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$625,000

Beds
3
Baths
1.5
sq ft
1,992

1055 River Rd, Upper Black Eddy, PA 18972

1055 River Rd

UPPER BLACK EDDY, PA 18972

  • 107 days on market
Discover the charm of this lovingly-maintained farmhouse, originally built in 1845, offering a perfect blend of historic details and modern amenities. Set on just under half an acre, this property has views of the Delaware River, as well as expansive vistas of neighboring preserved pastures and farmland and the palisades beyond. Inside, you'll be welcomed by high ceilings and original hardwood floors that have been beautifully refinished. The large, renovated eat-in kitchen flows into an adjoining sunroom, while a walk-in pantry and powder room add convenience. The formal dining room, cozy living room, and sunny family room with cathedral ceilings, skylights, and glass doors leading to a small deck provide ample space for relaxation and entertaining. The second floor features a spacious principal bedroom, a full bath, and two additional bedrooms (one currently used as an office) -- each offering lovely views. The home also includes a full attic and a clean basement for additional storage. Recent updates include a renovated kitchen with a newer gas range and dishwasher, fresh paint, and a newer hot water heater. Additional features include a generator hookup, a gravel driveway and parking area, and numerous original fixtures such as hardwood doors and built-in cupboards. The two-level barn, equipped with heating, water, and electricity, offers space for one car, additional storage and serves as an ideal space for an office, workshop, or studio. The backyard gets the added benefit of backing up to preserved lands expanding your sense of space. With 106 feet of river frontage with full riparian rights, enjoy all that the river has to offer. A short walk to the Delaware Canal path where you’ll have easy access for hiking, biking, cross-country skiing and more. Also nearby is the bridge to Frenchtown, where you can explore shopping, great restaurants, art galleries and more. Commuting is convenient with NYC and Philadelphia just 1 hour and 15 minutes away, and Princeton only 45 minutes.

Details

Property type

Single Family Residence

Est. home value

$600,630

Lot size

0.39 acres

Price per sq ft

$314

Year built

1845

Annual property taxes

$4,732

HOA

No

Price History

09/24/2024
Bright

Bright #PABU2075538

Listed
$625,000
09/12/2024
Bright

Bright #PABU2075538

Pending
$625,000
07/19/2024
Bright

Bright #PABU2075538

Listed
$625,000
+8.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

PALISADES

School district: 

PALISADES

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$320,584
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$254,416
Cash to seller
$320,584

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2022

Original loan amount

$287,500

Est. remaining balance

$254,416

Interest rate

4.48%

Loan type

New Conventional, 15 year

Seller

William L Engel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/03/2024 at 9:10 AM

Listing updated: 09/24/2024 at 12:56 PM

Listed by: Lary Brandt, Compass RE Phone #: (215) 348-4848

MLS: Bright #PABU2075538

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