NOT LISTED FOR SALE

97 Chicory Ln Pennington, NJ 08534

Estimated Value: $958,000 - $1,133,000

5 Beds
3 Baths
3,481 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $925,000 $266 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,087/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Hopewell Valley Central High School Rated A
  • Great Room
  • Tennis Courts

About This Home

As of October 2023

New to the market is one of the first homes built in Brandon Farms. Cherished by only one family since, this 5-bedroom, 3.5-bath home with front and back staircases is ready for new owners.
From the front porch, which sits atop a welcoming brick stairway, enjoy views of the neighborhood and the professionally landscaped yard dotted with specimen trees, shrubs and gurgling water fountain features.
The grand scale continues inside with a 2-story foyer filled with natural light from the transom, sidelights and a clerestory window atop a display ledge, and 9-foot ceilings in the main rooms. To the right, a home office with private full bath and roomy closet could easily be a bedroom. To the left, a formal living room adjoins the dining room, with pillared half-walls to mark the transition.
The eat-in kitchen with island and spacious pantry opens to a maintenance-free deck overlooking a deep backyard, and to the 2-story family room where built-in bookcases flank a gas fireplace and the back wall is filled two rows of windows topped by Palladian arches. It is the perfect place from which to enjoy nature’s majesty as the seasons change.
The second level, reachable by a staircase from the family room and a turned staircase from the foyer, offers three carpeted bedrooms sharing a hall bath with twin vanities and a private bath/shower. The master suite enjoys a heart-shaped jetted soaking tub, glass shower, double vanity and private toilet, a soaring vaulted ceiling, and a generously sized walk-in closet. The landing overlooks the family room and has a bank of cabinets with countertop perfect for a coffee station for lazy weekend mornings.
Additional living space awaits in the finished basement, set up as a media room at one end and offering concealed storage and enough room housing a home gym at the other.
The star of the attached two-car garage is the motorized lift capable of holding up to 3,000 pounds. A mud/laundry room entry with a deep closet connects the garage to the family room.
As part of the Brandon Farms community, homeowners enjoy a number of amenities, including an outdoor pool, tennis courts, playgrounds. and clubhouse. Too many amenities to list, a must see!
Location-wise, there is very little through-traffic, and access to local shops and eateries, commuter routes (including Routes 1, 206 and 95), and short drives to Princeton, Lawrenceville and nearby train stations with service to New York City and Philadelphia.

Last Agent to Sell the Property

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith - Pennington License #785606 Listed on: 08/03/2023

Corcoran Sawyer Smith - Pennington

Last Buyer's Agent

Cheryl Goldman

(609) 439-9072 cgoldman@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9233624

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,531

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • East Facing Home
  • Property is zoned R-5

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,481 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Gym
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 06-00078 16-00022

Community Details

Overview

  • Brandon Farms HOA
  • Brandon Farms Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,531

Year Built

Built in 1993

Lot Details

0

HOA Fees

$61 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: 2 inwall safes, alarm system, sprinkler system, appliances, lighting, awning, lift in garage "all as is", no known defects with gas fireplace being sold "as is"
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-03
  • Year Built: 1993
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Exercise Room, Great Room, Laundry, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3481
  • Living Area Sq Ft: 3481
  • Price Per Sq Ft: 255.67
  • Above Grade Finished Sq Ft: 3481
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Garage - Front Entry
  • 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

  • HOA Fees: 182.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Name: BRANDON FARMS HOA
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: STONY BROOK E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16553.00
  • Zoning: R-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18531.00
  • Assessor Parcel Number: 06-00078 16-00022
  • Tax Lot: 00022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 27, 2023
Sold by
Kelly Erik and Kelly Cynthia
Bought by
Albrecht Wolfgang Alexander and Peslak Jessica Lynn
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith - Pennington
Buyer's Agent
Cheryl Goldman
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$890,000
Sold Price
$925,000
Premium/Discount to List
$35,000
3.93%
Views
103
Current Estimated Value
$1,024,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,837
Avg. Annual Appreciation
4.81%
Original Mortgage
$740,000
Outstanding Balance
$727,066
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$297,771

Purchase Details

Closed on
May 29, 2009
Sold by
Kelly Cynthia and Kelly Erik
Bought by
Kelly Erik and Kelly Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1994
Sold by
Hovnanian K
Bought by
Kelly Erik and Pawlowski Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
8.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albrecht Wolfgang Alexander $925,000 Prestige Title
Albrecht Wolfgang Alexander $925,000 Prestige Title
Kelly Erik -- None Available
Kelly Erik -- --
Kelly Erik $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Wolfgang Alexander $740,000
Closed Albrecht Wolfgang Alexander $740,000
Previous Owner Kelly Erik $174,500
Previous Owner Kelly Erik $263,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $925,000 +3.9% $266 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $890,000 -- $256 / 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 $20,069 $635,700 $234,200 $401,500
2024 $18,923 $635,700 $234,200 $401,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2032190

Bright MLS

APN: 06-00078-16-00022