$684,500
SOLD MAY 31, 2017

8 E Franklin Ave Pennington, NJ 08534

3 Beds
2 Baths
-- Sq Ft
0.28 Acres

Recently Sold

2% Below List Price

57 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of July 2020

Around the corner from Pennington's charming Main Street, warmth abounds in this beautiful Colonial, with exquisitely renovated kitchen and baths, and ample space designed to meet an array of needs. Everyone can be seated for the holidays in an incredible dining room, which introduces the hardwood floors and plethora of windows that fill the home. A new kitchen offers all the modern amenities: granite counters, glass tile, and fine stainless appliances that include a coveted Bertazzoni range. A span of windows at the breakfast area overlooks the screened porch and picturesque brook and tree-lined setting. Skylights and a bookcase-flanked fireplace lend a cheerfulness to the Great Room. French doors lead from an elegant library to a spacious 1st floor master, with a cleverly-designed hall to a sleek en suite bath, allowing for privatization for guests. A marble-trimmed bath upstairs serves 2 more bedrooms and a dressing room/office. Above the 2-car garage, a flexible bonus room with its own entrance could be further finished into a bedroom suite.

Last Agent to Sell the Property

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 01/26/2017

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Michael Graf

Keller Williams Real Estate-Doylestown

Keller Williams Real Estate-Doylestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,333

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R-80

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 08-00301-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,333

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining Room Chandelier
  • Inclusions: Refrigerator, Washer/Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Remarks Public: Around the corner from Pennington's charming Main Street, warmth abounds in this beautiful Colonial, with exquisitely renovated kitchen and baths, and ample space designed to meet an array of needs. Everyone can be seated for the holidays in an incredible dining room, which introduces the hardwood floors and plethora of windows that fill the home. A new kitchen offers all the modern amenities: granite counters, glass tile, and fine stainless appliances that include a coveted Bertazzoni range. A span of windows at the breakfast area overlooks the screened porch and picturesque brook and tree-lined setting. Skylights and a bookcase-flanked fireplace lend a cheerfulness to the Great Room. French doors lead from an elegant library to a spacious 1st floor master, with a cleverly-designed hall to a sleek en suite bath, allowing for privatization for guests. A marble-trimmed bath upstairs serves 2 more bedrooms and a dressing room/office. Above the 2-car garage, a flexible bonus room with its own entrance could be further finished into a bedroom suite.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Disposal, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • 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

  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Baseboard, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 396200.00
  • Land Assessed Value: 320900.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.28
  • Lot Dimensions: 117
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137522
  • Tax Annual Amount: 19333.00
  • Assessor Parcel Number: 08-00301-00026
  • Tax Lot: 00026
  • Tax Year: 2016
  • Close Date: 05/31/2017

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jul 2, 2020
Sold by
Fermo Paul S and Fermo Deborah
Bought by
Fay Katherine
Seller's Agent
Nancy Goldberg
BHHS Fox & Roach - Princeton
Buyer's Agent
Laurel Cecila
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$1,051,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,406
Original Mortgage
$506,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
May 31, 2017
Sold by
Commito Paul J and Richey Deborah J
Bought by
Fermo Paul S
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Michael Graf
Keller Williams Real Estate-Doylestown
List Price
$695,000
Sold Price
$684,500
Premium/Discount to List
-$10,500
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$580,000
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 2001
Sold by
Chilakos Aristomen
Bought by
Commito Paul and Richey Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.08%
Source: Public Records

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Range of Values:

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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
Deed $675,000 Foundation Title Llc
Deed $684,500 None Available
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $506,250 New Conventional
Previous Owner $580,000 VA
Previous Owner $250,000 Credit Line Revolving
Previous Owner $275,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $675,000 -1.5% $216 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $685,000 -2.1% $219 / Sq Ft
01/08/2020 01/08/20 For Sale $699,900 +2.2% $224 / Sq Ft
05/31/2017 05/31/17 Sold $684,500 -1.5% --
04/16/2017 04/16/17 For Sale $695,000 0.0% --
03/24/2017 03/24/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $695,000 -- --
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
2024 $20,187 $662,100 $320,900 $341,200
2023 $20,187 $662,100 $320,900 $341,200
2022 $18,764 $662,100 $320,900 $341,200
2021 $18,645 $662,100 $320,900 $341,200
2020 $19,771 $717,100 $320,900 $396,200
2019 $19,649 $717,100 $320,900 $396,200
2018 $19,204 $717,100 $320,900 $396,200
2017 $22,015 $717,100 $320,900 $396,200
2016 $19,039 $717,100 $320,900 $396,200
2015 $19,061 $717,100 $320,900 $396,200
2014 $18,659 $717,100 $320,900 $396,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000036506

Bright MLS

APN: 08-00301-0000-00026