$875,000
SOLD DEC 27, 2024

7 1st St Hopewell, NJ 08525

5 Beds
3.5 Baths
4,408 Sq Ft
0.51 Acres

Recently Sold

$199 Per Sq Ft

5% Below List Price

150 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.51 Acre Lot
  • Traditional Architecture
  • Hopewell Valley Central High School Rated A
  • Open Floorplan
  • 2 Fireplaces

About This Home

As of December 2024

Home at Last! Welcome to the epitome of luxurious living in the heart of Hopewell Borough. This exquisite 5 bedroom, 3 1/2 bath home, nestled at the end of a peaceful cul-de-sac, is a true masterpiece. As you step into this elegant residence, you'll be greeted by a seamless fusion of classic charm and contemporary style. The spacious layout encompasses five bedrooms, providing ample space for both relaxation and entertainment. Each room has been thoughtfully designed to offer a harmonious balance of comfort and sophistication.
Situated on an expansive lot, this property backs up to D&R Greenway Land Trust, a haven for nature enthusiasts. Enjoy your morning coffee on the deck while taking in the sights and sounds of the preserved land, offering hiking trails, bird-watching opportunities, and a genuine connection with the great outdoors. It's a true retreat for the soul. Complete with an outdoor kitchen, and multiple lounging areas, everyone will want to gather at your home!
Step inside, and you'll find a gourmet kitchen that will delight even the most discerning chef. With two dishwashers, two sinks, Sub-Zero refrigeration, state-of-the-art appliances, and a convenient warming drawer, this kitchen is both functional and elegant. Whether you're hosting a grand dinner party or simply enjoying a family meal, this kitchen is a culinary dream come true. As you explore the home further, you'll discover the meticulous attention to detail, evident in each room. The chimneys adds both charm and warmth to the living spaces, creating the perfect setting for cozy gatherings and memorable moments. This luxury property is not just a house; it's a lifestyle. It's a home where comfort and sophistication come together effortlessly. It offers the best of both worlds - luxury living in the heart of downtown Hopewell.
The main level is home to the fabulous kitchen, formal dining room, two great rooms, and a formal living room. There is a half bath and a laundry room conveniently located on this first level. Wood flooring, high ceilings, and beautiful moulding and millwork are just a few of the special touches in this home. The second level features the expansive primary bedroom, primary bath, walk-in closet, and separate sitting room/parlor. There is also a second bedroom, full bath, and loft space on this level. The upper level is comprised of 3 additional bedrooms and a brand new gorgeous full bathroom.
There is a furnished basement for extra recreational expanse as well as a large studio/bonus space over the garage. The extensive space over the garage is heated and equipped with electricity. Ideal for a workshop, home office, home gym, or anything you can imagine!
The sense of community in Hopewell Borough is unparalleled, and with the town just a stroll away, you'll find charming boutiques, eateries, and cultural attractions at your fingertips. There are parks/playgrounds, walking/hiking trails, and everything a quaint town can offer. It’s a lovely place to call home!

Last Agent to Sell the Property

Alison Steffens

Coldwell Banker Hearthside License #1224568 Listed on: 06/07/2024

Coldwell Banker Hearthside

Last Buyer's Agent

Sita Philion

BHHS Fox & Roach - Princeton License #337666

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,385

Year Built

  • Built in 1990

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R100

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Studio
  • Wood Foundation
  • Frame Construction

Interior Spaces

  • 4,408 Sq Ft Home
  • Property has 4 Levels
  • Open Floorplan
  • Wet Bar
  • Wainscoting
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room Off Kitchen
  • Formal Dining Room
  • Laundry on main level
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Hoval High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00059
  • Assessor Parcel Number 05-00036-00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,385

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer, Kitchen Appliances as-is, Lighting fixtures, drapes, blinds as-is.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: No
  • Remarks Public: Home at Last! Welcome to the epitome of luxurious living in the heart of Hopewell Borough. This exquisite 5 bedroom, 3 1/2 bath home, nestled at the end of a peaceful cul-de-sac, is a true masterpiece. As you step into this elegant residence, you'll be greeted by a seamless fusion of classic charm and contemporary style. The spacious layout encompasses five bedrooms, providing ample space for both relaxation and entertainment. Each room has been thoughtfully designed to offer a harmonious balance of comfort and sophistication. Situated on an expansive lot, this property backs up to D&R Greenway Land Trust, a haven for nature enthusiasts. Enjoy your morning coffee on the deck while taking in the sights and sounds of the preserved land, offering hiking trails, bird-watching opportunities, and a genuine connection with the great outdoors. It's a true retreat for the soul. Complete with an outdoor kitchen, and multiple lounging areas, everyone will want to gather at your home! Step inside, and you'll find a gourmet kitchen that will delight even the most discerning chef. With two dishwashers, two sinks, Sub-Zero refrigeration, state-of-the-art appliances, and a convenient warming drawer, this kitchen is both functional and elegant. Whether you're hosting a grand dinner party or simply enjoying a family meal, this kitchen is a culinary dream come true. As you explore the home further, you'll discover the meticulous attention to detail, evident in each room. The chimneys adds both charm and warmth to the living spaces, creating the perfect setting for cozy gatherings and memorable moments. This luxury property is not just a house; it's a lifestyle. It's a home where comfort and sophistication come together effortlessly. It offers the best of both worlds - luxury living in the heart of downtown Hopewell. The main level is home to the fabulous kitchen, formal dining room, two great rooms, and a formal living room. There is a half bath and a laundry room conveniently located on this first level. Wood flooring, high ceilings, and beautiful moulding and millwork are just a few of the special touches in this home. The second level features the expansive primary bedroom, primary bath, walk-in closet, and separate sitting room/parlor. There is also a second bedroom, full bath, and loft space on this level. The upper level is comprised of 3 additional bedrooms and a brand new gorgeous full bathroom. There is a furnished basement for extra recreational expanse as well as a large studio/bonus space over the garage. The extensive space over the garage is heated and equipped with electricity. Ideal for a workshop, home office, home gym, or anything you can imagine! The sense of community in Hopewell Borough is unparalleled, and with the town just a stroll away, you'll find charming boutiques, eateries, and cultural attractions at your fingertips. There are parks/playgrounds, walking/hiking trails, and everything a quaint town can offer. It’s a lovely place to call home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Studio, Upgraded Countertops, Wainscotting, Wet/Dry Bar
  • Fireplace Features: Wood, Insert
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Wood
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4408
  • Living Area Sq Ft: 4408
  • Price Per Sq Ft: 198.50
  • Above Grade Finished Sq Ft: 4408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • 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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL
  • Middle School: TIMBERLANE
  • High School: HOVAL HS
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL
  • High School: HOVAL HS
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Lot Size Acres: 0.51
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: R100

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22385.00
  • Assessor Parcel Number: 05-00036-00059
  • Tax Lot: 00059
  • Tax Year: 2023
  • Close Date: 12/27/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Nov 26, 2024
Sold by
Sprague Robert W and Sprague Lisa A
Bought by
Luff Connor and Luff Kristie
Seller's Agent
Alison Steffens
Coldwell Banker Hearthside
Buyer's Agent
Sita Philion
BHHS Fox & Roach - Princeton
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Views
125
Current Estimated Value
$929,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,314
Avg. Annual Appreciation
9.77%
Original Mortgage
$700,000
Outstanding Balance
$697,583
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$229,482

Purchase Details

Closed on
Jan 9, 2015
Sold by
Boyle Christopher A and Boyle Amanda W
Bought by
Sprague Robert W and Sprague Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2007
Sold by
Sprague Robert W and Sprague Lisa A
Bought by
Boyle Christopher A and Boyle Amanda W

Purchase Details

Closed on
Mar 27, 1998
Sold by
Jankoski Frank
Bought by
Sprague Robert and Sprague Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.11%
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 $875,000 Green Hill Title
Deed $875,000 Green Hill Title
Deed $650,000 Agent For First Amer Title I
Deed $590,000 --
Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $700,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $520,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $272,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $875,000 0.0% $199 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $875,000 -5.4% $199 / Sq Ft
10/06/2024 10/06/24 Price Changed $925,000 0.0% $210 / Sq Ft
10/06/2024 10/06/24 For Sale $925,000 +3.4% $210 / Sq Ft
09/06/2024 09/06/24 Off Market $895,000 -- --
06/27/2024 06/27/24 Price Changed $895,000 -10.4% $203 / Sq Ft
06/07/2024 06/07/24 For Sale $999,000 -- $227 / 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 $22,386 $676,300 $206,400 $469,900
2023 $22,386 $676,300 $206,400 $469,900
2022 $21,635 $676,300 $206,400 $469,900
2021 $21,243 $676,300 $206,400 $469,900
2020 $20,945 $676,300 $206,400 $469,900
2019 $20,634 $676,300 $206,400 $469,900
2018 $19,741 $676,300 $206,400 $469,900
2017 $19,133 $676,300 $206,400 $469,900
2016 $18,510 $676,300 $206,400 $469,900
2015 $18,632 $676,300 $206,400 $469,900
2014 $17,762 $693,300 $298,500 $394,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2044226

Bright MLS

APN: 05-00036-0000-00059