NOT LISTED FOR SALE

1028 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,042,000 - $1,318,000

4 Beds
2.5 Baths
-- Sq Ft
1.6 Acres

Last Sold March 03, 2020

Last sale price $704,000

Est. 67% increase in value since last sale

Current estimated payment $7,558/month

Highlights

  • 1.6 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Johnson Park School Rated A+
  • Wood Flooring
  • Den

About This Home

As of March 2020

All the best elements of the era are proudly on display in this authentic mid-century modern home that was once renovated by an up-and-coming Robert Hillier. Vaulted ceilings sheathed in wood above clerestory windows, hefty exposed beams, brick accent walls and even perfectly preserved hand-carved privacy screens will please architecture buffs and design-savvy buyers. The floorplan is fantastic for modern living with four bedrooms and 2 full baths confined to a private wing and a sizable eat-in kitchen with adjacent family room just off the oversized 2-car garage. Many rooms, including the dining room, have floor-to-ceiling windows, but none are as dramatic as the Great Room s peaked wall of glass framing majestic specimen trees. Clever built-in desks and a big fireplace will make this room the favorite place to gather. Sliders in the study open to a stone patio, where you can enjoy the sun-dappled property in peace. The freshly painted exterior blends with its surrounds and is in exemplary condition.

Last Agent to Sell the Property

Kimberly Rizk

(609) 203-4807 krizk@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 10/21/2019

Callaway Henderson Sotheby's Int'l-Princeton

Co-Listed By

Ellie Deardorff

(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793

Last Buyer's Agent

Kimberly Rizk

(609) 203-4807 krizk@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 10/21/2019

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,715

Year Built

  • Built in 1957

Lot Details

  • 1.6 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • Wood Burning Fireplace
  • Family Room
  • Den
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Schools

  • Johnson Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 14-10102-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,715

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler, Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Remarks Public: All the best elements of the era are proudly on display in this authentic mid-century modern home that was once renovated by an up-and-coming Robert Hillier. Vaulted ceilings sheathed in wood above clerestory windows, hefty exposed beams, brick accent walls and even perfectly preserved hand-carved privacy screens will please architecture buffs and design-savvy buyers. The floorplan is fantastic for modern living with four bedrooms and 2 full baths confined to a private wing and a sizable eat-in kitchen with adjacent family room just off the oversized 2-car garage. Many rooms, including the dining room, have floor-to-ceiling windows, but none are as dramatic as the Great Room s peaked wall of glass framing majestic specimen trees. Clever built-in desks and a big fireplace will make this room the favorite place to gather. Sliders in the study open to a stone patio, where you can enjoy the sun-dappled property in peace. The freshly painted exterior blends with its surrounds and is in exemplary condition.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Family Room, Study
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1028

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • 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, Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 267400.00
  • Land Assessed Value: 437300.00
  • Lot Size Acres: 1.60
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 69696.00
  • Year Assessed: 2019
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2146454
  • Tax Annual Amount: 16715.00
  • Assessor Parcel Number: 14-10102-00006
  • Tax Lot: 00006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/03/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Feb 7, 2020
Sold by
Johnson William L and Estate Of Rhoda Ann Johnson
Bought by
Khorsandi Behrooz and Farahani Bahar Jalali
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$699,000
Sold Price
$704,000
Premium/Discount to List
$5,000
0.72%
Current Estimated Value
$1,174,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,605
Avg. Annual Appreciation
9.55%
Original Mortgage
$563,200
Outstanding Balance
$492,803
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$681,802

Purchase Details

Closed on
Nov 20, 2002
Sold by
Leung Lee
Bought by
Johnson R Ann
Source: Public Records

Range of Values:

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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
Khorsandi Behrooz $704,000 Allstates Title Service
Johnson R Ann $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khorsandi Behrooz $563,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $704,000 +0.7% --
11/21/2019 11/21/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $699,000 -- --
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 $15,970 $599,700 $362,300 $237,400
2024 $17,045 $599,700 $362,300 $237,400
2023 $17,045 $678,000 $437,300 $240,700
2022 $16,489 $678,000 $437,300 $240,700
2021 $16,536 $678,000 $437,300 $240,700
2020 $16,408 $678,000 $437,300 $240,700
2019 $16,715 $704,700 $437,300 $267,400
2018 $16,434 $704,700 $437,300 $267,400
2017 $16,208 $704,700 $437,300 $267,400
2016 $15,954 $704,700 $437,300 $267,400
2015 $15,588 $704,700 $437,300 $267,400
2014 $15,398 $704,700 $437,300 $267,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME286436

Bright MLS

APN: 14-10102-0000-00006