51 Pettit Place Princeton, NJ 08540
Princeton North NeighborhoodEstimated Value: $1,915,000 - $2,234,000
5
Beds
5
Baths
4,219
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- 1.16 Acre Lot
- Colonial Architecture
- Wooded Lot
- Community Park Elementary School Rated A+
- Deck
- Wood Flooring
About This Home
As of June 2020FULLY AVAILABLE....Driving down the long driveway to the main entry, this home is nestled on a beautiful lot in a lovely quiet setting in Princeton. The huge double entry foyer with custom moldings throughout leads to the large formal living and dining rooms with lovely diagonal wood flooring inlaid with a deep rich mahogany border. Enjoy entertaining or relaxing in the living room with a double faced gas log fireplace which it shares with the Library. The Library features a deep rich wood wall of built in shelving. Two French doors on either side allow access in and out. Moving past the Butler's pantry to the huge gourmet kitchen with stainless appliances, double ovens and microwave. The center island is oversized with a beautiful granite countertop. The 42" cherry cabinets are finished with crown moldings and there is a separate desk area. Enjoy meals in the breakfast room which overlooks a serene back yard with natural landscaping and new Trex deck and railings. There is an oversized pantry as well. The laundry room is also on this floor which has additional shelving and lots of space. Upstairs the wide staircase brings you to the second floor with 5 large spacious bedrooms and 3 full baths. Enjoy lounging in the Master Bedroom which has a separate rounded sitting room and deck overlooking the natural setting. Enjoy the luxurious dressing area with large walk-in closet and full bath with double sized tub and stall shower. All the bedrooms have very high quality neutral carpeting throughout. Downstairs half of the basement is completely finished and has ample room for entertaining your family and friends. The other half has plenty of room for storage. This home is completed by a 3 car attached garage. Close to schools, shopping and minutes from downtown Princeton....this one is truly a "10"!!!
Last Agent to Sell the Property
Coldwell Banker Residential Brokerage - Princeton Listed on: 02/07/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,491
Year Built
- Built in 1997
Lot Details
- 1.16 Acre Lot
- Wooded Lot
- Property is in good condition
HOA Fees
- $38 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Shingle Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,219 Sq Ft Home
- Property has 2 Levels
- Wet Bar
- Central Vacuum
- Ceiling height of 9 feet or more
- 2 Fireplaces
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry on main level
- Attic
Kitchen
- Butlers Pantry
- Built-In Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Whirlpool Bathtub
Home Security
- Home Security System
- Intercom
Outdoor Features
- Deck
- Porch
Schools
- Community Park Elementary School
- J Witherspoon Middle School
- Princeton High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 14-02201-00019
Community Details
Overview
- Association fees include common area maintenance
- Princeton Manor Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2020
Closed on
Jul 1, 2020
Sold by
Madden Jean Anne and Madden William
Bought by
Zhang Li and Wu Xifan
Seller's Agent
Helene Fazio
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Chihlan Chan
BHHS Fox & Roach - Princeton
List Price
$1,275,000
Sold Price
$1,204,000
Premium/Discount to List
-$71,000
-5.57%
Total Days on Market
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,539
Avg. Annual Appreciation
10.64%
Original Mortgage
$963,280
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2008
Sold by
Fabiano Vincent L and Fabiano Joanne L
Bought by
Madden William and Madden Jean A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1997
Sold by
Ridgeview Assoc Lp
Bought by
Vincent Fabiano and Fabiano Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.17%
Similar Homes in Princeton, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Li | $1,204,100 | None Available | |
| Madden William | $1,300,000 | -- | |
| Vincent Fabiano | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Li | $963,280 | |
| Previous Owner | Zhang Li | $963,280 | |
| Previous Owner | Madden William | $250,000 | |
| Previous Owner | Madden William | $100,000 | |
| Previous Owner | Madden William | $1,040,000 | |
| Previous Owner | Vincent Fabiano | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $1,204,000 | -5.6% | $285 / Sq Ft |
| 05/15/2020 05/15/20 | Pending | -- | -- | -- |
| 04/20/2020 04/20/20 | For Sale | $1,275,000 | 0.0% | $302 / Sq Ft |
| 04/09/2020 04/09/20 | For Sale | $1,275,000 | 0.0% | $302 / Sq Ft |
| 02/27/2020 02/27/20 | Pending | -- | -- | -- |
| 02/15/2020 02/15/20 | Pending | -- | -- | -- |
| 02/07/2020 02/07/20 | For Sale | $1,275,000 | -- | $302 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $31,257 | $1,243,300 | $616,000 | $627,300 |
| 2023 | $31,257 | $1,243,300 | $616,000 | $627,300 |
| 2022 | $30,237 | $1,243,300 | $616,000 | $627,300 |
| 2021 | $30,324 | $1,243,300 | $616,000 | $627,300 |
| 2020 | $30,088 | $1,243,300 | $616,000 | $627,300 |
| 2019 | $29,491 | $1,243,300 | $616,000 | $627,300 |
| 2018 | $28,994 | $1,243,300 | $616,000 | $627,300 |
| 2017 | $28,596 | $1,243,300 | $616,000 | $627,300 |
| 2016 | $28,148 | $1,243,300 | $616,000 | $627,300 |
| 2015 | $27,283 | $1,233,400 | $616,000 | $617,400 |
| 2014 | $26,950 | $1,233,400 | $616,000 | $617,400 |
Source: Public Records
Agents Affiliated with this Home
-
Helene Fazio
Seller's Agent in 2020
Helene Fazio
Coldwell Banker Residential Brokerage - Princeton
(609) 658-3277
2 in this area
67 Total Sales
-
Chihlan Chan
Buyer's Agent in 2020
Chihlan Chan
BHHS Fox & Roach
(609) 915-2581
13 in this area
131 Total Sales
Map
Source: Bright MLS
MLS Number: NJME291474
APN: 14-02201-0000-00019
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