Seller's Agent in 2018
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
45 in this area
75 Total Sales
122 Gallup Rd Princeton, NJ 08540
Estimated Value: $1,316,637 - $1,543,000
5
Beds
2.5
Baths
--
Sq Ft
2
Acres
Highlights
- 2 Acre Lot
- Colonial Architecture
- No HOA
- Johnson Park School Rated A+
- 2 Fireplaces
- Living Room
About This Home
As of September 20182 acres of broad lawns, majestic trees, lush pachysandra, and a bluestone patio provide an inviting backdrop for this handsome Princeton Colonial in the sought-after Gallup Road neighborhood. Timeless design blends with modern sensibility with features including a fireside living room with a carved mantel, a celebration-sized dining room, and a large, newly-screened porch with cathedral ceilings - a sunny extension of the family room, which is ready for an evening with a new novel, thanks to built-in bookcases and a corner fireplace. A crowd-friendly kitchen is well-equipped with fine stainless appliances, a matching butler's pantry, and a breakfast room gilded with sunshine. A finished basement is the perfect entertaining level, with gym/play areas, a wet bar, darkroom/studio, and a temperature-controlled, cedar wine cellar able to house an incredible 1500 bottles! There's room for all on second floor with 2 renovated, stone-trimmed baths, and 5 bedrooms, including hardwood floors and a generous master suite. A whole house generator. Top Princeton schools and only moments to Nassau Street!
Last Agent to Sell the Property
(609) 203-4807 krizk@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 03/14/2018
Co-Listed By
(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793
Last Buyer's Agent
(609) 454-7012 jill.aguayo@cbmoves.com Coldwell Banker Residential Brokerage - Princeton
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,305
Year Built
- Built in 1968
Lot Details
- 2 Acre Lot
- Property is in good condition
- Property is zoned R1
Home Design
- Colonial Architecture
- Wood Siding
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Family Room
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Built-In Oven
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 2.5 Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Parking
- 5 Car Garage
- 3 Open Parking Spaces
- Garage Door Opener
Eco-Friendly Details
- Energy-Efficient Windows
Schools
- Johnson Park Elementary School
- J Witherspoon Middle School
- Princeton High School
Utilities
- Central Air
- Heating System Uses Gas
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 14-09501-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2018
Closed on
Sep 13, 2018
Sold by
Ertel David F and Ertel Frances E
Bought by
Olmstead Mara
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
JILL E. Aguayo
Coldwell Banker Residential Brokerage - Princeton
List Price
$1,350,000
Sold Price
$1,170,000
Premium/Discount to List
-$180,000
-13.33%
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
$261,879
Avg. Annual Appreciation
2.78%
Original Mortgage
$702,000
Outstanding Balance
$617,374
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$814,505
Purchase Details
Closed on
Mar 26, 2001
Purchase Details
Closed on
Jan 22, 2001
Sold by
Ochsner Michele
Bought by
Ertel David
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 |
|---|---|---|---|
| Olmstead Mara | $1,170,000 | Nrt Title Agency Llc | |
| -- | -- | -- | |
| Ertel David | $123,023 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olmstead Mara | $702,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2018 09/13/18 | Sold | $1,170,000 | -13.3% | -- |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | For Sale | $1,350,000 | -- | -- |
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 | $24,880 | $934,300 | $575,000 | $359,300 |
| 2024 | $23,488 | $934,300 | $575,000 | $359,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Rizk
-
Ellie Deardorff
E
Seller Co-Listing Agent in 2018
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
(609) 658-4999
38 in this area
68 Total Sales
-
JILL E. Aguayo
J
Buyer's Agent in 2018
JILL E. Aguayo
Coldwell Banker Residential Brokerage - Princeton
(609) 454-7012
2 Total Sales
Map
Source: Bright MLS
MLS Number: 1000276250
APN: 14-09501-0000-00008
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