NOT LISTED FOR SALE

12 Meadow Ln Unit 1B New Hope, PA 18938

Estimated Value: $398,118 - $429,000

2 Beds
2 Baths
-- Sq Ft
1981 Built

Last Sold October 28, 2019

Last sale price $244,500

Est. 68% increase in value since last sale

Current estimated payment $2,437/month

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • New Hope-Solebury Upper Elementary School Rated A

About This Home

As of November 2019

This two-bedroom, two-bath condominium on the ground floor is ideal for a new owner who does not want to contend with stairs. From the entrance, you enter a small foyer with a coat closet and the living room with fireplace and sliding doors to the outside deck. Then there is the dining area with hanging light and entrance into the kitchen. The countertops are granite in the kitchen with newer appliances. There is a laundry room with a full size washer and dryer off of the kitchen. From the living room is the hallway leading to the guest bedroom/office on the right and full bath on the left. At the end is the master bedroom that runs the full width of the unit with two built-in closets and ensuite full bathroom. All rooms are brightly lit by recessed lighting, and the two bedrooms also have ceiling fans. This unit is conveniently located across the street from a major supermarket, medical offices, pharmacies, restaurants, dry cleaners, hair salons, wine and spirits store, and gym, among other amenities. Bus service from the same shopping complex goes to/from NYC with stops on the way, e.g. Newark Airport. Recent upgrades include recessed lighting, granite countertops, laminated flooring, new windows and blinds, and a renovated deck. Rentals like this do not come on the market very often and are ideal for a new couple starting a home, an older couple who are rightsizing , or as a weekend retreat from the city into the New Hope area in beautiful Bucks County.

Last Agent to Rent the Property

Nicholas Esser

(646) 745-5460 nickesser@icloud.com SERHANT PENNSYLVANIA LLC Listed on: 10/28/2019

SERHANT PENNSYLVANIA LLC

Last Renter's Agent

Nicole Sexton

(215) 801-1935 Nicole@bandbluxuryproperties.com B&B Luxury Properties License #RS275619

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1981

Home Design

  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Schools

  • New Hope-Solebury High School

Additional Features

  • Property is in good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,000
  • Tenant pays for electricity, cable TV, heat, hot water, insurance, all utilities
  • Rent includes water, trash removal, snow removal, common area maintenance, lawn service
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 11/1/19
  • Assessor Parcel Number 41-026-071-001-00B

Community Details

Overview

  • No Home Owners Association
  • Association fees include water, snow removal, trash, lawn maintenance, common area maintenance, management
  • Low-Rise Condominium
  • Yorkshire Mdws Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,431

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Date Available: 2019-11-01
  • Pets Allowed: No
  • Rent Includes: Water, Trash Removal, Snow Removal, Common Area Maintenance, Lawn Service
  • Security Deposit: 4000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Cable Tv, Heat, Hot Water, Insurance, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Inclusions: water
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-10-28
  • Year Built: 1981
  • Remarks Public: This two-bedroom, two-bath condominium on the ground floor is ideal for a new owner who does not want to contend with stairs. From the entrance, you enter a small foyer with a coat closet and the living room with fireplace and sliding doors to the outside deck. Then there is the dining area with hanging light and entrance into the kitchen. The countertops are granite in the kitchen with newer appliances. There is a laundry room with a full size washer and dryer off of the kitchen. From the living room is the hallway leading to the guest bedroom/office on the right and full bath on the left. At the end is the master bedroom that runs the full width of the unit with two built-in closets and ensuite full bathroom. All rooms are brightly lit by recessed lighting, and the two bedrooms also have ceiling fans. This unit is conveniently located across the street from a major supermarket, medical offices, pharmacies, restaurants, dry cleaners, hair salons, wine and spirits store, and gym, among other amenities. Bus service from the same shopping complex goes to/from NYC with stops on the way, e.g. Newark Airport. Recent upgrades include recessed lighting, granite countertops, laminated flooring, new windows and blinds, and a renovated deck. Rentals like this do not come on the market very often and are ideal for a new couple starting a home, an older couple who are rightsizing , or as a weekend retreat from the city into the New Hope area in beautiful Bucks County.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Stove, Refrigerator
  • Entry Floor: 1
  • Fireplaces Count: 1
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Water, Snow Removal, Trash, Lawn Maintenance, Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: NEW HOPE-SOLEBURY
  • High School: NEW HOPE-SOLEBURY
  • High School Source: Listing Agent
  • School District Key: 300200397328
  • School District Source: Listing Agent
  • High School: NEW HOPE-SOLEBURY

Lot Info

  • Land Use Code: 1013
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: RDD

Tax Info

  • Assessor Parcel Number: 176283
  • Assessor Parcel Number: 41-026-071-001-00B
  • Close Date: 11/15/2019

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Oct 23, 2019
Sold by
Breen Drew
Bought by
12 Meadow Lane 1B Llc
Seller's Agent
Nicholas Esser
SERHANT PENNSYLVANIA LLC
Buyer's Agent
Nicole Sexton
B&B Luxury Properties
Sold Price
$2,000
Current Estimated Value
$410,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,030
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Feb 23, 2018
Sold by
Buonanno Thomas A
Bought by
Breen Drew

Purchase Details

Closed on
Apr 19, 2007
Sold by
Stroehlein Erik M
Bought by
Buonanno Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1994
Sold by
Dicks Manfred and Dicks Ursula
Bought by
Decker Alfred F and Decker Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
12 Meadow Lane 1B Llc $244,500 Cross Keys Abstract & Assura
Breen Drew $250,000 Access Abstract Corp
Buonanno Thomas A $239,000 None Available
Decker Alfred F $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buonanno Thomas A $191,200
Previous Owner Decker Alfred F $60,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2019 11/15/19 Rented $2,000 -99.2% --
11/04/2019 11/04/19 Under Contract -- -- --
10/28/2019 10/28/19 Sold $244,500 0.0% $237 / Sq Ft View Prior Sale
10/28/2019 10/28/19 For Rent $2,000 0.0% --
09/14/2019 09/14/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $257,500 0.0% $250 / Sq Ft
03/01/2016 03/01/16 Rented $1,795 -5.3% --
02/29/2016 02/29/16 Under Contract -- -- --
08/14/2015 08/14/15 For Rent $1,895 +13.1% --
08/31/2012 08/31/12 Rented $1,675 0.0% --
08/22/2012 08/22/12 Under Contract -- -- --
05/04/2012 05/04/12 For Rent $1,675 -- --
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 $3,431 $20,960 -- $20,960
2024 $3,431 $20,960 $0 $20,960
2023 $3,343 $20,960 $0 $20,960
2022 $3,320 $20,960 $0 $20,960
2021 $3,254 $20,960 $0 $20,960
2020 $3,178 $20,960 $0 $20,960
2019 $3,108 $20,960 $0 $20,960
2018 $3,039 $20,960 $0 $20,960
2017 $2,923 $20,960 $0 $20,960
2016 $2,923 $20,960 $0 $20,960
2015 -- $20,960 $0 $20,960
2014 -- $20,960 $0 $20,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU482032

Bright MLS

APN: 41-026-071-001-00B