NOT LISTED FOR SALE

54 Peoples Line Rd Somerset, NJ 08873

Estimated Value: $1,277,000 - $1,287,108

6 Beds
6 Baths
5,974 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $745,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,157/month

35 Days on Market

Highlights

  • 2.41 Acre Lot
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • Attic

About This Home

As of December 2014

This 6 huge BR/6 BA magnificent estate is one of the few of the largest model sold in Town and Country Estates -significantly larger in sq footage than next smaller model. Finished basement of over 2000 sq ft. This estate is on a prime lot nestled at back of development with acres of State reserve land behind affording incredible privacy. Meticulous care/expense has gone into planting numerous trees (alternating flowering pear and plums that are spectacular pink/white in spring!) around the perimeter of backyard that offer further privacy/beauty. Tremendous curb appeal with brick front/pillared porch/3 car garage/newer driveway(2 yrs old) and professional landscaping(adequately spaced from house). Bkyd is fenced (property boundaries extend past fence in all directions) to be the size of football field and includes massive trex deck, 2 story matching play house with 14 ft scoop slide/tire swing/playset, sand box, matching shed and matching dog house. Home shows like a new home model with simple elegance throughout! Majority of home custom painted with neutral Ralph Lauren suede paint (light crystals that reflect light!). Walk inside to 2 story foyer (w/3 coat closets) for grand curving staircase to 2nd flr. To the right is a library (legal 6th BR), to the left is the entrance to living room and then dining room (recessed ceiling). Past library on the right is a hall with bath, guest suite with private full bath, laundry room w/garage entrance & deck entrance, and back stairs to 2nd flr. Past that hall from foyer is basement entrance on right and 2 story family room (w/wall of windows draped in raw silk custom drapes)on right with marble wood fireplace and double doors which lead to deck and kitchen and kitchen dining room to the left. Trey ceiling in master, 9 ft ceilings on 1st, as well as detailed crown moulding throughout add enhanced grandeur/elegance. 2nd floor has stunning views for miles and has enormous master with ensuite bath w/Jacuzzi, sitting room/office, & lg walk in closet. 2nd & 3rd bedrooms on 2nd flr have private sink area and share tub area. 4th bedroom on 2nd flr has walk-in closet and ensuite private bath. Basement has tons of cabinetry added in all rooms, a bathroom, and huge closets for storage. New energy star and newer appliances as well as new 75 gal hot water heater. 20 mins to Princeton/Hillsborough/Montgomery/Plainsboro/E. Brunswick/Monroe. Close to 287/train/bus and quick access to Rt 1. 5 mins to canal bike/walk trails.

Last Agent to Sell the Property

Pennie Smith

pennielee@att.net Keller Williams Real Estate - Princeton Listed on: 10/04/2014

Last Buyer's Agent

Pennie Smith

pennielee@att.net Keller Williams Real Estate - Princeton Listed on: 10/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,547

Year Built

  • Built in 1999

Lot Details

  • 2.41 Acre Lot
  • Level Lot
  • Flag Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,974 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Marble Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Play Equipment
  • Porch

Schools

  • Macafee Road Elementary School
  • Franklin Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00051
  • Assessor Parcel Number 08-00036 01-00051

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,547

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Custom Draperies,Shades,Blinds/Appliances(New Fridge/W/D!)/Chandeliers
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5974
  • Living Area Sq Ft: 5974
  • Net Sq Ft: 5974.00
  • Price Per Sq Ft: 125.54
  • Above Grade Finished Sq Ft: 5974
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Exterior Features: Street Lights, Satellite Dish, Play Equipment, Exterior Lighting
  • Roof: Pitched, Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: MACAFEE ROAD SCHOOL
  • High School: FRANKLIN TOWNSHIP

Lot Info

  • Improvement Assessed Value: 567100.00
  • Land Assessed Value: 199800.00
  • Lot Features: Flag, Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.41
  • Lot Dimensions: UNKNOWN
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104805.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: A

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3211242
  • Tax Annual Amount: 17547.00
  • Assessor Parcel Number: 08-00036 01-00051
  • Tax Lot: 00051
  • Tax Year: 2014

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2001
Sold by
Miles Lisa
Bought by
St John Talbot and Smith Pennie
Current Estimated Value
$1,282,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$159,431
Interest Rate
6.84%
Estimated Equity
$1,122,605

Purchase Details

Closed on
Jun 10, 1999
Sold by
Hovnanian K
Bought by
Miles Paul and Miles Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,250
Interest Rate
6.9%
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
St John Talbot $625,000 --
Miles Paul $457,355 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St John Talbot $400,000
Previous Owner Miles Paul $367,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2014 12/10/14 Sold $745,000 -0.7% $125 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $750,000 -- $126 / 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 $17,190 $1,184,800 $436,000 $748,800
2024 $17,190 $953,400 $394,000 $559,400
2023 $17,315 $900,900 $341,500 $559,400
2022 $16,674 $822,200 $262,800 $559,400
2021 $17,219 $780,200 $220,800 $559,400
2020 $17,388 $769,700 $210,300 $559,400
2019 $16,883 $738,200 $178,800 $559,400
2018 $17,052 $738,200 $178,800 $559,400
2017 $17,119 $738,200 $178,800 $559,400
2016 $17,267 $738,200 $178,800 $559,400
2015 $17,636 $759,200 $199,800 $559,400
2014 $17,547 $766,900 $199,800 $567,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003106716

Bright MLS

APN: 08-00036-01-00051