$300,000
SOLD DEC 17, 2015

1711 Bridge Ln Upper Black Eddy, PA 18972

-- Bed
-- Bath
2,143 Sq Ft
0.25 Acres

Recently Sold

$140 Per Sq Ft

13% Below List Price

281 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Summer or Winter Changeover Switch For Hot Water
  • Durham Nockamixon Elementary School Rated A
  • No HOA
  • Shed

About This Home

As of December 2015

Historic (Cir.1875), solid brick Federal style, two unit, stately home providing two separate residences, each with three bedrooms and each having 1-1/2 baths. This ultimate income producing property is situated on a quiet, tree-shaded Lane in the historic Village Center of Upper Black Eddy, PA. 1/2 block to the Milford, NJ bridge. This two-family home features high ceilings, deep, raised-paneled window sides, hardwood flooring, first and second floor laundry hook-ups, fenced yard and loads of charm. All baths have been newly updated plus a new kitchen with laundry hook-ups in one unit, and there are laundry hook-ups on the second floor of the other unit. There is a one-car, detached garage or lots of storage space. For convenience to shopping and other services, a short walk across the Upper Black Eddy/Milford Bridge takes you to a well-stocked, mini-market that has a fabulous wine and spirit section, chef-operated, pre-prepared, gourmet dinner selections and great delicacies, there are professional aesthetician salons, the famous chef-owned and operated "Oyster House", a gourmet-delight restaurant with a cozy Pub Room, a pharmacy, antiques shops, the first Celtic micro-brewery bar and restaurant in New Jersey and other inviting privately-owned businesses. A sensible and wonderful opportunity to live in one side and lease the other. A great first time buyer investment and/or a hedge for future security. Owning this property, in this location, at this time, at this new price, may be one of the best investment you'll make. Agent: Your clients will appreciate you for just suggesting this wonderful investment opportunity added to their portfolio, or an investment for their heirs. As you must already know, that prime rental units are very scarce in Upper Bucks County, especially being only 20 minutes to I-78 and Flemington, NJ. and only 1/2 hour to Doylestown. Possible owner financing...call for details.

Last Agent to Sell the Property

Robert Gavin

BHHS Fox & Roach-Doylestown License #AB040682A Listed on: 02/12/2015

Last Buyer's Agent

Robert Gavin

BHHS Fox & Roach-Doylestown License #AB040682A Listed on: 02/12/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 51 x 175
  • Southeast Facing Home
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,143 Sq Ft Home
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Washer and Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Driveway

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Tinicum Elementary School
  • Palisades Middle School
  • Palisades High School

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 03-008-026

Community Details

Overview

  • No Home Owners Association
  • Upper Black Eddy Subdivision

Building Details

  • Operating Expense $4,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,157

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic, Shed
  • Year Built: 1890
  • Remarks Public: Historic (Cir.1875), solid brick Federal style, two unit, stately home providing two separate residences, each with three bedrooms and each having 1-1/2 baths. This ultimate income producing property is situated on a quiet, tree-shaded Lane in the historic Village Center of Upper Black Eddy, PA. 1/2 block to the Milford, NJ bridge. This two-family home features high ceilings, deep, raised-paneled window sides, hardwood flooring, first and second floor laundry hook-ups, fenced yard and loads of charm. All baths have been newly updated plus a new kitchen with laundry hook-ups in one unit, and there are laundry hook-ups on the second floor of the other unit. There is a one-car, detached garage or lots of storage space. For convenience to shopping and other services, a short walk across the Upper Black Eddy/Milford Bridge takes you to a well-stocked, mini-market that has a fabulous wine and spirit section, chef-operated, pre-prepared, gourmet dinner selections and great delicacies, there are professional aesthetician salons, the famous chef-owned and operated "Oyster House", a gourmet-delight restaurant with a cozy Pub Room, a pharmacy, antiques shops, the first Celtic micro-brewery bar and restaurant in New Jersey and other inviting privately-owned businesses. A sensible and wonderful opportunity to live in one side and lease the other. A great first time buyer investment and/or a hedge for future security. Owning this property, in this location, at this time, at this new price, may be one of the best investment you'll make. Agent: Your clients will appreciate you for just suggesting this wonderful investment opportunity added to their portfolio, or an investment for their heirs. As you must already know, that prime rental units are very scarce in Upper Bucks County, especially being only 20 minutes to I-78 and Flemington, NJ. and only 1/2 hour to Doylestown. Possible owner financing...call for details.
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup, Has Laundry
  • Total Sq Ft: 2143
  • Living Area Sq Ft: 2143
  • Price Per Sq Ft: 153.76
  • Above Grade Finished Sq Ft: 2143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1711-13

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Pitched
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Private
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard, Radiant
  • Heating: Yes
  • Hot Water: S/W Changeover
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PALISADES
  • Elementary School: TINICUM
  • Middle School: PALISADES
  • High School: PALISADES
  • School District Key: 300200397129
  • Elementary School: TINICUM
  • High School: PALISADES
  • Middle Or Junior School: PALISADES

Lot Info

  • Improvement Assessed Value: 22760.00
  • Land Assessed Value: 6840.00
  • Land Use Code: 1023
  • Lot Size Acres: 0.25
  • Lot Dimensions: 51 X 175
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Good
  • Zoning: VC

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 19317
  • Tax Annual Amount: 4157.00
  • Assessor Parcel Number: 03-008-026
  • Tax Lot: 026
  • Tax Year: 2015
  • Close Date: 12/17/2015

MLS Schools

  • School District Name: PALISADES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
2018 Serotte Family Trust
Bought by
Serotte Marinetta
Current Estimated Value
$515,325

Purchase Details

Closed on
Apr 23, 2019
Sold by
Serotte Marinetta
Bought by
Serotte Marinetta and 2018 Serotte Family Trust

Purchase Details

Listed on
Jun 4, 2015
Closed on
Dec 8, 2015
Sold by
Murphy Dennis
Bought by
Serotte Marinetta
Seller's Agent
Robert Gavin
BHHS Fox & Roach-Doylestown
Buyer's Agent
Robert Gavin
BHHS Fox & Roach-Doylestown
List Price
$329,500
Sold Price
$300,000
Premium/Discount to List
-$29,500
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Oct 31, 1983
Sold by
Murphy Dennis and Murphy Marie
Bought by
Murphy Dennis
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Germantown Title Co
Deed $300,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,299 Future Advance Clause Open End Mortgage
Previous Owner $134,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Rented $1,500 0.0% --
03/08/2021 03/08/21 Under Contract -- -- --
03/04/2021 03/04/21 For Rent $1,500 0.0% --
02/11/2021 02/11/21 Off Market $1,500 -- --
02/11/2021 02/11/21 For Rent $1,500 0.0% --
03/01/2020 03/01/20 Rented $1,500 0.0% --
02/10/2020 02/10/20 For Rent $1,500 +3.4% --
09/22/2017 09/22/17 Rented $1,450 0.0% --
09/18/2017 09/18/17 Under Contract -- -- --
08/15/2017 08/15/17 For Rent $1,450 +7.4% --
09/01/2016 09/01/16 Rented $1,350 0.0% --
08/12/2016 08/12/16 Under Contract -- -- --
07/27/2016 07/27/16 For Rent $1,350 -10.0% --
05/01/2016 05/01/16 Rented $1,500 0.0% --
04/24/2016 04/24/16 Under Contract -- -- --
01/13/2016 01/13/16 For Rent $1,500 0.0% --
12/17/2015 12/17/15 Sold $300,000 0.0% $140 / Sq Ft
12/17/2015 12/17/15 Sold $300,000 -9.0% $102 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $329,500 -4.4% $112 / Sq Ft
02/12/2015 02/12/15 For Sale $344,500 -- $161 / Sq Ft
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
2024 $4,475 $29,600 $6,840 $22,760
2023 $4,416 $29,600 $6,840 $22,760
2022 $4,365 $29,600 $6,840 $22,760
2021 $4,335 $29,600 $6,840 $22,760
2020 $4,335 $29,600 $6,840 $22,760
2019 $4,285 $29,600 $6,840 $22,760
2018 $4,255 $29,600 $6,840 $22,760
2017 $4,187 $29,600 $6,840 $22,760
2016 $4,187 $29,600 $6,840 $22,760
2015 -- $29,600 $6,840 $22,760
2014 -- $29,600 $6,840 $22,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002535206

Bright MLS

APN: 03-008-026