NOT LISTED FOR SALE

18 Academy Ct Pennington, NJ 08534

Estimated Value: $427,000 - $494,000

2 Beds
2.5 Baths
-- Sq Ft
$340/mo HOA Fee

Last Sold May 10, 2024

Last sale price $392,000

Est. 20% increase in value since last sale

Current estimated payment $3,555/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Halls are 36 inches wide or more
  • Hopewell Valley Central High School Rated A
  • Balcony
  • Wood Siding

About This Home

As of May 2024

Nestled within the charming confines of Pennington’s Academy Court, this spacious home extends a warm invitation with its quaint grassy courtyard, offering a glimpse into the serene lifestyle awaiting within. Boasting two bedrooms and the enticing possibility of a third, courtesy of a den complete with a closet, this condo promises versatility to accommodate evolving needs over time. Stepping inside, one is greeted by the timeless elegance of hardwood floors that grace the living room, adorned with a wood-burning fireplace and Juliet balconies, infusing the space with natural light and a sense of airy openness. A full balcony off the dining room provides an idyllic setting for al fresco dining or leisurely mornings spent savoring the tranquil surroundings. Two practical storage closets line the hallway to the powder room, along with an additional storage closet on the landing leading to the upper level where the bedrooms await. Both bedrooms offer the luxury of en suite facilities, ensuring privacy and comfort. The primary bedroom impresses with its spacious walk-in closet and skylight, adding a touch of celestial charm, while the second bedroom features a generous double closet. Academy Court epitomizes effortless living, perfectly situated in the heart of the Borough. Its enviable location ensures convenience, mere blocks from the Borough’s hub and overlooking the esteemed Pennington School, with ample community parking.

Last Agent to Sell the Property

Cathy Nemeth

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7859353 Listed on: 02/23/2024

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Nicholas Lamson

(609) 883-4161 david@depaola.com David DePaola and Company Real Estate License #1756855

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,460

Year Built

  • Built in 1986

Lot Details

  • 1,045

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Hv Central High School

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Additional Features

  • Halls are 36 inches wide or more
  • Balcony

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 08-00503 02-00002

Community Details

Overview

  • Association fees include all ground fee, lawn care front, snow removal, trash
  • Academy Ct Subdivision

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,460

Year Built

Built in 1986

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-23
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Street Lights, Sidewalks
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 340.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Lawn Care Front, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: HV CENTRAL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: R-80

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7460.00
  • Assessor Parcel Number: 08-00503 02-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 10, 2024
Sold by
Zambrano Joseph A and Oconnor Meghan
Bought by
Appleby Paul C
Seller's Agent
Cathy Nemeth
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Nicholas Lamson
David DePaola and Company Real Estate
List Price
$398,500
Sold Price
$392,000
Premium/Discount to List
-$6,500
-1.63%
Views
56
Current Estimated Value
$471,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,480
Avg. Annual Appreciation
11.40%
Original Mortgage
$292,000
Outstanding Balance
$287,835
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$183,645

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 19, 2018
Sold by
Staloff Tatiana C and Staloff Darren
Bought by
Zambrano Joseph A and Connor Meghan O
Seller's Agent
Sita Philion
Redfin
Buyer's Agent
Sita Philion
Redfin
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Faber Peter and Faber Kathryn H
Bought by
Staloff Tatiana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2004
Sold by
Kerney Lincoln
Bought by
Faber Peter and Faber Kathryn

Purchase Details

Closed on
Dec 17, 2002
Sold by
O'Leary Robert
Bought by
Kerney Ii T Lincoln

Purchase Details

Closed on
Aug 30, 2001
Sold by
Didario Joann
Bought by
O'Leary Robert

Purchase Details

Closed on
May 11, 1998
Sold by
Ross Andrew
Bought by
Dadario Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.05%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Decease Mary L Rees
Bought by
Ross Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Appleby Paul C $392,000 Empire Title & Abstract
Appleby Paul C $392,000 Empire Title & Abstract
Zambrano Joseph A $265,000 Multiple
Staloff Tatiana C $275,000 --
Faber Peter $321,000 --
Kerney Ii T Lincoln $213,000 --
O'Leary Robert $202,325 --
Dadario Joann $158,700 --
Ross Andrew A $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appleby Paul C $292,000
Closed Appleby Paul C $292,000
Previous Owner Zambrano Joseph A $198,750
Previous Owner Staloff Tatiana C $175,000
Previous Owner Dadario Joann $126,000
Previous Owner Ross Andrew A $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $392,000 -1.6% --
03/07/2024 03/07/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $398,500 +50.4% --
06/29/2018 06/29/18 Sold $265,000 -3.6% $139 / Sq Ft View Prior Sale
04/23/2018 04/23/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $275,000 0.0% $145 / Sq Ft
04/11/2018 04/11/18 For Sale $275,000 0.0% $145 / Sq Ft
07/15/2017 07/15/17 Rented $2,200 -2.2% --
06/29/2017 06/29/17 Under Contract -- -- --
05/31/2017 05/31/17 For Rent $2,250 +15.4% --
09/27/2014 09/27/14 Rented $1,950 0.0% --
09/15/2014 09/15/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $1,950 -- --
Source: Bright MLS

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 $8,560 $263,300 $100,000 $163,300
2024 $8,028 $263,300 $100,000 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2039766

Bright MLS

APN: 08-00503-02-00002