NOT LISTED FOR SALE

16 E Prospect St Hopewell, NJ 08525

Estimated Value: $653,000 - $845,000

3 Beds
2.5 Baths
2,135 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2020

Last sale price $532,000 $249 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,270 / mo

24 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Fireplaces
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2020

Built in the early 1900s and owned by only three families in the past century, this quaint farmhouse-style home combines its original storybook charm with modern renovations that make it comfortable and welcoming today. In summer, mature wisteria transforms the front porch into a secret garden, while the fully fenced backyard becomes a shady oasis with curly willow, weeping cherry, Persian ironwood, lilac, laurel, and a garden pond complete with goldfish. Stone walkways frame a large raised deck perfect for outdoor entertaining, On the home s ground level, the living room with wood-burning fireplace is open to a dining room with built-in corner cabinet, and four tall windows. The kitchen, separated from the dining room by the original swinging oak door, has solid hickory cabinets, Corian countertops, a five-burner gas stove, and over the sink, a deep bay window overlooking a hosta and fern-lined stone path. At the back of the home off the kitchen, the light-filled family room with a second wood-burning fireplace looks out to the backyard gardens. A half bath and laundry room, and a spacious coat closet are near the driveway-side entrance.On the second level, two corner bedrooms with large windows share a hall bath with twin sinks. A sunny bonus room is ready to serve as a home office, nursery, or play/craft room. The spacious and private master suite on the third floor features a skylight, wide windows along two sides, a full bathroom, two double closets, a built-in dresser, and new wall-to-wall carpeting.You ll find ample storage space, with cleverly concealed space beneath the eaves, a large cedar closet and separate linen closet on the second floor, plus attic space, and a full walk-out basement.A large outbuilding on the property is designed to look like a garage, but cleverly houses a large workshop at the front, a carpeted office in the middle, and a deep garden shed at the back with built-in shelving. The building is heated and has window AC units. You could use it as is, as workshop/office space, or easily transform it into a garage, a home gym, or a play space. Attic storage runs the length of the building.From the front porch and windows, you will look out over the fields behind Hopewell Elementary School. This home is ideally located only one block from Hopewell Park, a short walk to St. Michael s Preserve, and two blocks from downtown Hopewell where you ll find the Hopewell Theater, Hopewell Library, restaurants and boutiques.

Last Agent to Sell the Property

Susan DeHaven

(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington Listed on: 01/27/2020

Last Buyer's Agent

Marcy Kahn

(609) 924-5353 marcytherealtor@gmail.com Queenston Realty, LLC License #789802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,750

Year Built

  • Built in 1900

Lot Details

  • 8,734 Sq Ft Lot
  • Lot Dimensions are 59.00 x 148.00
  • Property is zoned R75P

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,135 Sq Ft Home
  • Property has 3 Levels
  • Built-In Features
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry
  • Crawl Space

Parking

  • Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Utility Building
  • Outbuilding
  • Porch

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 05-00033-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,750

Year Built

Built in 1900

Lot Details

8,734 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: washer dryer, refrigerator, basement freezer
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Carpet, Family Room Off Kitchen, Primary Bath(s), Pantry, Skylight(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Office, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Side Entrance
  • Total Sq Ft: 2135
  • Living Area Sq Ft: 2135
  • Price Per Sq Ft: 241.22
  • Above Grade Finished Sq Ft: 2135
  • Above Grade Finished Area Units: Square Feet

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: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Office/Studio, Shed, Utility Building
  • Construction Materials: Frame
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas Available, Oil
  • Heating Type: Baseboard - Hot Water, Radiant
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 252400.00
  • Land Assessed Value: 198300.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 59.00 x 148.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8734.00
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Zoning: R75P

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118539
  • Tax Annual Amount: 13750.00
  • Assessor Parcel Number: 05-00033-00020
  • Tax Lot: 00020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jun 24, 2020
Sold by
Solomon Theresa M and Kent Guy W
Seller's Agent
Susan DeHaven
Corcoran Sawyer Smith - Pennington
Buyer's Agent
Marcy Kahn
Queenston Realty, LLC
List Price
$515,000
Sold Price
$532,000
Premium/Discount to List
$17,000
3.3%
Current Estimated Value
$745,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,137
Avg. Annual Appreciation
6.00%
Original Mortgage
$332,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Housel Timothy C
Bought by
Solomon Theresa M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $532,000 Weichert Title Agency
Solomon Theresa M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $532,000 +3.3% $249 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $515,000 -- $241 / Sq Ft
Source: Bright MLS

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 $15,500 $450,700 $198,300 $252,400
2024 $14,918 $450,700 $198,300 $252,400
2023 $14,918 $450,700 $198,300 $252,400
2022 $14,418 $450,700 $198,300 $252,400
2021 $14,156 $450,700 $198,300 $252,400
2020 $13,958 $450,700 $198,300 $252,400
2019 $13,751 $450,700 $198,300 $252,400
2018 $13,156 $450,700 $198,300 $252,400
2017 $12,750 $450,700 $198,300 $252,400
2016 $12,336 $450,700 $198,300 $252,400
2015 $12,417 $450,700 $198,300 $252,400
2014 $11,924 $465,400 $235,600 $229,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME290796

Bright MLS

APN: 05-00033-0000-00020

Your Personal Tour Guide

Ask me questions while you tour the home.