NOT LISTED FOR SALE

216 Pennington - Hopewell Rd Hopewell, NJ 08525

Estimated Value: $570,000 - $648,000

4 Beds
2 Baths
1,440 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $570,000 $396 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,064/month

51 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Workshop
  • 5-minute walk to Hopewell Quarry

About This Home

As of February 2024

Nestled in the heart of coveted Hopewell lies a cherished haven that has been the centerpiece of a family's life for 61 beautiful years. This enchanting Cape Cod style residence, steeped in warmth and memories, invites you to become a part of its rich history. As you approach, a sense of tranquility envelops you, the brick paver walkway guiding your steps towards the front door. Crossing the threshold into the slate-floored entryway, you're welcomed into the family/living room, boasting a wood-burning fireplace, built-in shelves, gleaming hardwood floors, and abundant natural light. The kitchen beckons, a hub of culinary delights, with tile flooring, a charming tile backsplash, and a generously sized peninsula offering seating for four. Adjacent is a separate breakfast area, perfect for cozy mornings or casual meals. Exploring the ground floor, discover two inviting bedrooms adorned with spacious closets and hardwood floors. An updated bathroom graces this level, showcasing a tub shower, newer toilet, and vanity. Ascend to the second level to find two sizable, carpeted bedrooms, each boasting ample walk-in cedar closets. A second bathroom awaits, featuring a newer shower stall and toilets. The partially finished basement, recently renovated, offers versatility—a space for recreation and relaxation alongside an unfinished area ideal for a workshop, with convenient walk-up steps. Outside, the expansive private backyard awaits, boasting a brick patio ready for al fresco gatherings or serene moments of unwinding. A one-car detached garage and an additional covered carport complete this remarkable property. Don't miss the chance to own this gem—a home brimming with character, love, and endless possibilities. Schedule your showing today, before this treasure slips away!

Last Agent to Sell the Property

Stephanie DeClerico

Smires & Associates License #RS371315 Listed on: 11/17/2023

Smires & Associates

Last Buyer's Agent

Jennifer Dionne

Callaway Henderson Sotheby's Int'l-Princeton License #1223280

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,230

Year Built

  • Built in 1962

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R75

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Partially Finished Basement

  • Walk-Up Access
  • Workshop

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00062
  • Assessor Parcel Number 06-00018-00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,230

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All appliances as they exist.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Stairs, Workshop
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 392.36
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 216

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Carport Spaces: 1
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Detached Carport, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.56
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24394.00
  • Year Assessed: 2022
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9230.00
  • Assessor Parcel Number: 06-00018-00062
  • Tax Lot: 00062
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/12/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 12, 2024
Sold by
Mahon Linda A and Seas Claire F
Bought by
Riegel Rebecca C and Gould Ryan W
Seller's Agent
Stephanie DeClerico
Smires & Associates
Buyer's Agent
Jennifer Dionne
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$565,000
Sold Price
$570,000
Premium/Discount to List
$5,000
0.88%
Views
237
Current Estimated Value
$598,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,336
Avg. Annual Appreciation
3.20%
Original Mortgage
$466,000
Outstanding Balance
$458,205
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$140,131

Purchase Details

Closed on
Feb 8, 2023
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
Riegel Rebecca C $570,000 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riegel Rebecca C $466,000
Previous Owner William E Seas Jr $113,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $570,000 +0.9% $396 / Sq Ft
01/02/2024 01/02/24 For Sale $565,000 -0.9% $392 / Sq Ft
12/17/2023 12/17/23 Off Market $570,000 -- --
11/17/2023 11/17/23 For Sale $565,000 -- $392 / 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 $9,736 $318,500 $191,200 $127,300
2024 $9,425 $308,400 $181,100 $127,300
2023 $9,425 $308,400 $181,100 $127,300
2022 $9,230 $308,400 $181,100 $127,300
2021 $9,165 $299,600 $172,300 $127,300
2020 $8,693 $299,600 $172,300 $127,300
2019 $8,724 $299,600 $172,300 $127,300
2018 $8,563 $299,600 $172,300 $127,300
2017 $8,329 $299,600 $172,300 $127,300
2016 $7,873 $299,600 $172,300 $127,300
2015 $7,954 $299,600 $172,300 $127,300
2014 $7,790 $299,600 $172,300 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2037214

Bright MLS

APN: 06-00018-0000-00062