$1,050,000
SOLD JAN 18, 2024

6958 Ely Rd New Hope, PA 18938

2 Beds
1.5 Baths
1,280 Sq Ft
5.61 Acres

Recently Sold

$820 Per Sq Ft

6% Above List Price

8 Days on Market

Highlights

  • View of Trees or Woods
  • 5.61 Acre Lot
  • Wooded Lot
  • New Hope-Solebury Upper Elementary School Rated A
  • Secluded Lot
  • 1 Fireplace

About This Home

As of January 2024

Perched on the outskirts of the charming town of New Hope, this property offers the perfect balance between seclusion and convenience. Just minutes away from the bustling borough, you'll enjoy the privilege of escaping to your private retreat without sacrificing accessibility to urban amenities.
Nestled in the heart of almost 6 acres, the cottage stands as a testament to the transformative power of artistic vision. What was once a modest and weathered structure has been transformed through meticulous renovation by two international artists, weaving together their creativity and passion to breathe new life into this picturesque retreat. The enchanting 2-bedroom cottage, accompanied by a separate studio, creates a unique and versatile living space that seamlessly blends classic charm with modern convenience. As you approach the property via a long private driveway, a picturesque landscape welcomes you, adorned with lush greenery and mature trees. Step inside, and you'll be greeted by a cozy living room, bathed in natural light streaming through carefully placed windows. The hardwood floors add a touch of rustic elegance, creating a warm ambiance that invites you to unwind and relax. The fireplace becomes the focal point, providing not just warmth but also a sense of nostalgia. The kitchen, the heart of any home, is a delightful mix of functionality and style. Modern appliances, including a Bertazzoni range, seamlessly integrate with vintage-inspired details, offering a space where culinary creativity flourishes. Adjacent to the kitchen is a charming dining area, perfect for intimate gatherings and shared meals. An adorable powder room with pocket door completes the main level.
Upstairs the two bedrooms are retreats of comfort, each thoughtfully designed to provide a peaceful haven. Natural light floods through the windows, creating a serene atmosphere, while ample closet space and a spacious hall bath ensures that practicality meets aesthetics. As you step outside, a private garden oasis awaits, offering a tranquil escape from the hustle and bustle of everyday life. A patio area provides an ideal spot for al fresco dining or simply enjoying the beauty of the surroundings. The meticulously landscaped grounds create a sense of seclusion, making it easy to forget that you're just moments away from the conveniences of city life. The real gem of this property lies in its separate studio, a versatile space that sparks the imagination. Whether utilized as a private office, an art studio, or a guest retreat, this standalone structure offers endless possibilities. It’s an independent sanctuary within the enchanting confines of the property. If you are up for more than a leisurely stroll of your land, the nearby tow path offers opportunities for an invigorating walk or bike ride, and local artisanal shops and cafes provide a taste of the town's unique charm. Overall, this property appears to offer a perfect blend of natural beauty, artistic vision, and practical living spaces, making it an inviting and unique retreat for those seeking a balance between seclusion and community living.

Last Agent to Sell the Property

Laurie Madaus

(203) 948-5157 laurie.madaus@gmail.com Kurfiss Sotheby's International Realty Listed on: 11/14/2023

Co-Listed By

Jacqueline Evans

(917) 816-3104 jacqueline.evans@kurfiss.com Kurfiss Sotheby's International Realty License #RS371930

Last Buyer's Agent

Laurie Madaus

(203) 948-5157 laurie.madaus@gmail.com Kurfiss Sotheby's International Realty Listed on: 11/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,760

Year Built

  • Built in 1946 | Remodeled in 2012

Lot Details

  • 5.61 Acre Lot
  • Landscaped
  • Secluded Lot
  • Cleared Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is zoned R1

Property Views

  • Woods
  • Garden

Home Design

  • Cottage
  • Block Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Built-In Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-in Shower

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 10 Parking Spaces
  • 10 Driveway Spaces
  • Stone Driveway

Outdoor Features

  • Patio
  • Terrace
  • Office or Studio

Utilities

  • Central Air
  • Heat Pump System
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 082
  • Assessor Parcel Number 41-018-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,760

Year Built

Built in 1946 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Range, Refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1946
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Range Hood, Refrigerator, Dishwasher, Washer - Front Loading, Dryer - Front Loading
  • Interior Amenities: Stall Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Basement
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1280
  • Price Per Sq Ft: 777.34
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Sq Ft: 640
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6958

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio
  • Construction Materials: Stucco
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1001
  • Lot Features: Trees/Wooded, Cleared, Front Yard, Landscaping, Rear Yard, Sideyard(s), Secluded
  • Lot Size Acres: 5.61
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 244372.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Year Assessed: 2023
  • Zoning: R1

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • School Tax: 5348.00
  • Tax Annual Amount: 7760.00
  • Assessor Parcel Number: 41-018-082
  • Tax Lot: 082
  • Tax Total Finished Sq Ft: 1056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/18/2024

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Jan 18, 2024
Sold by
Poorsoltan Hodi and Poorsoltan Michael
Bought by
Fornecker Christina
Seller's Agent
Laurie Madaus
Kurfiss Sotheby's International Realty
Buyer's Agent
Laurie Madaus
Kurfiss Sotheby's International Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
270
Current Estimated Value
$967,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,123
Avg. Annual Appreciation
-4.22%

Purchase Details

Listed on
Jul 8, 2011
Closed on
Jan 27, 2012
Sold by
Becker Jennifer C and Ely David P
Bought by
Poorsoltan Hodi and Hooker Michael
Seller's Agent
Marty Lombardo
Keller Williams Real Estate - Newtown
Buyer's Agent
Art Mazzei
Addison Wolfe Real Estate
List Price
$350,000
Sold Price
$274,850
Premium/Discount to List
-$75,150
-21.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%

Purchase Details

Closed on
Oct 25, 1946
Bought by
Ely Anne
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,050,000 None Listed On Document
Deed $274,850 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $439,027 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $1,050,000 +5.5% $820 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $995,000 +262.0% $777 / Sq Ft
02/03/2012 02/03/12 Sold $274,850 -15.4% $260 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/02/2011 12/02/11 Price Changed $325,000 -7.1% $308 / Sq Ft
07/08/2011 07/08/11 For Sale $350,000 -- $331 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,857 $48,000 $34,560 $13,440
2024 $7,857 $48,000 $34,560 $13,440
2023 $7,656 $48,000 $34,560 $13,440
2022 $7,604 $48,000 $34,560 $13,440
2021 $7,453 $48,000 $34,560 $13,440
2020 $7,277 $48,000 $34,560 $13,440
2019 $7,118 $48,000 $34,560 $13,440
2018 $6,960 $48,000 $34,560 $13,440
2017 $6,694 $48,000 $34,560 $13,440
2016 $6,694 $48,000 $34,560 $13,440
2015 -- $48,000 $34,560 $13,440
2014 -- $48,000 $34,560 $13,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2060952

Bright MLS

APN: 41-018-082