P
Seller's Agent in 2022
Phoebe Lee
BHHS Fox & Roach
(609) 933-8398
2 in this area
5 Total Sales
1 Teak Ln Princeton, NJ 08540
Estimated Value: $882,772 - $1,007,000
4
Beds
4
Baths
3,044
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- Vinyl Pool
- 1.33 Acre Lot
- Tudor Architecture
- Lawrence High School Rated A-
- Wood Flooring
- Corner Lot
About This Home
As of July 2022Set on a roomy 1.33-acre lot in the desirable Foxcroft neighborhood, 1 Teak Lane offers over 3,000 square feet of living space that includes four bedrooms, two full and two half baths and a first-floor den that’s ideal for work-from-home days. While the exterior enjoys some of the distinctive hallmarks of a Tudor with a gabled roof line and half-timbered facade, the interior floor plan enjoys the familiarity of a colonial, with an open floor plan living room and dining room to one side of the foyer and the den to the other. The kitchen has granite countertops and newer cabinetry. Sliding glass doors lead from the breakfast area to a covered patio, allowing for al fresco dining rain or shine. The family room has a brick raised hearth corner fireplace for cozy evenings in. Sliding glass doors lead from the family room to a deck. The second level hosts the primary bedroom suite, three additional bedrooms and a hall bath with dual sinks. The primary bedroom has two closets and an en suite bath. All bedrooms have hardwood floors and have been freshly painted. A finished basement provides additional recreation space, but during the summer you’ll most likely be lounging poolside, enjoying the spacious patio area surrounding the heated in-ground pool. The pool has a new liner. Car enthusiasts will appreciate that in addition to a two-car attached garage, there is also a detached three-car garage. The location is convenient to downtown Lawrenceville and the esteemed Lawrenceville School, a quick under-fifteen-minute drive to downtown Princeton, ten-minute drive to Hamilton Train Station with service to Philadelphia and NYC and a fifteen-minute drive to Trenton-Mercer Airport.
Last Agent to Sell the Property
(609) 933-8398 phoebe.lee@foxroach.com BHHS Fox & Roach - Princeton License #229772 Listed on: 05/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,892
Year Built
- Built in 1982
Lot Details
- 1.33 Acre Lot
- Corner Lot
- Level Lot
- Property is in good condition
- Property is zoned EP-2
Parking
- 5 Garage Spaces | 2 Attached and 3 Detached
- Side Facing Garage
- Garage Door Opener
Home Design
- Tudor Architecture
- Block Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 3,044 Sq Ft Home
- Property has 2 Levels
- Brick Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
- Finished Basement
- Basement Fills Entire Space Under The House
- Laundry on main level
Flooring
- Wood
- Stone
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Pool
- Vinyl Pool
Schools
- Lawrence High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
- On Site Septic
- Cable TV Available
Community Details
- No Home Owners Association
- Foxcroft Subdivision
Listing and Financial Details
- Tax Lot 00037
- Assessor Parcel Number 07-06701-00037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2023
Bought by
Li Xue Hao and Wang Ye
Current Estimated Value
Purchase Details
Listed on
May 18, 2022
Closed on
Jul 22, 2022
Sold by
Geiter Sr Michael T
Bought by
Li Xue Hao
Seller's Agent
Phoebe Lee
BHHS Fox & Roach - Princeton
Buyer's Agent
suk fun Chiu
Realty Mark Central, LLC
List Price
$695,000
Sold Price
$677,500
Premium/Discount to List
-$17,500
-2.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Purchase Details
Listed on
Aug 26, 2017
Closed on
Jan 3, 2018
Sold by
Y&Y Homes Llc
Bought by
Geiter Michael T and Zhao Xinmei
Seller's Agent
Lisa Candella-Hulbert
BHHS Fox & Roach - Princeton
Buyer's Agent
Fay Smith
BHHS Fox & Roach - Haddonfield
List Price
$549,000
Sold Price
$449,000
Premium/Discount to List
-$100,000
-18.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$359,200
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2017
Sold by
Persichill Carlo and Persichill Angela
Bought by
Y&Y Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Li Xue Hao | -- | Fidelity National Title | |
| Li Xue Hao | -- | Fidelity National Title | |
| Li Xue Hao | $677,500 | Title Authority | |
| Li Xue Hao | $677,500 | Title Authority | |
| Geiter Michael T | $449,000 | None Available | |
| Y&Y Homes Llc | $374,500 | Suceessful Abstract |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Geiter Michael T | $359,200 | |
| Previous Owner | Y&Y Homes Llc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $677,500 | -2.5% | $223 / Sq Ft | |
| 06/11/2022 06/11/22 | Pending | -- | -- | -- | |
| 05/18/2022 05/18/22 | For Sale | $695,000 | +54.8% | $228 / Sq Ft | |
| 12/18/2017 12/18/17 | Sold | $449,000 | 0.0% | $148 / Sq Ft | View Prior Sale |
| 11/02/2017 11/02/17 | Pending | -- | -- | -- | |
| 10/16/2017 10/16/17 | Price Changed | $449,000 | -10.0% | $148 / Sq Ft | |
| 09/13/2017 09/13/17 | Price Changed | $499,000 | -9.1% | $164 / Sq Ft | |
| 08/26/2017 08/26/17 | For Sale | $549,000 | -- | $180 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $16,729 | $540,000 | $191,500 | $348,500 |
| 2024 | $16,394 | $540,000 | $191,500 | $348,500 |
| 2023 | $16,394 | $540,000 | $191,500 | $348,500 |
| 2022 | $16,097 | $540,000 | $191,500 | $348,500 |
| 2021 | $15,892 | $540,000 | $191,500 | $348,500 |
| 2020 | $17,090 | $588,900 | $191,500 | $397,400 |
| 2019 | $16,872 | $588,900 | $191,500 | $397,400 |
| 2018 | $16,489 | $588,900 | $191,500 | $397,400 |
| 2017 | $16,413 | $588,900 | $191,500 | $397,400 |
| 2016 | $16,171 | $588,900 | $191,500 | $397,400 |
| 2015 | $15,724 | $588,900 | $191,500 | $397,400 |
| 2014 | $15,429 | $588,900 | $191,500 | $397,400 |
Source: Public Records
Agents Affiliated with this Home
-
Phoebe Lee
-
Rena Yang
Seller Co-Listing Agent in 2022
Rena Yang
BHHS Fox & Roach
(609) 240-3586
1 in this area
11 Total Sales
-
suk fun Chiu
s
Buyer's Agent in 2022
suk fun Chiu
Realty Mark Central, LLC
(718) 213-9029
1 in this area
4 Total Sales
-
Lisa Candella-Hulbert
Seller's Agent in 2017
Lisa Candella-Hulbert
BHHS Fox & Roach
(609) 865-2291
6 in this area
101 Total Sales
-
Fay Smith
Buyer's Agent in 2017
Fay Smith
BHHS Fox & Roach
(856) 986-7927
56 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2016908
APN: 07-06701-0000-00037
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