NOT LISTED FOR SALE

1 Bailey Dr Princeton, NJ 08540

Estimated Value: $1,229,000 - $1,566,110

4 Beds
4.5 Baths
4,825 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $1,150,000 $238 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,206/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • Commercial Range
  • Colonial Architecture
  • Hopewell Valley Central High School Rated A
  • Dual Staircase
  • Conservatory Room

About This Home

As of December 2022

Original owners are packing up, so expect no fancy staging. Please pull document attachment - This property is loaded with amenities - Hard-Wired Security - Water Filtration System, - Sprinklers - Generator for the essentials - Large Kitchen with many upscale appliances - Several updated baths - tons of storage - beautiful decorative and unobtrusive fencing w/lush landscaping for privacy - large deck - paver patio - window coverings - custom library - Conservatory w/Palladium windows - gas hook-up for your barbeque - tall spacious basement ready for your own interpretation w/walk out - 3-car garage w/high R insulated garage doors, openers, remote access and coated flooring - desirable Hopewell Hunt location minutes from Princeton. A place to call home in a town you will love.

Last Agent to Sell the Property

Helene Ashukian

(609) 439-8880 helenesprinceton@gmail.com Keller Williams Real Estate - Princeton Listed on: 10/16/2022

Keller Williams Real Estate - Princeton

Last Buyer's Agent

Eileen Fan

(609) 937-2632 yalian.fan@gmail.com Callaway Henderson Sotheby's Int'l-Princeton License #1430493

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,130

Year Built

  • Built in 1999

Lot Details

  • 0.86 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Private Lot
  • Sprinkler System
  • Back Yard
  • Brick Garden Wall/ English Garden/3 gates, lush landscaping/wide basement stais/ paver Patio,/Sprinkler System,lg deck
  • Property is in excellent condition
  • Property is zoned R100

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 5 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,825 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Hung Windows
  • Bay Window
  • Double Door Entry
  • French Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Conservatory Room
  • Storage Room
  • Home Gym
  • Wood Flooring
  • Garden Views

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Space For Rooms

Home Security

  • Home Security System
  • Exterior Cameras
  • Motion Detectors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Hv Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • Water Conditioner is Owned

Community Details

  • Association fees include common area maintenance
  • Built by Toll Brothers
  • Hopewell Hunt Subdivision, Carmel Expanded Floorplan

Listing and Financial Details

  • Tax Lot 00009 39
  • Assessor Parcel Number 06-00039 02-00009 39

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,130

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Garden bench and pots
  • Historic: No
  • Home Warranty: No
  • Inclusions: Garage refrigerator, all custom window coverings and blinds where they exist
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-10-16
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Original owners are packing up, so expect no fancy staging. Please pull document attachment - This property is loaded with amenities - Hard-Wired Security - Water Filtration System, - Sprinklers - Generator for the essentials - Large Kitchen with many upscale appliances - Several updated baths - tons of storage - beautiful decorative and unobtrusive fencing w/lush landscaping for privacy - large deck - paver patio - window coverings - custom library - Conservatory w/Palladium windows - gas hook-up for your barbeque - tall spacious basement ready for your own interpretation w/walk out - 3-car garage w/high R insulated garage doors, openers, remote access and coated flooring - desirable Hopewell Hunt location minutes from Princeton. A place to call home in a town you will love.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Extra Refrigerator/Freezer, Oven - Wall, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Water Conditioner - Owned
  • Interior Amenities: Additional Stairway, Built-Ins, Ceiling Fan(s), Central Vacuum, Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Water Treat System, Store/Office, Walk-In Closet(s), Window Treatments, Wood Floors, Stove - Wood
  • Window Features: Bay/Bow, Double Hung
  • Fireplace Features: Wood, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry, Six Panel, French
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, 2 Story Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room Count: 15
  • Room List: Living Room, Dining Room, Bedroom 4, Kitchen, Family Room, Den, Breakfast Room, Study, Exercise Room, Laundry, Storage Room, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room, Conservatory Room, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Partially Finished, Poured Concrete, Rear Entrance, Space For Rooms, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 4825
  • Living Area Sq Ft: 4825
  • Price Per Sq Ft: 243.52
  • Above Grade Finished Sq Ft: 4825
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Flood Lights, Underground Lawn Sprinkler
  • Road Surface Type: Black Top
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: HV CENTRAL
  • 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: HOPEWELL E.S.
  • High School: HV CENTRAL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Additional Parcels Description: Brick Garden Wall/ English Garden/3 gates, lush landscaping/wide basement stais/ paver Patio,/Sprinkler System,lg deck
  • Fencing: Fully
  • Improvement Assessed Value: 613600.00
  • Land Assessed Value: 306000.00
  • Lot Features: Landscaping, Private, Rear Yard
  • Lot Size Acres: 0.86
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37462.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R100

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120485
  • Tax Annual Amount: 28130.00
  • Assessor Parcel Number: 06-00039 02-00009 39
  • Tax Lot: 00009 39
  • Tax Total Finished Sq Ft: 4825
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/19/2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2022
Closed on
Dec 19, 2022
Sold by
Ashukian Peter E and Ashukian Helene G
Bought by
Shang Jun and Kong Linghui
Seller's Agent
Helene Ashukian
Keller Williams Real Estate - Princeton
Buyer's Agent
Eileen Fan
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,175,000
Sold Price
$1,150,000
Premium/Discount to List
-$25,000
-2.13%
Views
59
Current Estimated Value
$1,477,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,528
Avg. Annual Appreciation
9.16%
Original Mortgage
$650,000
Outstanding Balance
$624,182
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$853,346

Purchase Details

Closed on
Aug 27, 1999
Sold by
Hopewell Hunt Lp
Bought by
Ashukian Peter and Ashukian Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.85%
Source: Public Records

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 Buyer Sale Price Title Company
Shang Jun $1,150,000 Title Authority
Shang Jun $1,150,000 Title Authority
Ashukian Peter $569,456 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shang Jun $650,000
Closed Shang Jun $650,000
Previous Owner Ashukian Peter $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $1,150,000 -2.1% $238 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/16/2022 10/16/22 For Sale $1,175,000 -- $244 / 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 $29,032 $919,600 $306,000 $613,600
2024 $28,103 $919,600 $306,000 $613,600
2023 $28,103 $919,600 $306,000 $613,600
2022 $27,524 $919,600 $306,000 $613,600
2021 $28,131 $919,600 $306,000 $613,600
2020 $27,200 $919,600 $306,000 $613,600
2019 $26,779 $919,600 $306,000 $613,600
2018 $26,282 $919,600 $306,000 $613,600
2017 $25,565 $919,600 $306,000 $613,600
2016 $24,167 $919,600 $306,000 $613,600
2015 $24,165 $919,600 $306,000 $613,600
2014 $23,660 $919,600 $306,000 $613,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2022818

Bright MLS

APN: 06-00039-02-00009-39