NOT LISTED FOR SALE

25 Palmer Square W Unit B Princeton, NJ 08542

Estimated Value: $646,000

1 Bed
1 Bath
635 Sq Ft
$388/mo HOA Fee

Last Sold June 18, 2021

Last sale price $440,000 $693 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,784/month

6 Days on Market

Highlights

  • Living Room
  • Community Storage Space
  • Radiator
  • Community Park Elementary School Rated A+

About This Home

As of June 2021

Exit outside your secure building and leisurely stroll around the quaint town of Princeton or walk across the street to Princeton University. This spacious light filled unit has an updated eat in kitchen with plenty of cabinet storage. Wrapped in hard wood floors, relax in the cozy living room where you will find a classic brick wood burning fireplace plus built in book shelves. Spread out with guests on the hidden rooftop deck equipped with tables and chairs with a lovely fountain to enjoy. Extra storage space included for your unit in the basement which also includes brand new washer and dryers. Across the way is the beautiful park adjacent to The Nassau Inn and is used for many events through out the year.

Last Listed By

Claudia Ryan

Corcoran Sawyer Smith Listed on: 05/07/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,409

Year Built

  • Built in 1932

Lot Details

  • 218

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 635 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00025 02
  • Assessor Parcel Number 14-00020 07-00025 02-C25B

Community Details

Overview

  • $775 Capital Contribution Fee
  • Association fees include all ground fee, common area maintenance, trash, sewer, water
  • Low-Rise Condominium
  • Palmer Square Management Condos, Phone Number (609) 921-2333
  • Palmer Square Subdivision

Amenities

  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,409

Year Built

Built in 1932

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-08
  • Year Built: 1932
  • Automatically Close On Close Date: Yes
  • Remarks Public: Exit outside your secure building and leisurely stroll around the quaint town of Princeton or walk across the street to Princeton University. This spacious light filled unit has an updated eat in kitchen with plenty of cabinet storage. Wrapped in hard wood floors, relax in the cozy living room where you will find a classic brick wood burning fireplace plus built in book shelves. Spread out with guests on the hidden rooftop deck equipped with tables and chairs with a lovely fountain to enjoy. Extra storage space included for your unit in the basement which also includes brand new washer and dryers. Across the way is the beautiful park adjacent to The Nassau Inn and is used for many events through out the year.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Total Sq Ft: 635
  • Living Area Sq Ft: 635
  • Price Per Sq Ft: 708.66
  • Above Grade Finished Sq Ft: 635
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 387.62
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Palmer Square Management
  • Condo Co-Op Phone: 609 921-2333
  • HOA Condo Co-Op Amenities: Common Grounds, Storage Bin
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Trash, Sewer, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 775.24

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115200.00
  • Land Assessed Value: 273600.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: CBCP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138978
  • Tax Annual Amount: 9409.00
  • Assessor Parcel Number: 14-00020 07-00025 02-C25B
  • Tax Lot: 00025 02
  • Tax Total Finished Sq Ft: 635
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 15, 2021
Sold by
Evans Frank and Evans Janis
Bought by
Karimanal Sridhar and Padmanabhan Rekha
Seller's Agent
Claudia Ryan
Corcoran Sawyer Smith
Buyer's Agent
Claudia Ryan
Corcoran Sawyer Smith
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
6
Current Estimated Value
$646,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,000

Purchase Details

Closed on
Aug 13, 2004
Sold by
Ahn Mark
Bought by
Evans Frank and Evans Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.71%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Nini Camille
Bought by
Ahn Mark and Ahn Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.61%

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
Karimanal Sridhar $440,000 Vital Abstract Llc
Evans Frank $297,500 --
Ahn Mark $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Frank $238,000
Previous Owner Ahn Mark $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $440,000 -2.2% $693 / Sq Ft
06/15/2021 06/15/21 Price Changed $450,000 0.0% $709 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $450,000 -- $709 / 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
2024 $9,774 $388,800 $273,600 $115,200
2023 $9,774 $388,800 $273,600 $115,200
2022 $9,456 $388,800 $273,600 $115,200
2021 $9,483 $388,800 $273,600 $115,200
2020 $9,409 $388,800 $273,600 $115,200
2019 $9,222 $388,800 $273,600 $115,200
2018 $9,067 $388,800 $273,600 $115,200
2017 $8,942 $388,800 $273,600 $115,200
2016 $8,802 $388,800 $273,600 $115,200
2015 $8,600 $388,800 $273,600 $115,200
2014 $8,495 $388,800 $273,600 $115,200
Source: Public Records

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Source: Bright MLS

MLS Number: NJME311912

Bright MLS

APN: 14-00020-07-00025-02-C25B