NOT LISTED FOR SALE

901 River Rd Erwinna, PA 18920

Estimated Value: $962,000 - $1,016,295

6 Beds
2 Baths
2,772 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $1,250,000 $451 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,920/month

29 Days on Market

Highlights

  • Water Views
  • 10.89 Acre Lot
  • Barn or Farm Building
  • Water Oriented
  • Colonial Architecture
  • Stream or River on Lot

About This Home

As of November 2022

Bucks County, River Road Farm - Multiple buildings and private residence on 10.89 acres of prime Delaware Riverfront property with great river views. The property consists of the following: Main house, private residence also zoned for Bed and Breakfast. Gracious antique brick federal home features large rooms, high ceilings, Old World amenities, several fireplaces, and hardwood floors. 3 retail buildings - Large bank barn with extensive storage area and full 2nd floor. Second building available for additional commercial use. Great for retail, catering, or shops. The main buildings were professionally gutted and are a blank slate for the next owner! Extensive repointing work has also been completed. Third building zoned for office use. Prime location on River Road, with several tourist attractions. Wonderful opportunity and investment.

Last Agent to Sell the Property

Chris Preston

(215) 262-9609 chris@kurfiss.com Kurfiss Sotheby's International Realty License #0017267 Listed on: 07/05/2022

Last Buyer's Agent

Chris Preston

(215) 262-9609 chris@kurfiss.com Kurfiss Sotheby's International Realty License #0017267 Listed on: 07/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 1812

Lot Details

  • 10.89 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is zoned RC

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Water Views
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Private Parking
  • Driveway
  • Parking Lot

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Palisades High School

Farming

  • Barn or Farm Building

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 095
  • Assessor Parcel Number 44-015-095 / 44-015-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,230

Year Built

Built in 1812

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1812
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Bedroom 1, Bedroom 6
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2772
  • Price Per Sq Ft: 459.96
  • Above Grade Finished Sq Ft: 2772
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Barn/Farm Building
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • View: Water
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent
  • High School: PALISADES

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 57200.00
  • Land Assessed Value: 17760.00
  • Lot Features: Level, Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 10.89
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 474368.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: RC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 182368
  • School Tax: 6367.00
  • Tax Annual Amount: 8230.00
  • Assessor Parcel Number: 44-015-095 / 44-015-100
  • Tax Lot: 095
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: PALISADES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Oct 18, 2022
Sold by
Tf Partners Lp
Bought by
Desapio Properties Tinicum Llc
Seller's Agent
Chris Preston
Kurfiss Sotheby's International Realty
Buyer's Agent
Chris Preston
Kurfiss Sotheby's International Realty
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
3
Current Estimated Value
$990,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,235
Avg. Annual Appreciation
-7.25%
Original Mortgage
$937,500
Outstanding Balance
$906,089
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$84,676

Purchase Details

Listed on
Jan 3, 2012
Closed on
Dec 4, 2012
Sold by
Knesz Steve and Estate Of Richard J Degroot
Bought by
Tf Partners Lp
Seller's Agent
Kimberly Woehr
Kurfiss Sotheby's International Realty
Buyer's Agent
Brenda Redfield
Lisa James Otto Country Properties
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Jan 5, 1978
Bought by
Degroot Richard J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desapio Properties Tinicum Llc $1,250,000 --
Tf Partners Lp $625,000 None Available
Degroot Richard J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desapio Properties Tinicum Llc $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Sold $1,250,000 -2.0% $451 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $1,275,000 +104.0% $460 / Sq Ft
11/28/2012 11/28/12 Sold $625,000 -10.1% $225 / Sq Ft View Prior Sale
04/27/2012 04/27/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $695,000 -- $251 / 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 $8,436 $54,890 $17,640 $37,250
2024 $8,436 $54,890 $17,640 $37,250
2023 $8,326 $54,890 $17,640 $37,250
2022 $8,231 $54,890 $17,640 $37,250
2021 $11,165 $74,960 $17,760 $57,200
2020 $11,165 $74,960 $17,760 $57,200
2019 $11,038 $74,960 $17,760 $57,200
2018 $10,963 $74,960 $17,760 $57,200
2017 $10,790 $74,960 $17,760 $57,200
2016 $10,790 $74,960 $17,760 $57,200
2015 -- $74,960 $17,760 $57,200
2014 -- $74,960 $17,760 $57,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2031028

Bright MLS

APN: 44-015-095