$2,350,000
SOLD MAY 16, 2022

507 Waterview Place Unit 507 New Hope, PA 18938

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

Recently Sold

$593 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

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

About This Home

As of July 2024

Rare to market is Waterview's illustrious Unit 507, considered one of the most highly sought after riverfront luxury condominiums within Bucks County. This prestigious, boutique sized community is conveniently located within walking distance to superb restaurants, antique shopping & entertainment venues. The private and exclusive Waterview Place condo has been immaculately maintained and sits elegantly on the banks of the Delaware River. The impressive marble entrance foyer gives you access to the private elevator which opens directly into the entrance hall, where you are greeted with an overwhelming feeling of refinement. Elaborate moldings, rich hardwood floors and superb light lead you into the primary living space which incorporates the living & dining rooms. A spectacular wall of windows provides remarkable river views and a sense of escape from the stresses of everyday life. The effortless flow of the floor plan makes the space perfect for entertaining and achieving a superior sense of interior style. A gourmet chef's kitchen delivers all of the prerequisites for a culinary enthusiast, boasting top of the line appliances, elaborate custom built-ins, an oversized granite center island & wine refrigerator fit for a master sommelier. Soak up the morning sunlight on your riverfront balcony as the soothing sounds of water cascade down shore. With private underground parking and easy access to canal trails, Waterview Place delivers the ultimate triple punch of style, location & breathtakingly beautiful views.
The quest for sophisticated, low maintenance living has never been more appetizing. As the insatiable demand for opulent living in New Hope grows stronger everyday, the lack of premium, riverfront inventory continues to be the issue. Do not miss out on this unique opportunity to live at the most coveted address in town: 507 Waterview Place.

Last Agent to Sell the Property

Revi Haviv

Addison Wolfe Real Estate License #RS355167 Listed on: 03/26/2022

Last Buyer's Agent

Revi Haviv

Addison Wolfe Real Estate License #RS355167 Listed on: 03/26/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,636

Year Built

  • Built in 2004

Lot Details

  • 100 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
  • Built-In Features
  • Bar
  • 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

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
  • Wine Rack

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 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

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Water Treatment System
  • Propane Water Heater
  • Municipal Trash
  • 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

  • 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

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
  • Expected On Market: 2022-03-26
  • Year Built: 2004
  • Automatically Close On Close Date: Yes
  • Remarks Public: Rare to market is Waterview's illustrious Unit 507, considered one of the most highly sought after riverfront luxury condominiums within Bucks County. This prestigious, boutique sized community is conveniently located within walking distance to superb restaurants, antique shopping & entertainment venues. The private and exclusive Waterview Place condo has been immaculately maintained and sits elegantly on the banks of the Delaware River. The impressive marble entrance foyer gives you access to the private elevator which opens directly into the entrance hall, where you are greeted with an overwhelming feeling of refinement. Elaborate moldings, rich hardwood floors and superb light lead you into the primary living space which incorporates the living & dining rooms. A spectacular wall of windows provides remarkable river views and a sense of escape from the stresses of everyday life. The effortless flow of the floor plan makes the space perfect for entertaining and achieving a superior sense of interior style. A gourmet chef's kitchen delivers all of the prerequisites for a culinary enthusiast, boasting top of the line appliances, elaborate custom built-ins, an oversized granite center island & wine refrigerator fit for a master sommelier. Soak up the morning sunlight on your riverfront balcony as the soothing sounds of water cascade down shore. With private underground parking and easy access to canal trails, Waterview Place delivers the ultimate triple punch of style, location & breathtakingly beautiful views. The quest for sophisticated, low maintenance living has never been more appetizing. As the insatiable demand for opulent living in New Hope grows stronger everyday, the lack of premium, riverfront inventory continues to be the issue. Do not miss out on this unique opportunity to live at the most coveted address in town: 507 Waterview Place.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • 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
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Combination Dining/Living, Crown Moldings, Elevator, 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
  • 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: 630.99
  • Above Grade Finished Sq Ft: 3962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Yes
  • Water Body Name: Delaware
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Private, Stone Driveway
  • Garage Features: Garage - Front Entry, Covered Parking, Basement Garage, Additional Storage Area
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage 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
  • Municipal Trash: Yes

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 160380.00
  • 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

  • Assessor Parcel Number: 4542113
  • 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: 05/16/2022

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
12
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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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 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: PABU2022292

Bright MLS

APN: 27-009-011-507