NOT LISTED FOR SALE

131 S Main St Pennington, NJ 08534

Estimated Value: $783,000 - $1,020,000

3 Beds
3 Baths
-- Sq Ft
0.37 Acres

Last Sold May 07, 2021

Last sale price $690,500

Est. 35% increase in value since last sale

Current estimated payment $6,842/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • 4 Fireplaces

About This Home

As of May 2021

With a front-row seat to Pennington Borough's small-town charm and annual parades, this picture-perfect 3 bedroom/3 bath home brings the absolute best of old and new together. A spectacular family room and main bedroom suite were recently added, pairing perfectly with the historical home's mid-1800's details and random width wood floors, exposed brick, and 4 fireplaces (as-is). Pride-of-place is evident in high quality upgrades that include an automatic whole-house generator, mostly replaced windows, 4 heating zones, and more. Beamed, character-filled living spaces are warm and inviting; an outfitted mudroom boasts a rolling barn door. Front and back staircases lead to an office plus 3 bedrooms; the vaulted main suite will take your breath away with incredible light, seating area, and a bath with both a shower and clawfoot tub. A covered back porch overlooks a beautifully-planted, play-friendly yard, and a detached 2-car garage with a separate workshop. Take advantage of ample off-street parking and opt for a classic hometown stroll to quality eateries, the library, and a sweet toy shop!

Last Agent to Sell the Property

Kathryn Baxter

Callaway Henderson Sotheby's Int'l-Princeton License #446951 Listed on: 02/05/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Margaret 'Peggy' Baldwin

Callaway Henderson Sotheby's Int'l-Princeton License #7865840

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,562

Year Built

  • Built in 1839

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R-80

Parking

  • 2 Car Detached Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • 4 Fireplaces
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 08-00601-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,562

Year Built

Built in 1839

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tesla charging station in garage
  • Inclusions: All Kitchen Appliances, Washer and Dryer, Light Fixtures
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2021-02-06
  • Year Built: 1839
  • Automatically Close On Close Date: No
  • Remarks Public: With a front-row seat to Pennington Borough's small-town charm and annual parades, this picture-perfect 3 bedroom/3 bath home brings the absolute best of old and new together. A spectacular family room and main bedroom suite were recently added, pairing perfectly with the historical home's mid-1800's details and random width wood floors, exposed brick, and 4 fireplaces (as-is). Pride-of-place is evident in high quality upgrades that include an automatic whole-house generator, mostly replaced windows, 4 heating zones, and more. Beamed, character-filled living spaces are warm and inviting; an outfitted mudroom boasts a rolling barn door. Front and back staircases lead to an office plus 3 bedrooms; the vaulted main suite will take your breath away with incredible light, seating area, and a bath with both a shower and clawfoot tub. A covered back porch overlooks a beautifully-planted, play-friendly yard, and a detached 2-car garage with a separate workshop. Take advantage of ample off-street parking and opt for a classic hometown stroll to quality eateries, the library, and a sweet toy shop!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bedroom 1, Mud Room, Office, Attic, Full Bath
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type, Wood Siding
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Baseboard - Hot Water, Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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: HOPEWELL
  • 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: HOPEWELL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Improvement Assessed Value: 263500.00
  • Land Assessed Value: 365500.00
  • Lot Size Acres: 0.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138161
  • Tax Annual Amount: 17561.68
  • Assessor Parcel Number: 08-00601-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 4, 2021
Sold by
Fredericks Bruce F
Bought by
Vanravenstein Lucas and Lopez Nuria Pellicer
Seller's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Margaret 'Peggy' Baldwin
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$675,000
Sold Price
$690,500
Premium/Discount to List
$15,500
2.3%
Current Estimated Value
$932,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,688
Avg. Annual Appreciation
7.33%
Original Mortgage
$73,130
Outstanding Balance
$66,835
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$857,469

Purchase Details

Closed on
Jun 19, 2003
Sold by
Cain Pamela
Bought by
Fredericks Bruce and Fredericks Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.34%
Source: Public Records

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Range of Values:

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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
Vanravenstein Lucas $690,500 Cortes & Hay Title Agcy Inc
Fredericks Bruce $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanravenstein Lucas $73,130
Closed Vanravenstein Lucas $73,130
Open Vanravenstein Lucas $548,250
Previous Owner Fredericks Bruce F $350,000
Previous Owner Fredericks Bruss F $384,000
Previous Owner Fredericks Bruce F $40,000
Previous Owner Fredericks Bruce F $360,000
Previous Owner Fredericks Bruce $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $690,500 +2.3% --
02/08/2021 02/08/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $675,000 -- --
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 $19,788 $649,000 $263,500 $385,500
2023 $19,788 $649,000 $263,500 $385,500
2022 $17,826 $629,000 $263,500 $365,500
2021 $14,226 $505,200 $263,500 $241,700
2020 $14,105 $505,200 $263,500 $241,700
2019 $13,842 $505,200 $263,500 $241,700
2018 $13,529 $505,200 $263,500 $241,700
2017 $15,510 $505,200 $263,500 $241,700
2016 $13,413 $505,200 $263,500 $241,700
2015 $13,428 $505,200 $263,500 $241,700
2014 $13,145 $505,200 $263,500 $241,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME307402

Bright MLS

APN: 08-00601-0000-00008