NOT LISTED FOR SALE

405 Sayre Dr Princeton, NJ 08540

Estimated Value: $503,000 - $707,000

2 Beds
2.5 Baths
1,650 Sq Ft
3,049 Sq Ft Lot

Last Sold December 28, 2023

Last sale price $590,000 $358 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,269/month

42 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Wood Flooring
  • Town Center Elementary School Rated A
  • Property is near public transit
  • Formal Dining Room

About This Home

As of December 2023

FACING NORTH! Contemporary 2BR, 2.5BA, 2-car garage and full finished basement end unit McCarter model. Bright 2-story foyer with skylight invites you in and opens up to the flowing floorplan. Euro-style eat-in kitchen features elegant, glass front, light cabinetry and shelving, stainless steel appliances, Miele dishwasher and Jenn-Air range, SubZero fridge, vaulted ceiling, palladium window and cozy breakfast space. Adjacent dining room with tons of natural light is perfect for entertaining. Inviting living room offers a sleek fireplace with a custom mantle. The powder room completes the main level. The upper level offers a huge suite with a renovated bathroom as well as the luxurious master suite which offers a dressing area, ample closet space, and a lavish bath with jetted tub, double vanity and stylish fixtures. Hardwood flooring throughout with carpeting over the hardwood in the master. Professionally finished basement with recessed lighting offers room for entertainment. NEW FURNACE INSTALLED! Purchase a lifestyle! This desirable and park-like Princeton Landing community features a Princeton mailing address. Minutes to Downtown Princeton, RT 1, I-95, PR JCT Train, Princeton Hospital. Award-winning WW-P Schools. Historic Smith House where community events are held; 2 pools; tennis courts; trail to Princeton, Carnegie lake and to the Princeton Forrestal Village which features upscale restaurants, boutiques as well as a nearby luxury gym with indoor pools, fitness classes and spa.

Last Agent to Sell the Property

Anna Shulkina

RE/MAX OF PRINCETON Listed on: 10/17/2023

RE/MAX OF PRINCETON

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,483

Year Built

  • Built in 1988

Lot Details

  • 3,049

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Finished Basement
  • Recreation or Family Area in Basement
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Spa

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities-some, snow removal, trash
  • Princeton Landing Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $426

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,483

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Princeton Landing
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Pantry, Separate Dining Area
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator, See Remarks, Washer
  • Has Basement: Finished, Recreation Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Bath Half, Living Room, Dining Room, Family Room, 2 Bedrooms, Bath Full, Bath Main, None
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Amenities-Some, Snow Removal, Trash

Multi Family

  • Maintenance Expense: 426

Tax Info

  • Tax Annual Amount: 10483
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 14, 2023
Sold by
Yu Honghai and Yu Fei
Bought by
Chopade Praveen Gajanan and Patil Swati Shankarrao
Seller's Agent
Anna Shulkina
RE/MAX OF PRINCETON
List Price
$590,000
Sold Price
$590,000
Views
13
Current Estimated Value
$612,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,479
Avg. Annual Appreciation
0.15%
Original Mortgage
$472,000
Outstanding Balance
$465,738
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$125,719

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 5, 2021
Sold by
Molina Liliya and Mercer Stephen E
Bought by
Yu Honghai and Ye Fei
Seller's Agent
Anna Shulkina
RE/MAX OF PRINCETON
List Price
$472,000
Sold Price
$472,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 20, 2019
Sold by
Mucelli Marc and Mucelli Marcia
Bought by
Mercer Stephen E and Molina Liliya
Seller's Agent
Anna Shulkina
RE/MAX of Princeton
Buyer's Agent
Maria DePasquale
Corcoran Sawyer Smith
List Price
$437,000
Sold Price
$437,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$437,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 7, 2009
Sold by
Caramalis Nicholas and Simon Lea B
Bought by
Mucelli Marc and Mucelli Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Shikhare Satish
Bought by
Caramalis Nicholas and Simon Lea B

Purchase Details

Closed on
Aug 30, 2002
Sold by
Looeffler Robert
Bought by
Shikhare Satish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
6.18%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Rosner Frieda
Bought by
Loeffler Robert and Loeffler Ulla
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
Chopade Praveen Gajanan $590,000 First American Title Insurance
Yu Honghai $472,000 Vested Title
Mercer Stephen E $437,000 Infinity Title Agency
Mucelli Marc $400,000 Fidelity Natl Title Ins Co
Caramalis Nicholas $400,000 --
Shikhare Satish $333,000 --
Loeffler Robert $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopade Praveen Gajanan $472,000
Previous Owner Mercer Stephen E $437,000
Previous Owner Mucelli Marica $231,000
Previous Owner Mucelli Marc $240,000
Previous Owner Shikhare Satish $283,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $590,000 0.0% $358 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $590,000 +25.0% $358 / Sq Ft
05/10/2021 05/10/21 Sold $472,000 0.0% $286 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $472,000 +8.0% $286 / Sq Ft
05/10/2019 05/10/19 Sold $437,000 0.0% $264 / Sq Ft
03/08/2019 03/08/19 For Sale $437,000 -- $264 / Sq Ft
Source: All Jersey 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
2024 $10,646 $417,500 $125,000 $292,500
2023 $10,646 $417,500 $125,000 $292,500
2022 $10,483 $417,500 $125,000 $292,500
2021 $9,309 $401,300 $125,000 $276,300
2020 $9,520 $398,000 $125,000 $273,000
2019 $9,309 $398,000 $125,000 $273,000
2018 $9,102 $398,000 $125,000 $273,000
2017 $8,844 $398,000 $125,000 $273,000
2016 $8,454 $398,000 $125,000 $273,000
2015 $9,197 $364,400 $140,000 $224,400
2014 $9,106 $364,400 $140,000 $224,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2404000R

All Jersey MLS

APN: 18-00401-0000-00405