NOT LISTED FOR SALE

2779 River Rd New Hope, PA 18938

Estimated Value: $589,000 - $1,695,000

2 Beds
1 Bath
384 Sq Ft
$3,149/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $250,000 $651 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $7,391/month

185 Days on Market

Highlights

  • 2.25 Acre Lot
  • 1 Fireplace
  • Eat-In Kitchen
  • New Hope-Solebury Upper Elementary School Rated A
  • No HOA
  • Living Room

About This Home

As of May 2013

Ely Cottage is truly a rare find in Solebury Township. Literally a large one room brick house that has all of the charm of a merchant's cottage in a quaint English village. There is a Great Room that has a sleeping area and open kitchen. Naturally there is a full bath in a private corner. The grounds (over 2 acres) offer privacy and there is a second brick building that now serves as storage. Ely Cottage is a unique structure that could be used on the cover of the next Harry Potter novel.

Last Agent to Sell the Property

Art Mazzei

(610) 428-4885 art@addisonwolfe.com Addison Wolfe Real Estate Listed on: 08/31/2012

Last Buyer's Agent

Kathleen Sberna

(215) 262-9765 kathysberna@kw.com Legacy Realty Properties, LLC License #RS225903L

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1933

Lot Details

  • 2.25 Acre Lot
  • Property is in good condition
  • Property is zoned R2

Parking

  • 2 Open Parking Spaces

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 384 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Eat-In Kitchen

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 050
  • Assessor Parcel Number 41-028-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Total Sq Ft: 384
  • Living Area Sq Ft: 384
  • Net Sq Ft: 384.00
  • Price Per Sq Ft: 778.65
  • Above Grade Finished Sq Ft: 384
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: NEW HOPE-SOLEBURY
  • Middle Or Junior School: NEW HOPE-SOLEBURY

Lot Info

  • Improvement Assessed Value: 14450.00
  • Land Assessed Value: 25520.00
  • Lot Size Acres: 2.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 211266.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 176882
  • Tax Annual Amount: 5095.00
  • Assessor Parcel Number: 41-028-050
  • Tax Lot: 050
  • Tax Year: 2012

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Raupp George
Bought by
Raupp George and Raupp Margaret A
Current Estimated Value
$1,209,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$453,778
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$755,330

Purchase Details

Listed on
Aug 31, 2012
Closed on
May 1, 2013
Sold by
Price Brian R and Roeser Allan D
Bought by
Raupp George
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Kathleen Sberna
Legacy Realty Properties, LLC
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Raupp George -- None Available
Raupp George $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raupp George $510,400
Closed Raupp George $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $250,000 -16.4% $651 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $299,000 +19.6% $779 / Sq Ft
03/02/2013 03/02/13 Off Market $250,000 -- --
08/31/2012 08/31/12 For Sale $299,000 -- $779 / 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
2025 $12,823 $85,280 $20,550 $64,730
2024 $12,823 $78,340 $20,550 $57,790
2023 $12,495 $78,340 $20,550 $57,790
2022 $12,410 $78,340 $20,550 $57,790
2021 $12,163 $78,340 $20,550 $57,790
2020 $15,366 $101,360 $20,550 $80,810
2019 $4,120 $27,780 $20,550 $7,230
2018 $4,028 $27,780 $20,550 $7,230
2017 $3,874 $27,780 $20,550 $7,230
2016 $3,874 $27,780 $20,550 $7,230
2015 -- $27,780 $20,550 $7,230
2014 -- $27,780 $20,550 $7,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004081518

Bright MLS

APN: 41-028-050