NOT LISTED FOR SALE

118 Cedar Ln Princeton, NJ 08540

Estimated Value: $1,306,012 - $1,617,000

4 Beds
2 Baths
2,100 Sq Ft
$688/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $995,000 $474 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,715/month

44 Days on Market

Highlights

  • Dutch Architecture
  • No HOA
  • Living Room
  • Riverside Elementary School Rated A
  • Den
  • En-Suite Primary Bedroom

About This Home

As of May 2019

This is the home that you always slow down to look at! This quintessential New England style house, fashioned in the design of Royal Barry Wills, is now being offered for sale. Walk up the perennial lined blue stone walk way and enter the home and you will be just as charmed with the inside as you are with the exterior. The large dining room with its traditional style fire place gives the air of formality but its gas insert adds convenience. Open to the kitchen, the room is perfect for entertaining. The kitchen has high end appliances such as Five Star six burner oven and GE refrigerator. The metal tile back splash gives the room a contemporary feel but like its white cabinets, it doesn t detract from the main focal point which is the view from the French door . the large blue stone patio and the amazing yard beyond. Enter the living room and you suddenly feel you are vacationing in Cape Cod or Nantucket. The painted tongue and groove vaulted ceiling adds to this feeling. Beyond the living room, is another space that is currently being used as an office.The bedroom wing is off the dining room. The hall bath has been renovated and has shiplap on walls for a nautical touch, tub/shower combo and a large closet for bathroom necessities. The master bedroom has its own entrance to the hall bath and ample closet space. The second bedroom is spacious and has a walk in closet. The second floor is home to two more bedrooms. There is a completely renovated bath here too. There are built in dressers and closets providing lots of storage.Natural light pours in from the windows at either end of the space as well as skylight at top of stairs. The exposed brick adds more character to the room. The basement is perfect for storage. Located in Riverside, close to elementary school, university and downtown, all you have to do is unpack!

Last Listed By

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 02/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,418

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Dutch Architecture
  • Frame Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Riverside Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00109
  • Assessor Parcel Number 14-00056 06-00109

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,418

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • Exclusions: drapes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Remarks Public: This is the home that you always slow down to look at! This quintessential New England style house, fashioned in the design of Royal Barry Wills, is now being offered for sale. Walk up the perennial lined blue stone walk way and enter the home and you will be just as charmed with the inside as you are with the exterior. The large dining room with its traditional style fire place gives the air of formality but its gas insert adds convenience. Open to the kitchen, the room is perfect for entertaining. The kitchen has high end appliances such as Five Star six burner oven and GE refrigerator. The metal tile back splash gives the room a contemporary feel but like its white cabinets, it doesn t detract from the main focal point which is the view from the French door . the large blue stone patio and the amazing yard beyond. Enter the living room and you suddenly feel you are vacationing in Cape Cod or Nantucket. The painted tongue and groove vaulted ceiling adds to this feeling. Beyond the living room, is another space that is currently being used as an office.The bedroom wing is off the dining room. The hall bath has been renovated and has shiplap on walls for a nautical touch, tub/shower combo and a large closet for bathroom necessities. The master bedroom has its own entrance to the hall bath and ample closet space. The second bedroom is spacious and has a walk in closet. The second floor is home to two more bedrooms. There is a completely renovated bath here too. There are built in dressers and closets providing lots of storage.Natural light pours in from the windows at either end of the space as well as skylight at top of stairs. The exposed brick adds more character to the room. The basement is perfect for storage. Located in Riverside, close to elementary school, university and downtown, all you have to do is unpack!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Office
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 2100
  • Price Per Sq Ft: 500.00
  • Above Grade Finished Sq Ft: 2100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 180400.00
  • Land Assessed Value: 566500.00
  • Lot Size Acres: 0.37
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16275.00
  • Year Assessed: 2018
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2141022
  • Tax Annual Amount: 17418.00
  • Assessor Parcel Number: 14-00056 06-00109
  • Tax Lot: 00109
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/31/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Jun 13, 2019
Sold by
Walsh Kevin and Walsh Macive
Bought by
Phillips Elliott Thomas and Phillips Elliott Marjorie
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Janet Stefandl
Compass New Jersey, LLC - Princeton
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Total Days on Market
44
Current Estimated Value
$1,445,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,253
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Fairsmith Christine
Bought by
Walsh Kevin and Walsh Maeve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Finkelstein Myron D and Finklestein Christine E
Bought by
Finkelstein Christine E

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
Phillips Elliott Thomas $995,000 Surety Title Company
Walsh Kevin $710,000 --
Finkelstein Christine E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Kevin $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $995,000 -5.2% $474 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $1,050,000 -- $500 / 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
2024 $19,494 $831,500 $566,500 $265,000
2023 $19,494 $775,400 $566,500 $208,900
2022 $18,858 $775,400 $566,500 $208,900
2021 $18,912 $775,400 $566,500 $208,900
2020 $18,765 $775,400 $566,500 $208,900
2019 $17,773 $749,300 $566,500 $182,800
2018 $17,418 $746,900 $566,500 $180,400
2017 $14,847 $645,500 $497,000 $148,500
2016 $14,614 $645,500 $497,000 $148,500
2015 $14,278 $645,500 $497,000 $148,500
2014 $14,104 $645,500 $497,000 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME265412

Bright MLS

APN: 14-00056-06-00109