NOT LISTED FOR SALE

405 Basin St Princeton, NJ 08540

Estimated Value: $1,121,000 - $1,443,000

4 Beds
2.5 Baths
2,398 Sq Ft
$556/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $900,000 $375 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,779/month

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Riverside Elementary School Rated A
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of December 2020

ABSOLUTELY UNIQUE OPPORTUNITY! INCREDIBLE PRICE REDUCTION OF OVER $320,000! PRIME LOCATION!! Just blocks from the heart of charming DOWNTOWN PRINCETON and Princeton University. Historic landmarks, refined culture, upscale shopping and four-star restaurants await. LEAVE YOUR CAR AT HOME AND STROLL to the DINKY TRAIN STATION which connects to Princeton Junction train Station, A COMMUTER'S DREAM! A few minutes walk to McCather's Theater, downtown Princeton and Princeton University Campus, Route 1, I-95, Princeton Junction Train Station and Penn Medicine Hospital. Award Winning Princeton School System! Just down the street from the D&R Canal Park ! This impeccable NEW CONSTRUCTION offers 4 bedrooms and 2.5 bathrooms, 1 car garage and plenty of parking space, FULL FINISHED WALK-OUT BASEMENT offers lots of possibilities as media room, home office or create a separate LIVING AREA with outside entrance. The sunlit porch invites you in and opens up to modern floor plan. The living room with custom fireplace leads into the gourmet eat-in kitchen with top of the line appliances and with access to the deck. Adjacent family room overlooks the FENCED BACKYARD and provides a great space for relaxation or outdoor activities . The powder room completes the main level. The upstairs offers a master suite with two closets and a bathroom with marble tile-work and modern fixtures. Three additional bedrooms, full bath and laundry room complete the upper level. DON'T MISS THIS OPPORTUNITY AS THERE ARE ONLY TWO HOMES TO BE BUILT IN THIS LOCATION.

Last Agent to Sell the Property

Anna Shulkina

(609) 903-0621 ashulkina@yahoo.com RE/MAX of Princeton Listed on: 02/18/2020

RE/MAX of Princeton

Last Buyer's Agent

Anna Shulkina

annashulkina@remax.net RE/MAX of Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R9

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-11503-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,896

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: ABSOLUTELY UNIQUE OPPORTUNITY! INCREDIBLE PRICE REDUCTION OF OVER $320,000! PRIME LOCATION!! Just blocks from the heart of charming DOWNTOWN PRINCETON and Princeton University. Historic landmarks, refined culture, upscale shopping and four-star restaurants await. LEAVE YOUR CAR AT HOME AND STROLL to the DINKY TRAIN STATION which connects to Princeton Junction train Station, A COMMUTER'S DREAM! A few minutes walk to McCather's Theater, downtown Princeton and Princeton University Campus, Route 1, I-95, Princeton Junction Train Station and Penn Medicine Hospital. Award Winning Princeton School System! Just down the street from the D&R Canal Park ! This impeccable NEW CONSTRUCTION offers 4 bedrooms and 2.5 bathrooms, 1 car garage and plenty of parking space, FULL FINISHED WALK-OUT BASEMENT offers lots of possibilities as media room, home office or create a separate LIVING AREA with outside entrance. The sunlit porch invites you in and opens up to modern floor plan. The living room with custom fireplace leads into the gourmet eat-in kitchen with top of the line appliances and with access to the deck. Adjacent family room overlooks the FENCED BACKYARD and provides a great space for relaxation or outdoor activities . The powder room completes the main level. The upstairs offers a master suite with two closets and a bathroom with marble tile-work and modern fixtures. Three additional bedrooms, full bath and laundry room complete the upper level. DON'T MISS THIS OPPORTUNITY AS THERE ARE ONLY TWO HOMES TO BE BUILT IN THIS LOCATION.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Single, Refrigerator
  • Flooring Type: Hardwood
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3298
  • Living Area Sq Ft: 2398
  • Price Per Sq Ft: 387.82
  • Above Grade Finished Sq Ft: 2398
  • Above Grade Unfinished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: J WITHERSPOON
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE
  • High School: PRINCETON H.S.
  • Middle Or Junior School: J WITHERSPOON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 161000.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Year Assessed: 2020
  • Zoning: R9

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2146777
  • Tax Annual Amount: 3896.00
  • Assessor Parcel Number: 14-11503-00001
  • Tax Lot: 00001
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/29/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Dec 24, 2020
Sold by
Basin Street Llc
Bought by
Kannakar Amitabha and Das Suparna
Seller's Agent
Anna Shulkina
RE/MAX of Princeton
Buyer's Agent
Anna Shulkina
RE/MAX of Princeton
List Price
$1,249,000
Sold Price
$900,000
Premium/Discount to List
-$349,000
-27.94%
Current Estimated Value
$1,333,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,646
Avg. Annual Appreciation
8.59%
Original Mortgage
$720,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Basin Street Llc
Bought by
Basin Street Llc
Source: Public Records

Range of Values:

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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
Kannakar Amitabha $900,000 Foundation Title
Amitabha Kannakar $900,000 Foundation Title
Basin Street Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amitabha Kannakar $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $900,000 -3.2% $375 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $929,999 -7.0% $388 / Sq Ft
09/23/2020 09/23/20 Price Changed $999,999 -4.7% $417 / Sq Ft
02/18/2020 02/18/20 Price Changed $1,049,000 -16.0% $437 / Sq Ft
02/18/2020 02/18/20 For Sale $1,249,000 -- $521 / 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 $20,156 $756,900 $236,000 $520,900
2024 $19,028 $756,900 $236,000 $520,900
2023 $19,028 $756,900 $236,000 $520,900
2022 $18,408 $756,900 $236,000 $520,900
2021 $18,461 $756,900 $236,000 $520,900
2020 $3,896 $161,000 $161,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME291960

Bright MLS

APN: 14-11503-0000-00001-01