Seller's Agent in 2020
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
(609) 947-5757
80 in this area
132 Total Sales
40 Mercer St Princeton, NJ 08540
Estimated Value: $1,761,231 - $2,101,000
3
Beds
6
Baths
--
Sq Ft
$17/mo
HOA Fee
Highlights
- Eat-In Gourmet Kitchen
- Open Floorplan
- Wood Flooring
- Community Park Elementary School Rated A+
- Colonial Architecture
- Loft
About This Home
As of March 2020Newly renovated with flawless finishes and flow, this Federal-Style/Greek Revival ensures that modern life is a perfect fit. On a prominent, stroll-to-town corner, this Mercer Hill beauty retains its 1825 charm: lofty ceilings, hardwoods, extraordinary millwork, and 4 restored wood-burning fireplaces. Modern details bring this entertainer's paradise right into today: CAT6 cable for high speed internet, air conditioning, an automatic gas generator and more. Adorned with a pair of marble fireplaces, the living and dining rooms lead right into a previously renovated kitchen, featuring a honed granite island, skylit breakfast nook, and an added pantry. A sheltered back terrace and a slate patio set in manicured gardens create an outdoor haven that belies the nearby bustle of town. There's so much flexibility in the 2nd floor's new master bedroom and bath, which now overlook the garden, a fireside, front-of-house room ready to be a bedroom, sitting room, or library, and a top floor suite, loft, and full bath. Redone walk-out lower level, 2-bay garage. Some photos are virtually staged.
Last Agent to Sell the Property
(609) 947-5757 mmills@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 10/22/2019
Last Buyer's Agent
(609) 731-4498 rfroehlich@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9913882
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $19,761
Year Built
- Built in 1825 | Remodeled in 2019
Lot Details
- 5,942 Sq Ft Lot
- Lot Dimensions are 30.00 x 198.00
- Extensive Hardscape
- Historic Home
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Crown Molding
- Recessed Lighting
- 4 Fireplaces
- Wood Burning Fireplace
- Marble Fireplace
- Fireplace Mantel
- Entrance Foyer
- Family Room
- Sitting Room
- Living Room
- Formal Dining Room
- Library
- Loft
- Bonus Room
- Utility Room
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Room
- Gas Oven or Range
- Built-In Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Cedar Closet
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Partially Finished Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
- Basement with some natural light
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Schools
- Johnson Park Elementary School
- John Witherspoon Middle School
- Princeton High School
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating
- Radiator
- Back Up Electric Heat Pump System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 14-00041 01-00011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
Mar 18, 2020
Sold by
Schweizer Edward and Clary Cathryn M
Bought by
Eady Thomas G and Eady Angela R
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Robin Froehlich
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,744
Avg. Annual Appreciation
9.18%
Original Mortgage
$960,000
Outstanding Balance
$841,947
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,102,797
Purchase Details
Listed on
Sep 25, 2017
Closed on
Jan 19, 2018
Sold by
Kisilwicz Robert J and Kisilwicz Heather A
Bought by
Schweizer Edward and Clary Cathryn M
Seller's Agent
Madolyn Greve
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Madolyn Greve
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,400,000
Sold Price
$1,260,000
Premium/Discount to List
-$140,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.28%
Original Mortgage
$900,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2004
Sold by
Budig Gene
Bought by
Kisilywicz Robert and Kisilywicz Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
5.67%
Purchase Details
Closed on
Jul 25, 1994
Sold by
Lechner Thomas F
Bought by
Budig Gene A and Van Bloom Gretchen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
8.4%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eady Thomas G | $1,200,000 | Empire Ttl & Abstract Agcy I | |
| Schweizer Edward | $1,260,000 | None Available | |
| Kisilywicz Robert | $996,000 | -- | |
| Budig Gene A | $620,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eady Thomas G | $960,000 | |
| Previous Owner | Schweizer Edward | $900,000 | |
| Previous Owner | Kisilywicz Robert | $796,000 | |
| Previous Owner | Budig Gene A | $496,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $1,200,000 | -14.0% | -- | |
| 01/19/2020 01/19/20 | Price Changed | $1,395,000 | -10.0% | -- | |
| 11/11/2019 11/11/19 | Price Changed | $1,550,000 | -2.8% | -- | |
| 10/22/2019 10/22/19 | For Sale | $1,595,000 | +26.6% | -- | |
| 02/15/2018 02/15/18 | Sold | $1,260,000 | -10.0% | -- | View Prior Sale |
| 11/09/2017 11/09/17 | Pending | -- | -- | -- | |
| 09/25/2017 09/25/17 | For Sale | $1,400,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $27,605 | $1,036,600 | $528,000 | $508,600 |
| 2024 | $26,060 | $1,036,600 | $528,000 | $508,600 |
| 2023 | $26,060 | $1,036,600 | $528,000 | $508,600 |
| 2022 | $25,210 | $1,036,600 | $528,000 | $508,600 |
| 2021 | $25,283 | $1,036,600 | $528,000 | $508,600 |
| 2020 | $25,086 | $1,036,600 | $528,000 | $508,600 |
| 2019 | $19,761 | $833,100 | $463,000 | $370,100 |
| 2018 | $19,428 | $833,100 | $463,000 | $370,100 |
| 2017 | $19,161 | $833,100 | $463,000 | $370,100 |
| 2016 | $18,861 | $833,100 | $463,000 | $370,100 |
| 2015 | $18,428 | $833,100 | $463,000 | $370,100 |
| 2014 | $18,203 | $833,100 | $463,000 | $370,100 |
Source: Public Records
Agents Affiliated with this Home
-
Maura Mills
-
Robin Froehlich
Buyer's Agent in 2020
Robin Froehlich
Callaway Henderson Sotheby's Int'l-Princeton
(609) 731-4498
18 in this area
30 Total Sales
-
Madolyn Greve
Seller's Agent in 2018
Madolyn Greve
Callaway Henderson Sotheby's Int'l-Princeton
(609) 462-2505
9 in this area
26 Total Sales
Map
Source: Bright MLS
MLS Number: NJME287462
APN: 14-00041-01-00011
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