NOT LISTED FOR SALE

46 Park Place Unit 1 Princeton, NJ 08542

Estimated Value: $453,831 - $627,000

1 Bed
1 Bath
470 Sq Ft
$123/mo HOA Fee

Last Sold May 21, 2014

Last sale price $325,000 $691 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,792/month

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Living Room
  • Community Park Elementary School Rated A+
  • Wood Flooring
  • Home Security System

About This Home

As of May 2014

MAJOR PRICE REDUCTION on this 1 bedroom, 1 bath 1st fl unit has it all. This is a brand new condo conversion was designed by Princeton Architect Steve Derochi who has paid attention to every detail in the design and execution of this unit. This spacious condo features living room with plenty of light from the large bay window. The kitchen area has custom cabinetry with built in appliances and granite counter tops. There is a custom cook top with an GE Advantium Oven. Oak hardwood floors in the living areas. The bath has Travertine tile floors and a frameless glass shower door. The condo has it's own AC an heating unit plenty of storage space with your own storage locker in the basement. The home has surveillance/entry video monitored security system. Laundry has a full size stackable washer and dryer. The exterior has been recently resided with Hardi Plank siding and brand new roof. 1 Block to Nassau St and the University. Don't miss this magnificent in-town condo conversion

Last Agent to Sell the Property

Joseph Plotnick

(732) 979-9116 jplotnick@weichert.com Weichert Realtors - Princeton License #572617 Listed on: 08/23/2013

Weichert Realtors - Princeton

Last Buyer's Agent

KER-MING CHANG

kchang_kw@yahoo.com Keller Williams Real Estate - Princeton License #TREND:60002940

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1920 | Remodeled in 2013

Lot Details

  • 6,098

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 470 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Living Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Community Details

  • Association fees include common area maintenance, exterior building maintenance, insurance, management
  • $443 Other One-Time Fees

Listing and Financial Details

  • Tax Lot 00082 12-C02
  • Assessor Parcel Number 14-00028 03-00082 12-C02

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,491

Year Built

Built in 1920 | Remodeled in 2013

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Refrigerator, Washer Dryer
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Year Renovated: 2013
  • Remarks Public: MAJOR PRICE REDUCTION on this 1 bedroom, 1 bath 1st fl unit has it all. This is a brand new condo conversion was designed by Princeton Architect Steve Derochi who has paid attention to every detail in the design and execution of this unit. This spacious condo features living room with plenty of light from the large bay window. The kitchen area has custom cabinetry with built in appliances and granite counter tops. There is a custom cook top with an GE Advantium Oven. Oak hardwood floors in the living areas. The bath has Travertine tile floors and a frameless glass shower door. The condo has it's own AC an heating unit plenty of storage space with your own storage locker in the basement. The home has surveillance/entry video monitored security system. Laundry has a full size stackable washer and dryer. The exterior has been recently resided with Hardi Plank siding and brand new roof. 1 Block to Nassau St and the University. Don't miss this magnificent in-town condo conversion
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Oven - Self Cleaning, Dishwasher, Refrigerator
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Stall Shower
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Floors In Unit Count: 1
  • Levels Count: 3+
  • Room Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 470
  • Living Area Sq Ft: 470
  • Net Sq Ft: 470.00
  • Price Per Sq Ft: 734.04
  • Above Grade Finished Sq Ft: 470
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 46-1

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 122.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management
  • HOA: No

Fee Information

  • Other Fees: 442.50
  • Other Fees Frequency: One Time

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 25000.00
  • Land Assessed Value: 318300.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 00X00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7422148
  • Tax Annual Amount: 6491.00
  • Assessor Parcel Number: 14-00028 03-00082 12-C02
  • Tax Lot: 00082 12-C02
  • Tax Year: 2013
  • Close Date: 05/21/2014

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
May 21, 2014
Sold by
46 46 Park Place Llc
Bought by
Tam Helen
Seller's Agent
Joseph Plotnick
Weichert Realtors - Princeton
Buyer's Agent
KER-MING CHANG
Keller Williams Real Estate - Princeton
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Current Estimated Value
$552,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,708
Avg. Annual Appreciation
2.75%
Original Mortgage
$200,000
Interest Rate
4.26%
Mortgage Type
New Conventional
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
Tam Helen $325,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Helen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $325,000 -5.8% $691 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $345,000 +6.2% $734 / Sq Ft
02/16/2014 02/16/14 Off Market $325,000 -- --
10/16/2013 10/16/13 Price Changed $345,000 -8.0% $734 / Sq Ft
08/23/2013 08/23/13 For Sale $375,000 -- $798 / 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 $8,865 $332,900 $281,300 $51,600
2024 $8,369 $332,900 $281,300 $51,600
2023 $8,369 $332,900 $281,300 $51,600
2022 $8,096 $332,900 $281,300 $51,600
2021 $8,119 $332,900 $281,300 $51,600
2020 $8,056 $332,900 $281,300 $51,600
2019 $7,896 $332,900 $281,300 $51,600
2018 $7,103 $304,600 $237,500 $67,100
2017 $7,006 $304,600 $237,500 $67,100
2016 $6,896 $304,600 $237,500 $67,100
2015 $6,738 $304,600 $237,500 $67,100
2014 -- $304,600 $237,500 $67,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joseph Plotnick

    Weichert Corporate

    (732) 979-9116

    9 Total Sales

    Joseph Plotnick
    Section Image

  • K

    Buyer's Agent in 2014

    KER-MING CHANG

    Keller Williams Real Estate - Princeton

See All Agents

Map

Source: Bright MLS

MLS Number: 1003564322

Bright MLS

APN: 14-00028-03-00082-12-C02

New Jersey Mercer County Princeton 08542

46 Park Place Unit 1, Princeton, NJ

This home is located at 46 Park Place Unit 1, Princeton, NJ 08542 since 23 August 2013 and is currently estimated at $552,708, approximately $1,175 per square foot. This property was built in 1920. 46 Park Place Unit 1 is a home located in Mercer County with nearby schools including Community Park Elementary School, Princeton Middle School, and Princeton High School.

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