NOT LISTED FOR SALE

11 Balsam Ln Princeton, NJ 08540

Estimated Value: $1,251,000 - $1,668,000

3 Beds
2 Baths
1,776 Sq Ft
$791/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $1,110,000 $625 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,394/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Rambler Architecture
  • No HOA
  • Riverside Elementary School Rated A
  • Mud Room
  • Screened Porch

About This Home

As of October 2021

Fantastic Princeton location in coveted Riverside neighborhood. This 3 bedroom 2 full bath ranch has lots to offer. On more than a half acre lot, walk to Riverside Elementary School, Princeton University and Nassau Street. Brick facade, front porch, back paver patio, professionally landscaped. Interior space features primary bedroom with en suite updated bathroom, 2 other bedrooms and a updated full bath complete the one side of the home. The large foyer transitions the sleeping space with the living space - large living room with fireplace, formal dining room, family room which can be used as a home office, an updated eat in kitchen. Oversized 2 car garage just off the kitchen. Catch up on events of day on the 3 season back porch, which can also serve as a play area or additional office/study space. Full basement (acessed from inside) ,freshly painted and ready for storage or finishing, and a laundry room. Bilco doors also provide external access. Hardwood floors throughout. An exceptional home in a prime location!

Last Listed By

Lisa Theodore

Compass New Jersey, LLC - Princeton Listed on: 09/03/2021

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,710

Year Built

  • Built in 1958

Lot Details

  • 0.53 Acre Lot
  • West Facing Home
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Active Radon Mitigation

Interior Spaces

  • 1,776 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior Basement Entry
  • Drainage System
  • Sump Pump
  • Basement Windows

Schools

  • Riverside Elementary School

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 14-08706-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,710

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: all applainces on site
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-09-03
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic Princeton location in coveted Riverside neighborhood. This 3 bedroom 2 full bath ranch has lots to offer. On more than a half acre lot, walk to Riverside Elementary School, Princeton University and Nassau Street. Brick facade, front porch, back paver patio, professionally landscaped. Interior space features primary bedroom with en suite updated bathroom, 2 other bedrooms and a updated full bath complete the one side of the home. The large foyer transitions the sleeping space with the living space - large living room with fireplace, formal dining room, family room which can be used as a home office, an updated eat in kitchen. Oversized 2 car garage just off the kitchen. Catch up on events of day on the 3 season back porch, which can also serve as a play area or additional office/study space. Full basement (acessed from inside) ,freshly painted and ready for storage or finishing, and a laundry room. Bilco doors also provide external access. Hardwood floors throughout. An exceptional home in a prime location!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Active Radon Mitigation, Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Foyer, Bedroom 1, Laundry, Mud Room, Bathroom 1, Bathroom 2, Screened Porch
  • Basement: Yes
  • Basement Type: Daylight, Partial, Drainage System, Full, Interior Access, Sump Pump, Unfinished, Walkout Stairs, Windows
  • Total Sq Ft: 1776
  • Living Area Sq Ft: 1776
  • Price Per Sq Ft: 506.70
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Garden/Lawn, Street, Trees/Woods
  • 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
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Elementary School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 178800.00
  • Land Assessed Value: 553000.00
  • Lot Size Acres: 0.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23087.00
  • Year Assessed: 2020
  • Zoning: R5

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145710
  • Tax Annual Amount: 17710.00
  • Assessor Parcel Number: 14-08706-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1776
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 11, 2021
Sold by
Heiba Adel and Heiba Karem
Bought by
Schatz Nathan and Bobzien Susanne
Seller's Agent
Lisa Theodore
Compass New Jersey, LLC - Princeton
Buyer's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$899,900
Sold Price
$1,110,000
Premium/Discount to List
$210,100
23.35%
Total Days on Market
5
Current Estimated Value
$1,404,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,306
Avg. Annual Appreciation
2.98%
Original Mortgage
$900,000
Outstanding Balance
$836,578
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,567

Purchase Details

Closed on
Jan 7, 2000
Sold by
Heiba El Ahmadi
Bought by
Heiba Luise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.15%

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
Schatz Nathan $1,110,000 Old Republic Natl Ttl Ins Co
Heiba Luise $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schatz Nathan $900,000
Previous Owner Heiba Luise $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,110,000 +23.3% $625 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $899,900 0.0% $507 / Sq Ft
09/01/2018 09/01/18 Rented $4,000 -4.8% --
08/28/2018 08/28/18 Under Contract -- -- --
08/06/2018 08/06/18 For Rent $4,200 -- --
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 $18,397 $774,100 $553,000 $221,100
2023 $18,397 $731,800 $553,000 $178,800
2022 $17,797 $731,800 $553,000 $178,800
2021 $17,849 $731,800 $553,000 $178,800
2020 $17,710 $731,800 $553,000 $178,800
2019 $17,358 $731,800 $553,000 $178,800
2018 $17,066 $731,800 $553,000 $178,800
2017 $16,831 $731,800 $553,000 $178,800
2016 $16,568 $731,800 $553,000 $178,800
2015 $14,873 $672,400 $503,000 $169,400
2014 $14,692 $672,400 $503,000 $169,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000984

Bright MLS

APN: 14-08706-0000-00004