the living room is a very well-appointed study/library with wood-burning fireplace and built-in bookcases. An additional office/computer room, powder room, and laundry room complete the first floor. There are two staircases leading to an en suite guest room, 3 additional, generously-sized bedrooms sharing a bath, and of course the sumptuous master bedroom suite, complete with a spacious sitting room and luxurious bath with seamless shower, whirlpool tub, double sinks, private W.C., and an expansive walk in closet/dressing room. A full walk-out basement could be finished to suit one's needs. This lovely country property is located in the Blue Ribbon Central Bucks School District, just five minutes from New Hope, and within commuting distance of Philadelphia, Princeton and New York City.

Last Agent to Sell the Property

Anne Langeler

(484) 995-1779 anne.langeler@foxroach.com BHHS Fox & Roach-Doylestown License #RS309611 Listed on: 07/14/2014

BHHS Fox & Roach-Doylestown

Last Buyer's Agent

Dorothy Jakuboski

(267) 614-6556 d.jakuboski@cbhearthside.com Coldwell Banker Hearthside-Lahaska

Coldwell Banker Hearthside-Lahaska

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,305

Year Built

  • Built in 1997

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 250 x 450
  • Southeast Facing Home
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned AG

Parking

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

Home Design

  • Colonial Architecture
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,824 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Shed

Schools

  • Buckingham Elementary School
  • Holicong Middle School
  • Central Bucks High School East

Utilities

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

Community Details

  • No Home Owners Association
  • Built by JOHN ARROW
  • Hawk Ridge Subdivision

Listing and Financial Details

  • Tax Lot 024-002
  • Assessor Parcel Number 06-021-024-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,305

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Please Ask Listing Agent For List Of Exclusions.
  • Inclusions: Washer, Dryer, And Refrigerator, Generator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Priced to sell, this beautiful John Arrow custom home is perfect as a fine family residence or a gracious country retreat. On one of the prettiest roads in Buckingham Township, a long, tree-lined drive leads to this immaculate, five-bedroom Colonial on 2.23 private, partially wooded acres, with long-distance views of the Bucks County countryside. Attention to detail is evident throughout with the current owners' addition of exquisite appointments and improvements, including custom built-in bookcases, custom-designed closets, gleaming hardwood floors on both levels, extensive millwork, and a new whole-house generator. Light pours in through an abundance of windows in every room. The chef's kitchen features a Viking range and double oven, Sub-Zero refrigerator, and Asko dishwasher, as well as granite counters and island, cherry cabinetry, a butler's pantry with wine refrigerator, and two additional walk-in pantries. A breakfast area opens to the spacious, step-down family room with floor-to-ceiling stone wood-burning fireplace, custom bookcases, and soaring windows. French doors lead to the bluestone terrace and meticulously landscaped yard with specimen plantings and plenty of room for an in-ground pool. Entertain in the formal dining room which flows easily into the elegant and comfortable living room with gas fireplace. Off the living room is a very well-appointed study/library with wood-burning fireplace and built-in bookcases. An additional office/computer room, powder room, and laundry room complete the first floor. There are two staircases leading to an en suite guest room, 3 additional, generously-sized bedrooms sharing a bath, and of course the sumptuous master bedroom suite, complete with a spacious sitting room and luxurious bath with seamless shower, whirlpool tub, double sinks, private W.C., and an expansive walk in closet/dressing room. A full walk-out basement could be finished to suit one's needs. This lovely country property is located in the Blue Ribbon Central Bucks School District, just five minutes from New Hope, and within commuting distance of Philadelphia, Princeton and New York City.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Water Treat System, Wet/Dry Bar, Stall Shower, Dining Area
  • Fireplace Features: Marble, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4824
  • Living Area Sq Ft: 4824
  • Net Sq Ft: 4824.00
  • Price Per Sq Ft: 206.26
  • Above Grade Finished Sq Ft: 4824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5602

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Stucco, Stone
  • Access To Pool: No
  • 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, Oversized
  • 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
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

  • School District: CENTRAL BUCKS
  • Elementary School: BUCKINGHAM
  • Middle School: HOLICONG
  • High School: CENTRAL BUCKS HIGH SCHOOL EAST
  • School District Key: 300200397327
  • Elementary School: BUCKINGHAM
  • High School: CENTRAL BUCKS HIGH SCHOOL EAST
  • Middle Or Junior School: HOLICONG

Lot Info

  • Improvement Assessed Value: 82380.00
  • Land Assessed Value: 11240.00
  • Land Use Code: 1010
  • Lot Features: Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.23
  • Lot Dimensions: 250 X 450
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97052.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: AG

Building Info

  • Builder Name: JOHN ARROW

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 45093
  • Tax Annual Amount: 14305.00
  • Assessor Parcel Number: 06-021-024-002
  • Tax Lot: 024-002
  • Tax Year: 2015
  • Close Date: 10/30/2015

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Oct 15, 2015
Sold by
Hecht Mary Allen and Vondoz Lucienne Vitale
Bought by
Lorenson Donna B
Seller's Agent
Anne Langeler
BHHS Fox & Roach-Doylestown
Buyer's Agent
Dorothy Jakuboski
Coldwell Banker Hearthside-Lahaska
List Price
$1,260,000
Sold Price
$925,000
Premium/Discount to List
-$335,000
-26.59%
Current Estimated Value
$1,683,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,315
Avg. Annual Appreciation
6.20%
Original Mortgage
$700,000
Outstanding Balance
$550,753
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,132,562

Purchase Details

Closed on
Jan 15, 2008
Sold by
Green Larry O and Green Janelle D
Bought by
Hecht Mary Ellen and Vondoz Lucienne Vitale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 1998
Sold by
Fritz Erich A and Fritz Marketta J
Bought by
Green Larry O and Green Janelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.8%

Purchase Details

Closed on
May 9, 1997
Sold by
John A Arrow Inc
Bought by
Fritz Erich A and Fritz Marketta J
Source: Public Records

Range of Values:

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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
Lorenson Donna B $925,000 None Available
Hecht Mary Ellen $1,220,000 None Available
Green Larry O $681,000 --
Fritz Erich A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenson Donna B $700,000
Previous Owner Hecht Mary Ellen $600,000
Previous Owner Green Larry O $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $925,000 -7.0% $192 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
08/05/2015 08/05/15 Price Changed $995,000 -6.1% $206 / Sq Ft
05/07/2015 05/07/15 Price Changed $1,060,000 -8.6% $220 / Sq Ft
02/13/2015 02/13/15 Price Changed $1,160,000 -7.9% $240 / Sq Ft
07/14/2014 07/14/14 For Sale $1,260,000 -- $261 / 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 $15,242 $93,620 $11,240 $82,380
2024 $15,242 $93,620 $11,240 $82,380
2023 $14,725 $93,620 $11,240 $82,380
2022 $14,549 $93,620 $11,240 $82,380
2021 $14,375 $93,620 $11,240 $82,380
2020 $14,375 $93,620 $11,240 $82,380
2019 $14,282 $93,620 $11,240 $82,380
2018 $14,282 $93,620 $11,240 $82,380
2017 $14,165 $93,620 $11,240 $82,380
2016 $14,305 $93,620 $11,240 $82,380
2015 -- $93,620 $11,240 $82,380
2014 -- $93,620 $11,240 $82,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002559301

Bright MLS

APN: 06-021-024-002