NOT LISTED FOR SALE

203 Salem Ct Unit 1 Princeton, NJ 08540

Estimated Value: $429,000 - $453,050

2 Beds
2 Baths
1,258 Sq Ft
$327/mo HOA Fee

Last Sold February 11, 2022

Last sale price $305,000 $242 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,284/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Maurice Hawk Elementary School Rated A
  • Community Pool
  • 3-minute walk to Turning Basin Park

About This Home

As of February 2022

Bright 2 bedroom 2 bath first floor condo.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 02/15/2022

Last Buyer's Agent

Susan Thompson

(609) 638-7700 sthompson@corcoranss.com Corcoran Sawyer Smith License #785606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,780

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 1,258 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00167 11
  • Assessor Parcel Number 13-00007-00167 11-C1001

Community Details

Overview

  • Association fees include common area maintenance
  • Premier Management HOA, Phone Number (409) 452-1585
  • Low-Rise Condominium
  • Canal Pointe Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,780

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main
  • Automatically Close On Close Date: No
  • Remarks Public: Bright 2 bedroom 2 bath first floor condo.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1258
  • Living Area Sq Ft: 1258
  • Price Per Sq Ft: 237.68
  • Above Grade Finished Sq Ft: 1258
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 203

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 327.36
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: PREMIER MANAGEMENT
  • HOA Phone: 409 452 1585
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: WEST WINDSOR-PLAINSBORO REGIONAL
  • School District Key: 300200396174
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 157400.00
  • Land Assessed Value: 80000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: MUL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2180320
  • Tax Annual Amount: 6780.00
  • Assessor Parcel Number: 13-00007-00167 11-C1001
  • Tax Lot: 00167 11
  • Tax Total Finished Sq Ft: 1258
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/11/2022

MLS Schools

  • School District Name: WEST WINDSOR-PLAINSBORO REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Ponnezhan Property 1 Llc
Bought by
Prakash Athul Paul
Current Estimated Value
$443,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,991
Outstanding Balance
$391,946
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$51,567

Purchase Details

Listed on
Feb 15, 2022
Closed on
Feb 3, 2022
Sold by
Adams Susan K and Adams Bryan K
Bought by
Ponnezhan Property 1 Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Susan Thompson
Corcoran Sawyer Smith
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
May 19, 2010
Sold by
Persky Jeffrey M and Persky Robin L
Bought by
Adams Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Prakash Athul Paul $413,675 Capital Title
Prakash Athul Paul $413,675 Capital Title
Ponnezhan Property 1 Llc $305,000 Ammerzell Frederick E
Adams Susan $244,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prakash Athul Paul $392,991
Closed Prakash Athul Paul $392,991
Previous Owner Adams Susan $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 For Sale $299,000 -2.0% $238 / Sq Ft
02/11/2022 02/11/22 Sold $305,000 -- $242 / Sq Ft
12/21/2021 12/21/21 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 $7,276 $237,400 $80,000 $157,400
2024 $6,972 $237,400 $80,000 $157,400
2023 $6,972 $237,400 $80,000 $157,400
2022 $6,837 $237,400 $80,000 $157,400
2021 $6,780 $237,400 $80,000 $157,400
2020 $6,657 $237,400 $80,000 $157,400
2019 $6,581 $237,400 $80,000 $157,400
2018 $6,519 $237,400 $80,000 $157,400
2017 $6,384 $237,400 $80,000 $157,400
2016 $6,246 $237,400 $80,000 $157,400
2015 $6,101 $237,400 $80,000 $157,400
2014 $6,030 $237,400 $80,000 $157,400
Source: Public Records

Agents Affiliated with this Home

  • Susan Thompson

    Buyer's Agent in 2022

    Susan Thompson

    Corcoran Sawyer Smith

    (609) 638-7700

    3 in this area

    177 Total Sales

    Susan Thompson
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Map

Source: Bright MLS

MLS Number: NJME2012356

Bright MLS

APN: 13-00007-0000-00167-11-C1001

New Jersey Mercer County Princeton 08540

203 Salem Ct Unit 1, Princeton, NJ

This home is located at 203 Salem Ct Unit 1, Princeton, NJ 08540 since 15 February 2022 and is currently estimated at $443,513, approximately $352 per square foot. 203 Salem Ct Unit 1 is a home located in Mercer County with nearby schools including Maurice Hawk Elementary School, Village Elementary School, and Thomas R. Grover Middle School.

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