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$2,350,000

Beds
2
Baths
2.5
sq ft
2,406

2468 River Rd, New Hope, PA 18938

2468 River Rd

NEW HOPE, PA 18938

  • 20 days on market
    • Price drop $350,000↓
A rare opportunity to invest in the most sought after real estate in Bucks County- RIVERFRONT NEW HOPE! 2468 River Rd is a charming home located just outside of the historic district, making this opportunity full of endless creativity and architectural vision. Possessing picturesque river views, magical sunrises and an abundance of beautiful scenery in every season, this premium location only comes to market once in a lifetime. Open your front door and stroll right onto the towpath to experience the rich culture of New Hope, voted one of America's best small river towns by multiple publications and resources. With the serenity of nature and its soothing river views, 2468 River Rd is ready to be reimagined and rejuvenated to the next level. This walk-to-town location, with its unusually large rear yard, also offers manicured gardens, a dock for boat access and plenty of space for backyard barbecues and family gatherings. Riverfront real estate in New Hope is one of the smartest investments you can make. Expand your horizons and elevate your lifestyle to incorporate beauty from all vantage points. Dream the future, build the future, live your future! *The architectural renderings included in this listing are by Steven S. Cohen Architect Firm, Princeton, NJ and are "conceptual ideas" only based on the dimensions of the lot.*

Details

Property type

Single Family Residence

Est. home value

$970,915

Lot size

0.37 acres

Price per sq ft

$977

Year built

1825

Annual property taxes

$8,819

HOA

No

Price History

11/11/2024
Bright

Bright #PABU2081960

Price change
$2,350,000
-12.96%
11/05/2024
Bright

Bright #PABU2081960

Listed
$2,700,000
+200%
06/07/2021
Bright

Bright #PABU523482

Sold
$900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

NEW HOPE-SOLEBURY

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

$1,536,822
Asking price
$2,350,000
Closing costs (~8% of asking)
-$188,000
Est. remaining loan balance
-$625,178
Cash to seller
$1,536,822

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

Seller’s Loan History

Lender

Millenium Home Mortgage Llc

Loan start date

May 2021

Original loan amount

$675,000

Est. remaining balance

$625,178

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jeffrey Karlovitch and Jessica Fuller

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 2:00 PM

Listing updated: 11/17/2024 at 4:59 PM

Listed by: Revi M Haviv, Addison Wolfe Real Estate Phone #: (215) 862-5500

MLS: Bright #PABU2081960

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