5 Mercer St Hopewell, NJ 08525
Estimated Value: $534,000 - $590,000
3
Beds
2
Baths
--
Sq Ft
8,786
Sq Ft Lot
Highlights
- Open Floorplan
- Raised Ranch Architecture
- Breakfast Area or Nook
- Hopewell Valley Central High School Rated A
- No HOA
- 1 Car Attached Garage
About This Home
As of June 2023Just one block to Broad Street, it is easy to enjoy all the sights, sounds, and gourmet delights of Hopewell Borough without ever thinking about taking out the car. The whole house was recently painted (2021), carpeting replaced in the upper level (2021)l, and new floors in the lower level (2022). The kitchen includes a skylight, stainless appliances, and a spacious dining area with a modern new light fixture. Down the hall, one of two full bathrooms was tastefully updated with well-chosen fixtures. The master suite boasts a second full bath, generous closets, and views of the backyard.
In addition to the attached one-car garage, the lower level houses a finished room with its own entrance that is currently shown as a home office and could easily be use d a a fourth bedroom. The other part of the recently renovated lower level (2022) is extremely versatile and is currently being shown as a studio apartment with a queen bed and dining area. It has a second entrance from the lower level out to the fenced backyard. The newly installed solar system results in $5.00 monthly electric bills in perpetuity!
And for anyone who appreciates established gardens and growing their own vegetables, this one will be a real paradise offering a yard full of organic vegetables and herb beds and perennial blooms throughout the season. Don't miss this one!
Last Agent to Sell the Property
Compass New Jersey, LLC - Princeton Listed on: 03/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,917
Year Built
- Built in 1987
Lot Details
- 8,786 Sq Ft Lot
- Lot Dimensions are 72.00 x 0.00
- Property is zoned R75
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Driveway
Home Design
- Raised Ranch Architecture
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Combination Kitchen and Dining Room
- Partially Finished Basement
Kitchen
- Breakfast Area or Nook
- Kitchen Island
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Location
- Flood Risk
Utilities
- Multiple cooling system units
- Zoned Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00032
- Assessor Parcel Number 05-00014-00032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2023
Closed on
Jun 6, 2023
Sold by
Juleff Andrew
Bought by
Armstrong Family Trust
Seller's Agent
MICHAEL P. Barasch
Compass New Jersey, LLC - Princeton
Buyer's Agent
Linda Twining
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Total Days on Market
5
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,009
Avg. Annual Appreciation
9.01%
Purchase Details
Listed on
Jun 26, 2021
Closed on
Sep 22, 2021
Sold by
Klett Theodore M and Klett Rozanne L
Bought by
Juleff Andrew
Seller's Agent
Thomas McMillan
Callaway Henderson Sotheby's Int'l-Lambertville
Buyer's Agent
MICHAEL P. Barasch
Compass New Jersey, LLC - Princeton
List Price
$415,000
Sold Price
$393,500
Premium/Discount to List
-$21,500
-5.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armstrong Family Trust | $470,000 | Old Republic Title | |
| Juleff Andrew | $393,500 | Acres Land Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Juleff Andrew | $210,000 | |
| Previous Owner | Klett Theodore M | $20,000 | |
| Previous Owner | Klett Theodore M | $10,000 | |
| Previous Owner | Klett Theodore M | $200,000 | |
| Previous Owner | Klett Theodore M | $180,000 | |
| Previous Owner | Klett Theodore M | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2023 06/08/23 | Sold | $470,000 | +4.7% | -- |
| 03/31/2023 03/31/23 | For Sale | $449,000 | +14.1% | -- |
| 09/28/2021 09/28/21 | Sold | $393,500 | -1.1% | -- |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | Price Changed | $398,000 | -4.1% | -- |
| 06/26/2021 06/26/21 | For Sale | $415,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,297 | $341,300 | $203,700 | $137,600 |
| 2023 | $11,297 | $341,300 | $203,700 | $137,600 |
| 2022 | $10,918 | $341,300 | $203,700 | $137,600 |
| 2021 | $10,720 | $341,300 | $203,700 | $137,600 |
| 2020 | $10,570 | $341,300 | $203,700 | $137,600 |
| 2019 | $10,782 | $353,400 | $203,700 | $149,700 |
| 2018 | $10,316 | $353,400 | $203,700 | $149,700 |
| 2017 | $9,998 | $353,400 | $203,700 | $149,700 |
| 2016 | $9,673 | $353,400 | $203,700 | $149,700 |
| 2015 | $9,736 | $353,400 | $203,700 | $149,700 |
| 2014 | $8,711 | $340,000 | $248,200 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
MICHAEL P. Barasch
M
Seller's Agent in 2023
MICHAEL P. Barasch
Compass New Jersey, LLC - Princeton
(561) 906-7022
5 in this area
38 Total Sales
-
Linda Twining
Buyer's Agent in 2023
Linda Twining
Callaway Henderson Sotheby's Int'l-Princeton
(609) 439-2282
5 in this area
95 Total Sales
-
T
Seller's Agent in 2021
Thomas McMillan
Callaway Henderson Sotheby's Int'l-Lambertville
(609) 306-4906
1 in this area
10 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2027986
APN: 05-00014-0000-00032
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