NOT LISTED FOR SALE

861 Cherry Ln Newtown, PA 18940

Estimated Value: $824,000 - $919,000

3 Beds
2.5 Baths
1,980 Sq Ft
$440/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $649,900 $328 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,248/month

Highlights

  • New Construction
  • View of Trees or Woods
  • Open Floorplan
  • Wrightstown Elementary School Rated A-
  • 2 Acre Lot
  • Wooded Lot

About This Home

As of January 2022

**Professional photos will be up soon** Welcome to 861 Cherry Lane in the desirable Wrightstown area. This is your chance to own a beautiful BRAND NEW construction modern farmhouse tucked away off a quiet road on TWO acres! As you drive up the long driveway you will notice the curb appeal this home offers is one of a kind. When you step into the home you will walk into an open floor plan with recessed lighting throughout. It is the perfect layout for hosting gatherings. The kitchen is a dream with all white granite countertops, stainless steel appliances, a large kitchen island, and white cabinets. Above your kitchen sink is a window that features amazing views of your backyard. On the upper level, there is three generously sized bedrooms with a hall bathroom. The master suite offers a beautiful bathroom with a one of a kind farmhouse shower glass door, and a walk in closet. There is a also a huge detached garage that offers plenty of room for storage. This is a special opportunity you do not want to miss!
*Taxes to be assessed.*

Last Agent to Sell the Property

Sarah Hose

(215) 629-6245 sarahlhose@gmail.com Keller Williams Real Estate-Langhorne License #RS355681 Listed on: 12/30/2021

Keller Williams Real Estate-Langhorne

Last Buyer's Agent

Liz Howell

(267) 306-9664 liz.k.howell@gmail.com Keller Williams Real Estate-Langhorne License #RS357942

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2 Acre Lot
  • Open Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Sliding Doors
  • Combination Kitchen and Living
  • Wood Flooring
  • Views of Woods

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Non Available Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All appliances in AS IS condition
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2022-01-06
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1980
  • Price Per Sq Ft: 328.23
  • Above Grade Finished Sq Ft: 1980
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Garage(s)
  • Construction Completed: Yes
  • Roof: Metal
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Open, Trees/Wooded
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Excellent
  • Zoning: R

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7700.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jan 31, 2022
Sold by
Zingspaces Llc
Bought by
Zimmerman David Andrew and Allex Susanne Jean
Seller's Agent
Sarah Hose
Keller Williams Real Estate-Langhorne
Buyer's Agent
Liz Howell
Keller Williams Real Estate-Langhorne
List Price
$649,900
Sold Price
$649,900
Current Estimated Value
$871,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,662
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Feb 8, 2021
Sold by
Jameson Contractors Llc
Bought by
Zingspaces Llc

Purchase Details

Closed on
Dec 13, 2019
Sold by
Krysiak Cynthia M
Bought by
Jameson Contractors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1997
Sold by
Arnone Angelo M and Arnone Lisa E
Bought by
Topel Fred J

Purchase Details

Closed on
Aug 19, 1988
Bought by
Arnone Angelo M and Arnone Lisa E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zimmerman David Andrew $649,900 Bucks County Abstract Services
Zingspaces Llc $235,000 First Partners Abstract Co
Jameson Contractors Llc $175,000 First Partners Abstract Co
Topel Fred J -- --
Arnone Angelo M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jameson Contractors Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $649,900 0.0% $328 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $649,900 -- $328 / 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 $8,119 $45,970 $7,920 $38,050
2024 $8,119 $45,970 $7,920 $38,050
2023 $7,776 $45,970 $7,920 $38,050
2022 $1,504 $8,980 $7,920 $1,060
2021 $3,100 $18,800 $7,920 $10,880
2020 $3,026 $18,800 $7,920 $10,880
2019 $2,957 $18,800 $7,920 $10,880
2018 $2,903 $18,800 $7,920 $10,880
2017 $2,788 $18,800 $7,920 $10,880
2016 $2,788 $18,800 $7,920 $10,880
2015 -- $18,800 $7,920 $10,880
2014 -- $18,800 $7,920 $10,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2014736

Bright MLS

APN: 53-002-068