NOT LISTED FOR SALE

25 Hageman Ln Princeton, NJ 08540

Estimated Value: $3,228,000 - $3,895,000

5 Beds
7 Baths
-- Sq Ft
4.28 Acres

Last Sold December 02, 2021

Last sale price $2,900,000

Est. 22% increase in value since last sale

Current estimated payment $23,497/month

Highlights

  • Concrete Pool
  • Gourmet Kitchen
  • 4.28 Acre Lot
  • Johnson Park School Rated A+
  • Commercial Range
  • Dual Staircase

About This Home

As of December 2021

Exuding an air of casual elegance and situated to make the most of its exceptional setting, this luxury home is the work of esteemed architect Max Hayden. A gated driveway meanders through rustling trees, past a tennis court, to a stunning courtyard that envelops a stone terrace and poolscape with cascading koi pond. Major updates to the interior completed within the last few years include enlarged Marvin windows showcasing unobstructed views of the dramatic wooded hillside dotted with natural rock formations. Sculptural ironwork on stairs and balconies, large stone tiles and gorgeous new walnut floors also pay homage to the surroundings. The kitchen and butler's pantry were renovated to suit the most discerning chef with Miele, Sub Zero and Wolf appliances, as well as double islands topped with Australian Quartzite. New lighting by Hubbardton Forge is a perfect complement, here and throughout the home. Bedrooms are positioned to give everyone the space they deserve with the main suite in its own wing, a guest suite on the first floor and 3 more bedrooms with a sitting area upstairs. The lower level is devoted to leisure and wellness with a state-of-the-art 10-seat theater, a game room with a bar, a library and a spa - much appreciated after a workout in the loft above.

Last Agent to Sell the Property

Amy Worthington

(609) 647-8910 AWorthington@CallawayHenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #122139 Listed on: 01/15/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Denise Shaughnessy

(609) 575-2524 dshaughnessy@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #231557

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,813

Year Built

  • Built in 1997

Lot Details

  • 4.28 Acre Lot
  • Masonry wall
  • Partially Fenced Property
  • Privacy Fence
  • Landscaped
  • No Through Street
  • Secluded Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned RA

Parking

  • 4 Garage Spaces | 2 Direct Access and 2 Detached
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • On-Street Parking

Home Design

  • Slate Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Recessed Lighting
  • 5 Fireplaces
  • Double Pane Windows
  • Replacement Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Game Room
  • Hobby Room
  • Efficiency Studio
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Built-In Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Shelving
  • Natural lighting in basement

Pool

  • Concrete Pool
  • Filtered Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Permits for Pool

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • On Site Septic

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Windows

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002 05
  • Assessor Parcel Number 14-01601-00002 05

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,813

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Automatically Close On Close Date: Yes
  • Remarks Public: Exuding an air of casual elegance and situated to make the most of its exceptional setting, this luxury home is the work of esteemed architect Max Hayden. A gated driveway meanders through rustling trees, past a tennis court, to a stunning courtyard that envelops a stone terrace and poolscape with cascading koi pond. Major updates to the interior completed within the last few years include enlarged Marvin windows showcasing unobstructed views of the dramatic wooded hillside dotted with natural rock formations. Sculptural ironwork on stairs and balconies, large stone tiles and gorgeous new walnut floors also pay homage to the surroundings. The kitchen and butler's pantry were renovated to suit the most discerning chef with Miele, Sub Zero and Wolf appliances, as well as double islands topped with Australian Quartzite. New lighting by Hubbardton Forge is a perfect complement, here and throughout the home. Bedrooms are positioned to give everyone the space they deserve with the main suite in its own wing, a guest suite on the first floor and 3 more bedrooms with a sitting area upstairs. The lower level is devoted to leisure and wellness with a state-of-the-art 10-seat theater, a game room with a bar, a library and a spa - much appreciated after a workout in the loft above.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Dryer, Dryer - Electric, Freezer, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Additional Stairway, Attic, Built-Ins, Butlers Pantry, Cedar Closet(s), Double/Dual Staircase, Efficiency, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Soaking Tub, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Pane, Energy Efficient, Replacement
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Library, Foyer, Breakfast Room, Study, Laundry, Office, Media Room, Hobby Room, Primary Bathroom, Additional Bedroom
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Outside Entrance, Shelving
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Stucco
  • Pool Features: Concrete, Fenced, Filtered, Heated, In Ground, Permits, Saltwater
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Paved Driveway, Paved Parking, Brick Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Additional Storage Area, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Detached Garage, Driveway, On Street

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: On Site Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON 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: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Masonry/Stone, Privacy, Partially
  • Improvement Assessed Value: 1372200.00
  • Land Assessed Value: 892800.00
  • Lot Features: Backs To Trees, Landscaping, No Thru Street, Partly Wooded, Secluded, Trees/Wooded
  • Lot Size Acres: 4.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 186611.00
  • Year Assessed: 2020
  • Zoning: RA

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2141781
  • Tax Annual Amount: 54813.00
  • Assessor Parcel Number: 14-01601-00002 05
  • Tax Lot: 00002 05
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/02/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Nov 19, 2021
Sold by
Almstead Neil and Almstead Zheng Yang
Bought by
Li
Seller's Agent
Amy Worthington
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Denise Shaughnessy
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,225,000
Sold Price
$2,900,000
Premium/Discount to List
-$325,000
-10.08%
Current Estimated Value
$3,544,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,663
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Mehrberg Randall E and Schara Michele M
Bought by
Almstead Neil and Almstead Zheng Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,921,875
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2008
Source: Public Records

Range of Values:

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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
Li $2,900,000 First American Title
Almstead Neil $2,562,500 North American Title Agency
-- $2,925,000 --
Mehrberg Randall E $1,925,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Almstead Neil Gregory $1,467,500
Previous Owner Almstead Neil $1,921,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $2,900,000 -2.5% --
10/04/2021 10/04/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $2,975,000 -7.8% --
05/18/2021 05/18/21 For Sale $3,225,000 +11.2% --
03/02/2021 03/02/21 Off Market $2,900,000 -- --
01/15/2021 01/15/21 For Sale $3,225,000 -- --
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
2025 $57,321 $2,115,000 $742,800 $1,372,200
2024 $59,019 $2,152,500 $780,300 $1,372,200
2023 $59,019 $2,347,600 $830,300 $1,517,300
2022 $57,094 $2,347,600 $830,300 $1,517,300
2021 $55,243 $2,265,000 $892,800 $1,372,200
2020 $54,813 $2,265,000 $892,800 $1,372,200
2019 $58,989 $2,486,900 $892,800 $1,594,100
2018 $57,815 $2,479,200 $892,800 $1,586,400
2017 $57,022 $2,479,200 $892,800 $1,586,400
2016 $56,129 $2,479,200 $892,800 $1,586,400
2015 $54,840 $2,479,200 $892,800 $1,586,400
2014 $54,171 $2,479,200 $892,800 $1,586,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME306788

Bright MLS

APN: 14-01601-0000-00002-05