1 Markham Rd Unit 3E Princeton, NJ 08540
Estimated Value: $785,000 - $883,610
2
Beds
2
Baths
1,285
Sq Ft
$525/mo
HOA Fee
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 2021This 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!
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
- 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
- En-Suite Primary Bedroom
- 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
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%
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,903
Avg. Annual Appreciation
3.23%
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%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goldfarb David A | $735,000 | Fidelity National Ttl Ins Co | |
| 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 J | $123,634 | |
| Previous Owner | Reynolds Spencer J | $138,392 | |
| Previous Owner | Reynolds Spencer | $150,000 | |
| Previous Owner | Whitehead Ross | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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
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 | $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
-
Ingela Kostenbader
Seller's Agent in 2021
Ingela Kostenbader
Queenston Realty, LLC
(609) 902-5302
117 in this area
287 Total Sales
-
Dianne Bleacher
D
Seller's Agent in 2018
Dianne Bleacher
Callaway Henderson Sotheby's Int'l-Princeton
(609) 915-4541
4 in this area
7 Total Sales
-
Janet Stefandl
Seller Co-Listing Agent in 2018
Janet Stefandl
Compass New Jersey, LLC - Princeton
(201) 805-7402
3 in this area
32 Total Sales
-
Buyer's Agent in 2018
Carole Barocca
BHHS Fox & Roach
(215) 794-1343
Map
Source: Bright MLS
MLS Number: NJME303578
APN: 14-00053-01-00011-35-C16
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