NOT LISTED FOR SALE

15 Tara Way Pennington, NJ 08534

Estimated Value: $1,290,000 - $2,280,000

5 Beds
8 Baths
5,716 Sq Ft
$312/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $1,300,000 $227 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $12,909/month

99 Days on Market

Highlights

  • Wooded Lot
  • Marble Flooring
  • Cathedral Ceiling
  • Hopewell Valley Central High School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of January 2013

Custom luxury home nestled on almost seven acres in Hopewell's desirable Elm Ridge Park. This spacious home features formal living and dining room, large family room with fireplace and vaulted ceiling and Ultra Chef's kitchen with separate dinette room overlooking the rear yard. Also on the first level is an in-law suite, full bath, two powder rooms and a library area. The second level features a large loft overlooking the family room, four bedrooms and a sitting room with fireplace off the master bedroom. Also on the second level is a large laundry room. The third level offers a loft, recreation room and full bath. Dual staircase lead to the second level and basement. Also included is a custom blue stone rear patio, three car attached garage and two car detached garage. This spectacular home has many custom details and upgrades. Convenient to major routes and shopping.

Last Agent to Sell the Property

Roxanne Gennari

Coldwell Banker Residential Brokerage-Princeton Jct License #341387 Listed on: 07/30/2012

Coldwell Banker Residential Brokerage-Princeton Jct

Last Buyer's Agent

Yakenya Moise

Corcoran Sawyer Smith License #1109887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,402

Year Built

  • Built in 2010

Lot Details

  • 6.77 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R150

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,716 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Heating System Uses Propane
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Propane Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by LANDMARK AT HOPEWELL
  • Elm Ridge Park Subdivision, Country Whartn Floorplan

Listing and Financial Details

  • Tax Lot 00015 06
  • Assessor Parcel Number 06-00043 24-00015 06

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,402

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2010
  • Remarks Public: Custom luxury home nestled on almost seven acres in Hopewell's desirable Elm Ridge Park. This spacious home features formal living and dining room, large family room with fireplace and vaulted ceiling and Ultra Chef's kitchen with separate dinette room overlooking the rear yard. Also on the first level is an in-law suite, full bath, two powder rooms and a library area. The second level features a large loft overlooking the family room, four bedrooms and a sitting room with fireplace off the master bedroom. Also on the second level is a large laundry room. The third level offers a loft, recreation room and full bath. Dual staircase lead to the second level and basement. Also included is a custom blue stone rear patio, three car attached garage and two car detached garage. This spectacular home has many custom details and upgrades. Convenient to major routes and shopping.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Central Vacuum, Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5716
  • Living Area Sq Ft: 5716
  • Net Sq Ft: 5716.00
  • Price Per Sq Ft: 243.18
  • Above Grade Finished Sq Ft: 5716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Shingle Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Energy Star Cooling System
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Propane, Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: HOPEWELL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 833300.00
  • Land Assessed Value: 337900.00
  • Lot Features: Cul-De-Sac, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 6.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 294901.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: R150

Green Features

  • R Factor Ceilings: 30
  • R Factor Ext Walls: 22

Building Info

  • Builder Name: LANDMARK AT HOPEWELL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120966
  • Tax Annual Amount: 28402.00
  • Assessor Parcel Number: 06-00043 24-00015 06
  • Tax Lot: 00015 06
  • Tax Year: 2012
  • Close Date: 01/18/2013

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2012
Closed on
Dec 27, 2012
Sold by
Wilson Surf Llc
Bought by
Hughes Richard and Sutherland Hughes Nicole
Seller's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Yakenya Moise
Corcoran Sawyer Smith
List Price
$1,390,000
Sold Price
$1,300,000
Premium/Discount to List
-$90,000
-6.47%
Current Estimated Value
$1,781,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,794
Avg. Annual Appreciation
2.23%
Original Mortgage
$775,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2012
Sold by
Nini Property Investments Management Lp
Bought by
National Capital Managemnt Lp

Purchase Details

Closed on
Sep 16, 2010
Sold by
Landmark At Hopewell Llc
Bought by
Nini Property Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Hughes Richard -- None Available
National Capital Managemnt Lp -- None Available
Nini Property Investment Llc $1,375,000 None Available
Nini Property Investment Llc $1,375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Richard $508,000
Closed Hughes Richard $45,800
Closed Hughes Richard $775,000
Previous Owner Nini Property Investments Llc $1,600,000
Previous Owner Nini Property Investment Llc $1,250,000
Previous Owner Landmark At Hopewell Llc $1,100,000
Previous Owner Landmark At Hopewell Llc $3,362,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $1,300,000 -6.5% $227 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $1,390,000 -- $243 / 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 $35,792 $1,171,200 $337,900 $833,300
2023 $35,792 $1,171,200 $337,900 $833,300
2022 $35,054 $1,171,200 $337,900 $833,300
2021 $35,827 $1,171,200 $337,900 $833,300
2020 $34,960 $1,171,200 $337,900 $833,300
2019 $34,105 $1,171,200 $337,900 $833,300
2018 $33,473 $1,171,200 $337,900 $833,300
2017 $32,559 $1,171,200 $337,900 $833,300
2016 $30,779 $1,171,200 $337,900 $833,300
2015 $31,095 $1,171,200 $337,900 $833,300
2014 $30,451 $1,171,200 $337,900 $833,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004050602

Bright MLS

APN: 06-00043-24-00015-06