NOT LISTED FOR SALE

27 Grasmere Way Princeton, NJ 08540

Princeton West Neighborhood

Estimated Value: $2,363,541 - $2,564,000

6 Beds
5.5 Baths
5,000 Sq Ft
$495/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $1,695,000 $339 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $16,909/month

193 Days on Market

Highlights

  • Gourmet Kitchen
  • Curved or Spiral Staircase
  • Main Floor Bedroom
  • Johnson Park School Rated A+
  • Manor Architecture
  • Garden View

About This Home

As of November 2020

A circular drive lined by Belgian block leads to a gently curved paving stone walkway. Meticulously manicured landscaping adorns the front courtyard, providing the perfect transition from the chaos of the outside world to the serenity and intimacy of home. A turreted dormer provides three angles from which the sun can light the dramatic chandelier, dripping in crystals, that graces the two-story foyer. A handsome library features custom cherry bookcases for the bibliophile and architectural cherry wainscoting, lending the room a feeling of both importance and permanence. The formal living room and dining room access the solarium through transomed French doors. The kitchen, taking inspiration from French country design, is elegant simplicity at its finest, right down to the gorgeous LaCanche 6 burner gas range. The family room is at once impressive and cozy, with a vaulted ceiling, gas fireplace, custom built-ins and French doors leading to the terrace. Upstairs, the master suite, blissfully bright, has a vaulted ceiling with double aerial fans, windows for days and two double closets plus a walk-in closet. A second en suite bedroom and two additional bedrooms sharing a Jack-and-Jill bath round out the second level. A large portion of the full walk-out basement is finished, providing an additional family room, den, kitchenette and full bath. Perfect for multi-generational families. The three-car garage accommodates six cars, with a car lift in each bay.

Last Listed By

Alison Covello

BHHS Fox & Roach - Princeton Listed on: 02/21/2020

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,840

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 10 Open Parking Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Garden
  • Courtyard

Home Design

  • Manor Architecture
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Breakfast Room
  • Butlers Pantry
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • In-Law or Guest Suite

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry

Home Security

  • Motion Detectors
  • Monitored
  • Fire Sprinkler System

Utilities

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

Community Details

  • Pond View Subdivision

Listing and Financial Details

  • Tax Lot 00005 12
  • Assessor Parcel Number 14-03501-00005 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,840

Year Built

Built in 2000

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Manor
  • Ownership: Fee Simple
  • Exclusions: listing agent will detail
  • Historic: No
  • Inclusions: listing agent will detail
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Curved Staircase, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Primary Bath(s), Pantry, Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Den, Foyer, Breakfast Room, Bedroom 1, Study, Sun/Florida Room, Great Room, In-Law/AuPair/Suite, Laundry, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Interior Access, Outside Entrance
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 360.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Roof: Architectural Shingle
  • Spa: No
  • View: Courtyard, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 10
  • Garage Features: Garage - Side Entry, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Monitored, Motion Detectors
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Lot Size Acres: 0.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26136.00
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

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

Tax Info

  • Tax Annual Amount: 32840.00
  • Assessor Parcel Number: 14-03501-00005 12
  • Tax Lot: 00005 12
  • Tax Year: 2019
  • Close Date: 11/19/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Nov 18, 2020
Sold by
Mockoviak Robert J and Mockoviak Sandra H
Bought by
Fortunato Stephen J and Fortunato Helen B
Seller's Agent
Alison Covello
BHHS Fox & Roach - Princeton
Buyer's Agent
Alison Covello
BHHS Fox & Roach - Princeton
List Price
$1,899,000
Sold Price
$1,695,000
Premium/Discount to List
-$204,000
-10.74%
Total Days on Market
193
Current Estimated Value
$2,472,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$777,847
Avg. Annual Appreciation
8.71%
Original Mortgage
$200,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2003
Sold by
Michael Geoffrey
Bought by
Mockoviak Robert and Mockoviak Sandra

Purchase Details

Closed on
Nov 16, 2000
Sold by
Pond View Assoc
Bought by
Michael Geoffrey and Michael Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.76%

Range of Values:

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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
Fortunato Stephen J $1,695 Empire Title
Mockoviak Robert $1,600,000 --
Michael Geoffrey $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortunato Stephen J $200,000
Closed Fortunato Stephen J $200,000
Previous Owner Michael Geoffrey $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $1,695,000 -5.8% $339 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $1,800,000 -5.2% $360 / Sq Ft
06/24/2020 06/24/20 Price Changed $1,899,000 0.0% $380 / Sq Ft
06/24/2020 06/24/20 For Sale $1,899,000 +12.0% $380 / Sq Ft
02/26/2020 02/26/20 Off Market $1,695,000 -- --
02/21/2020 02/21/20 For Sale $1,995,000 -- $399 / 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 $34,806 $1,384,500 $560,000 $824,500
2023 $34,806 $1,384,500 $560,000 $824,500
2022 $33,671 $1,384,500 $560,000 $824,500
2021 $33,768 $1,384,500 $560,000 $824,500
2020 $33,505 $1,384,500 $560,000 $824,500
2019 $32,840 $1,384,500 $560,000 $824,500
2018 $32,287 $1,384,500 $560,000 $824,500
2017 $31,844 $1,384,500 $560,000 $824,500
2016 $31,345 $1,384,500 $560,000 $824,500
2015 $30,625 $1,384,500 $560,000 $824,500
2014 $30,251 $1,384,500 $560,000 $824,500
Source: Public Records

Agents Affiliated with this Home

  • Alison Covello

    Seller's Agent in 2020

    Alison Covello

    BHHS Fox & Roach

    (609) 240-8332

    3 in this area

    53 Total Sales

    Alison Covello
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME292198

Bright MLS

APN: 14-03501-0000-00005-12

New Jersey Mercer County Princeton 08540 Princeton West

27 Grasmere Way, Princeton, NJ

Homes for Sale in Princeton, NJ

This home is located at 27 Grasmere Way, Princeton, NJ 08540 since 21 February 2020 and is currently estimated at $2,472,847, approximately $494 per square foot. This property was built in 2000. 27 Grasmere Way is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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