NOT LISTED FOR SALE

62 Lexington Dr Pennington, NJ 08534

Estimated Value: $685,976 - $769,000

3 Beds
2.5 Baths
2,690 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $629,000 $234 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,256/month

24 Days on Market

Highlights

  • Active Adult
  • Open Floorplan
  • Clubhouse
  • View of Trees or Woods
  • Colonial Architecture
  • Backs to Trees or Woods

About This Home

As of July 2023

Welcome home to 62 Lexington Drive in the desirable 55+ Wellington Manors Community. Located on arguably one of the most beautiful and completely private lots, this "must see" detached home is amazing and will not disappoint. Sophistication, ambiance and style come together masterfully in this lovely home creating an unparalleled combination of visual excellence. The word that immediately comes to mind when describing this lovely home is "stunning". The owner's decorative choices of fabric, flooring and lighting enhancements blend perfectly to create a sense of comfort and elegance. Key features of this magnificent home include hardwood flooring, stainless steel appliances, granite counters, maple cabinets, 9’ ceilings, sprinkler system, custom tiling throughout, and a recently replaced 2 zone HVAC systems, just to name a few. The gourmet kitchen is well equipped and has plenty of counter and cabinet space and a breakfast area. The tasteful selection of material choices coordinates seamlessly and will make you the envy of visiting guests. Just off the kitchen the large family room has vaulted ceilings, a gas fireplace and a slider to the rear patio. Flanked with an abundance of perfectly positioned windows allow natural light to pour in and fill each room with brightness. As an added bonus, there is a first-floor office/library which adds convenience and can easily be converted to a 4th bedroom if required. Also located on the first-floor is the main bedroom suite which has an oversized walk-in closet, double sinks and an inviting Roman sunken tub. What a great space for a relaxing spa-like treatment at the end of the day. Perfectly situated adjacent to the rear patio, you can just step out for a morning cup of coffee or evening glass of wine. Upstairs the generously proportioned bedrooms provide plenty of closet space and windows. A wonderful open loft at the top of the stairs maximizes square footage and can be used as a second family room for the ultimate guest accommodations. The rear yard with covered porch is quaint and provides protection against weather elements. What a great place to relax and enjoy the peaceful views of towering trees set as the backdrop. Worthy to note: both the front and rear yards are cut and maintained by the association. The additional HOA amenities rival most exclusive country clubs and include an HOA inground pool, tennis courts, game courtyard and a formidable club house. If interested, there are so many activities for you to enjoy and keep you busy. To further impact the value of this extraordinary home is the superior location which is near restaurants, shopping, transportation, and downtown Princeton. This is truly a wonderful opportunity to own lovely home that has it all. Call to schedule NOW- Don't wait!

Last Agent to Sell the Property

William Chulamanis

Coldwell Banker Residential Brokerage - Princeton License #124303 Listed on: 05/19/2023

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Nicholas Lamson

David DePaola and Company Real Estate License #1756855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,947

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R100

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,690 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Views of Woods
  • Laundry on main level

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00027 09
  • Assessor Parcel Number 06-00078-00027 09

Community Details

Overview

  • Active Adult
  • Association fees include snow removal, trash, lawn maintenance, common area maintenance
  • Senior Community | Residents must be 55 or older
  • Wellington Manor HOA
  • Wellington Manor Subdivision
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,947

Year Built

Built in 2004

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal belongings
  • Inclusions: All appliances including washer/dryer, light fixtures, window treatments and all shelves in garage.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room, Loft, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2690
  • Living Area Sq Ft: 2690
  • Price Per Sq Ft: 233.83
  • Above Grade Finished Sq Ft: 2690
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

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
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Lawn Sprinkler
  • View: Trees/Woods
  • 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
  • Garage Features: Inside Access, Garage - Front Entry
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 265.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Swimming Pool, Club House
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Lawn Maintenance, Common Area Maintenance
  • HOA Name: WELLINGTON MANOR
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes
  • Community Pool Features: In Ground

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R100

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 12947.00
  • Assessor Parcel Number: 06-00078-00027 09
  • Tax Lot: 00027 09
  • Tax Total Finished Sq Ft: 2690
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/31/2023

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 2, 2023
Sold by
Chung Timothy and Chung Tracy
Bought by
Gennace Ronald and Gennace Stacey
Seller's Agent
William Chulamanis
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Nicholas Lamson
David DePaola and Company Real Estate
List Price
$629,000
Sold Price
$629,000
Views
63
Current Estimated Value
$712,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,744
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 13, 2015
Sold by
Chopra Ram and Chopra Neelan
Bought by
Chung Timothy and Chung Tracy
Seller's Agent
Margaret 'Peggy' Baldwin
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
William Chulamanis
Coldwell Banker Residential Brokerage - Princeton
List Price
$545,000
Sold Price
$533,500
Premium/Discount to List
-$11,500
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Arcaro Angelo
Bought by
Chopra Ram and Chopra Neelan

Purchase Details

Closed on
Sep 20, 2004
Sold by
Beazer Homes Corp
Bought by
Arcaro Angelo and Arcaro Carmela
Source: Public Records

Range of Values:

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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
Gennace Ronald $629,000 None Listed On Document
Gennace Ronald $629,000 None Listed On Document
Chung Timothy $533,500 Nrt Title Agency Llc
Chopra Ram $447,500 --
Arcaro Angelo $419,208 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chopra Ram $305,000
Previous Owner Chopra Neelam $302,712
Previous Owner Chopra Ram $330,000
Previous Owner Chopra Neelam $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $629,000 0.0% $234 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $629,000 +17.9% $234 / Sq Ft
11/10/2015 11/10/15 Sold $533,500 +0.7% --
10/05/2015 10/05/15 Pending -- -- --
09/28/2015 09/28/15 Price Changed $530,000 -2.8% --
09/14/2015 09/14/15 For Sale $545,000 -- --
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 $13,657 $432,600 $140,200 $292,400
2024 $13,220 $432,600 $140,200 $292,400
2023 $13,220 $432,600 $140,200 $292,400
2022 $12,948 $432,600 $140,200 $292,400
2021 $12,848 $420,000 $127,600 $292,400
2020 $12,537 $420,000 $127,600 $292,400
2019 $11,677 $401,000 $108,600 $292,400
2018 $11,461 $401,000 $108,600 $292,400
2017 $11,148 $401,000 $108,600 $292,400
2016 $10,538 $401,000 $108,600 $292,400
2015 $10,647 $401,000 $108,600 $292,400
2014 $10,426 $401,000 $108,600 $292,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2030210

Bright MLS

APN: 06-00078-0000-00027-09