NOT LISTED FOR SALE

229 Terhune Rd Princeton, NJ 08540

Estimated Value: $1,612,000 - $1,662,000

4 Beds
3 Baths
2,470 Sq Ft
$663/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,160,000 $470 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,766/month

Highlights

  • Remodeled in 2019
  • Eat-In Gourmet Kitchen
  • Deck
  • Community Park Elementary School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2019

Major renovation & addition to be performed by the high quality builder Grosso Homes, L.L.C.

Last Agent to Sell the Property

Marycoleen Grosso

(908) 672-0888 marygrosso@aol.com Queenston Realty, LLC Listed on: 03/28/2019

Queenston Realty, LLC

Last Buyer's Agent

Clare Mackness

(609) 454-1436 cmackness@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1866896

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,384

Year Built

  • Built in 1960 | Remodeled in 2019

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Front Yard
  • Additional Parcels
  • Property is in excellent condition
  • Property is zoned R6

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,470 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Community Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • 60 Gallon+ Natural Gas Water Heater
  • Public Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Suburban Location

Community Details

  • No Home Owners Association
  • Built by Grosso Homes, L.L.C.
  • Magnolia Model

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00006
  • Assessor Parcel Number 14-07208-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,384

Year Built

Built in 1960 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Exclusions: Please See Listing Agent
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: As Per MLS
  • New Construction: Yes
  • Story List: Lower 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1960
  • Year Renovated: 2019
  • Remarks Public: Major renovation & addition to be performed by the high quality builder Grosso Homes, L.L.C.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Energy Star Refrigerator, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Stall Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Energy Efficient, Insulated, Screens
  • Door Features: Insulated, Sliding Glass, Energy Star Qualified Door(s)
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Mud Room, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Full, Sump Pump
  • Laundry Type: Has Laundry, Lower Floor, Hookup
  • Total Sq Ft: 2470
  • Living Area Sq Ft: 2470
  • Price Per Sq Ft: 505.67
  • Above Grade Finished Sq Ft: 2470
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Construction Completed: No
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Paved Driveway, Private
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv Available, Electric Available, Sewer Available, Water Available, Phone Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Improvement Assessed Value: 182600.00
  • Land Assessed Value: 331000.00
  • Lot Features: Cleared, Front Yard, Level, Landscaping
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10019.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good, Excellent
  • Soil Types: Unknown
  • Year Assessed: 2018
  • Zoning: R6
  • Zoning Description: Residential

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Grosso Homes, L.L.C.

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2144644
  • Assessor Parcel Number: 14-07208-00006
  • Tax Lot: 00006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/31/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 15, 2019
Sold by
Grosso Homes Limited Liability Company
Bought by
Mackness Benjamin and Mackness Clare
Seller's Agent
Marycoleen Grosso
Queenston Realty, LLC
Buyer's Agent
Clare Mackness
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,249,000
Sold Price
$1,160,000
Premium/Discount to List
-$89,000
-7.13%
Current Estimated Value
$1,638,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,286
Avg. Annual Appreciation
5.97%
Original Mortgage
$790,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2019
Sold by
Tamasi Cosmo D and Tamasi Elizabeth M
Bought by
Grosso Homes Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.4%
Mortgage Type
Commercial
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
Mackness Benjamin $1,160,000 Empire Ttl & Abstract Agcy I
Grosso Homes Limited Liability Company $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackness Benjamin $790,000
Previous Owner Grosso Homes Limited Liability Company $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $1,160,000 -7.1% $470 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $1,249,000 -- $506 / Sq Ft
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 $25,384 $953,200 $331,000 $622,200
2024 $23,963 $953,200 $331,000 $622,200
2023 $23,963 $953,200 $331,000 $622,200
2022 $23,182 $953,200 $331,000 $622,200
2021 $23,249 $953,200 $331,000 $622,200
2020 $23,067 $953,200 $331,000 $622,200
2019 $12,183 $513,600 $331,000 $182,600
2018 $11,977 $513,600 $331,000 $182,600
2017 $11,813 $513,600 $331,000 $182,600
2016 $10,922 $482,400 $331,000 $151,400
2015 $10,421 $482,400 $331,000 $151,400
2014 $10,290 $482,400 $331,000 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME275194

Bright MLS

APN: 14-07208-0000-00006