NOT LISTED FOR SALE

The Waterworks 350 S River Rd Unit B3 New Hope, PA 18938

Estimated Value: $894,000 - $1,063,000

2 Beds
2.5 Baths
-- Sq Ft
$744/mo HOA Fee

Last Sold March 29, 2024

Last sale price $930,500

Est. 5% increase in value since last sale

Current estimated payment $6,824/month

57 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Water Oriented
  • Stream or River on Lot
  • New Hope-Solebury Upper Elementary School Rated A
  • River View
  • Wood Flooring

About This Home

As of March 2024

The best river views in New Hope! One of only five river-front townhouses in the sought-after Waterworks community. The views from all three levels of this fabulous townhouse are stellar. The legendary wingdam, tumbling rapids, soaring eagles and the ever-changing light and color of the NJ hills create a mesmerizing view-scape. Located just a short stroll along the historic towpath to the center of vibrant New Hope, this 2-bedroom, 2.5 bath home makes it easy to enjoy all of New Hope's many amenities, while offering the calm, quiet and serenity of river-front living. The front door, entered from a central courtyard, opens into a gracious foyer with a coat closet and powder room. Straight ahead, you get your first look at the exquisite views. On the right is the efficiently-designed L-shaped kitchen with an expansive breakfast bar. To the left is the dining area and stairs to the upper levels. Continuing straight brings you to the large living room with a wall of windows that bring in beautiful light...and of course those wonderful views. The second level features a large bedroom, with ensuite tile bathroom and a wall of windows overlooking the river. The second level also includes a storage closet and the laundry. Up another flight is the primary bedroom suite with tile bath and walk-in closet. Another wall of windows and sliding glass doors look out to an inviting deck ...and you guessed it...those amazing views. The Waterworks is an architecturally-exemplary adaptive-reuse of an historic 19th century water-powered paper mill. The grounds are professionally landscaped and beautifully maintained, including lovely paver walkways above the canal and plenty of guest parking. New Hope is 65 miles to the Holland Tunnel; 40 miles to Center City Philadelphia.

Last Agent to Sell the Property

Dee Dee Bowman

BHHS Fox & Roach-New Hope Listed on: 01/13/2024

BHHS Fox & Roach-New Hope

Last Buyer's Agent

Jennifer Jopko

RE/MAX Tri County License #9912940

RE/MAX Tri County

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,652

Year Built

  • Built in 1989

Lot Details

  • 30 Feet of Waterfront
  • Historic Home

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Brick Foundation
  • Stone Foundation
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Skylights
  • 3 Fireplaces
  • Combination Dining and Living Room
  • River Views
  • Laundry on upper level
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 006-0B3
  • Assessor Parcel Number 27-009-006-0B3

Community Details

Overview

  • $2,500 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, insurance, snow removal, trash
  • $250 Other One-Time Fees
  • Waterworks Subdivision

Amenities

  • Common Area

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,652

Year Built

Built in 1989

Lot Details

0

HOA Fees

$744 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Historic: Yes
  • Inclusions: Refrigerator, washer, dryer. All in as is condition.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-01-13
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: The best river views in New Hope! One of only five river-front townhouses in the sought-after Waterworks community. The views from all three levels of this fabulous townhouse are stellar. The legendary wingdam, tumbling rapids, soaring eagles and the ever-changing light and color of the NJ hills create a mesmerizing view-scape. Located just a short stroll along the historic towpath to the center of vibrant New Hope, this 2-bedroom, 2.5 bath home makes it easy to enjoy all of New Hope's many amenities, while offering the calm, quiet and serenity of river-front living. The front door, entered from a central courtyard, opens into a gracious foyer with a coat closet and powder room. Straight ahead, you get your first look at the exquisite views. On the right is the efficiently-designed L-shaped kitchen with an expansive breakfast bar. To the left is the dining area and stairs to the upper levels. Continuing straight brings you to the large living room with a wall of windows that bring in beautiful light...and of course those wonderful views. The second level features a large bedroom, with ensuite tile bathroom and a wall of windows overlooking the river. The second level also includes a storage closet and the laundry. Up another flight is the primary bedroom suite with tile bath and walk-in closet. Another wall of windows and sliding glass doors look out to an inviting deck ...and you guessed it...those amazing views. The Waterworks is an architecturally-exemplary adaptive-reuse of an historic 19th century water-powered paper mill. The grounds are professionally landscaped and beautifully maintained, including lovely paver walkways above the canal and plenty of guest parking. New Hope is 65 miles to the Holland Tunnel; 40 miles to Center City Philadelphia.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Carpet, Combination Dining/Living, Dining Area, Primary Bath(s), Soaking Tub, Skylight(s), Stall Shower, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Stone, Brick/Mortar
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • View: River
  • Water Access: No
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 30

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Central A/C
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • 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: 744.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 2500.00

Schools

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

Green Features

  • Efficiency: Hvac

Lot Info

  • Land Use Code: 1013
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: LI1

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 6399.00
  • Tax Annual Amount: 8652.00
  • Assessor Parcel Number: 27-009-006-0B3
  • Tax Lot: 006-0B3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/29/2024

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 29, 2024
Sold by
Marks Terry
Bought by
Eustace William
Seller's Agent
Dee Dee Bowman
BHHS Fox & Roach-New Hope
Buyer's Agent
Jennifer Jopko
RE/MAX Tri County
List Price
$950,000
Sold Price
$930,500
Premium/Discount to List
-$19,500
-2.05%
Views
239
Current Estimated Value
$976,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,417
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Apr 25, 2019
Sold by
Marks Terry and The Marks Family Trust
Bought by
Marks Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2009
Sold by
Marks Terry
Bought by
The Marks Family Trust

Purchase Details

Closed on
Aug 19, 2004
Sold by
Scannapieco Thomas J
Bought by
Marks Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Petrick David M and Petrick Susan
Bought by
Scannapieco Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1999
Sold by
Wright Stephen B
Bought by
Petrick David M and Petrick Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Eustace William $930,500 Core Abstract
Marks Terry -- Abstract One Llc
The Marks Family Trust -- None Available
Marks Terry $580,000 --
Scannapieco Thomas J $385,000 First American Title Ins Co
Petrick David M $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Terry $395,000
Previous Owner Harvey Diane M $438,600
Previous Owner Salerno John $341,000
Previous Owner Marks Terry $435,000
Previous Owner Scannapieco Thomas J $300,000
Previous Owner Petrick David M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $930,500 -2.1% --
03/11/2024 03/11/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $950,000 -- --
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 $8,768 $57,440 $0 $57,440
2023 $8,527 $57,440 $0 $57,440
2022 $8,465 $57,440 $0 $57,440
2021 $8,284 $57,440 $0 $57,440
2020 $8,131 $57,440 $0 $57,440
2019 $7,942 $57,440 $0 $57,440
2018 $7,807 $57,440 $0 $57,440
2017 $7,519 $57,440 $0 $57,440
2016 $7,519 $57,440 $0 $57,440
2015 -- $57,440 $0 $57,440
2014 -- $57,440 $0 $57,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2062852

Bright MLS

APN: 27-009-006-0B3