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Off market
  • $1,762,100

    505 Wheatfield Ln, Newtown, PA 18940

    5beds
    5,651sqft
    Detached
    Built in 1989
    2.79 Acres Lot
    $1,762,100 Zestimate®
    $312/sqft
    $7,390 Estimated rent

    Home value

    $1,762,100

    $1.60M - $1.96M

    $7,390/mo

    Zestimate® history
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    $11,143/mo

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    $11,143/mo

    Est. payment

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    What's special

    Stately Georgian Colonial in the prestigious Bucks County community of Timber Ridge custom built by John Russell. This classic and elegant brick front home has amazing curb appeal and is positioned on 2.8 acres of picturesque grounds. The approach begins down a circular drive with plenty eye-catching classical details. The yard is extensive, professionally landscaped and offers much privacy between neighbors. Enter through double doors into the two-story center hall flanked with two staircases. Take in the ambiance and look through the foyer to the two-story family room, expansive stone fireplace, and floor-to-ceiling windows. The hardwood floors, wood moldings, recessed lighting, transom windows, arched windows, interior French doors, and attention to detail are noticed throughout the entire first floor. Gourmet kitchen with custom cherry cabinetry, large pantry, sizable center island, Sub Zero refrigerator, induction range, spiral wood staircase, sliding doors to back patio, and breakfast area opening to front courtyard protected by brick knee wall. The symmetrical Dining room and Living room are quite spacious and adorned with exquisite fireplaces. Sunroom has a marble floor and the back yard deck is accessed by your choice of two sliding glass doors. The Great room is just perfect for home office or library with built in shelving; rear entrance, and back patio. Powder room, pub-room with wet sink, laundry room and three-car garage add to the living area on the main-level. Once upstairs~ the attributes on the second floor include all four bedrooms having en-suite facilities. Enter the Master bedroom and enjoy the sitting room with its own fireplace; the dressing area, the spacious Master bathroom w/ skylight, the ~secret~ room, the view of the backyard, and closets! closets! closets! The second story deck is worth mentioning which is accessed from bedroom #3 and bedroom #4. Lower level is partially finished into two areas and used as a recreation room and office. Let~s not forget the Central vacuum, intercom, pull-down stairs to floored attic, newer furnace and air conditioning, AND COUNCIL ROCK SCHOOL DISTRICT! You will fall in love instantly.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    • Fireplace features: wood stove
    Interior area
    • Total interior livable area: 5,651 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick, Cement / Concrete
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 2.79 Acres
    Details
    • Parcel number: 47008029025
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Detached
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1989

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $91 monthly
    Location
    • Region: Newtown

    Financial & listing details

    • Price per square foot: $312/sqft
    • Tax assessed value: $1,182,166
    • Annual tax amount: $17,139

    Price history

    DateEventPrice
    2/19/2020Sold$967,200-3.1%$171/sqft
    Source: Public Record Report a problem
    12/19/2019Pending sale$998,000$177/sqft
    Source: Keller Williams Real Estate - Newtown #PABU475178 Report a problem
    11/14/2019Price change$998,000-2.6%$177/sqft
    Source: KW Real Estate-Newtown #PABU475178 Report a problem
    10/12/2019Price change$1,025,000-4.7%$181/sqft
    Source: KW Real Estate-Newtown #PABU475178 Report a problem
    7/17/2019Listed for sale$1,075,000-6.4%$190/sqft
    Source: KW Real Estate-Newtown #PABU475178 Report a problem
    1/8/2019Listing removed$1,149,000$203/sqft
    Source: RE/MAX ELITE #PABU101590 Report a problem
    7/20/2018Price change$1,149,000-4.2%$203/sqft
    Source: RE/MAX Elite #1002075794 Report a problem
    8/14/2017Listed for sale$1,199,000$212/sqft
    Source: Addison Wolfe Real Estate - Newtown #7036560 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,139 $98,120
    2024$17,139 +5%$98,120
    2023$16,324 +0.5%$98,120
    2022$16,240 +1.4%$98,120
    2021$16,020 +2.5%$98,120
    2020$15,636 +4.3%$98,120
    2018$14,989 +1.3%$98,120
    2017$14,799 $98,120
    2016$14,799 $98,120
    2015-- $98,120
    2014-- $98,120
    2013-- $98,120
    2012-- $98,120
    2011-- $98,120
    2010-- $98,120
    2009-- $98,120
    2008-- $98,120
    2007-- $98,120
    2006-- $98,120
    2005-- $98,120 +300%
    2004-- $24,530
    2003-- $24,530
    2002-- $24,530
    2000-- $24,530
    Find assessor info on the county website

    Neighborhood: 18940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: SOL FEINSTONE
    • Middle: NEWTOWN
    • High: COUNCIL ROCK HIGH SCHOOL NORTH
    • District: COUNCIL ROCK

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,762,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,762,100