$1,125,000
SOLD JUN 14, 2013

27 Southern Way Princeton, NJ 08540

3 Beds
3.5 Baths
2,546 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$442 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Riverside Elementary School Rated A
  • Attic
  • 3 Car Direct Access Garage

About This Home

As of December 2020

In a quiet pocket of Princeton just a short distance from the University and the varied offerings of Nassau Street, this exceptional house is ideal for in-town living. Hidden behind the compact exterior is a spacious, flowing layout, a prefect example of less-is-more. Built in the 1950's and completely redone in '04-'05, it includes three charming barrel vaulted bedrooms with en suite marble bathrooms, an alcove bed, custom-built storage and shelving, and an airy kitchen with granite counters, high-end fixtures, top-of-the-line appliances, and a pantry closet. Exquisite Brazilian cherry flooring adds warmth throughout and brings everything together, from the cheerful living room, dining room, and powder room to the sun-splashed sunken den. French doors open onto an inviting stone patio and private landscaped yard with built-in sprinklers. Surround-sound system, whole-house water filtration, fresh paint inside and out...Enjoy low-maintenance, high-reward living - right in the heart of Princeton!

Last Agent to Sell the Property

David Schure

Callaway Henderson Sotheby's Int'l-Princeton License #8840761

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Alison Covello

BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,074

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • Northwest Facing Home
  • Level Lot
  • Sprinkler System
  • Property is in good condition
  • Property is zoned R5

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Schools

  • Riverside Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Treatment System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-08702-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,074

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Curtains In Living Room & Dining Room.
  • Inclusions: All Appliances.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1953
  • Remarks Public: In a quiet pocket of Princeton just a short distance from the University and the varied offerings of Nassau Street, this exceptional house is ideal for in-town living. Hidden behind the compact exterior is a spacious, flowing layout, a prefect example of less-is-more. Built in the 1950's and completely redone in '04-'05, it includes three charming barrel vaulted bedrooms with en suite marble bathrooms, an alcove bed, custom-built storage and shelving, and an airy kitchen with granite counters, high-end fixtures, top-of-the-line appliances, and a pantry closet. Exquisite Brazilian cherry flooring adds warmth throughout and brings everything together, from the cheerful living room, dining room, and powder room to the sun-splashed sunken den. French doors open onto an inviting stone patio and private landscaped yard with built-in sprinklers. Surround-sound system, whole-house water filtration, fresh paint inside and out...Enjoy low-maintenance, high-reward living - right in the heart of Princeton!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Dishwasher
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Sprinkler System, Water Treat System, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Upper Floor
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Street Lights, Lawn Sprinkler
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Total Garage And Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 506700.00
  • Land Assessed Value: 426000.00
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145636
  • Tax Annual Amount: 19074.00
  • Assessor Parcel Number: 14-08702-00008
  • Tax Lot: 00008
  • Tax Year: 2012
  • Close Date: 06/14/2013

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Dec 18, 2020
Sold by
Martell Jeffrey and Martell Vanessa
Bought by
Gagnon Elizabeth and Phalnikar Rahul
Seller's Agent
Ellen Dynov-Dell'Alba
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$1,250,000
Sold Price
$1,220,000
Premium/Discount to List
-$30,000
-2.4%
Total Days on Market
41
Current Estimated Value
$1,769,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,691
Avg. Annual Appreciation
8.74%
Original Mortgage
$976,000
Outstanding Balance
$876,900
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$892,791

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 18, 2018
Sold by
Vietor Barbara
Bought by
Martell Jeffrey and Martell Vanessa
Seller's Agent
Robin Wallack
BHHS Fox & Roach - Princeton
Buyer's Agent
Nancy Goldfuss
BHHS Fox & Roach - Princeton
List Price
$1,199,000
Sold Price
$1,199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$899,250
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 23, 2013
Closed on
Jun 14, 2013
Sold by
Leyden Thomas and Leyden Constance
Bought by
Vietor Barbara
Seller's Agent
David Schure
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Alison Covello
BHHS Fox & Roach - Princeton
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$850,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Rea Peter Wilson and Rea Jacqueline Nash
Bought by
Leyden Thomas and Leyden Constance

Purchase Details

Closed on
Jul 3, 2007
Sold by
Reed Clark and Reed Whitney F
Bought by
Rea Jacqueline F and Rea Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.67%

Purchase Details

Closed on
Feb 23, 2004
Sold by
Woodward Olive
Bought by
Reed Clark

Map

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 Type Sale Price Title Company
Bargain Sale Deed $1,220,000 None Listed On Document
Bargain Sale Deed $1,199,000 None Available
Deed $1,125,000 First American Title Ins Co
Deed $950,000 Title Village Title Agency
Deed -- --
Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $976,000 New Conventional
Previous Owner $899,250 Adjustable Rate Mortgage/ARM
Previous Owner $810,000 No Value Available
Previous Owner $850,000 New Conventional
Previous Owner $135,000 Credit Line Revolving
Previous Owner $818,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,220,000 -1.2% $457 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $1,235,000 +99596674.2% $463 / Sq Ft
10/03/2020 10/03/20 Price Changed $1 -100.0% $0 / Sq Ft
09/09/2020 09/09/20 For Sale $1,250,000 +4.3% $468 / Sq Ft
06/01/2018 06/01/18 Sold $1,199,000 0.0% $471 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,199,000 +6.6% $471 / Sq Ft
06/14/2013 06/14/13 Sold $1,125,000 -2.2% $442 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $1,150,000 -- $452 / Sq Ft
Source: Bright MLS

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 $25,034 $1,004,400 $451,000 $553,400
2023 $25,034 $995,800 $451,000 $544,800
2022 $24,218 $995,800 $451,000 $544,800
2021 $24,288 $995,800 $451,000 $544,800
2020 $22,927 $947,400 $426,000 $521,400
2019 $22,472 $947,400 $426,000 $521,400
2018 $22,093 $947,400 $426,000 $521,400
2017 $21,790 $947,400 $426,000 $521,400
2016 $21,116 $932,700 $426,000 $506,700
2015 $20,631 $932,700 $426,000 $506,700
2014 $20,380 $932,700 $426,000 $506,700
Source: Public Records

Source: Bright MLS

MLS Number: 1003342956

Bright MLS

APN: 14-08702-0000-00008