NOT LISTED FOR SALE

125 W Welling Ave Pennington, NJ 08534

Estimated Value: $822,000 - $1,221,000

4 Beds
4.5 Baths
3,400 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $1,108,000 $326 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,065/month

137 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Mud Room
  • Den

About This Home

As of February 2024

Professional write up/photos coming soon.
The home boasts 4 bedrooms, 2 are primary suites, one on each level, with 2 additional ensuites on the second level. Laundry on the 2nd level. The main floor has a large kitchen with 2 islands and breakfast area and is open to the family room, dining, study, family room and mudroom and primary suite or in-law suite complete this level. Sweet front porch and rear deck. Rebuilt detached 2 car garage.

Last Agent to Sell the Property

Susan Thompson

Corcoran Sawyer Smith License #785606 Listed on: 08/27/2023

Last Buyer's Agent

Jason Freedman

RE/MAX Properties - Newtown License #2075908

RE/MAX Properties - Newtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,809

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120.00 x 132.00
  • Property is zoned R-80

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Transitional Architecture
  • Block Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 08-00706-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,809

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Inclusions: all appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-08-27
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Professional write up/photos coming soon. The home boasts 4 bedrooms, 2 are primary suites, one on each level, with 2 additional ensuites on the second level. Laundry on the 2nd level. The main floor has a large kitchen with 2 islands and breakfast area and is open to the family room, dining, study, family room and mudroom and primary suite or in-law suite complete this level. Sweet front porch and rear deck. Rebuilt detached 2 car garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Breakfast Room, Study, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 348.82
  • Above Grade Finished Sq Ft: 3400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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 E.S.
  • 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 E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 120.00 x 132.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15838.00
  • Year Assessed: 2022
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12809.00
  • Assessor Parcel Number: 08-00706-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/22/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Feb 9, 2024
Sold by
Si Mao Hai 125
Bought by
Winstead John and Li Hui
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Jason Freedman
RE/MAX Properties - Newtown
List Price
$1,186,000
Sold Price
$1,108,000
Premium/Discount to List
-$78,000
-6.58%
Views
330
Current Estimated Value
$1,073,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,046
Avg. Annual Appreciation
-2.05%
Original Mortgage
$941,800
Outstanding Balance
$926,223
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$147,731

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 15, 2021
Sold by
Gaughan Michael
Bought by
Si Mao Hai 125 Ww Llc
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Susan Thompson
Corcoran Sawyer Smith
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.28%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Chiang David
Bought by
Gaughan Michael

Purchase Details

Closed on
Oct 28, 2004
Sold by
Wells Fargo Bank
Bought by
Chiang David and Yeung Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.73%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Ritter Christine
Bought by
Mccabe Martin and Mccabe Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Winstead John $1,108,000 Fidelity National Title
Si Mao Hai 125 Ww Llc $365,000 First American Title Ins Co
Gaughan Michael $499,000 --
Chiang David $385,000 --
Mccabe Martin $220,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winstead John $941,800
Previous Owner Chiang David $308,000
Previous Owner Mccabe Martin $198,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $1,108,000 -6.6% $326 / Sq Ft
08/27/2023 08/27/23 For Sale $1,186,000 +224.9% $349 / Sq Ft
07/19/2021 07/19/21 Sold $365,000 -14.1% $173 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $425,000 -- $202 / 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 $14,695 $622,000 $309,100 $312,900
2024 $13,781 $452,000 $309,100 $142,900
2023 $13,781 $452,000 $309,100 $142,900
2022 $12,810 $452,000 $309,100 $142,900
2021 $12,728 $452,000 $309,100 $142,900
2020 $12,620 $452,000 $309,100 $142,900
2019 $12,385 $452,000 $309,100 $142,900
2018 $12,105 $452,000 $309,100 $142,900
2017 $13,876 $452,000 $309,100 $142,900
2016 $12,001 $452,000 $309,100 $142,900
2015 $12,014 $452,000 $309,100 $142,900
2014 $11,761 $452,000 $309,100 $142,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2033332

Bright MLS

APN: 08-00706-0000-00001