Seller's Agent in 2018
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
44 in this area
79 Total Sales
122 Gallup Rd Princeton, NJ 08540
Estimated Value: $1,420,996 - $1,653,000
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
Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 03/14/2018
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
- En-Suite Primary Bedroom
- 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%
Total Days on Market
83
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
$369,999
Avg. Annual Appreciation
4.03%
Original Mortgage
$702,000
Outstanding Balance
$618,565
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$921,434
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 | $350,000 | |
| Open | Olmstead Mara | $702,000 | |
| Previous Owner | Ertel David | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 2023 | $23,488 | $934,300 | $575,000 | $359,300 |
| 2022 | $22,592 | $926,300 | $575,000 | $351,300 |
| 2021 | $22,592 | $926,300 | $575,000 | $351,300 |
| 2020 | $22,416 | $926,300 | $575,000 | $351,300 |
| 2019 | $21,972 | $926,300 | $575,000 | $351,300 |
| 2018 | $21,601 | $926,300 | $575,000 | $351,300 |
| 2017 | $21,305 | $926,300 | $575,000 | $351,300 |
| 2016 | $20,971 | $926,300 | $575,000 | $351,300 |
| 2015 | $20,490 | $926,300 | $575,000 | $351,300 |
| 2014 | $20,240 | $926,300 | $575,000 | $351,300 |
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
71 Total Sales
-
JILL E. Aguayo
J
Buyer's Agent in 2018
JILL E. Aguayo
Coldwell Banker Residential Brokerage - Princeton
(609) 454-7012
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: 1000276250
APN: 14-09501-0000-00008
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