$388,000
SOLD NOV 26, 2012

505 Somerset Ct Princeton, NJ 08540

3 Beds
2.5 Baths
1,960 Sq Ft
$272/mo HOA Fee

Recently Sold

$198 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • 1 Fireplace
  • Cambridge Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of September 2018

Beautiful END UNIT townhome in the much sought after development of Princeton Walk. Bright and spacious. PRINCETON MAILING ADDRESS. Hardwood floors in Entry, Kitchen, Living Room and Family Room. Family Room with two story high ceiling, window wall, gas fireplace and recessed lights. Marvelous bridge on the second level overlooks this magnificent room. Large Kitchen with two year old Stainless Refrigerator,Gas Range and Dish washer. Ample counter space with tile backsplash. Huge Main Bedroom with two walk-in closets. Main BA with jets. Fenced-in patio with privacy. Award winning South Brunswick schools, including Cambridge Elementary for excellence in Science and Math. Beautiful clubhouse with indoor/outdoor pools, tennis courts and exercise equipment. Indoor pool is open from Sept-June for year round swimming. All this plus an easy easy commute to shopping, Princeton, major roads and public transportation, including Turnpike, NJ Transit trains and AMTRAK. This is a must see home that will not disappoint you

Last Agent to Sell the Property

BERNARD SMOLOWITZ

Keller Williams Real Estate - Princeton License #TREND:60003884 Listed on: 09/20/2012

Last Buyer's Agent

Michelle Blane

Callaway Henderson Sotheby's Int'l-Princeton License #1111490

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 1998

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on upper level

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

  • Cambridge Elementary School

Utilities

  • Central Air
  • 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, exterior building maintenance, lawn maintenance, snow removal, trash, health club, management
  • Princeton Walk Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,594

Year Built

Built in 1998

Lot Details

0

HOA Fees

$272 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Tv In Family Room.
  • Inclusions: Refrig, Window Treatments, Blinds, Chandeliers, Ceiling Fans.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1998
  • Remarks Public: Beautiful END UNIT townhome in the much sought after development of Princeton Walk. Bright and spacious. PRINCETON MAILING ADDRESS. Hardwood floors in Entry, Kitchen, Living Room and Family Room. Family Room with two story high ceiling, window wall, gas fireplace and recessed lights. Marvelous bridge on the second level overlooks this magnificent room. Large Kitchen with two year old Stainless Refrigerator,Gas Range and Dish washer. Ample counter space with tile backsplash. Huge Main Bedroom with two walk-in closets. Main BA with jets. Fenced-in patio with privacy. Award winning South Brunswick schools, including Cambridge Elementary for excellence in Science and Math. Beautiful clubhouse with indoor/outdoor pools, tennis courts and exercise equipment. Indoor pool is open from Sept-June for year round swimming. All this plus an easy easy commute to shopping, Princeton, major roads and public transportation, including Turnpike, NJ Transit trains and AMTRAK. This is a must see home that will not disappoint you
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Street Number Modifier: 505

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • 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
  • Parking Features: Street
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 272.00
  • HOA Fee Frequency: Monthly
  • 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, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Health Club, Management
  • HOA: Yes

Schools

  • School District: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CAMBRIDGE
  • School District Key: 300200396580
  • Elementary School: CAMBRIDGE

Lot Info

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

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2764866
  • Tax Annual Amount: 8594.00
  • Assessor Parcel Number: 21-00096 28-00039
  • Tax Lot: 00039
  • Tax Year: 2011
  • Close Date: 11/26/2012

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
$746,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,142
Avg. Annual Appreciation
7.09%
Original Mortgage
$414,200
Outstanding Balance
$364,156
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$335,106

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $436,000 Fidelity Nat Title Ins Co
Deed $388,000 None Available
Deed $198,853 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Credit Line Revolving
Open $414,200 New Conventional
Previous Owner $365,750 New Conventional
Previous Owner $295,000 New Conventional
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 1004105876

Bright MLS

APN: 21-00096-28-00039