NOT LISTED FOR SALE

3 Palmer Square W Unit D Princeton, NJ 08542

Estimated Value: $846,970 - $884,000

2 Beds
1 Bath
-- Sq Ft
$517/mo HOA Fee

Last Sold June 04, 2021

Last sale price $687,500

Est. 25% increase in value since last sale

Current estimated payment $6,371/month

6 Days on Market

Highlights

  • Marble Flooring
  • Traditional Architecture
  • Upgraded Countertops
  • Community Park Elementary School Rated A+
  • Terrace
  • Breakfast Area or Nook

About This Home

As of June 2021

Palmer Square is where everyone wants to be, especially now that the sidewalks, shops and cafes are buzzing once again with joyful energy. This renovated 2-bedroom unit has several noteworthy attributes that elevate it beyond the typical offering. First and foremost, space is key and having an extra bedroom is what makes this unit a real home, rather than just a pied-a-terre. Whether it’s for sleeping or working, a view of the courtyard fountain sets just the right calming tone. The main bedroom has 2 closets and overlooks Nassau Street and campus beyond. The bathroom in between is refreshed with marble tile and sparkling white fixtures. The kitchen is also completely new with Brookvaven cabinetry, generously sized Fisher-Paykel appliances and, best of all, a clever combo washer/dryer - no trips to the basement! The fireplace is the focal point of the large living room, although more views of campus are stiff competition. All windows are new and fitted with custom wood-slat blinds. Perfection!

Last Listed By

David Schure

Callaway Henderson Sotheby's Int'l-Princeton License #8840761 Listed on: 05/22/2021

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,473

Year Built

  • Built in 1932

Lot Details

  • Downtown Location
  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • Property has 4 Levels
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Terrace
  • Outdoor Storage

Schools

  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00003 04
  • Assessor Parcel Number 14-00020 08-00003 04-C3D

Community Details

Overview

  • Association fees include exterior building maintenance, heat, trash
  • Low-Rise Condominium
  • Palmer Square Subdivision
  • Property Manager

Security

  • Fire Escape

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,473

Year Built

Built in 1932

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Exclusions: Personal property of sellers.
  • Home Warranty: No
  • Inclusions: All Major Appliances. Window air conditioners.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: Palmer Square is where everyone wants to be, especially now that the sidewalks, shops and cafes are buzzing once again with joyful energy. This renovated 2-bedroom unit has several noteworthy attributes that elevate it beyond the typical offering. First and foremost, space is key and having an extra bedroom is what makes this unit a real home, rather than just a pied-a-terre. Whether it’s for sleeping or working, a view of the courtyard fountain sets just the right calming tone. The main bedroom has 2 closets and overlooks Nassau Street and campus beyond. The bathroom in between is refreshed with marble tile and sparkling white fixtures. The kitchen is also completely new with Brookvaven cabinetry, generously sized Fisher-Paykel appliances and, best of all, a clever combo washer/dryer - no trips to the basement! The fireplace is the focal point of the large living room, although more views of campus are stiff competition. All windows are new and fitted with custom wood-slat blinds. Perfection!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Intercom, Stainless Steel Appliances, Washer - Front Loading
  • Entry Floor: 3
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Kitchen - Galley, Tub Shower, Upgraded Countertops, Wood Floors
  • Window Features: Double Hung, Double Pane, Energy Efficient, Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Room Count: 4
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Exterior Features: Fire Escape, Secure Storage, Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Type: Radiator
  • Heating: Yes
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 517.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Heat, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 120400.00
  • Land Assessed Value: 395000.00
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Terrace
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: CBCP

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2139013
  • Tax Annual Amount: 12473.00
  • Assessor Parcel Number: 14-00020 08-00003 04-C3D
  • Tax Lot: 00003 04
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/04/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 4, 2021
Sold by
Karatzas Ioannis and Karatzas Eleni
Bought by
Polymathes Capital Llc
Seller's Agent
David Schure
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Perri Wachter
Marlkress Realty Inc
List Price
$725,000
Sold Price
$687,500
Premium/Discount to List
-$37,500
-5.17%
Total Days on Market
6
Current Estimated Value
$861,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,743

Purchase Details

Listed on
May 26, 2012
Closed on
Sep 21, 2012
Sold by
Leslie Anne-Marie
Bought by
Karatzas Ioannis and Karatzas Eleni
Seller's Agent
DIANA GARRETT
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
David Schure
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Cruz Leslie
Bought by
Leslie Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
5.98%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Manabe Syukuro
Bought by
Cruz Leslie

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
Polymathes Capital Llc $687,500 Brennan Title Abstract
Karatzas Ioannis $580,000 None Available
Leslie Anne Marie $392,000 --
Cruz Leslie $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leslie Anne Marie $294,000
Previous Owner Leslie Anne Marie $313,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $687,500 0.0% --
05/28/2021 05/28/21 Pending -- -- --
05/28/2021 05/28/21 Off Market $687,500 -- --
05/22/2021 05/22/21 For Sale $725,000 +25.0% --
09/28/2012 09/28/12 Sold $580,000 -7.2% --
09/27/2012 09/27/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $625,000 -- --
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 $12,957 $515,400 $395,000 $120,400
2023 $12,957 $515,400 $395,000 $120,400
2022 $12,535 $515,400 $395,000 $120,400
2021 $12,571 $515,400 $395,000 $120,400
2020 $12,473 $515,400 $395,000 $120,400
2019 $12,225 $515,400 $395,000 $120,400
2018 $12,019 $515,400 $395,000 $120,400
2017 $11,854 $515,400 $395,000 $120,400
2016 $11,669 $515,400 $395,000 $120,400
2015 $11,401 $515,400 $395,000 $120,400
2014 $11,261 $515,400 $395,000 $120,400
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJME312992

Bright MLS

APN: 14 00020- 08-00003- 04-C3D