NOT LISTED FOR SALE

505 Somerset Ct Princeton, NJ 08540

Estimated Value: $687,000 - $708,797

3 Beds
2.5 Baths
1,960 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $436,000 $222 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,883/month

Highlights

  • Colonial Architecture
  • Clubhouse
  • Wood Flooring
  • Cambridge Elementary School Rated A
  • Cathedral Ceiling
  • Community Indoor Pool

About This Home

As of September 2018

Gem of a home in South Brunswick with Princeton mailing address! If you are looking for something tasteful, with an open floor concept, ample natural light, awesome amenities with updates galore, then look no further! This beautiful 3 bedroom, end-unit townhome is located in the sought-after community of Woods at Princeton Walk. Gorgeous hardwood floor, designer columns, recessed lighting, elegant light fixtures, custom blinds and window treatments accentuate the first floor. The dining room has a charming bay window allowing the sunlight to flow in and compliment the beautiful chandelier. The eat-in kitchen boasts beautiful wood cabinets, elegant backsplash, Corian counter top and stainless-steel appliances. The neatly maintained outdoor patio from the kitchen is excellent for grilling and outdoor dining. Adjacent to the kitchen is the brightly lit familyroom with cathedral ceiling, tall palladium windows, recessed lighting and a handsome gas fireplace with marble surround creating a perfect ambience for those relaxing evenings. There is a beautiful light fixture on the landing as you tour your way to the second floor retreat. The master bedroom has a high vaulted ceiling with ceiling fan and light fixture and separate His and Her walk-in closets. The ensuite bathroom has newer dual vanities both with Moen chrome faucets, upgraded floor and wall tiles, over-sized Jacuzzi tub, stall shower, separate linen closet and a beautiful bay window. There are two more generous size bedrooms on this level both with closets and ceiling fans with light fixtures. The main bathroom also offers a newer vanity and faucet with a tub for everyone to enjoy. Another asset to this floor is the laundry room with its own utility sink and newer stainless steel washer and dryer. There is also a one car side entry garage and newer Carrier heating and a/c system installed in 2014. Beautiful Clubhouse with outdoor & indoor swimming pool (which is open through fall, winter and spring), tennis/basketball courts, playground and fitness center are a boon for all. Award winning South Brunswick schools, including Cambridge Elementary for excellence in Science and Math. All this in close proximity to NYC/ Philly trains and minutes away from major highways, shopping, restaurants and downtown Princeton.

Last Agent to Sell the Property

Mona Gajee-Khan

(609) 627-9050 mkhanhomes@gmail.com RE/MAX Diamond Realtors Listed on: 07/08/2018

RE/MAX Diamond  Realtors

Last Buyer's Agent

Ayesha Shafique

(201) 281-1790 ayes0270@gmail.com Weichert Realtors - Princeton License #1757661

Weichert Realtors - Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 1998

Lot Details

  • Property is in good condition

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Play Equipment

Schools

  • Cambridge Elementary School
  • South Brunswick High School

Utilities

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

Listing and Financial Details

  • Tax Lot 00039
  • Assessor Parcel Number 21-00096 28-00039

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn maintenance, snow removal
  • $1,250 Other One-Time Fees
  • Woods@Princeton Walk Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Indoor Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,593

Year Built

Built in 1998

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Dishwasher, Range, Refrigerator, Microwave, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Stall Shower, Dining Area
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Upper Floor

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s), Play Equipment
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 947.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tennis Courts, Club House, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Indoor

Fee Information

  • Other Fees: 1250.00
  • Other Fees Frequency: One Time

Schools

  • Elementary School: CAMBRIDGE
  • High School: SOUTH BRUNSWICK

Lot Info

  • Improvement Assessed Value: 133900.00
  • Land Assessed Value: 60000.00
  • Lot Features: Corner
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RM-3

Green Features

  • Green Remarks: Pictures taken prior to current tenant moving in

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2764866
  • Tax Annual Amount: 9593.00
  • Assessor Parcel Number: 21-00096 28-00039
  • Tax Lot: 00039
  • Tax Year: 2017

MLS Schools

  • School District Name: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Sep 12, 2018
Sold by
Ravisankar Ragavendran and Srinivasan Manjula Devi Nachimuthu
Bought by
D Prasad D and D Souza Mary P
Seller's Agent
Mona Gajee-Khan
RE/MAX Diamond Realtors
Buyer's Agent
Ayesha Shafique
Weichert Realtors - Princeton
List Price
$449,000
Sold Price
$436,000
Premium/Discount to List
-$13,000
-2.9%
Current Estimated Value
$699,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,949
Avg. Annual Appreciation
6.86%
Original Mortgage
$414,200
Outstanding Balance
$360,463
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$339,486

Purchase Details

Listed on
Sep 20, 2012
Closed on
Nov 26, 2012
Sold by
Arneja Daljit S and Kaur Amanpreet
Bought by
Ravisankar Ragavendran and Srinivasan Manjula Devi Nachimuthu
Seller's Agent
BERNARD SMOLOWITZ
Keller Williams Real Estate - Princeton
Buyer's Agent
Michelle Blane
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$405,000
Sold Price
$388,000
Premium/Discount to List
-$17,000
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$365,750
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Hovnanian K
Bought by
Rosen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.05%
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
D Prasad D $436,000 Fidelity Nat Title Ins Co
Ravisankar Ragavendran $388,000 None Available
Rosen Richard $198,853 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D Prasad D $414,200
Previous Owner Ravisankar Ragavendran $365,750
Previous Owner Rosen Richard $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2018 09/12/18 Sold $436,000 -2.9% $222 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $449,000 0.0% $229 / Sq Ft
03/11/2018 03/11/18 Rented $2,600 -3.7% --
03/02/2018 03/02/18 Under Contract -- -- --
03/01/2018 03/01/18 For Rent $2,700 0.0% --
11/26/2012 11/26/12 Sold $388,000 -4.2% $198 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $405,000 -- $207 / 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 $10,622 $193,900 $60,000 $133,900
2024 $10,220 $193,900 $60,000 $133,900
2023 $10,220 $193,900 $60,000 $133,900
2022 $9,914 $193,900 $60,000 $133,900
2021 $7,622 $193,900 $60,000 $133,900
2020 $9,965 $193,900 $60,000 $133,900
2019 $10,052 $193,900 $60,000 $133,900
2018 $9,711 $193,900 $60,000 $133,900
2017 $9,695 $193,900 $60,000 $133,900
2016 $9,575 $193,900 $60,000 $133,900
2015 $9,245 $193,900 $60,000 $133,900
2014 $9,098 $193,900 $60,000 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002002244

Bright MLS

APN: 21-00096-28-00039