NOT LISTED FOR SALE

8 Governors Ln Princeton, NJ 08540

Estimated Value: $1,144,000 - $1,417,000

4 Beds
3.5 Baths
2,768 Sq Ft
$477/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $760,000 $275 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,600/month

89 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Eat-In Kitchen
  • Littlebrook Elementary School Rated A+
  • 2 Car Detached Garage
  • Patio

About This Home

As of July 2014

Luxury at it's finest! If your looking for the convenience of your own home without the maintenance....look no further! Meticulously built, brick front, 3 story, 4 bedroom, 3.5 bath townhome on Governor's Lane in Princeton! This elegant, end unit has fully finished basement adding 450 square feet. The expansive Clark Model also boasts high ceilings, hardwood, granite counter tops, and eat-in kitchen with steps leading to the private custom made paver patio. This home is extravagantly filled with beautiful chandeliers, two fireplaces, soaking tub, vast amount of closet space, and upgraded security system. Within walking distance to Princeton Shopping Center and close to Princeton University and public transportation. The seller is offering a 1 yr. Home Warranty and $3,000 towards the one time association fee.

Last Agent to Sell the Property

Carolyn Walsh

Weichert Realtors - Princeton License #1222597 Listed on: 02/18/2014

Weichert Realtors - Princeton

Last Buyer's Agent

Pamela Parsons

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,169

Year Built

  • Built in 1996

Lot Details

  • 0.3

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,768 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Marble Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is in good condition

Listing and Financial Details

  • Tax Lot 00014 08
  • Assessor Parcel Number 14-05601-00014 08

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,169

Year Built

Built in 1996

Lot Details

0

HOA Fees

$800 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1996
  • Remarks Public: Luxury at it's finest! If your looking for the convenience of your own home without the maintenance....look no further! Meticulously built, brick front, 3 story, 4 bedroom, 3.5 bath townhome on Governor's Lane in Princeton! This elegant, end unit has fully finished basement adding 450 square feet. The expansive Clark Model also boasts high ceilings, hardwood, granite counter tops, and eat-in kitchen with steps leading to the private custom made paver patio. This home is extravagantly filled with beautiful chandeliers, two fireplaces, soaking tub, vast amount of closet space, and upgraded security system. Within walking distance to Princeton Shopping Center and close to Princeton University and public transportation. The seller is offering a 1 yr. Home Warranty and $3,000 towards the one time association fee.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace Features: Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2768
  • Living Area Sq Ft: 2768
  • Net Sq Ft: 2768.00
  • Price Per Sq Ft: 281.43
  • Above Grade Finished Sq Ft: 2768
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 800.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175

Lot Info

  • Improvement Assessed Value: 490700.00
  • Land Assessed Value: 315000.00
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: OR2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2143183
  • Tax Annual Amount: 17169.00
  • Assessor Parcel Number: 14-05601-00014 08
  • Tax Lot: 00014 08
  • Tax Year: 2013
  • Close Date: 07/01/2014

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jul 1, 2014
Sold by
Phipps Monte K and Phipps Susan L
Bought by
Scott Ruth
Seller's Agent
Carolyn Walsh
Weichert Realtors - Princeton
Buyer's Agent
Pamela Parsons
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$779,000
Sold Price
$760,000
Premium/Discount to List
-$19,000
-2.44%
Current Estimated Value
$1,320,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,316
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Jun 2, 2005
Sold by
Engst Stephen
Bought by
Phipps Monte and Phipps Susan

Purchase Details

Closed on
Nov 15, 1999
Sold by
Bahder Paul
Bought by
Engst Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.68%

Purchase Details

Closed on
May 17, 1996
Sold by
Lane Governors
Bought by
Bahder Paul and Bahder Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

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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
Scott Ruth $760,000 Empire Title & Abstract Agen
Phipps Monte $850,000 --
Engst Stephen $520,000 --
Bahder Paul $452,546 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phipps Monte K $406,100
Previous Owner Engst Stephen $416,000
Previous Owner Bahder Paul $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $760,000 0.0% $275 / Sq Ft
05/19/2014 05/19/14 Off Market $760,000 -- --
05/18/2014 05/18/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $779,000 0.0% $281 / Sq Ft
07/01/2012 07/01/12 Rented $4,800 0.0% --
05/25/2012 05/25/12 Under Contract -- -- --
04/09/2012 04/09/12 For Rent $4,800 -- --
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 $19,938 $748,700 $275,000 $473,700
2024 $18,822 $748,700 $275,000 $473,700
2023 $18,822 $748,700 $275,000 $473,700
2022 $18,208 $748,700 $275,000 $473,700
2021 $18,261 $748,700 $275,000 $473,700
2020 $18,119 $748,700 $275,000 $473,700
2019 $17,759 $748,700 $275,000 $473,700
2018 $17,460 $748,700 $275,000 $473,700
2017 $17,114 $744,100 $275,000 $469,100
2016 $16,846 $744,100 $275,000 $469,100
2015 $16,459 $744,100 $275,000 $469,100
2014 $16,805 $769,100 $300,000 $469,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002812732

Bright MLS

APN: 14-05601-0000-00014-08