1425-27 River Road

Closed 12/29/14
Closed 12/29/14
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Sold
Last Sold Price
$380,000
5 beds2 baths1,895 sqft

1425-27 River Rd, New Hope, PA 18938

Multi FamilyProperty Type
0.50 acresLot Size
1930Year Built
$201/sq ftPrice per sq ft
10 carsParking Spaces

Description

Great investment opportunity with a 10% annual return. Beautiful two-family home on one half acre in scenic Upper Makefield Township; benefiting from Sol Feinstone Elementary in Council Rock Schools, with low property taxes under $3,400 per year. Rent both units as an investment property or live on one level and rent out the other, saving all or most of your mortgage payment. Or, live on both levels if your family is expanding or you have Mom and/or Dad with you. Surrounded on 3 sides by protected...Great investment opportunity with a 10% annual return. Beautiful two-family home on one half acre in scenic Upper Makefield Township; benefiting from Sol Feinstone Elementary in Council Rock Schools, with low property taxes under $3,400 per year. Rent both units as an investment property or live on one level and rent out the other, saving all or most of your mortgage payment. Or, live on both levels if your family is expanding or you have Mom and/or Dad with you. Surrounded on 3 sides by protected open space and forest; this home links in a short walk to Brownsburg Park without ever crossing a street. In the home you will find it completely renovated; from the roof & gutters, exterior paint, replacement windows, kitchen, both bathrooms, newly refinished hardwood floors, freshly painted throughout and more all within the past 6 years. The remodeled main-level kitchen includes; new neutral Formica counters, Kenmore dishwasher(2014), dual-fuel Jenn-Air gas/electric range, ceramic tile back-splash, newer sink/faucet including the sink and kitchen fridge receiving reverse osmosis filtered water. A recently completed energy audit now saves dramatically on utility bills. The main level is comprised of 3 bedrooms, 1 bath, living room, kitchen and breakfast room, along with a full storage basement, laundry and playroom. The second level is a complete 2 bedroom one bath apartment, with full kitchen, laundry and separate outside and inside staircase entrances. Rent it or live in the whole home ? it's up to you. A two-car detached garage with electric, a large lawn shed and a whole house generator transfer panel complete this unique and magical property. 10 minutes to Newtown, New Hope Borough, the 202 bridge, I95, and 5 minutes to historic Washington Crossing PA & NJ. Owner is a licensed PA Real Estate Agent.
  • Listed by: Martha J Lombardo 267.446.2782 martylombardo@gmail.com • Long & Foster Real Estate, Inc.
Listing closed: 12/29/2014 12:00 AM • Source: BRIGHT, MLS#: 1003120062
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Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By J Carroll Molloy

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Property Information for 1425-27 River Road

Property Details

  • Taxes: $3,317 / year
  • MLS Type: Multi-Family / Fee Simple
  • County: Bucks County
  • Tax ID Number: 47-007-045
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Detached
  • Style: Other
  • Waterfront: No
  • Garage: Yes
  • Subdivision: EST AT WASHINGTON CR
  • Subdivision: EST AT WASHINGTON CR (BUCKS PA)
  • Cross Street: BROWNSBURG RD
  • Municipality: UPPER MAKEFIELD TWP
  • Total Parking Spaces: 6
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 1,895.00
  • Above Grade Fin SQFT Source: Estimated
  • New Construction: No
  • Construction Completed: No
  • Property Condition: Good

Building Information

  • Year Built: 1930
  • Lot Size: 0.50 AC / 21,735 SF

Location

Location
  • School District Name: COUNCIL ROCK
  • School District County ID: 300200397420
  • Elementary School: SOL FEINSTONE (BUCKS PA)
  • Middle Or Junior School: NEWTOWN (BUCKS PA)
  • High School: COUNCIL ROCK HIGH SCHOOL NORTH (BUCKS PA)
  • County: BUCKS
  • MLS Area: Upper Makefield Twp (10147)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2014
  • Tax Assessed Value: $22,000
  • Improvement Assessed Value: $14,200
  • Land Assessed Value: $7,800
  • Land Use Code: 1001
  • Zoning: CM
  • Tax Lot: 045

Lease Information

Lease Information
  • Concessions: No

Unit Information

Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2

Rooms

Rooms
  • Room List: Primary Bedroom

Multi Family

Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1

Financial Information

Expenses
  • Insurance Expense: $1,250
  • Maintenance Expense: $3,100
  • Other Expense: $3,863
  • Annual Gross Expense: $11,530
Financial Information
  • Gross Income: $38,640
  • Income Includes: Parking

Building Info

Building Info
  • Total Finished SQFT: 1,895.00
  • Total SQFT: 1,895.00

Lot / Land Information

Lot / Land Information
  • Lot Size Dimensions: 105X207
  • Sign On Property: Yes
  • Parcel ID: 184945

Parking

Parking
  • Type Of Parking: Driveway, Detached Garage
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Total Non-Garage Parking Spaces: 4

Interior Features

Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: No

Exterior Features

Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade

Utilities

Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Heating Type: Oil, Hot Water, Baseboard, Zoned
  • Heating Fuel: Oil
  • Hot Water: S/W Changeover
  • Water Source: Well
  • Sewer Septic: On Site Septic

Property History for 1425-27 River Road

DateEvent & SourcePriceAppreciation
Dec 29, 2014

Closed

BRIGHT #1003120062

$380,000—
Oct 30, 2014

Pending

BRIGHT #1003120062

—
Sep 30, 2014

Listed (Active)

BRIGHT #1003120062

$397,500—
DateEvent & SourcePrice
12/29/2014

Closed

BRIGHT #1003120062

$380,000
10/30/2014

Pending

BRIGHT #1003120062

—
09/30/2014

Listed (Active)

BRIGHT #1003120062

$397,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1425-27 River Road

This home is within Council Rock School District.
Rating
School
Type
Grades
Distance
Sol Feinstone El School
Public - K to 6
Newtown Middle School
Public - 7 to 8
Council Rock High School North
Public - 9 to 12
The Titusville Academy
Private - 3 to 12
Rating
School
Distance
Sol Feinstone El School
PublicK to 6

Newtown Middle School
Public7 to 8

Council Rock High School North
Public9 to 12

The Titusville Academy
Private3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Long & Foster Real Estate, Inc.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.