NOT LISTED FOR SALE

151 Cedar Ln Princeton, NJ 08540

Estimated Value: $1,155,983 - $1,238,000

4 Beds
2.5 Baths
2,078 Sq Ft
$576/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $913,000 $439 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,957/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Efficiency Studio
  • Riverside Elementary School Rated A
  • No HOA
  • Formal Dining Room

About This Home

As of September 2021

Beautiful peonies along the front walkway welcome you to this well-kept classic colonial house with 4 beds 2.5 baths on a quiet corner lot. Spacious living room with centered fireplace and functional built-ins. Updated kitchen with granite countertop and stainless steel appliances. Have meals in the bright dining room right next to the kitchen. The family room with bay window and built-ins is a great place for media and play. The multi-functional bonus room could be used as a mudroom, a formal dining room, a playroom, just to name it. Second floor features 4 bedrooms and 2 bathrooms. Three of the bedrooms share a well sized hall bath. The separated master bedroom with a bath en suite offers privacy. New windows in 2013. Spray foam insulation in 2014. Full bathrooms were renovated in 2013. Hardwood floor throughout. Checkout the house improvement for all improvement details. Walking distance to Riverside Elementary School, downtown Princeton and the PU campus.

Last Listed By

JINGHUA LI

Queenston Realty, LLC License #1751865 Listed on: 06/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,136

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R5

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,078 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Wood Burning Fireplace
  • Brick Fireplace
  • Double Hung Windows
  • Bay Window
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Efficiency Studio

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Play Equipment

Schools

  • Riverside Elementary School
  • Prin. Midd Middle School
  • P.H.S. High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 14-08702-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,136

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-26
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Beautiful peonies along the front walkway welcome you to this well-kept classic colonial house with 4 beds 2.5 baths on a quiet corner lot. Spacious living room with centered fireplace and functional built-ins. Updated kitchen with granite countertop and stainless steel appliances. Have meals in the bright dining room right next to the kitchen. The family room with bay window and built-ins is a great place for media and play. The multi-functional bonus room could be used as a mudroom, a formal dining room, a playroom, just to name it. Second floor features 4 bedrooms and 2 bathrooms. Three of the bedrooms share a well sized hall bath. The separated master bedroom with a bath en suite offers privacy. New windows in 2013. Spray foam insulation in 2014. Full bathrooms were renovated in 2013. Hardwood floor throughout. Checkout the house improvement for all improvement details. Walking distance to Riverside Elementary School, downtown Princeton and the PU campus.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Dryer - Front Loading, Oven/Range - Gas, Range Hood, Water Heater
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Built-Ins, Efficiency, Family Room Off Kitchen, Formal/Separate Dining Room, Dining Area, Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Double Hung
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System, Sump Pump
  • Laundry Type: Basement
  • Total Sq Ft: 2078
  • Living Area Sq Ft: 2078
  • Price Per Sq Ft: 439.36
  • Above Grade Finished Sq Ft: 2078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 151

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
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Exterior Features: Play Equipment, Secure Storage
  • 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: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • 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
  • Association Recreation Fee: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: PRIN. MIDD
  • High School: P.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
  • High School: P.H.S.
  • Middle Or Junior School: PRIN. MIDD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 161800.00
  • Land Assessed Value: 381000.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145643
  • Tax Annual Amount: 13136.00
  • Assessor Parcel Number: 14-08702-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1856
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/02/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Sep 1, 2021
Sold by
Qian Lipeng and Ding Lingyun
Bought by
Jenkins Jesse D and Fowler Alisha W
Seller's Agent
JINGHUA LI
Queenston Realty, LLC
Buyer's Agent
Beatrice Bloom
Weichert Realtors - Princeton
List Price
$929,000
Sold Price
$913,000
Premium/Discount to List
-$16,000
-1.72%
Total Days on Market
4
Current Estimated Value
$1,197,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,496
Avg. Annual Appreciation
5.25%
Original Mortgage
$635,000
Outstanding Balance
$603,316
Interest Rate
2.7%
Mortgage Type
Unknown
Estimated Equity
$502,052

Purchase Details

Listed on
May 18, 2013
Closed on
Aug 22, 2013
Sold by
Slack William C and Smyth Katya Fels
Bought by
Qian Lipeng and Ding Lingyun
Seller's Agent
Margaret Hill
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Douglas Koo
BHHS Fox & Roach - Princeton
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$476,000
Interest Rate
3.44%
Mortgage Type
New Conventional

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
Jenkins Jesse D $913,000 Empire Ttl & Abstract Agcy L
Qian Lipeng $595,000 Title Authority Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Jesse D $100,000
Open Jenkins Jesse David $635,000
Closed Jenkins Jesse D $635,000
Previous Owner Qian Lipeng $476,000
Previous Owner Fels Margaret F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $913,000 -1.7% $439 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $929,000 +56.1% $447 / Sq Ft
08/22/2013 08/22/13 Sold $595,000 0.0% --
07/26/2013 07/26/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $595,000 -- --
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 $15,051 $598,700 $403,500 $195,200
2023 $15,051 $598,700 $403,500 $195,200
2022 $14,560 $598,700 $403,500 $195,200
2021 $14,602 $598,700 $403,500 $195,200
2020 $13,136 $542,800 $381,000 $161,800
2019 $12,776 $538,600 $381,000 $157,600
2018 $12,560 $538,600 $381,000 $157,600
2017 $12,151 $528,300 $381,000 $147,300
2016 $11,820 $522,100 $381,000 $141,100
2015 $11,549 $522,100 $381,000 $141,100
2014 $11,408 $522,100 $381,000 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000642

Bright MLS

APN: 14-08702-0000-00015