NOT LISTED FOR SALE

16 Michael Way Pennington, NJ 08534

Estimated Value: $1,332,106 - $1,507,000

5 Beds
5 Baths
4,114 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 16 Michael Way, Pennington, NJ 08534 and is currently estimated at $1,411,277, approximately $343 per square foot. 16 Michael Way is a home located in Mercer County with nearby schools including Hopewell Valley Central High School, Pennington Montessori School, and The Laurel School of Princeton.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 1995
Sold by
Anganos David
Bought by
Barbhaiya Rashmi
Current Estimated Value
$1,411,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Outstanding Balance
$1,165
Interest Rate
7.33%
Estimated Equity
$1,410,112

Purchase Details

Closed on
Jul 11, 1994
Sold by
Chowdhury Bhanwarlal
Bought by
Barbahaiya Rashmi and Barbahaiya Abhilashia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
8.19%

Purchase Details

Closed on
Jun 30, 1988
Sold by
Rock Hill Builders Inc
Bought by
Chowdhury Bharwarlal
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Barbhaiya Rashmi $61,000 --
Barbahaiya Rashmi $550,000 --
Chowdhury Bharwarlal $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbhaiya Rashmi $43,000
Previous Owner Barbahaiya Rashmi $393,000
Source: Public Records

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 $24,183 $766,000 $318,600 $447,400
2024 $23,409 $766,000 $318,600 $447,400
2023 $23,409 $766,000 $318,600 $447,400
2022 $22,926 $766,000 $318,600 $447,400
2021 $23,432 $766,000 $318,600 $447,400
2020 $22,865 $766,000 $318,600 $447,400
2019 $21,348 $733,100 $318,600 $414,500
2018 $20,952 $733,100 $318,600 $414,500
2017 $20,380 $733,100 $318,600 $414,500
2016 $19,266 $733,100 $318,600 $414,500
2015 $22,050 $830,500 $358,400 $472,100
2014 $21,593 $830,500 $358,400 $472,100
Source: Public Records

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