NOT LISTED FOR SALE

80 W Ferry St New Hope, PA 18938

Estimated Value: $1,250,000

4 Beds
2.5 Baths
3,221 Sq Ft
$388/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $1,000,000 $310 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,316/month

Highlights

  • 24-Hour Security
  • Colonial Architecture
  • Wood Flooring
  • New Hope-Solebury Upper Elementary School Rated A
  • Premium Lot
  • Attic

About This Home

As of October 2021

The lineage of the George Ely house begins its journey in 1795 when George Ely purchased the home from Oliver Paxson...Two important events in the history of New Hope. This home has been restored and renovated by various owners and the current stewards have brought it back to its original zoning of a single home residence. The current owners have maintained the property to a pristine state and have kept the home on a stellar level.

The George Ely house is approximately 3200 square feet (quite spacious for an in-town home)
with 4 bedrooms and 2.5 baths. There are two large public rooms… One with a slate floor and decorative fireplace. This room is the equivalent of today’s “Great Room.” The other room, adjacent to the “Great Room,” offers pine flooring and is ideal for a large family dining room with no need for the obligatory holiday “children’s table” due to lack of space.

The open kitchen looks out on what can be a formal living room or T.V. room. The first floor level boasts tremendous flexibility that is only limited by your own imagination. The second and third levels contain 4 bedrooms and 2 full baths.

The George Ely House is the Currier and Ives home located in a quaint River Hamlet, that you have been searching for. Walk to restaurants, the theater, galleries, gift shops and the River, all within 5 minutes. Yet, only 40 minutes to Princeton; 55 minutes to Philadelphia; and 90 minutes to New York City. This pedigreed home is the one worth a second look. Note: The property has extremely low taxes and is part of the prestigious New Hope-Solebury School District!!!

* A special “Thank You” to Roy Ziegler for his historical information. Also Note: The first floor of this property is virtually staged.

Last Agent to Sell the Property

Art Mazzei

Addison Wolfe Real Estate Listed on: 08/09/2021

Last Buyer's Agent

Kevin Weingarten

RE/MAX Centre Realtors License #RS319429

RE/MAX Centre Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,442

Year Built

  • Built in 1810

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 70x83
  • Premium Lot
  • Level Lot
  • Side Yard
  • Property is zoned RB

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Slate Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 3,221 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Monitored
  • Motion Detectors

Outdoor Features

  • Patio

Schools

  • New Hope-Solebury High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association
  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 27-006-121

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,442

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1810
  • Automatically Close On Close Date: No
  • Remarks Public: The lineage of the George Ely house begins its journey in 1795 when George Ely purchased the home from Oliver Paxson...Two important events in the history of New Hope. This home has been restored and renovated by various owners and the current stewards have brought it back to its original zoning of a single home residence. The current owners have maintained the property to a pristine state and have kept the home on a stellar level. The George Ely house is approximately 3200 square feet (quite spacious for an in-town home) with 4 bedrooms and 2.5 baths. There are two large public rooms… One with a slate floor and decorative fireplace. This room is the equivalent of today’s “Great Room.” The other room, adjacent to the “Great Room,” offers pine flooring and is ideal for a large family dining room with no need for the obligatory holiday “children’s table” due to lack of space. The open kitchen looks out on what can be a formal living room or T.V. room. The first floor level boasts tremendous flexibility that is only limited by your own imagination. The second and third levels contain 4 bedrooms and 2 full baths. The George Ely House is the Currier and Ives home located in a quaint River Hamlet, that you have been searching for. Walk to restaurants, the theater, galleries, gift shops and the River, all within 5 minutes. Yet, only 40 minutes to Princeton; 55 minutes to Philadelphia; and 90 minutes to New York City. This pedigreed home is the one worth a second look. Note: The property has extremely low taxes and is part of the prestigious New Hope-Solebury School District!!! * A special “Thank You” to Roy Ziegler for his historical information. Also Note: The first floor of this property is virtually staged.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Built-In Microwave, Disposal, Dryer - Front Loading, Refrigerator, Washer - Front Loading, Washer/Dryer Stacked, Water Heater - High-Efficiency, Oven/Range - Electric
  • Flooring Type: Hardwood, Slate
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Stone, Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3221
  • Living Area Sq Ft: 3221
  • Price Per Sq Ft: 325.68
  • Above Grade Finished Sq Ft: 3221
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 80

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Monitored, Motion Detectors, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 36400.00
  • Land Assessed Value: 15200.00
  • Land Use Code: 1032
  • Lot Features: Level, Premium, Sideyard(s)
  • Lot Size Acres: 0.13
  • Lot Dimensions: 70X83
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.80
  • Outdoor Living Structures: Patio(s)
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 128750
  • Tax Annual Amount: 7442.00
  • Assessor Parcel Number: 27-006-121
  • Tax Lot: 121
  • Tax Year: 2021
  • Close Date: 10/04/2021

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 4, 2021
Sold by
Dougherty Daniel J and Greco Ronald R
Bought by
Duff Robert and Duff Jennifer
Seller's Agent
Art Mazzei
Addison Wolfe Real Estate
Buyer's Agent
Kevin Weingarten
RE/MAX Centre Realtors
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Current Estimated Value
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,000
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,200,000
Outstanding Balance
$715,413
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$538,587

Purchase Details

Closed on
Jan 19, 2017
Sold by
Johnson Kathleen D
Bought by
Dougherty Daniel J and Greco Ronald R

Purchase Details

Listed on
Aug 23, 2013
Closed on
May 29, 2014
Sold by
Cooperman Howard and Cooperman Edye
Bought by
Dougherty Daniel J and Greco Ronald R
Seller's Agent
Thomas McMillan
Callaway Henderson Sotheby's Int'l-Lambertville
Buyer's Agent
Jim Briggs
Keller Williams Real Estate-Doylestown
List Price
$649,715
Sold Price
$558,000
Premium/Discount to List
-$91,715
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Sandor Herbert and Sandor Susan
Bought by
Cooperman Howard and Cooperman Edye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.06%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Duff Robert $1,000,000 Sage Premier Settlements
Dougherty Daniel J $410,000 Cross Keys Abstract
Dougherty Daniel J $558,000 None Available
Cooperman Howard $830,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duff Robert $1,200,000
Previous Owner Dougherty Daniel J $450,000
Previous Owner Cooperman Howard $560,000
Previous Owner Sandor Herbert $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $1,000,000 -4.7% $310 / Sq Ft
08/09/2021 08/09/21 For Sale $1,049,000 +88.0% $326 / Sq Ft
05/29/2014 05/29/14 Sold $558,000 -7.0% $173 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
10/28/2013 10/28/13 Price Changed $599,900 -11.7% $186 / Sq Ft
08/27/2013 08/27/13 Price Changed $679,715 +4.6% $211 / Sq Ft
08/23/2013 08/23/13 For Sale $649,715 -- $202 / 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 $7,876 $51,600 $15,200 $36,400
2024 $7,876 $51,600 $15,200 $36,400
2023 $7,660 $51,600 $15,200 $36,400
2022 $7,604 $51,600 $15,200 $36,400
2021 $7,442 $51,600 $15,200 $36,400
2020 $7,305 $51,600 $15,200 $36,400
2019 $7,134 $51,600 $15,200 $36,400
2018 $7,013 $51,600 $15,200 $36,400
2017 $6,755 $51,600 $15,200 $36,400
2016 $6,755 $51,600 $15,200 $36,400
2015 -- $51,600 $15,200 $36,400
2014 -- $51,600 $15,200 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2005042

Bright MLS

APN: 27-006-121