NOT LISTED FOR SALE

40 Millbrook Dr Princeton Junction, NJ 08550

Estimated Value: $1,584,381 - $1,989,000

5 Beds
4.5 Baths
6,043 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $1,080,000 $179 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,360/month

Highlights

  • 0.83 Acre Lot
  • Dual Staircase
  • 1 Fireplace
  • Village Elementary School Rated A
  • Colonial Architecture
  • No HOA

About This Home

As of October 2021

Located in the coveted Millbrook section of Princeton Junction, this house offers what most people are vying for! The home boasts a main floor office and conservatory; as well as, 5 large Bedrooms and 3 Bathrooms on the 2nd floor. (The 5th bedroom connects to the dressing room of the primary suite with access to closets. It is currently set up as an exercise room and would be great as a 2nd office or nursery.) You will say WOW! THIS IS GREAT! Open flow from the kitchen to the breakfast room on to the family room. Egronomous, I made this word up to attempt to describe the over-sized covered deck! When you see this deck I'd be interested to learn what word you think best describes it! Truly impressive. While outside please notice the private basketball / badminton court. The Primary Bedroom is large with a huge closet and a separate dressing room/sitting room. The fully finished basement is the full footprint of the home with sewing room, full bath, pool table area, bar, and space for games of any kind. Premier Blue Ribbon Schools, easy commute to NYC, Philadelphia and the shore. No kidding, call your agent to make an appointment NOW! You'll be glad you did!

Last Agent to Sell the Property

Blanche Paul

(908) 963-6084 blanche.paul@foxroach.com BHHS Fox & Roach - Princeton License #9701093 Listed on: 08/20/2021

BHHS Fox & Roach - Princeton

Co-Listed By

George Gati

(609) 716-1941 george.gati@foxroach.com Realty of Princeton

Last Buyer's Agent

Phoenix Chiang

(908) 208-3798 phoenix0108@gmail.com Keller Williams Elite Realtors

Keller Williams Elite Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,424

Year Built

  • Built in 1993

Lot Details

  • 0.83 Acre Lot
  • Level Lot
  • Property is zoned R-2

Parking

  • 3 Car Attached Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Dual Staircase
  • 1 Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Toll Brothers
  • Millbrook Subdivision, Philmont Floorplan

Listing and Financial Details

  • Tax Lot 00040
  • Assessor Parcel Number 13-00027 03-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,424

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining Room chandelier
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-08-20
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Additional Stairway, Breakfast Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Total Sq Ft: 6043
  • Living Area Sq Ft: 6043
  • Price Per Sq Ft: 223.21
  • Above Grade Finished Sq Ft: 4368
  • Below Grade Finished Sq Ft: 1675
  • Total Below Grade Sq Ft: 1675
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WEST WINDSOR-PLAINSBORO REGIONAL
  • School District Key: 300200396174
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.83
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36233.00
  • Year Assessed: 2020
  • Zoning: R-2

Building Info

  • Builder Name: Toll Brothers

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 25424.00
  • Assessor Parcel Number: 13-00027 03-00040
  • Tax Lot: 00040
  • Tax Total Finished Sq Ft: 4368
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/18/2021

MLS Schools

  • School District Name: WEST WINDSOR-PLAINSBORO REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 12, 2021
Sold by
Lai Henry and Lai Carol
Bought by
Xiang Wei and Zhang Lu
Seller's Agent
Blanche Paul
BHHS Fox & Roach - Princeton
Buyer's Agent
Phoenix Chiang
Keller Williams Elite Realtors
List Price
$975,000
Sold Price
$1,080,000
Premium/Discount to List
$105,000
10.77%
Current Estimated Value
$1,712,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,595
Avg. Annual Appreciation
9.97%
Original Mortgage
$864,000
Outstanding Balance
$790,489
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$779,858

Purchase Details

Closed on
Sep 1, 1994
Sold by
Schwerdtman Michael
Bought by
Lai Henry and Lai Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.54%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Torneta Eunice and Torneta Elizabeth
Bought by
Schwerdtman Michael H and Schwerdtman Margaret

Purchase Details

Closed on
Feb 18, 1993
Sold by
Windsor Development Corp
Bought by
Tornetta Eunice
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 Buyer Sale Price Title Company
Xiang Wei $1,080,000 Wfg National Title Ins Co
Lai Henry $460,000 --
Schwerdtman Michael H $460,000 --
Tornetta Eunice $433,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiang Wei $864,000
Previous Owner Lai Henry $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,080,000 +10.8% $179 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $975,000 -- $161 / 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
2025 $27,790 $906,700 $271,400 $665,300
2024 $26,630 $906,700 $271,400 $665,300
2023 $26,630 $906,700 $271,400 $635,300
2022 $26,113 $906,700 $271,400 $635,300
2021 $25,895 $906,700 $271,400 $635,300
2020 $25,424 $906,700 $271,400 $635,300
2019 $25,134 $906,700 $271,400 $635,300
2018 $24,898 $906,700 $271,400 $635,300
2017 $24,381 $906,700 $271,400 $635,300
2016 $23,855 $906,700 $271,400 $635,300
2015 $23,302 $906,700 $271,400 $635,300
2014 $23,030 $906,700 $271,400 $635,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2003366

Bright MLS

APN: 13-00027-03-00040