$1,044,475
SOLD JUL 10, 2019

201 Mercer St Princeton, NJ 08540

4 Beds
4.5 Baths
-- Sq Ft
0.46 Acres

Recently Sold

9% Below List Price

123 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Johnson Park School Rated A+
  • No HOA
  • Living Room

About This Home

As of July 2019

Minutes 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

Chihlan Chan

BHHS Fox & Roach - Princeton License #8636409 Listed on: 01/25/2019

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Cathy Nemeth

Callaway Henderson Sotheby's Int'l-Princeton License #7859353

Callaway Henderson Sotheby's Int'l-Princeton

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,526

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 4, Kitchen, Family Room, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Advanced Framing
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20125.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 26526.00
  • Assessor Parcel Number: 14-00035 01-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 07/10/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

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
$1,895,875

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,044,475 Acress Land Title Agency Inc
Deed $1,059,300 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $835,580 New Conventional
Previous Owner $847,440 Adjustable Rate Mortgage/ARM
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

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 $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

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Map

Source: Bright MLS

MLS Number: NJME203588

Bright MLS

APN: 14-00035-01-00005