NOT LISTED FOR SALE

43 W Ferry St New Hope, PA 18938

Estimated Value: $555,000 - $925,000

3 Beds
3 Baths
1,194 Sq Ft
$683/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $775,000 $649 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,670/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Heat Pump System
  • New Hope-Solebury Upper Elementary School Rated A
  • No HOA

About This Home

As of April 2022

In the heart of New Hope Borough, sits 43 West Ferry Street. This Village "Row" house has been renovated into 3 apartments. This desirable location, within walking distance to restaurants, the playhouse, galleries and the River, allows apartment seekers a great opportunity. The building has newly renovated kitchens, roof, painting to name a few. The home backs to the Aquetong Creek, which flows throughout the Borough, is the perfect site for lounge chairs and star gazing. This investment property will only grow in value as evidenced by the tremendous growth in Town.

Descriptions of units...
Apartment A (Top floor - entry is on the side)
One Bedroom - Separate living room and kitchen as well, washer and dryer, dishwasher. Fantastic Light, Small bath.
Rent - $1355 / month. Single person - 3rd year of his lease with us. Fantastic tenant.

Apartment B (Front, Ground-level - Entry is in front, on Ferry)
One bedroom, separate living room, kitchen, and bedroom, washer and dryer, dishwasher
New kitchen cabinets, stove, microhood.
Tall ceilings, views of Aquetong Creek from bedroom windows and Ferry Street from the living room.
Rent - $1700 / month. New Single Tenant who just renewed for an additional 6 months. Also a fantastic tenant.

Apartment C (Bottom floor, accessed at bottom of staircase alongside bridge)
Small apartment, with separate bedroom area.
Newer kitchen, new pergo, washer and dryer, new range.
Has a backyard of the Aquetong Creek
Was rented for $1750, tenant just vacated, Listed 2 days ago at $1850 by the owners.

Utilities are electric and completely separate.

Total monthly rent roll - $4555.
Annual - $54660 (Rents when the owners purchased it three years ago, were about $35,000).

Taxes About $4K
Insurance About $3K


***Special Note: All showings will require at least 24 hours notice .

Last Agent to Sell the Property

Art Mazzei

(610) 428-4885 art@addisonwolfe.com Addison Wolfe Real Estate Listed on: 03/07/2022

Last Buyer's Agent

James Maroldi

(908) 268-7519 james.rivervalley@gmail.com River Valley Properties License #AB069418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1800

Lot Details

  • 1,254 Sq Ft Lot
  • Lot Dimensions are 19.00 x 66.00
  • Property is zoned CC

Home Design

  • Traditional Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,194 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 069-001
  • Assessor Parcel Number 27-010-069-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Unit/Flat, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1194
  • Living Area Sq Ft: 1194
  • Price Per Sq Ft: 628.06
  • Above Grade Finished Sq Ft: 1194
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 22760.00
  • Land Assessed Value: 8840.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 19.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1254.00
  • Zoning: CC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 129464
  • School Tax: 3418.00
  • Tax Annual Amount: 4657.00
  • Assessor Parcel Number: 27-010-069-001
  • Tax Lot: 069-001
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 16, 2018
Sold by
Hayden Group Inc
Bought by
Dougherty Daniel J and Greco Ronald R
Seller's Agent
Sharon Ermel Spadaccini
BHHS Fox & Roach-New Hope
Buyer's Agent
Sharon Ermel Spadaccini
BHHS Fox & Roach-New Hope
List Price
$429,900
Sold Price
$382,500
Premium/Discount to List
-$47,400
-11.03%
Current Estimated Value
$815,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,036
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
May 31, 2006
Sold by
Murphy Barbara E
Bought by
The Hayden Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Dougherty Daniel J $382,500 None Available
The Hayden Group Inc $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Hayden Group Inc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $775,000 +3.3% $649 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $749,900 +96.1% $628 / Sq Ft
07/16/2018 07/16/18 Sold $382,500 -11.0% $213 / Sq Ft View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $429,900 0.0% $239 / Sq Ft
03/26/2015 03/26/15 Rented $1,000 0.0% --
03/26/2015 03/26/15 Under Contract -- -- --
03/16/2015 03/16/15 For Rent $1,000 -- --
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
2025 $4,823 $31,600 $8,840 $22,760
2024 $4,823 $31,600 $8,840 $22,760
2023 $4,691 $31,600 $8,840 $22,760
2022 $4,657 $31,600 $8,840 $22,760
2021 $4,557 $31,600 $8,840 $22,760
2020 $4,473 $31,600 $8,840 $22,760
2019 $4,369 $31,600 $8,840 $22,760
2018 $4,295 $31,600 $8,840 $22,760
2017 $4,137 $31,600 $8,840 $22,760
2016 $4,137 $31,600 $8,840 $22,760
2015 -- $31,600 $8,840 $22,760
2014 -- $31,600 $8,840 $22,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2021032

Bright MLS

APN: 27-010-069-001