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$2,295,000

Beds
4
Baths
2.5
sq ft
5,296

1661 Durham Rd, New Hope, PA 18938

1661 Durham Rd

NEW HOPE, PA 18938

  • 229 days on market
    • Price drop $200,000↓
Re-live history in this restored and expanded colonial farmhouse. Situated on 12 private acres, this vintage architecture is complimented with a spacious open floor plan while maintaining its original charm. Meander up the blue stone walkway onto the covered porch to enter the Foyer, with travertine floors and proper staircase to the Second Level. The functional layout includes: a cozy Library/Den with pine floors, exposed stone wall and beamed ceiling. Tavern Room with original stone hearth fireplace, open beamed ceiling, deep sill windows, and antique pine floors, William Draper reproduction beaded pine kitchen cabinetry, honed granite counters, travertine floor, island top, backsplash, and soapstone integrated sink, vaulted ceilings that allow for large custom windows, an oversized island with seating, peninsula counter with casual “bar” seating, upgraded appliances including an induction cooktop and large pantry storage. Dining Room has an exposed stone wall and access to the blue stone patio from two sets of French doors. The Kitchen and Dining Room are both open to the large well-lit Gathering Room which provides two seating areas, floor to ceiling window arrangement and stone fireplace. Completing the first floor is a Powder Room with "William Draper" vanity with marble sink top. Mudroom with laundry units, a walk- in "pool” shower, and travertine tile floor. The Primary Bedroom has its own wing of the house. With vaulted ceilings, sitting area, a private walk out balcony, two spacious walk-in closets with built ins and a wall of windows overlooking the yard. The spacious updated Primary Bath features dual William Draper vanities with marble countertops, a limestone tile floor and shower, a jetted tub overlooking the yard and a spacious walk-in shower with marble seat. The 3 other spacious bedrooms on the second level have their own special features, including exposed stone walls, vaulted ceilings, ample natural lighting. There is a staircase to the attic for extensive storage. The outdoor space features a lovely blue stone patio, a shimmering saltwater pool, a barn utilized as a garage with 2 closed bays and 2 open bays with walk up storage. Other highlights of this meticulously restored home include lush landscaping, irrigation system, firepit, upgraded mechanicals, generator, upgraded Marvin windows & doors, re-purposed long leaf pine flooring. Located in the Central Bucks School District with commuting proximity to Newtown, Doylestown, New Hope and Peddler’s Village. This wonderful farmstead is truly the best of both worlds that features old world charm in harmony with modern features and extensive improvements!

Details

Property type

Single Family Residence

Est. home value

$2,899,365

Lot size

12.02 acres

Price per sq ft

$434

Year built

1810

Annual property taxes

$12,703

HOA

No

Price History

08/10/2024
Bright

Bright #PABU2068376

Price change
$2,295,000
-8.02%
07/09/2024
Bright

Bright #PABU2068376

Price change
$2,495,000
-7.42%
04/13/2024
Bright

Bright #PABU2068376

Listed
$2,695,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CENTRAL BUCKS

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

Penn Community Bank

Loan start date

July 2020

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Credit Line (Revolving)

Seller

C Robert Tait Iii and Jodie M Tait

Lender

Guaranteed Rate Inc

Loan start date

June 2016

Original loan amount

$975,000

Est. remaining balance

$484,219

Interest rate

2.81%

Loan type

New Conventional, 15 year

Seller

C Robert Tait Iii and Jodie M Tait

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 3:40 PM

Listing updated: 08/14/2024 at 6:04 AM

Listed by: James Spaziano, Jay Spaziano Real Estate Phone #: (215) 493-1220

MLS: Bright #PABU2068376

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