NOT LISTED FOR SALE

5B Oscar Hammerstein Way Unit 5B New Hope, PA 18938

Estimated Value: $415,000 - $461,000

2 Beds
2 Baths
1,095 Sq Ft
$275/mo HOA Fee

Last Sold July 10, 2015

Last sale price $268,000 $245 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,028/month

98 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Community Pool
  • New Hope-Solebury Upper Elementary School Rated A
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of July 2015

This very desirable condo is located within the prestigious enclave of River Hill within the Village II community. This upper level home is sited on one of the rare parcels whose rear faces a beautiful stand of natural forest. The current owner has totally transformed this unit into a home that reflects both today's style of living and design aesthetic. Very few units which feature two bedrooms and two full baths have entered the marketplace. Beautiful hardwood floors, sensible and stylish kitchen, renovated baths, vaulted ceiling with beams are just a few of the amenities. The Village II community offers swimming activities and tennis courts and is a short stroll to fine dining, galleries and the newly refurbished Bucks County Playhouse. This home is truly the perfect fusion of luxury and low maintenance. It can make either a wonderful full time residence or an exciting weekend retreat. Assn Inc: ComAreaMaint, ExtBldgMaint, SnowRemoval, TrashRemoval, WaterFee, SewerFee, ParkFee, SwimFee, TennisCourt, ClubHouse, AllGroundFee, PlayGround.

Last Agent to Sell the Property

Art Mazzei

Addison Wolfe Real Estate Listed on: 02/26/2015

Last Buyer's Agent

Joe DeLorenzo

RE/MAX of Princeton License #9483422

RE/MAX of Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1972

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,095 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Tax Lot 005-005-001
  • Assessor Parcel Number 27-008-005-005-001

Community Details

Overview

  • Association fees include pool(s)
  • $500 Other One-Time Fees
  • Village Ii Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,975

Year Built

Built in 1972

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: This very desirable condo is located within the prestigious enclave of River Hill within the Village II community. This upper level home is sited on one of the rare parcels whose rear faces a beautiful stand of natural forest. The current owner has totally transformed this unit into a home that reflects both today's style of living and design aesthetic. Very few units which feature two bedrooms and two full baths have entered the marketplace. Beautiful hardwood floors, sensible and stylish kitchen, renovated baths, vaulted ceiling with beams are just a few of the amenities. The Village II community offers swimming activities and tennis courts and is a short stroll to fine dining, galleries and the newly refurbished Bucks County Playhouse. This home is truly the perfect fusion of luxury and low maintenance. It can make either a wonderful full time residence or an exciting weekend retreat. Assn Inc: ComAreaMaint, ExtBldgMaint, SnowRemoval, TrashRemoval, WaterFee, SewerFee, ParkFee, SwimFee, TennisCourt, ClubHouse, AllGroundFee, PlayGround.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1095
  • Living Area Sq Ft: 1095
  • Net Sq Ft: 1095.00
  • Price Per Sq Ft: 248.40
  • Above Grade Finished Sq Ft: 1095
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5B

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes

Fee Information

  • Other Fees: 500.00
  • Other Fees Frequency: One Time

Schools

  • School District: NEW HOPE-SOLEBURY
  • School District Key: 300200397328

Lot Info

  • Improvement Assessed Value: 24000.00
  • Land Use Code: 1013
  • Lot Size Units: Square Feet
  • Zoning: PUD

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 128820
  • Tax Annual Amount: 2975.00
  • Assessor Parcel Number: 27-008-005-005-001
  • Tax Lot: 005-005-001
  • Tax Year: 2015
  • Close Date: 07/10/2015

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jun 29, 2015
Sold by
Palmarini Anthony P
Bought by
Adams Frank
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Joe DeLorenzo
RE/MAX of Princeton
List Price
$289,000
Sold Price
$268,000
Premium/Discount to List
-$21,000
-7.27%
Total Days on Market
98
Current Estimated Value
$437,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,868
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
May 31, 2000
Sold by
Marotta Thomas C and Lutz David W
Bought by
Palmarini Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,511
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1993
Bought by
Marotta Thomas C
Source: Public Records

Similar Home in New Hope, PA

  • 41 Hermitage Dr Unit T11, New Hope, PA 18938

    $343,000

    • 1 Bed
    • 1 Bath
    • 41 Hermitage Dr
    • Unit T11
    • New Hope, PA

    Welcome to 41 Hermitage, a beautifully updated residence nestled in the heart of New Hope. This move-in-ready gem offers contemporary style with all of the ammenties of Bucks County within minutes.Step inside to discover a completely renovated kitchen featuring stainless steel appliances, custom cabinetry, a whole unit water filtration/softener system, and modern lighting—ideal for both

    Ryan Segura Weichert Realtors - Princeton

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Adams Frank $268,000 None Available
Palmarini Anthony P $128,400 --
Marotta Thomas C $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmarini Anthony P $100,000
Previous Owner Palmarini Anthony P $83,500
Previous Owner Palmarini Anthony P $125,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $268,000 -1.5% $245 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/23/2015 04/23/15 Price Changed $272,000 -2.5% $248 / Sq Ft
03/23/2015 03/23/15 Price Changed $279,000 -3.5% $255 / Sq Ft
02/26/2015 02/26/15 For Sale $289,000 -- $264 / 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 $3,663 $24,000 $0 $24,000
2023 $3,563 $24,000 $0 $24,000
2022 $3,537 $24,000 $0 $24,000
2021 $3,461 $24,000 $0 $24,000
2020 $3,397 $24,000 $0 $24,000
2019 $3,318 $24,000 $0 $24,000
2018 $3,262 $24,000 $0 $24,000
2017 $3,142 $24,000 $0 $24,000
2016 $3,142 $24,000 $0 $24,000
2015 -- $24,000 $0 $24,000
2014 -- $24,000 $0 $24,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002543076

Bright MLS

APN: 27-008-005-005-001