NOT LISTED FOR SALE

431 Route 518 Skillman, NJ 08558

Estimated Value: $1,155,000 - $1,375,000

5 Beds
3.5 Baths
-- Sq Ft
2.32 Acres

Last Sold July 30, 2021

Last sale price $851,000

Est. 45% increase in value since last sale

Current estimated payment $8,160/month

Highlights

  • Gourmet Kitchen
  • Commercial Range
  • Open Floorplan
  • Village Elementary School Rated A-
  • 2.32 Acre Lot
  • Dual Staircase

About This Home

As of July 2021

For anyone drawn to the charm of a vintage home, or who simply loves the idea of living in the heart of beloved Skillman with its blue ribbon school system and proximity to Princeton, this home is not to be missed! Tracing its roots to 1833 and on the National Historic Register, this elegant home retains an abundance of original features while still being completely up to date. This home is much larger than similar homes of the period with lofty ceilings, custom built in cabinetry, airy rooms, five fireplaces and a total of five bedrooms reached by two sets of stairs. Formal and informal living areas are scaled to entertain. Improvements in recent years include refinished bathrooms and a gorgeous, renovated kitchen with every modern amenity. A covered porch was added alongside the breakfast room for morning coffee al fresco. Gas was added to the home and all five fireplaces now have new gas inserts. Keep cool with the new 2-zone AC. A new raised bluestone patio takes in glorious sunrises. On the grounds, which back to Hobler Park, find a barn with 3 garage bays, a potter’s shed, and a huge, usable loft/party room with electricity. There is plenty of space for a pool. Not to be missed!

Last Agent to Sell the Property

Valerie Smith

(609) 658-0394 vsmith@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #457483 Listed on: 05/17/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,011

Year Built

  • Built in 1832

Lot Details

  • 2.32 Acre Lot
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Attic
  • Unfinished Basement

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Double Oven
  • Commercial Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Schools

  • Village Elementary School
  • Montgomery Middle School
  • Montgomery High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Steam
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 13-32002-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,011

Year Built

Built in 1832

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: appliances, light fixtures, window treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1832
  • Automatically Close On Close Date: No
  • Remarks Public: For anyone drawn to the charm of a vintage home, or who simply loves the idea of living in the heart of beloved Skillman with its blue ribbon school system and proximity to Princeton, this home is not to be missed! Tracing its roots to 1833 and on the National Historic Register, this elegant home retains an abundance of original features while still being completely up to date. This home is much larger than similar homes of the period with lofty ceilings, custom built in cabinetry, airy rooms, five fireplaces and a total of five bedrooms reached by two sets of stairs. Formal and informal living areas are scaled to entertain. Improvements in recent years include refinished bathrooms and a gorgeous, renovated kitchen with every modern amenity. A covered porch was added alongside the breakfast room for morning coffee al fresco. Gas was added to the home and all five fireplaces now have new gas inserts. Keep cool with the new 2-zone AC. A new raised bluestone patio takes in glorious sunrises. On the grounds, which back to Hobler Park, find a barn with 3 garage bays, a potter’s shed, and a huge, usable loft/party room with electricity. There is plenty of space for a pool. Not to be missed!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Range Hood, Washer, Water Heater, Built-In Range, Commercial Range, Oven - Double
  • Flooring Type: Hardwood
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Built-Ins, Chair Railings, Crown Moldings, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood, Gas/Propane
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 11
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Study
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Lawn Sprinkler, Outbuilding(s)
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Inside Access, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: VILLAGE
  • Middle School: MONTGOMERY M.S.
  • High School: MONTGOMERY H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397497
  • School District Source: Listing Agent
  • Elementary School: VILLAGE
  • High School: MONTGOMERY H.S.
  • Middle Or Junior School: MONTGOMERY M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 338100.00
  • Land Assessed Value: 230400.00
  • Lot Size Acres: 2.32
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 101016.00
  • Outdoor Living Structures: Patio(s), Enclosed, Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3253877
  • Tax Annual Amount: 18011.00
  • Assessor Parcel Number: 13-32002-00014
  • Tax Lot: 00014
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/30/2021

MLS Schools

  • School District Name: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 28, 2021
Sold by
Gaburo Alfred J and Windrem Margaret M
Bought by
Reisen Frederick P and Reisen Sydney J
Seller's Agent
Valerie Smith
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$799,000
Sold Price
$851,000
Premium/Discount to List
$52,000
6.51%
Current Estimated Value
$1,237,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,714
Avg. Annual Appreciation
9.45%
Original Mortgage
$548,000
Outstanding Balance
$499,045
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$738,669

Purchase Details

Closed on
Jun 13, 2002
Sold by
Rose Frank
Bought by
Windren Margaret and Gaburo Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

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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
Reisen Frederick P $851,000 First American Title Ins Co
Reisen Frederick P $851,000 First American Title
Windren Margaret $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reisen Frederick P $548,000
Closed Reisen Frederick P $548,000
Previous Owner Gaburo Alfred J $462,000
Previous Owner Windren Margaret $835,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $851,000 +6.5% --
06/01/2021 06/01/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $799,000 -- --
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
2025 $19,488 $568,500 $230,400 $338,100
2024 $19,488 $568,500 $230,400 $338,100
2023 $19,460 $568,500 $230,400 $338,100
2022 $18,323 $568,500 $230,400 $338,100
2021 $18,164 $568,500 $230,400 $338,100
2020 $18,010 $568,500 $230,400 $338,100
2019 $17,885 $568,500 $230,400 $338,100
2018 $17,464 $568,500 $230,400 $338,100
2017 $17,197 $568,500 $230,400 $338,100
2016 $16,896 $568,500 $230,400 $338,100
2015 $16,521 $568,500 $230,400 $338,100
2014 $16,322 $568,500 $230,400 $338,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO114714

Bright MLS

APN: 13-32002-0000-00014