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$579,900

Beds
3
Baths
2.0
sq ft
1,536

1878 Durham Rd, New Hope, PA 18938

1878 Durham Rd

NEW HOPE, PA 18938

  • 12 days on market
    • Open house Nov 24
This deceivingly-large cape on 6.3 acres will surprise you, not just for its size but also for the flexibility its floorplan affords. The main floor offers a living room, kitchen with breakfast area, a large bedroom, a study and full bath with laundry facilities. The second floor has a loft area, currently used as a family room, two bedrooms, and a full bath. A deck off the back door overlooks a fenced-in area. Although there are many beautiful trees buffering the back of the property, there is ample cleared space for gardening, or a game of volleyball or baseball. A detached oversized two-car garage is a dream come true for an auto enthusiast or a woodworker and is the perfect place for securing your kayak, four-wheeler or tractor. There is so much parking space! Brand new roof! Zoned Village Center; check with the Township for allowable uses. House needs updating, but it is impossible to find a home on this large of a lot in Buckingham at a price this fantastic. Central Bucks Schools.

Details

Property type

Single Family Residence

Est. home value

$578,218

Lot size

6.3 acres

Price per sq ft

$378

Year built

1951

Annual property taxes

$4,892

HOA

No

Price History

11/12/2024
Bright

Bright #PABU2083032

Listed
$579,900
+5.44%
11/08/2023
Bright

Bright #PABU2049778

Sold
$550,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CENTRAL BUCKS

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

$125,055
Asking price
$579,900
Closing costs (~8% of asking)
-$46,392
Est. remaining loan balance
-$408,453
Cash to seller
$125,055

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$412,500

Est. remaining balance

$408,453

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Jose Alvarez Delgado and Armandina Alvarez

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: 11/24/2024 at 11:25 AM

Listing updated: 11/15/2024 at 12:19 PM

Listed by: Amy Herrmann, Keller Williams Real Estate-Doylestown Phone #: (215) 340-5700

MLS: Bright #PABU2083032

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