NOT LISTED FOR SALE

296 Pennington Lawrenceville Rd Pennington, NJ 08534

Estimated Value: $539,585 - $583,000

3 Beds
1.5 Baths
1,800 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $401,700 $223 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,801/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of June 2021

**All Offers in By 5pm Monday, 4/26/21 Please. Sweet classic Cape sited on almost a half acre lot bordering Pennington Borough. A spacious backyard with paver patio and sunroom accompany this adorable home just a few turns to recreational activities in Hopewell Valley -from biking/hiking the LHT Trail to dinners out in the many charming historical villages nearby. With three bedrooms and one and half baths, here is a great opportunity for first time buyers to join the community with it's highly regarded schools. Enjoy the cozy sunlit living room enhanced with stone inlay wood burning fireplace and large picture window . A large functional eat in kitchen featuring granite topped counters, wine rack and crisp white appliances adjoins a sunroom which extends more useable space all year long with French doors to the rear yard. Off the kitchen, an updated powder room, bedroom and den/office complete the first floor. On the upper level two large bedrooms with double closets are anchored by a full hall bath. Additional highlights include full basement with laundry and work bench, Bilco door basement entry, front porch, hardwood flooring throughout, newer roof, and dynamite location!

Last Agent to Sell the Property

Michelle Needham

BHHS Fox & Roach - Princeton Listed on: 04/23/2021

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Joyce Stevens

Coldwell Banker Residential Brokerage - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,606

Year Built

  • Built in 1946

Lot Details

  • 0.44 Acre Lot
  • Property is zoned R100

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Living Room
  • Den
  • Sun or Florida Room
  • Unfinished Basement
  • Laundry in Basement
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Bathtub with Shower

Schools

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

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 06-00075 02-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,606

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Washer, Dryer, Refrigerator, free standing cabinet in kitchen, work benches & refrigerator in basement, window a/c units
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1946
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 200.00
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 296

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Block
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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: STONY BROOK E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: HVCHS
  • 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: STONY BROOK E.S.
  • High School: HVCHS
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Size Acres: 0.44
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19166.00
  • Year Assessed: 2020
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8606.00
  • Assessor Parcel Number: 06-00075 02-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 1670
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 25, 2021
Sold by
Prentice Jay and Prentice Shannon
Bought by
Hommel Sarah
Seller's Agent
Michelle Needham
BHHS Fox & Roach - Princeton
Buyer's Agent
Joyce Stevens
Coldwell Banker Residential Brokerage - Princeton
List Price
$360,000
Sold Price
$401,700
Premium/Discount to List
$41,700
11.58%
Current Estimated Value
$553,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,539
Avg. Annual Appreciation
8.03%
Original Mortgage
$312,000
Outstanding Balance
$241,773
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$311,824

Purchase Details

Closed on
Mar 4, 2005
Sold by
Albaugh David
Bought by
Prentice Jay and Prentice Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.61%

Purchase Details

Closed on
Dec 15, 1992
Sold by
Maksimow Carol B and Maksimow Joseph
Bought by
Albaugh David A and Albaugh Hartman,Christina
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
Hommel Sarah $401,700 Acres Land Title Agency Llc
Hommel Sarah $401,700 None Listed On Document
Prentice Jay $280,000 --
Albaugh David A $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hommel Sarah $312,000
Closed Hommel Sarah $312,000
Previous Owner Prentice Jay $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $401,700 +11.6% $223 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $360,000 0.0% $200 / Sq Ft
10/01/2016 10/01/16 Rented $2,000 -7.0% --
09/29/2016 09/29/16 Under Contract -- -- --
07/25/2016 07/25/16 For Rent $2,150 +7.5% --
11/01/2012 11/01/12 Rented $2,000 -4.8% --
10/15/2012 10/15/12 Under Contract -- -- --
08/01/2012 08/01/12 For Rent $2,100 -- --
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 $9,263 $303,100 $136,800 $166,300
2023 $9,263 $303,100 $136,800 $166,300
2022 $9,072 $303,100 $136,800 $166,300
2021 $8,831 $288,700 $122,400 $166,300
2020 $8,618 $288,700 $122,400 $166,300
2019 $8,171 $280,600 $114,300 $166,300
2018 $8,020 $280,600 $114,300 $166,300
2017 $7,801 $280,600 $114,300 $166,300
2016 $7,374 $280,600 $114,300 $166,300
2015 $7,450 $280,600 $114,300 $166,300
2014 $7,296 $280,600 $114,300 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME311340

Bright MLS

APN: 06-00075-02-00021