NOT LISTED FOR SALE

400 Reading Ave Pennington, NJ 08534

Estimated Value: $612,537 - $778,000

3 Beds
2.5 Baths
1,837 Sq Ft
$377/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $407,000 $222 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,669/month

246 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Hopewell Valley Central High School Rated A
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of August 2014

Turnkey and updated home in the heart of Pennington Borough. This move in ready 3 bedroom, 2-1/2 bath home is on a quiet street but close to the in town shops, restuarants, and schools. This home features a charming front porch and inviting foyer. An open Great Room is and versatile and perfect for entertaining. Can be used as one big space or broken up into separate living/dining areas. Sliding doors off of the Great Room provide access to the large fenced in backyard and deck. An updated eat in kitchen with maple cabinets and a first floor powder room will not disappoint. There is a spacious master bedroom and bathroom with walk in closet, and 2 additional bedrooms and bath upstairs. Newer roof, windows, bath, floors, and new high efficiency furnace and hot water heater. Come, see, stay! A true value.

Last Agent to Sell the Property

Jill Benvignati

jbenvignati@glorianilson.com BHHS Fox & Roach Hopewell Valley License #TREND:60021803 Listed on: 11/18/2013

Last Buyer's Agent

Joan George

(609) 915-4425 joangeorge@remax.net RE/MAX Tri County License #8134839

RE/MAX Tri County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,070

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • East Facing Home
  • Level Lot
  • Property is in good condition
  • Property is zoned R-80

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,837 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 08-00902-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,070

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1837
  • Living Area Sq Ft: 1837
  • Net Sq Ft: 1837.00
  • Price Per Sq Ft: 231.36
  • Above Grade Finished Sq Ft: 1837
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10070.00
  • Assessor Parcel Number: 08-00902-00009
  • Tax Lot: 00009
  • Tax Year: 2014

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2013
Closed on
Aug 19, 2014
Sold by
Shultis Christopher John and Prevete Corissa
Bought by
Totaro Guiseppe P and Totaro Patricia L
Seller's Agent
Jill Benvignati
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Joan George
RE/MAX Tri County
List Price
$450,000
Sold Price
$407,000
Premium/Discount to List
-$43,000
-9.56%
Current Estimated Value
$692,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,634
Avg. Annual Appreciation
4.77%
Original Mortgage
$284,900
Outstanding Balance
$210,042
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$482,592

Purchase Details

Closed on
Nov 9, 2012
Sold by
Shultis Elizabeth and Prevete Corissa
Bought by
Shultis Christopher John and Prevete Corissa

Purchase Details

Closed on
Jul 31, 2009
Sold by
Vander Schaaff Sarah M and Vander Schaaff Thomas L
Bought by
Shultis Elizabeth and Prevete Corissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Manel Richard
Bought by
Vander Schaaff Sarah and Thomas Vander Schaaff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.68%

Purchase Details

Closed on
Feb 28, 2001
Sold by
Blicher Peter
Bought by
Manel Richard and Drake Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
7.01%
Source: Public Records
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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
Totaro Guiseppe P $407,000 Multiple
Shultis Christopher John -- Commonwealth Land Title Insu
Shultis Elizabeth $459,000 Commonwealth Land Title Insu
Vander Schaaff Sarah $419,900 --
Manel Richard $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Totaro Guiseppe P $284,900
Previous Owner Shultis Elizabeth $413,100
Previous Owner Vander Schaaff Sarah $333,700
Previous Owner Manel Richard $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $407,000 -4.2% $222 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
04/24/2014 04/24/14 Price Changed $425,000 -3.4% $231 / Sq Ft
03/08/2014 03/08/14 Price Changed $440,000 -2.2% $240 / Sq Ft
11/18/2013 11/18/13 For Sale $450,000 -- $245 / 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 $12,581 $387,000 $257,700 $129,300
2024 $11,800 $387,000 $257,700 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003654756

Bright MLS

APN: 08-00902-0000-00009