NOT LISTED FOR SALE

22 Hermitage Dr Unit T14 New Hope, PA 18938

Estimated Value: $326,000 - $334,000

1 Bed
1 Bath
1,092 Sq Ft
$285/mo HOA Fee

Last Sold July 21, 2023

Last sale price $310,000 $284 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,223/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • En-Suite Primary Bedroom
  • New Hope-Solebury Upper Elementary School Rated A
  • Living Room
  • Central Air

About This Home

As of July 2023

Welcome to this exceptional condo in the heart of New Hope, where style and convenience meet harmoniously. This condo boasts one-floor living and a thoughtfully designed layout. The galley kitchen flows into the cozy and inviting dining room space. The spacious living room is bathed in natural light and offers picturesque views of meticulously maintained green space. Step onto the patio and discover the serene atmosphere that is further enhanced by the convenience of roll-down shades. Retreat to the expansive primary bedroom, complete with abundant closet space, allowing you to organize effortlessly. The jack and jill bathroom ensures privacy and accessibility from both the primary bedroom and the main living area. Not only does this condo provide a comfortable and functional living space, but it is also part of a community that offers a refreshing pool, where you can relax and cool off on sunny days. Moreover, the condo's ideal location places you just moments away from all the attractions that New Hope has to offer, making it the perfect place to call home for those seeking convenience, comfort, and a vibrant lifestyle. All of this plus award winning New Hope- Solebury School District.

Last Agent to Sell the Property

Mary Dwyer

BHHS Fox & Roach -Yardley/Newtown License #RS292434 Listed on: 06/01/2023

BHHS Fox & Roach -Yardley/Newtown

Co-Listed By

Rachel Fitts

BHHS Fox & Roach -Yardley/Newtown License #RS336236

Last Buyer's Agent

Art Mazzei

Addison Wolfe Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1983

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • New Hope-Solebury High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 073-T14
  • Assessor Parcel Number 41-026-073-T14

Community Details

Overview

  • $1,428 Capital Contribution Fee
  • Association fees include pool(s), exterior building maintenance, common area maintenance, insurance, lawn maintenance, snow removal, trash, water
  • Low-Rise Condominium
  • Hermitage Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,296

Year Built

Built in 1983

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-01
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 274.73
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 285.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Swimming Pool, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Pool(s), Ext Bldg Maint, Common Area Maintenance, Insurance, Lawn Maintenance, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1428.00

Schools

  • School District: NEW HOPE-SOLEBURY
  • High School: NEW HOPE-SOLEBURY
  • 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
  • Year Assessed: 2023
  • Zoning: HC

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 1572.00
  • Tax Annual Amount: 2296.00
  • Assessor Parcel Number: 41-026-073-T14
  • Tax Lot: 073-T14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/21/2023

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 30, 2023
Sold by
Schmid Jason
Bought by
75-77 Lot Llc
Seller's Agent
Mary Dwyer
BHHS Fox & Roach -Yardley/Newtown
Buyer's Agent
Art Mazzei
Addison Wolfe Real Estate
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Total Days on Market
3
Views
70
Current Estimated Value
$328,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,295
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Jul 1, 2015
Closed on
Nov 27, 2015
Sold by
Grimes Donald J
Bought by
Schmid Jason
Seller's Agent
James Finn
Coldwell Banker Hearthside-Lahaska
Buyer's Agent
Vickie Landis
Keller Williams Realty Group
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Lane Carlino Jean and Lane Patrick A
Bought by
Grimes Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.86%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Saavedra Jorge and Green Edwin R
Bought by
Lane Patrick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.8%
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 Buyer Sale Price Title Company
75-77 Lot Llc $310,000 Cross Keys Abstract & Assuranc
Schmid Jason $175,000 None Available
Grimes Donald J $71,500 --
Lane Patrick A $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimes Donald J $120,000
Previous Owner Grimes Donald J $40,000
Previous Owner Lane Patrick A $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $310,000 +3.3% $284 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $300,000 +71.4% $275 / Sq Ft
12/07/2015 12/07/15 Sold $175,000 -7.4% $160 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $189,000 0.0% $173 / Sq Ft
07/01/2015 07/01/15 For Sale $189,000 -- $173 / 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 $2,357 $14,400 $0 $14,400
2023 $2,297 $14,400 $0 $14,400
2022 $2,281 $14,400 $0 $14,400
2021 $2,236 $14,400 $0 $14,400
2020 $2,183 $14,400 $0 $14,400
2019 $2,136 $14,400 $0 $14,400
2018 $2,088 $14,400 $0 $14,400
2017 $2,008 $14,400 $0 $14,400
2016 $2,008 $14,400 $0 $14,400
2015 -- $14,400 $0 $14,400
2014 -- $14,400 $0 $14,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2050564

Bright MLS

APN: 41-026-073-T14