NOT LISTED FOR SALE

15 Madison St Princeton, NJ 08542

Estimated Value: $1,629,559 - $1,840,000

4 Beds
2.5 Baths
-- Sq Ft
4,205 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $1,450,000

Est. 18% increase in value since last sale

Current estimated payment $11,136/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • Commercial Range
  • Wood Flooring
  • Community Park Elementary School Rated A+
  • Open Floorplan
  • Victorian Architecture

About This Home

As of January 2023

Princeton’s most charming in-town street, one block from cafes and shops, is where you’ll find a turn-key treasure that masterfully merges past and present. Reimagining the main level through the lens of a modern urbanite, while carefully preserving turn-of-the-century details, this character-rich Victorian was reborn in 2016. Since then, current owners refined the aesthetic and further upgraded the most heavily used spaces, including the kitchen and baths. Open wood ceilings are a rustic counterpoint to steel beams in the openly flowing dining and living spaces, which culminate in a wall of glass. Outside, lush plantings edge the deck and obscure parking for up to 3 cars, complete with a charging station. Thanks to paneled appliances and custom cabinetry topped with a combination of honed quartz and Cambria Quartzite, the working space of the chef’s kitchen has a furniture-quality warmth that looks great within the surroundings. Be sure to peek at the pantry, powder room and office alcove hidden within the paneled wall. Upstairs, custom hallway built-ins maximize storage outside 2 flexibly-configured bedrooms and the main suite. Both tastefully renovated bathrooms remain utterly pristine. The hall bath smartly houses the laundry and the main bath is perfectly planned with a floating dual vanity and rain shower. A 4th top floor bedroom is so big and bright, it can easily house guests and serve as an out-of-the-way family room retreat or office. It’s even pre-plumbed to accommodate a 3rd full bath! Smart lighting and thermostats are further perks that serve a modern lifestyle.

Last Agent to Sell the Property

Susan DiMeglio

Callaway Henderson Sotheby's Int'l-Princeton License #9702048 Listed on: 11/25/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,719

Year Built

  • Built in 1900

Lot Details

  • 4,205 Sq Ft Lot
  • Lot Dimensions are 29.00 x 145.00
  • Property is zoned R4

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Commercial Range
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Dryer
  • Front Loading Washer

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Schools

  • Community Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00052
  • Assessor Parcel Number 14-00028 03-00052

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,719

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Window treatments, appliances
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-11-25
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Princeton’s most charming in-town street, one block from cafes and shops, is where you’ll find a turn-key treasure that masterfully merges past and present. Reimagining the main level through the lens of a modern urbanite, while carefully preserving turn-of-the-century details, this character-rich Victorian was reborn in 2016. Since then, current owners refined the aesthetic and further upgraded the most heavily used spaces, including the kitchen and baths. Open wood ceilings are a rustic counterpoint to steel beams in the openly flowing dining and living spaces, which culminate in a wall of glass. Outside, lush plantings edge the deck and obscure parking for up to 3 cars, complete with a charging station. Thanks to paneled appliances and custom cabinetry topped with a combination of honed quartz and Cambria Quartzite, the working space of the chef’s kitchen has a furniture-quality warmth that looks great within the surroundings. Be sure to peek at the pantry, powder room and office alcove hidden within the paneled wall. Upstairs, custom hallway built-ins maximize storage outside 2 flexibly-configured bedrooms and the main suite. Both tastefully renovated bathrooms remain utterly pristine. The hall bath smartly houses the laundry and the main bath is perfectly planned with a floating dual vanity and rain shower. A 4th top floor bedroom is so big and bright, it can easily house guests and serve as an out-of-the-way family room retreat or office. It’s even pre-plumbed to accommodate a 3rd full bath! Smart lighting and thermostats are further perks that serve a modern lifestyle.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Commercial Range, Dishwasher, Dryer, Oven - Self Cleaning, Refrigerator, Range Hood, Stainless Steel Appliances, Washer - Front Loading
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Tub Shower, Soaking Tub, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK 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: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 339500.00
  • Land Assessed Value: 510000.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 29.00 x 145.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4205.00
  • Year Assessed: 2021
  • Zoning: R4

Green Features

  • Clean Green Assessed: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2139503
  • Tax Annual Amount: 20719.00
  • Assessor Parcel Number: 14-00028 03-00052
  • Tax Lot: 00052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/27/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Stewart Olga and Stewart Brandon Michael
Bought by
Brandon Stewart Living Trust and Stewart
Current Estimated Value
$1,708,843

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 23, 2023
Sold by
John And Shaun Sparacio Living Trust
Bought by
Stewart Brandon Michael and Russakovsky Olga
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,450,000
Sold Price
$1,450,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$821,715
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2020
Sold by
Sparacio John J and Sparacio Shaun M
Bought by
Sparacio John James and Sparacio Shaun Marie

Purchase Details

Listed on
May 19, 2018
Closed on
Aug 27, 2018
Sold by
Gilbert Stephen W and Hartshorne Jennifer T
Bought by
Sparacio John J and Sparacio Sharun
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$920,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Kaple Deborah A and Centeno Miguel A
Bought by
Gilbert Stephen W and Hartshorne Jennifer T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Centeno Miguel A and Kaple Deborah A
Bought by
Kaple Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.73%

Purchase Details

Closed on
Jul 26, 2002
Sold by
Princeton University
Bought by
Centeno Miguel and Kapi Deborah

Purchase Details

Closed on
Dec 2, 1999
Sold by
Lechner Rosemarie
Bought by
Centeno Miguel and Kaple Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,835
Interest Rate
7.71%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brandon Stewart Living Trust -- None Listed On Document
Brandon Stewart Living Trust -- None Listed On Document
Stewart Brandon Michael $1,450,000 Chicago Title
Sparacio John James -- None Available
Sparacio John J $1,150,000 Amepire Title & Abstract Age
Gilbert Stephen W $675,000 Foundation Title Llc
Kaple Deborah A -- --
Centeno Miguel $16,160 --
Centeno Miguel $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Brandon Michael $821,715
Previous Owner Sparacio John J $920,000
Previous Owner Gilbert Stephen W $400,000
Previous Owner Kaple Deborah A --
Previous Owner Centeno Miguel $172,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,450,000 0.0% --
12/02/2022 12/02/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $1,450,000 +26.1% --
08/27/2018 08/27/18 Sold $1,150,000 -3.8% --
06/30/2018 06/30/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $1,195,000 -- --
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 $21,356 $917,500 $510,000 $407,500
2023 $21,356 $849,500 $510,000 $339,500
2022 $20,719 $849,500 $510,000 $339,500
2021 $20,719 $849,500 $510,000 $339,500
2020 $20,558 $849,500 $510,000 $339,500
2019 $20,150 $849,500 $510,000 $339,500
2018 $17,555 $752,800 $495,000 $257,800
2017 $15,698 $682,500 $495,000 $187,500
2016 $15,354 $678,200 $495,000 $183,200
2015 $15,002 $678,200 $495,000 $183,200
2014 $14,819 $678,200 $495,000 $183,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2024744

Bright MLS

APN: 14-00028-03-00052