NOT LISTED FOR SALE

Estimated Value: $1,028,000

4 Beds
2 Baths
2,984 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $750,000 $251 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,549/month

82 Days on Market

Highlights

  • Water Oriented
  • 18.49 Acre Lot
  • Barn or Farm Building
  • Commercial Range
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of January 2017

A Quintessential Stone Home in Bucks, FERN ROCK FARM, Circa 1840. Bring your Horses to this beautifully restored country farmhouse on over 18 acres, with an impressively scaled stone bank barn, that truly embraces its privately idyllic setting. Privately surrounded by its own mature forest, the casually elegant home is nestled into a corner of an approximately 6 acre meadow, enjoying serene pastoral views. The owners have painstakingly & respectfully enhanced, expanded upon & updated the property over the past 18 years. One would be hard pressed to effectively describe the warmth, character & comfortable grace that is felt throughout the residence - from the multiple rocking chair porches and exposed interior stone walls to the radiant heated Chestnut & Quarter Sawn Oak flooring and cathedral ceilinged custom kitchen, nothing has been left to chance. The Amish built, gourmet kitchen is certainly a key element of the home's appeal - the owners specifically wanted a "beautiful kitchen you could dance in" and their craftsmen truly accomplished that sense of relaxed refinement. Replete with a Soapstone farmhouse sink & countertops, Wolf Range, reclaimed antique barn wood & beams for the cathedral ceiling and generous window installations, this true Country Kitchen is an ideal heart of the home. Additional to the 3 upstairs bedrooms, there is a first floor bedroom adjacent to a beautifully re-done full bath, cedar closet & office/mudroom/laundry center. If floor plan flexibility is important to you - the practical usability of this side of the home is remarkable. The character & authentic practicality of the property continues on in the significantly sized stone bank barn. With several cavernous main sections, complete with electric & convenience water - flexibility of use is surely realized. All of the original interior materials, from the barn board siding to the solid stone walls to the full-height original pegged ladders, are in remarkable condition. Once you see Fern Rock Farm you'll likely agree, this property may actually define the word "Home".

Last Listed By

Steve Walny

Addison Wolfe Real Estate License #8443053 Listed on: 10/11/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,811

Year Built

  • Built in 1840 | Remodeled in 2003

Lot Details

  • 18.49 Acre Lot
  • Creek or Stream
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned RP

Parking

  • 4 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Slate Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,984 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Stained Glass
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Commercial Range

Flooring

  • Wood
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Walk-in Shower

Unfinished Basement

  • Partial Basement
  • Drainage System

Outdoor Features

  • Water Oriented
  • Patio
  • Porch

Schools

  • Pennridge High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Additional Features

  • Mobility Improvements
  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a creek
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 042-001
  • Assessor Parcel Number 12-005-042-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,811

Year Built

Built in 1840 | Remodeled in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Exclusions: Washer & Dryer
  • Inclusions: Stained Glass Window In Entry
  • New Construction: No
  • Year Built: 1840
  • Year Renovated: 2003
  • Remarks Public: A Quintessential Stone Home in Bucks, FERN ROCK FARM, Circa 1840. Bring your Horses to this beautifully restored country farmhouse on over 18 acres, with an impressively scaled stone bank barn, that truly embraces its privately idyllic setting. Privately surrounded by its own mature forest, the casually elegant home is nestled into a corner of an approximately 6 acre meadow, enjoying serene pastoral views. The owners have painstakingly & respectfully enhanced, expanded upon & updated the property over the past 18 years. One would be hard pressed to effectively describe the warmth, character & comfortable grace that is felt throughout the residence - from the multiple rocking chair porches and exposed interior stone walls to the radiant heated Chestnut & Quarter Sawn Oak flooring and cathedral ceilinged custom kitchen, nothing has been left to chance. The Amish built, gourmet kitchen is certainly a key element of the home's appeal - the owners specifically wanted a "beautiful kitchen you could dance in" and their craftsmen truly accomplished that sense of relaxed refinement. Replete with a Soapstone farmhouse sink & countertops, Wolf Range, reclaimed antique barn wood & beams for the cathedral ceiling and generous window installations, this true Country Kitchen is an ideal heart of the home. Additional to the 3 upstairs bedrooms, there is a first floor bedroom adjacent to a beautifully re-done full bath, cedar closet & office/mudroom/laundry center. If floor plan flexibility is important to you - the practical usability of this side of the home is remarkable. The character & authentic practicality of the property continues on in the significantly sized stone bank barn. With several cavernous main sections, complete with electric & convenience water - flexibility of use is surely realized. All of the original interior materials, from the barn board siding to the solid stone walls to the full-height original pegged ladders, are in remarkable condition. Once you see Fern Rock Farm you'll likely agree, this property may actually define the word "Home".
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range
  • Flooring Type: Wood, Tile/Brick, Stone
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Stain/Lead Glass, Stove - Wood, Water Treat System, Exposed Beams, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Drainage System
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2984
  • Living Area Sq Ft: 2984
  • Net Sq Ft: 2984.00
  • Price Per Sq Ft: 258.38
  • Above Grade Finished Sq Ft: 2984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 771

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Barn/Farm Building
  • Other Structures List: Barn/Farm Building
  • Construction Materials: Stucco, Wood Siding, Stone
  • Access To Pool: No
  • Roof: Pitched, Metal, Slate
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiant, Zoned, Energy Star Heating System
  • Heating: Yes
  • Hot Water: Oil
  • 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
  • Senior Community: No

Schools

  • School District: PENNRIDGE
  • High School: PENNRIDGE
  • School District Key: 300200397141
  • High School: PENNRIDGE

Lot Info

  • Improvement Assessed Value: 43320.00
  • Land Assessed Value: 8910.00
  • Land Use Code: 1058
  • Lot Features: Level, Open, Trees/Wooded
  • Lot Size Acres: 18.49
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 805599.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RP

Green Features

  • Green Remarks: The property is under Act 319/515. There are currently 2 stalls for horses in the barn, with clearly room for several more. The property was an operating dairy farm until the mid 1940's, so there are multiple "task area dividers" in place.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 60860
  • Tax Annual Amount: 8811.00
  • Assessor Parcel Number: 12-005-042-001
  • Tax Lot: 042-001
  • Tax Year: 2016
  • Close Date: 01/31/2017

MLS Schools

  • School District Name: PENNRIDGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Feb 3, 2017
Sold by
Schaeffer Arthur G and Schaeffer Cathy S
Bought by
Lapotosky Terrence H and Lapotosky Elaine C
Seller's Agent
Steve Walny
Addison Wolfe Real Estate
Buyer's Agent
Nicholas Ciliberto
EXP Realty, LLC
List Price
$771,000
Sold Price
$750,000
Premium/Discount to List
-$21,000
-2.72%
Total Days on Market
82
Current Estimated Value
$1,028,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,000
Avg. Annual Appreciation
3.86%
Original Mortgage
$675,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Medwick Andrew J and Medwick Kathryn A
Bought by
Schaeffer Arthur G and Schaeffer Cathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.8%

Purchase Details

Closed on
Jun 15, 1988
Bought by
Medwick Andrew J and Medwick Kathryn

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
Lapotosky Terrence H $75,000 First Platlnum Abstarct Llc
Schaeffer Arthur G $330,000 Lawyers Title Insurance Corp
Medwick Andrew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapotosky Terrence H $656,500
Closed Lapotosky Terrence H $675,000
Previous Owner Schaeffer Arthur G $628,000
Previous Owner Schaeffer Arthur G $83,000
Previous Owner Schaeffer Arthur G $543,000
Previous Owner Schaeffer Arthur G $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $750,000 -2.7% $251 / Sq Ft
01/23/2017 01/23/17 For Sale $771,000 0.0% $258 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $771,000 0.0% $258 / Sq Ft
10/11/2016 10/11/16 For Sale $771,000 -- $258 / 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 $9,536 $54,510 $8,910 $45,600
2023 $9,427 $54,510 $8,910 $45,600
2022 $9,427 $54,510 $8,910 $45,600
2021 $9,427 $64,320 $18,720 $45,600
2020 $9,427 $64,320 $18,720 $45,600
2019 $9,372 $64,320 $18,720 $45,600
2018 $9,263 $64,320 $18,720 $45,600
2017 $8,811 $62,040 $18,720 $43,320
2016 $8,811 $62,040 $18,720 $43,320
2015 -- $62,040 $18,720 $43,320
2014 -- $62,040 $18,720 $43,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002594103

Bright MLS

APN: 12-005-042-001