NOT LISTED FOR SALE

504 Waterview Place Unit 504 New Hope, PA 18938

Estimated Value: $3,501,000 - $3,826,000

5 Beds
4.5 Baths
7,420 Sq Ft
$1,546/mo HOA Fee

Last Sold December 12, 2022

Last sale price $3,200,000 $431 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $23,970/month

37 Days on Market

Highlights

  • Penthouse
  • Water Oriented
  • Panoramic View
  • New Hope-Solebury Upper Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of December 2022

Waterview – You’ll feel like you’re on top of the world in this stunning, newly renovated luxury Penthouse at New Hope’s most prestigious address. The 5 Bedroom, 4.1 Bath two-story condominium enjoys unrestricted views of the Delaware River, while offering a carefree, turn-key lifestyle with state-of-the-art finishes. A keyed entry shared with only 3 others takes you by elevator directly into your own residence. The entrance hallway leads to an open floor plan showcasing the living room with newly designed fireplace, and dining room with cove lighting and new lighted glass cabinetry. Both share a floor to ceiling wall of windows and access to a spacious outdoor terrace (one of three). The first floor has been updated in a sophisticated modern style, with new wire brushed white oak flooring, and a light and airy palette. The cooks’ kitchen with new quartzite counters and backsplash has new antiqued brass faucets and fixtures. It is equipped with high end appliances including a Wolf 6-burner cook top with griddle, Thermador double wall ovens, a Subzero refrigerator/freezer, Miele dishwasher and there is a conveniently located laundry. If not dining in the main dining room, the comfortable family area with fireplace and a terrace joins with the open kitchen with breakfast bar and stools - a great space for casual enjoyment. A handsome home office with teak ceiling is outfitted with a wet bar and new quartzite counters, 2 wine coolers, and a hammered brass sink. The updated powder room is nearby. The first-floor main bedroom suite is truly a retreat, with a designer dressing closet, full bath with steam shower, custom shades, and a private terrace. A sunny office with bay window is a great adjunct to the main bedroom suite with river views in every direction. Take the newly redesigned staircase to the 2nd floor, complete with new railings and tempered glass panels, or use the private cherry- lined elevator. Upstairs, a two-story great room/studio is a fabulous multi-purpose space with two-story windows to the river, complete with a new quartzite serving counter with sink, two refrigeration drawers, and an icemaker – truly an inviting space for entertaining family and friends, or an outstanding light-filled art studio, as it is presently being used. There are 4 additional bedrooms and 3 baths, one bedroom presently being used as a home gym. All bedrooms have new high-end carpeting. Exceptional style and a sensible floor plan are the hallmarks of this well -designed home, which features new high hat and designer lighting, new Springboard electronics and music, a new Savant home automation system, new thermostats, and zoned heat and air conditioning. This premier, luxury community offers direct access to the canal towpath for hiking, biking, and fishing, and there is garaged parking for two cars and additional parking for guests. New Hope is just minutes away by walking or biking, where there are favorite eateries, eclectic shops and bars, and the renowned Bucks County Playhouse. For commuting, this exceptional home is easily accessible to Princeton, Philadelphia, New York and airports. From your perch overlooking the Delaware River, enjoy endless views and the sights and sounds of nature. No stone has been left unturned in the renovation of this gem of a home. It is simply sensational!

Last Agent to Sell the Property

Linda Danese

(215) 422-2220 linda@kurfiss.com Kurfiss Sotheby's International Realty Listed on: 09/21/2022

Last Buyer's Agent

Linda Danese

(215) 422-2220 linda@kurfiss.com Kurfiss Sotheby's International Realty Listed on: 09/21/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,535

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Extensive Hardscape
  • No Through Street
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,546 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Basement Garage
  • Lighted Parking
  • Shared Driveway
  • Parking Lot
  • Off-Street Parking

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor
  • Pitched Roof
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,420 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Wood Ceilings
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Cooktop with Range Hood
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Trash Compactor
  • Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Home Security

  • Security Gate
  • Intercom
  • Exterior Cameras
  • Surveillance System

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Multiple Balconies
  • Water Fountains
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Risk

Utilities

  • Air Filtration System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Underground Utilities
  • 200+ Amp Service
  • Water Treatment System
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 011-504
  • Assessor Parcel Number 27-009-011-504

Community Details

Overview

  • $4,638 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, parking fee
  • Low-Rise Condominium
  • Built by Scannapieco
  • Waterview Subdivision, Penthouse Floorplan

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,535

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,546 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: All appliances as shown, including washer, dryer; gas grill, all mounted flat screen TV's
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Waterview – You’ll feel like you’re on top of the world in this stunning, newly renovated luxury Penthouse at New Hope’s most prestigious address. The 5 Bedroom, 4.1 Bath two-story condominium enjoys unrestricted views of the Delaware River, while offering a carefree, turn-key lifestyle with state-of-the-art finishes. A keyed entry shared with only 3 others takes you by elevator directly into your own residence. The entrance hallway leads to an open floor plan showcasing the living room with newly designed fireplace, and dining room with cove lighting and new lighted glass cabinetry. Both share a floor to ceiling wall of windows and access to a spacious outdoor terrace (one of three). The first floor has been updated in a sophisticated modern style, with new wire brushed white oak flooring, and a light and airy palette. The cooks’ kitchen with new quartzite counters and backsplash has new antiqued brass faucets and fixtures. It is equipped with high end appliances including a Wolf 6-burner cook top with griddle, Thermador double wall ovens, a Subzero refrigerator/freezer, Miele dishwasher and there is a conveniently located laundry. If not dining in the main dining room, the comfortable family area with fireplace and a terrace joins with the open kitchen with breakfast bar and stools - a great space for casual enjoyment. A handsome home office with teak ceiling is outfitted with a wet bar and new quartzite counters, 2 wine coolers, and a hammered brass sink. The updated powder room is nearby. The first-floor main bedroom suite is truly a retreat, with a designer dressing closet, full bath with steam shower, custom shades, and a private terrace. A sunny office with bay window is a great adjunct to the main bedroom suite with river views in every direction. Take the newly redesigned staircase to the 2nd floor, complete with new railings and tempered glass panels, or use the private cherry- lined elevator. Upstairs, a two-story great room/studio is a fabulous multi-purpose space with two-story windows to the river, complete with a new quartzite serving counter with sink, two refrigeration drawers, and an icemaker – truly an inviting space for entertaining family and friends, or an outstanding light-filled art studio, as it is presently being used. There are 4 additional bedrooms and 3 baths, one bedroom presently being used as a home gym. All bedrooms have new high-end carpeting. Exceptional style and a sensible floor plan are the hallmarks of this well -designed home, which features new high hat and designer lighting, new Springboard electronics and music, a new Savant home automation system, new thermostats, and zoned heat and air conditioning. This premier, luxury community offers direct access to the canal towpath for hiking, biking, and fishing, and there is garaged parking for two cars and additional parking for guests. New Hope is just minutes away by walking or biking, where there are favorite eateries, eclectic shops and bars, and the renowned Bucks County Playhouse. For commuting, this exceptional home is easily accessible to Princeton, Philadelphia, New York and airports. From your perch overlooking the Delaware River, enjoy endless views and the sights and sounds of nature. No stone has been left unturned in the renovation of this gem of a home. It is simply sensational!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Compactor, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Icemaker, Intercom, Oven - Double, Oven - Self Cleaning, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Trash Compactor, Washer, Washer - Front Loading
  • Entry Floor: 4
  • Flooring Type: Carpet, Marble, Partially Carpeted, Tile/Brick, Wood
  • Interior Amenities: Additional Stairway, Air Filter System, Attic, Bar, Breakfast Area, Built-Ins, Butlers Pantry, Carpet, Cedar Closet(s), Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Living, Crown Moldings, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Intercom, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Casement, Insulated, Screens, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Insulated, Sliding Glass
  • Elevators Count: 2
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Wood Ceilings
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Bedroom 1, Study, Great Room, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 7420
  • Living Area Sq Ft: 7420
  • Price Per Sq Ft: 471.02
  • Above Grade Finished Sq Ft: 7420
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stucco, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights, Water Fountains
  • Road Surface Type: Black Top, Paved
  • Roof: Asphalt, Pitched, Shingle
  • View: Panoramic, River, Scenic Vista, Water
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Lighted Parking, Paved Parking, Shared Driveway
  • Garage Features: Basement Garage, Covered Parking, Inside Access, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers, Underground
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric, Propane
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Security Gate, Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone, Phone Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 1546.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Parking Fee
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 4638.00

Schools

  • School District: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 239370.00
  • Land Use Code: 1013
  • Lot Features: Flood Plain, No Thru Street
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: MU-MIXED USE
  • Zoning Description: Presently residential - condominiums

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Scannapieco

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4542110
  • School Tax: 26147.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 35535.00
  • Assessor Parcel Number: 27-009-011-504
  • Tax Lot: 011-504
  • Tax Total Finished Sq Ft: 7420
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/12/2022

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 23, 2022
Sold by
Groves Bruce and Groves Julie
Bought by
Creter Richard E
Seller's Agent
Linda Danese
Kurfiss Sotheby's International Realty
Buyer's Agent
Linda Danese
Kurfiss Sotheby's International Realty
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%
Views
103
Current Estimated Value
$3,655,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,306
Avg. Annual Appreciation
4.80%
Original Mortgage
$1,600,000
Outstanding Balance
$1,542,472
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$2,112,834

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 6, 2021
Sold by
Hallett Pastor L and Hallett Simon
Bought by
Groves Bruce and Groves Julie
Seller's Agent
Sarah Strong Drake
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Laurie Dau
EXP Realty, LLC
List Price
$2,989,000
Sold Price
$2,895,000
Premium/Discount to List
-$94,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Listed on
Nov 14, 2018
Closed on
Feb 12, 2020
Sold by
Taverner Charles
Bought by
Hallett Simon and Hallett Jane
Seller's Agent
Kevin Steiger
Kurfiss Sotheby's International Realty
Buyer's Agent
Sarah Strong Drake
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,295,000
Sold Price
$2,995,000
Premium/Discount to List
-$300,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.28%

Purchase Details

Listed on
Aug 2, 2016
Closed on
Apr 12, 2017
Sold by
Bergen Michale L
Bought by
Teverner Charles
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Lisa DePamphilis
BHHS Fox & Roach-New Hope
List Price
$2,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$395,000
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$2,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 28, 2015
Closed on
Nov 30, 2015
Sold by
Miller Lawrence and Miller Dolores
Bought by
Bergen Michael L
Seller's Agent
Joseph Bograd
Elite Realty Group Unl. Inc.
Buyer's Agent
Kathleen Cranmer
Addison Wolfe Real Estate
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.73%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Waterview Holding Corp
Bought by
Miller Lawrence and Miller Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Creter Richard E $3,200,000 --
Groves Bruce $2,895,000 Mercer Abstract & Settlement
Hallett Simon $2,995,000 Tohickon Settlement Svcs Inc
Teverner Charles $2,600,000 None Available
Bergen Michael L $1,900,000 None Available
Miller Lawrence $1,987,262 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creter Richard E $1,600,000
Previous Owner Teverner Charles $2,000,000
Previous Owner Miller Lawrence $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2022 12/12/22 Sold $3,200,000 -8.4% $431 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $3,495,000 +20.7% $471 / Sq Ft
08/19/2021 08/19/21 Sold $2,895,000 0.0% -- View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $2,895,000 -1.5% --
12/18/2020 12/18/20 Price Changed $2,939,000 -1.7% --
07/11/2020 07/11/20 For Sale $2,989,000 +3.2% --
07/10/2020 07/10/20 Off Market $2,895,000 -- --
07/10/2020 07/10/20 For Sale $2,989,000 -0.2% --
03/02/2020 03/02/20 Sold $2,995,000 0.0% $404 / Sq Ft View Prior Sale
01/23/2020 01/23/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $2,995,000 -5.7% $404 / Sq Ft
09/18/2019 09/18/19 Price Changed $3,175,000 -3.6% $428 / Sq Ft
11/14/2018 11/14/18 For Sale $3,295,000 +26.7% $444 / Sq Ft
04/13/2017 04/13/17 Sold $2,600,000 -10.2% $350 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
10/14/2016 10/14/16 Price Changed $2,895,000 -3.3% $390 / Sq Ft
08/02/2016 08/02/16 For Sale $2,995,000 +57.6% $404 / Sq Ft
11/30/2015 11/30/15 Sold $1,900,000 -5.0% $256 / Sq Ft View Prior Sale
11/01/2015 11/01/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $1,999,999 -- $270 / 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 $36,537 $189,000 -- $189,000
2024 $36,537 $239,370 $0 $239,370
2023 $35,535 $239,370 $0 $239,370
2022 $35,277 $239,370 $0 $239,370
2021 $34,523 $239,370 $0 $239,370
2020 $33,886 $239,370 $0 $239,370
2019 $33,096 $239,370 $0 $239,370
2018 $32,534 $239,370 $0 $239,370
2017 $31,336 $239,370 $0 $239,370
2016 $31,336 $239,370 $0 $239,370
2015 -- $239,370 $0 $239,370
2014 -- $239,370 $0 $239,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2036538

Bright MLS

APN: 27-009-011-504