NOT LISTED FOR SALE

23 Michael Way Pennington, NJ 08534

Estimated Value: $1,776,000 - $2,404,000

5 Beds
5.5 Baths
6,500 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $1,560,000 $240 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,665/month

Highlights

  • Newly Remodeled
  • 7.39 Acre Lot
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Colonial Architecture
  • Eat-In Kitchen

About This Home

As of June 2017

Distinguished by detail and touches of luxury evident throughout the house, even the most demanding buyer will be pleased with the custom moldings, built-ins, mahogany library, granite and marble counter tops, authentic raised wainscoting, tray ceilings, and much more. Luxury and elegance combine to make this last offering at Edgebrook Estates a dream come true. It has it all, Location, close to schools and town, Custom craftsmanship, Privacy while belonging to a community, and all of the advantages of custom new construction. It is the last of 3 Estate Homes on a large private lot with open fields and woods. The well designed gourmet kitchen combines the finest amenities in a stylish setting and is sure to become the center of daily activities as well as large gatherings. In addition, to the social areas the first floor includes a guest bedroom and full bath. The second floor includes 4 bedrooms, laundry room, and a additional family room. The daylight basement with outside entry has been finished to include multiple rooms. Currently Under Contract.

Last Agent to Sell the Property

Barbara Facompre

(609) 731-1189 bfacompre@glorianilson.com BHHS Fox & Roach Hopewell Valley License #229570 Listed on: 06/21/2017

BHHS Fox & Roach Hopewell Valley

Last Buyer's Agent

Barbara Facompre

(609) 731-1189 bfacompre@glorianilson.com BHHS Fox & Roach Hopewell Valley License #229570 Listed on: 06/21/2017

BHHS Fox & Roach Hopewell Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,171

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7.39 Acre Lot
  • Property is zoned VRC

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Edgebrook Estates Subdivision

Listing and Financial Details

  • Tax Lot 00005 03
  • Assessor Parcel Number 06-00089-00005 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,171

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Access To Pool: No
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • School District Key: 300200397266

Lot Info

  • Lot Size Acres: 7.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 321908.00
  • Property Attached Yn: No
  • Zoning: VRC

Green Features

  • R Factor Ceilings: 38
  • R Factor Ext Walls: 18

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10171.00
  • Assessor Parcel Number: 06-00089-00005 03
  • Tax Lot: 00005 03
  • Tax Year: 2016
  • Close Date: 06/28/2017

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Adams Catherine Owen and Adams Kevin
Bought by
Catherine Adams Trust and Adams
Current Estimated Value
$2,182,050

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jun 28, 2017
Sold by
Facompre Development Inc
Bought by
Adams Catherine Owen and Adams Kevin
Seller's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley
List Price
$1,570,000
Sold Price
$1,560,000
Premium/Discount to List
-$10,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,248,000
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Catherine Adams Trust -- None Listed On Document
Catherine Adams Trust -- None Listed On Document
Catherine Adams Trust -- None Listed On Document
Adams Catherine Owen $1,560,000 Premier Service Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Catherine Owen $1,248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $1,560,000 -0.6% $240 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $1,570,000 -- $242 / 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 $50,651 $1,604,400 $374,900 $1,229,500
2024 $49,030 $1,604,400 $374,900 $1,229,500
2023 $49,030 $1,604,400 $374,900 $1,229,500
2022 $48,020 $1,604,400 $374,900 $1,229,500
2021 $49,079 $1,604,400 $374,900 $1,229,500
2020 $47,891 $1,604,400 $374,900 $1,229,500
2019 $46,720 $1,604,400 $374,900 $1,229,500
2018 $42,336 $1,481,300 $374,900 $1,106,400
2017 $10,422 $374,900 $374,900 $0
2016 $9,852 $374,900 $374,900 $0
2015 $9,954 $374,900 $374,900 $0
2014 $9,747 $374,900 $374,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000044768

Bright MLS

APN: 06-00089-0000-00005-03