$400,000
SOLD APR 26, 2013

17 Tara Way Pennington, NJ 08534

4.76 Acres
$84,034 Price per Acre
207,346 Sq Ft Lot

Recently Sold

50% Below List Price

692 Days on Market

Highlights

  • No HOA
  • Hopewell Valley Central High School Rated A
  • En-Suite Primary Bedroom

About This Lot

As of April 2013

Almost 5 acres on one of the most fabulous lots in Hopewell Twp off West Shore Drive in fabulous Elm Ridge Park just minutes from downtown Princeton, Rt 1, 95, & 206. This lot is ready for you to build your dream home. Backs to heavy woods, septic field and tanks in place for up to 7 bedrooms, 1000 gallon propane tank installed, stone entry piers wired for lights, paved entry apron, storm drainage system tied to inlets on Tara Way in place, electrical wires in place, & rear yard conduit system in place for future connections.

Last Agent to Sell the Property

Roberta Parker

BHHS Fox & Roach - Princeton Listed on: 03/04/2011

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Walter Klim

RE/MAX Results Realty License #7940653

RE/MAX Results Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,128

Lot Details

  • 4.76 Acre Lot
  • The property's topography is level
  • Property is zoned R150

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

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

Utilities

  • Well
  • Approved Septic System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 00015 07
  • Assessor Parcel Number 06-00043 24-00015 07

Property Details

Property Type

Land

Est. Annual Taxes

$8,128

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 2.17
  • Street Number Modifier: 17

Exterior Features

  • Construction Completed: No
  • Exterior Features: Street Lights
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, Septic Exists, On Site Septic
  • 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

  • Lot Size Acres: 4.76
  • Lot Dimensions: 0X0, LotWidth:225 X LotDepth:600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 207346.00
  • Topography: Level
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8128.00
  • Assessor Parcel Number: 06-00043 24-00015 07
  • Tax Lot: 00015 07
  • Tax Year: 2012
  • Close Date: 04/26/2013

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Patel Jigar A and Patel Hemal G
Bought by
Hemal Desai Patel Living Trust and Desai-Patel
Current Estimated Value
$1,989,409

Purchase Details

Listed on
Apr 26, 2013
Closed on
Apr 18, 2013
Sold by
Easton Robert J
Bought by
Patel Jigar A and Patel Hemal G
Seller's Agent
Roberta Parker
BHHS FOX & ROACH
Buyer's Agent
Walter Klim
RE/MAX RESULTS REALTY
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$1,089,168
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2009
Sold by
Landmark At Hopewell Llc
Bought by
Easton Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed $400,000 None Available
Deed $500,000 Trans County Title Agency Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $934,020 New Conventional
Previous Owner $1,089,168 Construction
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $400,000 0.0% --
04/26/2013 04/26/13 Sold $400,000 -50.0% --
01/24/2013 01/24/13 Pending -- -- --
03/04/2011 03/04/11 For Sale $800,000 -- --
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 $41,357 $1,353,300 $335,200 $1,018,100
2023 $41,357 $1,353,300 $335,200 $1,018,100
2022 $38,909 $1,300,000 $335,200 $964,800
2021 $39,767 $1,300,000 $335,200 $964,800
2020 $38,805 $1,375,000 $335,200 $1,039,800
2019 $42,236 $1,450,400 $335,200 $1,115,200
2018 $40,878 $1,430,300 $335,200 $1,095,100
2017 $39,762 $1,430,300 $335,200 $1,095,100
2016 $37,588 $1,430,300 $335,200 $1,095,100
2015 $37,974 $1,430,300 $335,200 $1,095,100
2014 $37,188 $335,200 $335,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004308600

Bright MLS

APN: 06-00043-24-00015-07