$877,500
SOLD MAY 9, 2017

38 Governors Ln Unit 38 Princeton, NJ 08540

3 Beds
3.5 Baths
2,607 Sq Ft
$825/mo HOA Fee

Recently Sold

$337 Per Sq Ft

2% Below List Price

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Attic
  • Littlebrook Elementary School Rated A+
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of July 2022

Look Beyond the Ordinary and enjoy the sophisticated architecture of this luxurious Governors Lane end unit townhome; elegantly updated and just moments away from downtown Princeton and the University. Style, Quality, and Value are what you will find as you enter the Center hall entry, and immediately be impressed with the formal living room drenched in natural light and wood burning fireplace, and with the formal dining room that is spacious and designed for lavish entertaining. The home is fitted with mahogany wood floors. A gracious and rare feature to this home is the glass conservatory adjoining the formal dining room. The eat-in kitchen features cherry cabinetry and granite counter tops. The second level features a spacious master suite, a dressing area, ample closets and renovated master bath. On the second level is a handsomely fitted mahogany study, with built-ins, and a wood burning fireplace. The third level features two well-sized bedrooms with large closets and a full bath. The finished basement is the perfect game room with loads of space as well as a large storage area. The private courtyard with a handsome brick patio is outlined with plantings and a perfect place to enjoy peaceful relaxation.

Last Agent to Sell the Property

John Terebey

(609) 921-2200 john@sellingnj.com BHHS Fox & Roach - Princeton License #8538664 Listed on: 02/16/2017

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Yi Shen

(201) 993-4917 hocream@gmail.com Queenston Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,287

Year Built

  • Built in 1993

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,607 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Community Details

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, all ground fee, management
  • $6,000 Other One-Time Fees
  • Governors Lane Subdivision

Listing and Financial Details

  • Tax Lot 00014 38
  • Assessor Parcel Number 14-05601-00014 38

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,287

Year Built

Built in 1993

Lot Details

0

HOA Fees

$825 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Washer, Dryer
  • New Construction: No
  • Year Built: 1993
  • Remarks Public: Look Beyond the Ordinary and enjoy the sophisticated architecture of this luxurious Governors Lane end unit townhome; elegantly updated and just moments away from downtown Princeton and the University. Style, Quality, and Value are what you will find as you enter the Center hall entry, and immediately be impressed with the formal living room drenched in natural light and wood burning fireplace, and with the formal dining room that is spacious and designed for lavish entertaining. The home is fitted with mahogany wood floors. A gracious and rare feature to this home is the glass conservatory adjoining the formal dining room. The eat-in kitchen features cherry cabinetry and granite counter tops. The second level features a spacious master suite, a dressing area, ample closets and renovated master bath. On the second level is a handsomely fitted mahogany study, with built-ins, and a wood burning fireplace. The third level features two well-sized bedrooms with large closets and a full bath. The finished basement is the perfect game room with loads of space as well as a large storage area. The private courtyard with a handsome brick patio is outlined with plantings and a perfect place to enjoy peaceful relaxation.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Self Cleaning, Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Ceiling Fan(s), Central Vacuum, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2607
  • Living Area Sq Ft: 2607
  • Net Sq Ft: 2607.00
  • Price Per Sq Ft: 344.46
  • Above Grade Finished Sq Ft: 2607
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Brick
  • Access To Pool: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 825.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, All Ground Fee, Management
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 6000.00
  • Other Fees Frequency: One Time

Schools

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

Lot Info

  • Improvement Assessed Value: 400200.00
  • Land Assessed Value: 275000.00
  • Lot Features: Level
  • Lot Size Acres: 0.30
  • Lot Dimensions: 1
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: OR2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2143213
  • Tax Annual Amount: 15287.00
  • Assessor Parcel Number: 14-05601-00014 38
  • Tax Lot: 00014 38
  • Tax Year: 2016
  • Close Date: 05/09/2017

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jul 5, 2022
Sold by
Fangfei Ding
Bought by
Naqi Hasnain
Seller's Agent
Yi Shen
Queenston Realty, LLC
Buyer's Agent
Amjad Thariani
Century 21 Abrams & Associates, Inc.
List Price
$1,039,000
Sold Price
$999,999
Premium/Discount to List
-$39,001
-3.75%
Current Estimated Value
$1,321,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,405
Avg. Annual Appreciation
9.01%
Original Mortgage
$799,999
Outstanding Balance
$762,023
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$559,381

Purchase Details

Listed on
Feb 16, 2017
Closed on
May 2, 2017
Sold by
Shriver Peter H
Bought by
Ding Fang Fei
Seller's Agent
John Terebey
BHHS Fox & Roach - Princeton
Buyer's Agent
Yi Shen
Queenston Realty, LLC
List Price
$898,000
Sold Price
$877,500
Premium/Discount to List
-$20,500
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jun 21, 2013
Sold by
Lipnick Stephen D and Lipnick Wendee L
Bought by
Shriver Peter H
Seller's Agent
CANDICE WALSH
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
John Terebey
BHHS Fox & Roach - Princeton
List Price
$779,000
Sold Price
$769,500
Premium/Discount to List
-$9,500
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$360,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Plumley Benedict T
Bought by
Lipnick Stephen D and Lipnick Wendee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,920
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Cecila Rosenblum Tr
Bought by
Plumley Benedict T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1993
Sold by
Governors Lae Asso
Bought by
Rosenblum Cecilia
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 $9,999 Malden Stacey Van
Deed $9,999 Malden Stacey Van
Bargain Sale Deed $877,500 Builders Title Agency Inc
Deed $769,500 Westcor Land Title Ins Co
Deed $752,400 Chicago Title Insurance Co
Deed $835,000 --
Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,999 New Conventional
Closed $799,999 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $601,920 New Conventional
Previous Owner $668,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $999,999 0.0% $384 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/04/2022 05/04/22 Price Changed $999,900 -3.8% $384 / Sq Ft
02/11/2022 02/11/22 For Sale $1,039,000 0.0% $399 / Sq Ft
09/07/2021 09/07/21 Rented $5,500 +10.0% --
08/22/2021 08/22/21 Under Contract -- -- --
08/15/2021 08/15/21 For Rent $5,000 +4.2% --
01/06/2020 01/06/20 Rented $4,800 0.0% --
12/17/2019 12/17/19 For Rent $4,800 0.0% --
05/09/2017 05/09/17 Sold $877,500 -2.3% $337 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $898,000 +16.7% $344 / Sq Ft
07/03/2013 07/03/13 Sold $769,500 -1.2% $251 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $779,000 0.0% $254 / Sq Ft
06/01/2012 06/01/12 Rented $5,500 0.0% --
05/21/2012 05/21/12 Under Contract -- -- --
05/07/2012 05/07/12 For Rent $5,500 -- --
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 $18,308 $687,500 $275,000 $412,500
2024 $17,284 $687,500 $275,000 $412,500
2023 $17,284 $687,500 $275,000 $412,500
2022 $16,511 $678,900 $275,000 $403,900
2021 $16,558 $678,900 $275,000 $403,900
2020 $16,429 $678,900 $275,000 $403,900
2019 $16,104 $678,900 $275,000 $403,900
2018 $15,832 $678,900 $275,000 $403,900
2017 $15,530 $675,200 $275,000 $400,200
2016 $15,287 $675,200 $275,000 $400,200
2015 $14,935 $675,200 $275,000 $400,200
2014 $15,299 $700,200 $300,000 $400,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000038474

Bright MLS

APN: 14-05601-0000-00014-38