NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $8,563,767

2 Beds
4.5 Baths
8,000 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $6,600,000 $825 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $24,735/month

Highlights

  • Guest House
  • Horse Facilities
  • Greenhouse
  • Sol Feinstone Elementary School Rated A
  • Stables
  • 24-Hour Security

About This Home

As of December 2020

LONDON PURCHASE FARM. C. 1735 is thought by many to be the most important farm in Bucks County, not only for its historical relevance, as it was the Headquarters during the American Revolutionary War for General Henry Knox and Captain Alexander Hamilton, but it has been restored to a level of perfection rarely seen. This outstanding property is located in the heart of the Jericho Valley in beautiful Upper Makefield Township on 24 acres. For the past 17 years London Purchase Farm has been under the stewardship of a family whose remarkable knowledge of the home and land have created indeed a masterpiece. The main residence has been expanded and renovated to encompass over 8000 sq. ft. of living space, with every addition designed and overseen by the historic architect, John Milner. The most recent addition by master craftsmen Jarret-Vaughn Builders includes a conservatory with windowed surround and plaster coffered ceiling, and new main bedroom suite, complete with a sitting room, dressing room/closet and marble bath. The original keeping room, dating to 1735, has the original walk-in stone fireplace, a cage bar, and wine closet and a large The spacious home, with 5+ bedrooms and 5.1 baths, is finished on 3 levels, and boasts many original features, heavy millwork, gracious room dimensions, tall ceiling height, 3 staircases, and 8 fireplaces, and a screened porch. In addition, a fabulous completely renovated guest house offers two en-suite guest bedrooms with exposed stone walls, a great room and open kitchen with top grade appliances, and laundry – it is totally self-contained. The stone and frame bank barn has also been renovated, and is equipped with 8 stalls for horses, tack room, feed room, and a finished large party room with heat and air conditioning. Attached to the barn is a 3-bay Meetinghouse Shed style garage with brick flooring, two large stainless prep sinks and a parking court with vintage stone wall surround. A large, stocked pond, meandering stream with two bridges, pool, potting shed, greenhouse, 4 large paddocks for horses and farm animals with run-in sheds, box gardens, vegetable gardens, Koi Pond, terraces e,xquisite shade trees and landscaping, and glorious views, are just some of the additional features. Without question, London Purchase Farm is one of the most notable properties in Pennsylvania. It is truly a homestead for the ages

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 12/19/2020

Last Buyer's Agent

Linda Danese

(215) 422-2220 linda@kurfiss.com Kurfiss Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,457

Year Built

  • Built in 1794

Lot Details

  • 24.39 Acre Lot
  • Rural Setting
  • East Facing Home
  • Split Rail Fence
  • Wood Fence
  • Stone Retaining Walls
  • Electric Fence
  • Landscaped
  • Extensive Hardscape
  • Planted Vegetation
  • Private Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned CM

Property Views

  • Pond
  • Panoramic
  • Woods
  • Pasture
  • Creek or Stream
  • Garden

Home Design

  • Manor Architecture
  • Farmhouse Style Home
  • Studio
  • Block Foundation
  • Stone Foundation
  • Slate Roof
  • Wood Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Active Radon Mitigation

Interior Spaces

  • 8,000 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 8 Fireplaces
  • Corner Fireplace
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Double Hung Windows
  • Wood Frame Window
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Solarium

Kitchen

  • Gourmet Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Exterior Cameras
  • Monitored
  • Motion Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Private Parking
  • Lighted Parking
  • Gravel Driveway
  • Off-Street Parking

Pool

  • Filtered Pool
  • In Ground Pool

Outdoor Features

  • Pond
  • Stream or River on Lot
  • Screened Patio
  • Terrace
  • Exterior Lighting
  • Greenhouse
  • Outbuilding
  • Porch

Farming

  • Barn or Farm Building
  • Spring House

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Turn Out Shed
  • Run-In Shed
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Baseboard Heater
  • Summer or Winter Changeover Switch For Heating
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Oil Water Heater
  • Sub-Surface
  • On Site Septic
  • Cable TV Available

Additional Features

  • Guest House
  • Property is near a creek

Listing and Financial Details

  • Tax Lot 011
  • Clean and Green
  • Assessor Parcel Number 47-007-011

Community Details

Recreation

  • Horse Facilities

Additional Features

  • No Home Owners Association
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,457

Year Built

Built in 1794

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk, Manor
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: All Appliances and all window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1794
  • Building Winterized: No
  • Remarks Public: LONDON PURCHASE FARM. C. 1735 is thought by many to be the most important farm in Bucks County, not only for its historical relevance, as it was the Headquarters during the American Revolutionary War for General Henry Knox and Captain Alexander Hamilton, but it has been restored to a level of perfection rarely seen. This outstanding property is located in the heart of the Jericho Valley in beautiful Upper Makefield Township on 24 acres. For the past 17 years London Purchase Farm has been under the stewardship of a family whose remarkable knowledge of the home and land have created indeed a masterpiece. The main residence has been expanded and renovated to encompass over 8000 sq. ft. of living space, with every addition designed and overseen by the historic architect, John Milner. The most recent addition by master craftsmen Jarret-Vaughn Builders includes a conservatory with windowed surround and plaster coffered ceiling, and new main bedroom suite, complete with a sitting room, dressing room/closet and marble bath. The original keeping room, dating to 1735, has the original walk-in stone fireplace, a cage bar, and wine closet and a large The spacious home, with 5+ bedrooms and 5.1 baths, is finished on 3 levels, and boasts many original features, heavy millwork, gracious room dimensions, tall ceiling height, 3 staircases, and 8 fireplaces, and a screened porch. In addition, a fabulous completely renovated guest house offers two en-suite guest bedrooms with exposed stone walls, a great room and open kitchen with top grade appliances, and laundry – it is totally self-contained. The stone and frame bank barn has also been renovated, and is equipped with 8 stalls for horses, tack room, feed room, and a finished large party room with heat and air conditioning. Attached to the barn is a 3-bay Meetinghouse Shed style garage with brick flooring, two large stainless prep sinks and a parking court with vintage stone wall surround. A large, stocked pond, meandering stream with two bridges, pool, potting shed, greenhouse, 4 large paddocks for horses and farm animals with run-in sheds, box gardens, vegetable gardens, Koi Pond, terraces e,xquisite shade trees and landscaping, and glorious views, are just some of the additional features. Without question, London Purchase Farm is one of the most notable properties in Pennsylvania. It is truly a homestead for the ages
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Commercial Range, Dishwasher, Dryer, Dryer - Electric, Extra Refrigerator/Freezer, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Built-Ins, Butlers Pantry, Cedar Closet(s), Chair Railings, Crown Moldings, Double/Dual Staircase, Exposed Beams, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Stall Shower, Store/Office, Studio, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Hung, Wood Frame
  • Other Equipment: Negotiable
  • Fireplace Features: Corner, Mantel(s), Stone, Wood
  • Fireplaces Count: 8
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Active Radon Mitigation, Block, Stone
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Solarium
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 8000
  • Living Area Sq Ft: 8000
  • Price Per Sq Ft: 825.00
  • Above Grade Finished Sq Ft: 8000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1310

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Barn/Farm Building, Barn/Stable, Garage(s), Greenhouse, Guest House, Horse Stable, Run-in Shed, Spring House, Turn Out Shed
  • Construction Materials: Stone, Wood Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outbuilding(s), Stone Retaining Walls, Underground Lawn Sprinkler
  • Pool Features: In Ground, Filtered
  • Road Surface Type: Paved
  • Roof: Metal, Slate, Wood
  • View: Creek/Stream, Garden/Lawn, Panoramic, Pasture, Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Carport Spaces: 3
  • Garage: No
  • Parking Features: Gravel Driveway, Lighted Parking, Private
  • Number Of Detached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Carport, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Forced Air, Radiant, Summer/Winter Changeover, Zoned
  • Heating: Yes
  • Hot Water: Oil
  • Security: 24 Hour Security, Exterior Cameras, Fire Detection System, Monitored, Motion Detectors, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: On Site Septic, Sub-Surface
  • Utilities: Cable Tv, Phone Connected, Under Ground
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: COUNCIL ROCK
  • School District Key: 300200397420
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: Yes

Lot Info

  • Horses: Yes
  • Fencing: Electric, Split Rail, Wood
  • Horse Amenities: Horses Allowed, Stable(s)
  • Improvement Assessed Value: 96880.00
  • Land Assessed Value: 3920.00
  • Land Use Code: 1056
  • Lot Features: Cleared, Front Yard, Landscaping, Level, Not In Development, Partly Wooded, Pond, Private, Rear Yard, Rural, Sideyard(s), Sloping, Stream/Creek, Trees/Wooded, Vegetation Planting
  • Lot Size Acres: 24.39
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1062603.00
  • Outdoor Living Structures: Patio(s), Porch(es), Roof, Screened, Terrace
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: CM

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 184709
  • School Tax: 13126.00
  • Tax Annual Amount: 16457.00
  • Assessor Parcel Number: 47-007-011
  • Tax Lot: 011
  • Tax Total Finished Sq Ft: 6013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: COUNCIL ROCK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Dec 17, 2020
Sold by
Newman Bernard and Newman Judith E
Bought by
Pomerantz Roger J and Colt Cathy A
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Linda Danese
Kurfiss Sotheby's International Realty
List Price
$6,600,000
Sold Price
$6,600,000
Current Estimated Value
$4,442,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,157,808
Avg. Annual Appreciation
-7.89%
Original Mortgage
$2,500,000
Outstanding Balance
$2,217,691
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,224,501

Purchase Details

Closed on
Oct 29, 2003
Sold by
Mcgill Frank and Mcgill Joyce
Bought by
Newman Bernard and Newman Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,443,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1994
Sold by
The Quakertown National Bank
Bought by
Mcgill Frank and Mcgill Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.65%
Source: Public Records

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
Pomerantz Roger J $6,600,000 North Penn Abstract
Newman Bernard $2,875,000 First American Title Ins Co
Mcgill Frank $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pomerantz Roger J $2,500,000
Previous Owner Newman Bernard $2,443,000
Previous Owner Mcgill Frank $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2020 12/19/20 For Sale $6,600,000 0.0% $825 / Sq Ft
12/18/2020 12/18/20 Sold $6,600,000 -- $825 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
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 $17,243 $100,800 $3,920 $96,880
2024 $17,243 $100,800 $3,920 $96,880
2023 $16,770 $100,800 $3,920 $96,880
2022 $16,683 $100,800 $3,920 $96,880
2021 $16,457 $137,320 $40,440 $96,880
2020 $16,063 $137,320 $40,440 $96,880
2019 $15,690 $137,320 $40,440 $96,880
2018 $15,398 $137,320 $40,440 $96,880
2017 $14,976 $137,320 $40,440 $96,880
2016 $15,203 $137,320 $40,440 $96,880
2015 -- $137,320 $40,440 $96,880
2014 -- $137,320 $40,440 $96,880
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: PABU517722

Bright MLS

APN: 47-007-011