724 Route 518 Skillman, NJ 08558
Estimated Value: $1,357,958 - $1,727,000
5
Beds
4.5
Baths
4,430
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- 8.46 Acre Lot
- Deck
- Village Elementary School Rated A-
- Colonial Architecture
- Wooded Lot
About This Home
As of November 2016Major Price Reduction which is one the best values in Montgomery Twp. This brand new stunning 4430 SQ.FT Custom built Estate home, with a 1688 sq. ft. family room on the lower level. This luxury home sits on an 8.5 acre park like wooded lot tucked away on a prestigious private lane. This home is south facing and features, 5 bedrooms, 4 1/2 baths. Walk into an Impressive 2 story Gallery that is awash with natural light coming from a row of clerestory windows. The first floor features large living room, formal dining room and a very spacious library or office. The kitchen is a gourmet's delight with white and dark wood custom cabinets, a large island, top of the line appliances, granite counter tops and separate bar and eating areas. Adjacent to the kitchen is Great Room with 18 ft cathedral ceilings a custom made tear drop fire place surrounded by a fieldstone wall. Walk out of the great room onto a wrap around wooden deck overlooking acres of first growth forest. Home has 2 separate stairways including a custom built spiral staircase that provides access to all three floors. The second floor has a large master bedroom with a walk in closet and dressing area. The master bath has natural slate tile and flooring, and a large walk in shower, custom 2 sink vanity and soaking tub. There is a separate wing with 3 bedrooms served by 2 full baths and a 4th bedroom with an ensuite full bath. The spacious laundry room completes the 2nd floor. The lower level family room is completely finished and has separate rooms that can be used for home theater, play room or an exercise area. Solid Maple Hardwood floors throughout the home. The home has 2 separate heating and AC systems with 4 zones. The home has Anderson windows, Hardie Plank siding and a beautifully landscaped lot. Spectacular views from all sides of the home. All rooms are prewired for speakers and cable. Located just minutes from Princeton and part of the award winning Montgomery township schools.
Last Agent to Sell the Property
Weichert Realtors - Princeton License #572617 Listed on: 12/21/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,265
Year Built
- Built in 2014 | Newly Remodeled
Lot Details
- 8.46 Acre Lot
- South Facing Home
- Wooded Lot
- Property is in excellent condition
Parking
- 3 Car Attached Garage
- 3 Open Parking Spaces
- Garage Door Opener
Home Design
- Colonial Architecture
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,430 Sq Ft Home
- Property has 2 Levels
- Cathedral Ceiling
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on upper level
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Built-In Range
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Stone
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 4.5 Bathrooms
- Walk-in Shower
Outdoor Features
- Balcony
- Deck
- Exterior Lighting
Schools
- Orchard Hill Elementary School
- Montgomery Township High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 200+ Amp Service
- Well
- Natural Gas Water Heater
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
- Built by DEROCHI DESIGN BUILD
Listing and Financial Details
- Tax Lot 10.03
- Assessor Parcel Number 13-27001-01003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2015
Closed on
Nov 18, 2016
Sold by
518 Skillman Llc
Bought by
Patel Shohil and Patel Mukti
Seller's Agent
Joseph Plotnick
Weichert Realtors - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,099,000
Sold Price
$1,000,000
Premium/Discount to List
-$99,000
-9.01%
Total Days on Market
288
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
$547,240
Avg. Annual Appreciation
5.23%
Original Mortgage
$625,500
Outstanding Balance
$511,693
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,035,547
Purchase Details
Closed on
Jul 10, 2014
Sold by
Derochi Steven and Derochi Loretta
Bought by
518 Skillman Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Shohil | $1,000,000 | Trident Abstract Title Agenc | |
| 518 Skillman Llc | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Shohil | $625,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2016 11/23/16 | Sold | $1,000,000 | -4.7% | $226 / Sq Ft |
| 10/04/2016 10/04/16 | Pending | -- | -- | -- |
| 08/11/2016 08/11/16 | Price Changed | $1,049,000 | -4.5% | $237 / Sq Ft |
| 07/12/2016 07/12/16 | For Sale | $1,099,000 | 0.0% | $248 / Sq Ft |
| 07/08/2016 07/08/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | Price Changed | $1,099,000 | -8.3% | $248 / Sq Ft |
| 04/18/2016 04/18/16 | Price Changed | $1,199,000 | -14.3% | $271 / Sq Ft |
| 12/21/2015 12/21/15 | For Sale | $1,399,000 | -- | $316 / 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 | $27,037 | $788,700 | $250,000 | $538,700 |
| 2023 | $26,997 | $788,700 | $250,000 | $538,700 |
| 2022 | $25,420 | $788,700 | $250,000 | $538,700 |
| 2021 | $25,199 | $788,700 | $250,000 | $538,700 |
| 2020 | $24,986 | $788,700 | $250,000 | $538,700 |
| 2019 | $24,813 | $788,700 | $250,000 | $538,700 |
| 2018 | $24,229 | $788,700 | $250,000 | $538,700 |
| 2017 | $7,563 | $250,000 | $250,000 | $0 |
| 2016 | $7,430 | $250,000 | $250,000 | $0 |
| 2015 | $7,265 | $250,000 | $250,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Plotnick
J
Seller's Agent in 2016
Joseph Plotnick
Weichert Corporate
(732) 979-9116
3 in this area
11 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2016
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: 1002754374
APN: 13-27001-0000-00010-03
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