$1,895,000
SOLD APR 10, 2023

18 W Mechanic St Unit 2 New Hope, PA 18938

4 Beds
3.5 Baths
2,700 Sq Ft
2022 Built

Recently Sold

$702 Per Sq Ft

5% Below List Price

261 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Straight Thru Architecture
  • New Hope-Solebury Upper Elementary School Rated A
  • Home fronts a canal
  • Marble Flooring

About This Home

As of June 2025

The Falls at New Hope is a Custom New Construction Luxury Townhome Community designed by award-winning Architect Ralph C Fey. These luxurious 3 to 4 story homes offer spacious floorplans with various layouts, high-end finishes, and stunning features such as elevators and 2-car garages. Superb landscaping and waterway views surround the properties between the Aquetong Creek and New Hope's famous Canal Path. Common ground maintenance will be provided by the Association, giving residents a carefree peace of mind. Downtown New Hope is in the heart of historic Bucks County and offers the very best restaurants, shopping, events, and educational facilities conveniently within minutes. These Interior Renderings Are Examples Of Upgraded Models And Can Be Designed To Any Specifications.

Last Agent to Sell the Property

Maureen Reynolds

SERHANT PENNSYLVANIA LLC License #RS45687 Listed on: 08/18/2021

SERHANT PENNSYLVANIA LLC

Last Buyer's Agent

Maureen Reynolds

SERHANT PENNSYLVANIA LLC License #RS45687 Listed on: 08/18/2021

SERHANT PENNSYLVANIA LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,882

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 89.00 x 84.00
  • Home fronts a canal
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Straight Thru Architecture
  • Architectural Shingle Roof

Interior Spaces

  • Property has 4 Levels
  • 1 Elevator
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Combination Dining and Living Room
  • Canal Views
  • Dryer
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

  • New Hope-Solebury Middle School
  • New Hope-Solebury High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Building Winterized
  • Built by Edwardson Construction
  • New Hope Subdivision, The Falls At New Hope Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 081
  • Assessor Parcel Number 27-010-081

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,882

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat, Straight Thru
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2021-08-20
  • Federal Flood Zone: No
  • Year Built: 2022
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: The Falls at New Hope is a Custom New Construction Luxury Townhome Community designed by award-winning Architect Ralph C Fey. These luxurious 3 to 4 story homes offer spacious floorplans with various layouts, high-end finishes, and stunning features such as elevators and 2-car garages. Superb landscaping and waterway views surround the properties between the Aquetong Creek and New Hope's famous Canal Path. Common ground maintenance will be provided by the Association, giving residents a carefree peace of mind. Downtown New Hope is in the heart of historic Bucks County and offers the very best restaurants, shopping, events, and educational facilities conveniently within minutes. These Interior Renderings Are Examples Of Upgraded Models And Can Be Designed To Any Specifications.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer
  • Flooring Type: Marble, Wood
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Elevator, Floor Plan - Open, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Elevators Count: 1
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry
  • Total Sq Ft: 5400
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 737.04
  • 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
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Canal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 19580.00
  • Land Assessed Value: 54260.00
  • Land Use Code: 4127
  • Lot Dimensions: 89.00 x 84.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CC

Building Info

  • Builder Name: Edwardson Construction

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 129478
  • School Tax: 7986.00
  • Tax Annual Amount: 10882.00
  • Assessor Parcel Number: 27-010-081
  • Tax Lot: 081
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/10/2023

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

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,500,000 Lake Abstract
Deed $1,895,000 Go Abstract Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,655,816 New Conventional
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: PABU2005456

Bright MLS

APN: 27-010-081-002