20 E Welling Ave Pennington, NJ 08534
Estimated Value: $1,145,000 - $1,305,000
6
Beds
4.5
Baths
3,470
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- 2 Car Detached Garage
- Hopewell Valley Central High School Rated A
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of October 2023A meticulously restored and maintained 3-story Craftsman-style home built in 1925, with cherry woodwork, 8-over-1 windows, solid cherry wood doors with glass doorknobs, hardwood floors and a full studio apartment, is now available on a broad tree-lined road in Pennington.
The attention to detail inside and out must be seen to be believed. From the brick paver walkway, step onto a mahogany porch that spans the width of the home and is deep enough for two seating areas with table and chairs. Scarlet trumpet vine and blue hydrangea provide pops of summertime color.
A French door with sidelights opens into a spacious foyer. Extra-wide doorways lead into the dining room on the left and the living room on the right, where a wood-burning fireplace stands at the ready for cozy winter evenings. At the back of the home, a den with checkered floor looks out on landscaped backyard and small koi pond; nearby, an eat-in kitchen with granite-topped island shares space with a family room. Abundant cherry cabinets, granite countertops and a spacious pantry provide all the prep and storage space you need, with stainless steel appliances rounding out the space. A powder room with pedestal sink is conveniently near all the first-floor rooms.
On the second floor, a spacious laundry room with cabinets (upper and lower) and utility sink is easily accessed by all of the bedrooms. The master suite enjoys the privacy of a spa bath with sunken soaking tub and glass-walled shower with a built-in bench. French doors open to a balcony that spans that back of the home. Three additional bedrooms share an updated hall bath with a charming vintage flair to it.
The renovated attic space, currently in use as an office but also suitable for a playroom or bedroom, has a full bath with clawfoot tub, twin skylights and plenty of closet space.
A 750 square foot, fully equipped studio apartment with kitchen, washer and dryer, and full bath is above the detached 2-car garage, offering income potential or private dwelling for au pair, college student, home office or yoga studio. Completing the garage is a workspace at the back, and an attached shed at the side with access from inside and out.
Location wise, the home is within strolling distance of Pennington’s quaint downtown and Tollgate Grammar School. It also offers an easy commute to Lambertville, Hopewell and Princeton, as well as quick access to major commuter routes and train stations with service to Philadelphia and New York City.
Last Agent to Sell the Property
Corcoran Sawyer Smith License #785606 Listed on: 07/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,121
Year Built
- Built in 1930
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 80.00 x 200.00
- Property is in excellent condition
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Traditional Architecture
- Block Foundation
Interior Spaces
- 3,470 Sq Ft Home
- Property has 3 Levels
- Wood Burning Fireplace
- Laundry on upper level
- Unfinished Basement
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Tollgate Elementary School
- Timberlane Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08-01002-00023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Oct 3, 2023
Sold by
Lewis Craig and Lewis Antonia
Bought by
Recchia Michael A and Fippinger Carolyn A
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Susan Thompson
Corcoran Sawyer Smith
List Price
$1,049,000
Sold Price
$1,100,000
Premium/Discount to List
$51,000
4.86%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,982
Avg. Annual Appreciation
4.58%
Original Mortgage
$825,000
Outstanding Balance
$810,268
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$375,078
Purchase Details
Closed on
Oct 15, 2004
Purchase Details
Closed on
Mar 1, 2001
Sold by
Tarangioli Dorothy
Bought by
White Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.01%
Similar Homes in Pennington, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Recchia Michael A | $1,100,000 | None Listed On Document | |
| -- | $565,000 | -- | |
| White Grace | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Recchia Michael A | $825,000 | |
| Previous Owner | Lewis Craig | $361,100 | |
| Previous Owner | Lewis Craig | $300,000 | |
| Previous Owner | Lewis Craig | $275,000 | |
| Previous Owner | Lewis Craig | $417,000 | |
| Previous Owner | Lewis Craig | $150,000 | |
| Previous Owner | Lewis Craig | $417,000 | |
| Previous Owner | Lewis Craig | $150,000 | |
| Previous Owner | White Grace | $273,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2023 10/18/23 | Sold | $1,100,000 | +4.9% | $317 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $1,049,000 | -- | $302 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $22,724 | $745,300 | $320,000 | $425,300 |
| 2023 | $22,724 | $745,300 | $320,000 | $425,300 |
| 2022 | $21,122 | $745,300 | $320,000 | $425,300 |
| 2021 | $20,988 | $745,300 | $320,000 | $425,300 |
| 2020 | $20,809 | $745,300 | $320,000 | $425,300 |
| 2019 | $20,421 | $745,300 | $320,000 | $425,300 |
| 2018 | $19,959 | $745,300 | $320,000 | $425,300 |
| 2017 | $22,881 | $745,300 | $320,000 | $425,300 |
| 2016 | $19,788 | $745,300 | $320,000 | $425,300 |
| 2015 | $19,810 | $745,300 | $320,000 | $425,300 |
| 2014 | $19,393 | $745,300 | $320,000 | $425,300 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Thompson
Seller's Agent in 2023
Susan Thompson
Corcoran Sawyer Smith
(609) 638-7700
91 in this area
170 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2032666
APN: 08-01002-0000-00023
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