NOT LISTED FOR SALE

5 Aqua Terrace Pennington, NJ 08534

Estimated Value: $1,016,000 - $1,188,000

4 Beds
4 Baths
3,193 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $620,000 $194 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,626/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Hopewell Valley Central High School Rated A
  • Garden View
  • Bonus Room

About This Home

As of October 2019

Excellent value! High quality, custom details and move in ready are the hallmarks of this stately home in Hopewell Township's prestigious Elm Ridge Park. A curving brick walkway leads to a bold red front door, opening into a welcoming foyer. To the left, a formal dining room with ceiling medallion, chandelier and crown molding sets an elegant stage for entertaining; to the right, a spacious living room with wood-burning fireplace opens to an award-winning great room and wet bar addition designed by KSS Architects of Princeton. Stunningly detailed, this room features a cathedral ceiling; full length Pella windows on three sides and a custom geometric window as a focal point; and a French door topped with a half-moon window and ceiling arched to match. The bar or butler's pantry, which connects the great room to the breakfast room, has a vaulted ceiling detailed overhead with pergola and skylight. At the heart of the home, a cook's kitchen opens to the breakfast room, where a second wood-burning fireplace provides ambiance, and a desk and cubbies are cleverly tucked behind folding doors. Kitchen cabinetry matches the panels on the Sub-Zero refrigerator/freezer, the Bosch dishwasher and the floor-to-ceiling pantry with pull-out shelving. Two Electrolux convection wall ovens and a Dacor cook top round out the appliances. A floor-to-ceiling custom bookcase, one of many in the home, and richly hued Golden Persa granite counters round out the room. On the second level, the master suite features a glassed-in shower with built-in bench and mosaic tile accents and a marble-topped vanity, and a spacious bedroom with three closets. Three other bedrooms share a hall bath with twin sinks. The finished basement has a spacious entertaining area, two counters with seating for four topped with Blue Pearl granite and a powder room, perfect for a media room or teen hang out. A third floor partially finished attic gym or office is sky lit and carpeted, with walk-in storage. Additional walk-up attic storage is accessed from the attached two-car garage. Enjoy a spacious bluestone terrace, park-like yard dotted with mature evergreen and deciduous trees, and garden beds lushly planted with spring-flowering bulbs, summer perennials and shrubbery. A quaint garden shed, topped with cedar shake roof shingles and a flying pig cupola, stores all your tools and outdoor furniture. Updates include maintenance-free Hardie plank siding and Azek trim and a whole house generator. Conveniently located minutes to Princeton, Routes 1, 295, the areas private schools, organic farm markets, and so much more. NOTE: 1 YEAR HOME WARRANTY INCLUDING ROOF INCLUDED! Gas is now in Elm Ridge Park if you wish to convert!

Last Agent to Sell the Property

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith License #785606 Listed on: 04/20/2019

Last Buyer's Agent

Cathy Nemeth

(609) 462-1237 cnemeth@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7859353

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,926

Year Built

  • Built in 1977

Lot Details

  • 1.38 Acre Lot
  • Property is in good condition
  • Property is zoned R150

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,193 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Game Room
  • Storage Room
  • Garden Views
  • Home Security System
  • Finished Basement

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Shed

Schools

  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 06-00043 17-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,926

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: washer/dryer, refrigerator, whole house generator, all lighting and window treatments as exist
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-04-23
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Fireplace Features: Brick, Mantel(s), Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Game Room, Breakfast Room, Great Room, Laundry, Storage Room, Bathroom 3, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Footprint Percent: 100.00
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3193
  • Living Area Sq Ft: 3193
  • Price Per Sq Ft: 195.74
  • Above Grade Finished Sq Ft: 3193
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Roof: Asphalt
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Clean Green Assessed: No
  • Green Remarks: Anderson wood clad windows, Hardi plank siding, azek trim 2009, whole house generator

Lot Info

  • Horses: No
  • Improvement Assessed Value: 385100.00
  • Land Assessed Value: 312100.00
  • Lot Size Acres: 1.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60113.00
  • Property Condition: Good
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120866
  • Tax Annual Amount: 19926.00
  • Assessor Parcel Number: 06-00043 17-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2019
Closed on
Oct 31, 2019
Sold by
Brence John B and Karns Julie A
Bought by
Luedeke Mark P and Luedeke Valerie B
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Cathy Nemeth
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$739,000
Sold Price
$620,000
Premium/Discount to List
-$119,000
-16.1%
Current Estimated Value
$1,106,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,628
Avg. Annual Appreciation
10.16%
Original Mortgage
$330,000
Outstanding Balance
$290,604
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$816,024

Purchase Details

Closed on
Aug 30, 1994
Sold by
Bigelow Frederick
Bought by
Brence John and Karns Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
8.54%
Source: Public Records

Range of Values:

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
Luedeke Mark P $620,000 None Available
Brence John $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luedeke Mark P $330,000
Previous Owner Brence John $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $620,000 -0.8% $194 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $625,000 -3.8% $196 / Sq Ft
07/12/2019 07/12/19 Price Changed $649,900 -5.7% $204 / Sq Ft
05/23/2019 05/23/19 Price Changed $689,000 -2.3% $216 / Sq Ft
05/16/2019 05/16/19 Price Changed $705,000 -4.6% $221 / Sq Ft
04/20/2019 04/20/19 For Sale $739,000 -- $231 / 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 $22,011 $697,200 $312,100 $385,100
2024 $21,306 $697,200 $312,100 $385,100
2023 $21,306 $697,200 $312,100 $385,100
2022 $20,867 $697,200 $312,100 $385,100
2021 $21,327 $697,200 $312,100 $385,100
2020 $20,811 $697,200 $312,100 $385,100
2019 $20,302 $697,200 $312,100 $385,100
2018 $19,926 $697,200 $312,100 $385,100
2017 $19,382 $697,200 $312,100 $385,100
2016 $18,322 $697,200 $312,100 $385,100
2015 $18,511 $697,200 $312,100 $385,100
2014 $18,127 $697,200 $312,100 $385,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME276880

Bright MLS

APN: 06-00043-17-00009