NOT LISTED FOR SALE

5 Hansen Place Pennington, NJ 08534

Estimated Value: $928,000 - $1,037,747

5 Beds
2 Baths
1,536 Sq Ft
$634/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $610,000 $397 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,107/month

79 Days on Market

Highlights

  • 6.45 Acre Lot
  • Private Lot
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Farmhouse Style Home
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

A Playfully Restored Barn, 1700s Cottage and Artist Studio/Home Office in Pennington Borough Set on nearly 6 acres of rolling meadows, a stream and towering trees, but also "in- town", this property includes 3 buildings high on charm, personality and versatility. The highlight is an 1850 post-and beam barn, meticulously reimagined as a residence/retreat. The first floor offers one or two bedrooms, a five-star limestone shower, and marble steam room with a soaking tub and separate shower. Multiple sets of black metal French doors frame panoramic views of the property, and lead to a deep front porch made of epay wood. A lively pop of color-bright yellow Italian kitchen cabinetry-provides a sunny greeting near the front entrance. Radiant heat concrete floors, expertly restored wood floors, venetian plastered walls and ceilings, and European fixtures add a touch of modern elegance. The second floor offers a high, sun-filled space for a master bedroom, yoga/meditation studio or home office, with wide plank chestnut floors, white lacquered drawers and gallery-style bookcases, and powder room. A bungalow-style post and beam cottage, dating to the 1700s, is at the center of the property. Recently remodeled with a new kitchen and boiler, the cottage retains much original charm with wide plank wood floors, exposed beam ceilings and stone basement. A large bathroom with clawfoot tub and hand-held shower, living room prepped for a wood/pellet stove, dining room and den/office complete the first level. Upstairs, find four bedrooms or home office/craft rooms. A door from the kitchen leads to the backyard, and a deep front porch deep needs invites relaxation. The third structure, recently built, is a spacious modern studio with big windows, skylights, aluminum metal roof and full basement, perfect for an artist studio or home office/business. Both it and the barn are equipped with new electric and high-speed internet service. Two winding driveways, from Lewis Brook Rd. and N. Main St., offer dual access to the one of the largest sites in town, which is adjacent Penn View Heights neighborhood and has been vacant since COVID-19. Enjoy sidewalk access to a downtown filled with boutiques, eateries, spas, schools, the renowned Pennington Market, plus a short commute to Princeton, Hopewell, Lambertville, Bucks County and the NJ Transit Hamilton train station for a quick trip to NYC or Philadelphia.

Last Agent to Sell the Property

Susan DeHaven

(609) 468-3899 sdehaven@corcoranss.com Corcoran Sawyer Smith - Pennington Listed on: 09/09/2020

Co-Listed By

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith - Pennington License #785606

Last Buyer's Agent

Kristin Norkus

(609) 504-7733 knorkus@weichert.com Weichert Realtors-Princeton Junction License #1970378

Weichert Realtors-Princeton Junction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,948

Year Built

  • Built in 1880

Lot Details

  • 6.45 Acre Lot
  • Private Lot
  • Level Lot
  • Property is zoned VRC

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Cottage
  • Frame Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Well
  • Natural Gas Water Heater
  • Applied For Permit
  • On Site Septic
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00015 02
  • Assessor Parcel Number 06-00046-00015 02

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,948

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cottage, Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: 2 orange lights in barn, doorset leading from entry room to rear room, first floor barn, owner will install two lamps and door panel to replace
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 422.53
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Applied For Permit, On Site Septic, Public Hook/Up Avail
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143800.00
  • Land Assessed Value: 335200.00
  • Lot Features: Level, Private
  • Lot Size Acres: 6.45
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 280962.00
  • Zoning: VRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2121228
  • Tax Annual Amount: 13948.00
  • Assessor Parcel Number: 06-00046-00015 02
  • Tax Lot: 00015 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Feb 3, 2021
Sold by
Popkin Daniel A
Bought by
Fernandez Gimbert and Fernandez Carmen
Seller's Agent
Susan DeHaven
Corcoran Sawyer Smith - Pennington
Buyer's Agent
Kristin Norkus
Weichert Realtors-Princeton Junction
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
$973,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,582
Avg. Annual Appreciation
9.88%
Original Mortgage
$480,000
Outstanding Balance
$427,949
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$545,633

Purchase Details

Closed on
Nov 22, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fernandez Gimbert $610,000 Fidelity National Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Gimbert $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $610,000 -6.0% $397 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $649,000 +6.4% $423 / Sq Ft
09/09/2020 09/09/20 Off Market $610,000 -- --
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 $24,189 $766,200 $335,200 $431,000
2024 $12,646 $766,200 $335,200 $431,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME301186

Bright MLS

APN: 06-00046-0000-00015-02