Seller's Agent in 2024
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
(609) 828-1450
119 Total Sales
48 Elm Ridge Rd Pennington, NJ 08534
Estimated Value: $2,589,936 - $2,958,000
6
Beds
6
Baths
--
Sq Ft
31.35
Acres
Highlights
- Additional Residence on Property
- 1,000 Feet of Waterfront
- 31.35 Acre Lot
- Hopewell Valley Central High School Rated A
- Heated In Ground Pool
- Colonial Architecture
About This Home
As of August 2024Sycamore Creek is a ?s?ecret hideaway of unmatched natural beauty and private tranquility. For well over a century, the original farmhouse and its 3-story barn stood nearly unchanged beside 2 picturesque ponds and the gently flowing waters of Stony Brook. Thanks to preserved surroundings, the bucolic ambiance of the 31+ acres can remain forever this unspoiled. The artfully enlarged house, however, is far from trapped in time. The structure evolved from a rambling farmhouse to a modern showplace designed for displaying world-class art to an unforgettable venue for the avid entertainer. The striking great room by NYC-based firm Stamberg and Aferiat just benefited from the addition of a bar worthy of the chicest cosmopolitan
hotel. Pull up a stool beside the massive original cooking fireplace or step outside to the new outdoor kitchen. A curved wall of glass in the dining and sitting areas overlooks the heated saltwater pool with stone walls and the most glorious pair of Japanese maples, just one example of the specimen trees situated around the pond. This wing can be closed off for events or if you simply wish to keep the more intimate spaces private. Cozier areas include a library with warm grasscloth walls, a 2-story family room and adjoining sitting room bookended with fireplaces as well as a high-end kitchen renovation with a separate dining area now includes a sunny work-from-home nook with built-in desks. Another smart recent improvement was to properly connect the guest quarters via a new mudroom. This completely renovated, 4-room, skylit wing is overly hospitable with a kitchenette, pellet stove and access to the patio, where a bygone summer kitchen is positively charming. Highlights of the upper level include a study lined with carved paneling and hidden storage, as if plucked from a mystery novel, and the main suite with a barrel vaulted ceiling sheathed in wood brought in from California. Walls of cedar-lined closets, a balcony and a huge soaking tub are thoughtful amenities, but it’s the magical pond view that will get your mornings started on the right foot. While exploring the property, you will happen upon a magical tea house surrounded by pathways, plantings and a footbridge to an island–what a setting for imaginative play and outdoor adventuring! A 2-bedroom caretaker’s cottage is privately situated behind the barn, both of which are ripe with potential. This one-of-a-kind, second-to-none property is minutes from Princeton, ?nestled right between NYC and Philadelphia.
Last Listed By
Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 05/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $51,087
Year Built
- Built in 1902
Lot Details
- 31.35 Acre Lot
- 1,000 Feet of Waterfront
- Level Lot
- Open Lot
- Wooded Lot
- Back, Front, and Side Yard
- Block 44, Lot 28Q
- Property is zoned VRC, Conservation Easement, Farmland Assessed
Parking
- 3 Car Detached Garage
- 100 Driveway Spaces
- Side Facing Garage
Home Design
- Colonial Architecture
- Contemporary Architecture
- Farmhouse Style Home
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Slate Roof
- Wood Roof
- Metal Roof
- Wood Siding
Interior Spaces
- Property has 2 Levels
- Built-In Features
- Bar
- 3 Fireplaces
- Mud Room
- Entrance Foyer
- Great Room
- Family Room
- Living Room
- Dining Room
- Den
- Library
- Home Gym
- Wood Flooring
- Water Views
- Unfinished Basement
- Partial Basement
- Attic
Kitchen
- Kitchenette
- Breakfast Room
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- In-Law or Guest Suite
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Water Access
- Property is near a pond
- Pond
- Balcony
- Patio
- Terrace
- Exterior Lighting
- Shed
Additional Homes
- Additional Residence on Property
Farming
- Barn or Farm Building
- Spring House
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Water Treatment System
- Well
- Oil Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00028
- Assessor Parcel Number 06-00044-00028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2018
Closed on
Jun 25, 2018
Sold by
Ramsay David R and Burrough Beth L
Bought by
Baverstock Daniel and Baverstock Alyson
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,950,000
Sold Price
$1,500,000
Premium/Discount to List
-$2,450,000
-62.03%
Total Days on Market
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,306,312
Avg. Annual Appreciation
9.55%
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2007
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 1992
Sold by
Johnston Robert F and Johnston Lynn D
Bought by
Hell Gene A and Hell Marcia H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baverstock Daniel | $1,500,000 | First American Title | |
| -- | -- | -- | |
| Hell Gene A | $1,150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baverstock Daniel | $972,500 | |
| Closed | Baverstock Daniel | $1,000,000 | |
| Previous Owner | Ramsay David R | $1,000,000 | |
| Previous Owner | Ramsay David R | $995,000 | |
| Previous Owner | Ramsay David R | $1,332,000 | |
| Previous Owner | Ramsay David | $4,250,000 | |
| Previous Owner | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $2,930,000 | -2.2% | -- |
| 06/17/2024 06/17/24 | For Sale | $2,995,000 | 0.0% | -- |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $2,995,000 | +99.7% | -- |
| 06/21/2018 06/21/18 | Sold | $1,500,000 | -62.0% | -- |
| 05/15/2018 05/15/18 | Pending | -- | -- | -- |
| 04/05/2018 04/05/18 | For Sale | $3,950,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $50,424 | $1,663,800 | $355,500 | $1,308,300 |
| 2023 | $50,424 | $1,650,000 | $355,500 | $1,294,500 |
| 2022 | $49,385 | $1,650,000 | $355,500 | $1,294,500 |
| 2021 | $50,474 | $1,650,000 | $355,500 | $1,294,500 |
| 2020 | $49,253 | $1,650,000 | $355,500 | $1,294,500 |
| 2019 | $57,329 | $1,968,700 | $355,500 | $1,613,200 |
| 2018 | $56,265 | $1,968,700 | $355,500 | $1,613,200 |
| 2017 | $54,730 | $1,968,700 | $355,500 | $1,613,200 |
| 2016 | $47,811 | $1,819,300 | $355,500 | $1,463,800 |
| 2015 | $48,302 | $1,819,300 | $355,500 | $1,463,800 |
| 2014 | $47,302 | $1,819,300 | $355,500 | $1,463,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Henderson Kenyon
-
Maura Mills
Seller's Agent in 2018
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
(609) 947-5757
128 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2042758
APN: 06-00044-0000-00028
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