NOT LISTED FOR SALE

85 Chicory Ln Pennington, NJ 08534

Estimated Value: $841,000 - $922,000

4 Beds
2.5 Baths
2,462 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $700,000 $284 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,920/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Tennis Courts
  • Hopewell Valley Central High School Rated A
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of August 2022

Brooks Crossing at Brandon Farms exp. 2400 model home w/a full brick front, premium location backing to open common area w/a professionally landscaped & manicured yard, perennial gardens & a 2-car garage w/side door, automatic openers & convenient keyless entry. Enter through double front doors to the 2-story entry foyer with accent trim, decorator walls tones & leads way through the main hallway w/multiple closets, powder room & garage access & opens into the kitchen, dinette & family room. There are 9' ceilings on the 1st floor and hardwood flooring in the living and dining rooms, ceramic tile foyer, hallway, kitchen and laundry room and Berber style carpeting in the family room. The formal living room boasts two accent columns and features crown moldings, recessed lighting & custom window treatments. The adjoining dining room boasts chair & crown moldings, mirrored wall & kitchen access. The gourmet Eat-In Kitchen features light oak cabinets w/accent hardware, granite counters, travertine backsplash, stainless under mount sink w/upgraded faucet, LZ Susan, built-in pantry & all stainless appliances, including a 5-burner self-clean oven, built-in microwave, dishwasher, side by side refrigerator, center island with track lighting and a walk-in pantry storage. There is a built-in desk area. The adjoining dinette area features a walk-out castle bay area w/a French door & storm door, to the rear yard/patio & opens onto the family room. The expanded Family Room, with accent columns, boasts recessed lighting, 2” wooden blinds with window treatments and private back yard views. The laundry room is complete w/ washer & dryer, built-in cabinets, folding counter, built-in utility sink, coat closet & rear yard access. The 2nd level leads way to the Primary bedroom suite w/vol. ceiling w/recessed lighting, ceiling fan, sitting area, toned walls, double walk-in closets, one with attic access & renovated private bath. The primary bathroom features a vol. ceiling w/skylight, a maple vanity with granite counter, double under-mount sinks with Ferguson brand faucets, accent lighting, corner garden tub, walk-in shower stall w/seamless glass door, decorative tiles, ceramic tile floor & a private toilet room. There are 3 additional bedrooms w/custom window treatments, ample closet storage & recessed lighting. The main hall, full bathroom, with tub/shower, features a white vanity double sinks, full mirror & accent lighting and decorator wall tones. The hall linen closet completes this level. There is upgraded door hardware throughout and Simply Safe alarm system for extra peace of mind and exterior motion sensor lighting! Roof 2020, HVAC 2013. Sellers request a mid to late August closing.

Last Agent to Sell the Property

Sue Fowler

(609) 947-0877 sue@suefowler.com RE/MAX Select - Princeton License #8738257 Listed on: 06/11/2022

RE/MAX Select - Princeton

Last Buyer's Agent

William Perilli

(609) 635-7370 billperilli@yahoo.com Smires & Associates License #9133159

Smires & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,171

Year Built

  • Built in 1994

Lot Details

  • 0.39 Acre Lot
  • East Facing Home
  • Extensive Hardscape
  • Property is zoned R-5

HOA Fees

  • $52 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,462 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Outdoor Features

  • Patio
  • Porch

Schools

  • Stoney Bro Elementary School
  • Timberlane Middle School
  • Hoval High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Underground Utilities
  • 150 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 06-00078 16-00027

Community Details

Overview

  • $156 Capital Contribution Fee
  • Association fees include common area maintenance
  • Fs Residential HOA, Phone Number (609) 737-9058
  • Built by KHovnanian
  • Brooks Crossing Subdivision, Expanded 2400 Floorplan
  • Property Manager

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,171

Year Built

Built in 1994

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining Room Chandelier, Primary Bedroom Drapes
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-06-15
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Gas, Instant Hot Water, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Ceramic Tile, Carpet, Wood
  • Interior Amenities: Built-Ins, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Skylight(s), Stall Shower, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2462
  • Living Area Sq Ft: 2462
  • Price Per Sq Ft: 284.28
  • Above Grade Finished Sq Ft: 2462
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape
  • Roof: Asphalt
  • 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, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 156.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: FS RESIDENTIAL
  • HOA Phone: 609-737-9058
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 156.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STONEY BRO
  • High School: HOVAL HS
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 226800.00
  • Land Assessed Value: 236500.00
  • Lot Size Acres: 0.39
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16945.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: R-5

Building Info

  • Builder Name: KHovnanian

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2123190
  • Tax Annual Amount: 14171.00
  • Assessor Parcel Number: 06-00078 16-00027
  • Tax Lot: 00027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Aug 9, 2022
Sold by
Wallace Charles K and Wallace Beth R
Bought by
Balakrishnan Nitin and Iyer Kavita
Seller's Agent
Sue Fowler
RE/MAX Select - Princeton
Buyer's Agent
William Perilli
Smires & Associates
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$879,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,414
Avg. Annual Appreciation
6.98%
Original Mortgage
$560,000
Outstanding Balance
$535,388
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$344,026

Purchase Details

Closed on
Jul 28, 1994
Sold by
Hovnanian K
Bought by
Wallace Charles and Wallace Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.4%
Source: Public Records
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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
Balakrishnan Nitin $700,000 Emerald Title
Balakrishnan Nitin $700,000 Emerald Title
Wallace Charles $242,426 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Nitin $560,000
Closed Balakrishnan Nitin $560,000
Previous Owner Wallace Charles $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $700,000 0.0% $284 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $699,900 -- $284 / 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 $15,226 $482,300 $255,500 $226,800
2024 $14,739 $482,300 $255,500 $226,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2017456

Bright MLS

APN: 06-00078-16-00027