NOT LISTED FOR SALE

1 Cedar Brook Terrace Princeton, NJ 08540

Estimated Value: $1,152,000 - $1,476,063

5 Beds
3.5 Baths
3,941 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $937,500 $238 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,309/month

59 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Corner Lot
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of May 2012

On a distinguished lot in coveted Old Elm Ridge Park, this stunning Colonial has been expanded and renovated to perfection by architect Max Hayden. A gourmet kitchen is a chef's delight with Bosch & Viking appliances, granite counters, large island with wine storage, and a fireplace. The eat-in area flows into a great room with hardwood floors, fireplace and French doors to the bluestone patio, perfect for entertaining. A formal dining room, large sunken living room with fireplace and built-ins, screened-in-porch, smart mudroom and guest suite complete the main level. Upstairs, the master suite features a fireplace, walk-in closets and a lavish bath with large shower and soaking tub. Three additional bedroooms on the second and third floors and a separate large bonus space complete the floor plan. The meticulously landscaped 1.39 acre setting includes a beautiful new pool with hot tub and spa. For the most demanding buyer-3 car garage! Princeton mailing address!

Last Agent to Sell the Property

Amy Granato

Callaway Henderson Sotheby's Int'l-Princeton License #1008855 Listed on: 02/07/2012

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,162

Year Built

  • Built in 1960

Lot Details

  • 1.39 Acre Lot
  • Corner Lot
  • Property is in good condition
  • Property is zoned R150

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,941 Sq Ft Home
  • Property has 3 Levels
  • Marble Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Breezeway
  • Porch

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 06-00043 04-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,162

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Listing Agent For Details
  • Inclusions: See Listing Agent For Details
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: On a distinguished lot in coveted Old Elm Ridge Park, this stunning Colonial has been expanded and renovated to perfection by architect Max Hayden. A gourmet kitchen is a chef's delight with Bosch & Viking appliances, granite counters, large island with wine storage, and a fireplace. The eat-in area flows into a great room with hardwood floors, fireplace and French doors to the bluestone patio, perfect for entertaining. A formal dining room, large sunken living room with fireplace and built-ins, screened-in-porch, smart mudroom and guest suite complete the main level. Upstairs, the master suite features a fireplace, walk-in closets and a lavish bath with large shower and soaking tub. Three additional bedroooms on the second and third floors and a separate large bonus space complete the floor plan. The meticulously landscaped 1.39 acre setting includes a beautiful new pool with hot tub and spa. For the most demanding buyer-3 car garage! Princeton mailing address!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Kitchen - Eat-In
  • Fireplace Features: Brick, Marble
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3941
  • Living Area Sq Ft: 3941
  • Net Sq Ft: 3941.00
  • Price Per Sq Ft: 253.49
  • Above Grade Finished Sq Ft: 3941
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: HOPEWELL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 559100.00
  • Land Assessed Value: 329500.00
  • Lot Features: Corner
  • Lot Size Acres: 1.39
  • Lot Dimensions: 60621 FEET
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60548.00
  • Outdoor Living Structures: Patio(s), Porch(es), Breezeway
  • Property Condition: Good
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120721
  • Tax Annual Amount: 20162.00
  • Assessor Parcel Number: 06-00043 04-00005
  • Tax Lot: 00005
  • Tax Year: 2011
  • Close Date: 05/09/2012

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Apr 23, 2012
Sold by
Mcclatchy Charles Gregory and Mcclatchy Dawn
Bought by
Berkman Douglas S and Berkman Rachelle R
Seller's Agent
Amy Granato
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$999,000
Sold Price
$937,500
Premium/Discount to List
-$61,500
-6.16%
Current Estimated Value
$1,281,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,266
Avg. Annual Appreciation
2.38%
Original Mortgage
$750,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Mcclatchy Gregory C and Mcclatchy Dawn
Bought by
Mcclatchy Gregory C and Mcclatchy Dawn

Purchase Details

Closed on
Jan 20, 2006
Sold by
Brady Paul
Bought by
Mcclatchey Charles and Mcclatchey Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.31%

Purchase Details

Closed on
Dec 16, 2004
Sold by
Carlson Wayne
Bought by
Brady Paul and Brady Linda

Purchase Details

Closed on
Jul 11, 2002
Sold by
Bruns Beverly
Bought by
Carlson Wayne and Carlson Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

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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
Berkman Douglas S $937,500 None Available
Mcclatchy Gregory C -- --
Mcclatchey Charles $1,360,000 --
Brady Paul $1,250,000 --
Carlson Wayne $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkman Douglas S $887,000
Closed Berkman Douglas S $200,000
Closed Berkman Douglas S $748,000
Closed Berkman Douglas S $750,000
Previous Owner Mcclatchy Charles Gregory $417,000
Previous Owner Mcclatchy Charles Gregory $183,000
Previous Owner Mcclatchey Charles $700,000
Previous Owner Carlson Wayne $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2012 05/09/12 Sold $937,500 -6.2% $238 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $999,000 -- $253 / 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 $28,053 $909,800 $350,700 $559,100
2024 $27,156 $888,600 $329,500 $559,100
2023 $27,156 $888,600 $329,500 $559,100
2022 $26,596 $888,600 $329,500 $559,100
2021 $27,182 $888,600 $329,500 $559,100
2020 $26,525 $888,600 $329,500 $559,100
2019 $25,876 $888,600 $329,500 $559,100
2018 $25,396 $888,600 $329,500 $559,100
2017 $24,703 $888,600 $329,500 $559,100
2016 $23,352 $888,600 $329,500 $559,100
2015 $23,592 $888,600 $329,500 $559,100
2014 $23,104 $888,600 $329,500 $559,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003838840

Bright MLS

APN: 06-00043-04-00005