Seller's Agent in 2025
Revi Haviv
Addison Wolfe Real Estate
(845) 492-1315
4 in this area
145 Total Sales
5720 Ridge Rd New Hope, PA 18938
4
Beds
3.5
Baths
3,035
Sq Ft
3.95
Acres
Highlights
- Scenic Views
- 3.95 Acre Lot
- Private Lot
- Buckingham Elementary School Rated A-
- Property is near a park
- Partially Wooded Lot
About This Home
As of July 2025Nestled at the end of a secluded private driveway, discover four acres of raw, untapped potential, patiently waiting to be adopted by an insightful Buyer. Just like finding a lucky "golden ticket", this diamond-in-the-rough, ranch style home offers an opportunity to creatively renovate or redevelop the site. The building envelope is located in a serene woodland setting, delivering tranquility and captivating scenery from every perspective. The existing residence requires a renovation and is being offered in its current AS-IS state. Whether you choose to build new construction or renovate the home, seize the opportunity to showcase the beautiful rear yard views with a wall of windows. The owner has recently installed a 400 foot well with a constant pressure pump, graveled the driveway and removed many dead trees. The property is listed for sale without any pre-attached building packages, allowing you the freedom to engage your own architect and builder to customize your ideal residence. (*Attached renderings are by LUCE Architects and are purely design inspiration for a proposed new home.*) Spring is the season of reinvention, rebirth and rejuvenation; the perfect time to realize the beauty of an opportunity. Avoid the remorse of missing this moment- take the leap, embrace the adventure and follow your intuition to design the life you've always imagined at 5720 Ridge Rd.
Last Agent to Sell the Property
Addison Wolfe Real Estate License #RS355167 Listed on: 07/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,700
Year Built
- Built in 1953
Lot Details
- 3.95 Acre Lot
- Rural Setting
- Partially Fenced Property
- No Through Street
- Private Lot
- Secluded Lot
- Premium Lot
- Partially Wooded Lot
- Backs to Trees or Woods
- Property is zoned AG
Parking
- 2 Car Attached Garage
- 10 Driveway Spaces
- Parking Storage or Cabinetry
- Side Facing Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
- Garden
Home Design
- Rambler Architecture
- Block Foundation
- Poured Concrete
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,035 Sq Ft Home
- Property has 3 Levels
- Partially Furnished
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Exterior Cameras
- Laundry on lower level
Bedrooms and Bathrooms
Finished Basement
- Walk-Out Basement
- Garage Access
- Workshop
Outdoor Features
- Shed
- Storage Shed
Schools
- Central Bucks High School East
Utilities
- Central Air
- Radiator
- Heating System Uses Oil
- Heat Pump System
- Back Up Oil Heat Pump System
- 200+ Amp Service
- Well
- Oil Water Heater
- On Site Septic
Additional Features
- Level Entry For Accessibility
- Property is near a park
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06-026-004-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2025
Closed on
Jul 24, 2025
Sold by
Krechner Stanley V and Krechner Alina
Bought by
Ccr7 Pa Development Llc
Seller's Agent
Revi Haviv
Addison Wolfe Real Estate
Buyer's Agent
Revi Haviv
Addison Wolfe Real Estate
List Price
$1,000,000
Sold Price
$1,475,000
Premium/Discount to List
$475,000
47.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-89.39%
Original Mortgage
$2,205,000
Outstanding Balance
$2,205,000
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$1,127,622
Purchase Details
Listed on
Sep 5, 2024
Closed on
Oct 11, 2024
Sold by
Ball Charmaine C and Ball Lawrence A
Bought by
Krechner Stanley V and Krechner Alina
Seller's Agent
Jay Ginsberg
Long & Foster Real Estate, Inc.
Buyer's Agent
Jay Ginsberg
Long & Foster Real Estate, Inc.
List Price
$625,000
Sold Price
$627,000
Premium/Discount to List
$2,000
0.32%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
239.43%
Original Mortgage
$470,250
Interest Rate
6.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 1994
Sold by
Boyle Daniel and Irrgang John J
Bought by
Ball Lawrence A and Ball Charmaine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8.5%
Purchase Details
Closed on
Oct 19, 1982
Bought by
Boyle Daniel
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,475,000 | None Listed On Document | |
| Deed | $627,000 | Alpert Abstract | |
| Deed | $627,000 | Alpert Abstract | |
| Deed | $283,000 | -- | |
| Deed | $69,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,205,000 | Construction | |
| Previous Owner | $470,250 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $236,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $218,800 | New Conventional | |
| Previous Owner | $100,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $141,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $1,475,000 | +47.5% | $486 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $1,000,000 | +59.5% | $329 / Sq Ft |
| 11/13/2024 11/13/24 | Sold | $627,000 | +0.3% | $207 / Sq Ft |
| 09/10/2024 09/10/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $625,000 | -- | $206 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,359 | $45,200 | $14,800 | $30,400 |
| 2024 | $7,359 | $45,200 | $14,800 | $30,400 |
| 2023 | $7,110 | $45,200 | $14,800 | $30,400 |
| 2022 | $7,025 | $45,200 | $14,800 | $30,400 |
| 2021 | $6,940 | $45,200 | $14,800 | $30,400 |
| 2020 | $6,940 | $45,200 | $14,800 | $30,400 |
| 2019 | $6,895 | $45,200 | $14,800 | $30,400 |
| 2018 | $6,895 | $45,200 | $14,800 | $30,400 |
| 2017 | $6,839 | $45,200 | $14,800 | $30,400 |
| 2016 | $6,907 | $45,200 | $14,800 | $30,400 |
| 2015 | -- | $45,200 | $14,800 | $30,400 |
| 2014 | -- | $45,200 | $14,800 | $30,400 |
Source: Public Records
Agents Affiliated with this Home
-
Revi Haviv
-
Jay Ginsberg
Seller's Agent in 2024
Jay Ginsberg
Long & Foster Real Estate, Inc.
(610) 428-8269
15 in this area
65 Total Sales
Map
Source: Bright MLS
MLS Number: PABU2101328
APN: 06-026-004-001
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