NOT LISTED FOR SALE

5 Lexington Dr Pennington, NJ 08534

Estimated Value: $737,349 - $832,000

3 Beds
2.5 Baths
-- Sq Ft
8,712 Sq Ft

Last Sold December 23, 2021

Last sale price $579,000

Est. 32% increase in value since last sale

Current estimated payment $5,318/month

26 Days on Market

Highlights

  • Tennis Courts
  • View of Trees or Woods
  • Two Story Ceilings
  • Active Adult
  • Premium Lot
  • Traditional Architecture

About This Home

As of December 2021

On a tree-lined street in a prime location in Wellington Manor, directly across from the clubhouse and pool, this former model home has so much to offer starting outside with extra parking. Inside, numerous upgrades stand out both upstairs and down. The floor plan begins with a library/den through French doors off the grand foyer. Gleaming wood floors flow into the dining room with sliders to a covered patio. An open-concept kitchen, breakfast area, and 2-story great room with a gas fireplace serve as the heart of the home. Almost every corner of this home connects directly with the outdoors, with multiple doors reaching patios and upstairs off the loft retreat, a charming balcony. The main level bedroom has all the components of a plush retreat: tray ceiling, roomy walk-in closet, sitting area, en suite bathroom with dual vanity, soaking tub and more. In the same corridor find a handsome powder room and a large laundry room. Upstairs, a generous versatile light-filled loft space with ample room for a second family room is next to two good sized bedrooms, a lovely full bathroom and an enormous storage closet. Wellington Manor is a very desirable community whose residents share many recreational facilities including swimming pool, tennis court, bocce courts and clubhouse with exercise room and a kitchen equipped for the many social events held here. Bring your pets and enjoy the beautiful wooded areas behind and beside this warm and inviting home. This amenity-rich 55+ community is close to all the cultural offerings of nearby Princeton, very convenient to shopping and golf, and both New York and Philadelphia.

Last Agent to Sell the Property

Margaret 'Peggy' Baldwin

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7865840 Listed on: 11/05/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Judith Budwig

(609) 924-1600 wendy.merkovitz@foxroach.com BHHS Fox & Roach - Princeton License #1432354

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,061

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Premium Lot
  • Level Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R100

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding
  • Chimney Cap
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Tray Ceiling
  • Two Story Ceilings
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00007 03
  • Assessor Parcel Number 06-00078-00007 03

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, all ground fee, health club, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), recreation facility, snow removal, trash
  • Active Adult | Residents must be 55 or older
  • Wellington Manor HOA
  • Wellington Manor Subdivision
  • Property Manager

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,061

Year Built

Built in 2003

Lot Details

8,712 Sq Ft Lot

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Appliances, Draperies as exist, blinds as exist
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dryer, Dishwasher, Intercom, Microwave, Oven - Self Cleaning, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Engineered Wood
  • Interior Amenities: Breakfast Area
  • Window Features: Double Hung
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, French
  • Wall Ceiling Types: 2 Story Ceilings, Dry Wall, High, Tray Ceilings
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Stucco, Vinyl Siding
  • Exterior Features: Chimney Cap(s), Exterior Lighting, Sidewalks, Street Lights, Tennis Court(s)
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods, Street, Park/Greenbelt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Paved Parking
  • Garage Features: Built In, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv Available, Phone
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 690.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, All Ground Fee, Health Club, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Name: WELLINGTON MANOR HOA
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STONY BROOK E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 299000.00
  • Land Assessed Value: 128000.00
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Premium, Rear Yard, Sideyard(s), Level
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Excellent
  • Zoning: R100

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2124316
  • Tax Annual Amount: 13061.00
  • Assessor Parcel Number: 06-00078-00007 03
  • Tax Lot: 00007 03
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 23, 2021
Sold by
Giancola William T
Bought by
Hayman James E and Hayman Sharon J
Seller's Agent
Margaret 'Peggy' Baldwin
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Judith Budwig
BHHS Fox & Roach - Princeton
List Price
$540,000
Sold Price
$579,000
Premium/Discount to List
$39,000
7.22%
Current Estimated Value
$765,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,337
Avg. Annual Appreciation
6.89%
Original Mortgage
$288,000
Outstanding Balance
$264,884
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$500,453

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 21, 2021
Sold by
Giancola William T
Bought by
Hayman James E and Hayman Sharon J
Seller's Agent
Margaret 'Peggy' Baldwin
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Judith Budwig
BHHS Fox & Roach - Princeton
List Price
$540,000
Sold Price
$579,000
Premium/Discount to List
$39,000
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$264,884
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$500,453

Purchase Details

Closed on
Feb 25, 2014
Sold by
Burns Janet P and Giancola William T
Bought by
Giancola William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2006
Sold by
Beazer Homes Corp
Bought by
Giancola William and Burns Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayman James E $579,000 Etitle Solutions
Hayman James E $579,000 E Title Solutions
Giancola William J -- Agent For First Amer Title I
Giancola William $543,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayman James E $288,000
Closed Hayman James E $288,000
Previous Owner Giancola William J $250,000
Previous Owner Giancola William $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $579,000 +7.2% --
11/05/2021 11/05/21 For Sale $540,000 -- --
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 $13,884 $439,800 $140,800 $299,000
2024 $13,440 $439,800 $140,800 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2006882

Bright MLS

APN: 06-00078-0000-00007-03

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