NOT LISTED FOR SALE

40 W Bridge St New Hope, PA 18938

Estimated Value: $741,802

-- Bed
-- Bath
1,130 Sq Ft
$656/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $665,000 $588 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,257/month

Highlights

  • Downtown Location
  • Forced Air Heating System
  • Wall to Wall Carpet
  • New Hope-Solebury Upper Elementary School Rated A
  • Wood Siding

About This Home

As of June 2022

Owner willing to continue renting main level with 2 yr lease. Mixed use property (Commercial & Residential) right in the center of New Hope Boro. In demand location! Awesome views of (and from) the busy New Hope streets and plenty of sunlight via expanded and welcoming bay window. New, wide-plank hardwood floor, powder room, track lighting, closet space and built-in cabinet perfect for business or store on first level. Two bedroom, one bath apartment on 2nd level includes a private entrance, eat-in kitchen, new carpeting & paint, and washer and dryer.Two off-street parking spaces included. Amazing foot-traffic, high visibility, overall prime location. Perfect for living upstairs and running your business downstairs! Or run your business and collect rental income.

Last Agent to Sell the Property

Andy Kowalski

(215) 346-6022 topbucksrealtor@gmail.com Opus Elite Real Estate Listed on: 02/14/2022

Opus Elite Real Estate

Co-Listed By

Maria Cipparone

ak@compass.com Compass RE

Last Buyer's Agent

Andy Kowalski

(215) 346-6022 topbucksrealtor@gmail.com Opus Elite Real Estate Listed on: 02/14/2022

Opus Elite Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1867

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 23x128
  • Downtown Location

Home Design

  • Duplex
  • Pitched Roof
  • Wood Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement

Schools

  • New Hope-Solebury High School

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Community Details

  • 2 Units
  • New Hope Subdivision

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number 27-006-096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,878

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1867
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Total Sq Ft: 1130
  • Living Area Sq Ft: 1130
  • Price Per Sq Ft: 592.83
  • Above Grade Finished Sq Ft: 1130
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Stone, Mixed Plumbing
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Schools

  • School District Source: Listing Agent
  • High School: NEW HOPE-SOLEBURY

Lot Info

  • Improvement Assessed Value: 17080.00
  • Land Assessed Value: 11720.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 23X128
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.20
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 128716
  • Tax Annual Amount: 3878.00
  • Assessor Parcel Number: 27-006-096
  • Tax Lot: 096
  • Tax Year: 2017

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 24, 2022
Sold by
Garnat Properties V Llc
Bought by
Ybc Properties Llc
Seller's Agent
Andy Kowalski
Opus Elite Real Estate
Buyer's Agent
Andy Kowalski
Opus Elite Real Estate
List Price
$669,900
Sold Price
$665,000
Premium/Discount to List
-$4,900
-0.73%
Current Estimated Value
$741,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,802
Avg. Annual Appreciation
3.27%
Original Mortgage
$491,250
Outstanding Balance
$466,677
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$275,125

Purchase Details

Closed on
Feb 23, 2018
Sold by
Christensen Carl and Christensen Ina
Bought by
Garnat Properties V Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
New Hope Condo Lp
Bought by
Christensen Carl and Christensen Ina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 1999
Sold by
Barnes Eleanor L and Barnes Donald
Bought by
Brett Mary Y and Brett Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.99%
Mortgage Type
Commercial
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
Ybc Properties Llc $655,000 First Service Abstract
Garnat Properties V Llc $550,000 First Service Abstract Inc
Christensen Carl $450,000 None Available
Brett Mary Y $225,000 T A Title Insurance Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ybc Properties Llc $491,250
Previous Owner Christensen Carl $360,000
Previous Owner Brett Mary Y $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $665,000 -0.7% $588 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $669,900 -- $593 / 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 $4,396 $28,800 $11,720 $17,080
2024 $4,396 $28,800 $11,720 $17,080
2023 $4,275 $28,800 $11,720 $17,080
2022 $4,244 $28,800 $11,720 $17,080
2021 $4,154 $28,800 $11,720 $17,080
2020 $4,077 $28,800 $11,720 $17,080
2019 $3,982 $28,800 $11,720 $17,080
2018 $3,914 $28,800 $11,720 $17,080
2017 $3,770 $28,800 $11,720 $17,080
2016 $3,770 $28,800 $11,720 $17,080
2015 -- $28,800 $11,720 $17,080
2014 -- $28,800 $11,720 $17,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2019684

Bright MLS

APN: 27-006-096