Currently there are 2 condos for sale in the Society Place section of Newtown Grant under $200,000. Click here to see condos currently for sale in Society Place in Newtown, PA.
3003 Society Place is being offered for $192,900 and is a 2 bedroom 1 bath first floor condo with outdoor patio. According to the listing remarks it offers a newer air conditioner, heater and washer. This is a good deal for a 2 bedroom 1 bath condo in Society Place. The average sales price going back to the beginning of last year is $200,000, and the highest price was $212,500. Here is what the cost to purchase 3003 Society Place would look like under the following scenarios without assuming a reduction in sales price so as not to use a wild assumption and create completely false numbers. However, in todays market there's usually always room for negotiation.
Sales Price: $192,900
Loan & Rate: FHA 5%
Annual Homeowners Insurance $450
Home Inspection Costs: $500
Association Fee: $155 per month
Total Funds Needed To Purchase: $16,000
Monthly Payment: $1,500
To lower your Total Funds Needed To Purchase you could ask for a seller assist. If you asked for a $9,000 seller assist with the offer still netting the sellers their asking price here's what your total funds needed to purchase and your monthly payment would look like.
Total Funds Needed To Purchase: $7,450
Monthly Payment: $1,550
3508 Society Place is being offered for $194,900. This condo in Newtown Grant offers 2 bedrooms and 2 full baths, and is a bank owned property. To learn the difference between shortsales, foreclosures, and REO properties click here. The average sales price for this style condo in Society Place was $210,000 going back to January 1, 2009. The lowest sales price was $206,500 and the highest sales price was $218,000. Here is what the cost to purchase 3508 Society Place would look like under the following scenarios without assuming a reduction in sales price. However, this place does need a good bit of work i.e. new floors, kitchen appliances and cabinets, painting. Based on the amount of work needed I would definitely negotiate the price down. Every $10,000 you can get the seller to come down you knock off about $50 per month on your loan.
Sales Price: $194,900
Loan & Rate: FHA 5%
Annual Homeowners Insurance $450
Home Inspection Costs: $500
Association Fee: $155 per month
Total Funds Needed To Purchase: $16,500
Monthly Payment: $1,535
To lower your Total Funds Needed To Purchase you could ask for a seller assist. If you asked for a $9,000 seller assist with the offer still netting the sellers their asking price here's what your total funds needed to purchase and your monthly payment would look like.
Total Funds Needed To Purchase: $7,900
Monthly Payment: $1,585
To learn more about Society Place and Newtown Grant click on the links. Here you will learn what the association fee covers, what other amenities the neighborhood offers, and more. Also make sure to read the following before buying your new home in Bucks County.
If you'd like to take a look at either of these, or any other homes in Bucks County give me a call #215-860-4067.
10 Questions You Must Ask When Buying Your Home In Bucks County
What To Expect While Searching For Your New Home
To Search for homes for sale in Bucks County: Bucks Condo King
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