NOT LISTED FOR SALE

403 Mount Lucas Rd Princeton, NJ 08540

Estimated Value: $919,000 - $1,191,000

3 Beds
1.5 Baths
-- Sq Ft
1.22 Acre Lot

Sale Details

Date Sold: April 17, 2018

Last sale price $615,000

Est. 66% increase in value since last sale

Current estimated payment $6,769 / mo

153 Days on Market

Highlights

  • 1.22 Acre Lot
  • Rambler Architecture
  • Attic
  • Littlebrook Elementary School Rated A+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of April 2018

Here's an opportunity to invest in Princeton with the advantage of a separate income producing apartment/cottage. This charming three-bedroom, 1.5 bath solidly-built stucco ranch offers lovely vintage details, updated kitchen cabinets and appliances and many other important improvements. Enter the ranch's recently painted interior to find hardwood flooring, a living room with fireplace and three bright bedrooms served by a large full bath with separate shower and tub. The property comes with a detached rental - a one-bedroom, one-bath cottage apartment ($1150 monthly) which can be the basis for financing expansion for the ranch or paying taxes or even reducing the mortgage more quickly. The cottage could also serve as guest quarters for extended family or a private home office or studio. The ranch and the cottage each have their own driveway and the lovely treed 1.2-acre lot has an expansive lawn for recreation. Enjoy a convenient location, just minutes to the Princeton Shopping Center, downtown and Princeton University.

Last Agent to Sell the Property

MARTHA JANE WEBER

(609) 921-1050 info@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9131444 Listed on: 09/27/2017

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Christine Alleyne

(609) 921-1900 jburke@weichertrealtors.net Weichert Realtors - Princeton License #1541286

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,885

Year Built

  • Built in 1949

Lot Details

  • 1.22 Acre Lot
  • Property is zoned R2

Home Design

  • Rambler Architecture
  • Bungalow
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

  • Littlebrook Elementary School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-04301-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,885

Year Built

Built in 1949

Lot Details

1.22 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Tenant's Possessions In Cottage
  • Inclusions: All Appliances And Light Fixtures, 3 Ac Units
  • New Construction: No
  • Year Built: 1949
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco, Block
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • 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

  • Elementary School: LITTLEBROOK
  • High School: PRINCETON

Lot Info

  • Improvement Assessed Value: 163200.00
  • Land Assessed Value: 397000.00
  • Lot Size Acres: 1.22
  • Lot Dimensions: 1.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53143.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142523
  • Tax Annual Amount: 12885.00
  • Assessor Parcel Number: 14-04301-00009
  • Tax Lot: 00009
  • Tax Year: 2017

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Apr 3, 2018
Sold by
Bought by
Seller's Agent
MARTHA JANE WEBER
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Christine Alleyne
Weichert Realtors - Princeton
List Price
$659,000
Sold Price
$615,000
Premium/Discount to List
-$44,000
-6.68%
Current Estimated Value
$1,022,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,997
Avg. Annual Appreciation
6.29%
Original Mortgage
$454,000
Interest Rate
0.0446%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2012
Closed on
Apr 19, 2013
Sold by
Bought by
Seller's Agent
Patrick Weaver
BHHS Fox & Roach-Princeton Junction
Buyer's Agent
Robin Wallack
BHHS Fox & Roach - Princeton
List Price
$530,000
Sold Price
$528,000
Premium/Discount to List
-$2,000
-0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 None Available
$528,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $454,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2018 04/17/18 Sold $615,000 -3.8% --
02/27/2018 02/27/18 Pending -- -- --
11/20/2017 11/20/17 Price Changed $639,000 -3.0% --
09/27/2017 09/27/17 For Sale $659,000 +24.8% --
04/29/2013 04/29/13 Sold $528,000 -0.4% -- View Prior Sale
04/21/2013 04/21/13 Price Changed $530,000 0.0% --
04/19/2013 04/19/13 Pending -- -- --
10/25/2012 10/25/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $530,000 +0.4% --
10/01/2012 10/01/12 Off Market $528,000 -- --
07/17/2012 07/17/12 Price Changed $530,000 -3.6% --
06/04/2012 06/04/12 Price Changed $550,000 -0.9% --
05/18/2012 05/18/12 Price Changed $555,000 -6.7% --
03/13/2012 03/13/12 For Sale $595,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,310 $560,200 $397,000 $163,200
2025 $15,310 $560,200 $397,000 $163,200
2024 $14,083 $560,200 $397,000 $163,200
2023 $14,083 $560,200 $397,000 $163,200
2022 $13,624 $560,200 $397,000 $163,200
2021 $13,663 $560,200 $397,000 $163,200
2020 $13,557 $560,200 $397,000 $163,200
2019 $13,288 $560,200 $397,000 $163,200
2018 $13,064 $560,200 $397,000 $163,200
2017 $12,885 $560,200 $397,000 $163,200
2016 $12,683 $560,200 $397,000 $163,200
2015 $12,392 $560,200 $397,000 $163,200
2014 $11,990 $560,200 $397,000 $163,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001252711

Bright MLS

APN: 14-04301-0000-00009

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