7040 Ely Rd, New Hope, PA 18938 Property Records

Bucks County property record for 7040 Ely Rd, New Hope, PA 18938

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 2,626 sqft · built 1950
Lot Size1.08 acres (47,437 sqft)
OwnerIndividual Name on Record
Last Sale$22,900 (Aug 1984)
Tax Bill$6,972 (2025)
Deeds & MortgagesMay 2021 Mortgage
Flood ZoneZone X (minimal risk)
APN41-028-048-003

Property Details

APN / Parcel Number

Primary APN41-028-048-003

Interior

Bedrooms2 Beds
Full Baths1 Bath
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms5 Rooms
Stories1 Story
Building Area2,626 sqft Living Area
1st Floor Area1,040 sqft

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Architectural StyleConventional
Construction TypeFrame
Lot Area47,437 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address7040 ELY RD
CityNEW HOPE
StatePA
Zip18938-5725
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR2
Legal Description1.089A S S T387 2080 FT E SR32
Legal SubdivisionJOHN W & EMILY B HAWTHORNE
Legal Block28
JurisdictionBUCKS PA
Township / Civil DivisionSOLEBURY
Census Block Group1
Census Block1004
Census Tract104303

Owner

Source: Bucks County records, as of May 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address7040 ELY RD, NEW HOPE, PA 18938-5725
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 20, 1984 · Amount on Record
Deed SaleAug 20, 1984 · Amount on Record
Deed Book / Page2572 / 1025
Last Transfer DateApr 17, 1997
Transfer Doc0000029636
Record UpdatedSep 20, 2026

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBUCKS PA
Property Address7040 ELY RD, NEW HOPE, PA 18938-5725
Transaction TypeMortgage
Record UpdatedMay 21, 2021
Title CompanyMORTGAGE CONNECT LP

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000045142
DateMay 12, 2021
Instrument2021045142
Lender
NameWELLS FARGO BANK NA
TypeBank
AddressSIOUX FALLS, SD 57104
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJun 1, 2051

Tax Assessment & Valuation

Source: Bucks County assessment roll, as of May 29, 2026

Property Jurisdictions

TypeName
StatePennsylvania
CountyBucks County
County SubdivisionSolebury Township
Unified School DistrictNew Hope-Solebury School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$41,200 (-) Land $15,240 Building $25,960
2025$6,972.00 (+3.4%)
2024$6,743.00$41,200 Land $15,240 Building $25,960
1972$564,381 Land $208,766 Building $355,615

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective April 22, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 34 policies
Nearby Flood Policies34 in force
Nearby Flood Claims49 (1994–2021)
Claims Outside the SFHA21 of 49
Most Recent ClaimSep 2021 · Remnants Of Hurricane Ida
Claims by Event
  • Remnants Of Hurricane Ida, Sep 2021 · 10 claims
  • Tropical Storm Lee, Sep 2011 · 8 claims
  • Severe Storms And Flooding, Apr 2005 · 9 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 24 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fiber
980 / 880
T-Mobile
Fixed Wireless
100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Ely Rd

Nearby Streets

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