NOT LISTED FOR SALE

1 Adams Dr Cranbury, NJ 08512

Estimated Value: $910,777 - $1,041,000

4 Beds
2.5 Baths
2,436 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $647,000 $266 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,167/month

95 Days on Market

Highlights

  • 0.92 Acre Lot
  • Colonial Architecture
  • 1 Fireplace
  • The Cranbury School Rated A
  • Marble Flooring
  • No HOA

About This Home

As of May 2019

Fully renovated, new windows, new roof, hardwood and marble floors, modern look and feel, stainless steel appliances, 1 acre lot in highly desirable Shadow Oaks neighborhood of Cranbury. Nothing to do but move in and unpack your bags. This 4 bedroom, 2 1/2 bath center hall colonial offers a very functional layout, generously sized rooms, eat-in kitchen with an island and plenty of counter space. A formal dining room, living room, family room with wood burning fireplace and laundry room with garage and backyard access complete the main level. Upstairs offers a master suite with walk-in and gentleman's closet, 3 additional bedrooms share the spacious hall bathroom. The basement is unfinished, with high ceilings and plenty of space for storage or could be converted into additional living space. Just minutes from downtown, historic Cranbury. Bused to Princeton High School. Blue-Ribbon K-8 Cranbury grade school.

Last Agent to Sell the Property

Kathleen Bonchev

(609) 271-0120 kate.bonchev@gmail.com Queenston Realty, LLC License #1328642 Listed on: 12/14/2018

Last Buyer's Agent

Kathleen Bonchev

(609) 271-0120 kate.bonchev@gmail.com Queenston Realty, LLC License #1328642 Listed on: 12/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,680

Year Built

  • Built in 1981 | Remodeled in 2018

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 170x235
  • North Facing Home
  • Property is in good condition
  • Property is zoned RLD1

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Shadow Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-00020 01-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,680

Year Built

Built in 1981 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2436
  • Living Area Sq Ft: 2436
  • Net Sq Ft: 2436.00
  • Price Per Sq Ft: 297.21
  • Above Grade Finished Sq Ft: 2436
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.92
  • Lot Dimensions: 170X235
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39950.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RLD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2584861
  • Tax Annual Amount: 10680.00
  • Assessor Parcel Number: 02-00020 01-00001
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: CRANBURY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
May 17, 2019
Sold by
Maxten Properties Llc
Bought by
Korotkov Roman and Farran Alexandra J
Seller's Agent
Kathleen Bonchev
Queenston Realty, LLC
Buyer's Agent
Kathleen Bonchev
Queenston Realty, LLC
List Price
$749,900
Sold Price
$647,000
Premium/Discount to List
-$102,900
-13.72%
Current Estimated Value
$1,003,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,444
Avg. Annual Appreciation
6.92%
Original Mortgage
$180,000
Outstanding Balance
$74,682
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$928,762

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jul 25, 2018
Sold by
Teifer Joseph D and Teifer Karen A
Bought by
Maxten Properties Llc
Seller's Agent
Linda Lemay-Kelly
Home Journey Realty
Buyer's Agent
Yechiel Schwartz
Investors Edge Realty
List Price
$599,000
Sold Price
$485,000
Premium/Discount to List
-$114,000
-19.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.27%
Original Mortgage
$461,500
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 15, 1990
Bought by
Teifer Joseph D and Teifer Karen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korotkov Roman $647,000 Foundation Title Llc
Maxten Properties Llc $485,000 Madison Title Agency Llc
Teifer Joseph D $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korotkov Roman $180,000
Previous Owner Maxten Properties Llc $461,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2019 05/17/19 Sold $647,000 -10.6% $266 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $724,000 -3.5% $297 / Sq Ft
12/14/2018 12/14/18 For Sale $749,900 +54.6% $308 / Sq Ft
07/03/2018 07/03/18 Sold $485,000 -2.8% $199 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Price Changed $499,000 0.0% $205 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $499,000 -13.2% $205 / Sq Ft
03/01/2018 03/01/18 Price Changed $575,000 -4.0% $236 / Sq Ft
01/22/2018 01/22/18 For Sale $599,000 -- $246 / 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
2025 $10,608 $578,400 $227,800 $350,600
2024 $10,457 $578,400 $227,800 $350,600
2023 $10,457 $578,400 $227,800 $350,600
2022 $10,307 $578,400 $227,800 $350,600
2021 $7,748 $578,400 $227,800 $350,600
2020 $10,296 $578,400 $227,800 $350,600
2019 $9,758 $542,400 $227,800 $314,600
2018 $10,680 $542,400 $227,800 $314,600
2017 $10,398 $542,400 $227,800 $314,600
2016 $10,485 $542,400 $227,800 $314,600
2015 $10,295 $542,400 $227,800 $314,600
2014 $10,333 $542,400 $227,800 $314,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX112754

Bright MLS

APN: 02-00020-01-00001