NOT LISTED FOR SALE

23 Tara Way Pennington, NJ 08534

Estimated Value: $1,774,000 - $2,219,000

5 Beds
4.5 Baths
-- Sq Ft
3.47 Acres

Last Sold June 01, 2023

Last sale price $1,762,500

Est. 10% increase in value since last sale

Current estimated payment $13,765/month

54 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Hopewell Valley Central High School Rated A
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of June 2023

This is the year to upgrade your lifestyle and what better place to do so than at this incomparable resort-worthy property! Imagine leisurely weekends around the saltwater pool that end with spectacular sunsets dipping below the trees. A 2017 pool house by Groundswell Design Group encourages you to share the experience with friends and family. With a wall of glass overlooking the patios and a gas fireplace set in stone beneath a peaked ceiling, this self-sufficient structure is welcoming year-round. Rooms decorated by Leddy Interiors present a polished, cohesive look that extends through the sunny main house. Designer wallpapers and bespoke window treatments are finishing touches befitting a luxury home. The timeless kitchen is equipped with Wolf, Sub-Zero and Miele appliances, along with extra beverage fridges within easy reach of the dining room. The window-wrapped breakfast room peeks into the 2-story family room for just the right amount of openness. Built-ins, organized closets and a custom mudroom offer spots to stow everything. A craft room and a top floor office keep 5 bedrooms reserved for rest and rejuvenation. All have attached baths, including a first floor suite and the sun-drenched main suite with as much space as you’ll ever need.

Last Agent to Sell the Property

Amy Granato

Callaway Henderson Sotheby's Int'l-Princeton License #1008855 Listed on: 02/10/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,165

Year Built

  • Built in 2006

Lot Details

  • 3.47 Acre Lot
  • Property is zoned R150

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Pool

  • Private Pool

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Hv Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 00015 10
  • Assessor Parcel Number 06-00043 24-00015 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,165

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: This is the year to upgrade your lifestyle and what better place to do so than at this incomparable resort-worthy property! Imagine leisurely weekends around the saltwater pool that end with spectacular sunsets dipping below the trees. A 2017 pool house by Groundswell Design Group encourages you to share the experience with friends and family. With a wall of glass overlooking the patios and a gas fireplace set in stone beneath a peaked ceiling, this self-sufficient structure is welcoming year-round. Rooms decorated by Leddy Interiors present a polished, cohesive look that extends through the sunny main house. Designer wallpapers and bespoke window treatments are finishing touches befitting a luxury home. The timeless kitchen is equipped with Wolf, Sub-Zero and Miele appliances, along with extra beverage fridges within easy reach of the dining room. The window-wrapped breakfast room peeks into the 2-story family room for just the right amount of openness. Built-ins, organized closets and a custom mudroom offer spots to stow everything. A craft room and a top floor office keep 5 bedrooms reserved for rest and rejuvenation. All have attached baths, including a first floor suite and the sun-drenched main suite with as much space as you’ll ever need.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Poured Concrete
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Side Entry, Additional Storage Area, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • 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
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE
  • High School: HV CENTRAL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL E.S.
  • High School: HV CENTRAL
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 888400.00
  • Land Assessed Value: 386800.00
  • Lot Size Acres: 3.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 151153.00
  • Year Assessed: 2022
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120970
  • Tax Annual Amount: 38165.00
  • Assessor Parcel Number: 06-00043 24-00015 10
  • Tax Lot: 00015 10
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/01/2023

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
May 25, 2023
Sold by
Caputo Michael J and Caputo Jennifer L
Bought by
Balasubramanian Chandrasekharan Family 2018 T
Seller's Agent
Amy Granato
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,850,000
Sold Price
$1,762,500
Premium/Discount to List
-$87,500
-4.73%
Views
110
Current Estimated Value
$1,930,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,544
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Oct 19, 2006
Sold by
Landmark At Hopewell Llc
Bought by
Caputo Michael and Caputo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.49%
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
Balasubramanian Chandrasekharan Family 2018 T $1,762,500 Old Republic Title
Caputo Michael $1,525,253 --
-- $1,525,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caputo Michael J $350,000
Previous Owner Caputo Michael $200,000
Previous Owner Caputo Michael $417,000
Previous Owner Caputo Michael J $550,000
Previous Owner -- $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $1,762,500 -4.7% --
04/05/2023 04/05/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $1,850,000 -- --
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
2024 $38,970 $1,275,200 $386,800 $888,400
2023 $38,970 $1,275,200 $386,800 $888,400
2022 $38,167 $1,275,200 $386,800 $888,400
2021 $39,008 $1,275,200 $386,800 $888,400
2020 $38,065 $1,275,200 $386,800 $888,400
2019 $37,134 $1,275,200 $386,800 $888,400
2018 $35,313 $1,235,600 $386,800 $848,800
2017 $34,350 $1,235,600 $386,800 $848,800
2016 $32,472 $1,235,600 $386,800 $848,800
2015 $32,805 $1,235,600 $386,800 $848,800
2014 $32,126 $1,190,000 $386,800 $803,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2026518

Bright MLS

APN: 06-00043-24-00015-10