NOT LISTED FOR SALE

1469 Pennington Rd Ewing, NJ 08618

Glendale Neighborhood

Estimated Value: $283,982 - $424,000

Studio
-- Bath
1,800 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $155,000 $86 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,346/month

118 Days on Market

About This Home

As of May 2018

Attention investors! Easy sale, nice return on your investment. Turn key rental with stable tenants. A clear township C.O. will be provided. DO NOT DISTURB TENANTS. Please drive by the exterior and review financials prior to requesting a showing. Gas/electric are separately metered; Owner pays water/sewer. Rents total 2225 per month and first floor tenant currently uses garage.

Last Agent to Sell the Property

Joni Truch

(609) 883-7300 mschulte@actionusa.com Action USA Market Realtors Listed on: 08/24/2017

Last Buyer's Agent

Michael Jarvis

(609) 493-5450 jonathan@nexthomeessentialrealty.com NextHome Essential Realty License #1542006

NextHome Essential Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1940

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 50x347

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Partial Basement

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 02-00297-00009

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,390
  • Maintenance Expense $1,377
  • Operating Expense $10,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,070

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 88.83
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2210.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 70500.00
  • Land Assessed Value: 41800.00
  • Lot Size Acres: 0.40
  • Lot Dimensions: 50X347
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17354.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 26700.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2078643
  • Tax Annual Amount: 6070.00
  • Assessor Parcel Number: 02-00297-00009
  • Tax Lot: 00009
  • Tax Year: 2017

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2017
Closed on
May 16, 2018
Sold by
Hunterdon Rentals Llc
Bought by
Ballantyne Akobi
Seller's Agent
Joni Truch
Action USA Market Realtors
Buyer's Agent
Michael Jarvis
NextHome Essential Realty
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$347,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,496
Avg. Annual Appreciation
11.05%
Original Mortgage
$156,610
Outstanding Balance
$136,274
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$211,222

Purchase Details

Closed on
May 25, 2011
Sold by
Letter Perfect Homes Inc
Bought by
Hunterdon Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Letter Perfect Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2010
Sold by
Goodchild Michelle E and Barlow Charles
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 31, 2006
Sold by
Lichon Keith
Bought by
Goodchild Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
6.26%

Purchase Details

Closed on
Jul 19, 1998
Sold by
Garzio Louis
Bought by
Lichon Keith

Purchase Details

Closed on
Dec 11, 1991
Sold by
Garzio Louis M and Garzio Melanie C
Bought by
Garzio Louis Michael

Purchase Details

Closed on
Nov 3, 1989
Sold by
Garzio Garzio L and Garzio Melanie C
Bought by
Garzio Garzio L and Garzio Melanie C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ballantyne Akobi $159,500 Sterling Title Agency
Hunterdon Rentals Llc -- None Available
Letter Perfect Homes Inc $125,000 None Available
Hsbc Bank Usa National Association -- None Available
Goodchild Michelle $322,000 --
Lichon Keith $45,000 --
Garzio Louis Michael -- --
Garzio Garzio L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballantyne Akobi $156,610
Previous Owner Hunterdon Rentals Llc $1,015,000
Previous Owner Letter Perfect Homes Inc $50,000
Previous Owner Goodchild Michelle $257,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $155,000 -3.1% $86 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $159,900 -- $89 / Sq Ft
Source: Bright MLS

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 $6,017 $153,000 $58,200 $94,800
2024 $5,656 $153,000 $58,200 $94,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joni Truch

    Action USA Market Realtors

    Section Image
  • Michael Jarvis

    Buyer's Agent in 2018

    Michael Jarvis

    NextHome Essential Realty

    (609) 638-1748

    20 Total Sales

    Michael Jarvis
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001763619

Bright MLS

APN: 02-00297-0000-00009

New Jersey Mercer County Ewing 08618 Glendale

1469 Pennington Rd, Ewing, NJ

Not Listed for Sale

MultiFamily

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