$406,000
SOLD JUL 29, 2015

558 W Scotch Rd Pennington, NJ 08534

4 Beds
2 Baths
2,281 Sq Ft
2.77 Acres

Recently Sold

$178 Per Sq Ft

10% Below List Price

284 Days on Market

Highlights

  • 2.77 Acre Lot
  • Colonial Architecture
  • Wooded Lot
  • Hopewell Valley Central High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2022

This is a wonderful country home with 2 rooms(LR&Ktchn)dating back to the late 1800's. A new 5 bedroom septic was installed in 2004. This home was renovated and expanded with comfort and usefulness in mind and includes a three bay garage, front to back family room with fireplace and an office with its own entrance and a first floor bath with shower. The grounds are designed for outdoor living and boast a brick barbecue, patio, fish pond and deck as well as a fenced dog kennel. Situated on 2.77 acres there is plenty of room for all your recreational vehicles. There is also tremendous attic storage (8'x30'), large closets, 3 zone heat and central air and wonderful natural light throughout the home. Small surprises include central vac, skylights, bay windows, recessed lighting, pumpkin pine flooring in the kitchen, 2 attic fans, outside access to the basement and attic and potting sheds in the yard. The wall dividing the 3rd and 4th bedrooms is easily removed to make one large bedroom. This property is beautifully situated along a country lane and across from preserved farmland. It's placement on the lot allows for maximum use of the land in a very serene and private setting. It is centrally located in Hopewell Township and close to everything! Be sure to browse the "home improvement" binder when you come by!

Last Agent to Sell the Property

Mary Jane Kent

David DePaola and Company Real Estate License #0454611 Listed on: 07/28/2014

Last Buyer's Agent

JOHN CHLUDZINSKI

Winding River Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,034

Year Built

  • Built in 1984

Lot Details

  • 2.77 Acre Lot
  • Lot Dimensions are 338' x 560'
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is in good condition
  • Property is zoned VRC

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,281 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Partial Basement
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio

Schools

  • Bear Tavern Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 06-00089 01-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,034

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Family Room Chandelier
  • Inclusions: Regrigerator, Washer, Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1984
  • Remarks Public: This is a wonderful country home with 2 rooms(LR&Ktchn)dating back to the late 1800's. A new 5 bedroom septic was installed in 2004. This home was renovated and expanded with comfort and usefulness in mind and includes a three bay garage, front to back family room with fireplace and an office with its own entrance and a first floor bath with shower. The grounds are designed for outdoor living and boast a brick barbecue, patio, fish pond and deck as well as a fenced dog kennel. Situated on 2.77 acres there is plenty of room for all your recreational vehicles. There is also tremendous attic storage (8'x30'), large closets, 3 zone heat and central air and wonderful natural light throughout the home. Small surprises include central vac, skylights, bay windows, recessed lighting, pumpkin pine flooring in the kitchen, 2 attic fans, outside access to the basement and attic and potting sheds in the yard. The wall dividing the 3rd and 4th bedrooms is easily removed to make one large bedroom. This property is beautifully situated along a country lane and across from preserved farmland. It's placement on the lot allows for maximum use of the land in a very serene and private setting. It is centrally located in Hopewell Township and close to everything! Be sure to browse the "home improvement" binder when you come by!
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Butlers Pantry, Skylight(s), Ceiling Fan(s), Attic/House Fan, Central Vacuum, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 2281
  • Living Area Sq Ft: 2281
  • Net Sq Ft: 2281.00
  • Price Per Sq Ft: 179.31
  • Above Grade Finished Sq Ft: 2281
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 558

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: BEAR TAVERN
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: BEAR TAVERN
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 262400.00
  • Land Assessed Value: 238900.00
  • Lot Features: Level, Open, Trees/Wooded
  • Lot Size Acres: 2.77
  • Lot Dimensions: 338' X 560'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 120661.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: VRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2124867
  • Tax Annual Amount: 13034.00
  • Assessor Parcel Number: 06-00089 01-00013
  • Tax Lot: 00013
  • Tax Year: 2014
  • Close Date: 07/29/2015

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 5, 2022
Sold by
Russell Gareth J and Russell Kimberly N
Bought by
Lane Philip Michael and Lane Nicole Frances
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Sandy Brown
BHHS Fox & Roach Hopewell Valley
List Price
$449,000
Sold Price
$510,000
Premium/Discount to List
$61,000
13.59%
Current Estimated Value
$710,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,954
Avg. Annual Appreciation
9.98%
Original Mortgage
$300,000
Outstanding Balance
$279,296
Interest Rate
3.11%
Estimated Equity
$437,530

Purchase Details

Listed on
Jul 28, 2014
Closed on
Jul 10, 2015
Sold by
Vurgason George A and Vurgason Margaret Ann
Bought by
Russell Gareth J and Russell Kimberly N
Seller's Agent
Mary Jane Kent
David DePaola and Company Real Estate
Buyer's Agent
JOHN CHLUDZINSKI
Winding River Realty
List Price
$449,000
Sold Price
$406,000
Premium/Discount to List
-$43,000
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$40,600
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $510,000 New Title Company Name
Deed $406,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 No Value Available
Previous Owner $40,600 Credit Line Revolving
Previous Owner $324,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $510,000 +13.6% $224 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $449,000 +10.6% $197 / Sq Ft
07/29/2015 07/29/15 Sold $406,000 -0.7% $178 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/21/2015 04/21/15 Price Changed $409,000 -2.0% $179 / Sq Ft
04/11/2015 04/11/15 Price Changed $417,500 -1.8% $183 / Sq Ft
09/20/2014 09/20/14 Price Changed $425,000 -5.3% $186 / Sq Ft
07/28/2014 07/28/14 For Sale $449,000 -- $197 / 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
2024 $13,254 $448,900 $254,100 $194,800
2023 $13,254 $433,700 $238,900 $194,800
2022 $12,981 $433,700 $238,900 $194,800
2021 $13,267 $433,700 $238,900 $194,800
2020 $12,773 $427,900 $238,900 $189,000
2019 $12,460 $427,900 $238,900 $189,000
2018 $12,229 $427,900 $238,900 $189,000
2017 $11,896 $427,900 $238,900 $189,000
2016 $11,245 $427,900 $238,900 $189,000
2015 $11,361 $427,900 $238,900 $189,000
2014 $13,034 $501,300 $238,900 $262,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003024676

Bright MLS

APN: 06-00089-01-00013