$276,000
SOLD MAR 9, 2016

1036 Canal Rd Princeton, NJ 08540

2 Beds
1.5 Baths
960 Sq Ft
2.67 Acres

Recently Sold

$288 Per Sq Ft

105% Above List Price

73 Days on Market

Highlights

  • 2.67 Acre Lot
  • Wood Flooring
  • Living Room
  • Colonial Architecture
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of January 2021

This property is eligible under the Freddie Mac First Look Initiative through 01/01/2016-Custom 2 Story Colonial on almost 3 acres of land. Minutes from all points of interest, transportation etc. *R* This quiet location is just calling for a new owner to restore its charm and potential. The home located along the Delaware and Raritan Canal set far off the main road. Efficient layout with kitchen living room, and possible dining area on the first level, and two perfect bedrooms on the second floor with a bath.

Last Agent to Sell the Property

Mitchell Schanen

C-21 CHARLES SMITH AGENCY Listed on: 12/11/2015

Co-Listed By

RONALD MADEIRA

C-21 CHARLES SMITH AGENCY

Last Buyer's Agent

Thomas Novembre

C-21 CHARLES SMITH AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,017

Year Built

  • Built in 1840

Lot Details

  • 2.67 Acre Lot
  • Open Lot

Parking

  • Dirt Driveway

Home Design

  • Colonial Architecture
  • Clapboard

Interior Spaces

  • 960 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Wood Flooring
  • Crawl Space
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Outdoor Features

  • Storage Shed

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating System
  • Standard Electricity
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00019-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,017

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1840
  • Year Built Description: Unknown
  • County Name: Somerset
  • Street Number Display: 1036
  • Directions: Rt. 518 In Rocky Hill to North on Canal Road to 1036 on the left, opposite Firehouse Or Bunker Hill to Canal South, home on Right, opposite Fire house
  • I D: 4587071
  • Modified: 2021-09-23
  • Number Images: 13
  • Section Subdiv Development: Canal Road
  • First Name: MITCHELL
  • First Name2: RONALD
  • First Name3: THOMAS
  • Last Name: SCHANEN
  • Last Name2: MADEIRA
  • Last Name3: NOVEMBRE
  • Office Phone: 732-985-1515
  • Office Phone2: 7329851515
  • Office Phone3: 732-985-1515
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Number Rooms: 4
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Crawl Space
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x7
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Level 1 Rooms: Foyer, Living Room, Kitchen, Laundry Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 960
  • Phone: 732-985-1515

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Dirt

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 2.67 AC
  • Assessed Improvement Value: 73300
  • Assessed Land Value: 321500
  • Assessment: 394800
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Open Lot
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.67
  • Zoning: Residential

Rental Info

  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9017
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00019-0000-00017-0000-
  • Tax Rate Amount: 2.231
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 4, 2021
Sold by
Dougherty Wesley K and Dougherty Jenna N
Bought by
Lacey Lydia and Calder Craig
Seller's Agent
LINDA OKUPSKI
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
JUSTIN ROCKMAN
RE/MAX 1ST ADVANTAGE
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Apr 16, 2016
Closed on
Aug 23, 2016
Sold by
Propertiesllc Aaastha
Bought by
Dougherty Wesley K and Levitt Jenna N
Seller's Agent
DONNA LEVINE
BHHS - NEW JERSEY PROPERTIES
Buyer's Agent
LINDA OKUPSKI
KELLER WILLIAMS REAL ESTATE
List Price
$279,000
Sold Price
$232,000
Premium/Discount to List
-$47,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$230,743
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 11, 2015
Closed on
Mar 8, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Aastha Properties Llc
Seller's Agent
Mitchell Schanen
C-21 CHARLES SMITH AGENCY
Buyer's Agent
Thomas Novembre
C-21 CHARLES SMITH AGENCY
List Price
$134,900
Sold Price
$276,000
Premium/Discount to List
$141,100
104.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.36%
Original Mortgage
$123,728
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2015
Sold by
Lodi Valerie and Mortgage Electronic Registrati
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 9, 2007
Sold by
Berven Meredith
Bought by
Lodi Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $349,900 Chicago Title Insurance Co
Bargain Sale Deed $235,000 Fidelity National Title Ins
Deed $105,000 Stewart Title Guaranty Co
Sheriffs Deed $1,000 Attorney
Deed $360,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,743 FHA
Previous Owner $123,728 Purchase Money Mortgage
Previous Owner $268,500 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $72,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $399,000 +14.0% $416 / Sq Ft
01/06/2021 01/06/21 Sold $350,000 +0.3% --
11/05/2020 11/05/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $349,000 +50.4% --
08/31/2016 08/31/16 Sold $232,000 -16.8% --
06/24/2016 06/24/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $279,000 +1.1% --
03/09/2016 03/09/16 Sold $276,000 +104.6% $288 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $134,900 -- $141 / Sq Ft
Source: Garden State 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
2024 $7,814 $433,400 $382,900 $50,500
2023 $7,417 $385,900 $335,400 $50,500
2022 $6,863 $338,400 $287,900 $50,500
2021 $7,468 $338,400 $287,900 $50,500
2020 $7,410 $328,000 $277,500 $50,500
2019 $7,501 $328,000 $277,500 $50,500
2018 $7,577 $328,000 $277,500 $50,500
2017 $7,569 $326,400 $277,500 $48,900
2016 $9,234 $394,800 $321,500 $73,300
2015 $9,171 $394,800 $321,500 $73,300
2014 $9,017 $394,100 $321,500 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3270937

Garden State MLS

APN: 08-00019-0000-00017