NOT LISTED FOR SALE

81 Model Ave Hopewell, NJ 08525

Estimated Value: $615,000 - $670,000

3 Beds
2.5 Baths
1,952 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $245,000 $126 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,408/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • Hopewell Valley Central High School Rated A
  • Living Room
  • Dining Room

About This Home

As of September 2014

Listing sold before processing, home was damaged when the pipes froze so this is a remodeler's project.

Last Agent to Sell the Property

Sandy Brown

(609) 468-8545 sandy.brown@foxroach.com BHHS Fox & Roach Hopewell Valley Listed on: 06/29/2014

BHHS Fox & Roach Hopewell Valley

Last Buyer's Agent

Sandy Brown

(609) 468-8545 sandy.brown@foxroach.com BHHS Fox & Roach Hopewell Valley Listed on: 06/29/2014

BHHS Fox & Roach Hopewell Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,370

Year Built

  • 1900

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 60x262
  • Property is zoned R75P

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

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

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 05-00013-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,370

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1952
  • Living Area Sq Ft: 1952
  • Net Sq Ft: 1952.00
  • Price Per Sq Ft: 140.88
  • Above Grade Finished Sq Ft: 1952
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Pool: No Pool

Garage/Parking

  • Garage Spaces: 1.00
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 4

Utilities

  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266

Lot Info

  • Improvement Assessed Value: 181300.00
  • Land Assessed Value: 262500.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 60X262
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15721.00
  • Zoning: R75P

Tax Info

  • Assessor Parcel Number: 2118142
  • Tax Annual Amount: 11370.0
  • Assessor Parcel Number: 05-00013-00007
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2014
Closed on
Sep 18, 2014
Sold by
Jacoby Dean A and Vecchia Karla J
Bought by
Ries Elizabeth and Waltman Sally
Seller's Agent
Sandy Brown
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Sandy Brown
BHHS Fox & Roach Hopewell Valley
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
$639,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,846
Avg. Annual Appreciation
8.62%
Original Mortgage
$189,600
Outstanding Balance
$145,570
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$463,714

Purchase Details

Closed on
Jul 23, 2002
Sold by
Schulte Richard
Bought by
Jacoby Dean and Vecchia Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,400
Interest Rate
6.61%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Hillegas Curtis
Bought by
Schulte Richard and Schulte Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
8.1%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Brecher Steven
Bought by
Hillegas Curtis and Hillegas Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.36%

Purchase Details

Closed on
Oct 1, 1988
Sold by
Dunn Eleanor and Dunn John F
Bought by
Dunn John Francis
Source: Public Records

Range of Values:

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Average Value
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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
Ries Elizabeth $245,000 Title Village Title Agency
Jacoby Dean $350,500 --
Schulte Richard $243,000 --
Hillegas Curtis $182,500 --
Dunn John Francis $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ries Elizabeth $189,600
Previous Owner Jacoby Dean $280,400
Previous Owner Schulte Richard $183,000
Previous Owner Hillegas Curtis $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2014 09/18/14 Sold $245,000 -10.9% $126 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $275,000 -- $141 / 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
2025 $12,349 $359,100 $210,700 $148,400
2024 $11,886 $359,100 $210,700 $148,400
2023 $11,886 $359,100 $210,700 $148,400
2022 $11,488 $359,100 $210,700 $148,400
2021 $11,279 $359,100 $210,700 $148,400
2020 $11,121 $359,100 $210,700 $148,400
2019 $10,956 $359,100 $210,700 $148,400
2018 $10,482 $359,100 $210,700 $148,400
2017 $10,159 $359,100 $210,700 $148,400
2016 $9,829 $359,100 $210,700 $148,400
2015 $9,893 $333,500 $210,700 $122,800
2014 $11,370 $443,800 $262,500 $181,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002991164

Bright MLS

APN: 05-00013-0000-00007