6 months on rocket

38 W Ferry St, New Hope, PA, 18938

$699,500

Home List Price

$8,307*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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38 W Ferry St, New Hope$699,500

Buyer Closing Credits

$8,307*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOn Street
Year Built1827
HeatingHot Water
CoolingWall Unit(s)
BasementYes
MLS #PABU2058806
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 38 W Ferry St

Sited on a quiet street in the middle of New Hope Borough is this wonderful antique residence. The property allows for a mixed use and is currently a "high-end" drapes and custom pillows showroom. The owner lives above in a one bedroom apartment. This building can be converted into two apartments or can meet the needs of a shop keeper who wants to walk downstairs to their place of business. This home is a two minute walk to all New Hope has to offer...theater, restaurants, galleries. There are fewer and fewer home of this vintage coming on the market...here is an opportunity to buy a piece of "OLD NEW HOPE" while securing a part of the future of New Hope. Special Note: The current tenant has a lease that is in effect until April 30th, 2024. A new lease has been signed at that lease will run from May 1, 2024 through April 30, 2025. The current rent is $2,725 and the new rent will be $3,125 for an increase of $400/mo /$4,800/yr. 24 hours notice absolutely required.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Trinity, Unit/Flat
  • Year Built: 1827

Listing Office:

  • Office Name: Addison Wolfe Real Estate
  • Office Phone: (215) 862-5500
  • Listing Agent: Arthur Mazzei

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • New Hope-Solebury High School, Public District Grades 9-12
  • New Hope-Solebury Middle School, Public District Grades 6-8
  • Upper Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Take River Road North into Main Stret in New Hope. To Left on Ferry Street. Property will be on the Right hand side.

Municipality:

  • New Hope Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,500

Tax Information:

  • Annual Amount: $3,231
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Hope, PA.

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New Hope, PA

City

Med. Sold Price

$840K

Med. Price/SqFt

$314

Avg. Days On Market

33

# of Sold Homes

13

38 W Ferry St vs New Hope

204 DAYS ON ROCKET

+171 Days

$699,500

-$140.5K Less

KEY TAKEAWAY

This property is $140.5K less than the Median Sold Price in New Hope, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABU2058806

Listing Office:

  • Office Name: Addison Wolfe Real Estate
  • Office Phone: (215) 862-5500
  • Listing Agent: Arthur Mazzei

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 19, 2018Home Sold
$275,000
Jul 15, 2004Home Sold
$371,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,231$22,400
2020$3,170$22,400
2019$3,097$22,400
2018$3,045$22,400
2017$2,932$22,400

History based on county public records data.

Payment Calculator

$3,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,164

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3651659
7
/10

  • Upper Elementary School

  • 186 W Bridge St

  • 0.43 miles

  • Public District Grades 3-5

Middle School

school-card-donut-3651660
7
/10

  • New Hope-Solebury Middle School

  • 184 W Bridge St

  • 0.38 miles

  • Public District Grades 6-8

High School

school-card-donut-3651661
10
/10

  • New Hope-Solebury High School

  • 182 W Bridge St

  • 0.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,909. The most common annual income of people living in New Hope, PA is between $100k-200k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38 W Ferry St

What is the listing price of this property?

The listing price of 38 W Ferry St property is $699,500.

What type of property is this?

The property 38 W Ferry St is a house located in New Hope, Pennsylvania, 18938.

Is this property for sale now?

Active Listing: 38 W Ferry St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 38 W Ferry St are:
Upper Elementary School: GreatSchools Rating 7/10
New Hope-Solebury Middle School: GreatSchools Rating 7/10
New Hope-Solebury High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,231 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 19, 2018 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38 W Ferry St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 38 W Ferry St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 38 W Ferry St is 1827.

Rocket Homes›Pennsylvania›Bucks County›New Hope›18938›38 W Ferry St

This home is located at 38 W Ferry St in New Hope, PA and zip code 18938. This home, which was built in 1827, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2023 and is currently priced at $699,500.

In March 2024 more than 2 listings in New Hope, PA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 11 were sold below. In March 2024 in New Hope, PA there were 13.5% more homes for sale than in February 2024. In March 2024 median list price was $840,000 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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