$360,000
SOLD AUG 15, 2019

51 Model Ave Hopewell, NJ 08525

3 Beds
2 Baths
1,171 Sq Ft
6,240 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Solarium
  • Hobby Room

About This Home

As of June 2022

This wonderful Craftsman Style Bungalow is going to put a smile on your face. Starting with a bright solarium the wooden floors welcome all who enter a spacious main living room enjoying daylight from three sides. Warm natural finish millwork and charming archways join spaces such as the large dining room with twin boxed windows and a casual pass through bar. The kitchen is a lesson in craftsmanship. It's handmade cherry wood cabinetry exhibit the attention to detail that simply is not seen anymore. They are topped with Corian and accented by a custom backsplash and stainless steel. The turned stairs with sunlit landing deliver to the second floor were wooden floors continue into three inviting bedrooms, all served by a custom hall bathroom including more hand built cabinetry and on-trend subway tile. But wait, there is more! The unique corner lot provides for a walk-out basement featuring additional flex-space, another bathroom with combined laundry, workshop, and a one-car attached garage. Obviously loved and well cared for, the charisma this quaint home shares is captivating.

Last Agent to Sell the Property

David Depaola

David DePaola and Company Real Estate License #8338280 Listed on: 05/07/2019

Last Buyer's Agent

Jennifer Curtis

Callaway Henderson Sotheby's Int'l-Princeton License #898424

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,875

Year Built

  • Built in 1900

Lot Details

  • 6,240 Sq Ft Lot
  • Lot Dimensions are 60.00 x 104.00
  • Property is zoned R75

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Cottage
  • Frame Construction

Interior Spaces

  • 1,171 Sq Ft Home
  • Property has 2.5 Levels
  • Living Room
  • Dining Room
  • Hobby Room
  • Workshop
  • Solarium
  • Wood Flooring
  • Basement with some natural light

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Radiator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 05-00013-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,875

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Craftsman
  • Ownership: Fee Simple
  • Inclusions: refrigerator, washer, dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1900
  • Remarks Public: This wonderful Craftsman Style Bungalow is going to put a smile on your face. Starting with a bright solarium the wooden floors welcome all who enter a spacious main living room enjoying daylight from three sides. Warm natural finish millwork and charming archways join spaces such as the large dining room with twin boxed windows and a casual pass through bar. The kitchen is a lesson in craftsmanship. It's handmade cherry wood cabinetry exhibit the attention to detail that simply is not seen anymore. They are topped with Corian and accented by a custom backsplash and stainless steel. The turned stairs with sunlit landing deliver to the second floor were wooden floors continue into three inviting bedrooms, all served by a custom hall bathroom including more hand built cabinetry and on-trend subway tile. But wait, there is more! The unique corner lot provides for a walk-out basement featuring additional flex-space, another bathroom with combined laundry, workshop, and a one-car attached garage. Obviously loved and well cared for, the charisma this quaint home shares is captivating.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Built-In Range, Oven/Range - Electric, Washer, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Wood Floors
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Laundry, Solarium, Workshop, Bathroom 1, Hobby Room
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Total Sq Ft: 1171
  • Living Area Sq Ft: 1171
  • Price Per Sq Ft: 313.83
  • Above Grade Finished Sq Ft: 1171
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE
  • 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: HOPEWELL E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 137200.00
  • Land Assessed Value: 201100.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 104.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6240.00
  • Year Assessed: 2018
  • Zoning: R75

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118147
  • Tax Annual Amount: 9875.00
  • Assessor Parcel Number: 05-00013-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1171
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/15/2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 25, 2022
Sold by
Atkinson and Karen
Bought by
Poten Sarah R
Seller's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$435,000
Sold Price
$510,000
Premium/Discount to List
$75,000
17.24%
Total Days on Market
31
Current Estimated Value
$599,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,802
Avg. Annual Appreciation
2.98%
Original Mortgage
$408,000
Outstanding Balance
$392,637
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$164,594

Purchase Details

Listed on
May 7, 2019
Closed on
Aug 15, 2019
Sold by
Carolyn D Amico Marin L and Amico Carolyn D
Bought by
Atkinson Michael and Atkinson Karen
Seller's Agent
David Depaola
David DePaola and Company Real Estate
Buyer's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$367,500
Sold Price
$360,000
Premium/Discount to List
-$7,500
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$329,248
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1998
Sold by
D'Amico John
Bought by
D'Amico Mark
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $510,000 None Listed On Document
Deed $360,000 None Available
Deed $58,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $329,248 New Conventional
Previous Owner $249,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $133,387 Closed End Mortgage
Previous Owner $121,890 Unknown
Previous Owner $124,291 Unknown
Previous Owner $40,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $510,000 +17.2% --
04/08/2022 04/08/22 For Sale $435,000 +20.8% --
08/15/2019 08/15/19 Sold $360,000 -2.0% $307 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $367,500 -- $314 / 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 $11,198 $338,300 $201,100 $137,200
2023 $11,198 $338,300 $201,100 $137,200
2022 $10,822 $338,300 $201,100 $137,200
2021 $10,626 $338,300 $201,100 $137,200
2020 $10,477 $338,300 $201,100 $137,200
2019 $10,322 $338,300 $201,100 $137,200
2018 $9,875 $338,300 $201,100 $137,200
2017 $9,571 $338,300 $201,100 $137,200
2016 $9,259 $338,300 $201,100 $137,200
2015 $9,320 $338,300 $201,100 $137,200
2014 $9,259 $361,400 $242,900 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME278302

Bright MLS

APN: 05-00013-0000-00012