NOT LISTED FOR SALE

56 E Welling Ave Pennington, NJ 08534

Estimated Value: $726,116 - $920,000

4 Beds
2 Baths
-- Sq Ft
5,200 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $600,000

Est. 36% increase in value since last sale

Current estimated payment $5,509/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Private Lot
  • Screened Porch
  • Hopewell Valley Central High School Rated A
  • No HOA
  • Breakfast Room

About This Home

As of June 2021

Relax and recharge in this sweetest gem of a home! A well-cared-for Cape with new (2019) septic set in one of Hopewell’s most delightful neighborhoods, on the edge of Pennington Borough within a few blocks of the Tollgate Grammar School with a newly re-done screened porch to boot, here is your must-see home! Its classic Cape floor plan includes new bamboo floors in many rooms. The updated kitchen opens into a large breakfast room with a picture window that looks upon the garden. The living room is cheerful and bright with a fireplace, opening to the porch. A wall of built-ins keeps everything organized in the family room. Two main floor bedrooms share a renovated bathroom while a second renovated bath accommodates two additional bedrooms and a loft upstairs. The walk-in cedar closet is perfect for storing sweaters and coats. Outside, mature plantings provide privacy in the yard which also includes a patio and a storage shed. In a wonderfully convenient location, you’ll feel like you’re in the country while only being a few turns to all Pennington has to offer!

Last Agent to Sell the Property

Amy Granato

(917) 848-8345 agranato@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1008855 Listed on: 04/09/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Lauren Kerr

(215) 589-0056 lkerr.homesmart@gmail.com HomeSmart Nexus Realty Group - Princeton

HomeSmart Nexus Realty Group - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,641

Year Built

  • Built in 1955

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 130.00 x 150.00
  • Private Lot
  • Corner Lot
  • Property is zoned R100

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Living Room
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Unfinished Basement

Bedrooms and Bathrooms

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well
  • Oil Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00056
  • Assessor Parcel Number 06-00074-00056

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,641

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All kitchen appliances, washer/dryer, window treatments as exist. Portable generator.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-04-09
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Basement, Breakfast Room, Bedroom 1, Screened Porch
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units, Ductless/Mini-Split
  • Heating Fuel: Oil, Natural Gas Available
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 236600.00
  • Land Assessed Value: 221000.00
  • Lot Features: Corner, Private
  • Lot Size Acres: 0.12
  • Lot Dimensions: 130.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5200.00
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2122635
  • Tax Annual Amount: 13641.00
  • Assessor Parcel Number: 06-00074-00056
  • Tax Lot: 00056
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 1, 2021
Sold by
Gooch Reginald and Kim Sora
Bought by
Kumar Siddharth and Dewan She
Seller's Agent
Amy Granato
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Lauren Kerr
HomeSmart Nexus Realty Group - Princeton
List Price
$570,000
Sold Price
$600,000
Premium/Discount to List
$30,000
5.26%
Current Estimated Value
$817,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,279
Avg. Annual Appreciation
6.95%
Original Mortgage
$540,000
Outstanding Balance
$488,903
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$328,376

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 20, 2019
Sold by
Fesmire Norman W and Fesmire Georgia C
Bought by
Gooch Reginald and Sora Kim
Seller's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
ENGY SHEHATA
Redfin
List Price
$475,000
Sold Price
$477,000
Premium/Discount to List
$2,000
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kumar Siddharth $600,000 Cortes & Hay Title Agcy Inc
Gooch Reginald $477,000 Title Forward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Siddharth $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $600,000 +5.3% --
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $570,000 +19.5% --
11/15/2019 11/15/19 Sold $477,000 +0.4% $221 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $475,000 -- $220 / 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 $14,879 $530,600 $234,700 $295,900
2024 $14,403 $471,300 $234,700 $236,600
2023 $14,403 $471,300 $234,700 $236,600
2022 $14,106 $471,300 $234,700 $236,600
2021 $13,998 $457,600 $221,000 $236,600
2020 $13,659 $457,600 $221,000 $236,600
2019 $13,325 $457,600 $221,000 $236,600
2018 $12,890 $451,000 $221,000 $230,000
2017 $12,538 $451,000 $221,000 $230,000
2016 $11,852 $451,000 $221,000 $230,000
2015 $11,974 $451,000 $221,000 $230,000
2014 $11,726 $451,000 $221,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME310420

Bright MLS

APN: 06-00074-0000-00056