131 S Mill Rd Princeton Junction, NJ 08550
Estimated Value: $1,141,000 - $1,636,000
4
Beds
2.5
Baths
3,382
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Guest House
- Barn
- Gourmet Country Kitchen
- Dutch Neck Elementary School Rated A
- Second Garage
- 1-minute walk to Lewis B. Chamberlin Park
About This Home
As of May 2022Live in one of the few remaining Princeton Junction properties that reflects its agricultural history. The former Holman farmstead has a stylish main residence, two adjacent rental units, barn and other unique features that have been lovingly owned by an architect for the last twenty-five years. Built in 1836, the main house retains its period charms but has been carefully restored to include the comforts and amenities expected with our modern lifestyle. Re-imagining the home included creating a first-floor primary bedroom suite with a working gas fireplace. An addition at the rear of the house was designed to embrace the stately trees, gardens and patio on this nearly two-acre property. It includes a contemporary kitchen plus a laundry room, large office and half bath. Adjoining the kitchen is a spacious dining room for entertaining and large holiday sit-down dinners. Upstairs are three spacious bedrooms and bathroom. A finished attic space is perfect for quiet meditation or child’s playroom.
Throughout the house you will note the thoughtful renovations to the original hardwood floors, solid plaster walls and moldings, chestnut staircase plus custom designed radiator covers. All windows were upgraded with energy efficient double-hung Pella glass and two-zone central air conditioning.
The property’s outbuildings have been renovated with an eye to modern living. A charming cottage is a studio apartment. Above the homeowner’s garage and art studio is a two-bedroom apartment. Whether you decide to continue the lucrative rental tradition or convert the use to a home office or additional family living space, this is a truly special opportunity. The barn is now heated with a 3-bay woodworking shop.
Located in highly sought-after Princeton Junction and just a short distance to the train station and downtown Princeton. For families with school age children, the West Windsor schools are exceptional and one of the premier educational opportunities in New Jersey.
Last Agent to Sell the Property
Coldwell Banker Residential Brokerage - Princeton License #340452 Listed on: 03/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,318
Year Built
- Built in 1836
Lot Details
- 1.72 Acre Lot
- Property is zoned R-20
Parking
- 1 Car Detached Garage
- Second Garage
- Oversized Parking
- Driveway
Home Design
- Colonial Architecture
- Cottage
- Studio
- Combination Foundation
- Block Foundation
- Slab Foundation
- Frame Construction
Interior Spaces
- 3,382 Sq Ft Home
- Property has 3 Levels
- Curved or Spiral Staircase
- Built-In Features
- Crown Molding
- Skylights
- Gas Fireplace
- Living Room
- Formal Dining Room
- Office or Studio
- Bonus Room
- Wood Flooring
- Finished Basement
- Interior Basement Entry
- Attic Fan
Kitchen
- Gourmet Country Kitchen
- Built-In Range
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Utility Building
- Outbuilding
- Tenant House
Additional Homes
- Guest House
- Dwelling with Separate Living Area
Utilities
- Central Heating and Cooling System
- Radiator
- Hot Water Baseboard Heater
- Programmable Thermostat
- 60+ Gallon Tank
Additional Features
- Energy-Efficient Windows
- Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00073
- Assessor Parcel Number 13-00021 07-00073
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2022
Closed on
May 23, 2022
Sold by
Ross and Heidi
Bought by
Baca Justin and Baca Morgan
Seller's Agent
Lisa Weil
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Robert Lopez
Keller Williams Real Estate - Princeton
List Price
$1,180,000
Sold Price
$1,200,000
Premium/Discount to List
$20,000
1.69%
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
$168,943
Avg. Annual Appreciation
4.10%
Original Mortgage
$960,000
Outstanding Balance
$918,675
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$439,540
Purchase Details
Closed on
Jul 1, 1997
Sold by
Holman Guy
Bought by
Ross Theodor and Kleinman Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Princeton Junction, NJ
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 |
|---|---|---|---|
| Baca Justin | $1,200,000 | Deelereq Frilly K | |
| Ross Theodor | $333,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baca Justin | $200,000 | |
| Open | Baca Justin | $960,000 | |
| Previous Owner | Ross Theodor | $302,000 | |
| Previous Owner | Ross Theodor | $240,000 | |
| Previous Owner | Ross Theodor | $196,900 | |
| Previous Owner | Ross Theodor | $209,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $1,200,000 | +1.7% | $355 / Sq Ft |
| 04/08/2022 04/08/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $1,180,000 | -- | $349 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $27,220 | $926,800 | $299,200 | $627,600 |
| 2023 | $27,220 | $926,800 | $299,200 | $627,600 |
| 2022 | $17,464 | $606,400 | $299,200 | $307,200 |
| 2021 | $15,183 | $531,600 | $224,400 | $307,200 |
| 2020 | $14,906 | $531,600 | $224,400 | $307,200 |
| 2019 | $14,736 | $531,600 | $224,400 | $307,200 |
| 2018 | $14,598 | $531,600 | $224,400 | $307,200 |
| 2017 | $14,295 | $531,600 | $224,400 | $307,200 |
| 2016 | $13,986 | $531,600 | $224,400 | $307,200 |
| 2015 | $13,662 | $531,600 | $224,400 | $307,200 |
| 2014 | $13,503 | $531,600 | $224,400 | $307,200 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Weil
Seller's Agent in 2022
Lisa Weil
Coldwell Banker Residential Brokerage - Princeton
(609) 240-9879
8 in this area
23 Total Sales
-
Robert Lopez
Buyer's Agent in 2022
Robert Lopez
Keller Williams Real Estate - Princeton
(609) 865-7483
4 in this area
77 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2012386
APN: 13-00021-07-00073
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