NOT LISTED FOR SALE

2 Timkak Ln Pennington, NJ 08534

Estimated Value: $996,000 - $1,225,000

5 Beds
5 Baths
3,610 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $626,500 $174 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,774/month

Highlights

  • In Ground Pool
  • 3.29 Acre Lot
  • Wood Flooring
  • Hopewell Valley Central High School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of July 2019

A Generously Scaled Georgian near Quaint Pennington DowntownOn a winding road in a neighborhood of broad lawns and open green space, a modern take on a grandly scaled Georgian-styled home awaits. Set back on three-plus acres, this home offers plenty of flexibility in terms of livability. A two-bedroom suite on the lower level is ready to welcome in-laws, au pair or older children. A dedicated home office helps defray property taxes. A room off the master bedroom offers many possibilities, including nursery, sitting area or second walk-in closet. Entering through the front door into the grand, two-story foyer, take in the carpeted den to the left, the wood-floored dining room to the right, and the turned staircase ahead. Solid stained crown molding and trim add a classic elegance in many of the room s high-ceilinged rooms. Beyond the foyer, a very spacious kitchen with center island and loads of counter space opens on one side to the family room with gas fireplace, wet bar and boxed ceiling beams, and on the other side to a semi-private suite and mud room/laundry room entry. The home office, at the front of the home, connects to the family room. Through the kitchen s glass wall and French door, glimpse a raised deck that overlooks a hardscaped backyard with kidney-shaped pool and romantic gazebo. (Additional space for entertaining is available in the finished basement with powder room.) Upstairs there is a generous master with sitting room and bath and walk-in closet. Three other nice-sized bedrooms share a hall bath with double vanity. An attached two-car garage, ample closet space throughout the home, and basement storage (with Bilco doors leading out) guarantee easy access to holiday d cor and out-of-season items. Conveniently located within minutes to Hamilton train station and major commuter routes like 95, 295 and Route 1, this home offers easy access to Princeton (just eight miles away!), Trenton, New York and Philadelphia, plus the many parks and open preserves that dot Pennington. The home is also within strolling distance of Timberlane Middle School, Hopewell Central High School, the Pennington School (private) and the adorable Pennington downtown, which is frequently named one of New Jersey s quaintest for its boutiques, restaurants and overall happy vibe. Private well and septic recently tested and ready for closing.

Last Agent to Sell the Property

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith License #785606 Listed on: 04/22/2019

Co-Listed By

Susan DeHaven

(609) 468-3899 sdehaven@corcoranss.com Corcoran Sawyer Smith

Last Buyer's Agent

Dorothy Donovan

(302) 293-9801 dotdonovan@kw.com Keller Williams Real Estate-Langhorne License #1644811

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,475

Year Built

  • Built in 1988

Lot Details

  • 3.29 Acre Lot
  • Property is zoned VRC

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,610 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Finished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • In Ground Pool

Schools

  • Timberlane Middle School
  • Central High School

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • The Ridings Subdivision

Listing and Financial Details

  • Tax Lot 00004 12
  • Assessor Parcel Number 06-00089-00004 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,475

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Remarks Public: A Generously Scaled Georgian near Quaint Pennington DowntownOn a winding road in a neighborhood of broad lawns and open green space, a modern take on a grandly scaled Georgian-styled home awaits. Set back on three-plus acres, this home offers plenty of flexibility in terms of livability. A two-bedroom suite on the lower level is ready to welcome in-laws, au pair or older children. A dedicated home office helps defray property taxes. A room off the master bedroom offers many possibilities, including nursery, sitting area or second walk-in closet. Entering through the front door into the grand, two-story foyer, take in the carpeted den to the left, the wood-floored dining room to the right, and the turned staircase ahead. Solid stained crown molding and trim add a classic elegance in many of the room s high-ceilinged rooms. Beyond the foyer, a very spacious kitchen with center island and loads of counter space opens on one side to the family room with gas fireplace, wet bar and boxed ceiling beams, and on the other side to a semi-private suite and mud room/laundry room entry. The home office, at the front of the home, connects to the family room. Through the kitchen s glass wall and French door, glimpse a raised deck that overlooks a hardscaped backyard with kidney-shaped pool and romantic gazebo. (Additional space for entertaining is available in the finished basement with powder room.) Upstairs there is a generous master with sitting room and bath and walk-in closet. Three other nice-sized bedrooms share a hall bath with double vanity. An attached two-car garage, ample closet space throughout the home, and basement storage (with Bilco doors leading out) guarantee easy access to holiday d cor and out-of-season items. Conveniently located within minutes to Hamilton train station and major commuter routes like 95, 295 and Route 1, this home offers easy access to Princeton (just eight miles away!), Trenton, New York and Philadelphia, plus the many parks and open preserves that dot Pennington. The home is also within strolling distance of Timberlane Middle School, Hopewell Central High School, the Pennington School (private) and the adorable Pennington downtown, which is frequently named one of New Jersey s quaintest for its boutiques, restaurants and overall happy vibe. Private well and septic recently tested and ready for closing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Game Room, Family Room, Den, Study, In-Law/AuPair/Suite, Laundry, Bathroom 3
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance
  • Basement Footprint Percent: 100.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 3610
  • Living Area Sq Ft: 3610
  • Price Per Sq Ft: 179.78
  • Above Grade Finished Sq Ft: 3610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Pool Features: In Ground
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Middle School: TIMBERLANE
  • High School: CENTRAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 325600.00
  • Land Assessed Value: 355800.00
  • Lot Size Acres: 3.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 143312.00
  • Year Assessed: 2018
  • Zoning: VRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2124902
  • Tax Annual Amount: 19475.00
  • Assessor Parcel Number: 06-00089-00004 12
  • Tax Lot: 00004 12
  • Tax Total Finished Sq Ft: 3610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/26/2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 26, 2019
Sold by
Faherty Robert and Faherty Nancy C
Bought by
Cavanaugh Brian Sullivan and Cavanaugh Lauren
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Dorothy Donovan
Keller Williams Real Estate-Langhorne
List Price
$649,000
Sold Price
$626,500
Premium/Discount to List
-$22,500
-3.47%
Current Estimated Value
$1,140,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,888
Avg. Annual Appreciation
10.07%
Original Mortgage
$563,787
Outstanding Balance
$493,009
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$647,379

Purchase Details

Closed on
Oct 26, 2007
Sold by
Chase Bank
Bought by
Faherty Nancy and Faherty Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Wachovia Bk and American Trading Co
Bought by
Jpmorgan Chase Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.42%
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
Cavanaugh Brian Sullivan $626,500 Fidelity National Ttl Ins Co
Faherty Nancy $600,000 --
Faherty Nancy $600,000 --
Jpmorgan Chase Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh Brian Sullivan $563,787
Previous Owner Faherty Nancy $410,000
Previous Owner Jpmorgan Chase Bk --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $626,500 -3.5% $174 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $649,000 -- $180 / 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
2025 $21,512 $681,400 $355,800 $325,600
2024 $20,824 $681,400 $355,800 $325,600
2023 $20,824 $681,400 $355,800 $325,600
2022 $20,394 $681,400 $355,800 $325,600
2021 $20,844 $681,400 $355,800 $325,600
2020 $20,340 $681,400 $355,800 $325,600
2019 $19,842 $681,400 $355,800 $325,600
2018 $19,474 $681,400 $355,800 $325,600
2017 $18,943 $681,400 $355,800 $325,600
2016 $17,907 $681,400 $355,800 $325,600
2015 $18,091 $681,400 $355,800 $325,600
2014 $17,716 $681,400 $355,800 $325,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME277058

Bright MLS

APN: 06-00089-0000-00004-12