NOT LISTED FOR SALE

25 Academy Ct Pennington, NJ 08534

Estimated Value: $324,310 - $367,000

2 Beds
1 Bath
-- Sq Ft
$270/ mo HOA Fee

Last Sold October 15, 2014

Last sale price $165,000

Est. 112% increase in value since last sale

Current estimated payment $2,596/month

429 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Living Room
  • Hopewell Valley Central High School Rated A
  • Patio
  • Tile or Brick Flooring

About This Home

As of October 2014

Attractively priced first floor condo; close to everything Pennington Borough is known for and within easy access of shopping, restaurants and other in town destinations. Academy Court is a sought after enclave in Pennington offering ease of living within the heart of this all-American Borough. Its location is ideal: only a turn or two from downtown and across from the esteemed Pennington School, yet quietly situated away from the hustle and bustle. A quaint grassy courtyard welcomes you to this neat as a pin, move-in ready home. The kitchen is fresh and clean and the interior is bright and cheery. Blonde floors lead the way to a user-friendly multi purpose room that has currently been converted to a home office with storage wall featuring a pull down bed, computer desk and extensive bookcases, file cabinets and storage drawers. This room can easily be converted back to a full time bedroom or den. There is direct access to a private bluestone patio by way of patio doors which also provide natural light and pleasant views. The bedroom is serviced by a generous bathroom. In the basement, find unfinished space plus ample storage for your personal effects like bicycles, seasonal decorations, and the like. Great Central Jersey location; easy access to Philadelphia, New York and Bucks County.

Last Agent to Sell the Property

Nancy Willever

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9806869 Listed on: 08/01/2013

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Nancy Willever

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9806869 Listed on: 08/01/2013

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1986

Lot Details

  • West Facing Home
  • Property is in good condition

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, management
  • Academy Ct Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 08-00503 03-00007

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,121

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial, Traditional
  • Ownership: Condominium
  • Inclusions: Washer, Dryer, Refrigerator, Furniture Wall Units In Guest Bedroom
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Management
  • HOA: No

Schools

  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 96800.00
  • Land Assessed Value: 100000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137714
  • Tax Annual Amount: 5121.00
  • Assessor Parcel Number: 08-00503 03-00007
  • Tax Lot: 00007
  • Tax Year: 2014

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Oct 15, 2014
Sold by
Ruffner Marilyn Jean
Bought by
Vander Ree Frank J and Van Der Ree Janneke
Seller's Agent
Nancy Willever
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Nancy Willever
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$215,000
Sold Price
$165,000
Premium/Discount to List
-$50,000
-23.26%
Current Estimated Value
$349,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,078
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Aug 24, 1998
Sold by
Mitchell Lynn
Bought by
Ruffner Marilyn

Purchase Details

Closed on
Mar 19, 1998
Sold by
White Sara
Bought by
Mitchell Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.92%

Purchase Details

Closed on
May 1, 1996
Sold by
Shivers Claire
Bought by
Mattis Sara Helene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vander Ree Frank J $165,000 Alta
Ruffner Marilyn $1,012,400 --
Mitchell Lynn $122,000 --
Mattis Sara Helene $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Lynn $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $165,000 -7.8% --
10/04/2014 10/04/14 Pending -- -- --
07/30/2014 07/30/14 Price Changed $179,000 -3.2% --
06/14/2014 06/14/14 Price Changed $185,000 -14.0% --
08/01/2013 08/01/13 For Sale $215,000 -- --
Source: Bright MLS

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 $6,398 $196,800 $100,000 $96,800
2024 $6,000 $196,800 $100,000 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003541870

Bright MLS

APN: 08-00503-03-00007

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