NOT LISTED FOR SALE

8 N Riding Dr Pennington, NJ 08534

Estimated Value: $786,000 - $1,066,000

4 Beds
2.5 Baths
-- Sq Ft
0.3 Acres

Last Sold July 29, 2022

Last sale price $825,000

Est. 18% increase in value since last sale

Current estimated payment $7,008/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Workshop
  • Hopewell Valley Central High School Rated A
  • 3 Fireplaces
  • No HOA

About This Home

As of July 2022

Nestled in a double cul de sac neighborhood two blocks from downtown Pennington is this stunning Colonial. Charm and warmth exude as you enter the large foyer which opens to both the living room with fireplace and the cozy dining room with chair rail and crown molding. Wood floors spread from the first floor to the second floor for a clean seamless elegant feel. The bright office with french doors can be accessed from the living room or back hallway. The large family room with brick fireplace is the place to relax and entertain. The cherry kitchen with granite counters , double ovens and 5 burner cooktop provides plenty of room for all the cooks in the house. A transom light filled breakfast room is perfect for everyday meals. The back door leads to a bluestone patio overlooking the private backyard and woods beyond. A mudroom with washer and dryer opens to the oversized two car garage. Gutters with gutter guards, UV blocking windows on almost all windows.
Upstairs are four large bedrooms with wood floors . The primary bedroom has a walk in closet and ensuite bath. A hall bath serves the other three bedrooms.
The basement is finished with a gas fireplace and separate areas for entertainment, exercise, pool , and ping pong. A workshop with large bench is also great for the handyperson or crafter. No thru traffic makes for a quiet street.
Walk to shops, restaurants and schools.
A must see!
Owner is a licensed Real Estate Salesperson.

Last Agent to Sell the Property

Pamela Gillmett

Callaway Henderson Sotheby's Int'l-Princeton License #123716 Listed on: 05/20/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Sue Havens

Callaway Henderson Sotheby's Int'l-Princeton License #570438

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,726

Year Built

  • Built in 1982

Lot Details

  • 0.3

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Hip Roof Shape
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Chimney Cap

Interior Spaces

  • Property has 2 Levels
  • 3 Fireplaces
  • Brick Fireplace
  • Gas Fireplace
  • Views of Woods
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Sump Pump
  • Workshop

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

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

Additional Features

  • 0.3 Acre Lot
  • Suburban Location

Community Details

  • No Home Owners Association
  • Charleston Riding Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,726

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, dryer , refrigerator , microwave
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-20
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in a double cul de sac neighborhood two blocks from downtown Pennington is this stunning Colonial. Charm and warmth exude as you enter the large foyer which opens to both the living room with fireplace and the cozy dining room with chair rail and crown molding. Wood floors spread from the first floor to the second floor for a clean seamless elegant feel. The bright office with french doors can be accessed from the living room or back hallway. The large family room with brick fireplace is the place to relax and entertain. The cherry kitchen with granite counters , double ovens and 5 burner cooktop provides plenty of room for all the cooks in the house. A transom light filled breakfast room is perfect for everyday meals. The back door leads to a bluestone patio overlooking the private backyard and woods beyond. A mudroom with washer and dryer opens to the oversized two car garage. Gutters with gutter guards, UV blocking windows on almost all windows. Upstairs are four large bedrooms with wood floors . The primary bedroom has a walk in closet and ensuite bath. A hall bath serves the other three bedrooms. The basement is finished with a gas fireplace and separate areas for entertainment, exercise, pool , and ping pong. A workshop with large bench is also great for the handyperson or crafter. No thru traffic makes for a quiet street. Walk to shops, restaurants and schools. A must see! Owner is a licensed Real Estate Salesperson.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Workshop
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Chimney Cap(s), Exterior Lighting, Gutter System, Sidewalks
  • Roof: Hip
  • Spa: No
  • View: Trees/Woods
  • 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: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

  • 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 M.S.
  • High School: HOPEWELL
  • 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: TOLL GATE GRAMMAR SCHOOL
  • High School: HOPEWELL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18726.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 07/29/2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 15, 2022
Sold by
Gillmett Robert T and Gillmett Pamela C
Bought by
Koenecke Wade and Homel Katrina
Seller's Agent
Pamela Gillmett
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Sue Havens
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$977,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,122
Avg. Annual Appreciation
5.48%
Original Mortgage
$660,000
Outstanding Balance
$631,934
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$342,881

Purchase Details

Closed on
May 12, 1994
Sold by
Peterson David
Bought by
Gillmett Robert and Gillmett Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

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Average Value
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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
Koenecke Wade $825,000 Westcor Land Title
Gillmett Robert $379,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenecke Wade $660,000
Previous Owner Gillmett Robert T $417,000
Previous Owner Gillmett Robert $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $825,000 0.0% --
05/25/2022 05/25/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $825,000 -- --
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 $21,619 $665,000 $318,000 $347,000
2024 $20,276 $665,000 $318,000 $347,000
2023 $20,276 $665,000 $318,000 $347,000
2022 $18,846 $665,000 $318,000 $347,000
2021 $18,726 $665,000 $318,000 $347,000
2020 $18,567 $665,000 $318,000 $347,000
2019 $18,221 $665,000 $318,000 $347,000
2018 $17,809 $665,000 $318,000 $347,000
2017 $20,416 $665,000 $318,000 $347,000
2016 $17,656 $665,000 $318,000 $347,000
2015 $19,765 $743,600 $396,600 $347,000
2014 $19,348 $743,600 $396,600 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2016900

Bright MLS

APN: 08-00402-0000-00003