$1,175,000
SOLD MAR 18, 2015

275 Mount Lucas Rd Princeton, NJ 08540

4 Beds
3.5 Baths
2,800 Sq Ft
2015 Built

Recently Sold

$420 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • No HOA
  • Community Park Elementary School Rated A+
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of March 2015

The only newly constructed home in Princeton under $1.2 million! Walking distance to the Princeton Charter School and to the Princeton Shopping Center (Aka 2nd downtown of Princeton) which offers gourmet food stores, medical offices, shopping and restaurants ? all situated in a park-like location. Built by the highly acclaimed Heritage Home Builders, LLC., specializing in luxury construction, having built over 40 homes in Princeton. The two-story foyer invites you into this sunlit 4BR, 3.5BA, 2-car garage and fully finished basement which features the 5th bedroom and a rough-in for a full bath. Dining room with a coffered ceiling. Cozy living room with French doors may double as an office or study. Gourmet eat-in kitchen with center island features 42-inch cabinets, granite counters, travertine back-splash and a Jenn-Air appliance package. Adjacent is the spacious family room with coffered ceiling and a fireplace, built-in surround sound system and a sliding door to the private, fenced-in back yard. For daily convenience, nestled by the entrance to the garage is the mud room which includes a coat closet & cabinets for extra storage space. Adjoining are the Laundry room (granite countertop with sink) and powder room. The upstairs offers the master bedroom with sitting area, two over-sized closets and a luxurious, spa-like marble bathroom with Whirlpool and raised cabinets. Situated on the 2nd floor are 3 more bedrooms and 2 full baths. The finished basement is fully wired for a media room including built-in surround sound system and offers the 5th bedroom with window and optional full bath. Pella Windows. Hardwood floors throughout. Crown-molding throughout. Enhanced millwork. Expansive wainscoting. Hardiplank siding. Energy efficient, two-zone HVAC.

Last Agent to Sell the Property

Anna Shulkina

RE/MAX of Princeton Listed on: 01/13/2015

RE/MAX of Princeton

Last Buyer's Agent

Randy Snyder

Compass New Jersey, LLC - Princeton License #570687

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,856

Year Built

  • Built in 2015 | Newly Remodeled

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by HERITAGE HOME

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,856

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2015
  • Remarks Public: The only newly constructed home in Princeton under $1.2 million! Walking distance to the Princeton Charter School and to the Princeton Shopping Center (Aka 2nd downtown of Princeton) which offers gourmet food stores, medical offices, shopping and restaurants ? all situated in a park-like location. Built by the highly acclaimed Heritage Home Builders, LLC., specializing in luxury construction, having built over 40 homes in Princeton. The two-story foyer invites you into this sunlit 4BR, 3.5BA, 2-car garage and fully finished basement which features the 5th bedroom and a rough-in for a full bath. Dining room with a coffered ceiling. Cozy living room with French doors may double as an office or study. Gourmet eat-in kitchen with center island features 42-inch cabinets, granite counters, travertine back-splash and a Jenn-Air appliance package. Adjacent is the spacious family room with coffered ceiling and a fireplace, built-in surround sound system and a sliding door to the private, fenced-in back yard. For daily convenience, nestled by the entrance to the garage is the mud room which includes a coat closet & cabinets for extra storage space. Adjoining are the Laundry room (granite countertop with sink) and powder room. The upstairs offers the master bedroom with sitting area, two over-sized closets and a luxurious, spa-like marble bathroom with Whirlpool and raised cabinets. Situated on the 2nd floor are 3 more bedrooms and 2 full baths. The finished basement is fully wired for a media room including built-in surround sound system and offers the 5th bedroom with window and optional full bath. Pella Windows. Hardwood floors throughout. Crown-molding throughout. Enhanced millwork. Expansive wainscoting. Hardiplank siding. Energy efficient, two-zone HVAC.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Net Sq Ft: 2800.00
  • Price Per Sq Ft: 435.36
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 275

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: Yes
  • 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
  • Total Garage And Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Units: Square Feet

Building Info

  • Builder Name: HERITAGE HOME

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2143060
  • Tax Year: 2014
  • Close Date: 03/18/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Mar 18, 2015
Sold by
39 Random Llc
Bought by
Xu Bin and Fang Qinghua
Seller's Agent
Anna Shulkina
RE/MAX of Princeton
Buyer's Agent
Randy Snyder
Compass New Jersey, LLC - Princeton
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%
Total Days on Market
44
Current Estimated Value
$1,544,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,288
Avg. Annual Appreciation
2.70%
Original Mortgage
$79,500
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2013
Closed on
Aug 2, 2013
Sold by
Sisson Samira
Bought by
39 Random Llc
Seller's Agent
Margaret Hill
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ron Connor
Brookside Realtors
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.99%
Original Mortgage
$628,750
Interest Rate
4.42%
Mortgage Type
Construction
Source: Public Records

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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 Type Sale Price Title Company
Deed $1,175,000 Empire Title & Abstract Agen
Bargain Sale Deed $405,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $640,000 New Conventional
Closed $79,500 New Conventional
Previous Owner $628,750 Construction
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
Previous Owner $69,612 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $1,175,000 -3.6% $420 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/11/2015 02/11/15 Price Changed $1,219,000 +1.7% $435 / Sq Ft
01/13/2015 01/13/15 For Sale $1,199,000 +196.0% $428 / Sq Ft
08/05/2013 08/05/13 Sold $405,000 -3.6% --
07/08/2013 07/08/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $420,000 -- --
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
2024 $24,856 $988,700 $335,000 $653,700
2023 $24,856 $988,700 $335,000 $653,700
2022 $24,045 $988,700 $335,000 $653,700
2021 $24,114 $988,700 $335,000 $653,700
2020 $23,927 $988,700 $335,000 $653,700
2019 $23,452 $988,700 $335,000 $653,700
2018 $23,056 $988,700 $335,000 $653,700
2017 $22,740 $988,700 $335,000 $653,700
2016 $22,690 $1,002,200 $320,000 $682,200
2015 $22,169 $820,000 $320,000 $500,000
2014 $6,992 $320,000 $320,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002518760

Bright MLS

APN: 14-05408-0000-00017