NOT LISTED FOR SALE

43 Southern Way Princeton, NJ 08540

Estimated Value: $1,045,000 - $1,305,000

3 Beds
2 Baths
2,250 Sq Ft
$522/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $777,000 $345 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,667/month

Highlights

  • Contemporary Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Riverside Elementary School Rated A
  • 1 Car Attached Garage

About This Home

As of August 2020

Under Contract Before Processing

Last Agent to Rent the Property

Yuen Li Huang

(609) 933-9988 yuenlihuang@gmail.com BHHS Fox & Roach - Princeton License #0234160 Listed on: 07/18/2020

BHHS Fox & Roach - Princeton

Last Renter's Agent

Yuen Li Huang

(609) 933-9988 yuenlihuang@gmail.com BHHS Fox & Roach - Princeton License #0234160 Listed on: 07/18/2020

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,246

Year Built

  • Built in 1947

Lot Details

  • Property is zoned R5

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,000
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/1/20
  • Assessor Parcel Number 14-08702-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,246

Year Built

Built in 1947

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2020-08-01
  • Pets Allowed: No
  • Security Deposit: 6000.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 1.78
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Association Recreation Fee: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R5

Tax Info

  • Assessor Parcel Number: 14-08702-00011
  • Tax Total Finished Sq Ft: 2250
  • Close Date: 08/08/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 24, 2016
Sold by
Torrance Diane C Shaffer and Torrance Aaron
Bought by
Chung Steven and Yang Hye Eun
Seller's Agent
Deborah Hornstra
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Yuen Li Huang
BHHS Fox & Roach - Princeton
List Price
$728,000
Sold Price
$777,000
Premium/Discount to List
$49,000
6.73%
Current Estimated Value
$1,175,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,188
Avg. Annual Appreciation
5.25%
Original Mortgage
$440,325
Outstanding Balance
$387,749
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$877,329

Purchase Details

Closed on
Jun 5, 1995
Sold by
Parker Arri
Bought by
Shaffer Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.21%
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
Chung Steven $777,000 Foundation Title Llc
Shaffer Diane $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Steven $440,325
Previous Owner Shaffer Diane $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2020 08/08/20 Rented $4,000 0.0% --
07/18/2020 07/18/20 Under Contract -- -- --
07/18/2020 07/18/20 For Rent $4,000 0.0% --
09/23/2019 09/23/19 Rented $4,000 -8.0% --
06/28/2019 06/28/19 Under Contract -- -- --
06/06/2019 06/06/19 For Rent $4,350 0.0% --
03/24/2016 03/24/16 Sold $777,000 +6.7% $345 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $728,000 -- $324 / 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 $17,246 $647,600 $453,000 $194,600
2024 $16,281 $647,600 $453,000 $194,600
2023 $16,281 $647,600 $453,000 $194,600
2022 $15,750 $647,600 $453,000 $194,600
2021 $15,795 $647,600 $453,000 $194,600
2020 $15,067 $622,600 $428,000 $194,600
2019 $14,768 $622,600 $428,000 $194,600
2018 $14,519 $622,600 $428,000 $194,600
2017 $14,320 $622,600 $428,000 $194,600
2016 $14,096 $622,600 $428,000 $194,600
2015 $13,772 $622,600 $428,000 $194,600
2014 $13,604 $622,600 $428,000 $194,600
Source: Public Records

Agents Affiliated with this Home

  • Yuen Li Huang

    Landlord's Agent in 2020

    Yuen Li Huang

    BHHS Fox & Roach

    (609) 933-9988

    31 in this area

    92 Total Sales

    Yuen Li Huang
    Section Image
  • Yongmei Tan

    Buyer's Agent in 2019

    Yongmei Tan

    Tesla Realty Group LLC

    (609) 580-0975

    20 Total Sales

    Yongmei Tan
    Section Image
  • Deborah Hornstra

    Seller's Agent in 2016

    Deborah Hornstra

    Coldwell Banker Residential Brokerage - Princeton

    (609) 933-0073

    19 Total Sales

    Deborah Hornstra
    Section Image
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Map

Source: Bright MLS

MLS Number: NJME298452

Bright MLS

APN: 14-08702-0000-00011

New Jersey Mercer County Princeton 08540

43 Southern Way, Princeton, NJ

This home is located at 43 Southern Way, Princeton, NJ 08540 since 18 July 2020 and is currently priced at $1,175,188. This property was built in 1947. 43 Southern Way is a home located in Mercer County with nearby schools including Riverside Elementary School, Princeton Middle School, and Princeton High School.

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