$2,500,000
SOLD JUN 6, 2025

18 W Mechanic St Unit 2 New Hope, PA 18938

4 Beds
3.5 Baths
2,700 Sq Ft
$395/mo HOA Fee

Recently Sold

$926 Per Sq Ft

12% Below List Price

34 Days on Market

Highlights

  • New Construction
  • Eat-In Gourmet Kitchen
  • Canal View
  • New Hope-Solebury Upper Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of June 2025

Welcome to the heart of picturesque New Hope, PA, where a newly finished, ready-to-move-in luxury condo awaits your exploration. Tucked into the town's vibrant core, this stylish home has been meticulously outfitted with designer finishes and offers breathtaking views of the Delaware River and its charming Canal. The property is a magnificent blend of modern amenities and extravagant features, including an elevator and a rooftop terrace. Significant investments have been committed to exceptional upgrades including a gourmet chef's kitchen, showcasing an immaculate eight-burner Bluestar range with a Modern-Aire hood, chic white-leathered granite countertops, delicately beveled Plato cabinets, and a functional workstation kitchen sink specially designed by The Galley. The adjacent dining area shines with a stunning statement light fixture, built-in ice maker, an additional refrigeration drawer, a Subzero wine cooler and additional countertop and cabinet storage. The home's four levels are adorned with light white oak engineered flooring and tasteful color choices, encompassing four bedrooms and a dazzling primary suite that occupies the top floor. This suite opens onto a secluded outdoor terrace, offering a chance to take in the striking views of the historic town. From the famous Bucks County Playhouse to the charming local architecture, you can soak up every delightful aspect of New Hope from this unique vantage point. Other remarkable features of this high-end home include a sleek horizontal cable railing, an elegant marble fireplace, carefully chosen plumbing and lighting fixtures, and a generously sized two-car garage. Dive into the lively river-town lifestyle, where trendy boutiques, award winning eateries, and art galleries are just steps away from your front door. Make the most of the nearby canal path for relaxing bike rides or tranquil walks, and savor the perfect mix of a buzzing nightlife and the serene sanctuary offered by this luxurious haven.

Last Agent to Sell the Property

Revi Haviv

Addison Wolfe Real Estate License #RS355167 Listed on: 03/13/2025

Last Buyer's Agent

Amy Schaefer

Callaway Henderson Sotheby's Int'l-Princeton License #1220855

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,832

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Downtown Location
  • Stone Retaining Walls
  • Landscaped
  • Premium Lot
  • Interior Lot
  • Property is in excellent condition

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Front Facing Garage
  • 2 Assigned Parking Spaces

Property Views

  • Canal
  • Courtyard

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Built-In Features
  • Bar
  • Recessed Lighting
  • Marble Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 27-010-081-002

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, management, snow removal, trash, exterior building maintenance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,832

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Lower 1, Upper 1, Upper 2
  • Expected On Market: 2025-03-18
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the heart of picturesque New Hope, PA, where a newly finished, ready-to-move-in luxury condo awaits your exploration. Tucked into the town's vibrant core, this stylish home has been meticulously outfitted with designer finishes and offers breathtaking views of the Delaware River and its charming Canal. The property is a magnificent blend of modern amenities and extravagant features, including an elevator and a rooftop terrace. Significant investments have been committed to exceptional upgrades including a gourmet chef's kitchen, showcasing an immaculate eight-burner Bluestar range with a Modern-Aire hood, chic white-leathered granite countertops, delicately beveled Plato cabinets, and a functional workstation kitchen sink specially designed by The Galley. The adjacent dining area shines with a stunning statement light fixture, built-in ice maker, an additional refrigeration drawer, a Subzero wine cooler and additional countertop and cabinet storage. The home's four levels are adorned with light white oak engineered flooring and tasteful color choices, encompassing four bedrooms and a dazzling primary suite that occupies the top floor. This suite opens onto a secluded outdoor terrace, offering a chance to take in the striking views of the historic town. From the famous Bucks County Playhouse to the charming local architecture, you can soak up every delightful aspect of New Hope from this unique vantage point. Other remarkable features of this high-end home include a sleek horizontal cable railing, an elegant marble fireplace, carefully chosen plumbing and lighting fixtures, and a generously sized two-car garage. Dive into the lively river-town lifestyle, where trendy boutiques, award winning eateries, and art galleries are just steps away from your front door. Make the most of the nearby canal path for relaxing bike rides or tranquil walks, and savor the perfect mix of a buzzing nightlife and the serene sanctuary offered by this luxurious haven.
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Extra Refrigerator/Freezer, Icemaker, Range Hood
  • Flooring Type: Ceramic Tile, Engineered Wood
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Fireplace Features: Gas/Propane, Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 990.74
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Unfinished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • Exterior Features: Exterior Lighting, Stone Retaining Walls
  • View: Canal, Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Lighted Parking, Paved Parking, Private
  • Garage Features: Garage - Front Entry, Covered Parking, Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

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

Lot Info

  • Horses: No
  • Lot Features: Interior, Landscaping, Private, Premium
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: CC

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 19832.00
  • Assessor Parcel Number: 27-010-081-002
  • Tax Year: 2024
  • Close Date: 06/06/2025

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jun 2, 2025
Sold by
Coverdale Katherine V
Bought by
Jacob Thomas
Seller's Agent
Revi Haviv
Addison Wolfe Real Estate
Buyer's Agent
Amy Schaefer
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,850,000
Sold Price
$2,500,000
Premium/Discount to List
-$350,000
-12.28%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,997,761
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2021
Closed on
Mar 20, 2023
Sold by
Amr Realty Of New Hope Llc
Bought by
Coverdale Katherine Vera
Seller's Agent
Maureen Reynolds
SERHANT PENNSYLVANIA LLC
Buyer's Agent
Maureen Reynolds
SERHANT PENNSYLVANIA LLC
List Price
$1,990,000
Sold Price
$1,895,000
Premium/Discount to List
-$95,000
-4.77%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$1,655,816
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $2,500,000 -6.5% $926 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $2,675,000 -6.1% $991 / Sq Ft
03/13/2025 03/13/25 For Sale $2,850,000 +50.4% $1,056 / Sq Ft
04/10/2023 04/10/23 Sold $1,895,000 -4.8% $702 / Sq Ft
10/31/2022 10/31/22 For Sale $1,990,000 0.0% $737 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $1,990,000 0.0% $737 / Sq Ft
03/09/2022 03/09/22 For Sale $1,990,000 +5.3% $737 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
08/18/2021 08/18/21 For Sale $1,890,000 -- $700 / 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 $19,518 $127,870 $0 $127,870
2023 -- -- -- --
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2089560

Bright MLS

APN: 27-010-081-002