NOT LISTED FOR SALE

12 Bailey Dr Princeton, NJ 08540

Estimated Value: $1,205,000 - $1,518,000

4 Beds
3.5 Baths
-- Sq Ft
0.86 Acres

Last Sold October 20, 2020

Last sale price $835,000

Est. 71% increase in value since last sale

Current estimated payment $9,956/month

65 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Dual Staircase
  • Hopewell Valley Central High School Rated A
  • Open Floorplan
  • Colonial Architecture

About This Home

As of October 2020

Backing to preserved space in Hopewell Hunt, this brick front Colonial is proof that supreme luxury and the warm qualities of home can live in harmony. Formal rooms are up front, fanning from a 2-story foyer centered on a butterfly staircase. The recently renovated kitchen is sophisticated in whites and grays, including quartz counters, a glass tile backsplash, and stainless appliances. Its skylit breakfast room opens to a patio for al fresco dinners in view of the stars and pretty fenced yard. The adjoining Great Room opens to a spectacular office customized with bookcases and a window seat, and just beyond is the sun-flooded conservatory: vast and vaulted - the perfect playroom, rec room, or gym. Upstairs, 3 baths tend to 2 bedrooms and 2 suites, including the incredible main suite with a sitting room, study/nursery, and a vaulted, skylit bath. With a Princeton address, this established neighborhood is sought after for its good schools, peaceful natural beauty, and close proximity to Hopewell Borough and Princeton.

Last Agent to Sell the Property

Carolyn Spohn

Callaway Henderson Sotheby's Int'l-Princeton License #8837382 Listed on: 07/10/2020

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Harveen Bhatla

Keller Williams Premier

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,184

Year Built

  • Built in 2000

Lot Details

  • 0.86 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Backs to Trees or Woods
  • Property is zoned R100

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Conservatory Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Natural Gas Water Heater

Community Details

  • Hopewell Hunt Subdivision

Listing and Financial Details

  • Tax Lot 00008 25
  • Assessor Parcel Number 06-00039-00008 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,184

Year Built

Built in 2000

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining room chandelier.
  • Inclusions: All appliances in the house.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: Backing to preserved space in Hopewell Hunt, this brick front Colonial is proof that supreme luxury and the warm qualities of home can live in harmony. Formal rooms are up front, fanning from a 2-story foyer centered on a butterfly staircase. The recently renovated kitchen is sophisticated in whites and grays, including quartz counters, a glass tile backsplash, and stainless appliances. Its skylit breakfast room opens to a patio for al fresco dinners in view of the stars and pretty fenced yard. The adjoining Great Room opens to a spectacular office customized with bookcases and a window seat, and just beyond is the sun-flooded conservatory: vast and vaulted - the perfect playroom, rec room, or gym. Upstairs, 3 baths tend to 2 bedrooms and 2 suites, including the incredible main suite with a sitting room, study/nursery, and a vaulted, skylit bath. With a Princeton address, this established neighborhood is sought after for its good schools, peaceful natural beauty, and close proximity to Hopewell Borough and Princeton.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Built-Ins, Crown Moldings, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Bedroom 1, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3, Conservatory Room, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Garden/Lawn, Trees/Woods
  • 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 Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 524500.00
  • Land Assessed Value: 306000.00
  • Lot Features: Backs To Trees, Landscaping, Level, Open
  • Lot Size Acres: 0.86
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37462.00
  • Year Assessed: 2019
  • Zoning: R100

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2120523
  • Tax Annual Amount: 24184.00
  • Assessor Parcel Number: 06-00039-00008 25
  • Tax Lot: 00008 25
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/20/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 14, 2020
Sold by
Rossy William H and Rossy Erica B
Bought by
Gujar Satish and Gujar Priti
Seller's Agent
Carolyn Spohn
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Harveen Bhatla
Keller Williams Premier
List Price
$885,000
Sold Price
$835,000
Premium/Discount to List
-$50,000
-5.65%
Current Estimated Value
$1,426,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,062
Avg. Annual Appreciation
12.32%
Original Mortgage
$425,000
Outstanding Balance
$310,942
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$1,149,461

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 16, 2015
Sold by
Heiser M Scott and Heiser Wendy P
Bought by
Rossy William H and Rossy Erica B
Seller's Agent
Janet Stefandl
Compass New Jersey, LLC - Princeton
Buyer's Agent
Carolyn Spohn
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$910,000
Sold Price
$910,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.73%
Original Mortgage
$728,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2000
Sold by
Hopewell Hunt Lp
Bought by
Heiser M Scott and Heiser Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,470
Interest Rate
8.55%
Source: Public Records

Range of Values:

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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
Gujar Satish $835,000 Foundation Title
Rossy William H $910,000 Attorney
Heiser M Scott $629,342 --
-- $629,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gujar Satish $425,000
Previous Owner Rossy William H $728,000
Previous Owner -- $503,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $835,000 -2.3% --
09/13/2020 09/13/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $855,000 -3.4% --
07/10/2020 07/10/20 For Sale $885,000 -2.7% --
11/19/2015 11/19/15 Sold $910,000 0.0% --
10/08/2015 10/08/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $910,000 0.0% --
08/24/2015 08/24/15 For Sale $910,000 -- --
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 $25,380 $856,900 $306,000 $550,900
2023 $25,380 $830,500 $306,000 $524,500
2022 $24,857 $830,500 $306,000 $524,500
2021 $25,405 $830,500 $306,000 $524,500
2020 $24,790 $830,500 $306,000 $524,500
2019 $24,184 $830,500 $306,000 $524,500
2018 $23,736 $830,500 $306,000 $524,500
2017 $23,088 $830,500 $306,000 $524,500
2016 $21,826 $830,500 $306,000 $524,500
2015 $22,050 $830,500 $306,000 $524,500
2014 $21,593 $830,500 $306,000 $524,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME298324

Bright MLS

APN: 06-00039-0000-00008-25