NOT LISTED FOR SALE

16 Lafayette Rd W Princeton, NJ 08540

Estimated Value: $2,968,000 - $3,396,000

5 Beds
6.5 Baths
2,620 Sq Ft
$1,210/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $2,200,000 $840 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $20,953/month

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • No HOA
  • Johnson Park School Rated A+
  • 2 Fireplaces
  • Living Room

About This Home

As of January 2013

Pending before processing

Last Agent to Sell the Property

Cheryl Goldman

(609) 439-9072 cgoldman@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9233624 Listed on: 01/31/2012

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Barbara Blackwell

(609) 915-5000 bblackwell@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8531203

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,826

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 151x233
  • Property is zoned R1

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces

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
  • Built by PALOMAR

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 14-00001 01-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,826

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • 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

  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 223400.00
  • Land Assessed Value: 797000.00
  • Lot Size Acres: 0.81
  • Lot Dimensions: 151X233
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35183.00
  • Zoning: R1

Building Info

  • Builder Name: PALOMAR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138339
  • Tax Annual Amount: 20826.00
  • Assessor Parcel Number: 14-00001 01-00014
  • Tax Lot: 00014
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jan 11, 2013
Sold by
M R M Construction Limited Liability Co
Bought by
Shin Eon K and Shin Nara C
Seller's Agent
Cheryl Goldman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
Sold Price
$2,200,000
Current Estimated Value
$3,169,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$969,408
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,650,000
Outstanding Balance
$1,146,175
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$2,023,233

Purchase Details

Closed on
Sep 19, 2011
Sold by
The Trust For Lydia Bass Lefaire
Bought by
M R M Construction Limited Liability Com

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,757,500
Interest Rate
4.15%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Shin Eon K $2,200,000 First American Title
M R M Construction Limited Liability Com $650,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Eon K $1,650,000
Previous Owner M R M Construction Limited Liability Com $1,757,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2013 01/16/13 Sold $2,200,000 -- $840 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
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
2025 $50,597 $1,907,400 $677,000 $1,230,400
2024 $47,766 $1,900,000 $677,000 $1,223,000
2023 $47,766 $1,900,000 $677,000 $1,223,000
2022 $46,208 $1,900,000 $677,000 $1,223,000
2021 $46,341 $1,900,000 $677,000 $1,223,000
2020 $45,980 $1,900,000 $677,000 $1,223,000
2019 $45,068 $1,900,000 $677,000 $1,223,000
2018 $44,308 $1,900,000 $677,000 $1,223,000
2017 $43,700 $1,900,000 $677,000 $1,223,000
2016 $46,385 $2,048,800 $677,000 $1,371,800
2015 $45,134 $2,040,400 $677,000 $1,363,400
2014 $44,508 $2,037,000 $677,000 $1,360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003830784

Bright MLS

APN: 14-00001-01-00014