Seller's Agent in 2014
Pete Callaway
Callaway Henderson Sotheby's Int'l-Princeton
(609) 558-5900
17 Total Sales
29 Elm Ridge Rd Pennington, NJ 08534
Estimated Value: $1,422,000 - $2,185,000
5
Beds
6.5
Baths
7,260
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Greenhouse
- Second Garage
- Hopewell Valley Central High School Rated A
- Water Oriented
- Sauna
About This Home
As of June 2014Built circa 1920 as an exclusive retreat for an RCA executive, this scenic 18+ acre property now constitutes DogWoods Farm. Like no other property in the area, DogWoods is just moments from Princeton. Adirondack-style inspired, the main residence is as much a work of art as a warm and functional family home. Recent renovations and additions seamlessly blend with the stunning original woodwork. English walnut, mahogany, cedar, cypress, oak and bird's-eye-maple intricately carved and laid in varying patterns completely envelope rooms. The magnificent living room with arched beams, large fireplace and extensive cabinetry opens to the library and an intimate dining room with a nature-theme water feature. An impressive master suite equipped with an office flank his and hers baths. Hidden sinks, pop-up tables, cabinets & cubbies offer charming surprises throughout the house. Outside, a guest cottage, workshop and barns are set among numerous gardens and ponds with abundant open-space and mature wooded areas.
Last Agent to Sell the Property
(609) 558-5900 pcallaway@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7811591 Listed on: 04/03/2013
Co-Listed By
(609) 610-5747 ccallaway@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9805308
Last Buyer's Agent
(609) 731-3507 lhuntsman@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9909029
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,395
Year Built
- Built in 1920
Lot Details
- 18.74 Acre Lot
- Property is in good condition
- Property is zoned R150
Parking
- 4 Car Direct Access Garage
- 3 Open Parking Spaces
- Second Garage
- Garage Door Opener
- Driveway
Home Design
- Brick Foundation
- Wood Siding
- Stone Siding
- Log Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Wet Bar
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Replacement Windows
- Bay Window
- Family Room
- Living Room
- Dining Room
- Sauna
- Home Security System
- Laundry on main level
- Attic
Kitchen
- Butlers Pantry
- Double Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Finished Basement
- Partial Basement
- Drainage System
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
Outdoor Features
- Water Oriented
- Property is near a pond
- Pond
- Patio
- Greenhouse
- Shed
- Porch
Schools
- Timberlane Middle School
- Central High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Radiator
- Heating System Uses Oil
- Hot Water Heating System
- Water Treatment System
- Well
- Oil Water Heater
- On Site Septic
- Cable TV Available
Additional Features
- Additional Residence on Property
- Barn or Farm Building
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00028 01
- Assessor Parcel Number 06-00043 24-00028 01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2013
Closed on
Jun 16, 2014
Sold by
Mollica Joseph A
Bought by
Wasch Frederick C and Wasch Elizabeth S
Seller's Agent
Pete Callaway
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,395,000
Sold Price
$2,600,000
Premium/Discount to List
-$795,000
-23.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$675,887
Avg. Annual Appreciation
-2.23%
Original Mortgage
$2,000,000
Outstanding Balance
$1,469,785
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$546,635
Purchase Details
Closed on
Aug 4, 2010
Sold by
Mollica Joseph A
Bought by
Mollica Joseph A
Purchase Details
Closed on
Aug 13, 1999
Sold by
Altschiller David
Bought by
Mollica Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wasch Frederick C | $2,600,000 | None Available | |
| Mollica Joseph A | -- | None Available | |
| Mollica Mary | $1,825,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wasch Frederick C | $300,000 | |
| Closed | Wasch Frederick | $150,000 | |
| Open | Wasch Frederick C | $2,000,000 | |
| Previous Owner | Mollica Mary | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2014 06/20/14 | Sold | $2,600,000 | -23.4% | $358 / Sq Ft |
| 05/10/2014 05/10/14 | Pending | -- | -- | -- |
| 04/03/2013 04/03/13 | For Sale | $3,395,000 | -- | $468 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $47,671 | $1,510,000 | $342,000 | $1,168,000 |
| 2024 | $46,146 | $1,510,000 | $342,000 | $1,168,000 |
| 2023 | $46,146 | $1,510,000 | $342,000 | $1,168,000 |
| 2022 | $45,194 | $1,510,000 | $342,000 | $1,168,000 |
| 2021 | $46,191 | $1,510,000 | $342,000 | $1,168,000 |
| 2020 | $45,074 | $1,510,000 | $342,000 | $1,168,000 |
| 2019 | $50,960 | $1,750,000 | $342,000 | $1,408,000 |
| 2018 | $50,015 | $1,750,000 | $342,000 | $1,408,000 |
| 2017 | $53,473 | $1,923,500 | $342,000 | $1,581,500 |
| 2016 | $50,550 | $1,923,500 | $342,000 | $1,581,500 |
| 2015 | $51,069 | $1,923,500 | $342,000 | $1,581,500 |
| 2014 | $50,011 | $1,923,500 | $342,000 | $1,581,500 |
Source: Public Records
Agents Affiliated with this Home
-
Pete Callaway
-
Christina M. Callaway
Seller Co-Listing Agent in 2014
Christina M. Callaway
Callaway Henderson Sotheby's Int'l-Princeton
(609) 610-5747
15 Total Sales
-
Laura Huntsman
Buyer's Agent in 2014
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
(609) 731-3507
37 Total Sales
Map
Source: Bright MLS
MLS Number: 1003391384
APN: 06-00043-24-00028-01
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