NOT LISTED FOR SALE

8 Stout Rd Princeton, NJ 08540

Estimated Value: $2,149,000 - $2,996,000

5 Beds
8 Baths
6,650 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $1,675,000 $252 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $18,484/month

46 Days on Market

Highlights

  • Sauna
  • Colonial Architecture
  • Cathedral Ceiling
  • Hopewell Valley Central High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2012

Vacation at home just a stone's throw from downtown Princeton, in a prestigious enclave with a Princeton address. This gracious home sits atop the hill, boasting all of the amenities one could possibly want; brazilian cherry floors throughout, rich custom mouldings and paneled wainscoting, artisan-crafted mantels surrounding 5 fireplaces, a granite and stainless kitchen and family room, breakfast room with sumptuous views, and a maintenance-free deck and large patio for outdoor entertaining. Living room, dining room, sitting rooms, libraries, media room, bedrooms and baths galore abound. The 3-car garage leads to an outfitted mudroom, with custom light cherry cabinetry. The main floor has; a front-to-back light-filled foyer/entrance hall with wide arched doorways, neutral silk wallcoverings from Europe, custom blinds and draperies, all of which convey. The amazing lower level provides; 1 fully equipped fitness center, 1 cardio/aerobic/yoga or dance studio, sauna, full bath, wine cellar and a tasting room.

Last Agent to Sell the Property

Laura Huntsman

Callaway Henderson Sotheby's Int'l-Princeton License #9909029 Listed on: 04/16/2012

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Christina M. Callaway

Callaway Henderson Sotheby's Int'l-Princeton License #9805308

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,601

Year Built

  • Built in 2003

Lot Details

  • 3.17 Acre Lot
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned MRC

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 6,650 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Marble Fireplace
  • Gas Fireplace
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

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

Flooring

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 8 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

Schools

  • Timberlane Middle School
  • Central High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006 03
  • Assessor Parcel Number 06-00040 02-00006 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,601

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Only 2 Pieces Of Gym Equipment, Dining Rm. Chandelier
  • Inclusions: Lighting, Window Treatments, Appliances, Media & Sound, Gym Equip.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2003
  • Remarks Public: Vacation at home just a stone's throw from downtown Princeton, in a prestigious enclave with a Princeton address. This gracious home sits atop the hill, boasting all of the amenities one could possibly want; brazilian cherry floors throughout, rich custom mouldings and paneled wainscoting, artisan-crafted mantels surrounding 5 fireplaces, a granite and stainless kitchen and family room, breakfast room with sumptuous views, and a maintenance-free deck and large patio for outdoor entertaining. Living room, dining room, sitting rooms, libraries, media room, bedrooms and baths galore abound. The 3-car garage leads to an outfitted mudroom, with custom light cherry cabinetry. The main floor has; a front-to-back light-filled foyer/entrance hall with wide arched doorways, neutral silk wallcoverings from Europe, custom blinds and draperies, all of which convey. The amazing lower level provides; 1 fully equipped fitness center, 1 cardio/aerobic/yoga or dance studio, sauna, full bath, wine cellar and a tasting room.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Stain/Lead Glass, Whirlpool/Hottub, Sauna, Wet/Dry Bar, Dining Area
  • Window Features: Energy Efficient
  • Fireplace Features: Marble, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 2
  • Room Count: 21
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 6650
  • Living Area Sq Ft: 6650
  • Net Sq Ft: 6650.00
  • Price Per Sq Ft: 263.16
  • Above Grade Finished Sq Ft: 6650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 5
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • 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
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 1086800.00
  • Land Assessed Value: 658500.00
  • Lot Features: Level, Sloping, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 3.17
  • Lot Dimensions: 3.17 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 138085.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: MRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120602
  • Tax Annual Amount: 39601.00
  • Assessor Parcel Number: 06-00040 02-00006 03
  • Tax Lot: 00006 03
  • Tax Year: 2011
  • Close Date: 08/17/2012

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Aug 10, 2012
Sold by
Evard John E and Evard Beth L
Bought by
Lynch John A and Lynch Deborah L
Seller's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Christina M. Callaway
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,750,000
Sold Price
$1,675,000
Premium/Discount to List
-$75,000
-4.29%
Total Days on Market
46
Current Estimated Value
$2,572,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,952
Avg. Annual Appreciation
3.40%
Original Mortgage
$1,000,000
Outstanding Balance
$62,080
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$2,510,873

Purchase Details

Closed on
Feb 17, 2004
Sold by
Kelnik Builders Inc
Bought by
Evard John and Evard Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.36%

Purchase Details

Closed on
Dec 15, 2001
Sold by
Dunton Alan
Bought by
Kelnik Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,400
Interest Rate
7.04%

Purchase Details

Closed on
Sep 13, 1999
Sold by
Mount Rose Hopewell Holdings L
Bought by
Dunton Alan and Tee Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.8%
Source: Public Records

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Range of Values:

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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
Lynch John A $1,675,000 None Available
Evard John $2,500,000 --
Kelnik Builders Inc $445,000 --
Dunton Alan $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch John A $400,000
Open Lynch John A $1,000,000
Previous Owner Evard John E $400,000
Previous Owner Evard John E $1,375,000
Previous Owner Evard John $1,500,000
Previous Owner Kelnik Builders Inc $799,400
Previous Owner Dunton Alan $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $1,675,000 -4.3% $252 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $1,750,000 -- $263 / 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
2024 $49,312 $1,613,600 $526,800 $1,086,800
2023 $49,312 $1,613,600 $526,800 $1,086,800
2022 $48,295 $1,613,600 $526,800 $1,086,800
2021 $49,360 $1,613,600 $526,800 $1,086,800
2020 $48,166 $1,613,600 $526,800 $1,086,800
2019 $46,988 $1,613,600 $526,800 $1,086,800
2018 $46,117 $1,613,600 $526,800 $1,086,800
2017 $44,858 $1,613,600 $526,800 $1,086,800
2016 $42,405 $1,613,600 $526,800 $1,086,800
2015 $42,841 $1,613,600 $526,800 $1,086,800
2014 $41,954 $1,613,600 $526,800 $1,086,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003942986

Bright MLS

APN: 06-00040-02-00006-03