NOT LISTED FOR SALE

53 Model Ave Hopewell, NJ 08525

Estimated Value: $559,664 - $730,000

3 Beds
2 Baths
1,216 Sq Ft
$516/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2016

Last sale price $365,000 $300 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,356 / mo

30 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Attic
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of May 2016

In the heart of Hopewell Borough! Many updates include: New water service from road to house, refinished hardwood floors, new kitchen appliances, new & updated bathrooms, new washer and dryer, new hot water heater, new HVAC, professionally painted, updated electric outlets & switches, new lighting and ceiling fans, generator transfer switch, new landscaping. Cozy fireplace, rear deck, nice size master bedroom with dormer. Walk to restaurants and shops. Shows great!

Last Agent to Sell the Property

Michael Dolan

(908) 231-0700 john@bendallgroup.com RE/MAX Classic Group Listed on: 03/21/2016

RE/MAX Classic Group

Last Buyer's Agent

Michelle Blane

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1111490

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,141

Year Built

  • Built in 1946

Lot Details

  • 6,425 Sq Ft Lot
  • Lot Dimensions are 63x102
  • Property is in good condition
  • Property is zoned R75

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Property has 1.5 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 05-00013-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,141

Year Built

Built in 1946

Lot Details

6,425 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal
  • Flooring Type: Wood, Tile/Brick
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1216
  • Living Area Sq Ft: 1216
  • Net Sq Ft: 1216.00
  • Price Per Sq Ft: 304.19
  • Above Grade Finished Sq Ft: 1216
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 176600.00
  • Land Assessed Value: 191500.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 63X102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6425.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118146
  • Tax Annual Amount: 10141.00
  • Assessor Parcel Number: 05-00013-00011
  • Tax Lot: 00011
  • Tax Year: 2015

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 4, 2016
Sold by
Hayes Gregory and Hayes Heather
Bought by
Dorer Rae A
Seller's Agent
Michael Dolan
RE/MAX Classic Group
Buyer's Agent
Michelle Blane
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%
Current Estimated Value
$626,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,916
Avg. Annual Appreciation
5.59%
Original Mortgage
$292,000
Outstanding Balance
$231,845
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$395,071

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 12, 2013
Sold by
Murphy Patrick J
Bought by
Hayes Gregory and Hayes Heather
Seller's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Michael Dolan
RE/MAX Classic Group
List Price
$329,000
Sold Price
$330,000
Premium/Discount to List
$1,000
0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$324,022
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2009
Sold by
Palmiter James W and Palmiter Susan C
Bought by
Murphy Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,075
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2002
Sold by
Dickinson College
Bought by
Palmiter James and Palmiter Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.99%

Purchase Details

Closed on
May 24, 1994
Sold by
Levine Daniel
Bought by
Spencer Jane W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dorer Rae A $365,000 Old Republic National Title
Hayes Gregory $330,000 Old Republic National Title
Murphy Patrick $320,000 Foundation Title Llc
Palmiter James $250,000 --
Spencer Jane W $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorer Rae A $292,000
Previous Owner Hayes Gregory $324,022
Previous Owner Murphy Patrick $295,075
Previous Owner Palmiter James $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2016 05/16/16 Sold $365,000 -1.3% $300 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $369,900 +12.1% $304 / Sq Ft
04/12/2013 04/12/13 Sold $330,000 +0.3% -- View Prior Sale
04/09/2013 04/09/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $329,000 -- --
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 $12,659 $368,100 $191,500 $176,600
2024 $12,184 $368,100 $191,500 $176,600
2023 $12,184 $368,100 $191,500 $176,600
2022 $11,776 $368,100 $191,500 $176,600
2021 $11,562 $368,100 $191,500 $176,600
2020 $11,400 $368,100 $191,500 $176,600
2019 $11,231 $368,100 $191,500 $176,600
2018 $10,745 $368,100 $191,500 $176,600
2017 $10,414 $368,100 $191,500 $176,600
2016 $10,075 $368,100 $191,500 $176,600
2015 $10,141 $368,100 $191,500 $176,600
2014 $9,016 $351,900 $231,100 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003883335

Bright MLS

APN: 05-00013-0000-00011

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