NOT LISTED FOR SALE

5 Stout Rd Princeton, NJ 08540

Estimated Value: $1,785,000 - $2,265,000

5 Beds
4.5 Baths
4,584 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $1,210,000 $264 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $14,193/month

192 Days on Market

Highlights

  • Second Kitchen
  • Gourmet Kitchen
  • Dual Staircase
  • Hopewell Valley Central High School Rated A
  • View of Trees or Woods
  • Colonial Architecture

About This Home

As of December 2021

Majestic brick estate in the desirable Mount Rose community with easy access to Princeton downtown. Elegant throughout the house with marble fireplaces, picture frame moldings, and beautiful hardwood floors. The completely remodeled chef’s kitchen has quartz countertops, custom cabinetry, a Dacor 6 burner stove with 2 ovens, Miele dishwasher, and a Sub-Zero refrigerator. Open plan with large adjacent family room with tons of natural light.

Upstairs you will find a large master suite with 2 walk-in closets, a fireplace, and large bath. Down the hall you will find 3 additional bedrooms and a spacious guest suite with a full bathroom.

Outdoor you have your own private retreat with deck, large grassy area, and playground with surrounding trees adding to its natural beauty.

Last Agent to Sell the Property

Lakshmi Chundru

lchundru@gmail.com Keller Williams Real Estate - Princeton License #0893403 Listed on: 06/11/2021

Last Buyer's Agent

Lakshmi Chundru

lchundru@gmail.com Keller Williams Real Estate - Princeton License #0893403 Listed on: 06/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,847

Year Built

  • Built in 1999

Lot Details

  • 3.08 Acre Lot
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Backs to Trees or Woods
  • Property is zoned MRC

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Dual Staircase
  • Built-In Features
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Views of Woods
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Mount Rose Subdivision

Listing and Financial Details

  • Tax Lot 00009 07
  • Assessor Parcel Number 06-00040-00009 07

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,847

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Oven - Double
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Butlers Pantry, Dining Area, Kitchen - Island, Additional Stairway, Breakfast Area, Built-Ins, Formal/Separate Dining Room, Kitchen - Gourmet, Upgraded Countertops, Recessed Lighting, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Study
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 9168
  • Living Area Sq Ft: 4584
  • Price Per Sq Ft: 278.14
  • Above Grade Finished Sq Ft: 4584
  • Above Grade Unfinished Sq Ft: 4584
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 910200.00
  • Land Assessed Value: 523200.00
  • Lot Features: Backs To Trees, Landscaping, Premium, Private, Secluded
  • Lot Size Acres: 3.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 134165.00
  • Zoning: MRC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120638
  • Tax Annual Amount: 43847.00
  • Assessor Parcel Number: 06-00040-00009 07
  • Tax Lot: 00009 07
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Dec 20, 2021
Sold by
Michael Samuel
Bought by
Ghumman Holdings Llc
Seller's Agent
Lakshmi Chundru
Keller Williams Real Estate - Princeton
Buyer's Agent
Lakshmi Chundru
Keller Williams Real Estate - Princeton
List Price
$1,275,000
Sold Price
$1,210,000
Premium/Discount to List
-$65,000
-5.1%
Current Estimated Value
$1,981,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,350
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Allen Michael Watson and Allen Elizabeth Schuler
Bought by
Samuel Michael

Purchase Details

Listed on
Feb 8, 2014
Closed on
May 22, 2014
Sold by
Boccitto Bonnie
Bought by
Allen Michael Watson and Allen Elizabeth Schuler
Seller's Agent
Sarah Strong Drake
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan Cook
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$740,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2011
Sold by
Boccitto Elio and Boccitto Bonnie
Bought by
Boccitto Bonnie

Purchase Details

Closed on
Jan 27, 2000
Sold by
Grant Homes
Bought by
Boccitto Elio and Boccitto Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghumman Holdings Llc $1,210,000 Golden Title
Samuel Michael $1,151,500 Fidelity National Title Insu
Allen Michael Watson $1,350,000 Empire Title & Abstract Agen
Boccitto Bonnie -- None Available
Boccitto Elio $939,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Michael Watson $740,000
Previous Owner Boccitto Elio $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $1,210,000 -5.1% $264 / Sq Ft
10/01/2021 10/01/21 Price Changed $1,275,000 0.0% $278 / Sq Ft
10/01/2021 10/01/21 For Sale $1,275,000 +5.4% $278 / Sq Ft
09/30/2021 09/30/21 Off Market $1,210,000 -- --
09/12/2021 09/12/21 For Sale $1,395,000 +15.3% $304 / Sq Ft
09/10/2021 09/10/21 Off Market $1,210,000 -- --
07/06/2021 07/06/21 Price Changed $1,395,000 -7.0% $304 / Sq Ft
06/11/2021 06/11/21 For Sale $1,500,000 +30.3% $327 / Sq Ft
12/17/2015 12/17/15 Sold $1,151,500 -23.2% -- View Prior Sale
11/18/2015 11/18/15 For Sale $1,499,000 +30.2% --
11/16/2015 11/16/15 Pending -- -- --
11/13/2015 11/13/15 Off Market $1,151,500 -- --
08/21/2015 08/21/15 For Sale $1,499,000 +11.0% --
05/30/2014 05/30/14 Sold $1,350,000 -3.5% -- View Prior Sale
05/16/2014 05/16/14 Pending -- -- --
04/25/2014 04/25/14 Price Changed $1,399,000 -6.7% --
02/08/2014 02/08/14 For Sale $1,499,000 0.0% --
02/15/2012 02/15/12 Rented $7,250 +3.6% --
12/30/2011 12/30/11 Under Contract -- -- --
09/07/2011 09/07/11 For Rent $7,000 -- --
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 $45,252 $1,433,400 $523,200 $910,200
2024 $43,805 $1,433,400 $523,200 $910,200
2023 $43,805 $1,433,400 $523,200 $910,200
2022 $42,902 $1,433,400 $523,200 $910,200
2021 $43,848 $1,433,400 $523,200 $910,200
2020 $42,787 $1,433,400 $523,200 $910,200
2019 $41,741 $1,433,400 $523,200 $910,200
2018 $40,967 $1,433,400 $523,200 $910,200
2017 $39,849 $1,433,400 $523,200 $910,200
2016 $37,670 $1,433,400 $523,200 $910,200
2015 $38,057 $1,433,400 $523,200 $910,200
2014 $37,268 $1,433,400 $523,200 $910,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME314154

Bright MLS

APN: 06-00040-0000-00009-07