NOT LISTED FOR SALE

16 Fanning Way Pennington, NJ 08534

Estimated Value: $832,000 - $891,663

5 Beds
2.5 Baths
2,586 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $475,000 $184 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,217/month

113 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Community Pool
  • Hopewell Valley Central High School Rated A
  • Corner Lot
  • Family Room Off Kitchen

About This Home

As of July 2020

Just Reduced and motivated seller!!!! One of the only 5 Bedroom homes available in Smiths Crossings at Brandon Farms. Over 2500 square feet of living space! From the minute you walk in the door you are going to love the openness of the floor plan, and the brightness of the rooms. Upon entering the formal living room which flows into the formal dining room with new window treatments, you can see how a good size family would feel right at home here.The kitchen hosts a new dishwasher, refrigerator, stove and center island that opens up to the family room. A spacious laundry on main level and half bath provides convenience.The second floor is impressive in its own right boasting a Master Suite with en-suite spa bath cathedral ceilings, and 2 walk-in closets. Four additional robust bedrooms, and a full bath round out the upstairs.Great sized finished basement could be easily made into a play room or man s cave and houses a new 75-gallon water heater.A two-car garage has ample room for storage. Enjoy evenings with guests and entertaining in the back yard with a custom-built stone patio and plenty of room to cook!Included is the transfer of solar panels that will help considerably to keep the costs down.Heating and Airconditioning have a 93% efficiency rating. Township C/O obtained. Commuters delight with easy access to the I95 corridor, Phila, Princeton & trains to NYC.Call to see this beautiful home today!

Last Agent to Sell the Property

CHARLES AUER

BHHS Fox & Roach - Princeton License #NJ-0226701 Listed on: 02/10/2020

BHHS Fox & Roach - Princeton

Last Buyer's Agent

CHARLES AUER

BHHS Fox & Roach - Princeton License #NJ-0226701 Listed on: 02/10/2020

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,510

Year Built

  • Built in 1997

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,586 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Alarm System

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Washer

Finished Basement

  • Interior Basement Entry
  • Shelving
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Solar owned by seller

Outdoor Features

  • Patio

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-00078 40-00034

Community Details

Overview

  • Brandon Farms Poa
  • Built by Hovanian
  • Smiths Crossings Subdivision, Douglas Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,510

Year Built

Built in 1997

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Hunter Fans in all the bedrooms, High Efficiency Washer and Dryer, Big Screen TV, Shelving in Basement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-02-10
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Refrigerator, Washer
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Carpet, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished, Daylight, Full, Interior Access, Shelving
  • Basement Finished Percent: 95.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 2586
  • Living Area Sq Ft: 2586
  • Price Per Sq Ft: 192.96
  • Above Grade Finished Sq Ft: 2586
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 60.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Name: BRANDON FARMS POA
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: STONY BROOK E.S.
  • Middle School: TIMBERLANE
  • 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: STONY BROOK E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Green Features

  • Efficiency: Appliances
  • Green Power: Pv Solar Array(s) Owned

Building Info

  • Builder Name: Hovanian

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 14510.00
  • Assessor Parcel Number: 06-00078 40-00034
  • Tax Year: 2019
  • Close Date: 07/20/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 16, 2020
Sold by
John Rene R and John Andrea L
Bought by
Park Jooyoung
Seller's Agent
CHARLES AUER
BHHS Fox & Roach - Princeton
Buyer's Agent
CHARLES AUER
BHHS Fox & Roach - Princeton
List Price
$518,000
Sold Price
$475,000
Premium/Discount to List
-$43,000
-8.3%
Current Estimated Value
$893,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,058
Original Mortgage
$356,250
Outstanding Balance
$324,221
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2006
Sold by
Hughes Donald
Bought by
John Rene and John Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
6.24%

Purchase Details

Closed on
Sep 30, 1996
Sold by
K Hovnanian At Hope
Bought by
Hughes Donald and Hughes Ivar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
7.9%
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
Park Jooyoung $475,000 Title Evolution Llc
John Rene $535,000 --
Hughes Donald $238,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jooyoung $356,250
Previous Owner John Rene R $432,000
Previous Owner John Rene R $381,900
Previous Owner John Rene $401,250
Previous Owner Hughes Donald $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $475,000 -4.8% $184 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $499,000 -2.2% $193 / Sq Ft
04/28/2020 04/28/20 Price Changed $510,000 -1.5% $197 / Sq Ft
02/10/2020 02/10/20 For Sale $518,000 -- $200 / 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 $15,680 $526,500 $190,200 $336,300
2023 $15,680 $513,100 $176,800 $336,300
2022 $15,357 $513,100 $176,800 $336,300
2021 $15,243 $498,300 $162,000 $336,300
2020 $14,874 $498,300 $162,000 $336,300
2019 $14,511 $498,300 $162,000 $336,300
2018 $14,241 $498,300 $162,000 $336,300
2017 $13,853 $498,300 $162,000 $336,300
2016 $13,095 $498,300 $162,000 $336,300
2015 $13,230 $498,300 $162,000 $336,300
2014 $12,956 $498,300 $162,000 $336,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME291546

Bright MLS

APN: 06-00078-40-00034