NOT LISTED FOR SALE

161 Hodge Rd Princeton, NJ 08540

Estimated Value: $3,040,448 - $4,832,000

6 Beds
6.5 Baths
-- Sq Ft
1.11 Acres

Last Sold August 03, 2015

Last sale price $2,674,000

Est. 42% increase in value since last sale

Current estimated payment $26,136/month

170 Days on Market

Highlights

  • In Ground Pool
  • Commercial Range
  • Colonial Architecture
  • Community Park Elementary School Rated A+
  • 1.11 Acre Lot
  • Marble Flooring

About This Home

As of August 2015

Circa 1928 and built of hand-selected Pennsylvania field-stone, this lovely manor house was designed by renowned Princeton architect Rolf Bauhan, who refers to 161 Hodge as, "one of my best". On over an acre of professionally landscaped lawn and gardens within Princeton's "Western Section", this house possesses 6 bedrooms and 6.5 redone bathrooms. The formal living room, library and dining room each have high ceilings, gorgeous moldings and prominent fireplaces, while the dining room walls display a delicate hand-painted mural telling the story of "Scenes of Princeton". Tucked away, off of the paneled library, is a private office with creamy custom built-ins. A total kitchen renovation in 2011 includes; all-white 'Raynor Woodworking' handmade custom cabinetry, 2-inch thick marble counter-tops, radiant flooring, Marvin windows, Viking/Sub-Zero/Miele appliances, a butler's pantry, new family room, full bath and a mudroom. The master bedroom, with gas fireplace and 2 master bathrooms, rests on the second floor, along with 5 additional bedrooms, 3 additional bathrooms and a large playroom, complete with laundry. The finished attic makes for a perfect future recreation area and comes with 4 secret storage rooms, while a heated in-ground pool, surrounded by a large fenced and walled lawn, provides three-season fun and frolic. The 3-car garage, with unfinished pool house space, was added to the grounds in 2013 by Lewis Barber Construction. Electrics, lighting, plumbing, 4-zone heat and 8-zone central air were all upgraded/added in the main house, and floors were refinished, while the original footprint, slate roof and period details were left intact. Self-testing whole house Kohler generator recently installed. Walk to downtown, restaurants, shops, Princeton University, McCarter Theater and The Institute for Advanced Study. Welcome to Princeton.

Last Agent to Sell the Property

Laura Huntsman

Callaway Henderson Sotheby's Int'l-Princeton License #9909029 Listed on: 01/22/2015

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Vanessa Shives

Queenston Realty, LLC License #571828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,390

Year Built

  • Built in 1927

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 200x241
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Slate Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Brick Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Butlers Pantry
  • Commercial Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed
  • Play Equipment
  • Porch

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 14-00008 01-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,390

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining Room Chandelier, All Draperies And Hardware
  • Inclusions: Wooden Playset
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1927
  • Remarks Public: Circa 1928 and built of hand-selected Pennsylvania field-stone, this lovely manor house was designed by renowned Princeton architect Rolf Bauhan, who refers to 161 Hodge as, "one of my best". On over an acre of professionally landscaped lawn and gardens within Princeton's "Western Section", this house possesses 6 bedrooms and 6.5 redone bathrooms. The formal living room, library and dining room each have high ceilings, gorgeous moldings and prominent fireplaces, while the dining room walls display a delicate hand-painted mural telling the story of "Scenes of Princeton". Tucked away, off of the paneled library, is a private office with creamy custom built-ins. A total kitchen renovation in 2011 includes; all-white 'Raynor Woodworking' handmade custom cabinetry, 2-inch thick marble counter-tops, radiant flooring, Marvin windows, Viking/Sub-Zero/Miele appliances, a butler's pantry, new family room, full bath and a mudroom. The master bedroom, with gas fireplace and 2 master bathrooms, rests on the second floor, along with 5 additional bedrooms, 3 additional bathrooms and a large playroom, complete with laundry. The finished attic makes for a perfect future recreation area and comes with 4 secret storage rooms, while a heated in-ground pool, surrounded by a large fenced and walled lawn, provides three-season fun and frolic. The 3-car garage, with unfinished pool house space, was added to the grounds in 2013 by Lewis Barber Construction. Electrics, lighting, plumbing, 4-zone heat and 8-zone central air were all upgraded/added in the main house, and floors were refinished, while the original footprint, slate roof and period details were left intact. Self-testing whole house Kohler generator recently installed. Walk to downtown, restaurants, shops, Princeton University, McCarter Theater and The Institute for Advanced Study. Welcome to Princeton.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Refrigerator, Disposal, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Stain/Lead Glass, Whirlpool/Hottub, Wet/Dry Bar, Dining Area
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Brick, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor, Basement
  • Street Number Modifier: 161

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Wood Siding, Stone
  • Construction Completed: No
  • Exterior Features: Play Equipment
  • Pool Features: In Ground
  • Roof: Pitched, Shingle, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Forced Air, Radiator, Radiant, Zoned, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 1419400.00
  • Land Assessed Value: 841000.00
  • Lot Features: Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.11
  • Lot Dimensions: 200X241
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48200.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138519
  • Tax Annual Amount: 49390.00
  • Assessor Parcel Number: 14-00008 01-00015
  • Tax Lot: 00015
  • Tax Year: 2014
  • Close Date: 08/03/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Jul 17, 2015
Sold by
Covin David R and Covin Beth Sala
Bought by
Motto Daniel N and Motto Tina M
Seller's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Vanessa Shives
Queenston Realty, LLC
List Price
$3,250,000
Sold Price
$2,674,000
Premium/Discount to List
-$576,000
-17.72%
Total Days on Market
170
Current Estimated Value
$3,796,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,362
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,250,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1998
Sold by
Zawadsky Joseph
Bought by
Covin David and Sala Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.93%
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
Motto Daniel N $2,674,000 North American Title Agency
Covin David $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motto Daniel N $999,000
Closed Motto Daniel N $1,250,000
Previous Owner Covin David R $500,000
Previous Owner Covin David R $1,500,000
Previous Owner Covin David R $417,000
Previous Owner Covin David R $1,000,000
Previous Owner Covin David $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2015 08/03/15 Sold $2,674,000 -9.4% --
07/11/2015 07/11/15 Pending -- -- --
06/01/2015 06/01/15 Price Changed $2,950,000 -9.2% --
01/22/2015 01/22/15 For Sale $3,250,000 -- --
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 $57,897 $2,303,000 $841,000 $1,462,000
2023 $57,897 $2,303,000 $841,000 $1,462,000
2022 $56,009 $2,303,000 $841,000 $1,462,000
2021 $56,170 $2,303,000 $841,000 $1,462,000
2020 $55,733 $2,303,000 $841,000 $1,462,000
2019 $54,627 $2,303,000 $841,000 $1,462,000
2018 $53,706 $2,303,000 $841,000 $1,462,000
2017 $52,822 $2,296,600 $841,000 $1,455,600
2016 $51,995 $2,296,600 $841,000 $1,455,600
2015 $50,801 $2,296,600 $841,000 $1,455,600
2014 $50,181 $2,260,400 $841,000 $1,419,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002566946

Bright MLS

APN: 14-00008-01-00015