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51 Parchment Dr

New Hope, PA 18938

3 bd 3 ba 1,980 sqft Built 1980 condos
Most recent sale
$560,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $600,000 BrightMLS
Jul 20, 2023 Listed for rent $4,000 BrightMLS
Oct 28, 2022 Sold $560,000 MLS #PABU2033304
Aug 8, 2022 Listed $549,000 MLS #PABU2033304
Feb 8, 2012 Listing removed $450,000 BrightMLS
Jun 29, 2007 Sold $438,000 MLS #4904623
Mar 21, 2007 Listed $438,000 MLS #4904623
Jul 5, 2006 Listed $450,000 MLS #4765349
Apr 3, 1996 Sold $212,000 Public Record
May 23, 1994 Sold $219,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2017 $35,440 $35,440 $4,942
2016 $35,440 $35,440 $4,790
2015 $35,440 $35,440 $4,731
2014 $35,440 $35,440 $4,569
2013 $35,440 $35,440 $4,518
2012 $35,440 $35,440 $4,518
2011 $35,440 $35,440 $4,405
2010 $35,440 $35,440 $30,437
2009 $35,440 $35,440 $4,160

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,980 sqft
Lot size
ZIP code
18938
City
New Hope
Street
Parchment Dr
Coordinates
40.35767, -74.98508

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,970
Gross rental yield
6.36%
Implied cap rate
4.14%
Trend-extrapolated value

Frequently asked questions

When did 51 Parchment Dr last sell?
51 Parchment Dr most recently sold on Oct 28, 2022 for $560,000.
What is the current tax assessment for 51 Parchment Dr?
The most recent total assessment for 51 Parchment Dr (year 2017) is $35,440 with $4,942 in property tax.
How does 51 Parchment Dr's assessment compare to its last sale price?
The current assessment is 93.7% below the last sale price of $560,000.
When was 51 Parchment Dr built?
51 Parchment Dr was built in 1980.
How does 51 Parchment Dr compare to others on Parchment Dr?
We track 8 other properties on Parchment Dr. Browse the list under "Other properties on Parchment Dr" to compare beds, baths, and sale history.
What are the property facts for 51 Parchment Dr?
51 Parchment Dr is a 3 bed, 3 bath, 1,980 sqft condos.
Is 51 Parchment Dr a flip candidate?
No — 51 Parchment Dr does not appear in our flips dataset.
Is 51 Parchment Dr a tax-appeal candidate?
No — 51 Parchment Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$2.21M
2026 Q4
$2.21M
ZIP 18938 — Median Price History + Forecast

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