tomo logo

$845,000

Beds
3
Baths
2.5
sq ft
2,066

1060 Davisville Rd, Warminster, PA 18974

1060 Davisville Rd

WARMINSTER, PA 18974

  • 204 days on market
    • Price drop $4,900↓
**Offering 1% interest rate buy-down for the 1st year at ZERO cost to the buyer when using homeowner’s preferred lender** Bring your business, bring your in-laws, bring yourself and stop paying rent! Three properties in one! Live where you work and own a piece of history. Rare opportunity in Bucks County to own three buildings on a 1.2 acre property in Centennial School District, recently ranked among the best school districts in PA! Charming stone farmhouse seamlessly blends modern upgrades with rustic charm boasting 3 bedrooms and 2.5 bathrooms. With a 700 sq ft cottage (potential rental of $1,600 / month) and a 2,740 sq ft workshop this property has so much to offer! Step inside the stone farmhouse with newly refinished floors to discover a thoughtfully renovated interior. Downstairs has a beautifully upgraded eat-in kitchen with cozy woodstove and half bathroom with exposed brick and stone, as well as a formal dining room and living room that features the original 1807 stone fireplace and a freestanding woodstove. Up the stairs to the second level is where you will find 3 bedrooms (one with working fireplace), 2 full bathrooms (his and hers!) and the laundry area. Through the hall bathroom is access to the third-floor attic space that is currently used as storage but could easily be finished into an additional bedroom or bonus room! Outback is a beautiful patio sitting area perfect for entertaining or just relaxing. Nature lovers will enjoy the numerous trees and 12X18 vegetable garden. A short walk from the house is a 700+ sq ft studio style cottage with full kitchen, full bath and washer/dryer. Also features private outdoor seating area. The cottage boasts multiple possibilities including home office away from the main house, gym, in-law suite or other uses. Both the house and the cottage are set up with a natural gas standby generator! At the rear of the property is the 2,740 sq ft masonry workshop, currently set up as a woodworking shop with spray booth and fan, that is outfitted with air conditioning, heat, office and bathroom. Features 200-amp single phase electric service. This shop has so many possibilities: business owner, car collector, woodworking business, etc. Used as a furniture refinishing shop for the last 20 years. Whatever your need is, this shop has the space to accommodate it. The property is currently zoned R-2 which allows the owner to run a home business! All buildings are fitted out with AC and utilize natural gas. Close proximity to PA Turnpike and I-95, within easy reach to Philadelphia, Lehigh Valley, New Hope and Flemington areas. This property is truly one of a kind and has VALUE written all over it. They don't make them like this anymore. Schedule a showing today!! **All appliances included (house and cottage)**

Details

Property type

Single Family Residence

Est. home value

$575,734

Lot size

1.1 acres

Price per sq ft

$410

Year built

1800

Annual property taxes

$6,408

HOA

No

Price History

11/12/2024
Bright

Bright #PABU2070332

Price change
$845,000
-0.58%
10/22/2024
Bright

Bright #PABU2070332

Removed
$849,900
08/27/2024
Bright

Bright #PABU2070332

Price change
$849,900
-2.87%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CENTENNIAL

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens Bank Na

Loan start date

November 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

4.97%

Loan type

Credit Line (Revolving), 25 year

Seller

Tamar Arslanian and John Arslanian

Lender

Police & Fire Fcu

Loan start date

September 2020

Original loan amount

$183,430

Est. remaining balance

$139,941

Interest rate

2.44%

Loan type

New Conventional, 15 year

Seller

Tamar Arslanian and John Arslanian

Lender

Police & Fire Fcu

Loan start date

August 2020

Original loan amount

$68,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Credit Line (Revolving), 20 year

Seller

Tamar Arslanian and John Arslanian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/24/2024 at 9:00 PM

Listing updated: 11/18/2024 at 9:09 AM

Listed by: Liam Coonahan, Real of Pennsylvania Phone #: (855) 450-0442

MLS: Bright #PABU2070332

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