NOT LISTED FOR SALE

203 Salem Ct Unit 1 Princeton, NJ 08540

Estimated Value: $408,000 - $447,000

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. 43% increase in value since last sale

Current estimated payment $3,229/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 License #0225194075 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
  • 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

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 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

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
$434,742

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
$391,594
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$43,148

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
9.80%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

    181 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

Not Listed for Sale

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