NOT LISTED FOR SALE

12 W Franklin Ave Pennington, NJ 08534

Estimated Value: $568,000 - $710,000

4 Beds
1.5 Baths
2,508 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $301,000 $120 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,467/month

30 Days on Market

Highlights

  • Heated Spa
  • Dutch Architecture
  • Bonus Room
  • Hopewell Valley Central High School Rated A
  • Attic
  • No HOA

About This Home

As of November 2019

Built in 1875, 12 West Franklin has not been on the market since 1957!! That's when the current owners fell in love with this magnificent semi-detached property, purchased it, and have been lovingly maintaining it ever since. Walking onto the front wrap around porch is like walking into history! As you enter the welcoming foyer, you immediately get a sense of a by gone era. You'll notice the high ceilings, beautiful large windows, and hardwood floors throughout. There is a natural flow from the living room to the dining room and into the eat in kitchen. Although some renovation work as been completed, there is more that can be done to help restore this home to what it once was! A recently updated laundry/mud room and half bath complete the main level. The 2nd level, with newly refinished hardwood floors is where you will find the main hall bath and 3 sizable bedrooms, all newly painted. At the end of the hall is a cool bonus room, which would make a fantastic office, small den, or even a possible laundry room! It also has a door leading to a balcony on the front of the house! The 3rd floor has one more bedroom ready for use. There are 2 other rooms that have been refreshed, each would make a wonderful bedroom or add to the living space, but heat would need to be added. An additional, non-heated bonus room can be found at the end of the hall. One final staircase leads to a full walk up attic, a space just begging to be finished and used! A secluded back yard, complete with a hot tub, will be the ideal spot for entertaining! This is a wonderful home, looking for an owner that can see it for what it can be! Convenient to all major roadways, 3 train stations, a regional airport, Princeton, Hopewell Boro, and New Hope, properties like this don't come on too often in Town - the size, location, low taxes, and potential make this an opportunity not to be missed!

Last Agent to Sell the Property

Jonathan Lamond

NextHome Essential Realty License #791980 Listed on: 06/24/2019

NextHome Essential Realty

Last Buyer's Agent

Tara DiBianca

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,022

Year Built

  • Built in 1875

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Dutch Architecture
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,508 Sq Ft Home
  • Property has 3 Levels
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Heated Spa

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 08-00204-00004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,022

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Year Built: 1875
  • Remarks Public: Built in 1875, 12 West Franklin has not been on the market since 1957!! That's when the current owners fell in love with this magnificent semi-detached property, purchased it, and have been lovingly maintaining it ever since. Walking onto the front wrap around porch is like walking into history! As you enter the welcoming foyer, you immediately get a sense of a by gone era. You'll notice the high ceilings, beautiful large windows, and hardwood floors throughout. There is a natural flow from the living room to the dining room and into the eat in kitchen. Although some renovation work as been completed, there is more that can be done to help restore this home to what it once was! A recently updated laundry/mud room and half bath complete the main level. The 2nd level, with newly refinished hardwood floors is where you will find the main hall bath and 3 sizable bedrooms, all newly painted. At the end of the hall is a cool bonus room, which would make a fantastic office, small den, or even a possible laundry room! It also has a door leading to a balcony on the front of the house! The 3rd floor has one more bedroom ready for use. There are 2 other rooms that have been refreshed, each would make a wonderful bedroom or add to the living space, but heat would need to be added. An additional, non-heated bonus room can be found at the end of the hall. One final staircase leads to a full walk up attic, a space just begging to be finished and used! A secluded back yard, complete with a hot tub, will be the ideal spot for entertaining! This is a wonderful home, looking for an owner that can see it for what it can be! Convenient to all major roadways, 3 train stations, a regional airport, Princeton, Hopewell Boro, and New Hope, properties like this don't come on too often in Town - the size, location, low taxes, and potential make this an opportunity not to be missed!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 4, Kitchen, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 3, Attic, Bonus Room, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2508
  • Living Area Sq Ft: 2508
  • Price Per Sq Ft: 123.60
  • Above Grade Finished Sq Ft: 2508
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched
  • Spa Features: Heated
  • Spa: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • Middle School: TIMBERLANE M.S.
  • High School: CENTRAL H.S.
  • 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: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 79600.00
  • Land Assessed Value: 257300.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Year Assessed: 2018
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137467
  • Tax Annual Amount: 9022.00
  • Assessor Parcel Number: 08-00204-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 2508
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 11/15/2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Nov 15, 2019
Sold by
Schooley Eugene M
Bought by
Neill Timothy O and Neill Kelly Ann O
Seller's Agent
Jonathan Lamond
NextHome Essential Realty
Buyer's Agent
Tara DiBianca
Coldwell Banker Hearthside
List Price
$310,000
Sold Price
$301,000
Premium/Discount to List
-$9,000
-2.9%
Current Estimated Value
$659,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,540
Avg. Annual Appreciation
14.30%
Original Mortgage
$225,750
Outstanding Balance
$200,735
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$447,393
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
Neill Timothy O $301,000 Steel House Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neill Timothy O $225,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $301,000 -2.9% $120 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $310,000 -- $124 / 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
2024 $10,272 $336,900 $257,300 $79,600
2023 $10,272 $336,900 $257,300 $79,600
2022 $9,548 $336,900 $257,300 $79,600
2021 $9,487 $336,900 $257,300 $79,600
2020 $9,406 $336,900 $257,300 $79,600
2019 $9,231 $336,900 $257,300 $79,600
2018 $9,022 $336,900 $257,300 $79,600
2017 $10,343 $336,900 $257,300 $79,600
2016 $8,945 $336,900 $257,300 $79,600
2015 $8,955 $336,900 $257,300 $79,600
2014 $8,766 $336,900 $257,300 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME281214

Bright MLS

APN: 08-00204-0000-00004