201 Mercer St Princeton, NJ 08540
Estimated Value: $1,675,000 - $2,060,501
4
Beds
4.5
Baths
--
Sq Ft
0.46
Acres
Highlights
- Private Pool
- Contemporary Architecture
- 2 Car Attached Garage
- Johnson Park School Rated A+
- No HOA
- Living Room
About This Home
As of July 2019Minutes to town, one of a kind! This uniquely designed contemporary is 0.7 mile to the heart of Princeton and is neighboring Marquand Park with historical plantings. In the heart of this custom built home is the large 2-story great room that lets in tons of light through both the translucent skylights and the extra-wide sliding glass doors out to both the front yard and the huge sunroom in back, which opens to the pool and yard. The great room features track lighting, surround sound, a built-in bar and gas fireplace. A carpeted den with gas fireplace and built in bar is great for relaxing and entertaining. The Great Room opens to a huge sunroom with high ceiling and walls of sliding doors. Enjoy the view of the backyard and the pool while relaxing in the sunroom. A full bathroom next to the mud room is conveniently located for the use of the pool. Additional first floor bedroom with built-ins and a full bathroom complete the first floor. Master bedroom features gas fireplace, surrounding windows and sliding doors to a balcony. A huge walk-in closet has tons of hanging and storage space, complete with translucent skylights and a built-in bench for dressing. The luxurious master bathroom boasts an oversized bathtub, double sink, sauna, steam shower with multiple shower heads. Two additional bedrooms on the upper level are connected by a full bath. Upstairs office/study area has unobstructed view of the front yard. Each bedroom has sliding door opening to a balcony with sitting and views. Home has lots of light, windows, views, built-in storage. It's also great for entertaining. Finished basement. Four zoned heating/cooling, newer roof. Excellent School District. Enjoy what this prestigious town has to offer, a great downtown for strolling, great restaurants, historic buildings, cultural events, and more.New Dishwasher, New Washer and Dryer.
Last Agent to Sell the Property
BHHS Fox & Roach - Princeton License #8636409 Listed on: 01/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,526
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Contemporary Architecture
- Advanced Framing
Interior Spaces
- Property has 2 Levels
- Family Room
- Living Room
- Dining Room
- Finished Basement
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Additional Features
- Private Pool
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00005
- Assessor Parcel Number 14-00035 01-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2019
Closed on
Jul 15, 2019
Sold by
Chen Cheng Y and Zhou Paul H
Bought by
Brooks Alexander and Brooks Sarah S
Seller's Agent
Chihlan Chan
BHHS Fox & Roach - Princeton
Buyer's Agent
Cathy Nemeth
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,150,000
Sold Price
$1,044,475
Premium/Discount to List
-$105,525
-9.18%
Total Days on Market
123
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
$851,400
Avg. Annual Appreciation
10.59%
Original Mortgage
$835,580
Outstanding Balance
$739,831
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,156,044
Purchase Details
Listed on
Feb 27, 2012
Closed on
Sep 27, 2012
Sold by
Howard Andrew S
Bought by
Chen Cheng Yi and Zhou Paula H
Seller's Agent
Beatrice Bloom
Weichert Realtors - Princeton
Buyer's Agent
Chihlan Chan
BHHS Fox & Roach - Princeton
List Price
$1,400,000
Sold Price
$1,059,300
Premium/Discount to List
-$340,700
-24.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%
Original Mortgage
$847,440
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Princeton, NJ
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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 |
|---|---|---|---|
| Brooks Alexander | $1,044,475 | Acress Land Title Agency Inc | |
| Chen Cheng Yi | $1,059,300 | Commonwealth Land Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brooks Alexander | $835,580 | |
| Previous Owner | Chen Cheng Yi | $847,440 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2019 07/10/19 | Sold | $1,044,475 | -5.0% | -- |
| 05/28/2019 05/28/19 | Pending | -- | -- | -- |
| 03/28/2019 03/28/19 | Price Changed | $1,100,000 | -4.3% | -- |
| 01/25/2019 01/25/19 | For Sale | $1,150,000 | 0.0% | -- |
| 07/15/2018 07/15/18 | Rented | $6,500 | 0.0% | -- |
| 06/07/2018 06/07/18 | Under Contract | -- | -- | -- |
| 06/02/2018 06/02/18 | For Rent | $6,500 | +8.3% | -- |
| 06/01/2017 06/01/17 | Rented | $6,000 | -25.0% | -- |
| 05/16/2017 05/16/17 | Under Contract | -- | -- | -- |
| 02/03/2017 02/03/17 | For Rent | $8,000 | 0.0% | -- |
| 09/27/2012 09/27/12 | Sold | $1,059,300 | -7.9% | -- |
| 08/16/2012 08/16/12 | Pending | -- | -- | -- |
| 07/13/2012 07/13/12 | Price Changed | $1,150,000 | -11.2% | -- |
| 05/21/2012 05/21/12 | Price Changed | $1,295,000 | -7.5% | -- |
| 02/27/2012 02/27/12 | For Sale | $1,400,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $24,760 | $1,032,200 | $517,000 | $515,200 |
| 2023 | $24,760 | $984,900 | $517,000 | $467,900 |
| 2022 | $23,953 | $984,900 | $517,000 | $467,900 |
| 2021 | $24,022 | $984,900 | $517,000 | $467,900 |
| 2020 | $23,835 | $984,900 | $517,000 | $467,900 |
| 2019 | $26,982 | $1,137,500 | $517,000 | $620,500 |
| 2018 | $26,527 | $1,137,500 | $517,000 | $620,500 |
| 2017 | $26,163 | $1,137,500 | $517,000 | $620,500 |
| 2016 | $25,753 | $1,137,500 | $517,000 | $620,500 |
| 2015 | $25,162 | $1,137,500 | $517,000 | $620,500 |
| 2014 | $24,706 | $1,130,700 | $517,000 | $613,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chihlan Chan
Seller's Agent in 2019
Chihlan Chan
BHHS Fox & Roach
(609) 915-2581
16 in this area
131 Total Sales
-
Cathy Nemeth
Buyer's Agent in 2019
Cathy Nemeth
Callaway Henderson Sotheby's Int'l-Princeton
(609) 462-1237
36 Total Sales
-
Meera Singh
M
Buyer's Agent in 2018
Meera Singh
Gautams Realty
(732) 939-0227
9 Total Sales
-
Robin Wallack
Buyer's Agent in 2017
Robin Wallack
BHHS Fox & Roach
(609) 462-2340
34 in this area
110 Total Sales
-
Beatrice Bloom
Seller's Agent in 2012
Beatrice Bloom
Weichert Corporate
(609) 577-2989
39 in this area
165 Total Sales
Map
Source: Bright MLS
MLS Number: NJME203588
APN: 14-00035-01-00005
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