Check Availability

6996 Ely Road

6996 Ely Road, New Hope, PA 18938
Property in Solebury
Sold Oct 27, 2020
$625,000
$500,000 by Pnc Bank Na
Mortgage Due Oct 01, 2050
Sold Feb 02, 1978
$105,000
6996 Ely Road has been categorized by the local assessors in New Hope, PA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6996 Ely Road has 2,853 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 48,308 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6996 Ely Road was last sold in Sep 14, 2020 for $625,000. According to our calculations, that's $219.07 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Feb 2, 1978. Current property owners are expected to pay $3,076 in taxes per year. The property on 6996 Ely Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,200. To break that down further, the land itself was valued at $14,760. While improvements to the property were assessed at a total of $46,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 48,308
  • Total Building Area: 2,853
  • Building Area: 2,853
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,853
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BL AUTH PLAN
  • Land Acres: 1.109
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 1.109A LOT #83-3 ALLAN B & BARBARA L BL AUTH PLAN

Ownership

  • Current Owner : YORK MATTHEW P
  • Current Owner 2: YORK ALISON M
  • Previous Owner : MEADOWS BENJAMIN M
  • Previous Owner 2: MEADOWS CAROLYN L
  • Owner Before Previous Owner: WORTHINGTON WILLIAM E INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: New Hope-Solebury School District
  • School Tax School District: NH/SOLEBURY SD
  • Census Tract: 104303

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 41-018
  • District: 41
  • Parcel: 41-018-083-006
  • Block: 18
  • Lot: 83
  • Municipality: SOLEBURY TOWNSHIP
  • Latitude: 40.3882
  • Longitude: -74.9797

    Address

  • Full Address: 6996 Ely Rd
  • Address - House Number: 6996
  • Address - Street Name: Ely
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: New Hope
  • Carrier Code: R001
  • 4-Digit Zip Code: 9634
  • Zip Code: 18938

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,076
  • Tax Rate Code Area: 41

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 902,196
  • High Value: 1,050,046
  • Low Value: 754,345

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $651,064
  • Market Land Value: $157,021
  • Market Improvement Value: $494,043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,200
  • Assessed Land Value: $14,760
  • Assessed Improvements Value: $46,440

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11794909252
  • Current Sale Price: $625,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020077165
  • Previous Sale Recording Date: Feb 02, 1978
  • Previous Sale Contract Date: Feb 02, 1978
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Bucks



Similar Buildings

Property at 6996 Ely Road,

2803 River Road

  • 2 Units for Sale
2803 River Road, New Hope, PA 18938
Property at 6996 Ely Road,

3052 River Road

  • 1 Unit for Sale
3052 River Road, New Hope, PA 18938

Nearby Rentals

Unit for rent at 8a Bridge St, Stockton Boro, NJ, 08559-2103

$3,300 /mo

  • 3 Beds
  • 1.5 Baths
8a Bridge St, Stockton Boro, NJ, 08559-2103 Listing by JAMES MAROLDI

Frequently Asked Questions

What neighborhood is 6996 Ely Road located in?
The 6996 Ely Road is a located in the neighborhood of Solebury in Bucks, New Hope.
What is the average sales price for listings in 6996 Ely Road?
The average sales price for units in 6996 Ely Road is $0 currently.

Quantcast