NOT LISTED FOR SALE

132 Mercer St Princeton, NJ 08540

Estimated Value: $1,563,000 - $2,105,000

4 Beds
3.5 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $1,610,000

Est. 15% increase in value since last sale

Current estimated payment $12,290/month

38 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Commercial Range
  • Traditional Architecture
  • Johnson Park School Rated A+
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of February 2021

Set in the midst of Princeton's historic Mercer Hill, loved as much for its rich history and picture postcard charm as it is for its stroll-to-town location, this exquisite period home has been transformed by a stylish, windows-to-foundation renovation. Preserved 1870's details provide a beautiful backdrop for modern, searched-for highlights that include a spectacular gourmet kitchen, finished basement, and smart home features. Hardwood floors and an open flow connect a fireside living room to a holiday-sized dining room and beyond, a snug library. Designed with a chic European sensibility and every possible amenity, the chef's kitchen is an absolute showstopper with fittings from London, Italian geometric tile, and professional grade appliances that include a Wolf 6 burner with an indoor grill, a 848" Sub Zero fridge, and a 144 bottle wine fridge/humidor. Upstairs, 2 bedrooms and 2 suites feature lit, Elfa-organized closets; 3 full baths have been renovated beautifully. Unique to a period home like this are the "extra spaces": a top floor bonus room/den, a finished basement with ample storage, and a backyard oasis with a pair of bluestone patios, a year-round studio/office, and 3-car parking that includes a garage. Too many smart features to mention include Nest thermostats and gigabit wired network and internet. Along with new plumbing, electric, and foundation: this is effectively a new house!

Last Agent to Sell the Property

Ira Lackey Jr

Callaway Henderson Sotheby's Int'l-Princeton License #SP-9231148 Listed on: 10/03/2020

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,273

Year Built

  • Built in 1860 | Remodeled in 2018

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Property has an invisible fence for dogs
  • Wood Fence
  • Property is zoned R1MP

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls
  • Pitched Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Skylights
  • 1 Fireplace
  • Replacement Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Wood Frame Window
  • Entrance Foyer
  • Family Room on Second Floor
  • Living Room
  • Formal Dining Room
  • Library
  • Game Room
  • Storage Room
  • Utility Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack
  • Instant Hot Water

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Flush Toilets
  • Soaking Tub

Laundry

  • Laundry Room
  • Electric Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Home Energy Management

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • 220 Volts
  • 120/240V
  • 110 Volts
  • High-Efficiency Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00039 01-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,273

Year Built

Built in 1860 | Remodeled in 2018

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Wolf Kitchen Appliances (Blender, Toaster, and Slow Cooker) Home Network Router and Switches LG Washing Machine and LG Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1860
  • Year Renovated: 2018
  • Automatically Close On Close Date: Yes
  • Remarks Public: Set in the midst of Princeton's historic Mercer Hill, loved as much for its rich history and picture postcard charm as it is for its stroll-to-town location, this exquisite period home has been transformed by a stylish, windows-to-foundation renovation. Preserved 1870's details provide a beautiful backdrop for modern, searched-for highlights that include a spectacular gourmet kitchen, finished basement, and smart home features. Hardwood floors and an open flow connect a fireside living room to a holiday-sized dining room and beyond, a snug library. Designed with a chic European sensibility and every possible amenity, the chef's kitchen is an absolute showstopper with fittings from London, Italian geometric tile, and professional grade appliances that include a Wolf 6 burner with an indoor grill, a 848" Sub Zero fridge, and a 144 bottle wine fridge/humidor. Upstairs, 2 bedrooms and 2 suites feature lit, Elfa-organized closets; 3 full baths have been renovated beautifully. Unique to a period home like this are the "extra spaces": a top floor bonus room/den, a finished basement with ample storage, and a backyard oasis with a pair of bluestone patios, a year-round studio/office, and 3-car parking that includes a garage. Too many smart features to mention include Nest thermostats and gigabit wired network and internet. Along with new plumbing, electric, and foundation: this is effectively a new house!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, Dual Flush Toilets, Energy Efficient Appliances, Exhaust Fan, Freezer, Icemaker, Instant Hot Water, Oven - Double, Oven/Range - Gas, Refrigerator, Range Hood, Six Burner Stove, Stainless Steel Appliances, Washer - Front Loading, Washer, Water Heater - High-Efficiency
  • Flooring Type: Wood, Ceramic Tile, Concrete
  • Interior Amenities: Built-Ins, Dining Area, Kitchen - Eat-In, Formal/Separate Dining Room, Floor Plan - Traditional, Kitchen - Island, Kitchen - Gourmet, Pantry, Primary Bath(s), Soaking Tub, Skylight(s), Walk-In Closet(s), Window Treatments, Wine Storage, Wet/Dry Bar, Wood Floors
  • Window Features: Bay/Bow, Energy Efficient, Insulated, Skylights, Replacement, Wood Frame
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Brick/Mortar, Stone, Crawl Space
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Library, Foyer, 2nd Stry Fam Rm, Laundry, Storage Room, Utility Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Combination, Heated, Interior Access, Partially Finished, Poured Concrete, Sump Pump
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 132

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: Wood Siding
  • Roof: Asphalt, Pitched
  • Spa: No
  • View: Park/Greenbelt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 110 Volts, 220 Volts, 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Efficiency: Home Energy Management
  • Clean Green Assessed: No

Lot Info

  • Fencing: Invisible, Wood
  • Improvement Assessed Value: 632300.00
  • Land Assessed Value: 536000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Year Assessed: 2020
  • Zoning: R1MP

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2140303
  • Tax Annual Amount: 28273.00
  • Assessor Parcel Number: 14-00039 01-00009
  • Tax Lot: 00009
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Feb 3, 2021
Sold by
Marsh Bourdon Christopher and Marsh Bourdon Catherine
Bought by
Garip Filiz and Sabuncu Mert Rory
Seller's Agent
Ira Lackey Jr
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,599,000
Sold Price
$1,610,000
Premium/Discount to List
$11,000
0.69%
Total Days on Market
38
Current Estimated Value
$1,851,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,927
Avg. Annual Appreciation
4.64%
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 2010
Sold by
Ashbaugh Robert L and Westbrook Deborah C
Bought by
Marsh Bourdon Christopher and Marsh Bourdon Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2006
Sold by
Frank Robert
Bought by
Ashbaugh Robert and Westbrook Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.4%

Purchase Details

Closed on
Aug 10, 2004
Sold by
Tashjian Audrey
Bought by
Frakn Robert and Goldstein Mindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.71%

Purchase Details

Closed on
Dec 24, 1997
Sold by
Riffelmacher David
Bought by
Tashjian Audrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
7.02%
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
Garip Filiz $1,598,000 Seber Title Agency Llc
Marsh Bourdon Christopher $1,100,000 Nrt Title Agency Llc
Ashbaugh Robert $1,400,000 --
Frakn Robert $815,000 --
Tashjian Audrey B $426,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garip Filiz $250,000
Previous Owner Garip Filiz $665,386
Previous Owner Marsh Burdon Christopher $816,050
Previous Owner Bourdon Christopher Marsh $551,750
Previous Owner Marsh Bourdon Christopher $550,000
Previous Owner Westbrook Deborah C $250,000
Previous Owner Ashbaugh Robert $1,120,000
Previous Owner Frakn Robert $650,000
Previous Owner Tashjian Audrey B $341,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,610,000 +0.7% --
11/10/2020 11/10/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $1,599,000 -- --
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 $29,545 $1,175,200 $536,000 $639,200
2023 $29,545 $1,175,200 $536,000 $639,200
2022 $28,413 $1,168,300 $536,000 $632,300
2021 $28,495 $1,168,300 $536,000 $632,300
2020 $28,273 $1,168,300 $536,000 $632,300
2019 $26,827 $1,131,000 $471,000 $660,000
2018 $25,811 $1,106,800 $471,000 $635,800
2017 $25,456 $1,106,800 $471,000 $635,800
2016 $25,058 $1,106,800 $471,000 $635,800
2015 $24,482 $1,106,800 $471,000 $635,800
2014 $24,184 $1,106,800 $471,000 $635,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME302458

Bright MLS

APN: 14-00039-01-00009