NOT LISTED FOR SALE

992 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,136,821 - $1,846,000

5 Beds
2.5 Baths
-- Sq Ft
2.6 Acres

Last Sold July 25, 2013

Last sale price $804,878

Est. 74% increase in value since last sale

Current estimated payment $9,439/month

44 Days on Market

Highlights

  • 2.6 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Johnson Park School Rated A+
  • Deck
  • 1 Fireplace

About This Home

As of July 2013

Discover this spacious colonial surrounded by green acres and privacy. A lovely foyer introduces a fabulous back to front living room boasting a large dining room facing the rural landscape. The eat in kitchen, and great family room with cozy wood burning stove are just the beginning. There are 5 bedrooms and 2.5 full baths,a two car attached garage and full basement. Additionally, this home boasts a rental apartment with one bedroom, full bath plus a great room. A rare opportunity in Princeton! Two properties owned by the same family offered for sale. A third lot, land locked by these two,is also available. These homes can be purchased individually or as a package. A ranch, currently rented, (See MLS#6198342) is the perfect companion to this property and a great opportunity to combine acreage for a minor sub division. The land locked parcel plus the two homes create an 8 acre package! For information regarding 3-way purchase call LA.

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 04/05/2013

Co-Listed By

Susan Gordon

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Charan Bajwa

RE/MAX One License #0338666

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,836

Year Built

  • Built in 1968

Lot Details

  • 2.6 Acre Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-10102-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,836

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dr Chandelier
  • New Construction: No
  • Year Built: 1968
  • Remarks Public: Discover this spacious colonial surrounded by green acres and privacy. A lovely foyer introduces a fabulous back to front living room boasting a large dining room facing the rural landscape. The eat in kitchen, and great family room with cozy wood burning stove are just the beginning. There are 5 bedrooms and 2.5 full baths,a two car attached garage and full basement. Additionally, this home boasts a rental apartment with one bedroom, full bath plus a great room. A rare opportunity in Princeton! Two properties owned by the same family offered for sale. A third lot, land locked by these two,is also available. These homes can be purchased individually or as a package. A ranch, currently rented, (See MLS#6198342) is the perfect companion to this property and a great opportunity to combine acreage for a minor sub division. The land locked parcel plus the two homes create an 8 acre package! For information regarding 3-way purchase call LA.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Street Number Modifier: 992

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 300000.00
  • Land Assessed Value: 523300.00
  • Lot Size Acres: 2.60
  • Lot Dimensions: 2.6
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 113256.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2146457
  • Tax Annual Amount: 16836.00
  • Assessor Parcel Number: 14-10102-00009
  • Tax Lot: 00009
  • Tax Year: 2012
  • Close Date: 07/25/2013

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 16, 2013
Sold by
Geoffrey Russell J and Debaun Katharine H
Bought by
Bajwa Gurpreet and Bajwa Charan
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Charan Bajwa
RE/MAX One
List Price
$825,000
Sold Price
$804,878
Premium/Discount to List
-$20,122
-2.44%
Total Days on Market
44
Current Estimated Value
$1,399,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,577
Avg. Annual Appreciation
4.76%
Original Mortgage
$482,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bajwa Gurpreet $804,878 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajwa Gurpreet $450,000
Closed Bajwa Gurpreet $400,000
Closed Bajwa Gurpreet $250,000
Closed Bajwa Gurpreet $100,000
Closed Bajwa Gurpreet $482,400
Previous Owner Geoffrey Russel J $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $804,878 -2.4% --
05/19/2013 05/19/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $825,000 -- --
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 $19,441 $705,900 $405,900 $300,000
2023 $19,441 $773,300 $473,300 $300,000
2022 $18,807 $773,300 $473,300 $300,000
2021 $18,861 $773,300 $473,300 $300,000
2020 $18,714 $773,300 $473,300 $300,000
2019 $18,343 $773,300 $473,300 $300,000
2018 $18,033 $773,300 $473,300 $300,000
2017 $17,786 $773,300 $473,300 $300,000
2016 $17,508 $773,300 $473,300 $300,000
2015 $17,105 $773,300 $473,300 $300,000
2014 $16,897 $773,300 $473,300 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003399250

Bright MLS

APN: 14-10102-0000-00009