$949,000
SOLD AUG 26, 2019

348 Mount Lucas Rd Princeton, NJ 08540

4 Beds
3 Baths
3,969 Sq Ft
3.21 Acres

Recently Sold

$239 Per Sq Ft

14% Below List Price

Highlights

  • 3.21 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Littlebrook Elementary School Rated A+
  • Backs to Trees or Woods
  • 2 Fireplaces

About This Home

As of August 2019

$25,000 credit to buyer at closing for acceptable offer!! Located in Princeton's Littlebrook school district and at the end of a long driveway awaits this fabulous property situated on a rare 3.2acres of private grounds. This two-story colonial with gracious size rooms greets you at the stone covered front porch, which opens into a wide two-story entrance foyer. A front to back living room with a fireplace has been smartly combined with the dining room at the opposite end where formal dining and relaxing afterwards in front of the fireplace can take place all in the same room. An updated, eat-in kitchen offers a center island with a butcher block top and vegetable sink that is surrounded by stainless steel appliances, white cabinets, granite counters and a huge picture window overlooking the yard at the farm sink with two large skylights above and a side door to the outside making this a sunny kitchen. The breakfast area has room for any size table and behind the louver doors are the washer and dryer. Just off the kitchen is a sunken family room with a second fireplace that has cozy feel with floor-to-ceiling book cases on one wall and built-ins with glass front cabinets to house collectables on either side of the fireplace, glass French doors open to a gorgeous screened porch with pretty lawn and wooded views complete with a ceiling fan to keep the summer breeze moving. A study with hardwood floors (could serve as a 5th bedroom) is just off the family room with French doors that opens to a side patio. Just off the foyer is a full bathroom that would service the use of the study as a 5th bedroom. Upstairs is a grand master suite with vaulted ceiling, dual walk-in closets with windows, an updated master bath with skylight, soaking tub, shower and fantastic views of the grounds that will delight you with the change of seasons. Three more bedrooms and a hall bath are on the opposite side of the home. A three-car detached garage is oversized for car enthusiasts and a side door leads up to a fabulous studio space with a vaulted ceiling that is perfect for artists, writers, yogis, in-home office use, gym or hobbyists. The room is well lit with a full wall of windows and a built in desk area with plenty of room for fun and games! Minutes to town, schools, shopping, theater, the University and more, once a former schoolhouse with expansive renovation and additions this is clearly a special place to call home. Seller will pay NJ Mansion Tax for acceptable offer.

Last Agent to Sell the Property

Heidi Hartmann

(609) 658-3771 heidihartmannhomes@gmail.com Coldwell Banker Residential Brokerage - Princeton Listed on: 04/09/2019

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Janet Stefandl

(201) 805-7402 janet.stefandl@gmail.com Compass New Jersey, LLC - Princeton License #RS337881

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,302

Year Built

  • Built in 1992

Lot Details

  • 3.21 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned RB

Parking

  • 3 Car Detached Garage
  • 6 Open Parking Spaces
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,969 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Office or Studio
  • Partial Basement
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Littlebrook Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 14-04201-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,302

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, dryer and refrigerator.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-09
  • Year Built: 1992
  • Year Renovated: 1992
  • Remarks Public: $25,000 credit to buyer at closing for acceptable offer!! Located in Princeton's Littlebrook school district and at the end of a long driveway awaits this fabulous property situated on a rare 3.2acres of private grounds. This two-story colonial with gracious size rooms greets you at the stone covered front porch, which opens into a wide two-story entrance foyer. A front to back living room with a fireplace has been smartly combined with the dining room at the opposite end where formal dining and relaxing afterwards in front of the fireplace can take place all in the same room. An updated, eat-in kitchen offers a center island with a butcher block top and vegetable sink that is surrounded by stainless steel appliances, white cabinets, granite counters and a huge picture window overlooking the yard at the farm sink with two large skylights above and a side door to the outside making this a sunny kitchen. The breakfast area has room for any size table and behind the louver doors are the washer and dryer. Just off the kitchen is a sunken family room with a second fireplace that has cozy feel with floor-to-ceiling book cases on one wall and built-ins with glass front cabinets to house collectables on either side of the fireplace, glass French doors open to a gorgeous screened porch with pretty lawn and wooded views complete with a ceiling fan to keep the summer breeze moving. A study with hardwood floors (could serve as a 5th bedroom) is just off the family room with French doors that opens to a side patio. Just off the foyer is a full bathroom that would service the use of the study as a 5th bedroom. Upstairs is a grand master suite with vaulted ceiling, dual walk-in closets with windows, an updated master bath with skylight, soaking tub, shower and fantastic views of the grounds that will delight you with the change of seasons. Three more bedrooms and a hall bath are on the opposite side of the home. A three-car detached garage is oversized for car enthusiasts and a side door leads up to a fabulous studio space with a vaulted ceiling that is perfect for artists, writers, yogis, in-home office use, gym or hobbyists. The room is well lit with a full wall of windows and a built in desk area with plenty of room for fun and games! Minutes to town, schools, shopping, theater, the University and more, once a former schoolhouse with expansive renovation and additions this is clearly a special place to call home. Seller will pay NJ Mansion Tax for acceptable offer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Office
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 3969
  • Living Area Sq Ft: 3969
  • Price Per Sq Ft: 239.10
  • Above Grade Finished Sq Ft: 3969
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 348

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio
  • Construction Materials: Frame
  • Roof: Asphalt
  • 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: 6
  • Parking Features: Circular Driveway
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 402200.00
  • Land Assessed Value: 468400.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 3.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 139828.00
  • Year Assessed: 2018
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142473
  • Tax Annual Amount: 20302.00
  • Assessor Parcel Number: 14-04201-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 3969
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/26/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Sep 11, 2019
Sold by
Pletcher Jonathan and Pletcher Brooke
Bought by
Ishikawa Eric and Ishikawa Heather Renee
Seller's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Janet Stefandl
Compass New Jersey, LLC - Princeton
List Price
$1,100,000
Sold Price
$949,000
Premium/Discount to List
-$151,000
-13.73%
Current Estimated Value
$1,717,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$768,950
Avg. Annual Appreciation
10.08%
Original Mortgage
$759,200
Outstanding Balance
$667,794
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,034,147

Purchase Details

Listed on
Jun 1, 2015
Closed on
Aug 11, 2015
Sold by
English James F and Reeves Eileen A
Bought by
Pletcher Jonath and Pletcher Brooke
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,050,000
Sold Price
$999,000
Premium/Discount to List
-$51,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$566,100
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Dann Philip
Bought by
English James and Reeves Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 11, 1999
Sold by
Kohns Lee
Bought by
Dann Philip and Giroux Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.9%
Source: Public Records

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
Deed $949,000 Tohickon Settlement Svcs Inc
Bargain Sale Deed $999,000 Chicago Title Co Llc
Deed $837,500 --
Deed $520,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $759,200 New Conventional
Previous Owner $566,100 Purchase Money Mortgage
Previous Owner $410,000 New Conventional
Previous Owner $450,000 No Value Available
Previous Owner $415,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $949,000 0.0% $239 / Sq Ft
07/15/2019 07/15/19 Price Changed $949,000 -5.0% $239 / Sq Ft
05/10/2019 05/10/19 Price Changed $999,000 -9.2% $252 / Sq Ft
04/09/2019 04/09/19 For Sale $1,100,000 +10.1% $277 / Sq Ft
08/12/2015 08/12/15 Sold $999,000 -4.9% --
07/29/2015 07/29/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $1,050,000 -- --
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
2025 $23,235 $872,500 $468,400 $404,100
2024 $21,935 $872,500 $468,400 $404,100
2023 $21,935 $872,500 $468,400 $404,100
2022 $21,219 $872,500 $468,400 $404,100
2021 $21,280 $872,500 $468,400 $404,100
2020 $21,115 $872,500 $468,400 $404,100
2019 $20,651 $870,600 $468,400 $402,200
2018 $20,302 $870,600 $468,400 $402,200
2017 $20,024 $870,600 $468,400 $402,200
2016 $19,710 $870,600 $468,400 $402,200
2015 $19,258 $870,600 $468,400 $402,200
2014 $19,023 $870,600 $468,400 $402,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME276008

Bright MLS

APN: 14-04201-0000-00018