NOT LISTED FOR SALE

11 Academy Ct Pennington, NJ 08534

Estimated Value: $251,082 - $320,000

1 Bed
1 Bath
704 Sq Ft
$305/mo HOA Fee

Last Sold May 08, 2019

Last sale price $197,000 $280 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,347/month

7 Days on Market

Highlights

  • Penthouse
  • Open Floorplan
  • Balcony
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • Country Kitchen

About This Home

As of May 2019

Just one block from Main Street Pennington, this gorgeous home is sure to delight! Situated on the top floor of an old converted schoolhouse, character abounds while still enjoying modern functionality and appeal. Extraordinarily high ceilings and windows highlight this home by bringing in an abundance of natural light while still feeling cozy and warm. The open floorplan allows for the flexible decor and easy entertaining. An updated kitchen with custom wood breakfast bar and pendant lighting opens into the living room space to overlook the courtyard. A balcony is the perfect outdoor space to enjoy a quiet evening. A large master bedroom continues with high ceilings and two large windows with added loft storage space in addition to two large closets. The updated full bath features gorgeous subway tile in the shower area along with stylish grey wood-look ceramic floor tile. The in-unit full-size washer and dryer are the ideal finishing touch to such an amazing home. Nothing to do but move in! Welcome Home!

Last Agent to Sell the Property

Lauren Hamlin

Coldwell Banker Residential Brokerage - Clinton Listed on: 03/01/2019

Coldwell Banker Residential Brokerage - Clinton

Last Buyer's Agent

Meredith Milchanoski

Callaway Henderson Sotheby's Int'l-Princeton License #1541935

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1986

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 704 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Country Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Central High School

Utilities

  • Central Air
  • Electric Baseboard Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 00003 04
  • Assessor Parcel Number 08-00503 04-00003 04

Community Details

Overview

  • $610 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash
  • $150 Other One-Time Fees
  • Howco Management HOA, Phone Number (609) 896-0505
  • Academy Ct Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,534

Year Built

Built in 1986

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: personal property
  • Inclusions: refrigerator, intercom, stove/oven, ceiling fans, washer, dryer, dishwasher, balcony furniture
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Remarks Public: Just one block from Main Street Pennington, this gorgeous home is sure to delight! Situated on the top floor of an old converted schoolhouse, character abounds while still enjoying modern functionality and appeal. Extraordinarily high ceilings and windows highlight this home by bringing in an abundance of natural light while still feeling cozy and warm. The open floorplan allows for the flexible decor and easy entertaining. An updated kitchen with custom wood breakfast bar and pendant lighting opens into the living room space to overlook the courtyard. A balcony is the perfect outdoor space to enjoy a quiet evening. A large master bedroom continues with high ceilings and two large windows with added loft storage space in addition to two large closets. The updated full bath features gorgeous subway tile in the shower area along with stylish grey wood-look ceramic floor tile. The in-unit full-size washer and dryer are the ideal finishing touch to such an amazing home. Nothing to do but move in! Welcome Home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Country, Pantry, Wood Floors
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Storage Room, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 704
  • Living Area Sq Ft: 704
  • Price Per Sq Ft: 276.99
  • Above Grade Finished Sq Ft: 704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 305.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash
  • HOA Name: HOWCO MANAGEMENT
  • HOA Phone: 609-896-0505
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 150.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 610.00

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • High School: CENTRAL
  • High School Source: 3rd Party
  • School District Key: 300200397266
  • School District Source: 3rd Party
  • High School: CENTRAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 79300.00
  • Land Assessed Value: 90000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137732
  • Tax Annual Amount: 4534.00
  • Assessor Parcel Number: 08-00503 04-00003 04
  • Tax Lot: 00003 04
  • Tax Total Finished Sq Ft: 704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/08/2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 18, 2019
Sold by
Hughes Katelyn Joan and Ritter Jason
Bought by
Peters Stephanie
Seller's Agent
Lauren Hamlin
Coldwell Banker Residential Brokerage - Clinton
Buyer's Agent
Meredith Milchanoski
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$195,000
Sold Price
$197,000
Premium/Discount to List
$2,000
1.03%
Current Estimated Value
$291,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,947
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,500
Outstanding Balance
$1,330
Interest Rate
4.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$288,627

Purchase Details

Listed on
Sep 22, 2014
Closed on
Apr 10, 2015
Sold by
Distefano Sharon
Bought by
Hughes Katelyn Joan
Seller's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$179,000
Sold Price
$163,000
Premium/Discount to List
-$16,000
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$128,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
O'Connell Francis
Bought by
Distefano Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
5.4%

Purchase Details

Closed on
Mar 3, 1997
Sold by
Giacin Kenneth
Bought by
O'Connell Francis and O'Connell Genevieve
Source: Public Records

Range of Values:

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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
Peters Stephanie $197,000 Premier Service Abstract
Hughes Katelyn Joan $163,000 Weathervane Abstract
Distefano Sharon $131,000 --
O'Connell Francis $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Stephanie $1,500
Open Peters Stephanie $177,300
Previous Owner Hughes Katelyn Joan $128,000
Previous Owner Distefano Sharon $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $197,000 +1.0% $280 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $195,000 +19.6% $277 / Sq Ft
04/10/2015 04/10/15 Sold $163,000 -8.9% --
02/20/2015 02/20/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $179,000 -- --
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
2024 $5,162 $169,300 $90,000 $79,300
2023 $5,162 $169,300 $90,000 $79,300
2022 $4,798 $169,300 $90,000 $79,300
2021 $4,767 $169,300 $90,000 $79,300
2020 $4,727 $169,300 $90,000 $79,300
2019 $4,639 $169,300 $90,000 $79,300
2018 $4,534 $169,300 $90,000 $79,300
2017 $5,198 $169,300 $90,000 $79,300
2016 $4,495 $169,300 $90,000 $79,300
2015 $4,500 $169,300 $90,000 $79,300
2014 $4,405 $169,300 $90,000 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME265544

Bright MLS

APN: 08-00503-04-00003-04