NOT LISTED FOR SALE

42 Elm Rd Princeton, NJ 08540

Estimated Value: $3,263,000 - $4,084,000

6 Beds
6.5 Baths
-- Sq Ft
1.24 Acres

Last Sold December 10, 2012

Last sale price $3,587,500

Est. 4% increase in value since last sale

Current estimated payment $25,599/month

219 Days on Market

Highlights

  • In Ground Pool
  • 1.24 Acre Lot
  • 2 Fireplaces
  • Johnson Park School Rated A+
  • Colonial Architecture
  • 4-minute walk to Marquand Park

About This Home

As of December 2012

Come see a masterful Georgian revival, perhaps Princeton Boro's most dramatic newly built home in years. Traditional elements summon a bygone era with the conveniences of modern construction. Through custom front doors, an elegant foyer reveals the impact of extraordinary detail; rough hewn wood floors and arched transoms adorn each room with genuine scale. Living & dining rooms, a study, the gourmet kitchen, a bedroom, a library and an incredible master suite are impeccably finished on the main floor. A laundry/mudroom and au-pair room meet the needs of today's busy lifestyle. Upstairs a 2nd master suite opens onto a limestone terrace. 3 more bedrooms each have a distinct feel. An upstairs study is great for games, and a walk up attic offers potential finished space or abundant storage. The attached garage is mirrored by another that is currently used as bonus space for any possible need; gym, yoga studio, art studio, etc. The rear yard has a perfect pool and pool house. All in the Western Section!

Last Agent to Sell the Property

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 05/02/2012

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Ted Skopas

Keller Williams Premier License #8742629

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,081

Year Built

  • Built in 2007

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 180x300
  • Property is zoned R1

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 4 Parking Spaces
  • Driveway

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 14-00009 01-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,081

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2007
  • Remarks Public: Come see a masterful Georgian revival, perhaps Princeton Boro's most dramatic newly built home in years. Traditional elements summon a bygone era with the conveniences of modern construction. Through custom front doors, an elegant foyer reveals the impact of extraordinary detail; rough hewn wood floors and arched transoms adorn each room with genuine scale. Living & dining rooms, a study, the gourmet kitchen, a bedroom, a library and an incredible master suite are impeccably finished on the main floor. A laundry/mudroom and au-pair room meet the needs of today's busy lifestyle. Upstairs a 2nd master suite opens onto a limestone terrace. 3 more bedrooms each have a distinct feel. An upstairs study is great for games, and a walk up attic offers potential finished space or abundant storage. The attached garage is mirrored by another that is currently used as bonus space for any possible need; gym, yoga studio, art studio, etc. The rear yard has a perfect pool and pool house. All in the Western Section!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 18
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Street Number Modifier: 42

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175

Lot Info

  • Improvement Assessed Value: 2188700.00
  • Land Assessed Value: 608000.00
  • Lot Size Acres: 1.24
  • Lot Dimensions: 180X300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54000.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138531
  • Tax Annual Amount: 57081.00
  • Assessor Parcel Number: 14-00009 01-00016
  • Tax Lot: 00016
  • Tax Year: 2011
  • Close Date: 12/10/2012

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Nov 30, 2012
Sold by
Theunissen Paul G and Theunissen Shideh
Bought by
Mehta Ketan and Mehta Smita
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ted Skopas
Keller Williams Premier
List Price
$3,975,000
Sold Price
$3,587,500
Premium/Discount to List
-$387,500
-9.75%
Total Days on Market
219
Current Estimated Value
$3,719,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,140
Avg. Annual Appreciation
0.32%
Original Mortgage
$2,334,500
Outstanding Balance
$1,583,726
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,150,413

Purchase Details

Closed on
Mar 15, 2006
Sold by
Liebhauser Gina
Bought by
Theunissen Paul and Shideh Theunissen

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
6.32%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Clark Elizabeth
Bought by
Jacobs Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
7.73%
Source: Public Records

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Range of Values:

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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
Mehta Ketan $357,500 North American Title Ins Co
Theunissen Paul $1,425,000 --
Jacobs Tamara $817,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Ketan $2,334,500
Previous Owner Theunissen Paul $800,000
Previous Owner Jacobs Tamara $649,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $3,587,500 -9.7% --
12/08/2012 12/08/12 Price Changed $3,975,000 0.0% --
12/07/2012 12/07/12 Pending -- -- --
11/30/2012 11/30/12 Price Changed $3,975,000 0.0% --
11/29/2012 11/29/12 Pending -- -- --
11/21/2012 11/21/12 Price Changed $3,975,000 0.0% --
11/20/2012 11/20/12 Pending -- -- --
10/23/2012 10/23/12 Price Changed $3,975,000 0.0% --
10/23/2012 10/23/12 For Sale $3,975,000 0.0% --
10/22/2012 10/22/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $3,975,000 0.0% --
10/09/2012 10/09/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $3,975,000 -- --
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
2024 $70,309 $2,796,500 $608,000 $2,188,500
2023 $70,309 $2,796,700 $608,000 $2,188,700
2022 $68,016 $2,796,700 $608,000 $2,188,700
2021 $68,212 $2,796,700 $608,000 $2,188,700
2020 $67,680 $2,796,700 $608,000 $2,188,700
2019 $66,338 $2,796,700 $608,000 $2,188,700
2018 $65,219 $2,796,700 $608,000 $2,188,700
2017 $64,324 $2,796,700 $608,000 $2,188,700
2016 $63,317 $2,796,700 $608,000 $2,188,700
2015 $61,863 $2,796,700 $608,000 $2,188,700
2014 $61,108 $2,796,700 $608,000 $2,188,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003949926

Bright MLS

APN: 14-00009-01-00016