NOT LISTED FOR SALE

8 Penlaw Rd Lawrence Township, NJ 08648

Estimated Value: $662,049 - $754,000

3 Beds
2 Baths
1,708 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $450,000 $263 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,927/month

9 Days on Market

Highlights

  • Wooded Lot
  • Rambler Architecture
  • Attic
  • Lawrence High School Rated A-
  • Marble Flooring
  • No HOA

About This Home

As of July 2018

Traditional 3 bedroom, 2 bath ranch located in the desirable Academy Ranch neighborhood. Kitchen and main bathroom renovated in 2014. Recently replaced windows. Custom built kitchen has 8-foot island perfect for casual dining. Generous cabinet space and built in pantry. Cozy up to the low maintenance gas fireplace enclosed with built-ins. Main bathroom features marble floor and double vanity. The large master bedroom has wall-to-wall closets with an updated bathroom. Hard wood floors and energy efficient windows throughout the home. Three season screened in porch looks out on-to fenced-in backyard of an established perennial garden. Two car garage and unfinished basement. Bike the Lawrenceville-Hopewell Trail that is adjacent to the neighborhood or walk to Gingered Peach, LES, Village Park or TJ's Pizza. Come see it to believe it.

Last Agent to Sell the Property

Jack Yao

Realmart Realty, LLC License #0902217 Listed on: 05/21/2018

Last Buyer's Agent

Ingela Kostenbader

Queenston Realty, LLC License #344850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,553

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Southwest Facing Home
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R-2B

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Brick Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Academy Manor Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 07-05603-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,553

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: All Kit Appl, W/D, Bbq, Nest Thermostat, Bsmt Cabinets
  • New Construction: No
  • Story List: Main
  • Year Built: 1966
  • Remarks Public: Traditional 3 bedroom, 2 bath ranch located in the desirable Academy Ranch neighborhood. Kitchen and main bathroom renovated in 2014. Recently replaced windows. Custom built kitchen has 8-foot island perfect for casual dining. Generous cabinet space and built in pantry. Cozy up to the low maintenance gas fireplace enclosed with built-ins. Main bathroom features marble floor and double vanity. The large master bedroom has wall-to-wall closets with an updated bathroom. Hard wood floors and energy efficient windows throughout the home. Three season screened in porch looks out on-to fenced-in backyard of an established perennial garden. Two car garage and unfinished basement. Bike the Lawrenceville-Hopewell Trail that is adjacent to the neighborhood or walk to Gingered Peach, LES, Village Park or TJ's Pizza. Come see it to believe it.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Energy Efficient Appliances
  • Flooring Type: Wood, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1708
  • Living Area Sq Ft: 1708
  • Net Sq Ft: 1708.00
  • Price Per Sq Ft: 237.12
  • Above Grade Finished Sq Ft: 1708
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks, 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
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290

Lot Info

  • Improvement Assessed Value: 181900.00
  • Land Assessed Value: 125000.00
  • Lot Features: Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R-2B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2134399
  • Tax Annual Amount: 8553.00
  • Assessor Parcel Number: 07-05603-00011
  • Tax Lot: 00011
  • Tax Year: 2017
  • Close Date: 07/06/2018

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 6, 2018
Sold by
Guhr George F and Guhr Katheryn E
Bought by
Dunuwila Dilum and Dunuwila Savitheri
Seller's Agent
Jack Yao
Realmart Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$405,000
Sold Price
$450,000
Premium/Discount to List
$45,000
11.11%
Current Estimated Value
$729,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,555
Avg. Annual Appreciation
6.99%
Original Mortgage
$75,000
Outstanding Balance
$66,072
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$661,556

Purchase Details

Listed on
May 6, 2014
Closed on
Jul 7, 2014
Sold by
Dorney Maureen P
Bought by
Guhr George F and Guhr Kathryn E
Seller's Agent
EUNICE WEBB
Corcoran Sawyer Smith
Buyer's Agent
Bob Weber
RE/MAX Tri County
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$284,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Dunuwila Dilum $450,000 First American Title
Guhr George F $355,000 Southern United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunuwila Savithri $50,000
Open Dunuwila Dilum $75,000
Previous Owner Guhr George F $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $450,000 +11.1% $263 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $405,000 +14.1% $237 / Sq Ft
07/07/2014 07/07/14 Sold $355,000 0.0% $208 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
06/04/2014 06/04/14 Off Market $355,000 -- --
05/06/2014 05/06/14 For Sale $375,000 -- $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
2024 $11,191 $368,600 $125,000 $243,600
2023 $11,191 $368,600 $125,000 $243,600
2022 $10,988 $368,600 $125,000 $243,600
2021 $10,848 $368,600 $125,000 $243,600
2020 $10,697 $368,600 $125,000 $243,600
2019 $9,672 $337,600 $125,000 $212,600
2018 $8,593 $306,900 $125,000 $181,900
2017 $8,553 $306,900 $125,000 $181,900
2016 $8,427 $306,900 $125,000 $181,900
2015 $8,194 $306,900 $125,000 $181,900
2014 $8,041 $306,900 $125,000 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001536320

Bright MLS

APN: 07-05603-0000-00011