NOT LISTED FOR SALE

Estimated Value: $836,000 - $886,000

-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Last Sold February 26, 2016

Last sale price $376,000

Est. 129% increase in value since last sale

Current estimated payment $6,182/month

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Hopewell Valley Central High School Rated A
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of February 2016

PRICE REDUCTION! BACK ON THE MARKET! CONTRACT FELL THROUGH DUE TO COMMERCIAL VARIANCE ISSUES! tWO UNITS ARE BOTH RESIDENTIAL! WANT TO BE UNDER CONTRACT BY END OF THE YEAR! Two units in one of Hopewell's most standout properties! The "yellow" house, longtime home to the Hopewell Frame Shop, is divided into two residential units by floor, each separately metered for electric and gas. Take a step back in time with 10ft ceilings, glass paned French doors, hidden pocket doors and bay windows. Each level has its' own laundry and that extra room that makes it special; downstairs it is the beautiful dining room, upstairs is the large eat-in kitchen and study off the master bedroom. The first floor fireplace has tile work from Trenton tile, the main roof is slate in great condition, and a wraparound porch perfect for watching the parade pass by completes the picture. There are vintage shutters, Yankee gutters, walk-up attic, water proofed basement, off street parking and detached garage with lots of room for everything. Live on one level and rent the other - pay yourself!

Last Agent to Sell the Property

Mary Jane Kent

(609) 273-3337 mjbkent@gmail.com David DePaola and Company Real Estate License #0454611 Listed on: 09/21/2015

Last Buyer's Agent

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,244

Year Built

  • Built in 1890

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 63x193

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces

Schools

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

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 05-00014-00028

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $800
  • Other Expense $1,000
  • Operating Expense $16,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,244

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Stained Glass Hanging Lamp In First Floor Hallway
  • Inclusions: Washers, Dryers, Refrigerators
  • New Construction: No
  • Other Expense: 1000.00
  • Year Built: 1890
  • Remarks Public: PRICE REDUCTION! BACK ON THE MARKET! CONTRACT FELL THROUGH DUE TO COMMERCIAL VARIANCE ISSUES! tWO UNITS ARE BOTH RESIDENTIAL! WANT TO BE UNDER CONTRACT BY END OF THE YEAR! Two units in one of Hopewell's most standout properties! The "yellow" house, longtime home to the Hopewell Frame Shop, is divided into two residential units by floor, each separately metered for electric and gas. Take a step back in time with 10ft ceilings, glass paned French doors, hidden pocket doors and bay windows. Each level has its' own laundry and that extra room that makes it special; downstairs it is the beautiful dining room, upstairs is the large eat-in kitchen and study off the master bedroom. The first floor fireplace has tile work from Trenton tile, the main roof is slate in great condition, and a wraparound porch perfect for watching the parade pass by completes the picture. There are vintage shutters, Yankee gutters, walk-up attic, water proofed basement, off street parking and detached garage with lots of room for everything. Live on one level and rent the other - pay yourself!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Street Number Modifier: 24

Exterior Features

  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1320.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 183800.00
  • Land Assessed Value: 260600.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 63X193
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12159.00
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2118184
  • Tax Annual Amount: 12244.00
  • Assessor Parcel Number: 05-00014-00028
  • Tax Lot: 00028
  • Tax Year: 2015
  • Close Date: 02/26/2016

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Johnson Melvin M and Johnson Caroline N
Bought by
Johnson Melvin M
Current Estimated Value
$860,866

Purchase Details

Closed on
Oct 15, 2004
Sold by
Mckinley Robert
Bought by
Johnson Melvin and Johnson Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,600
Interest Rate
5.8%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Schlotfeldt Walter
Bought by
Mckinley Robert and Braswell Tama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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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
Johnson Melvin M -- None Listed On Document
Johnson Melvin M -- None Listed On Document
Johnson Melvin $567,000 --
Mckinley Robert $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Melvin $447,500
Previous Owner Johnson Melvin $127,323
Previous Owner Johnson Carolin $88,600
Previous Owner Johnson Melvin $453,600
Previous Owner Mckinley Robert $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $376,000 -10.3% --
01/01/2016 01/01/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $419,000 -- --
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 $19,626 $570,700 $240,600 $330,100
2024 $18,890 $570,700 $240,600 $330,100
2023 $18,890 $570,700 $240,600 $330,100
2022 $18,257 $570,700 $240,600 $330,100
2021 $17,926 $570,700 $240,600 $330,100
2020 $17,675 $570,700 $240,600 $330,100
2019 $17,412 $570,700 $240,600 $330,100
2018 $16,659 $570,700 $240,600 $330,100
2017 $16,145 $570,700 $240,600 $330,100
2016 $15,620 $570,700 $240,600 $330,100
2015 $15,723 $570,700 $240,600 $330,100
2014 $14,091 $550,000 $300,800 $249,200
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1002704986

Bright MLS

APN: 05-00014-0000-00022