NOT LISTED FOR SALE

20 Michael Way Pennington, NJ 08534

Estimated Value: $1,156,639 - $1,554,000

4 Beds
2.5 Baths
4,045 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $785,000 $194 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,152/month

Highlights

  • Water Oriented
  • 2.85 Acre Lot
  • Deck
  • Hopewell Valley Central High School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2012

A stately brick front colonial set on a beautiful lot in a quiet neighborhood within walking distance of schools and shops. This stunning home has been redone with over 250K of upgrades from top to bottom. The kitchen has been expanded and remodeled with everything a cook and entertainer could ask for. Two dishwashers, two refrigerators, prep sink, pantry , huge curved island with seating for 7. Quartz countertops with 6 burner gas cooktop and double wall ovens. Bathrooms have recently been redone and are impressive. Master bath has programmable shower with multiple heads that you can control by remote or inshower. Beautiful views abound from all windows of this home. From the repaved driveway lined by Belgian blocks to the new stone sitting wall with ambiant lighting to the huge Trex deck with barbecue area every detail of this home has been painstakingly designed and executed Finished basement adds another 1200 sq ft of living space. New furnaces and A/C. Close to all schools, and easy access to I-95

Last Agent to Sell the Property

Pamela Gillmett

(609) 731-1274 pgillmett@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #123716 Listed on: 11/19/2011

Callaway Henderson Sotheby's Int'l-Princeton

Co-Listed By

JANIENE BAXTER

janienebaxter@gmail.com Callaway Henderson Sotheby's Int'l-Pennington

Last Buyer's Agent

Jo Ann Parla

(609) 731-3065 japarla@comcast.net Coldwell Banker Residential Brokerage-Princeton Jct

Coldwell Banker Residential Brokerage-Princeton Jct

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,158

Year Built

  • Built in 1988

Lot Details

  • 2.85 Acre Lot
  • Creek or Stream
  • Property is in good condition
  • Property is zoned VRC

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 4,045 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Water Oriented
  • Deck

Location

  • Property is near a creek

Schools

  • Bear Tavern Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004 07
  • Assessor Parcel Number 06-00089-00004 07

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,158

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Attic/House Fan, Water Treat System, Kitchen - Eat-In
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4045
  • Living Area Sq Ft: 4045
  • Net Sq Ft: 4045.00
  • Price Per Sq Ft: 215.82
  • Above Grade Finished Sq Ft: 4045
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Roof: Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: BEAR TAVERN
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: BEAR TAVERN
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 409200.00
  • Land Assessed Value: 347000.00
  • Lot Size Acres: 2.85
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 124146.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: VRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2124897
  • Tax Annual Amount: 17158.00
  • Assessor Parcel Number: 06-00089-00004 07
  • Tax Lot: 00004 07
  • Tax Year: 2011
  • Close Date: 02/14/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2011
Closed on
Feb 12, 2012
Sold by
Daniels James and Pouriche Daniels Armelle
Bought by
Ernst Kevin J and Ernst Kimberly C
Seller's Agent
Pamela Gillmett
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Jo Ann Parla
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$873,000
Sold Price
$785,000
Premium/Discount to List
-$88,000
-10.08%
Current Estimated Value
$1,363,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,410
Avg. Annual Appreciation
4.12%
Original Mortgage
$475,000
Outstanding Balance
$325,424
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,037,986

Purchase Details

Closed on
Apr 19, 2002
Sold by
Sharak Robert
Bought by
Daniels James and Daniels Carmelle Pouriche

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Ernst Kevin J $785,000 Nrt Title Agency
Daniels James $645,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernst Kevin J $475,000
Previous Owner Daniels James $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2012 02/14/12 Sold $785,000 -10.1% $194 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
11/19/2011 11/19/11 For Sale $873,000 -- $216 / 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 $24,028 $761,100 $347,000 $414,100
2024 $23,259 $761,100 $347,000 $414,100
2023 $23,259 $761,100 $347,000 $414,100
2022 $22,780 $761,100 $347,000 $414,100
2021 $23,282 $761,100 $347,000 $414,100
2020 $22,719 $761,100 $347,000 $414,100
2019 $22,163 $761,100 $347,000 $414,100
2018 $21,752 $761,100 $347,000 $414,100
2017 $21,159 $761,100 $347,000 $414,100
2016 $20,002 $761,100 $347,000 $414,100
2015 $20,207 $761,100 $347,000 $414,100
2014 $19,789 $761,100 $347,000 $414,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004578892

Bright MLS

APN: 06-00089-0000-00004-07