NOT LISTED FOR SALE

406 Reading Ave Pennington, NJ 08534

Estimated Value: $611,525 - $732,000

3 Beds
2.5 Baths
1,806 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $399,000 $221 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,523/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Hopewell Valley Central High School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of June 2018

Easy on the eye and the pocketbook, in a quiet corner of Pennington where everything is still effortlessly reachable, this cozy and comfortable home has a light, fresh interior. An open concept design unites the family room, dining room, and kitchen in a casual floor plan. A wraparound counter separates the vaulted eating space from meal prep. The family/great room has attractive low-maintenance floors with zones for TV viewing and unwinding by the fire. Glass paned doors lead to the deck and yard and there's a powder room in the hall. Bedrooms are upstairs, generously proportioned and in a layout with loads of flexibility. Walk past a neatly hidden laundry closet to the main bedroom suite with private bath. Some simple reconfiguring with the adjacent home office would create a larger bedroom if desired. New neutral wall-to-wall carpet blankets all upstairs rooms. A clean-lined hall bath and a huge storage closet round out this level. Additional storage can be found in the attached garage and the full basement.

Last Agent to Sell the Property

Jane Henderson Kenyon

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 03/26/2018

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Danielle Spilatore

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0120423

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,216

Year Built

  • Built in 1986

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 80x250
  • Property is in good condition
  • Property is zoned R-80

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 08-00902-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,216

Year Built

Built in 1986

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor

Beds/Baths

  • Bedrooms: 3
  • 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

  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Improvement Assessed Value: 119500.00
  • Land Assessed Value: 260000.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 80X250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137965
  • Tax Annual Amount: 10216.00
  • Assessor Parcel Number: 08-00902-00006
  • Tax Lot: 00006
  • Tax Year: 2017

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
Palombo Michael T and Kugler Rachel R
Bought by
Palombo Michael T and Palombo Rachel R
Current Estimated Value
$671,631

Purchase Details

Listed on
Mar 26, 2018
Closed on
Jun 27, 2018
Sold by
Boveroux Lisa N
Bought by
Palombo Michael T and Kugler Rachel R
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Danielle Spilatore
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$339,150
Outstanding Balance
$292,689
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$378,942

Purchase Details

Closed on
Jun 1, 2010
Sold by
Flood Thomas E
Bought by
Boveroux Lisa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Vecchiarelli Christopher
Bought by
Flood Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.25%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Montague Pamela
Bought by
Vecchiarelli Christopher and Vecchiarelli Nicki

Purchase Details

Closed on
Jan 29, 1999
Sold by
Johnson Barbara
Bought by
Vecchiarelli Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.67%

Purchase Details

Closed on
May 17, 1996
Sold by
Stephenson Christine
Bought by
Gopel Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Palombo Michael T -- Hunter Title Agency Inc
Palombo Michael T $399,000 None Available
Boveroux Lisa N $380,000 None Available
Flood Thomas $319,000 --
Vecchiarelli Christopher $225,000 --
Vecchiarelli Pamela $199,000 --
Gopel Warren $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palombo Michael T $339,150
Previous Owner Boveroux Lisa N $140,000
Previous Owner Flood Thomas $255,200
Previous Owner Vecchiarelli Pamela $74,000
Previous Owner Gopel Warren $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $399,000 0.0% $221 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $399,000 -- $221 / Sq Ft
Source: Bright MLS

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 $12,338 $379,500 $260,000 $119,500
2024 $11,571 $379,500 $260,000 $119,500
2023 $11,571 $379,500 $260,000 $119,500
2022 $10,755 $379,500 $260,000 $119,500
2021 $10,687 $379,500 $260,000 $119,500
2020 $10,596 $379,500 $260,000 $119,500
2019 $10,398 $379,500 $260,000 $119,500
2018 $10,163 $379,500 $260,000 $119,500
2017 $11,651 $379,500 $260,000 $119,500
2016 $10,076 $379,500 $260,000 $119,500
2015 $10,087 $379,500 $260,000 $119,500
2014 $9,875 $379,500 $260,000 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000310934

Bright MLS

APN: 08-00902-0000-00006

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