NOT LISTED FOR SALE

38 W Mechanic St Unit 3 New Hope, PA 18938

Estimated Value: $1,409,000 - $1,641,000

3 Beds
3.5 Baths
1,962 Sq Ft
$762/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $1,025,000 $522 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,290/month

Highlights

  • Carriage House
  • 1 Fireplace
  • Living Room
  • New Hope-Solebury Upper Elementary School Rated A
  • Eat-In Kitchen
  • 5-minute walk to Delaware Canal State Park

About This Home

As of June 2016

It is very rare occurrence when a luxury Re-sale becomes available at the prestigious Canal Street Townhome Community in Downtown New Hope. As you enter the home, a discrete powder room is located away from the main living area. The open kitchen /dining area offers everything from a Bertazzoni stove, high-end appliances, open and lighted stainless steel shelving to a cocktail area with wine refrigerator and ice maker. The open living room has a gas fireplace that is flanked on both sides with custom shelving of stone and wood. The embedded fossils in the stone create curiosity and interest. An oversized deck is perfect for al fresco dining and is ideally located where other units are at a reasonable distance. The home is serviced by an elevator that travels from the lowest level to the 4th level containing a bedroom, full bath and storage. If you prefer to use the staircase, you will be pleased to see that all of the banisters are the custom work of creative Artisan, Yates Spencer...recognized as a master of wrought iron arts. The floor below contains the master, walk-in closet and modern baths. While the guest bedroom is en suite as well. The owners selected this site because it offered a stairway on one side of the home which allows extra windows and light to be incorporated. West Mechanic is the perfect home for those seeking the active "in-town" living with waterfront restaurants, the Bucks County Playhouse and the reflective and soothing properties of the nearby Delaware River.

Last Agent to Sell the Property

Art Mazzei

(610) 428-4885 art@addisonwolfe.com Addison Wolfe Real Estate Listed on: 03/08/2016

Last Buyer's Agent

Lisa DePamphilis

(215) 778-8237 LisaD@FoxRoach.com BHHS Fox & Roach-New Hope License #AB067804

BHHS Fox & Roach-New Hope

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,079

Year Built

  • Built in 2008

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • Carriage House
  • Wood Siding

Interior Spaces

  • 1,962 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • Canal Street Subdivision

Listing and Financial Details

  • Tax Lot 085-003
  • Assessor Parcel Number 27-010-085-003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,079

Year Built

Built in 2008

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Carriage House
  • Ownership: Fee Simple
  • Exclusions: Hanging Picture To The Left Of The Refrigerator
  • New Construction: No
  • Year Built: 2008
  • Remarks Public: It is very rare occurrence when a luxury Re-sale becomes available at the prestigious Canal Street Townhome Community in Downtown New Hope. As you enter the home, a discrete powder room is located away from the main living area. The open kitchen /dining area offers everything from a Bertazzoni stove, high-end appliances, open and lighted stainless steel shelving to a cocktail area with wine refrigerator and ice maker. The open living room has a gas fireplace that is flanked on both sides with custom shelving of stone and wood. The embedded fossils in the stone create curiosity and interest. An oversized deck is perfect for al fresco dining and is ideally located where other units are at a reasonable distance. The home is serviced by an elevator that travels from the lowest level to the 4th level containing a bedroom, full bath and storage. If you prefer to use the staircase, you will be pleased to see that all of the banisters are the custom work of creative Artisan, Yates Spencer...recognized as a master of wrought iron arts. The floor below contains the master, walk-in closet and modern baths. While the guest bedroom is en suite as well. The owners selected this site because it offered a stairway on one side of the home which allows extra windows and light to be incorporated. West Mechanic is the perfect home for those seeking the active "in-town" living with waterfront restaurants, the Bucks County Playhouse and the reflective and soothing properties of the nearby Delaware River.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1962
  • Living Area Sq Ft: 1962
  • Net Sq Ft: 1962.00
  • Price Per Sq Ft: 547.91
  • Above Grade Finished Sq Ft: 1962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Access To Pool: 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
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 354.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 79610.00
  • Land Use Code: 1013
  • Lot Size Units: Square Feet
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5594611
  • Tax Annual Amount: 10079.00
  • Assessor Parcel Number: 27-010-085-003
  • Tax Lot: 085-003
  • Tax Year: 2016
  • Close Date: 06/01/2016

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
38 Mechanic Llc
Bought by
Thiede Stuart C and Brennan Lynne K
Current Estimated Value
$1,494,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Outstanding Balance
$602,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$870,603

Purchase Details

Closed on
May 16, 2017
Sold by
Raatz Stanley T
Bought by
38 Mechanic Llc

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 26, 2016
Sold by
Matthews Camilla D
Bought by
Raatz Stanley T
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Lisa DePamphilis
BHHS Fox & Roach-New Hope
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Oct 30, 2008
Sold by
28 Mechanics St Investors Lp
Bought by
Matthews Camilla D
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
Thiede Stuart C $1,045,000 First Partners Abstrct Co
38 Mechanic Llc -- None Available
Raatz Stanley T $1,025,000 None Available
Matthews Camilla D $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiede Stuart C $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $1,025,000 -4.7% $522 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $1,075,000 -- $548 / 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 $12,152 $79,610 -- $79,610
2024 $12,152 $79,610 $0 $79,610
2023 $11,818 $79,610 $0 $79,610
2022 $11,732 $79,610 $0 $79,610
2021 $11,482 $79,610 $0 $79,610
2020 $11,270 $79,610 $0 $79,610
2019 $11,007 $79,610 $0 $79,610
2018 $10,820 $79,610 $0 $79,610
2017 $10,422 $79,610 $0 $79,610
2016 $10,422 $79,610 $0 $79,610
2015 -- $79,610 $0 $79,610
2014 -- $79,610 $0 $79,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003872313

Bright MLS

APN: 27-010-085-003