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Backup Offers

7059 Ely Rd, New Hope, PA, 18938

$825,000

Home List Price

$9,797*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,260 SqFt
$655/SqFt
House
Schools Nearby

Location

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7059 Ely Rd, New Hope$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOversized, Paved Driveway, Driveway, Detached Garage
Garage2 spaces
Year Built1850
HeatingForced Air, Radiant
CoolingCentral Air
FireplaceStone
MLS #PABU2069634
Lot Size1.74 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 7059 Ely Rd

Perched on a wooded hillside just outside New Hope in desirable Solebury, this charming collection of three buildings creates a unique compound that offers a world of opportunities for weekenders or year ‘round living. The complex is set in a clearing surrounded by mature trees and greenery crisscrossed by lovely paths, edged by a stream and graced with wildflowers. The primary building is a two-story home. The main level features a large, gracious and light-filled living space with outdoor access to patios, decks and gardens. The updated cook’s kitchen has an over-sized island with granite countertops, a Wolfe range, generous cabinets and open shelves. Opposite is a long granite counter and a large window looking out to the garden and green lower hillside. It is framed by cabinets and an appliance garage. The kitchen opens to spacious dining and living areas. There are gleaming hardwood floors with radiant heat throughout the living, dining and kitchen areas. Windows on all four sides of this open and airy space add lots of natural light to the appealing contemporary design. Upstairs is the bedroom which features a wall of windows that let the light stream in, and a beautiful tiled bathroom with an over-sized shower. The laundry, storage and utility spaces are also on the second floor. The second building is an enchanting historic gem. The beautifully pointed stone exterior is punctuated with a heavy wood double door with leaded glass windows and French doors leading to a Juliet balcony. It is topped with a whimsical cupola. Inside, stone walls, wood floors, old beams and a decorative stone fireplace create an inviting and timeless space for entertaining, creating or relaxing. A spiral staircase leads to a loft. Down a winding staircase is a small room currently used for guests, and a full bathroom. Outside the cottage is a brick terrace with ample room for dining, sitting by a firepit or soaking up the sun. This patio sits between the main house and the cottage creating an inviting continuity between the two buildings. The third building on this unique 1.7 acre property is an over-sized two-car garage with an expansive studio above. One of the gable ends of the studio is made of glass block allowing for wonderful natural light. There is extensive storage in the eves of the studio. This magical place is located just 3 miles to the center of historic New Hope with all its shops, restaurants, bars and entertainment venues; 1.5 miles to the charming river front town of Stockton, NJ; 70 miles to the Holland Tunnel and 44 miles to Philadelphia.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Farmhouse/National Folk
  • Year Built: 1850
  • Stories: 2
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-New Hope
  • Office Phone: (215) 862-3385
  • Listing Agent: Daria Bowman

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood, Fully Carpeted
  • Interior: Primary Bath(s), Kitchen - Island, Breakfast Area
  • Fireplace: Stone

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Oversized, Paved Driveway, Driveway, Detached Garage

Lot Features

Lot Information:

  • Lot: Wooded, Private, Rural Area, Side Yard(s), Sloped
  • Lot Size: 1.74 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Central Air

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: From New Hope, north on River Road to left on to Ely Road to driveway on right.

Municipality:

  • Solebury Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $655/SqFt

Tax Information:

  • Annual Amount: $7,468
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$850K

Med. Price/SqFt

$323

Avg. Days On Market

20

# of Sold Homes

13

7059 Ely Rd vs New Hope

17 DAYS ON ROCKET

-3 Days

$825,000

-$25K Less

$655/SqFt

+$331 More

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $331/SqFt more than other homes in New Hope, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABU2069634

Listing Office:

  • Office Name: BHHS Fox & Roach-New Hope
  • Office Phone: (215) 862-3385
  • Listing Agent: Daria Bowman

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: 5/21/2024, 12:20:41 PM 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 21, 2014Home Sold
$468,000
Sep 10, 2002Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,468$48,100
2020$7,292$48,100
2019$7,133$48,100
2018$6,975$48,100
2017$6,353$45,560

History based on county public records data.

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$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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-5118068
6
/10
  • Upper Elementary School

  • 186 W Bridge St

  • 1.92 miles

  • Public District Grades 3-5

Middle School

school-card-donut-5118069
7
/10
  • New Hope-Solebury Middle School

  • 184 W Bridge St

  • 2.09 miles

  • Public District Grades 6-8

High School

school-card-donut-5118070
8
/10
  • New Hope-Solebury High School

  • 182 W Bridge St

  • 2.09 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,052. Most New Hope, PA residents have annual incomes $200k+. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7059 Ely Rd

What is the listing price of this property?

The listing price of 7059 Ely Rd property is $825,000.

What type of property is this?

The property 7059 Ely Rd is a house located in New Hope, Pennsylvania, 18938.

Is this property for sale now?

Accepting Backup Offers: 7059 Ely Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7059 Ely Rd are:
Upper Elementary School: GreatSchools Rating 6/10
New Hope-Solebury Middle School: GreatSchools Rating 7/10
New Hope-Solebury High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,468 (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 21, 2014 for $468,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7059 Ely Rd has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7059 Ely Rd is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7059 Ely Rd is 1850.

Rocket HomesPennsylvaniaBucks CountyNew Hope189387059 Ely Rd

This home is located at 7059 Ely Rd in New Hope, PA and zip code 18938. This 1,260 square foot home, which was built in 1850, sits on a 1.74 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $825,000.

Over 3 listings were sold over their listed price in April 2024 in New Hope, PA. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. In April 2024 in New Hope, PA there were 17.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 20 days, the median list price was $850,000.

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

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