NOT LISTED FOR SALE

132 Elm Rd Princeton, NJ 08540

Estimated Value: $3,486,115 - $5,755,000

7 Beds
7 Baths
-- Sq Ft
2.71 Acres

Last Sold January 09, 2015

Last sale price $4,325,000

Est. 7% increase in value since last sale

Current estimated payment $34,259/month

159 Days on Market

Highlights

  • Second Kitchen
  • Tennis Courts
  • 2.71 Acre Lot
  • Johnson Park School Rated A+
  • In Ground Pool
  • French Architecture

About This Home

As of January 2015

Elm Court has been a treasured Princeton landmark for nearly a century. Although the in-town location at the culmination of Hodge Road is well known and admired by all, the enclosed European-style crushed stone courtyard gives the French Provincial manse a sense of privacy and shelter. Celebrated American architect and Princeton grad, Marion Sims Wyeth, designed the house for Junius Morgan's daughter on land originally owned by William Penn, then Richard Stockton. As a Wyeth design, Elm Court joins the ranks of two of America's most famous residences, Marjorie Merriweather Post's Mar-A-Lago in Palm Beach and Doris Duke's Shangri-La in Honolulu. The estate is nearly 3 acres with rear gardens that revel in unimpeded sunset views, a swimming pool and a full acre that can be kept or sold. French doors across the back of the house open to a stone terrace under a candy-striped awning. Inside, detailing includes finely carved wood and marble mantles, acanthus leaf crown molding and graceful art niches that echo arched doorways. A reception hall opens to the formal rooms, a morning room and library, while the kitchen and breakfast rooms have their own entrance. The master suite is being redesigned to meet and exceed modern expectations. Two more double-room suites have their own fireplace and bathroom, as does a third floor bedroom. The former servants' wing is now a 2-bedroom apartment with large living room, den and kitchen. The southern wing houses a fully equipped regulation squash court, behind which there is also an outdoor tennis court.

Last Agent to Sell the Property

WILLA STACKPOLE

Callaway Henderson Sotheby's Int'l-Princeton Listed on: 05/15/2014

Co-Listed By

Pete Callaway

Callaway Henderson Sotheby's Int'l-Princeton License #7811591

Last Buyer's Agent

Meera Singh

Gautams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,890

Year Built

  • Built in 1928 | Remodeled in 2014

Lot Details

  • 2.71 Acre Lot
  • Subdivision Possible
  • Property is in good condition
  • Property is zoned R1

Home Design

  • French Architecture
  • Slate Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Skylights
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Second Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 14-00009 01-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,890

Year Built

Built in 1928 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: French
  • Ownership: Fee Simple
  • Exclusions: See Agent
  • Inclusions: See Agent
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1928
  • Year Renovated: 2014
  • Remarks Public: Elm Court has been a treasured Princeton landmark for nearly a century. Although the in-town location at the culmination of Hodge Road is well known and admired by all, the enclosed European-style crushed stone courtyard gives the French Provincial manse a sense of privacy and shelter. Celebrated American architect and Princeton grad, Marion Sims Wyeth, designed the house for Junius Morgan's daughter on land originally owned by William Penn, then Richard Stockton. As a Wyeth design, Elm Court joins the ranks of two of America's most famous residences, Marjorie Merriweather Post's Mar-A-Lago in Palm Beach and Doris Duke's Shangri-La in Honolulu. The estate is nearly 3 acres with rear gardens that revel in unimpeded sunset views, a swimming pool and a full acre that can be kept or sold. French doors across the back of the house open to a stone terrace under a candy-striped awning. Inside, detailing includes finely carved wood and marble mantles, acanthus leaf crown molding and graceful art niches that echo arched doorways. A reception hall opens to the formal rooms, a morning room and library, while the kitchen and breakfast rooms have their own entrance. The master suite is being redesigned to meet and exceed modern expectations. Two more double-room suites have their own fireplace and bathroom, as does a third floor bedroom. The former servants' wing is now a 2-bedroom apartment with large living room, den and kitchen. The southern wing houses a fully equipped regulation squash court, behind which there is also an outdoor tennis court.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Dishwasher
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), 2nd Kitchen, Dining Area
  • Fireplace Features: Marble
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Street Number Modifier: 132

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 6.00
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Total Garage And Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Land Assessed Value: 1264000.00
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 2.71
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 118086.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10636491
  • Tax Annual Amount: 74890.00
  • Assessor Parcel Number: 14-00009 01-00002
  • Tax Lot: 00002
  • Tax Year: 2013
  • Close Date: 01/09/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2015
Sold by
132 Elm Associates Llc
Bought by
132 Elm Assoctiates Llc
Total Days on Market
159
Current Estimated Value
$4,632,705

Purchase Details

Listed on
May 15, 2014
Closed on
Nov 25, 2014
Sold by
Heubach Gabriela
Bought by
Heubach Invest Gmbh And Co Keg
Seller's Agent
WILLA STACKPOLE
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Meera Singh
Gautams Realty
List Price
$4,750,000
Sold Price
$4,325,000
Premium/Discount to List
-$425,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$3,892,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Nov 18, 2014
Sold by
Heubach Invest Gmbh And Co Keg
Bought by
132 Elm Associaties Llc
Seller's Agent
WILLA STACKPOLE
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Meera Singh
Gautams Realty
List Price
$4,750,000
Sold Price
$4,325,000
Premium/Discount to List
-$425,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,892,500
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
132 Elm Assoctiates Llc -- Attorney
Heubach Invest Gmbh And Co Keg -- Fidelity Title Abstract Co
132 Elm Associaties Llc $4,325,000 Fidelity Title Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 132 Elm Associates Llc $4,700,000
Previous Owner Heubach Invest Gmbh And Co Keg $3,892,500
Previous Owner 132 Elm Associaties Llc $3,892,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $4,325,000 -8.9% --
10/21/2014 10/21/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $4,750,000 -- --
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 $116,086 $4,617,600 $732,000 $3,885,600
2023 $116,086 $4,617,600 $732,000 $3,885,600
2022 $112,300 $4,617,600 $732,000 $3,885,600
2021 $112,623 $4,617,600 $732,000 $3,885,600
2020 $115,957 $4,791,600 $906,000 $3,885,600
2019 $113,657 $4,791,600 $906,000 $3,885,600
2018 $111,740 $3,404,200 $906,000 $2,498,200
2017 $78,297 $3,404,200 $906,000 $2,498,200
2016 $73,132 $3,230,200 $732,000 $2,498,200
2015 $71,452 $3,230,200 $732,000 $2,498,200
2014 $65,163 $2,982,300 $732,000 $2,250,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002927600

Bright MLS

APN: 14-00009-01-00026