NOT LISTED FOR SALE

48 Waterloo St New Hope, PA 18938

Estimated Value: $756,000 - $784,450

2 Beds
1.5 Baths
1,339 Sq Ft
$573/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $770,000 $575 Per Sq Ft

Current estimated payment $4,715/month

55 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Colonial Architecture
  • 1 Fireplace
  • New Hope-Solebury Upper Elementary School Rated A
  • Stream or River on Lot
  • No HOA

About This Home

As of January 2025

LOCATION, LOCATION! Discover a rare opportunity to own a piece of history with this charming circa 1830 RIVERFRONT home, perfectly nestled in the heart of New Hope Borough. Set on a 0.15-acre lot with approx. 65 feet of breathtaking river frontage, this property is brimming with potential, offering the perfect canvas for your vision—whether it’s a serene weekend getaway or a stunning permanent residence. The home features 2 bedrooms, 1.5 baths, and timeless architectural details that are yearning to be revitalized. While it requires extensive renovations, this property is a blank slate, ready to be transformed into a one-of-a-kind riverside retreat. Envision restoring its historic charm while seamlessly blending in modern amenities, all with the ever-present backdrop of tranquil river views from your own backyard. Located in the vibrant and historic Bucks County, just steps away from the eclectic shops, galleries, and dining that New Hope is renowned for, this home offers the perfect combination of peaceful seclusion and urban convenience. With easy access to New York City, Philadelphia, and New Jersey, it’s an ideal location for weekenders and guests alike. This property is being sold strictly in "as is" condition, presenting a unique chance to create your dream home or a valuable investment in one of Pennsylvania's most sought-after locations. Don’t miss this exceptional opportunity to make this riverfront gem your own.

Last Agent to Sell the Property

Nancy Schafer

Coldwell Banker Hearthside Listed on: 08/12/2024

Coldwell Banker Hearthside

Co-Listed By

Darcy Terman

Coldwell Banker Hearthside Realtors- Ottsville

Last Buyer's Agent

Maureen Reynolds

SERHANT PENNSYLVANIA LLC License #RS45687

SERHANT PENNSYLVANIA LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,645

Year Built

  • Built in 1830

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65.00 x 100.00
  • 65 Feet of Waterfront
  • Home fronts navigable water
  • Partially Fenced Property

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,339 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Water Views
  • Walk-Out Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Outdoor Features

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

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • New Hope Subdivision

Listing and Financial Details

  • Tax Lot 156-001
  • Assessor Parcel Number 27-010-156-001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,645

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1830
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION, LOCATION! Discover a rare opportunity to own a piece of history with this charming circa 1830 RIVERFRONT home, perfectly nestled in the heart of New Hope Borough. Set on a 0.15-acre lot with approx. 65 feet of breathtaking river frontage, this property is brimming with potential, offering the perfect canvas for your vision—whether it’s a serene weekend getaway or a stunning permanent residence. The home features 2 bedrooms, 1.5 baths, and timeless architectural details that are yearning to be revitalized. While it requires extensive renovations, this property is a blank slate, ready to be transformed into a one-of-a-kind riverside retreat. Envision restoring its historic charm while seamlessly blending in modern amenities, all with the ever-present backdrop of tranquil river views from your own backyard. Located in the vibrant and historic Bucks County, just steps away from the eclectic shops, galleries, and dining that New Hope is renowned for, this home offers the perfect combination of peaceful seclusion and urban convenience. With easy access to New York City, Philadelphia, and New Jersey, it’s an ideal location for weekenders and guests alike. This property is being sold strictly in "as is" condition, presenting a unique chance to create your dream home or a valuable investment in one of Pennsylvania's most sought-after locations. Don’t miss this exceptional opportunity to make this riverfront gem your own.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 1339
  • Living Area Sq Ft: 1339
  • Price Per Sq Ft: 597.39
  • Above Grade Finished Sq Ft: 1339
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Water
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 65

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • 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: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Land Use Code: 1023
  • Lot Size Acres: 0.15
  • Lot Dimensions: 65.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Year Assessed: 2024
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 4217.00
  • Tax Annual Amount: 5645.00
  • Assessor Parcel Number: 27-010-156-001
  • Tax Lot: 156-001
  • Tax Total Finished Sq Ft: 1339
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/03/2025

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Jan 3, 2025
Sold by
Joanne C Bitzer Irrevocable Trust and Bitzer Jesse Alan
Bought by
Waterloo 48 Llc
Seller's Agent
Nancy Schafer
Coldwell Banker Hearthside
Buyer's Agent
Maureen Reynolds
SERHANT PENNSYLVANIA LLC
List Price
$998,500
Sold Price
$770,000
Premium/Discount to List
-$228,500
-22.88%
Views
179
Current Estimated Value
$767,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,387
Avg. Annual Appreciation
-0.62%
Original Mortgage
$1,877,500
Outstanding Balance
$1,872,566
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$1,104,953

Purchase Details

Closed on
Nov 29, 2023
Sold by
Bitzer Joanne C
Bought by
Joanne C Bitzer Irrevocable Trust and Bitzer

Purchase Details

Closed on
Dec 5, 1983
Sold by
Bitzer Joanne C Trustee For
Bought by
Bitzer Joanne C
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
Waterloo 48 Llc $770,000 Tohickon Settlement Services
Waterloo 48 Llc $770,000 Tohickon Settlement Services
Joanne C Bitzer Irrevocable Trust -- None Listed On Document
Bitzer Joanne C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterloo 48 Llc $1,877,500
Closed Waterloo 48 Llc $1,877,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $770,000 -3.7% $575 / Sq Ft
09/28/2024 09/28/24 Price Changed $799,900 -10.6% $597 / Sq Ft
09/04/2024 09/04/24 Price Changed $895,000 -10.4% $668 / Sq Ft
08/12/2024 08/12/24 For Sale $998,500 -- $746 / 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 $5,556 $36,400 $14,040 $22,360
2023 $5,404 $36,400 $14,040 $22,360
2022 $5,364 $36,400 $14,040 $22,360
2021 $5,250 $36,400 $14,040 $22,360
2020 $5,153 $36,400 $14,040 $22,360
2019 $5,033 $36,400 $14,040 $22,360
2018 $4,947 $36,400 $14,040 $22,360
2017 $4,765 $36,400 $14,040 $22,360
2016 $4,765 $36,400 $14,040 $22,360
2015 -- $36,400 $14,040 $22,360
2014 -- $36,400 $14,040 $22,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2077134

Bright MLS

APN: 27-010-156-001