$185,000
SOLD JUN 27, 2014

1 Academy Ct Unit 1 Pennington, NJ 08534

2 Beds
2 Baths
1,387 Sq Ft
$305/mo HOA Fee

Recently Sold

$133 Per Sq Ft

7% Below List Price

Highlights

  • Traditional Architecture
  • Patio
  • En-Suite Primary Bedroom
  • Hopewell Valley Central High School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2015

Savvy Buyers -Seller has just pulled out all the stops- UNBELIEVABLE New $185K "BUY IT NOW" Price Act now on this absolutely superb bargain for this sought after Pennington & Hopewell Valley Schools location. Incredible window of opportunity that almost never comes along in the up-tick of a Spring market. Everything else you've seen is either $$ thousands more or hundreds of Sq Ft smaller or both. At this bold price point you could have the best of all worlds- being able to afford more easily to not only buy but also personalize this uncommonly huge 1387 Sq Ft 2 bdrm 2bath condo with very house-like corner exposure and feel. See if you qualify for Wells Fargo special condo financing as low as 2% down and no Private Mortgage Insurance.(Qualified buyers) Accompanying Virtual tour for viewing. Additional information requests encouraged and appointments/tours welcomed. All measurements/dimensions approximate.

Last Agent to Sell the Property

Mr. John D Weatherby JR.

jayw@optonline.net Cardinal Real Estate Services License #7872692 Listed on: 01/29/2014

Last Buyer's Agent

Philip Robbins

probbins8541@weichert.com Weichert Realtors - Princeton License #TREND:60051527

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1986

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,387 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Built-In Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Walk-in Shower

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 00001 01
  • Assessor Parcel Number 08-00503 04-00001 01

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash, management
  • $610 Other One-Time Fees
  • Academy Ct Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,678

Year Built

Built in 1986

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: All Other Personalty
  • Inclusions: Stainless Refrig, Range , Washer Dryer
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Year Renovated: 1986
  • Remarks Public: Savvy Buyers -Seller has just pulled out all the stops- UNBELIEVABLE New $185K "BUY IT NOW" Price Act now on this absolutely superb bargain for this sought after Pennington & Hopewell Valley Schools location. Incredible window of opportunity that almost never comes along in the up-tick of a Spring market. Everything else you've seen is either $$ thousands more or hundreds of Sq Ft smaller or both. At this bold price point you could have the best of all worlds- being able to afford more easily to not only buy but also personalize this uncommonly huge 1387 Sq Ft 2 bdrm 2bath condo with very house-like corner exposure and feel. See if you qualify for Wells Fargo special condo financing as low as 2% down and no Private Mortgage Insurance.(Qualified buyers) Accompanying Virtual tour for viewing. Additional information requests encouraged and appointments/tours welcomed. All measurements/dimensions approximate.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Primary Bath(s), Elevator, Stall Shower
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1387
  • Living Area Sq Ft: 1387
  • Net Sq Ft: 1387.00
  • Price Per Sq Ft: 133.38
  • Above Grade Finished Sq Ft: 1387
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Electric Backup, Forced Air, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 305.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Management
  • HOA: No

Fee Information

  • Other Fees: 610.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Improvement Assessed Value: 139600.00
  • Land Assessed Value: 90000.00
  • Lot Features: Level
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137722
  • Tax Annual Amount: 5678.00
  • Assessor Parcel Number: 08-00503 04-00001 01
  • Tax Lot: 00001 01
  • Tax Year: 2013
  • Close Date: 06/27/2014

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 25, 2014
Sold by
Ziegler Joseph and Ziegler Mary E
Bought by
Martin Michael
Seller's Agent
Mr. John D Weatherby JR.
Cardinal Real Estate Services
Buyer's Agent
Philip Robbins
Weichert Realtors - Princeton
List Price
$198,900
Sold Price
$185,000
Premium/Discount to List
-$13,900
-6.99%
Current Estimated Value
$438,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,858
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Dec 2, 2012
Sold by
Ziegler David L and Ziegler Suzanne M
Bought by
Ziegler Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,031
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2009
Sold by
Wittkop William Jeffrey
Bought by
Ziegler David L and Ziegler Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,800
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1995
Sold by
Ireland Mildred
Bought by
Wittkop Doris R
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 Type Sale Price Title Company
Deed $185,000 Agent For Westcor Land Title
Interfamily Deed Transfer -- None Available
Deed $200,000 None Available
Deed $128,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,031 FHA
Previous Owner $162,800 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $668,000 -3.0% $247 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $689,000 +272.4% $255 / Sq Ft
06/27/2014 06/27/14 Sold $185,000 0.0% $133 / Sq Ft
04/02/2014 04/02/14 Price Changed $185,000 -4.6% $133 / Sq Ft
03/04/2014 03/04/14 Price Changed $193,900 -2.5% $140 / Sq Ft
01/29/2014 01/29/14 For Sale $198,900 -- $143 / 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 $7,464 $229,600 $90,000 $139,600
2024 $7,001 $229,600 $90,000 $139,600
2023 $7,001 $229,600 $90,000 $139,600
2022 $6,507 $229,600 $90,000 $139,600
2021 $6,466 $229,600 $90,000 $139,600
2020 $6,410 $229,600 $90,000 $139,600
2019 $6,291 $229,600 $90,000 $139,600
2018 $6,149 $229,600 $90,000 $139,600
2017 $7,049 $229,600 $90,000 $139,600
2016 $6,096 $229,600 $90,000 $139,600
2015 $6,103 $229,600 $90,000 $139,600
2014 $5,974 $229,600 $90,000 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002793566

Bright MLS

APN: 08-00503-04-00001-01