NOT LISTED FOR SALE

2 Pheasant Hill Rd Princeton, NJ 08540

Estimated Value: $2,816,000 - $3,385,000

5 Beds
8 Baths
-- Sq Ft
3.06 Acres

Last Sold June 20, 2016

Last sale price $2,400,000

Est. 40% increase in value since last sale

Current estimated payment $22,569/month

76 Days on Market

Highlights

  • Additional Residence on Property
  • Second Kitchen
  • 3.06 Acre Lot
  • Johnson Park School Rated A+
  • In Ground Pool
  • Colonial Architecture

About This Home

As of June 2016

Taken to the studs by architect Max Hayden, this spectacular Princeton estate deserves a feature in House Beautiful. Nine-foot ceilings, multi-layered millwork, gleaming wood floors and gorgeous built-ins create a home that is classically elegant and eminently livable. The main home offers 5 bedrooms, 6 baths and 1 half bath; three fireplaces; butler's pantry; cook's kitchen; living, family and dining rooms; office and elevator. Outside, enjoy a fireplace, pool and pool house with half bath. Designed for entertaining and relaxing, you'll delight in the living room with its wood-coffered ceiling, fireplace and built-ins; great room with paneled cathedral ceiling; and cook's kitchen with top appliances and Iroko wood-topped island. Completing the first floor are the butler's pantry with second dishwasher,breakfast nook, fifth bedroom and home office/study. On the second level, the master suite offers his-and-her baths with heated floors, while a bevy of bathrooms accommodate three other bedrooms. The unfinished basement offers the promise of more living space, with elevator access to all levels. Cobblestone drive, gated entry, glorious landscaping and double-pillared front porch add to the home's grand appearance. One owner has NJ Real Estate license.

Last Agent to Sell the Property

Christina Phillips

Callaway Henderson Sotheby's Int'l-Princeton License #0451351 Listed on: 03/18/2016

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Marilyn R. Durkee

Callaway Henderson Sotheby's Int'l-Princeton License #8134523

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,804

Year Built

  • Built in 1967

Lot Details

  • 3.06 Acre Lot
  • Northwest Facing Home
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot
  • Back and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 4 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Stone Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Attic

Kitchen

  • Second Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • In Ground Pool
  • Patio

Additional Homes

  • Additional Residence on Property

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00001 01
  • Assessor Parcel Number 14-03301-00001 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,804

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Listing Agent For Complete List
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1967
  • Remarks Public: Taken to the studs by architect Max Hayden, this spectacular Princeton estate deserves a feature in House Beautiful. Nine-foot ceilings, multi-layered millwork, gleaming wood floors and gorgeous built-ins create a home that is classically elegant and eminently livable. The main home offers 5 bedrooms, 6 baths and 1 half bath; three fireplaces; butler's pantry; cook's kitchen; living, family and dining rooms; office and elevator. Outside, enjoy a fireplace, pool and pool house with half bath. Designed for entertaining and relaxing, you'll delight in the living room with its wood-coffered ceiling, fireplace and built-ins; great room with paneled cathedral ceiling; and cook's kitchen with top appliances and Iroko wood-topped island. Completing the first floor are the butler's pantry with second dishwasher,breakfast nook, fifth bedroom and home office/study. On the second level, the master suite offers his-and-her baths with heated floors, while a bevy of bathrooms accommodate three other bedrooms. The unfinished basement offers the promise of more living space, with elevator access to all levels. Cobblestone drive, gated entry, glorious landscaping and double-pillared front porch add to the home's grand appearance. One owner has NJ Real Estate license.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Trash Compactor
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Sprinkler System, Elevator, 2nd Kitchen, Wet/Dry Bar, Intercom, Stall Shower, Dining Area
  • Fireplace Features: Brick, Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 17
  • 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, Drainage System
  • Laundry Type: Upper Floor
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures List: 2nd House
  • Construction Materials: Brick
  • Access To Pool: Yes
  • Exterior Features: Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

  • Improvement Assessed Value: 1280500.00
  • Land Assessed Value: 880600.00
  • Lot Features: Level, Open, Trees/Wooded, Rear Yard, Sideyard(s)
  • Lot Size Acres: 3.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 133294.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142228
  • Tax Annual Amount: 47804.00
  • Assessor Parcel Number: 14-03301-00001 01
  • Tax Lot: 00001 01
  • Tax Year: 2015
  • Close Date: 06/20/2016

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Jared Koesterich Russell and Howard Alice
Bought by
Law Josephine Ellen
Current Estimated Value
$3,363,253

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 15, 2016
Sold by
Bitterly Michael and Bitterly Eileen
Bought by
Koesterich Russell Jared and Koesterich Alice Howard
Seller's Agent
Christina Phillips
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Marilyn R. Durkee
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Aug 24, 2005
Sold by
Lifland William
Bought by
Bitterly Michael and Bitterly Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.92%
Source: Public Records

Range of Values:

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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
Law Josephine Ellen $2,682,000 First American Title
Koesterich Russell Jared $2,400,000 Trident Abstract Title Agenc
Bitterly Michael $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bitterly Michael $1,820,000
Previous Owner Bitterly Michael $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $2,400,000 -7.5% --
06/02/2016 06/02/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $2,595,000 -- --
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 $49,855 $1,983,100 $768,100 $1,215,000
2023 $49,855 $1,983,100 $768,100 $1,215,000
2022 $48,229 $1,983,100 $768,100 $1,215,000
2021 $50,909 $2,087,300 $755,600 $1,331,700
2020 $50,513 $2,087,300 $755,600 $1,331,700
2019 $52,476 $2,212,300 $880,600 $1,331,700
2018 $51,591 $2,212,300 $880,600 $1,331,700
2017 $49,705 $2,161,100 $880,600 $1,280,500
2016 $48,927 $2,161,100 $880,600 $1,280,500
2015 $47,804 $2,161,100 $880,600 $1,280,500
2014 $47,220 $2,161,100 $880,600 $1,280,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christina Phillips

    Callaway Henderson Sotheby's Int'l-Princeton

    (917) 208-5724

    6 in this area

    16 Total Sales

    Section Image
  • Marilyn R. Durkee

    Buyer's Agent in 2016

    Marilyn R. Durkee

    Callaway Henderson Sotheby's Int'l-Princeton

    (609) 462-4292

    4 in this area

    4 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003883237

Bright MLS

APN: 14-03301-0000-00001-01

New Jersey Mercer County Princeton 08540

2 Pheasant Hill Rd, Princeton, NJ

This home is located at 2 Pheasant Hill Rd, Princeton, NJ 08540 since 18 March 2016 and is currently estimated at $3,197,388. This property was built in 1967. 2 Pheasant Hill Rd is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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