NOT LISTED FOR SALE

40 Pheasant Hill Rd Princeton, NJ 08540

Estimated Value: $1,774,898 - $2,803,000

5 Beds
4.5 Baths
3,854 Sq Ft
$581/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $1,350,000 $350 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $14,665/month

64 Days on Market

Highlights

  • 2.55 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Johnson Park School Rated A+
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of March 2018

A marvelously-appointed home in a lovely Princeton neighborhood echoes the glamour of yesteryear while still providing many of today's modern comforts. Adorned with wide board floors, a sophisticated, curved staircase in the entrance hall, the choice of two main level bedroom suites and a spacious sun room, this home has much to offer. Elegant features interplay with creature comforts producing a space that is equally suited for entertaining or enjoying quiet time. Both the living and dining rooms look out onto treed grounds with the dining room opening directly into the sun room and the living room with sliders to the terrace. The kitchen has been updated with granite counters and stainless steel ovens. Four full bathrooms and a powder room service this home along with five bedrooms on two levels. A wood-paneled den with fireplace is perfect for television and media. Set back from the road with picturesque vistas, this home will not disappoint. Only 2 owners since 1968.

Last Agent to Sell the Property

BARBARA ROSE

(609) 921-1050 brose@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton Listed on: 02/12/2017

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Denise Shaughnessy

(609) 575-2524 dshaughnessy@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #231557

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,030

Year Built

  • Built in 1968

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 143x396x360x450
  • Northwest Facing Home
  • Level Lot
  • Wooded Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,854 Sq Ft Home
  • Property has 1.5 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Patio
  • Porch

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 14-03301-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,030

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator.
  • New Construction: No
  • Year Built: 1968
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Den, Bedroom 1, Sun/Florida Room, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3854
  • Living Area Sq Ft: 3854
  • Net Sq Ft: 3854.00
  • Price Per Sq Ft: 387.91
  • Above Grade Finished Sq Ft: 3854
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Brick
  • Access To Pool: No
  • Roof: Shingle
  • 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: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 778000.00
  • Land Assessed Value: 875500.00
  • Lot Features: Level, Sloping, Trees/Wooded, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.55
  • Lot Dimensions: 143X396X360X450
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 111078.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142230
  • Tax Annual Amount: 38030.00
  • Assessor Parcel Number: 14-03301-00003
  • Tax Lot: 00003
  • Tax Year: 2017

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2017
Closed on
Mar 19, 2018
Sold by
Hack Mary and Baldwin Dorothy T
Bought by
Pessutti Paul and Pessutti Terri
Seller's Agent
BARBARA ROSE
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Denise Shaughnessy
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Current Estimated Value
$2,239,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,475
Avg. Annual Appreciation
6.78%
Original Mortgage
$685,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2016
Sold by
B Baldwin Jr Robert H and Hoffmann John B
Bought by
Baldwin Dorthy T

Purchase Details

Closed on
Dec 1, 1997
Sold by
Bales Jean
Bought by
Baldwin Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pessutti Paul $1,350,000 None Available
Baldwin Dorthy T -- None Available
Baldwin Robert $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pessutti Paul $685,000
Previous Owner Baldwin Robert $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $1,350,000 -9.7% $350 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $1,495,000 -- $388 / 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 $34,619 $1,300,000 $850,500 $449,500
2024 $32,682 $1,300,000 $850,500 $449,500
2023 $32,682 $1,300,000 $850,500 $449,500
2022 $31,616 $1,300,000 $850,500 $449,500
2021 $31,707 $1,300,000 $850,500 $449,500
2020 $31,460 $1,300,000 $850,500 $449,500
2019 $30,836 $1,300,000 $850,500 $449,500
2018 $38,560 $1,653,500 $875,500 $778,000
2017 $38,031 $1,653,500 $875,500 $778,000
2016 $37,435 $1,653,500 $875,500 $778,000
2015 $36,575 $1,653,500 $875,500 $778,000
2014 $36,129 $1,653,500 $875,500 $778,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000450999

Bright MLS

APN: 14-03301-0000-00003