NOT LISTED FOR SALE

700 Laurel Ridge Rd Reinholds, PA 17569

Estimated Value: $2,272,000 - $3,153,000

4 Beds
2.5 Baths
4,410 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $3,000,000 $680 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,362/month

43 Days on Market

Highlights

  • Arena
  • In Ground Pool
  • Pond
  • Greenhouse
  • 160.7 Acre Lot
  • Wooded Lot

About This Home

As of June 2023

AUCTION TODAY - Thursday, April 27, 2023 AT 11:00 AM. LISTED PRICE IS AN OPENING BID ONLY AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. REAL ESTATE: 160.7 Acre Horse Farm w/2.5 Story stone house built in 1852 w/addition. 4,410 SF area, finished custom eat-in Kitchen w/commercial appliances & french doors to patio. Family room w/stone fireplace, exposed beams & french doors access to large rear private patio area w/hot tub & stone firepit. Living room w/exposed stone walls & beams, stone fireplace w/gas log insert, large office, 1st floor laundry w/washer & dryer included. 4 Bedrooms (master bedroom w/exposed stone walls, cathedral ceiling w/exposed beams). 2.5 Baths, daylight basement, full cedar lined attic closet, oil Hot water heat w/hydronic radiant floor heat, central A/C, insulated windows, deep windowsills & attached heated greenhouse. Outbuildings: 1 story frame w/wood siding custom built B& D Builders horse barn 62x34 w/(8) 12x12 horse stalls, 13x11 tack room w/mini split heat/A/C system & wash bay. Outdoor riding arena & round pen, 2 story late 1700's stone/frame barn 72x30 w/lower level w(6) horse stalls, 200x7 tack/storage room. (5) overhead doors & 2nd floor w/(3) bays w/ roll doors, (2) 1 story frame chicken houses 40x20 (used for storage & workshop), late 1700's log cottage 16x13 w/10x8 addition, 1 bedroom, full bath, electric heat pump/AC & basement w/spring water. All on 160.7 acres w/approx 40 acres meadow (approx 20 acres fenced pasture). (2) stocked ponds, balance woodland w/mature trees, abundant wildlife, riding & hiking trails, whole property automatic generator, In Ground Pool & pavilion. One of a Kind, Must See property w/buildings that are extremely well maintained, restored & updated w/lots of unmentioned features. Ideal for many potential uses: continue as horse farm, retreat center, hunting lodge, Airbnb, business professionals, etc. (all subject to Twp. approvals). Zoned Ecologically Sensitive.

Last Agent to Sell the Property

Curvin Horning

Kingsway Realty - Ephrata Listed on: 03/15/2023

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,668

Year Built

  • Built in 1852

Lot Details

  • 160.7 Acre Lot
  • Hunting Land
  • Wood Fence
  • 20 Acres are fenced
  • Wooded Lot
  • Property is zoned ECOLOGICALLY SENSITIVE

Parking

  • 5 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 4,410 Sq Ft Home
  • Property has 2.5 Levels
  • Fireplace
  • Family Room
  • Living Room
  • Den
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Pond
  • Greenhouse

Farming

  • Bank Barn
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • West Cocalico Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090-08423-0-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,668

Year Built

Built in 1852

Lot Details

0

Parking

5

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1852
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Kitchen, Family Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4410
  • Living Area Sq Ft: 4410
  • Price Per Sq Ft: 442.18
  • Above Grade Finished Sq Ft: 4410
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 700

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Bank Barn, Greenhouse
  • Construction Materials: Stone
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COCALICO
  • School District Key: 300200397416
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Fenced Acres: 20.00
  • Fencing: Wood
  • Horse Amenities: Arena
  • Lot Features: Pond, Trees/Wooded
  • Lot Size Acres: 160.70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000092.00
  • Year Assessed: 2023
  • Zoning: ECOLOGICALLY SENSITIVE
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 7761.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 9668.00
  • Assessor Parcel Number: 090-08423-0-0000
  • Tax Total Finished Sq Ft: 3601
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/28/2023

MLS Schools

  • School District Name: COCALICO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 20, 2023
Sold by
Yarus Lance O and Yarus Sheila L
Bought by
Peaceful Retreat Llc
Seller's Agent
Curvin Horning
Kingsway Realty - Ephrata
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,950,000
Sold Price
$3,000,000
Premium/Discount to List
$1,050,000
53.85%
Total Days on Market
43
Views
93
Current Estimated Value
$2,850,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,356
Avg. Annual Appreciation
-2.57%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Hemmerich Nicholas H
Bought by
Yarus Lance O and Yarus Sheila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.65%

Purchase Details

Closed on
Aug 18, 1997
Bought by
Yarus Lance O and Yarus Sheila L
Source: Public Records

Range of Values:

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Average Value
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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
Peaceful Retreat Llc $3,000,000 None Listed On Document
Yarus Lance O $862,500 --
Yarus Lance O $740,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yarus Lance O $500,000
Previous Owner Yarus Lance O $1,600,000
Previous Owner Yarus Lance O $400,000
Previous Owner Yarus Lance O $227,150
Closed Yarus Lance O $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $3,000,000 0.0% $680 / Sq Ft
04/28/2023 04/28/23 Off Market $3,000,000 -- --
04/28/2023 04/28/23 For Sale $1,950,000 -35.0% $442 / Sq Ft
04/27/2023 04/27/23 Off Market $3,000,000 -- --
04/27/2023 04/27/23 Price Changed $1,950,000 -2.5% $442 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $2,000,000 -- $454 / 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
2024 $29,232 $1,168,400 $862,600 $305,800
2023 $28,556 $1,168,400 $862,600 $305,800
2022 $27,802 $1,168,400 $862,600 $305,800
2021 $27,802 $1,168,400 $862,600 $305,800
2020 $27,802 $1,168,400 $862,600 $305,800
2019 $25,478 $1,083,500 $862,600 $220,900
2018 $5,808 $1,083,500 $862,600 $220,900
2017 $30,477 $1,060,800 $860,900 $199,900
2016 $30,477 $1,060,800 $860,900 $199,900
2015 $1,645 $1,060,800 $860,900 $199,900
2014 $6,163 $1,060,800 $860,900 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2032158

Bright MLS

APN: 090-08423-0-0000