NOT LISTED FOR SALE

114 Elm Rd Princeton, NJ 08540

Estimated Value: $1,060,000 - $2,471,618

6 Beds
8 Baths
-- Sq Ft
1.21 Acres

Last Sold March 07, 2018

Last sale price $2,525,000

Est. 32% decrease in value since last sale

Current estimated payment $10,374/month

1,007 Days on Market

Highlights

  • In Ground Pool
  • 1.21 Acre Lot
  • Traditional Architecture
  • Johnson Park School Rated A+
  • Marble Flooring
  • Cathedral Ceiling

About This Home

As of March 2018

Enter the walled grounds of this Normandy-inspired manor in Princeton's famed Western Section and feel transported to the French countryside. Each room within is exquisitely finished and detailed. Rich wood paneling lends an air of intimacy to the library, while a quatrefoil patterned plaster ceiling and carved stone fireplace add dimension to the grand living room. Arched doorways and leaded casement windows throughout the first floor look out over the grounds, which include a 25'x50' luxurious pool, a separate in-ground 12'x12' spa, tennis court and secluded perennial garden. The custom-designed Old World kitchen with exquisite carved cabinet details and state of the art appliances for elegant entertaining is a gastronome's dream with every imaginable feature, including espresso station. Whether hosting dinners in the glamorous dining room, gathering with friends in the billiard room or just curling up amidst the old-world ambiance of the cozy den, every evening at home is special.

Last Agent to Sell the Property

Pete Callaway

Callaway Henderson Sotheby's Int'l-Princeton License #7811591 Listed on: 11/07/2014

Callaway Henderson Sotheby's Int'l-Princeton

Co-Listed By

Christina M. Callaway

Callaway Henderson Sotheby's Int'l-Princeton License #9805308

Last Buyer's Agent

Ellen Lefkowitz

BHHS Fox & Roach Princeton RE License #TREND:MLEFKOEL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,500

Year Built

  • Built in 1912

Lot Details

  • 1.21 Acre Lot
  • Property is zoned R1

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • Cathedral Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 8 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Pool

  • In Ground Pool

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 14-00009 01-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,500

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Kitchen Chandelier
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1912
  • Remarks Public: Enter the walled grounds of this Normandy-inspired manor in Princeton's famed Western Section and feel transported to the French countryside. Each room within is exquisitely finished and detailed. Rich wood paneling lends an air of intimacy to the library, while a quatrefoil patterned plaster ceiling and carved stone fireplace add dimension to the grand living room. Arched doorways and leaded casement windows throughout the first floor look out over the grounds, which include a 25'x50' luxurious pool, a separate in-ground 12'x12' spa, tennis court and secluded perennial garden. The custom-designed Old World kitchen with exquisite carved cabinet details and state of the art appliances for elegant entertaining is a gastronome's dream with every imaginable feature, including espresso station. Whether hosting dinners in the glamorous dining room, gathering with friends in the billiard room or just curling up amidst the old-world ambiance of the cozy den, every evening at home is special.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal
  • Flooring Type: Wood, Fully Carpeted, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room Count: 17
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Street Number Modifier: 114

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 2

Exterior Features

  • Construction Materials: Block
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 1898000.00
  • Land Assessed Value: 602000.00
  • Lot Size Acres: 1.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52708.00
  • Property Attached Yn: No
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138523
  • Tax Annual Amount: 57500.00
  • Assessor Parcel Number: 14-00009 01-00004
  • Tax Lot: 00004
  • Tax Year: 2017
  • Close Date: 03/07/2018

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Bewkes Lisa
Bought by
Lisa L Bewkes 2020 Exempt Trust and Bewkes
Total Days on Market
1007
Current Estimated Value
$1,717,206

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 15, 2018
Sold by
Merritt Robert J and Merritt Edythe F
Bought by
Intution Partners Llc
Seller's Agent
Pete Callaway
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ellen Lefkowitz
BHHS Fox & Roach Princeton RE
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.67%

Purchase Details

Closed on
May 26, 2011
Sold by
Merritt Robert J and Merritt Edythe F
Bought by
Merritt Robert J and Merritt Edythe F

Purchase Details

Closed on
Jul 30, 2009
Sold by
Merritt Edythe F and Merritt Robert J
Bought by
Revocable Inter Vivos Tru St

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.25%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Perkins Frederick G
Bought by
Merritt Robert and Merritt Edythe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.9%
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 Buyer Sale Price Title Company
Lisa L Bewkes 2020 Exempt Trust -- Chicago Title
Bewkes Lisa -- Chicago Title
Intution Partners Llc $2,525,000 Chicago Title Insurance Co
Merritt Robert J -- None Available
Revocable Inter Vivos Tru St -- --
Merritt Robert $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revocable Inter Vivos Tru St --
Previous Owner Merritt Robert $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $2,525,000 -8.2% --
08/10/2017 08/10/17 Pending -- -- --
08/18/2016 08/18/16 For Sale $2,750,000 0.0% --
08/13/2016 08/13/16 Pending -- -- --
04/12/2016 04/12/16 Price Changed $2,750,000 -6.8% --
11/07/2014 11/07/14 For Sale $2,950,000 -- --
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
2024 $15,134 $757,400 $566,000 $191,400
2023 $15,134 $602,000 $602,000 $0
2022 $14,641 $602,000 $602,000 $0
2021 $14,683 $602,000 $602,000 $0
2020 $14,568 $602,000 $602,000 $0
2019 $14,279 $602,000 $602,000 $0
2018 $58,300 $2,500,000 $602,000 $1,898,000
2017 $57,500 $2,500,000 $602,000 $1,898,000
2016 $56,600 $2,500,000 $602,000 $1,898,000
2015 $63,502 $2,870,800 $602,000 $2,268,800
2014 $65,415 $2,993,800 $602,000 $2,391,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001765481

Bright MLS

APN: 14-00009-01-00004