$1,700,000
SOLD JUN 26, 2012

507 Waterview Place Unit 507 New Hope, PA 18938

3 Beds
3.5 Baths
3,962 Sq Ft
$790/mo HOA Fee

Recently Sold

$429 Per Sq Ft

29% Below List Price

680 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Built-In Double Oven
  • New Hope-Solebury Upper Elementary School Rated A
  • 2 Fireplaces
  • Eat-In Kitchen

About This Home

As of July 2024

This six-year old luxury condo is part of a special enclave perched along the banks of the River just south of New Hope. Set at the apex of a semicircular arc, one can enjoy some of the best views up and town river from the third floor terrace. A private elevator takes one from the covered parking area to the foyer, and then through double doors to a wide open and inviting living room, the focal point of which is the wall of windows and French doors to the terrace. In the kitchen bold cherry cabinetry with elaborate detail frame professional appliances while a granite island offers ample food prep space. Adjacent to a large dining room, this kitchen area is ideal for riverside entertaining. The main bedroom suite looks through a large picture window over the water, while two additional bedroom suites are at the other end of the residence. Consider it like having a riverfront estate - but without all the lawn care and hassles!

Last Agent to Sell the Property

Chris Beadling

Quinn & Wilson, Inc. License #RM424744 Listed on: 07/25/2010

Last Buyer's Agent

Art Mazzei

Addison Wolfe Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,575

Year Built

  • Built in 2004

HOA Fees

  • $790 Monthly HOA Fees

Interior Spaces

  • 3,962 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Parking

  • 2 Parking Spaces
  • Shared Driveway
  • Parking Lot

Schools

  • New Hope-Solebury Middle School
  • New Hope-Solebury High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Treatment System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Mobility Improvements
  • Property is in good condition

Community Details

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, parking fee, insurance, management, alarm system
  • Waterview Subdivision

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,575

Year Built

Built in 2004

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Accessibility Features: Mobility Improvements
  • Ownership: Condominium
  • Exclusions: Negotiable
  • Inclusions: Negotiable
  • New Construction: No
  • Year Built: 2004
  • Remarks Public: This six-year old luxury condo is part of a special enclave perched along the banks of the River just south of New Hope. Set at the apex of a semicircular arc, one can enjoy some of the best views up and town river from the third floor terrace. A private elevator takes one from the covered parking area to the foyer, and then through double doors to a wide open and inviting living room, the focal point of which is the wall of windows and French doors to the terrace. In the kitchen bold cherry cabinetry with elaborate detail frame professional appliances while a granite island offers ample food prep space. Adjacent to a large dining room, this kitchen area is ideal for riverside entertaining. The main bedroom suite looks through a large picture window over the water, while two additional bedroom suites are at the other end of the residence. Consider it like having a riverfront estate - but without all the lawn care and hassles!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Water Treat System, Elevator, Wet/Dry Bar, Intercom, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3962
  • Living Area Sq Ft: 3962
  • Net Sq Ft: 3962.00
  • Price Per Sq Ft: 492.18
  • Above Grade Finished Sq Ft: 3962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 790.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Parking Fee, Insurance, Management, Alarm System
  • HOA: No

Schools

  • School District: NEW HOPE-SOLEBURY
  • Middle School: NEW HOPE-SOLEBURY
  • High School: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • High School: NEW HOPE-SOLEBURY
  • Middle Or Junior School: NEW HOPE-SOLEBURY

Lot Info

  • Improvement Assessed Value: 160380.00
  • Land Use Code: 1013
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: AG

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4542113
  • Tax Annual Amount: 18575.00
  • Assessor Parcel Number: 27-009-011-507
  • Tax Lot: 011-507
  • Tax Year: 2010
  • Close Date: 06/26/2012

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%
Views
91
Current Estimated Value
$2,949,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$870
Avg. Annual Appreciation
-0.03%

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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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 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: 1002373257

Bright MLS

APN: 27-009-011-507