NOT LISTED FOR SALE

10 Arvida Dr Pennington, NJ 08534

Estimated Value: $1,102,000 - $1,335,000

4 Beds
3.5 Baths
-- Sq Ft
1.38 Acres

Last Sold April 10, 2023

Last sale price $1,100,000

Est. 13% increase in value since last sale

Current estimated payment $8,814/month

5 Days on Market

Highlights

  • Saltwater Pool
  • Colonial Architecture
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of April 2023

Dramatic living spaces that were renovated and expanded have only been made more beautiful under current ownership in this Elm Ridge Park standout home. The addition created a contemporary kitchen with a breakfast room and a family room that opens via French doors to the pool. Fresh paint, refinished wood floors, and a waterproofed and newly finished basement have further upgraded those enhancements. The main suite was also renovated and designed to pamper with a gas fireplace, large walk-in closets, a home office – reached via a second staircase - and an updated luxury bathroom. There are three more bright bedrooms and two additional bathrooms on the second floor along with a full-sized laundry room. Take your pick of entertaining spaces on the main level, along with a second home office (currently used as a guest space) and a large mudroom with built-in cubbies and shelves. The updated saltwater pool is heated for those early summer swims. A huge side yard beyond the fenced backyard is perfect for all sorts of sports and games. The basement includes spaces for play, and media, with another finished room that would be perfect for hobbies or a home gym. This home is as must-see as they come!

Last Agent to Sell the Property

Deborah Lane

Callaway Henderson Sotheby's Int'l-Princeton License #119763 Listed on: 02/16/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Amy Schaefer

Callaway Henderson Sotheby's Int'l-Princeton License #1220855

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,533

Year Built

  • Built in 1976

Lot Details

  • 1.38 Acre Lot
  • Partially Fenced Property
  • Property is zoned R150

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Built-In Features
  • Recessed Lighting
  • Fireplace
  • Bay Window
  • Family Room Off Kitchen
  • Wood Flooring
  • Finished Basement
  • Water Proofing System

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 06-00043 17-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,533

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: All personal belongings.
  • Inclusions: All appliances, blinds, washer and dryer as exist, sofa in MBR
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-02-16
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: Dramatic living spaces that were renovated and expanded have only been made more beautiful under current ownership in this Elm Ridge Park standout home. The addition created a contemporary kitchen with a breakfast room and a family room that opens via French doors to the pool. Fresh paint, refinished wood floors, and a waterproofed and newly finished basement have further upgraded those enhancements. The main suite was also renovated and designed to pamper with a gas fireplace, large walk-in closets, a home office – reached via a second staircase - and an updated luxury bathroom. There are three more bright bedrooms and two additional bathrooms on the second floor along with a full-sized laundry room. Take your pick of entertaining spaces on the main level, along with a second home office (currently used as a guest space) and a large mudroom with built-in cubbies and shelves. The updated saltwater pool is heated for those early summer swims. A huge side yard beyond the fenced backyard is perfect for all sorts of sports and games. The basement includes spaces for play, and media, with another finished room that would be perfect for hobbies or a home gym. This home is as must-see as they come!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Dishwasher, Microwave, Stainless Steel Appliances, Washer, Dryer, Water Heater
  • Interior Amenities: Built-Ins, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace: Yes
  • Foundation Details: Block, Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Water Proofing System
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Brick
  • Exterior Features: Exterior Lighting
  • Pool Features: Heated, Saltwater
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: HV CENTRAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL E.S.
  • High School: HV CENTRAL
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 483000.00
  • Land Assessed Value: 319000.00
  • Lot Size Acres: 1.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60113.00
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120861
  • Tax Annual Amount: 24533.00
  • Assessor Parcel Number: 06-00043 17-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/10/2023

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 27, 2023
Sold by
Record Owenr
Seller's Agent
Deborah Lane
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Amy Schaefer
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Views
26
Current Estimated Value
$1,240,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,048
Avg. Annual Appreciation
6.36%
Original Mortgage
$727,000
Outstanding Balance
$703,824
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$570,918

Purchase Details

Closed on
Apr 29, 2021
Sold by
Karademir Ayse
Bought by
Karademir Ayse and Harrington Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 14, 2020
Sold by
Oconnor Michael and Oconnor Martha
Bought by
Karademir Ayse
Seller's Agent
Deborah Lane
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$232,100
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 1999
Sold by
Malyk Bohdan
Bought by
O'Connor Michael and O'Connor Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.61%
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
-- $1,100,000 Old Republic Title
Karademir Ayse -- First Equity Title
Karademir Ayse $825,000 Foundation Title Llc
O'Connor Michael $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Given Name Not $727,000
Previous Owner Karademir Ayse $751,500
Previous Owner Karademir Ayse $548,250
Previous Owner Karademir Ayse $232,100
Previous Owner Karademir Ayse $510,400
Previous Owner Oconnor Michael E $535,000
Previous Owner O'Connor Michael $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $1,100,000 +10.6% --
02/22/2023 02/22/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $995,000 +20.6% --
07/20/2020 07/20/20 Sold $825,000 -2.9% --
05/23/2020 05/23/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $850,000 -- --
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 $25,319 $802,000 $319,000 $483,000
2024 $24,509 $802,000 $319,000 $483,000
2023 $24,509 $802,000 $319,000 $483,000
2022 $24,004 $802,000 $319,000 $483,000
2021 $24,533 $802,000 $319,000 $483,000
2020 $23,940 $802,000 $319,000 $483,000
2019 $23,354 $802,000 $319,000 $483,000
2018 $22,921 $802,000 $319,000 $483,000
2017 $22,296 $802,000 $319,000 $483,000
2016 $21,077 $802,000 $319,000 $483,000
2015 $21,293 $755,200 $319,000 $436,200
2014 $19,635 $755,200 $319,000 $436,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2026722

Bright MLS

APN: 06-00043-17-00004