NOT LISTED FOR SALE

31 Academy Ct Pennington, NJ 08534

Estimated Value: $315,000 - $369,340

2 Beds
2 Baths
1,152 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $300,000 $260 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,905/month

40 Days on Market

Highlights

  • Level Entry For Accessibility
  • Hopewell Valley Central High School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2024

Welcome to 31 Academy Court, a charming first-floor end unit condominium nestled in the heart of Pennington Borough. Featuring 2 bedrooms, each with its own connected full bathroom, this home ensures privacy and functionality. Ample closet space throughout provides excellent storage, enhancing the overall practicality of the living space. The renovated kitchen boasts soft-closing drawers, stainless steel appliances, quartz countertops and includes a convenient stackable washer and dryer, making laundry a breeze. Step outside from the living room onto a lovely paver patio. Adjacent to the patio is an area perfect for cultivating a flower or vegetable garden. This property has a waterproofed, unfinished basement, offering additional storage or the opportunity to customize and expand living space to suit your needs. Newly installed HVAC system ensures year-round comfort and efficiency, further enhancing the appeal of this already desirable property. Located just a short stroll from local shops and restaurants, 31 Academy Court offers the ideal blend of residential tranquility and urban convenience. Commuters will appreciate its proximity to major highways, with I-295 only 5 minutes away and downtown Princeton just a 20-minute drive. Schedule your private showing today and discover the possibilities awaiting you at 31 Academy Court.

Last Agent to Sell the Property

Jeffrey Weber

RE/MAX Tri County License #2185704 Listed on: 06/22/2024

RE/MAX Tri County

Last Buyer's Agent

Raheel Saleem

Real Broker, LLC

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,518

Year Built

  • Built in 1986

Lot Details

  • 479

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Property has 1 Level
  • Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 08-00503 03-00001

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, snow removal, trash
  • Academy Ct Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,518

Year Built

Built in 1986

Lot Details

0

HOA Fees

$473 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-22
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 31 Academy Court, a charming first-floor end unit condominium nestled in the heart of Pennington Borough. Featuring 2 bedrooms, each with its own connected full bathroom, this home ensures privacy and functionality. Ample closet space throughout provides excellent storage, enhancing the overall practicality of the living space. The renovated kitchen boasts soft-closing drawers, stainless steel appliances, quartz countertops and includes a convenient stackable washer and dryer, making laundry a breeze. Step outside from the living room onto a lovely paver patio. Adjacent to the patio is an area perfect for cultivating a flower or vegetable garden. This property has a waterproofed, unfinished basement, offering additional storage or the opportunity to customize and expand living space to suit your needs. Newly installed HVAC system ensures year-round comfort and efficiency, further enhancing the appeal of this already desirable property. Located just a short stroll from local shops and restaurants, 31 Academy Court offers the ideal blend of residential tranquility and urban convenience. Commuters will appreciate its proximity to major highways, with I-295 only 5 minutes away and downtown Princeton just a 20-minute drive. Schedule your private showing today and discover the possibilities awaiting you at 31 Academy Court.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Sump Pump
  • Total Sq Ft: 1152
  • Living Area Sq Ft: 1152
  • Price Per Sq Ft: 285.59
  • Above Grade Finished Sq Ft: 1152
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 473.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: R-80

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6518.00
  • Assessor Parcel Number: 08-00503 03-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/23/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Aug 20, 2024
Sold by
Benson Kristine M
Bought by
Pogue Matthew
Seller's Agent
Jeffrey Weber
RE/MAX Tri County
Buyer's Agent
Raheel Saleem
Real Broker, LLC
List Price
$337,000
Sold Price
$300,000
Premium/Discount to List
-$37,000
-10.98%
Views
114
Current Estimated Value
$340,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,085
Avg. Annual Appreciation
13.22%
Original Mortgage
$210,000
Outstanding Balance
$207,639
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$132,446

Purchase Details

Closed on
Jun 23, 2006
Sold by
Peters Charles
Bought by
Benson Kristine

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
6.59%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Mcandrew Donna
Bought by
Peters Charles and Peters Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2000
Sold by
Savitsky Thomas
Bought by
Mcandrew Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Prewitt Michael
Bought by
Savitsky Thomas and Savitsky Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.67%
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
Pogue Matthew $300,000 First American Title
Benson Kristine $245,000 --
Peters Charles $180,000 --
Mcandrew Donna $155,000 --
Savitsky Thomas $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pogue Matthew $210,000
Previous Owner Benson Kristine M $160,049
Previous Owner Benson Kristine $165,000
Previous Owner Peters Charles $144,000
Previous Owner Mcandrew Donna $124,000
Previous Owner Savitsky Thomas $124,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $300,000 -8.8% $260 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $329,000 -2.4% $286 / Sq Ft
06/22/2024 06/22/24 For Sale $337,000 -- $293 / 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 $6,951 $217,000 $100,000 $117,000
2024 $6,519 $213,800 $100,000 $113,800
2023 $6,519 $213,800 $100,000 $113,800
2022 $6,059 $213,800 $100,000 $113,800
2021 $6,021 $213,800 $100,000 $113,800
2020 $5,969 $213,800 $100,000 $113,800
2019 $5,858 $213,800 $100,000 $113,800
2018 $5,726 $213,800 $100,000 $113,800
2017 $6,564 $213,800 $100,000 $113,800
2016 $5,676 $213,800 $100,000 $113,800
2015 $5,683 $213,800 $100,000 $113,800
2014 $5,563 $213,800 $100,000 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2045098

Bright MLS

APN: 08-00503-03-00001