NOT LISTED FOR SALE

248 S Main St Pennington, NJ 08534

Estimated Value: $720,761 - $804,000

3 Beds
4 Baths
-- Sq Ft
6,300 Sq Ft Lot

Last Sold July 30, 2013

Last sale price $410,000

Est. 88% increase in value since last sale

Current estimated payment $5,214/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Hopewell Valley Central High School Rated A
  • Attic
  • No HOA

About This Home

As of July 2013

A custom side-hall colonial built in 2000 on Pennington's main street, a stone's throw from the Toll Gate Grammar School. This charming home has a welcoming front porch providing front row seats for Pennington Day and the Memorial Day Parade. An open floor plan offers spacious rooms with great exposure for natural light. Formal living and dining rooms lead to a cheerful eat-in kitchen with adjoining family room...cozy with its gas fireplace. The basement is nicely finished offering more living space, also with a fireplace. Upstairs has a lovely main bedroom suite, two spacious bedrooms and hall bath. Here is a wonderful opportunity to be the second owner of this special property in the heart of town.

Last Agent to Sell the Property

Cathy Nemeth

(609) 462-1237 cnemeth@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7859353 Listed on: 05/08/2013

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Kate Stinson

(609) 439-9343 kate.stinson@sothebysrealty.com Callaway Henderson Sotheby's Int'l-Princeton License #9034545

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,935

Year Built

  • Built in 2000

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 42' x 150'
  • East Facing Home
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R-80

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms
  • Walk-in Shower

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Shed
  • Porch

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by FRANK LOVERO

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 08-00703-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,935

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2000
  • Remarks Public: A custom side-hall colonial built in 2000 on Pennington's main street, a stone's throw from the Toll Gate Grammar School. This charming home has a welcoming front porch providing front row seats for Pennington Day and the Memorial Day Parade. An open floor plan offers spacious rooms with great exposure for natural light. Formal living and dining rooms lead to a cheerful eat-in kitchen with adjoining family room...cozy with its gas fireplace. The basement is nicely finished offering more living space, also with a fireplace. Upstairs has a lovely main bedroom suite, two spacious bedrooms and hall bath. Here is a wonderful opportunity to be the second owner of this special property in the heart of town.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Street Number Modifier: 248

Beds/Baths

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

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 259500.00
  • Land Assessed Value: 237600.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 42' X 150'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6300.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: R-80

Building Info

  • Builder Name: FRANK LOVERO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137953
  • Tax Annual Amount: 11935.00
  • Assessor Parcel Number: 08-00703-00029
  • Tax Lot: 29
  • Tax Year: 2012
  • Close Date: 07/30/2013

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jul 29, 2013
Sold by
Mason Dorothy Driver
Bought by
Anderson Teresa
Seller's Agent
Cathy Nemeth
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Kate Stinson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$424,500
Sold Price
$410,000
Premium/Discount to List
-$14,500
-3.42%
Current Estimated Value
$771,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,940
Avg. Annual Appreciation
4.50%
Original Mortgage
$246,000
Outstanding Balance
$184,780
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$515,397

Purchase Details

Closed on
Dec 9, 1999
Sold by
Molinelli Stephen
Bought by
Driver Addison and Driver Louise

Purchase Details

Closed on
Apr 20, 1998
Sold by
Stewart Jeffrey
Bought by
Molinelli Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Anderson Teresa $410,000 Empire Title And Abstract Ag
Driver Addison $62,500 --
Molinelli Stephen $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Teresa $246,000
Previous Owner Molinelli Stephen $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $410,000 -3.4% --
06/07/2013 06/07/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $424,500 -- --
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 $13,654 $420,000 $210,200 $209,800
2024 $12,806 $420,000 $210,200 $209,800
2023 $12,806 $420,000 $210,200 $209,800
2022 $11,903 $420,000 $210,200 $209,800
2021 $11,827 $420,000 $210,200 $209,800
2020 $11,726 $420,000 $210,200 $209,800
2019 $11,508 $420,000 $210,200 $209,800
2018 $11,248 $420,000 $210,200 $209,800
2017 $12,894 $420,000 $210,200 $209,800
2016 $11,151 $420,000 $210,200 $209,800
2015 $13,202 $496,700 $237,600 $259,100
2014 $12,924 $496,700 $237,600 $259,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003439930

Bright MLS

APN: 08-00703-0000-00029