NOT LISTED FOR SALE

317 Mount Lucas Rd Princeton, NJ 08540

Estimated Value: $929,000 - $1,362,957

3 Beds
2.5 Baths
3,742 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $900,000 $241 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,309/month

14 Days on Market

Highlights

  • 1.13 Acre Lot
  • Pond
  • Bonus Room
  • Littlebrook Elementary School Rated A+
  • Rambler Architecture
  • Sun or Florida Room

About This Home

As of March 2024

Located on 1.13 acres in Princeton, this ranch-style home offers so many possibilities. Whether you refurbish the existing home or develop the property to a single-family and an ADU the next owner has ample opportunity to maximize the lot and the location. In the ranch-style home, the entry vestibule leads into the formal living room, at the front of the home. Double doors lead into the dining room and beyond that an oversized sun room that provides expansive views of the property. There is a family room for more living space with built-in bookshelves on either side of the fireplace. There are three bedrooms, the main bedroom has its own private bath and walk-in closet. The other two bedrooms share the hall bath. What makes this property unique is the added private space to the side of the main home. Accessed by a side door, the entry foyer is a good size and is home to a half bath. Possible uses include an attached rental and or professional use. Down the hall lies several rooms and two offices, dramatically increasing the floor plan of this property. Close to Schools, Shopping Center, and Medical offices as well as downtown, this one-of-a-kind property comes along very rarely.

Last Agent to Sell the Property

Josh Wilton

Queenston Realty, LLC License #AB068719 Listed on: 01/12/2024

Co-Listed By

Ingela Kostenbader

Queenston Realty, LLC License #344850

Last Buyer's Agent

James Joslin

Queenston Realty, LLC License #2191929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,462

Year Built

  • Built in 1960

Lot Details

  • 1.13 Acre Lot
  • Corner Lot
  • Level Lot
  • Back Yard
  • Property is zoned R-2

Home Design

  • Rambler Architecture

Interior Spaces

  • 3,742 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Outdoor Features

  • Pond

Schools

  • Princeton Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 14-05501-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,462

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Located on 1.13 acres in Princeton, this ranch-style home offers so many possibilities. Whether you refurbish the existing home or develop the property to a single-family and an ADU the next owner has ample opportunity to maximize the lot and the location. In the ranch-style home, the entry vestibule leads into the formal living room, at the front of the home. Double doors lead into the dining room and beyond that an oversized sun room that provides expansive views of the property. There is a family room for more living space with built-in bookshelves on either side of the fireplace. There are three bedrooms, the main bedroom has its own private bath and walk-in closet. The other two bedrooms share the hall bath. What makes this property unique is the added private space to the side of the main home. Accessed by a side door, the entry foyer is a good size and is home to a half bath. Possible uses include an attached rental and or professional use. Down the hall lies several rooms and two offices, dramatically increasing the floor plan of this property. Close to Schools, Shopping Center, and Medical offices as well as downtown, this one-of-a-kind property comes along very rarely.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Sun/Florida Room, Office, Bonus Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3742
  • Living Area Sq Ft: 3742
  • Price Per Sq Ft: 253.87
  • Above Grade Finished Sq Ft: 3742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 317

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: PRINCETON
  • 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: PRINCETON

Lot Info

  • Lot Features: Corner, Level, Pond, Rear Yard
  • Lot Size Acres: 1.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49223.00
  • Year Assessed: 2022
  • Zoning: R-2

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15462.00
  • Assessor Parcel Number: 14-05501-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 3742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/11/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 5, 2024
Sold by
Fehmi Jeffrey S and Fehmi Laura L
Bought by
Wang Shaoying and Zhang Rongrong
Seller's Agent
Josh Wilton
Queenston Realty, LLC
Buyer's Agent
James Joslin
Queenston Realty, LLC
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Total Days on Market
14
Views
98
Current Estimated Value
$1,069,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,989
Avg. Annual Appreciation
14.59%
Original Mortgage
$645,000
Outstanding Balance
$637,374
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$432,615

Purchase Details

Closed on
Jan 22, 2003
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 Buyer Sale Price Title Company
Wang Shaoying $900,000 Title Authority
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Shaoying $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $900,000 -5.3% $241 / Sq Ft
01/12/2024 01/12/24 For Sale $950,000 -- $254 / 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 $15,984 $635,800 $338,000 $297,800
2023 $15,984 $635,800 $338,000 $297,800
2022 $15,463 $635,800 $338,000 $297,800
2021 $15,507 $635,800 $338,000 $297,800
2020 $15,136 $635,800 $338,000 $297,800
2019 $15,081 $635,800 $338,000 $297,800
2018 $14,827 $635,800 $338,000 $297,800
2017 $14,623 $635,800 $338,000 $297,800
2016 $14,395 $635,800 $338,000 $297,800
2015 $13,814 $635,800 $338,000 $297,800
2014 $13,642 $635,800 $338,000 $297,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2038612

Bright MLS

APN: 14-05501-0000-00005