NOT LISTED FOR SALE

The Waterworks 350 S River Rd Unit E1 New Hope, PA 18938

Estimated Value: $1,166,000 - $1,343,212

2 Beds
2.5 Baths
1,800 Sq Ft
$704/mo HOA Fee

Last Sold July 14, 2023

Last sale price $1,225,000 $681 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,791/month

4 Days on Market

Highlights

  • River View
  • Stream or River on Lot
  • Wood Flooring
  • New Hope-Solebury Upper Elementary School Rated A
  • Vaulted Ceiling
  • Attic

About This Home

As of July 2023

This Exceptional Waterworks Residence Offers Magnificent River Views, Has Been Restored By An Architect And Professionally Designed Throughout. This Sensational Offering Is Situated In The Original Solid Stone Historic Mill Structure With Only Four Individual Residences. Original Details Of The Building Have Been Preserved And Include Uniquely High Ceilings Throughout, Two-Story Brick Walls Designed With Arches To Match The Building’s Exterior Arches, Refurbished Wood On Many Of Its Random Angled Ceilings And A Custom Fabricated Floating Wood And Metal Staircase Including Wood And Leather Detailed Newel Posts Is Located In The Entrance Hall Accessing The Second Level. The Great Room Features Gorgeous River Views From Oversized New Windows And Atrium Doors To A Juliet Balcony With Views Towards The New Hope-Lambertville Bridge. Customized Duchateau Engineered Hardwood Floors, Solid Wood Doors, Recessed Lighting And High-End Designer Lighting Fixtures Throughout. A Large Metal Surround Acid-Dipped Steel Hearth Cabinet Sterno Fireplace Is Located In The Great Room As Well As A Continuation Of Brick Walls With Arched Design. A Generous Dining Room Features A Stunning Overhead Light Fixture Surrounded By A Customized Detailed Framed Mirrored Ceiling Mount. The Gourmet Kitchen Offers Sueded Granite Countertops, A Wide Breakfast Bar, Separate Stove Top With A Brick Wall Containing A Bronze Hood Vented To The Exterior, Stainless Steel Oven, Copper Sink And A Dishwasher And French Door Refrigerator Designed to Blend With The Professional Cabinetry Throughout. All Appliances Specially Upgraded. The Main Level Also Includes Laundry With A Built-In Counter Above Side By Side Appliances, A Powder Room And A Second Bedroom Currently Used As A Den/Office With Ensuite Bath. This Bath Includes A Large Glass Enclosed Shower With Specially Designed Walls And Shower Flooring. The Second Level Features An Alluring Primary Bedroom With Riverview Windows Surrounding. Brick Walls Continue Up The Staircase And A Separate Hall Leads To A Walk-In Closet. A Luxurious Primary Bath Accessed Through Reclaimed Sliding Barn Doors Includes A Custom Cement Tub, Full Walled Large Glass Enclosed Shower, Double Vanity, Full Brick Wall With Circular Mirror, Custom Designed Lightly Frosted Interior Oval Window And A View From Its Long Narrow Window Overlooking The Delaware. This One Of A Kind Waterworks Residence Has Beautifully Realized An Interior That Is In Unison With Its Home In The Original Historic Paper Mill Factory. Two Car Side By Side Parking In Secured Garage Below. Superb Location. Walk To Town. Next Door To Odette’s Riverhouse. All Appointments Through And Accompanied By Listing Agent.

Last Agent to Sell the Property

Brian Pawlowski

RE/MAX Properties - Newtown License #RS160880A Listed on: 05/28/2023

RE/MAX Properties - Newtown

Last Buyer's Agent

Gail Nagele-Hopkins

Iron Valley Real Estate Doylestown License #0017121

Iron Valley Real Estate Doylestown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 1989

Lot Details

  • 1,437

HOA Fees

  • $704 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Garage Door Opener

Home Design

  • Converted Dwelling
  • Masonry

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Bar
  • Wood Ceilings
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Replacement Windows
  • Window Treatments
  • Wood Flooring
  • River Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Utilities

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

Additional Features

  • Doors swing in
  • Stream or River on Lot
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 006-0E1
  • Assessor Parcel Number 27-009-006-0E1

Community Details

Overview

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

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,932

Year Built

Built in 1989

Lot Details

0

HOA Fees

$704 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Converted Dwelling
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Exclusions: Primary Bedroom Lighting Fixtures To Be Removed And Capped
  • Inclusions: All Appliances As Shown, All Lighting Fixtures As Shown, All Window Treatments As Shown
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dryer - Front Loading, Dryer - Electric, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Bar, Breakfast Area, Built-Ins, Recessed Lighting, Stall Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Replacement
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Vaulted Ceilings, High, Wood Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 666.67
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Spa: No
  • View: River, Water
  • 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: Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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: 704.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, 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

Lot Info

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

Rental Info

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

Tax Info

  • School Tax: 4364.00
  • Tax Annual Amount: 5932.00
  • Assessor Parcel Number: 27-009-006-0E1
  • Tax Lot: 006-0E1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/14/2023

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jun 23, 2023
Sold by
Maksoud Jane L
Bought by
Winn Robert J and Brock Lisa
Seller's Agent
Brian Pawlowski
RE/MAX Properties - Newtown
Buyer's Agent
Gail Nagele-Hopkins
Iron Valley Real Estate Doylestown
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Views
103
Current Estimated Value
$1,201,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,401
Avg. Annual Appreciation
-4.09%
Original Mortgage
$900,000
Outstanding Balance
$882,907
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$240,145

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 7, 2013
Sold by
Shafer Dennis W and Shafer Patricia J
Bought by
Maksoud Jane L
Seller's Agent
Brian Pawlowski
RE/MAX Properties - Newtown
Buyer's Agent
Brian Pawlowski
RE/MAX Properties - Newtown
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$417,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Devito Katherine L
Bought by
Shafer Dennis W and Shafer Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Winn Robert J $1,225,000 Quaint Oak Abstract
Maksoud Jane L $600,000 Fidelity Natl Title Ins Co
Shafer Dennis W $650,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winn Robert J $900,000
Previous Owner Maksoud Jane L $417,000
Previous Owner Shafer Patricia $417,000
Previous Owner Shafer Patricia $67,395
Previous Owner Shafer Dennis W $520,000
Previous Owner Vito Katherine L De $196,000
Previous Owner Devito Katherine L $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,225,000 +2.1% $681 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $1,200,000 +100.0% $667 / Sq Ft
09/20/2013 09/20/13 Sold $600,000 -6.3% $381 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $640,000 -- $407 / 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 $6,099 $39,960 $0 $39,960
2023 $5,932 $39,960 $0 $39,960
2022 $5,889 $39,960 $0 $39,960
2021 $5,763 $39,960 $0 $39,960
2020 $5,657 $39,960 $0 $39,960
2019 $5,525 $39,960 $0 $39,960
2018 $5,431 $39,960 $0 $39,960
2017 $5,231 $39,960 $0 $39,960
2016 $5,231 $39,960 $0 $39,960
2015 -- $39,960 $0 $39,960
2014 -- $39,960 $0 $39,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2050350

Bright MLS

APN: 27-009-006-0E1