NOT LISTED FOR SALE

1300 Bear Tavern Rd Hopewell Township, NJ 08560

Estimated Value: $419,000 - $1,054,330

3 Beds
2.5 Baths
2,629 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,870,000 $711 Per Sq Ft

Current estimated payment $5,926/month

55 Days on Market

Highlights

  • Corral
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Hopewell Valley Central High School Rated A
  • 2 Acre Lot
  • Wood Flooring

About This Home

As of December 2021

Welcome to 1300 Bear Tavern Road known worldwide as Duncraven. Situated on 61 acres, this property has hosted over the years, USEF A Rated horse shows attracting beginner riders as well as the top elite equestrians. A beautiful 1800's colonial with 3 BR 2.5 BATH features a light and airy interior, upgraded with a gourmet kitchen, HW flooring, vaulted ceilings in FR, Stone woodburning fireplace, central air and a deck that spans the back of the home. A charming, detached garage has a finished second level with full bath, heating & AC. The grounds include several outbuildings ; professional indoor arena with GGT footing, a misting system for dust control and an upstairs viewing lounge & viewing deck with heat & a/c. 2 barns with 50 stalls, five large wash/grooming stalls, two tack rooms, two trunk rooms, a storage room, a laundry room, and an office. There are 4 outdoor professional show arenas with all-weather footing, plus several fenced fields & pastures for turn out. This business opportunity has endless possibilities. The land has been preserved but there is an additional building lot in case you want to build your own home. Just 6 minutes from Rt 295, 15 minutes to Princeton, and close to the vacation towns of Lambertville and New Hope. Central to Philadelphia and New York City and 8 minutes to Trenton/Mercer Airport, 12 minutes to major train stations makes commuting a breeze. Opportunity knocking. Come see this beautiful property today

Last Agent to Sell the Property

Elisabeth Kerr

Corcoran Sawyer Smith License #8740002 Listed on: 07/29/2021

Last Buyer's Agent

Vivian Tuccillo

Keller Williams Premier License #1968305

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,461

Year Built

  • Built in 1800

Lot Details

  • 2 Acre Lot
  • Irrigation Equipment
  • Property is zoned VRC

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,629 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Mantel
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Bear Tavern Elementary School
  • Timberlane Middle School
  • Central High School

Farming

  • Farm Land Preservation
  • Horse Farm

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • On Site Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • Corral

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001 02
  • Assessor Parcel Number 06-00062-00001 02

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,461

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: house: washer, dryer, refrigerator, stove, oven, dishwasher, ceiling fans
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-31
  • Year Built: 1800
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1300 Bear Tavern Road known worldwide as Duncraven. Situated on 61 acres, this property has hosted over the years, USEF A Rated horse shows attracting beginner riders as well as the top elite equestrians. A beautiful 1800's colonial with 3 BR 2.5 BATH features a light and airy interior, upgraded with a gourmet kitchen, HW flooring, vaulted ceilings in FR, Stone woodburning fireplace, central air and a deck that spans the back of the home. A charming, detached garage has a finished second level with full bath, heating & AC. The grounds include several outbuildings ; professional indoor arena with GGT footing, a misting system for dust control and an upstairs viewing lounge & viewing deck with heat & a/c. 2 barns with 50 stalls, five large wash/grooming stalls, two tack rooms, two trunk rooms, a storage room, a laundry room, and an office. There are 4 outdoor professional show arenas with all-weather footing, plus several fenced fields & pastures for turn out. This business opportunity has endless possibilities. The land has been preserved but there is an additional building lot in case you want to build your own home. Just 6 minutes from Rt 295, 15 minutes to Princeton, and close to the vacation towns of Lambertville and New Hope. Central to Philadelphia and New York City and 8 minutes to Trenton/Mercer Airport, 12 minutes to major train stations makes commuting a breeze. Opportunity knocking. Come see this beautiful property today
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Ceiling Fan(s), Crown Moldings, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Other Equipment: Negotiable
  • Fireplace Features: Mantel(s), Stone, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 2629
  • Living Area Sq Ft: 2629
  • Price Per Sq Ft: 855.84
  • Above Grade Finished Sq Ft: 2629
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1300

Beds/Baths

  • Bedrooms: 3
  • 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, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Bottled Gas, Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Utilities: Propane, Cable Tv, Electric Available, Phone
  • Water Source: Well
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: BEAR TAVERN E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: CENTRAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: BEAR TAVERN E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Crops Included: Yes
  • Farm Features: Corral, Irrigation Equipment, Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Improvement Assessed Value: 366200.00
  • Land Assessed Value: 270000.00
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Remarks Farm: currently run as an equestrian farm but previous use was a cattle farm owned by Helen Boehme of Boehme Porcelain. You could have alpaca, sheep etc or just use the farm for your own horses.
  • Year Assessed: 2021
  • Zoning: VRC
  • Farmland Preservation: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2122024
  • Tax Annual Amount: 19461.00
  • Assessor Parcel Number: 06-00062-00001 02
  • Tax Lot: 00001 02
  • Tax Total Finished Sq Ft: 2629
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Dec 30, 2021
Sold by
Fedor and Rachel
Bought by
Y Knot Acres Llc
Seller's Agent
Elisabeth Kerr
Corcoran Sawyer Smith
Buyer's Agent
Vivian Tuccillo
Keller Williams Premier
List Price
$2,250,000
Sold Price
$1,870,000
Premium/Discount to List
-$380,000
-16.89%
Current Estimated Value
$786,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,083,417
Avg. Annual Appreciation
-17.02%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Fedor Bernard
Bought by
Fedor Timothy and Fedor Rachael

Purchase Details

Closed on
Apr 5, 1988
Bought by
Fedor Timothy and Fedor Rachael
Source: Public Records

Range of Values:

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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
Y Knot Acres Llc $885,000 Foundation Title
Fedor Timothy $150,000 --
Fedor Timothy $1,900,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,870,000 -16.9% $711 / Sq Ft
12/01/2021 12/01/21 Price Changed $2,250,000 0.0% $856 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $2,250,000 -- $856 / 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
2024 $19,442 $636,200 $270,000 $366,200
2023 $19,442 $636,200 $270,000 $366,200
2022 $19,041 $636,200 $270,000 $366,200
2021 $19,461 $636,200 $270,000 $366,200
2020 $18,991 $636,200 $270,000 $366,200
2019 $18,526 $636,200 $270,000 $366,200
2018 $18,183 $636,200 $270,000 $366,200
2017 $17,686 $636,200 $270,000 $366,200
2016 $16,719 $636,200 $270,000 $366,200
2015 $16,891 $636,200 $270,000 $366,200
2014 $16,541 $636,200 $270,000 $366,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2002434

Bright MLS

APN: 06-00062-0000-00001-02