NOT LISTED FOR SALE

87 Lafayette Rd Princeton, NJ 08540

Estimated Value: $2,057,000 - $2,302,000

5 Beds
3 Baths
-- Sq Ft
0.57 Acres

Last Sold December 22, 2017

Last sale price $1,275,000

Est. 70% increase in value since last sale

Current estimated payment $14,443/month

43 Days on Market

Highlights

  • Second Garage
  • Colonial Architecture
  • Attic
  • Community Park Elementary School Rated A+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of December 2017

A rare and wonderful find in the beloved Western Section, this sophisticated 5 bedroom home delights the imagination with its exciting combination of classic Princeton style and sleek European flair. Hardwood floors and sparkling sunshine fill airy formal rooms that have been beautifully renovated for modern life. In the kitchen, white lacquer cabinets are framed in dark wood, lovely against quartz counters and a pull-up island; stainless appliances and a turquoise glass tile backsplash add shine. Adjoining are an outfitted mudroom, dining room with a window seat, and the fireside living room - all with an easy, open flow. Send the younger set downstairs to the tiled family room, sized for a pool table and exiting to the tree-fringed backyard and patio. A 1st floor study and full bath may accommodate extended-stay guests, while 5 bedrooms and 2 baths upstairs include the master suite, which feels like a boutique hotel - its redone bath chic with twin vessel sinks and rubbed bronze hardware. A pergola connects 2 garages accommodating 3 vehicles.

Last Agent to Sell the Property

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 09/26/2017

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Patricia Hogan

Keller Williams Premier

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,682

Year Built

  • Built in 1960

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 162x154
  • Corner Lot
  • Level Lot
  • Open Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Direct Access Garage
  • Second Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Community Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 14-00002 03-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,682

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1960
  • Remarks Public: A rare and wonderful find in the beloved Western Section, this sophisticated 5 bedroom home delights the imagination with its exciting combination of classic Princeton style and sleek European flair. Hardwood floors and sparkling sunshine fill airy formal rooms that have been beautifully renovated for modern life. In the kitchen, white lacquer cabinets are framed in dark wood, lovely against quartz counters and a pull-up island; stainless appliances and a turquoise glass tile backsplash add shine. Adjoining are an outfitted mudroom, dining room with a window seat, and the fireside living room - all with an easy, open flow. Send the younger set downstairs to the tiled family room, sized for a pool table and exiting to the tree-fringed backyard and patio. A 1st floor study and full bath may accommodate extended-stay guests, while 5 bedrooms and 2 baths upstairs include the master suite, which feels like a boutique hotel - its redone bath chic with twin vessel sinks and rubbed bronze hardware. A pergola connects 2 garages accommodating 3 vehicles.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Lower Floor
  • Street Number Modifier: 87

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: 2nd Garage
  • Construction Materials: Aluminum Siding, Wood Siding
  • Access To Pool: No
  • Exterior Features: Street Lights, 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
  • Garage Features: Inside Access, Garage Door Opener
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 318200.00
  • Land Assessed Value: 772000.00
  • Lot Features: Corner, Level, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.57
  • Lot Dimensions: 162X154
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24947.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138381
  • Tax Annual Amount: 24682.00
  • Assessor Parcel Number: 14-00002 03-00006
  • Tax Lot: 00006
  • Tax Year: 2016
  • Close Date: 12/22/2017

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Dec 21, 2017
Sold by
Scholes Gregory Denton
Bought by
Pelc Wojciech S and Pelc Patricia Y
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Patricia Hogan
Keller Williams Premier
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%
Current Estimated Value
$2,169,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,008
Avg. Annual Appreciation
7.14%
Original Mortgage
$637,500
Outstanding Balance
$538,680
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,630,328

Purchase Details

Listed on
Nov 11, 2013
Closed on
Jun 13, 2014
Sold by
Scholes Tanya Melissa
Bought by
Scholes Gregory Denton
Seller's Agent
Robin Wallack
BHHS Fox & Roach - Princeton
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$1,295,000
Sold Price
$1,232,500
Premium/Discount to List
-$62,500
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$71,707
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
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
Pelc Wojciech S $1,275,000 Central Title Group Llc
Scholes Gregory Denton -- Foundation Title
Scholes Gregory Denton $1,232,500 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelc Wojciech S $637,500
Previous Owner Scholes Gregory Denton $71,707
Previous Owner Scholes Gregory Denton $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $1,275,000 -1.5% --
11/08/2017 11/08/17 For Sale $1,295,000 0.0% --
11/08/2017 11/08/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $1,295,000 +5.1% --
06/13/2014 06/13/14 Sold $1,232,500 -4.8% --
04/11/2014 04/11/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $1,295,000 0.0% --
01/01/2013 01/01/13 Rented $6,850 0.0% --
12/24/2012 12/24/12 Under Contract -- -- --
11/05/2012 11/05/12 For Rent $6,850 -- --
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 $31,772 $1,193,100 $777,000 $416,100
2024 $29,869 $1,193,100 $777,000 $416,100
2023 $29,869 $1,188,100 $777,000 $411,100
2022 $28,895 $1,188,100 $777,000 $411,100
2021 $28,978 $1,188,100 $777,000 $411,100
2020 $28,752 $1,188,100 $777,000 $411,100
2019 $27,480 $1,158,500 $777,000 $381,500
2018 $26,909 $1,153,900 $777,000 $376,900
2017 $26,540 $1,153,900 $777,000 $376,900
2016 $24,682 $1,090,200 $772,000 $318,200
2015 $23,817 $1,076,700 $772,000 $304,700
2014 $23,526 $1,076,700 $772,000 $304,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001252723

Bright MLS

APN: 14-00002-03-00006