7062 Ely Rd, New Hope, PA 18938 Property Records

Bucks County property record for 7062 Ely Rd, New Hope, PA 18938

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,415 sqft · built 1972
Lot Size	2.08 acres (90,605 sqft)
Owner	2 Individual Names on File
Last Sale	$659,000 (Apr 2021)
Tax Bill	$9,951 (2025)
Deeds & Mortgages	May 2023 Line of Credit Apr 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`41-028-049`

Property Details

APN / Parcel Number

Primary APN	`41-028-049`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	1 Story
Building Area	2,415 sqft Living Area
1st Floor Area	1,932 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1972
Effective Year Built	Effective 1972
Architectural Style	Conventional
Construction Type	Frame
Lot Area	90,605 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Septic
Water Source	Well

Location & Zoning

Street Address	7062 ELY RD
City	NEW HOPE
State	PA
Zip	18938-5725
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R2
Legal Description	LOT #1 2.077A RICHARD & HELEN ZAVETA PLAN 7062ELY RD
Legal Subdivision	RICHARD & HELEN ZAVETA PLAN
Legal Block	28
Legal Lot Number	1
Jurisdiction	BUCKS PA
Township / Civil Division	SOLEBURY
Census Block Group	1
Census Block	1004
Census Tract	104303

Owner

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on File
Mailing Address	7062 ELY RD, NEW HOPE, PA 18938-5725
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 2, 2023	Deed of Trust, Mortgage · Line of Credit BANK OF AMERICA NA
Apr 8, 2021	Deed, Transfer · Conventional Mortgage BANK OF AMERICA NA
Jan 5, 2017	Deed of Trust, Mortgage · Line of Credit WELLS FARGO BANK NA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 8, 2021 · Amount on File
Deed Sale	Apr 8, 2021 · Amount on File
Prior Sale	Dec 9, 1968
Deed Document Number	202132505
Record Updated	Oct 29, 2026

May 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUCKS PA
Property Address	7062 ELY RD, NEW HOPE, PA 18938-5725
Transaction Type	Mortgage
Record Updated	May 10, 2023
Title Company	TITLE365 - OMAHA, TITLE365 OMAHA

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000017811
Date	May 2, 2023
Instrument	2023017811

Lender

Name	BANK OF AMERICA NA
Type	Bank
Address	CHARLOTTE, NC 28255

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	359 Months
Due	Apr 20, 2053

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	BUCKS PA
Recording Date	Apr 8, 2021
Property Address	7062 ELY RD, NEW HOPE, PA 18938-5725
Document Number	0000032505
Instrument Date	Mar 25, 2021
Instrument	2021032505
Transaction Type	Transfer
Record Updated	Apr 18, 2022
Title Company	MERCER ABSTRACT AND SETTLEMENT SERVICES L, MERCER ABSTRACT & STLMT SVCS

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$6,590.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	7062 ELY RD, NEW HOPE, PA 18938-5725
Investor	Possibly a Property Investor

Mortgage

Document Number	0000032506
Date	Apr 8, 2021
Instrument	2021032506

Lender

Name	BANK OF AMERICA NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2051

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BUCKS PA
Property Address	7062 ELY RD, NEW HOPE, PA 18938-5725
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000001065
Date	Jan 5, 2017
Instrument	2017001065

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Jan 22, 2047

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Pennsylvania
County	Bucks County
County Subdivision	Solebury Township
Unified School District	New Hope-Solebury School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$58,800 (-) Land $18,920 Building $39,880
2025	$9,951.00 (+3.4%)
2024	$9,624.00	$58,800 Land $18,920 Building $39,880
1972			$805,476 Land $259,177 Building $546,299

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 34 policies
Nearby Flood Policies	34 in force
Nearby Flood Claims	49 (1994–2021)
Claims Outside the SFHA	21 of 49
Most Recent Claim	Sep 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 Risk	Low lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood	0.01% annual chance
Exposure	Direct 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

Provider	Max 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

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