NOT LISTED FOR SALE

11 Derwent Dr Princeton, NJ 08540

Estimated Value: $2,306,000 - $2,976,000

5 Beds
8 Baths
5,638 Sq Ft
$455/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $2,000,000 $355 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,566/month

Highlights

  • Second Kitchen
  • Eat-In Gourmet Kitchen
  • Curved or Spiral Staircase
  • Johnson Park School Rated A+
  • Open Floorplan
  • Transitional Architecture

About This Home

As of June 2022

An extraordinary custom house in Pondview offering open, airy spaces with walls of windows and high ceilings providing sweeping views throughout the home. You will love the two-story sunny great room with fireplace and a wall of windowed French doors which opens to the well appointed kitchen as well as the choice of two spacious primary suites, one on each floor; two home offices and a finished lower level with a second kitchen. The tranquility of a country setting, paths for walking and bicycling, a tennis court and the convenience of a close-to-town location are within minutes from Princeton’s cultural, educational and recreational attractions.

Last Agent to Sell the Property

Judith Stier

BHHS Fox & Roach - Princeton License #7869162 Listed on: 01/20/2022

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Yuen Li Huang

BHHS Fox & Roach - Princeton License #0234160

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,316

Year Built

  • Built in 2001

Lot Details

  • 0.66 Acre Lot
  • North Facing Home
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 5,638 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Bay Window
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Finished Basement

  • Interior Basement Entry
  • Shelving
  • Basement with some natural light

Home Security

  • Home Security System
  • Fire Sprinkler System

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Johnson Park Elementary School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Power Generator
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-03502-00001

Community Details

Overview

  • Pond View Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,316

Year Built

Built in 2001

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Transitional
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Exclusions: Light fixtures: chandelier in Living Room, Dining Room, Entrance Hallway, Master Bedroom & bathroom, Hallway to Master Bedroom and Basement fixture over air hockey table.
  • Home Warranty: No
  • Inclusions: Washer, dryer, and refrigerator.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: An extraordinary custom house in Pondview offering open, airy spaces with walls of windows and high ceilings providing sweeping views throughout the home. You will love the two-story sunny great room with fireplace and a wall of windowed French doors which opens to the well appointed kitchen as well as the choice of two spacious primary suites, one on each floor; two home offices and a finished lower level with a second kitchen. The tranquility of a country setting, paths for walking and bicycling, a tennis court and the convenience of a close-to-town location are within minutes from Princeton’s cultural, educational and recreational attractions.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Flooring Type: Ceramic Tile, Hardwood, Stone
  • Interior Amenities: Breakfast Area, 2nd Kitchen, Butlers Pantry, Crown Moldings, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Skylight(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, High
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Shelving, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5638
  • Living Area Sq Ft: 5638
  • Price Per Sq Ft: 387.55
  • Above Grade Finished Sq Ft: 5638
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • 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
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Generator
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 964000.00
  • Land Assessed Value: 566000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.66
  • Lot Dimensions: .66 acre
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142334
  • Tax Annual Amount: 37316.00
  • Assessor Parcel Number: 14-03502-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 5638
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/16/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
May 17, 2022
Sold by
Faria Abedin Qualified Residence Trust
Bought by
Yan Zhennan and Zhang Yang
Seller's Agent
Judith Stier
BHHS Fox & Roach - Princeton
Buyer's Agent
Yuen Li Huang
BHHS Fox & Roach - Princeton
List Price
$2,185,000
Sold Price
$2,000,000
Premium/Discount to List
-$185,000
-8.47%
Current Estimated Value
$2,567,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,559
Avg. Annual Appreciation
8.02%
Original Mortgage
$1,600,000
Interest Rate
5.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 14, 2012
Sold by
Abedin Faria
Bought by
Abedin Faria

Purchase Details

Closed on
Oct 29, 2007
Sold by
Ramsay David R and Burrough Beth L
Bought by
Faria Abedin

Purchase Details

Closed on
Aug 20, 2001
Sold by
Pondview Associates
Bought by
Ramsay David and Burrough Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.21%
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
Yan Zhennan $2,000,000 Vella Maureen E
Yan Zhennan $2,000,000 None Listed On Document
Abedin Faria -- None Available
Faria Abedin $1,865,000 --
Ramsay David $1,847,321 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Zhennan $1,600,000
Previous Owner Ramsay David $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $2,000,000 -8.5% $355 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $2,185,000 +9.3% $388 / Sq Ft
03/07/2022 03/07/22 Off Market $2,000,000 -- --
02/28/2022 02/28/22 For Sale $2,250,000 +12.5% $399 / Sq Ft
02/22/2022 02/22/22 Off Market $2,000,000 -- --
02/22/2022 02/22/22 For Sale $2,250,000 +12.5% $399 / Sq Ft
02/14/2022 02/14/22 Off Market $2,000,000 -- --
01/20/2022 01/20/22 For Sale $2,250,000 -- $399 / 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 $42,198 $1,584,600 $566,000 $1,018,600
2024 $39,837 $1,584,600 $566,000 $1,018,600
2023 $39,837 $1,584,600 $566,000 $1,018,600
2022 $37,210 $1,530,000 $566,000 $964,000
2021 $37,317 $1,530,000 $566,000 $964,000
2020 $37,026 $1,530,000 $566,000 $964,000
2019 $36,292 $1,530,000 $566,000 $964,000
2018 $35,680 $1,530,000 $566,000 $964,000
2017 $35,190 $1,530,000 $566,000 $964,000
2016 $34,639 $1,530,000 $566,000 $964,000
2015 $33,844 $1,530,000 $566,000 $964,000
2014 $35,065 $1,604,800 $566,000 $1,038,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2010776

Bright MLS

APN: 14-03502-0000-00001