Seller's Agent in 2016
Tony Lee
Home Journey Realty
(609) 456-8360
327 Total Sales
5 Rustic Dr Pennington, NJ 08534
Estimated Value: $1,617,000 - $1,781,000
5
Beds
5.5
Baths
5,421
Sq Ft
$313/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Commercial Range
- Deck
- Hopewell Valley Central High School Rated A
- Colonial Architecture
- Wooded Lot
About This Home
As of April 2016This Home has the perfect combo of size, functionality, location & charm w/5 lg bedrms, extra recreation spaces & enviable yard your family will have plenty of rm to live play & grow. The 1st thing you'll notice is the home's park-like setting seated on 4+ acres of land this property offers a wooded area plus a large green yard & mature plants/trees adorn the property giving you a sense of peace & calm. For entertaining the yard also includes a deck the full width of the home & in-ground pool. From the long driveway that leads to an attached 3 car garage walk up the chevron brick pathway & open the front doors to the Foyer. Let the grand staircase take your breath away beautiful hardwood flrs run thru-out & lg windows flood the entire house w/invigorating natural light. Keep your coats hidden away in the Foyer's 2 coat closets as you enter the Living Rm be sure to check out the beautiful custom woodwork & the private study w/its own fireplace & custom cabinetry. Continuing on you'll find a secluded 1st flr bedrm w/walk-in closet & full bath. You're sure to be awestruck by the sweeping ceilings & magnificent wood-burning fireplace featuring beautiful river rock hearth in Great Rm is sure to impress your friends for yrs to come.The Formal Dining Rm w/beautiful custom lite cabinetry. Proceed to the Kitchen, which is any cook's dreams come true you'll never have to worry about prep space, thanks to a granite island & an expanse of granite counterspace the Kitchen boasts Viking Stove & Sub-Zero refrigerator. Look out onto the backyard from your dinette table. Off the Kitchen, convenient 1st Flr Laundry Rm w/access to the garage & powder rm.Head up the breathtaking staircase to the 2nd Lvl. The Master Bedrm has its own wing & truly beautiful w/huge windows, high tray ceilings an open sitting area w/custom cabinetry & add'l rm for a 2nd possible office 2 lg walk-in closets for all the shoe & clothes storage you'll ever need.Your place of retreat might just be the Master BathA deep Jacuzzi tub is the perfect spot to relax & unwind. For the morning shower, a large tiled shower is waiting for you. 3 more well sized bedrooms on the 2nd Flr w/ample closets. One of the real gems of this home is the 2nd Floor Bonus Rm the perfect space to entertain live the finished Basement is massive w/a spacious open area & wet bar a smaller space previously used as a wine rm a full bath & the perfect Media Rm. Also, you'll have all the room you'll ever need for storage.
Last Agent to Sell the Property
(609) 456-8360 tonyleeteam@gmail.com Home Journey Realty License #RM425593 Listed on: 09/25/2015
Last Buyer's Agent
(917) 750-4424 bmosquera@weichertrealtors.net Weichert Realtors-Princeton Junction
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,512
Year Built
- Built in 2000
Lot Details
- 4.11 Acre Lot
- Northwest Facing Home
- Level Lot
- Open Lot
- Wooded Lot
- Back, Front, and Side Yard
- Property is in good condition
- Property is zoned R150
Parking
- 3 Car Direct Access Garage
- 3 Open Parking Spaces
- Garage Door Opener
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Pitched Roof
- Shingle Roof
- Wood Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,421 Sq Ft Home
- Property has 2 Levels
- Wet Bar
- Central Vacuum
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Marble Fireplace
- Stone Fireplace
- Bay Window
- Family Room
- Living Room
- Dining Room
- Attic
Kitchen
- Butlers Pantry
- Built-In Self-Cleaning Oven
- Commercial Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Home Security System
- Intercom
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- ENERGY STAR Qualified Equipment for Heating
Outdoor Features
- In Ground Pool
- Deck
- Exterior Lighting
- Shed
- Porch
Schools
- Hopewell Elementary School
- Timberlane Middle School
- Central High School
Utilities
- Cooling System Utilizes Bottled Gas
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Propane
- Programmable Thermostat
- Underground Utilities
- 200+ Amp Service
- Well
- Electric Water Heater
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
- Elm Ridge Park Subdivision
Listing and Financial Details
- Tax Lot 00014 07
- Assessor Parcel Number 06-00043 02-00014 07
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2015
Closed on
Apr 27, 2016
Sold by
Cadence Bank National Association
Bought by
Gottschall Derek John and Gottschall Jamie
Seller's Agent
Tony Lee
Home Journey Realty
Buyer's Agent
Barbara Mosquera
Weichert Realtors-Princeton Junction
List Price
$949,900
Sold Price
$999,999
Premium/Discount to List
$50,099
5.27%
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
$699,383
Avg. Annual Appreciation
5.67%
Original Mortgage
$799,000
Outstanding Balance
$632,723
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,066,659
Purchase Details
Closed on
May 5, 2015
Sold by
Barch James E and Barch Nancy L
Bought by
Candence Bank Na
Purchase Details
Closed on
Mar 28, 2003
Sold by
Osberg Gregory
Bought by
Youngran Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,825,000
Interest Rate
5.88%
Purchase Details
Closed on
Apr 8, 2000
Sold by
Facompre Construction Inc
Bought by
Barch James and Barch Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.23%
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 |
|---|---|---|---|
| Gottschall Derek John | $999,999 | Empire Title & Abstract Agen | |
| Candence Bank Na | -- | Attorney | |
| Youngran Lee | $1,275,000 | -- | |
| Barch James | $860,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gottschall Derek John | $799,000 | |
| Previous Owner | Youngran Lee | $1,825,000 | |
| Previous Owner | Barch James | $585,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $999,999 | +1.3% | $184 / Sq Ft |
| 03/23/2016 03/23/16 | Pending | -- | -- | -- |
| 01/25/2016 01/25/16 | Price Changed | $987,500 | +4.0% | $182 / Sq Ft |
| 01/21/2016 01/21/16 | For Sale | $949,900 | 0.0% | $175 / Sq Ft |
| 10/04/2015 10/04/15 | Pending | -- | -- | -- |
| 09/25/2015 09/25/15 | For Sale | $949,900 | -- | $175 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $33,903 | $1,073,900 | $343,900 | $730,000 |
| 2024 | $32,818 | $1,073,900 | $343,900 | $730,000 |
| 2023 | $32,818 | $1,073,900 | $343,900 | $730,000 |
| 2022 | $32,142 | $1,073,900 | $343,900 | $730,000 |
| 2021 | $32,851 | $1,073,900 | $343,900 | $730,000 |
| 2020 | $32,056 | $1,073,900 | $343,900 | $730,000 |
| 2019 | $31,272 | $1,073,900 | $343,900 | $730,000 |
| 2018 | $30,692 | $1,073,900 | $344,400 | $729,500 |
| 2017 | $29,854 | $1,073,900 | $344,400 | $729,500 |
| 2016 | $28,222 | $1,073,900 | $344,400 | $729,500 |
| 2015 | $28,512 | $1,073,900 | $344,400 | $729,500 |
| 2014 | $27,921 | $1,073,900 | $344,400 | $729,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lee
-
Barbara Mosquera
Buyer's Agent in 2016
Barbara Mosquera
Weichert Corporate
(917) 750-4424
19 Total Sales
Map
Source: Bright MLS
MLS Number: 1002706572
APN: 06-00043-02-00014-07
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