$2,950,000
SOLD JUL 31, 2024

507 Waterview Place Unit 507 New Hope, PA 18938

4 Beds
3.5 Baths
3,962 Sq Ft
$1,546/mo HOA Fee

Recently Sold

$745 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary bedroom faces the bay
  • Eat-In Gourmet Kitchen
  • New Hope-Solebury Upper Elementary School Rated A
  • Fishing Allowed
  • Panoramic View

About This Home

As of July 2024

Behold "The Riverglass Residence" at 507 Waterview Place; considered the most highly sought after luxury condominium association within Bucks County. Perched high upon the banks of the Delaware River, The Riverglass Residence has been brilliantly refreshed, elevating the bar for affluent riverfront living. The quest for modern sophistication married to exquisite river views and a low maintenance lifestyle have never been in higher demand. This is a third floor unit with access via private elevator. The beauty of The Riverglass Residence is captured upon first glance, where you are greeted with an overwhelming sense of refinement. A wall of windows and a wrap-around rear balcony showcase the most unbelievable panoramic views. The extensive renovations include new hardwood flooring, a new gourmet chef's kitchen boasting top of the line appliances, elaborate custom built-ins inclusive of a Sub Zero wine refrigerator, quartz center island and countertops. The new, luxurious bathrooms, custom California closets in each ensuite bedroom, electronic Hunter Douglas blinds in all rooms, chic lighting fixtures and a redesigned custom inlay for a 75" television complete the visual experience. This unit, with fluidity flowing throughout, has truly been modernized to showcase the very best of interior design, offering a fresh new canvas to start your next chapter. Riverglass is conveniently located within walking distance to the quaint hamlet of New Hope, PA; a town which offers endless leisure, recreation, and entertainment as well as a unique collection of galleries, specialty shops and superb restaurants. A most rare offering, this home presents the perfect opportunity to live within an architecturally superb and elegant domain. Sophisticated, stylish and entirely stunning, The Riverglass Residence welcomes you with open arms and an open heart.

Last Agent to Sell the Property

Revi Haviv

Addison Wolfe Real Estate License #RS355167 Listed on: 04/17/2024

Last Buyer's Agent

Art Mazzei

Addison Wolfe Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,636

Year Built

  • Built in 2004 | Remodeled in 2024

Lot Details

  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Extensive Hardscape
  • No Through Street
  • Secluded Lot
  • Premium Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,546 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Basement Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Stone Driveway
  • Parking Lot

Property Views

  • River
  • Panoramic
  • Scenic Vista

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,962 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Built-In Features
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Solid Hardwood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary bedroom faces the bay
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Security Gate
  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • River Nearby
  • Stream or River on Lot
  • Balcony
  • Screened Patio
  • Water Fountains
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Water Treatment System
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 011-507
  • Assessor Parcel Number 27-009-011-507

Community Details

Overview

  • $4,500 Capital Contribution Fee
  • Association fees include alarm system, common area maintenance, exterior building maintenance, insurance, lawn maintenance, parking fee, trash, security gate, all ground fee, custodial services maintenance, lawn care front, lawn care rear, lawn care side, management, reserve funds, road maintenance
  • Waterview Condominium Association
  • Low-Rise Condominium
  • Waterview Place Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Storage Space
  • 1 Elevator

Recreation

  • Fishing Allowed
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,636

Year Built

Built in 2004 | Remodeled in 2024

Lot Details

0

HOA Fees

$1,546 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2004
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Behold "The Riverglass Residence" at 507 Waterview Place; considered the most highly sought after luxury condominium association within Bucks County. Perched high upon the banks of the Delaware River, The Riverglass Residence has been brilliantly refreshed, elevating the bar for affluent riverfront living. The quest for modern sophistication married to exquisite river views and a low maintenance lifestyle have never been in higher demand. This is a third floor unit with access via private elevator. The beauty of The Riverglass Residence is captured upon first glance, where you are greeted with an overwhelming sense of refinement. A wall of windows and a wrap-around rear balcony showcase the most unbelievable panoramic views. The extensive renovations include new hardwood flooring, a new gourmet chef's kitchen boasting top of the line appliances, elaborate custom built-ins inclusive of a Sub Zero wine refrigerator, quartz center island and countertops. The new, luxurious bathrooms, custom California closets in each ensuite bedroom, electronic Hunter Douglas blinds in all rooms, chic lighting fixtures and a redesigned custom inlay for a 75" television complete the visual experience. This unit, with fluidity flowing throughout, has truly been modernized to showcase the very best of interior design, offering a fresh new canvas to start your next chapter. Riverglass is conveniently located within walking distance to the quaint hamlet of New Hope, PA; a town which offers endless leisure, recreation, and entertainment as well as a unique collection of galleries, specialty shops and superb restaurants. A most rare offering, this home presents the perfect opportunity to live within an architecturally superb and elegant domain. Sophisticated, stylish and entirely stunning, The Riverglass Residence welcomes you with open arms and an open heart.
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Oven - Double, Oven - Wall, Range Hood, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Extra Refrigerator/Freezer, Dryer - Front Loading, Cooktop, Energy Efficient Appliances, Microwave, Intercom
  • Entry Floor: 3
  • Flooring Type: Solid Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Combination Dining/Living, Crown Moldings, Intercom, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s), Water Treat System, Whirlpool/Hottub, Wine Storage, Pantry, Primary Bedroom - Bay Front, Butlers Pantry, Carpet, Combination Kitchen/Dining, Flat, Floor Plan - Open, Primary Bath(s), Sprinkler System, Stall Shower, Tub Shower, Window Treatments, Wood Floors, Central Vacuum, Dining Area, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Soaking Tub, Sound System, Upgraded Countertops
  • Window Features: Double Pane, Energy Efficient, Casement, Insulated, Screens, Sliding
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Double Entry, Sliding Glass
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 3962
  • Living Area Sq Ft: 3962
  • Price Per Sq Ft: 757.19
  • Above Grade Finished Sq Ft: 3962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stucco
  • Exterior Features: Awning(s), Bbq Grill, Extensive Hardscape, Exterior Lighting, Gutter System, Lawn Sprinkler, Sidewalks, Water Fountains
  • Spa: No
  • View: River, Scenic Vista, Panoramic, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Delaware
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private, Stone Driveway
  • Garage Features: Garage - Front Entry, Covered Parking, Basement Garage, Additional Storage Area
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 2
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Intercom, Exterior Cameras, Fire Detection System, Main Entrance Lock, Security Gate, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1546.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Gated Community, Reserved/Assigned Parking, Bike Trail, Common Grounds, Jog/Walk Path, Security
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Parking Fee, Trash, Security Gate, All Ground Fee, Custodial Services Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Reserve Funds, Road Maintenance
  • HOA Name: WATERVIEW CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 4500.00

Schools

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

Lot Info

  • Horses: No
  • Land Use Code: 1013
  • Lot Features: No Thru Street, Private, Secluded, Premium
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony, Screened, Wrap Around, Terrace
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AG

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • School Tax: 17346.00
  • Tax Annual Amount: 23636.00
  • Assessor Parcel Number: 27-009-011-507
  • Tax Lot: 011-507
  • Tax Total Finished Sq Ft: 3962
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 15, 2024
Sold by
Mansuri Parvez and Banda Sunitha
Bought by
Petty Mark Eliot
Seller's Agent
Revi Haviv
Addison Wolfe Real Estate
Buyer's Agent
Art Mazzei
Addison Wolfe Real Estate
List Price
$3,000,000
Sold Price
$2,950,000
Premium/Discount to List
-$50,000
-1.67%
Total Days on Market
14
Views
91
Current Estimated Value
$2,848,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,543
Avg. Annual Appreciation
-3.51%

Purchase Details

Listed on
Mar 26, 2022
Closed on
May 16, 2022
Sold by
Manglapane and Vito
Bought by
Mansuri Parvez and Banda Sunitha
Seller's Agent
Revi Haviv
Addison Wolfe Real Estate
Buyer's Agent
Revi Haviv
Addison Wolfe Real Estate
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$647,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2015
Closed on
Jan 15, 2016
Sold by
Frank Vincent Thomas
Bought by
Mangiapane Angela and Mangiapane Vito
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Janice Haveson
Addison Wolfe Real Estate
List Price
$2,000,000
Sold Price
$1,995,000
Premium/Discount to List
-$5,000
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$1,596,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2010
Closed on
Jun 27, 2012
Sold by
Cordisco John F
Bought by
Frank Vincent Thomas
Seller's Agent
Chris Beadling
Quinn & Wilson, Inc.
Buyer's Agent
Art Mazzei
Addison Wolfe Real Estate
List Price
$2,395,000
Sold Price
$1,700,000
Premium/Discount to List
-$695,000
-29.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,190,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Waterview Holding Corp
Bought by
Cordisco John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
6.32%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Deed $2,950,000 Cross Keys Abstract & Assuranc
Deed $2,350,000 Cross Keys Abstract & Assuranc
Deed $1,995,000 None Available
Deed $1,700,000 None Available
Deed $1,312,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $647,000 New Conventional
Previous Owner $1,596,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,190,000 New Conventional
Previous Owner $918,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $2,950,000 -1.7% $745 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $3,000,000 +27.7% $757 / Sq Ft
05/16/2022 05/16/22 Sold $2,350,000 -6.0% $593 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $2,500,000 +25.3% $631 / Sq Ft
01/15/2016 01/15/16 Sold $1,995,000 -0.3% $504 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/22/2015 12/22/15 For Sale $2,000,000 +17.6% $505 / Sq Ft
06/26/2012 06/26/12 Sold $1,700,000 -12.8% $429 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/05/2012 05/05/12 Price Changed $1,950,000 -18.6% $492 / Sq Ft
07/25/2010 07/25/10 For Sale $2,395,000 -- $604 / 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 $24,480 $160,380 $0 $160,380
2023 $23,809 $160,380 $0 $160,380
2022 $23,636 $160,380 $0 $160,380
2021 $23,130 $160,380 $0 $160,380
2020 $22,704 $160,380 $0 $160,380
2019 $22,174 $160,380 $0 $160,380
2018 $21,798 $160,380 $0 $160,380
2017 $20,995 $160,380 $0 $160,380
2016 $20,995 $160,380 $0 $160,380
2015 -- $160,380 $0 $160,380
2014 -- $160,380 $0 $160,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2068672

Bright MLS

APN: 27-009-011-507