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$849,000

Beds
3
Baths
3.5
sq ft
Unknown

1308 Great Rd, Princeton, NJ 08540

1308 Great Rd

PRINCETON, NJ 08540

  • 27 days on market
On a picturesque 3-acre corner set far off the road, this enchanting home strikes the perfect balance between country charm and modern convenience just a short drive from the vibrant heart of Princeton. The property boasts a delightful main house, a versatile summer guest cottage with a bathroom, and a vast barn that provides bounteous storage for vehicles and machinery. The barn also includes a versatile finished room, ideal for a home office, studio or gym, and a huge loft currently used as a music studio. An ambiance of rustic elegance fills the main house with welcoming warmth. The first-floor primary suite is a serene haven, offering a private bathroom, a skylit hallway lined with multiple closets, and a door to the patio. The family room, with its cozy bar area and built-ins, also has a Dutch door to the outdoors, inviting the beauty of nature inside. Living and dining rooms are more than ample to host holiday gatherings with ease and include a fireplace and a corner china cabinet. On the second floor, each bedroom offers its own personal sanctuary, complete with a private bathroom. The property's country kitchen and eclectic charm are seamlessly integrated with its convenient proximity to Princeton's restaurants, the university, shopping, culture, and theater. With a Princeton mailing address and within the highly regarded Montgomery school system, this is a rare find, a true haven where rustic meets refined. House is being sold strictly "as is"; please refer to the seller's disclosure. Updates to the sellers disclosure include: owners currently installing an brand new, advanced treatment septic system for 5-6 bedrooms and reconnecting water to the guest cottage. Also available is a passing water and radon tests, home inspection and smoke and carbon monoxide detector certification. One of the owners is a NJ licensed Realtor.

Details

Property type

Single Family Residence

Est. home value

$702,832

Lot size

3.1 acres

Price per sq ft

Unknown

Year built

1900

Annual property taxes

$17,987

HOA

No

Price History

10/18/2024
Bright

Bright #NJSO2003466

Listed
$849,000
-5.56%
06/14/2024
Bright

Bright #NJSO2002850

Removed
$899,000
04/17/2024
Bright

Bright #NJSO2002850

Pending
$899,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

MONTGOMERY H.S.

School district: 

MONTGOMERY TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$325,280
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$455,800
Cash to seller
$325,280

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$488,000

Est. remaining balance

$455,800

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

John F Cook and Elizabeth B Cook

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 4:55 PM

Listing updated: 10/31/2024 at 11:44 AM

Listed by: Stephen Thomas, Callaway Henderson Sotheby's Int'l-Princeton Phone #: (609) 921-1050

MLS: Bright #NJSO2003466

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