NOT LISTED FOR SALE

402 Reading Ave Pennington, NJ 08534

Estimated Value: $758,609 - $1,055,000

4 Beds
2.5 Baths
2,272 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $495,000 $218 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,795/month

28 Days on Market

Highlights

  • Barn or Farm Building
  • Dutch Architecture
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • Butlers Pantry

About This Home

As of June 2016

Within walking distance to everything Pennington Borough has to offer, this spacious 4 bedroom 2 1/2 bath home has classic charm with modern conveniences and sits on over a half acre! Chestnut trim, 5 panel doors and hardwood flooring are found throughout the home. A large eat in kitchen with stainless steel appliances overlooks the backyard. A family room with fireplace and built in book shelves just off the kitchen is the heart of the home. A classic dining room with bay window and formal living room are the perfect spaces to entertain. On the second level you will find 4 spacious bedrooms, a study or "sitting room", and a walk up attic that allows room for expansion. Schedule your showing today! Barn is being sold "as is". Seller is offering a one-year home warranty!

Last Agent to Sell the Property

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith - Pennington License #785606 Listed on: 03/13/2016

Corcoran Sawyer Smith - Pennington

Last Buyer's Agent

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,713

Year Built

  • Built in 1940

Lot Details

  • 0.54 Acre Lot
  • Property is in good condition
  • Property is zoned R-80

Parking

  • 3 Open Parking Spaces

Home Design

  • Dutch Architecture
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Schools

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

Farming

  • Barn or Farm Building

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 08-00902-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,713

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • Inclusions: Washer. Dryer, Refrigerator, Lighting
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Dining Area
  • Window Features: Bay/Bow
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2272
  • Living Area Sq Ft: 2272
  • Net Sq Ft: 2272.00
  • Price Per Sq Ft: 220.03
  • Above Grade Finished Sq Ft: 2272
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn/Farm Building
  • Construction Materials: Aluminum Siding, Wood Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 195300.00
  • Land Assessed Value: 283000.00
  • Lot Size Acres: 0.54
  • Lot Dimensions: .54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23522.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137962
  • Tax Annual Amount: 12713.00
  • Assessor Parcel Number: 08-00902-00008
  • Tax Lot: 00008
  • Tax Year: 2015

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2016
Closed on
May 31, 2016
Sold by
Long Joseph H and Khandwala Gopa
Bought by
Davis Christian B and Davis Katie J
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith - Pennington
Buyer's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%
Current Estimated Value
$863,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,402
Avg. Annual Appreciation
5.93%
Original Mortgage
$49,450
Outstanding Balance
$39,408
Interest Rate
3.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$823,994

Purchase Details

Closed on
Sep 2, 2010
Sold by
Harbach Gregory and Harbach Colleen
Bought by
Long Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Tucker Edwin
Bought by
Harbach Gregory and Harbach Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Davis Christian B $495,000 Old Republic Natl Title Ins
Long Joseph H $505,000 None Available
Harbach Gregory $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Christian B $49,450
Open Davis Christian B $396,000
Previous Owner Long Joseph H $375,000
Previous Owner Harbach Gregory $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $495,000 -1.0% $218 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $499,900 -- $220 / 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 $15,741 $484,200 $283,000 $201,200
2024 $14,763 $484,200 $283,000 $201,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003882991

Bright MLS

APN: 08-00902-0000-00008