NOT LISTED FOR SALE

17 Baker Way Pennington, NJ 08534

Estimated Value: $1,194,000 - $1,527,864

5 Beds
6.5 Baths
-- Sq Ft
2.17 Acres

Last Sold July 21, 2023

Last sale price $1,100,000

Est. 30% increase in value since last sale

Current estimated payment $10,508/month

21 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 2.17 Acre Lot
  • Colonial Architecture
  • Hopewell Valley Central High School Rated A
  • Dual Staircase
  • Conservatory Room

About This Home

As of July 2023

This impressive home is situated on a vast circular driveway dotted with lighted stone stanchions in a neighborhood filled with grand Hopewell homes. Enter inside and be greeted by an imposing center hall and an interior that matches the elegance of the exterior. The home boasts ornate moldings, soaring ceilings, and a well-designed layout that will leave you inspired. The formal dining room showcases decorative ceilings and shadowbox trim, while the well-appointed living room opens into a conservatory with a wet bar, making it perfect for entertaining. The large family room, situated beyond a butterfly staircase, features a fireplace flanked by two stories of windows. A home office is adjacent to a full bathroom, and there is also a half bathroom near the chef’s dream of a kitchen. More than ample space for cooking and dining, atrium doors, and multiple windows offering stunning views of the lush green lawn and patio beyond, make this space a pleasure to cook and create in. The laundry/mudroom is conveniently located near the three-car garage and downstairs, the basement is ready to be finished with an already-installed bathroom. Just bring some sheetrock! Upstairs, a broad hall leads to four or five bedrooms – take your pick. All are en suite. The main bedroom is particularly indulgent, with a sitting room, massive walk-in closets, and a luxurious bathroom featuring a whirlpool tub and freestanding shower. The second bedroom connects to a “bonus room” which stretches over the conservatory. This space could serve as another bedroom, playroom, homework room, or hobby space depending on your needs. With a little love, this expansive, value-packed home holds so many possibilities and should not be missed. Luxury awaits a keen eye! NOTE: The Seller makes no representations or warranties as to the condition of the Property, improvements, or appurtenances, and that the property is sold "AS IS - WHERE IS". All standard or pre-printed warranties and representations concerning property conditions shall be deleted. Only Owner/Occupant can submit an offer in the next 30 days and Buyer will have to sign an affidavit to attest to that. commission split up to $999,999 is 2.5% for each side. If sale price is $1,000,000 or over then commission split is 2.1% for listing side and 2% for selling side. Escrow shall not be less than 1% of purchase price.

Last Agent to Sell the Property

Anne Setzer

Callaway Henderson Sotheby's Int'l-Lambertville License #0897592 Listed on: 06/02/2023

Callaway Henderson Sotheby's Int'l-Lambertville

Last Buyer's Agent

Sujaya Rao

Century 21 Abrams & Associates, Inc. License #2187330

Century 21 Abrams & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,435

Year Built

  • Built in 2003

Lot Details

  • 2.17 Acre Lot
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 8 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Marble Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Conservatory Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Exterior Lighting

Utilities

  • 90% Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance
  • Integra Mgt. Corp HOA
  • High Pointe At Hop Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 06-00062 02-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,435

Year Built

Built in 2003

Lot Details

0

HOA Fees

$98 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Additional Stairway, Attic, Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar
  • Fireplace Features: Fireplace - Glass Doors, Marble, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Bonus Room, Conservatory Room, Primary Bathroom, Full Bath, Half Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished, Poured Concrete
  • Laundry Type: Main Floor, Hookup
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Street Lights
  • Roof: Asphalt
  • 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: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 295.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: INTEGRA MGT. CORP
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 94525.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 30435.00
  • Assessor Parcel Number: 06-00062 02-00009
  • Tax Lot: 00009
  • Tax Year: 2022
  • Close Date: 07/21/2023

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 27, 2023
Sold by
Bank Of America Na
Bought by
Rao Sridutta R and Rao Sujaya R
Seller's Agent
Anne Setzer
Callaway Henderson Sotheby's Int'l-Lambertville
Buyer's Agent
Sujaya Rao
Century 21 Abrams & Associates, Inc.
List Price
$999,999
Sold Price
$1,100,000
Premium/Discount to List
$100,001
10%
Views
47
Current Estimated Value
$1,428,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,346
Avg. Annual Appreciation
10.34%
Original Mortgage
$700,000
Outstanding Balance
$683,641
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$663,612

Purchase Details

Closed on
Apr 26, 2022
Sold by
Prempeh Comfort K
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 30, 2013
Sold by
Metroworx Llc
Bought by
Shaikh Seemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,494
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
High Pointe
Bought by
Prempeh Comfort

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.69%
Source: Public Records

Range of Values:

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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
Rao Sridutta R -- None Listed On Document
Rao Sridutta R -- None Listed On Document
Bank Of America Na -- Kemler John A
Shaikh Seemi $215,000 None Available
Prempeh Comfort $910,442 --
-- $910,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Sridutta R $700,000
Previous Owner Shaikh Seemi $131,494
Previous Owner -- $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,100,000 +10.0% --
06/23/2023 06/23/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $999,900 0.0% --
06/02/2023 06/02/23 For Sale $999,999 -- --
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 $31,076 $1,016,900 $265,800 $751,100
2023 $31,076 $1,016,900 $265,800 $751,100
2022 $30,436 $1,016,900 $265,800 $751,100
2021 $31,107 $1,016,900 $265,800 $751,100
2020 $30,354 $1,016,900 $265,800 $751,100
2019 $30,369 $1,042,900 $291,800 $751,100
2018 $31,567 $1,104,500 $291,800 $812,700
2017 $30,705 $1,104,500 $291,800 $812,700
2016 $29,026 $1,104,500 $291,800 $812,700
2015 $29,324 $1,104,500 $291,800 $812,700
2014 $28,717 $1,104,500 $291,800 $812,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2030930

Bright MLS

APN: 06-00062-02-00009