NOT LISTED FOR SALE

1 Markham Rd Unit 3E Princeton, NJ 08540

Estimated Value: $617,000 - $882,000

2 Beds
2 Baths
1,285 Sq Ft
$525/mo HOA Fee

Last Sold January 05, 2021

Last sale price $735,000 $572 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,861/month

19 Days on Market

Highlights

  • Penthouse
  • Contemporary Architecture
  • Balcony
  • Riverside Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Harrison Street Park

About This Home

As of January 2021

This stylish and completely renovated condo located in the popular 1 Markham Rd building is now available for sale. Be prepared to be amazed by the care and attention to detail that the current owner exacted on this transformation. Custom cabinetry, with touch open and soft close are installed in the kitchen with quartz counter and splash backs. Appliances are high end and stainless steel. An interior wall was removed to open to living space, yet with the breakfast bar it provides a natural room break. The large picture window in living room provides lots of natural light and the slider to the side provides access to the corner balcony. Recessed lighting has been added here as well as in the two bedrooms and compliments the track lighting in the space. The master has a slider to the balcony as well as a large picture window for more natural light. The walk -in closet has custom fixtures by Design Cabinetry. The Master Bath is spa-like with a multi head shower and custom tile design, floating vanity, recessed storage and lighting. The second bedroom, across the living room, is a great guest suite or home office. The hall bath, next door, has new shower and tub and stylish floating vanity. Even the washer/ dryer comb is new. The unit has a storage area located on the third floor for convenience and a one car parking space in the basement garage. This has to be seen to be appreciated. Close to downtown, the University, Princeton Shopping Center. It is a prime location. All you have to do is move in!

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 10/23/2020

Last Buyer's Agent

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 10/23/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,068

Year Built

  • Built in 1985 | Remodeled in 2018

Lot Details

  • 1,307

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,285 Sq Ft Home
  • Property has 3 Levels
  • Entrance Foyer
  • Living Room
  • Wood Flooring
  • Intercom

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Basement

  • Interior Basement Entry
  • Garage Access

Outdoor Features

  • Balcony

Schools

  • Riverside Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • $1,250 Capital Contribution Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, snow removal, trash, water
  • 1 Elevator
  • Low-Rise Condominium
  • Markham Square Subdivision

Listing and Financial Details

  • Tax Lot 00011 35
  • Assessor Parcel Number 14-00053 01-00011 35-C16

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,068

Year Built

Built in 1985 | Remodeled in 2018

Lot Details

0

HOA Fees

$525 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Elevators Count: 1
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: Yes
  • Basement Type: Garage Access, Interior Access
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1285
  • Living Area Sq Ft: 1285
  • Price Per Sq Ft: 577.70
  • Above Grade Finished Sq Ft: 1285
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Inside Access, Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 1250.00

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 215000.00
  • Land Assessed Value: 325000.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: RO-1

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2140757
  • Tax Annual Amount: 13068.00
  • Assessor Parcel Number: 14-00053 01-00011 35-C16
  • Tax Lot: 00011 35
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 23, 2020
Sold by
Gaither James H
Bought by
Goldfarb David A
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$742,350
Sold Price
$735,000
Premium/Discount to List
-$7,350
-0.99%
Current Estimated Value
$785,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,881
Avg. Annual Appreciation
1.38%
Original Mortgage
$510,400
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2018
Closed on
Sep 14, 2018
Sold by
Reynolds Spencer J and Reynolds Joy E
Bought by
Garther James H
Seller's Agent
Dianne Bleacher
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Carole Barocca
BHHS Fox & Roach -Yardley/Newtown
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$480,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2005
Sold by
Whitehead Ross
Bought by
Reynolds Spencer and Reynolds Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Fox Hannah
Bought by
Whitehead Ross and Whitehead Annelies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.16%
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
Goldfarb David A $735,000 Fidelity National Ttl Ins Co
Goldfarb David A $735,000 Fidelity National Title
Garther James H $600,000 North American Title
Reynolds Spencer $520,000 --
Whitehead Ross $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldfarb David A $510,400
Previous Owner Garther James H $480,000
Previous Owner Reynolds Spencer $150,000
Previous Owner Whitehead Ross $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2021 01/05/21 Sold $735,000 -1.0% $572 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $742,350 +23.7% $578 / Sq Ft
09/14/2018 09/14/18 Sold $600,000 -3.2% -- View Prior Sale
07/28/2018 07/28/18 Pending -- -- --
05/28/2018 05/28/18 Price Changed $620,000 0.0% --
05/28/2018 05/28/18 For Sale $620,000 +3.3% --
05/12/2018 05/12/18 Off Market $600,000 -- --
03/12/2018 03/12/18 For Sale $650,000 -- --
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 $14,380 $540,000 $325,000 $215,000
2024 $13,576 $540,000 $325,000 $215,000
2023 $13,576 $540,000 $325,000 $215,000
2022 $13,133 $540,000 $325,000 $215,000
2021 $13,171 $540,000 $325,000 $215,000
2020 $13,068 $540,000 $325,000 $215,000
2019 $12,218 $515,100 $325,000 $190,100
2018 $12,012 $515,100 $325,000 $190,100
2017 $11,847 $515,100 $325,000 $190,100
2016 $11,662 $515,100 $325,000 $190,100
2015 $11,967 $541,000 $325,000 $216,000
2014 $10,947 $501,000 $285,000 $216,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME303578

Bright MLS

APN: 14-00053-01-00011-35-C16