NOT LISTED FOR SALE

616 Scotch Rd Pennington, NJ 08534

Estimated Value: $1,053,000 - $1,230,000

4 Beds
3.5 Baths
3,484 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $730,000 $210 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,640/month

Highlights

  • Gunite Pool
  • View of Trees or Woods
  • Open Floorplan
  • Hopewell Valley Central High School Rated A
  • 1.93 Acre Lot
  • Colonial Architecture

About This Home

As of August 2020

Located in bucolic Hopewell Township on 1.9 acres with a fantastic pool setting! This contemporary colonial has many unique architectural features including vaulted and two-story ceilings, skylights, walls of windows and multiple glass French doors that give great sun exposure for an upbeat vibe to the interior. Long open hallways lead to oversized rooms that flow seamlessly into each other with a floor plan that delegates an easy, breezy style of living. The living room is sunken with a vaulted ceiling, a fireplace and a spectacular window installation that allows the sun to shine through, the open dining room has walls of windows and views into the living room, the dining room opens to the kitchen that sports a center island and breakfast bar along with granite counters and stainless steel appliances. The family room can be used as a breakfast room/great room combo where a long wall of windows showcases the beauty of the backyard. A first floor master suite has a walk-in closet and master bathroom with dual sinks, soaking tub and shower. Hardwoods fill the first floor and a powder room completes this level. Upstairs an interesting bedroom and loft layout excites the senses coupled by two full hall bathrooms each with dual sinks that can be used and shared according to the whims of the occupants of this level. Three bedrooms, one with a private sitting room/office are good size and are located together on one side while a long open hallway that overlooks the living room below leads to a well laid out loft with clear and unobstructed views of the lot that gives a tranquil feel to the space. The basement is unfinished and is great for storage or could be finished for additional living space. The great outdoors is where the real fun begins, an oversized wrap-around deck steps down to a lawn that has stepping stones to a recently refurbished in ground pool located at the far side of the lot. Walking distance to Hopewell Valley Middle and High Schools, easy access to I-95, Merrill Lynch, Capital Health, BMS and the just 7 minutes to the Hamilton Train Station. Two-car side entry garage and this home has plenty of room for home office use. This property has the look and feel of a vacation home with lots of space surrounded by natural beauty. Please preview Video Tour Link: https://video214.com/play/6XKimK0Nn3M17lGBfK4Yng/s/dark, before scheduling appointments due to Covid-19.

Last Agent to Sell the Property

Heidi Hartmann

(609) 658-3771 heidihartmannhomes@gmail.com Coldwell Banker Residential Brokerage - Princeton Listed on: 05/29/2020

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Laurent Ouzilou

(609) 921-1900 louzilou@weichert.com Weichert Realtors - Princeton

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,555

Year Built

  • Built in 1986

Lot Details

  • 1.93 Acre Lot
  • Wood Fence
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned VRC

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,484 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Views of Woods
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Gunite Pool
  • Deck
  • Wrap Around Porch

Location

  • Property is near a park
  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Greater Than The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 06-00089 02-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,555

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Exclusions: Dining room chandelier, washer & dryer.
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1986
  • Remarks Public: Located in bucolic Hopewell Township on 1.9 acres with a fantastic pool setting! This contemporary colonial has many unique architectural features including vaulted and two-story ceilings, skylights, walls of windows and multiple glass French doors that give great sun exposure for an upbeat vibe to the interior. Long open hallways lead to oversized rooms that flow seamlessly into each other with a floor plan that delegates an easy, breezy style of living. The living room is sunken with a vaulted ceiling, a fireplace and a spectacular window installation that allows the sun to shine through, the open dining room has walls of windows and views into the living room, the dining room opens to the kitchen that sports a center island and breakfast bar along with granite counters and stainless steel appliances. The family room can be used as a breakfast room/great room combo where a long wall of windows showcases the beauty of the backyard. A first floor master suite has a walk-in closet and master bathroom with dual sinks, soaking tub and shower. Hardwoods fill the first floor and a powder room completes this level. Upstairs an interesting bedroom and loft layout excites the senses coupled by two full hall bathrooms each with dual sinks that can be used and shared according to the whims of the occupants of this level. Three bedrooms, one with a private sitting room/office are good size and are located together on one side while a long open hallway that overlooks the living room below leads to a well laid out loft with clear and unobstructed views of the lot that gives a tranquil feel to the space. The basement is unfinished and is great for storage or could be finished for additional living space. The great outdoors is where the real fun begins, an oversized wrap-around deck steps down to a lawn that has stepping stones to a recently refurbished in ground pool located at the far side of the lot. Walking distance to Hopewell Valley Middle and High Schools, easy access to I-95, Merrill Lynch, Capital Health, BMS and the just 7 minutes to the Hamilton Train Station. Two-car side entry garage and this home has plenty of room for home office use. This property has the look and feel of a vacation home with lots of space surrounded by natural beauty. Please preview Video Tour Link: https://video214.com/play/6XKimK0Nn3M17lGBfK4Yng/s/dark, before scheduling appointments due to Covid-19.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Floor Plan - Open, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Loft, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 3484
  • Living Area Sq Ft: 3484
  • Price Per Sq Ft: 215.13
  • Above Grade Finished Sq Ft: 3484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 616

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: Gunite
  • Roof: Asphalt
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

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: Septic > # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: BEAR TAVERN E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: CENTRAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: BEAR TAVERN E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 376000.00
  • Land Assessed Value: 261200.00
  • Lot Features: Backs - Parkland, Partly Wooded
  • Lot Size Acres: 1.93
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 84071.00
  • Outdoor Living Structures: Deck(s), Wrap Around
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: VRC

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2124870
  • Tax Annual Amount: 18555.00
  • Assessor Parcel Number: 06-00089 02-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 3484
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/04/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 26, 2020
Sold by
Koster Scott G
Bought by
Casagrande Jean Pascal and Casagrande Valerie
Seller's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Laurent Ouzilou
Weichert Realtors - Princeton
List Price
$749,500
Sold Price
$730,000
Premium/Discount to List
-$19,500
-2.6%
Current Estimated Value
$1,137,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,079
Avg. Annual Appreciation
8.84%
Original Mortgage
$510,400
Outstanding Balance
$451,916
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$685,163

Purchase Details

Listed on
Sep 7, 2016
Closed on
Aug 31, 2017
Sold by
Reilly Matthew P and Taylor Rebecca V
Bought by
Koster Scott C
Seller's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
List Price
$699,000
Sold Price
$691,321
Premium/Discount to List
-$7,679
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$553,506
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004

Purchase Details

Closed on
Dec 19, 2001
Sold by
Cullen John
Bought by
Brazer Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.72%

Purchase Details

Closed on
Jul 11, 1988
Sold by
Lawyers Title Insurance Corp
Bought by
Cullen John and Cullen Donna G

Purchase Details

Closed on
Jul 7, 1988
Sold by
Bittinger William A
Bought by
Arace Michael F

Purchase Details

Closed on
Nov 24, 1987
Sold by
Arace Michael
Bought by
Lawyers Title Insurance Corporation
Source: Public Records

Range of Values:

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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
Casagrande Jean Pascal $730,000 Fidelity National Ttl Ins Co
Koster Scott C $691,321 Nrt Title Agency Llc
-- $648,300 --
Brazer Susan $555,000 --
Cullen John $450,000 --
Arace Michael F -- --
Lawyers Title Insurance Corporation $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casagrande Jean Pascal $510,400
Previous Owner Koster Scott C $553,506
Previous Owner Brazer Susan $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $730,000 -2.6% $210 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $749,500 +8.4% $215 / Sq Ft
08/31/2017 08/31/17 Sold $691,321 -1.1% $172 / Sq Ft View Prior Sale
07/06/2017 07/06/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $699,000 +1.1% $174 / Sq Ft
06/30/2017 06/30/17 Off Market $691,321 -- --
05/23/2017 05/23/17 Price Changed $699,000 -1.4% $174 / Sq Ft
05/04/2017 05/04/17 Price Changed $709,000 -1.5% $176 / Sq Ft
02/21/2017 02/21/17 For Sale $720,000 +4.1% $179 / Sq Ft
11/23/2016 11/23/16 Off Market $691,321 -- --
09/07/2016 09/07/16 For Sale $720,000 -- $179 / 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 $20,116 $637,200 $261,200 $376,000
2024 $19,473 $637,200 $261,200 $376,000
2023 $19,473 $637,200 $261,200 $376,000
2022 $19,071 $637,200 $261,200 $376,000
2021 $19,492 $637,200 $261,200 $376,000
2020 $19,020 $637,200 $261,200 $376,000
2019 $18,555 $637,200 $261,200 $376,000
2018 $18,211 $637,200 $261,200 $376,000
2017 $17,714 $637,200 $261,200 $376,000
2016 $16,746 $637,200 $261,200 $376,000
2015 $16,918 $637,200 $261,200 $376,000
2014 $16,567 $637,200 $261,200 $376,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME295812

Bright MLS

APN: 06-00089-02-00003