NOT LISTED FOR SALE

251 Old Penn Law Rd Pennington, NJ 08534

Estimated Value: $848,000 - $911,995

4 Beds
2.5 Baths
2,638 Sq Ft
$337/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $600,000 $227 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,254/month

26 Days on Market

Highlights

  • 1.15 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Hopewell Valley Central High School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of January 2018

Don't miss this beautifully remodeled home ideally situated on a 1.15 acre lot within walking distance to wonderful parks and served by public utilities. Expanded model with morning room, Florida room, study, and three car garage. Featuring a bright and airy open concept plan with gleaming hardwood floors, lots of windows, grand foyer, formal living room with walk-in bay window, formal dining room, gorgeous custom kitchen open to a sunny morning room and the large family room where the fireplace can be seen from almost everywhere. French doors lead to a Florida room then on to the rear deck while the huge rear yard is always in view. The main level also includes a quiet study, elegantly powder room, and convenient laundry. Upstairs the warm hardwood continues leading to a sky-lit hall bathroom, four amble bedrooms including the owners suite with a lavish bathroom all it's own. Other special features include a tall full basement, gas heat and central air, supper low maintenance exterior, over-sized driveway, and more set in a perfect location convenient to schools, shopping, restaurants, parks, and major roadways. Truly a rare combination that is sure to go quickly!

Last Agent to Sell the Property

David Depaola

David DePaola and Company Real Estate License #RM425333 Listed on: 11/18/2017

Last Buyer's Agent

David Depaola

David DePaola and Company Real Estate License #RM425333 Listed on: 11/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,941

Year Built

  • Built in 1998

Lot Details

  • 1.15 Acre Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned R100

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,638 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00042
  • Assessor Parcel Number 06-00078 31-00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,941

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Existing Appliances And Fixtures
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Remarks Public: Don't miss this beautifully remodeled home ideally situated on a 1.15 acre lot within walking distance to wonderful parks and served by public utilities. Expanded model with morning room, Florida room, study, and three car garage. Featuring a bright and airy open concept plan with gleaming hardwood floors, lots of windows, grand foyer, formal living room with walk-in bay window, formal dining room, gorgeous custom kitchen open to a sunny morning room and the large family room where the fireplace can be seen from almost everywhere. French doors lead to a Florida room then on to the rear deck while the huge rear yard is always in view. The main level also includes a quiet study, elegantly powder room, and convenient laundry. Upstairs the warm hardwood continues leading to a sky-lit hall bathroom, four amble bedrooms including the owners suite with a lavish bathroom all it's own. Other special features include a tall full basement, gas heat and central air, supper low maintenance exterior, over-sized driveway, and more set in a perfect location convenient to schools, shopping, restaurants, parks, and major roadways. Truly a rare combination that is sure to go quickly!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2638
  • Living Area Sq Ft: 2638
  • Net Sq Ft: 2638.00
  • Price Per Sq Ft: 234.99
  • Above Grade Finished Sq Ft: 2638
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 251

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: STONY BROOK
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: STONY BROOK
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Efficiency: Appliances

Lot Info

  • Improvement Assessed Value: 313800.00
  • Land Assessed Value: 187700.00
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 1.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50094.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2123849
  • Tax Annual Amount: 13941.00
  • Assessor Parcel Number: 06-00078 31-00042
  • Tax Lot: 00042
  • Tax Year: 2017
  • Close Date: 01/29/2018

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2017
Closed on
Jan 30, 2018
Sold by
Jaj Vitella Cosntruction Llc
Bought by
Kudryashov Igor and Kudryashov Mariya
Seller's Agent
David Depaola
David DePaola and Company Real Estate
Buyer's Agent
David Depaola
David DePaola and Company Real Estate
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%
Current Estimated Value
$889,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,249
Avg. Annual Appreciation
5.39%
Original Mortgage
$240,000
Outstanding Balance
$205,383
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$688,536

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 13, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Jaj Vitella Construction Llc
Seller's Agent
James Barger
Keller Williams Cornerstone Realty
Buyer's Agent
David Depaola
David DePaola and Company Real Estate
List Price
$370,000
Sold Price
$376,100
Premium/Discount to List
$6,100
1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
253.38%
Original Mortgage
$305,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2017
Sold by
Pascuccu Abby
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
May 12, 2011
Sold by
Joyce Marge and Joyce Margaret J
Bought by
Joyce Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 26, 1999
Sold by
Nvr Inc
Bought by
Joyce Marge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.88%
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
Kudryashov Igor $600,000 First American Title
Jaj Vitella Construction Llc $376,100 Foundation Title Llc
Nationstar Mortgage Llc -- Old Republic Title Ris
Joyce Margaret J -- Premier Title
Joyce Marge $279,651 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kudryashov Igor $240,000
Previous Owner Jaj Vitella Construction Llc $305,000
Previous Owner Joyce Margaret J $765,000
Previous Owner Joyce Margaret J $114,000
Previous Owner Joyce Marge $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $600,000 -3.2% $227 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/18/2017 11/18/17 For Sale $619,900 +64.8% $235 / Sq Ft
09/15/2017 09/15/17 Sold $376,100 +1.6% $143 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $370,000 -- $140 / 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 $17,019 $539,100 $225,300 $313,800
2024 $16,084 $539,100 $225,300 $313,800
2023 $16,084 $526,300 $212,500 $313,800
2022 $15,752 $526,300 $212,500 $313,800
2021 $15,341 $501,500 $187,700 $313,800
2020 $14,970 $501,500 $187,700 $313,800
2019 $14,604 $501,500 $187,700 $313,800
2018 $14,333 $501,500 $187,700 $313,800
2017 $13,942 $501,500 $187,700 $313,800
2016 $13,179 $501,500 $187,700 $313,800
2015 $13,315 $501,500 $187,700 $313,800
2014 $13,039 $501,500 $187,700 $313,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004172251

Bright MLS

APN: 06-00078-31-00042