NOT LISTED FOR SALE

4 Academy Ct Pennington, NJ 08534

Estimated Value: $275,134 - $342,000

1 Bed
1 Bath
810 Sq Ft
$280/mo HOA Fee

Last Sold May 16, 2013

Last sale price $179,000 $221 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,401/month

Highlights

  • Traditional Architecture
  • Attic
  • Eat-In Kitchen
  • Hopewell Valley Central High School Rated A
  • Balcony
  • Living Room

About This Home

As of May 2013

Here is a chance to enjoy in-town convenience, a maintenance-free lifestyle and a totally up-to-date interior. This rarely encountered combination exists within the character-filled converted school building of Pennington Borough's Academy Court, just one short block from the dining and shopping of Main Street. An elevator opens to a wide hallway of exposed brick leading to a corner condo unit, which is fresh, stylish and move-in ready. Tile flooring extends from the entry into the brand new kitchen with stainless steel fridge and rich wood cabinetry topped with granite and crown molding. A door opens to the deck, perfect for grilling, while huge windows fitted with plantation shutters in the completely open living room accentuate the high ceilings. The bedroom also features big windows and a high ceiling. The adjacent bathroom is tiled in soft neutral tones. The unit comes complete with a washer and dryer, both neatly hidden away.

Last Agent to Sell the Property

Nancy Willever

(609) 577-7749 nwillever@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9806869 Listed on: 11/16/2012

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Kathryn Baxter

(516) 521-7771 kbaxter@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #446951

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Property is in good condition

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 810 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Living Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Partial Basement
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Private Parking
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00002 02
  • Assessor Parcel Number 08-00503 04-00002 02

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, management
  • $560 Other One-Time Fees
  • 32 Units

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,278

Year Built

Built in 1986

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer, Dryer And Window Treatments
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal, Energy Efficient Appliances
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Floors In Unit Count: 2
  • Levels Count: 1
  • Room List: Living Room, Master Bedroom, Kitchen, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 810
  • Living Area Sq Ft: 810
  • Net Sq Ft: 810.00
  • Price Per Sq Ft: 233.33
  • Above Grade Finished Sq Ft: 810
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 280.00
  • 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, Trash, Management
  • HOA: Yes

Fee Information

  • Other Fees: 560.00
  • Other Fees Frequency: One Time

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 88200.00
  • Land Assessed Value: 90000.00
  • Lot Features: Level
  • Lot Dimensions: 0 X 0
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137725
  • Tax Annual Amount: 4278.00
  • Assessor Parcel Number: 08-00503 04-00002 02
  • Tax Lot: 00002 02
  • Tax Year: 2012
  • Close Date: 05/16/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
May 13, 2013
Sold by
Barry Richard A
Bought by
Murphy Patrick
Seller's Agent
Nancy Willever
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Kathryn Baxter
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$195,000
Sold Price
$179,000
Premium/Discount to List
-$16,000
-8.21%
Current Estimated Value
$309,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,034
Avg. Annual Appreciation
4.21%
Original Mortgage
$170,050
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Sexton Katherine
Bought by
Barry Richard

Purchase Details

Closed on
Jul 19, 2000
Sold by
Aaron David
Bought by
Sexton Katherine
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
Murphy Patrick $179,000 Multiple
Barry Richard $173,000 --
Sexton Katherine $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Patrick $170,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2013 05/16/13 Sold $179,000 -5.3% $221 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
12/14/2012 12/14/12 Price Changed $189,000 -3.1% $233 / Sq Ft
11/16/2012 11/16/12 For Sale $195,000 -- $241 / 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 $5,793 $178,200 $90,000 $88,200
2024 $5,433 $178,200 $90,000 $88,200
2023 $5,433 $178,200 $90,000 $88,200
2022 $5,050 $178,200 $90,000 $88,200
2021 $5,018 $178,200 $90,000 $88,200
2020 $4,975 $178,200 $90,000 $88,200
2019 $4,883 $178,200 $90,000 $88,200
2018 $4,772 $178,200 $90,000 $88,200
2017 $5,471 $178,200 $90,000 $88,200
2016 $4,731 $178,200 $90,000 $88,200
2015 $4,737 $178,200 $90,000 $88,200
2014 $4,637 $178,200 $90,000 $88,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004163938

Bright MLS

APN: 08-00503-04-00002-02