J
Seller's Agent in 2019
Joan Loraine Otis
Callaway Henderson Sotheby's Int'l-Princeton
(908) 415-3062
5 in this area
7 Total Sales
61 Westcott Rd Princeton, NJ 08540
Estimated Value: $2,561,000 - $2,804,000
5
Beds
5.5
Baths
--
Sq Ft
0.73
Acres
Highlights
- Traditional Architecture
- No HOA
- Breakfast Room
- Community Park Elementary School Rated A+
- Den
- Living Room
About This Home
As of November 2019This picturesque colonial is set in the heart of Princeton's western section, on a quiet curve of Westcott Road. With substantial additions by Michael Graves and local architect Ron Berlin, this property represents an unusual marriage of the classic and the dynamic. A generous open family room/kitchen designed by Graves with floor to ceiling windows brings view of the deep, English park-inspired rear garden, right in. Generous public rooms in traditional style flank the front entrance on the first floor and lend themselves to parties large and small. The first floor also features a glass-framed study with more exquisite garden views, a windowed octagon, perfect for sun-accompanied breakfasts and a 2 car garage converted to living space for a variety of pursuits. Three bedrooms on the second floor include a front-to-back master with two marble baths ensuite, one elegantly designed with a vaulted ceiling, double tub and adjacent dressing area. A second bedroom, also Graves-designed, has curved bookcases and an incredible floor to ceiling wall mural by Graves. The adjacent 'jack-and-jill' bath connects to a third light-filled bedroom. The top floor offers two more bedrooms, one with a vaulted ceiling, and a shared full bath, ready for the younger set. A truly unusual offering, now at a great new price, this property is not to be missed!!
Last Agent to Sell the Property
(908) 415-3062 lotis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1109772 Listed on: 08/05/2019
Last Buyer's Agent
(908) 415-3062 lotis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1109772 Listed on: 08/05/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,825
Year Built
- Built in 1920
Lot Details
- 0.73 Acre Lot
- Lot Dimensions are 97.00 x 326.00
- Property is zoned R1
Home Design
- Traditional Architecture
- Flat Roof Shape
- Pitched Roof
- Slate Roof
- Metal Roof
- Stucco
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- Brick Fireplace
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Den
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Basement
- Partial Basement
- Crawl Space
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Driveway
Utilities
- Cooling System Utilizes Natural Gas
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating and Cooling System
- Radiator
- Hot Water Baseboard Heater
- Hot Water Heating System
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 14-00003 01-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2019
Closed on
Nov 7, 2019
Sold by
Schwab Helmut and Schwab Eva Maria
Bought by
Danos Olivier and Danos Elise Peltekian
Seller's Agent
Joan Loraine Otis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Joan Loraine Otis
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,490,000
Sold Price
$1,325,000
Premium/Discount to List
-$165,000
-11.07%
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
$1,320,026
Avg. Annual Appreciation
11.82%
Original Mortgage
$927,500
Outstanding Balance
$817,725
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,734,958
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 |
|---|---|---|---|
| Danos Olivier | $1,325,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Danos Olivier | $927,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2019 11/12/19 | Sold | $1,325,000 | -11.1% | -- |
| 08/05/2019 08/05/19 | For Sale | $1,490,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $32,819 | $1,232,400 | $808,500 | $423,900 |
| 2024 | $30,983 | $1,232,400 | $808,500 | $423,900 |
| 2023 | $30,983 | $1,232,400 | $808,500 | $423,900 |
| 2022 | $29,972 | $1,232,400 | $808,500 | $423,900 |
| 2021 | $29,875 | $1,224,900 | $808,500 | $416,400 |
| 2020 | $29,643 | $1,224,900 | $808,500 | $416,400 |
| 2019 | $32,371 | $1,364,700 | $808,500 | $556,200 |
| 2018 | $31,825 | $1,364,700 | $808,500 | $556,200 |
| 2017 | $31,388 | $1,364,700 | $808,500 | $556,200 |
| 2016 | $28,789 | $1,271,600 | $793,000 | $478,600 |
| 2015 | $28,128 | $1,271,600 | $793,000 | $478,600 |
| 2014 | $27,784 | $1,271,600 | $793,000 | $478,600 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Loraine Otis
Map
Source: Bright MLS
MLS Number: NJME283596
APN: 14-00003-01-00014
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