NOT LISTED FOR SALE

1003 Cherry Valley Rd Hopewell, NJ 08525

Estimated Value: $582,000 - $729,000

3 Beds
2 Baths
-- Sq Ft
0.62 Acres

Last Sold November 18, 2022

Last sale price $525,000

Est. 28% increase in value since last sale

Current estimated payment $4,663/month

153 Days on Market

Highlights

  • Scenic Views
  • Colonial Architecture
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of November 2022

This “cute as a button” expanded circa 1800s colonial sits just outside of Hopewell Borough, close to Pennington Borough, and is so convenient to downtown Princeton. From the handy semi-circular driveway, you enter the side door hall, which is flanked by an office or mudroom on the left, and a first-floor laundry room to the right. The updated kitchen lies before you with: granite counters, gas-cooking, stainless appliances and French doors out to a brick patio and large fully-fenced backyard. A dining area, with exposed beams, opens to both the kitchen and the family room, where built-in bookcases and a television cabinet add to the many modern conveniences. Across the hall sits the living room, or formal dining room, whichever you may choose, with its own tall set of built-in bookcases. That room could also serve other uses: large office, library, playroom, music room, etc. Upstairs, three bedrooms are all just the right sizes, with the grand main suite having been expanded, and now sporting a cathedral ceiling with exposed beams, walk-in closet and a renovated sumptuous bathroom. An updated hall bath serves the other two bedrooms. Original antique pumpkin pine flooring exists throughout. The wonderfully open backyard possesses the brick patio, while a bluestone terrace rests at the front of the house. Newer cedar siding was completed on the house exterior, ($100K investment). The Septic system was replaced in 2004 and now also has 2 new tanks. This sweet home is a real gem for antique home lovers, and is is located within the Hopewell Valley School system.

Last Agent to Sell the Property

Laura Huntsman

Callaway Henderson Sotheby's Int'l-Princeton License #9909029 Listed on: 04/19/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

VALERIE L SANDS

River Valley Realty, LLC License #RS313490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,678

Year Built

  • Built in 1800

Lot Details

  • 0.62 Acre Lot
  • Property is Fully Fenced
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R75

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Beamed Ceilings
  • Recessed Lighting
  • Triple Pane Windows
  • Replacement Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Scenic Vista Views
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Circular Driveway
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Radiator
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 06-00016-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,678

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All window treatments and window hardware, all furnishings and wall art/mirrors.
  • Inclusions: All appliances, lighting fixtures, A/C window units, newer lawn mower.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Remarks Public: This “cute as a button” expanded circa 1800s colonial sits just outside of Hopewell Borough, close to Pennington Borough, and is so convenient to downtown Princeton. From the handy semi-circular driveway, you enter the side door hall, which is flanked by an office or mudroom on the left, and a first-floor laundry room to the right. The updated kitchen lies before you with: granite counters, gas-cooking, stainless appliances and French doors out to a brick patio and large fully-fenced backyard. A dining area, with exposed beams, opens to both the kitchen and the family room, where built-in bookcases and a television cabinet add to the many modern conveniences. Across the hall sits the living room, or formal dining room, whichever you may choose, with its own tall set of built-in bookcases. That room could also serve other uses: large office, library, playroom, music room, etc. Upstairs, three bedrooms are all just the right sizes, with the grand main suite having been expanded, and now sporting a cathedral ceiling with exposed beams, walk-in closet and a renovated sumptuous bathroom. An updated hall bath serves the other two bedrooms. Original antique pumpkin pine flooring exists throughout. The wonderfully open backyard possesses the brick patio, while a bluestone terrace rests at the front of the house. Newer cedar siding was completed on the house exterior, ($100K investment). The Septic system was replaced in 2004 and now also has 2 new tanks. This sweet home is a real gem for antique home lovers, and is is located within the Hopewell Valley School system.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Wood
  • Interior Amenities: Built-Ins, Exposed Beams, Family Room Off Kitchen, Kitchen - Eat-In, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Window Treatments, Wood Floors, Walk-In Closet(s)
  • Window Features: Bay/Bow, Energy Efficient, Replacement, Screens, Storm, Triple Pane
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Storage Room, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1003

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outbuilding(s)
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Gravel Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 208700.00
  • Land Assessed Value: 205800.00
  • Lot Features: Front Yard, Open, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.62
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27007.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2119287
  • Tax Annual Amount: 12678.00
  • Assessor Parcel Number: 06-00016-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/18/2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Nov 8, 2022
Sold by
Kerbel W Jarrett W and Kerbel Alison L
Bought by
Smith Jordan Hope and Bak Meredith A
Seller's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
VALERIE L SANDS
River Valley Realty, LLC
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
1
Current Estimated Value
$670,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,289
Avg. Annual Appreciation
11.34%
Original Mortgage
$340,250
Outstanding Balance
$330,021
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$380,747

Purchase Details

Closed on
Jul 29, 2008
Sold by
Leddy Terence R and Leddy Megan D
Bought by
Kerbel W Jarrett and Boden Alison L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Orrick Kathryn A
Bought by
Leddy Terence R and Leddy Megan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.02%
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
Smith Jordan Hope $525,000 Wfg National Title
Kerbel W Jarrett $525,000 --
Leddy Terence R $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jordan Hope $340,250
Previous Owner Kerbel W Jarrett $297,500
Previous Owner Leddy Terence R $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $525,000 +5.0% --
09/19/2022 09/19/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $500,000 -4.8% --
07/05/2022 07/05/22 Off Market $525,000 -- --
05/09/2022 05/09/22 Price Changed $500,000 -7.4% --
04/19/2022 04/19/22 For Sale $540,000 -- --
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 $13,086 $425,700 $217,000 $208,700
2024 $12,667 $414,500 $205,800 $208,700
2023 $12,667 $414,500 $205,800 $208,700
2022 $12,406 $414,500 $205,800 $208,700
2021 $12,312 $402,500 $193,800 $208,700
2020 $12,015 $402,500 $193,800 $208,700
2019 $11,721 $402,500 $193,800 $208,700
2018 $11,503 $402,500 $193,800 $208,700
2017 $11,190 $402,500 $193,800 $208,700
2016 $10,578 $402,500 $193,800 $208,700
2015 $10,686 $402,500 $193,800 $208,700
2014 $10,465 $402,500 $193,800 $208,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2014998

Bright MLS

APN: 06-00016-0000-00009