Seller's Agent in 2016
John Sullivan
RE/MAX
(609) 575-8574
2 in this area
26 Total Sales
51 Red Hill Rd Princeton, NJ 08540
0.44
Acre
$647,727
Price per Acre
19,166
Sq Ft Lot
About This Lot
As of March 2016Countless mature trees and dense greenery line a private road hugging the northern edge of town, well within the bounds of Princeton and just a stroll from the conveniences of a small outdoor shopping center and the playing fields of Community Park. Even though the sun-dappled, woodsy road has access from two sides, it rarely sees a car. A .44-acre lot, the only one available in recent years, is right in the center of this little-known hidden lane. Our understanding is that a residential dwelling could be rebuilt on the existing foundation but we ask any buyer to confirm for themselves. The property is zoned R-6. Check with town guidelines regarding building size and setbacks. All plans must pass township approval. With regard to the HOA: At this time there are no documents for a new homeowner to complete, and there is no formally incorporated Homeowner's Association. RHR Association is the name used by the property owners of RHR, all of whom share care and maintenance of our paved private drive. At present, the annual, calendar-year dues are set at $150, primarily to cover the cost of snow plowing. Special projects, such repair of the foundation of the bridge around 7 years ago, necessitated a $700 assessment from each property owner. We do anticipate an increase in the dues, or another special assessment in the next year or two, as we look to repair sections of the road damaged by extreme weather conditions, and clear fallen trees branches
Last Agent to Sell the Property
Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 03/28/2014
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,203
HOA Fees
- $13 Monthly HOA Fees
Schools
- Community Park Elementary School
- J Witherspoon Middle School
- Princeton High School
Additional Features
- En-Suite Primary Bedroom
- 0.44 Acre Lot
Listing and Financial Details
- Tax Lot 00047
- Assessor Parcel Number 14-05301-00047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2015
Closed on
Mar 24, 2016
Sold by
Woodbrook Homes Llc
Bought by
Xu Lijie and Li Ji
Seller's Agent
John Sullivan
RE/MAX of Princeton
Buyer's Agent
Chihlan Chan
BHHS Fox & Roach - Princeton
List Price
$949,000
Sold Price
$890,000
Premium/Discount to List
-$59,000
-6.22%
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
$720,627
Avg. Annual Appreciation
5.92%
Original Mortgage
$660,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 28, 2014
Closed on
May 19, 2014
Sold by
Middleton Richard B
Bought by
Woodbrook Homes Llc
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
John Sullivan
RE/MAX of Princeton
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.06%
Purchase Details
Closed on
Jan 14, 1994
Sold by
Middleton Richard
Bought by
Middleton Ralph
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $890,000 | Westcor Land Title Insurance | |
| Deed | $285,000 | Old Republic Natl Title Ins | |
| Deed | $142,622 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,400 | New Conventional | |
| Closed | $660,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,260,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $320,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2016 03/24/16 | Sold | $890,000 | -6.2% | $254 / Sq Ft |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- |
| 12/11/2015 12/11/15 | For Sale | $949,000 | +6.6% | $271 / Sq Ft |
| 12/11/2015 12/11/15 | Off Market | $890,000 | -- | -- |
| 10/06/2015 10/06/15 | Price Changed | $949,000 | -5.0% | $271 / Sq Ft |
| 08/25/2015 08/25/15 | Price Changed | $998,900 | -9.1% | $285 / Sq Ft |
| 06/10/2015 06/10/15 | For Sale | $1,099,000 | +285.6% | $314 / Sq Ft |
| 05/19/2014 05/19/14 | Sold | $285,000 | -3.4% | -- |
| 04/07/2014 04/07/14 | Pending | -- | -- | -- |
| 03/28/2014 03/28/14 | For Sale | $295,000 | -- | -- |
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 | $22,008 | $875,400 | $338,000 | $537,400 |
| 2023 | $22,008 | $875,400 | $338,000 | $537,400 |
| 2022 | $21,290 | $875,400 | $338,000 | $537,400 |
| 2021 | $21,351 | $875,400 | $338,000 | $537,400 |
| 2020 | $21,185 | $875,400 | $338,000 | $537,400 |
| 2019 | $20,764 | $875,400 | $338,000 | $537,400 |
| 2018 | $20,414 | $875,400 | $338,000 | $537,400 |
| 2017 | $20,134 | $875,400 | $338,000 | $537,400 |
| 2016 | $19,819 | $875,400 | $338,000 | $537,400 |
| 2015 | $7,477 | $338,000 | $338,000 | $0 |
| 2014 | $7,385 | $338,000 | $338,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Chihlan Chan
BHHS Fox & Roach
(609) 915-2581
23 in this area
129 Total Sales
-
Seller's Agent in 2014
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
(609) 828-1450
46 in this area
116 Total Sales
Map
Source: Bright MLS
MLS Number: 1002856300
APN: 14-05301-0000-00047
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