NOT LISTED FOR SALE

70 Model Ave Hopewell, NJ 08525

Estimated Value: $510,000 - $532,000

3 Beds
1.5 Baths
1,434 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2023

Last sale price $405,000 $282 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,707 / mo

2 Days on Market

Highlights

  • Colonial Architecture
  • Engineered Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Hopewell Valley Central High School Rated A
  • No HOA
  • East Facing Home

About This Home

As of April 2023

The covered front porch greets you and welcomes you into this well maintained charming older home. The bright dining room with bay window overlooks the updated kitchen with abundant t counter space and cabinetry. The hallway flows to the rear family room with extensive custom built-in bookshelves. Atrium door overlooks the fenced in rear yard and large patio. A half bath/laundry is off the family room. The spacious living room has a stairway to the second floor with three bedrooms and a full bath. Nicely located in town, this home is just a few short blocks to parks, shopping and restaurants. In town living at its best.

Last Agent to Sell the Property

Lois Grieves

(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington Listed on: 02/24/2023

Corcoran Sawyer Smith - Pennington

Last Buyer's Agent

Susan DeHaven

(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,361

Year Built

  • Built in 1885

Lot Details

  • 10,711 Sq Ft Lot
  • Lot Dimensions are 45.00 x 0.00
  • East Facing Home
  • Property is in very good condition
  • Property is zoned R75P

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,434 Sq Ft Home
  • Property has 2 Levels
  • Engineered Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 05-00011-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,361

Year Built

Built in 1885

Lot Details

10,711 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, microwave, washer and dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1885
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Engineered Wood, Hardwood
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1434
  • Living Area Sq Ft: 1434
  • Price Per Sq Ft: 284.52
  • Above Grade Finished Sq Ft: 1434
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

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: 154900.00
  • Land Assessed Value: 175000.00
  • Lot Size Acres: 0.25
  • Lot Dimensions: 45.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10711.00
  • Property Condition: Very Good
  • Zoning: R75P

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118102
  • Tax Annual Amount: 10361.00
  • Assessor Parcel Number: 05-00011-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 27, 2023
Sold by
Ellis Blanche S
Seller's Agent
Lois Grieves
Corcoran Sawyer Smith - Pennington
Buyer's Agent
Susan DeHaven
Corcoran Sawyer Smith - Pennington
List Price
$408,000
Sold Price
$405,000
Premium/Discount to List
-$3,000
-0.74%
Views
37
Current Estimated Value
$520,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,570
Avg. Annual Appreciation
8.79%

Purchase Details

Listed on
Jul 26, 2012
Closed on
Sep 28, 2012
Sold by
Hutnik William and Hutnik Amy
Bought by
Ellis Blanche S
Seller's Agent
LEWIS EDGE
Corcoran Sawyer Smith - Princeton
Buyer's Agent
Lois Grieves
Corcoran Sawyer Smith - Pennington
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2005
Sold by
Holsten Robert
Bought by
Hutnik William and Hutnik Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
-- -- Stewart Title
Redacted Upon Request -- Stewart Title
Ellis Blanche S $349,000 None Available
Hutnik William $339,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Blanche S $250,000
Previous Owner Hutnik William $226,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $405,000 -0.7% $282 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $408,000 +16.9% $285 / Sq Ft
09/28/2012 09/28/12 Sold $349,000 0.0% $243 / Sq Ft View Prior Sale
09/26/2012 09/26/12 Pending -- -- --
08/13/2012 08/13/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $349,000 -- $243 / 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 $11,345 $329,900 $175,000 $154,900
2024 $10,920 $329,900 $175,000 $154,900
2023 $10,920 $329,900 $175,000 $154,900
2022 $10,554 $329,900 $175,000 $154,900
2021 $10,362 $329,900 $175,000 $154,900
2020 $10,217 $329,900 $175,000 $154,900
2019 $10,065 $329,900 $175,000 $154,900
2018 $9,630 $329,900 $175,000 $154,900
2017 $9,333 $329,900 $175,000 $154,900
2016 $9,029 $329,900 $175,000 $154,900
2015 $9,089 $329,900 $175,000 $154,900
2014 $8,759 $341,900 $214,300 $127,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2027102

Bright MLS

APN: 05-00011-0000-00009

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