NOT LISTED FOR SALE

40 Elm Terrace Flemington, NJ 08822

Estimated Value: $476,000 - $500,000

2 Beds
2.5 Baths
1,756 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $318,000 $181 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,459/month

9 Days on Market

Highlights

  • Private Pool
  • Lake View
  • Recreation Room
  • Hunterdon Central Regional High School District Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2020

Welcome home to this beautiful 2 bedroom, 2.5 bathroom town-home set on a quiet cul-de-sac with 1 car garage, private back yard, and nearby lake views. Enter inside and see gleaming hardwood floors and formal dining room. An eat in kitchen with stainless steel appliances and living room with stone fireplace flank the formal dining room, while an office space with access to the rear deck and private views completes the first level. The upstairs has two bedrooms - each with ample closet space and it's own full bath - and a dedicated laundry area for added convenience. A partially finished basement and an additional room just for storage add flexibility to the unit. Close to major highways, shopping, and top ranked schools, the only thing it's missing is you!

Last Agent to Sell the Property

GREGORY EISENHART

KELLER WILLIAMS REAL ESTATE Listed on: 05/26/2020

Last Buyer's Agent

Deepak Kumar

RE/MAX INSTYLE

RE/MAX INSTYLE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1987

Lot Details

  • 2,614 Sq Ft Lot

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Additional Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,756 Sq Ft Home
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lake Views
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Barley Sheaf Elementary School
  • Jp Case Middle School
  • Hunterdon Cent High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1921-00072-0007-00040-0000-

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,028

Year Built

Built in 1987

Lot Details

0

HOA Fees

$128 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Hunterdon
  • Street Number Display: 40
  • Directions: Rt 31/202 to Voorhees Corner Rd. Turn Right onto Edgewood Dr; first Left onto Case Blvd. Left onto Sunridge Dr, Right onto Elm Terrace.
  • I D: 4983969
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Sun Ridge
  • First Name: GREGORY
  • First Name3: DEEPAK
  • Last Name: EISENHART
  • Last Name3: KUMAR
  • Office Phone: 908-751-7750
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Shades, Skylight, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 19x10
  • Kitchen Level: First
  • Living Room Dim: 15x11
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 11x7
  • Other Room1 Level: First
  • Other Room2 Dim: 22x17
  • Other Room2 Level: Basement
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Office, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1756
  • Phone: 908-751-7750

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk, Storm Door(s), Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Jogging/Biking Path, MulSport, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 128
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Schools

  • Elementary School: Barley Sheaf ES
  • Middle School: JP Case MS
  • High School: Hunterdon Cent
  • High School: Hunterdon Cent
  • Middle Jr High School: JP Case MS

Lot Info

  • Lot Size: 0.0646
  • Assessed Improvement Value: 169000
  • Assessed Land Value: 110000
  • Assessment: 279000
  • Lot Description: Lake/Water View
  • Lot Identifier: 40
  • Lot I D Tax: *
  • Total Acres: 0.06

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7028
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1921-00072-0007-00040-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.519
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Barley Sheaf ES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 22, 2020
Sold by
Deshpande Gururaj and Mahipati Seema
Bought by
Varughese Cherian Pathalil
Seller's Agent
GREGORY EISENHART
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
Deepak Kumar
RE/MAX INSTYLE
List Price
$305,000
Sold Price
$318,000
Premium/Discount to List
$13,000
4.26%
Current Estimated Value
$487,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,607
Avg. Annual Appreciation
8.67%
Original Mortgage
$302,100
Outstanding Balance
$271,438
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$213,759

Purchase Details

Closed on
Aug 6, 2009
Sold by
Kiser Ronald and Kiser Melba
Bought by
Deshpande Gururaj and Mahipati Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,400
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Gonzalez Carlos R
Bought by
Kiser Ronald and Kiser Melba

Purchase Details

Closed on
Jun 1, 1993
Sold by
Daugherty James
Bought by
Gonzales Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.21%

Purchase Details

Closed on
Aug 28, 1991
Sold by
Leverette Sheryl R
Bought by
Daugherty James K

Purchase Details

Closed on
Oct 17, 1988
Sold by
Sun Ridge Inc
Bought by
Leverette Sheryl Renee
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
Varughese Cherian Pathalil $318,000 True North Title Svcs Llc
Deshpande Gururaj $284,250 First American Title Ins Co
Kiser Ronald $15,000 --
Gonzales Carlos $148,000 --
Daugherty James K $147,500 --
Leverette Sheryl Renee $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varughese Cherian Pathalil $302,100
Previous Owner Deshpande Gururaj $215,000
Previous Owner Deshpande Gururaj $227,400
Previous Owner Gonzales Carlos $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $318,000 +4.3% $181 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $305,000 -- $174 / Sq Ft
Source: Garden State 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 $8,083 $279,000 $110,000 $169,000
2024 $7,600 $279,000 $110,000 $169,000
2023 $7,600 $279,000 $110,000 $169,000
2022 $7,407 $279,000 $110,000 $169,000
2021 $7,028 $279,000 $110,000 $169,000
2020 $7,173 $279,000 $110,000 $169,000
2019 $7,028 $279,000 $110,000 $169,000
2018 $6,942 $279,000 $110,000 $169,000
2017 $6,836 $279,000 $110,000 $169,000
2016 $6,713 $279,000 $110,000 $169,000
2015 $6,543 $279,000 $110,000 $169,000
2014 $6,456 $279,000 $110,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3635191

Garden State MLS

APN: 21-00072-07-00040