$163,000
SOLD APR 10, 2015

11 Academy Ct Pennington, NJ 08534

1 Bed
1 Bath
-- Sq Ft
$280/mo HOA Fee

Recently Sold

9% Below List Price

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Hopewell Valley Central High School Rated A
  • Balcony
  • Living Room

About This Home

As of May 2019

This lovely one-bedroom condo with private study which can be used as a second bedroom is conveniently located across from The Pennington School in the heart of the Borough near all the quaint shops, eateries and stores. A covered entry lead you into this handsome brick building, once part of an old school house. This second floor unit provides high ceilings and plenty of large windows and transoms for lots of natural lighting. Wood floors and a Pottery Barn paint palette lend a touch of modern day elegance. The functional kitchen opens off the main living area as well as a roomy private study. Down a short hall is the full bath and nicely-sized bedroom. A glass door off the Living Room opens to a private balcony that has been festooned with colorful annual plantings ? ideal for that early morning coffee of just a pleasant area to relax after a long day of work. This building has basement storage - Located to all the major commuter routes ? enjoy a carefree lifestyle in this lovely functional and inviting space.

Last Agent to Sell the Property

Kathryn Baxter

(516) 521-7771 kbaxter@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #446951 Listed on: 09/22/2014

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Kathryn Baxter

(516) 521-7771 kbaxter@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #446951 Listed on: 09/22/2014

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1986

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in good condition

Community Details

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

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,405

Year Built

Built in 1986

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Washer, Dryer And Refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Remarks Public: This lovely one-bedroom condo with private study which can be used as a second bedroom is conveniently located across from The Pennington School in the heart of the Borough near all the quaint shops, eateries and stores. A covered entry lead you into this handsome brick building, once part of an old school house. This second floor unit provides high ceilings and plenty of large windows and transoms for lots of natural lighting. Wood floors and a Pottery Barn paint palette lend a touch of modern day elegance. The functional kitchen opens off the main living area as well as a roomy private study. Down a short hall is the full bath and nicely-sized bedroom. A glass door off the Living Room opens to a private balcony that has been festooned with colorful annual plantings ? ideal for that early morning coffee of just a pleasant area to relax after a long day of work. This building has basement storage - Located to all the major commuter routes ? enjoy a carefree lifestyle in this lovely functional and inviting space.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 2
  • Levels Count: 3+
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 11

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • 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, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 280.00
  • 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
  • School District Key: 300200397266

Lot Info

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

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137732
  • Tax Annual Amount: 4405.00
  • Assessor Parcel Number: 08-00503 04-00003 04
  • Tax Lot: 00003 04
  • Tax Year: 2014
  • Close Date: 04/10/2015

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
$300,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,917
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,500
Outstanding Balance
$1,319
Interest Rate
4.1%
Mortgage Type
Stand Alone Second
Estimated Equity
$284,952

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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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 $197,000 Premier Service Abstract
Deed $163,000 Weathervane Abstract
Deed $131,000 --
Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500 Stand Alone Second
Open $177,300 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $71,000 No Value Available
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
2025 $5,504 $169,300 $90,000 $79,300
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: 1003091856

Bright MLS

APN: 08-00503-04-00003-04