Seller's Agent in 2015
Pete Callaway
Callaway Henderson Sotheby's Int'l-Princeton
(609) 558-5900
11 in this area
17 Total Sales
117 Mercer St Princeton, NJ 08540
Estimated Value: $3,024,429 - $3,728,000
6
Beds
7
Baths
--
Sq Ft
0.49
Acres
Highlights
- In Ground Pool
- Colonial Architecture
- 2 Fireplaces
- Johnson Park School Rated A+
- Wood Flooring
- Corner Lot
About This Home
As of December 2015Neighbors and tourists strolling the sidewalks of Princeton's historic Mercer Hill District catch a glimpse of the peaked glass roof extending from the back of this solid brick stunner and know that something special lies beyond the hedges of holly and the ring of rhododendron. Those lucky enough to pass beneath the white pergola will find an English-style conservatory overlooking a black-bottom pool and the branches of a weeping cherry tree draped over the surrounding brick patio. With its slate roof, dormer windows and handsome black shutters, the house is equally intriguing. A gracious foyer with paneled wainscoting receives guests, who will make their way to the sunken living room. Use the large gathering space for everything from elegant holiday parties to book club meetings. Through an arched doorway, the dining room is also sized for hosting and has two French doors opening to the pool. As if pulled from a novel, the library comes complete with a secret door built into the paneled walls. Handy to the garage, which is built of matching brick and capped with a cupola, is the kitchen with side-by-side commercial refrigerators and an adjoining breakfast or family room. The upper floors hold six bedrooms, five bathrooms and extra space for work and play. In addition to a cedar hall closet, the sunken master suite has a double-sided dressing room that was ahead of its time, as evidenced by custom shoe racks and more.
Last Agent to Sell the Property
(609) 558-5900 pcallaway@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #7811591 Listed on: 10/02/2014
Co-Listed By
(609) 610-5747 ccallaway@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9805308
Last Buyer's Agent
(609) 439-9072 cgoldman@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9233624
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $42,621
Year Built
- Built in 1936
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 195x109
- Corner Lot
- Level Lot
- Sprinkler System
- Property is in good condition
- Property is zoned R1
Parking
- 2 Car Detached Garage
- 3 Open Parking Spaces
- Driveway
- On-Street Parking
Home Design
- Colonial Architecture
- Traditional Architecture
- Brick Exterior Construction
- Pitched Roof
Interior Spaces
- Property has 3 Levels
- Wet Bar
- Ceiling Fan
- 2 Fireplaces
- Marble Fireplace
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Double Oven
- Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Bathroom
- 7 Bathrooms
Outdoor Features
- In Ground Pool
- Patio
Schools
- Johnson Park Elementary School
- J Witherspoon Middle School
- Princeton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Oil Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00019
- Assessor Parcel Number 14-00036 01-00019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2014
Closed on
Dec 2, 2015
Sold by
Schreyer Joan L
Bought by
Horne Douglas R
Seller's Agent
Pete Callaway
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Cheryl Goldman
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,400,000
Sold Price
$1,786,291
Premium/Discount to List
-$613,709
-25.57%
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
$1,485,185
Avg. Annual Appreciation
6.24%
Original Mortgage
$1,250,403
Outstanding Balance
$953,895
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,317,581
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horne Douglas R | $1,786,291 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Horne Douglas R | $1,250,403 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2015 12/02/15 | Sold | $1,786,291 | -10.5% | -- |
| 07/09/2015 07/09/15 | Pending | -- | -- | -- |
| 04/15/2015 04/15/15 | Price Changed | $1,995,000 | -9.3% | -- |
| 01/22/2015 01/22/15 | Price Changed | $2,200,000 | -8.3% | -- |
| 10/02/2014 10/02/14 | For Sale | $2,400,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $48,799 | $1,832,500 | $528,500 | $1,304,000 |
| 2024 | $46,069 | $1,832,500 | $528,500 | $1,304,000 |
| 2023 | $46,069 | $1,832,500 | $528,500 | $1,304,000 |
| 2022 | $44,566 | $1,832,500 | $528,500 | $1,304,000 |
| 2021 | $44,695 | $1,832,500 | $528,500 | $1,304,000 |
| 2020 | $44,347 | $1,832,500 | $528,500 | $1,304,000 |
| 2019 | $43,467 | $1,832,500 | $528,500 | $1,304,000 |
| 2018 | $42,734 | $1,832,500 | $528,500 | $1,304,000 |
| 2017 | $38,336 | $1,666,800 | $528,500 | $1,138,300 |
| 2016 | $37,736 | $1,666,800 | $528,500 | $1,138,300 |
| 2015 | $42,621 | $1,926,800 | $528,500 | $1,398,300 |
| 2014 | $41,515 | $1,900,000 | $528,500 | $1,371,500 |
Source: Public Records
Agents Affiliated with this Home
-
Pete Callaway
-
Christina M. Callaway
Seller Co-Listing Agent in 2015
Christina M. Callaway
Callaway Henderson Sotheby's Int'l-Princeton
(609) 610-5747
11 in this area
15 Total Sales
-
Cheryl Goldman
Buyer's Agent in 2015
Cheryl Goldman
Callaway Henderson Sotheby's Int'l-Princeton
(609) 439-9072
6 in this area
13 Total Sales
Map
Source: Bright MLS
MLS Number: 1003108904
APN: 14-00036-01-00019
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