Seller's Agent in 2022
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
42 in this area
75 Total Sales
144 Drakes Corner Rd Princeton, NJ 08540
Estimated Value: $1,722,000 - $2,461,000
4
Beds
3.5
Baths
--
Sq Ft
2.84
Acres
Highlights
- Gourmet Kitchen
- Panoramic View
- 2.84 Acre Lot
- Johnson Park School Rated A+
- Commercial Range
- Open Floorplan
About This Home
As of March 2022Perhaps the most visionary and ambitious project yet by renowned firm, Princeton Design Guild, this award-winning residence rooted in mid-century modern design is a celebration of fine craftsmanship, natural beauty and living the good life. Every inch of this extraordinary renovation is pure perfection and state-of-the-art, from radiant heat floors to retractable screens to novel storage solutions. Even the garage, naturally brightened by frosted glass panes, is flawlessly finished, heated and lined with cabinetry. Vast corner windows in the living or dining space showcase the incredible treehouse-like setting, a 3-acre perch above Woodfield Reservation. Sapele mahogany built-ins and paneling bring a cocoon-like warmth to the opposite end of the wide open floor plan. Ready for chic entertaining and ambitious culinary pursuits, the mahogany-clad kitchen comes equipped with double dishwashers, side-by-side Sub Zeros and a 48“ Wolf range. The main suite is a heavenly escape with a private sundeck, a wall of southerly windows, which only the birds can see, and a hotel-worthy bathroom beyond a fully customized dressing room ready for 2 wardrobes. A second suite offers private entry and climate control, ideal for guests, while another of the 4 total bedrooms has terrace-access. Imagine a home office with only the rustle of leaves to distract! A bright and versatile game room with tucked-away minibar also opens to the great outdoors. This perfectly-planned Princeton Ridge retreat is the pinnacle of casual sophistication and modern elan.
Last Agent to Sell the Property
(609) 203-4807 krizk@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0124663 Listed on: 01/07/2022
Co-Listed By
(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793
Last Buyer's Agent
(609) 947-5757 mmills@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8636710
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,391
Year Built
- Built in 1951 | Remodeled in 2019
Lot Details
- 2.84 Acre Lot
- Secluded Lot
- Partially Wooded Lot
- Backs to Trees or Woods
- Back and Side Yard
- Property is zoned RA
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Garage Door Opener
Property Views
- Panoramic
- Scenic Vista
- Woods
- Park or Greenbelt
Home Design
- Midcentury Modern Architecture
- Block Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- Property has 2.5 Levels
- Open Floorplan
- Built-In Features
- Skylights
- Recessed Lighting
- Entrance Foyer
- Great Room
- Family Room Off Kitchen
- Dining Room
- Utility Room
- Finished Basement
- Walk-Out Basement
Kitchen
- Gourmet Kitchen
- Commercial Range
- Six Burner Stove
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Construction
- Energy-Efficient HVAC
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
Location
- Property is near a park
Schools
- Johnson Park Elementary School
- John Witherspoon Middle School
- Princeton High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Radiant Heating System
- Hot Water Heating System
- Natural Gas Water Heater
- On Site Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 00002
- Assessor Parcel Number 14-01901-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2022
Closed on
Mar 23, 2022
Sold by
2009 Trust and Nierenberg Steven J
Bought by
Mueller Michael E and White Claire E
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,895,000
Sold Price
$1,925,000
Premium/Discount to List
$30,000
1.58%
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
$208,847
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,600,000
Outstanding Balance
$1,537,427
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$596,421
Purchase Details
Listed on
Mar 16, 2016
Closed on
Dec 8, 2017
Sold by
Metha Shiela and Conrath Jacqueline
Bought by
Nierenberg Steven J and The 2009 Trust
Seller's Agent
Richard Chenoweth
Callaway Henderson Sotheby's Int'l-Pennington
Buyer's Agent
Richard Chenoweth
Callaway Henderson Sotheby's Int'l-Pennington
List Price
$690,000
Sold Price
$580,000
Premium/Discount to List
-$110,000
-15.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.35%
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 |
|---|---|---|---|
| Mueller Michael E | $1,925,000 | Chicago Title | |
| Nierenberg Steven J | $580,000 | Westcor Land Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mueller Michael E | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $1,925,000 | +1.6% | -- | |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- | |
| 01/07/2022 01/07/22 | For Sale | $1,895,000 | +226.7% | -- | |
| 12/12/2017 12/12/17 | Sold | $580,000 | -15.9% | -- | View Prior Sale |
| 11/22/2017 11/22/17 | Pending | -- | -- | -- | |
| 09/16/2017 09/16/17 | For Sale | $690,000 | +19.0% | -- | |
| 09/16/2017 09/16/17 | Off Market | $580,000 | -- | -- | |
| 09/16/2017 09/16/17 | Price Changed | $690,000 | -6.6% | -- | |
| 05/04/2017 05/04/17 | Price Changed | $739,000 | -7.5% | -- | |
| 11/11/2016 11/11/16 | Price Changed | $799,000 | -5.9% | -- | |
| 09/22/2016 09/22/16 | For Sale | $849,000 | +46.4% | -- | |
| 09/17/2016 09/17/16 | Off Market | $580,000 | -- | -- | |
| 05/15/2015 05/15/15 | For Sale | $849,000 | -- | -- |
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 | $39,830 | $1,384,700 | $652,500 | $732,200 |
| 2024 | $37,602 | $1,495,700 | $702,500 | $793,200 |
| 2023 | $37,602 | $1,495,700 | $702,500 | $793,200 |
| 2022 | $29,245 | $1,202,500 | $702,500 | $500,000 |
| 2021 | $29,329 | $1,202,500 | $702,500 | $500,000 |
| 2020 | $18,791 | $776,500 | $702,500 | $74,000 |
| 2019 | $18,419 | $776,500 | $702,500 | $74,000 |
| 2018 | $18,108 | $776,500 | $702,500 | $74,000 |
| 2017 | $19,895 | $865,000 | $702,500 | $162,500 |
| 2016 | $19,584 | $865,000 | $702,500 | $162,500 |
| 2015 | $19,134 | $865,000 | $702,500 | $162,500 |
| 2014 | $18,900 | $865,000 | $702,500 | $162,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Rizk
-
Ellie Deardorff
E
Seller Co-Listing Agent in 2022
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
(609) 658-4999
35 in this area
68 Total Sales
-
Maura Mills
Buyer's Agent in 2022
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
(609) 947-5757
79 in this area
128 Total Sales
-
R
Seller's Agent in 2017
Richard Chenoweth
Callaway Henderson Sotheby's Int'l-Pennington
-
David Schure
Seller Co-Listing Agent in 2017
David Schure
Callaway Henderson Sotheby's Int'l-Princeton
(609) 577-7029
12 in this area
50 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2008802
APN: 14-01901-0000-00002
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