984 Mercer Rd Princeton, NJ 08540
Estimated Value: $1,296,000 - $1,504,000
4
Beds
5
Baths
--
Sq Ft
1.75
Acres
Highlights
- 1.75 Acre Lot
- Home fronts a canal
- Wood Flooring
- Johnson Park School Rated A+
- Colonial Architecture
- No HOA
About This Home
As of October 2020In collaboration with Max Hayden, the former architect owner of this Princeton colonial created a venue for elegant entertaining and functional day-to-day living. The original home was expanded and infused with personality through custom millwork, antique brick and a dynamic floor plan with sunken spaces that feel open, yet enveloping. Both the living and family rooms open to a blue stone slate patio featuring a fire pit and areas for hosting gatherings large and small. The eat-in kitchen is the handsome hub of the home with honed granite, double sinks, double pantries with Sub-Zero and Wolf appliances. French doors offer quietude to an adjoining office with library built-ins. While a formal dining featuring one of two fireplaces has been split to offer more functional space, it can easily be re-joined and is still spacious enough for holiday feasts. Oak flooring extends upstairs into a bedroom suite, two bedrooms with a shared bath and the ethereal master suite with cathedral ceiling and five windows looking out over the rear of the beautifully planted property. A travertine spa bath with seamless glass shower and a trio of closets complete the master package. Spilling out onto almost two acres bounded by Stony Brook in the rear, and flanked by four of Princeton's finest magnolias, the home has easy access to both Princeton's town center by bike or foot and big box stores by car or delivery. The home is wired for backup generator use in case of an emergency. Back yard is partly fenced too.
Last Agent to Sell the Property
Callaway Henderson Sotheby's Int'l-Princeton License #898424 Listed on: 05/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,988
Year Built
- Built in 1951
Lot Details
- 1.75 Acre Lot
- Home fronts a canal
- Property is zoned R1
Parking
- Driveway
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
Interior Spaces
- Property has 2 Levels
- Fireplace
- Wood Flooring
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Princeton East Subdivision
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 14-10102-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2020
Closed on
Oct 1, 2020
Sold by
Leighton Kenneth A and Leighton Diana D
Bought by
Harewood Laomi
Seller's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Beatrice Bloom
Weichert Realtors - Princeton
List Price
$1,160,000
Sold Price
$960,000
Premium/Discount to List
-$200,000
-17.24%
Total Days on Market
85
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
$438,177
Avg. Annual Appreciation
7.91%
Original Mortgage
$510,000
Outstanding Balance
$459,997
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$909,934
Purchase Details
Listed on
Oct 7, 2013
Closed on
May 30, 2014
Sold by
Westerman Peter and Westerman Maureen
Bought by
Leighton Kenneth A and Leighton Diana D
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Christina Phillips
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,150,000
Sold Price
$1,110,000
Premium/Discount to List
-$40,000
-3.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.25%
Original Mortgage
$1,125,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 2007
Sold by
Jones Joshua
Bought by
Andrews Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,536
Interest Rate
6.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2004
Sold by
Russell Geoffrey
Bought by
Jones Joshua and Jones Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.74%
Purchase Details
Closed on
Feb 27, 2004
Sold by
Kawalek Linda
Bought by
Russell Geoffrey and Debaun Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,900
Interest Rate
5.58%
Similar Homes in Princeton, NJ
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 |
|---|---|---|---|
| Harewood Laomi | $960,000 | State Title Services Llc | |
| Leighton Kenneth A | $1,110,000 | First American Title | |
| Andrews Frank | $325,000 | -- | |
| Jones Joshua | $640,000 | -- | |
| Russell Geoffrey | $540,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harewood Laomi | $510,000 | |
| Previous Owner | Leighton Kenneth A | $1,125,000 | |
| Previous Owner | Westernman Peter D | $677,375 | |
| Previous Owner | Westerman Peter | $711,536 | |
| Previous Owner | Westerman Peter | $200,000 | |
| Previous Owner | Jones Joshua | $500,000 | |
| Previous Owner | Russell Geoffrey | $333,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2020 10/13/20 | Sold | $960,000 | -6.8% | -- |
| 08/16/2020 08/16/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | Price Changed | $1,030,000 | -4.2% | -- |
| 07/27/2020 07/27/20 | Price Changed | $1,075,000 | -1.8% | -- |
| 06/18/2020 06/18/20 | Price Changed | $1,095,000 | -1.4% | -- |
| 06/04/2020 06/04/20 | Price Changed | $1,110,000 | -4.3% | -- |
| 05/22/2020 05/22/20 | For Sale | $1,160,000 | +4.5% | -- |
| 06/01/2014 06/01/14 | Sold | $1,110,000 | -3.5% | -- |
| 04/18/2014 04/18/14 | Pending | -- | -- | -- |
| 10/07/2013 10/07/13 | For Sale | $1,150,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $22,593 | $825,600 | $371,300 | $454,300 |
| 2023 | $22,593 | $898,700 | $444,400 | $454,300 |
| 2022 | $21,919 | $898,700 | $444,400 | $454,300 |
| 2021 | $21,919 | $898,700 | $444,400 | $454,300 |
| 2020 | $22,433 | $927,000 | $444,400 | $482,600 |
| 2019 | $21,988 | $927,000 | $444,400 | $482,600 |
| 2018 | $21,850 | $927,000 | $444,400 | $482,600 |
| 2017 | $20,987 | $927,000 | $444,400 | $482,600 |
| 2016 | $20,987 | $927,000 | $444,400 | $482,600 |
| 2015 | $20,505 | $927,000 | $444,400 | $482,600 |
| 2014 | $20,255 | $927,000 | $444,400 | $482,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Curtis
Seller's Agent in 2020
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
(609) 610-0809
5 in this area
154 Total Sales
-
Beatrice Bloom
Buyer's Agent in 2020
Beatrice Bloom
Weichert Corporate
(609) 577-2989
114 in this area
165 Total Sales
-
Kimberly Rizk
Seller's Agent in 2014
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
47 in this area
81 Total Sales
-
Christina Phillips
C
Buyer's Agent in 2014
Christina Phillips
Callaway Henderson Sotheby's Int'l-Princeton
(917) 208-5724
6 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: NJME295484
APN: 14-10102-0000-00010
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