NOT LISTED FOR SALE

156 Philip Dr Princeton, NJ 08540

Estimated Value: $2,386,000 - $3,610,000

5 Beds
4.5 Baths
-- Sq Ft
0.49 Acres

Last Sold August 01, 2019

Last sale price $2,725,000

Est. 9% increase in value since last sale

Current estimated payment $20,492/month

Highlights

  • 1 Boat Dock
  • Home fronts navigable water
  • Fishing Allowed
  • Riverside Elementary School Rated A
  • Canoe or Kayak Water Access
  • Gourmet Kitchen

About This Home

As of August 2019

Unsurpassed panoramic views of Lake Carnegie shimmer throughout this impeccable Riverside home. Enjoy watching American Bald Eagles fishing in your backyard. A 2004 transformation by builder Lewis Barber, renowned for his fine craftsmanship, has created one of the finest and most private lakefront homes in Princeton. Hardwoods, extensive windows, and custom built-ins fill every room with views and warm sophistication, from a front-to-back living room, 2-story dining room, fireside Great Room, and gourmet kitchen, with stainless appliances, glistening granite, and butler's pantry. Appreciate the glorious vista from the deck, tiered bluestone patios, and private dock, surrounded by established gardens. A large family room anchors the walk-out lower level, while the bedroom suite is sure to be every guest's dream. 3 of the 4 upstairs bedrooms showcase spectacular lake views, including the luxury master with a stone en suite. Wonderful extras include a state-of-the-art, indoor/outdoor sound system, back-up generator, geothermal heating and cooling. Located on a quiet cul-de-sac just 7 minutes away from the train.

Last Agent to Sell the Property

Amy Granato

(917) 848-8345 agranato@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1008855 Listed on: 04/09/2019

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Barbara Blackwell

(609) 915-5000 bblackwell@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8531203

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,180

Year Built

  • Built in 1950 | Remodeled in 2004

Lot Details

  • 0.49 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Lake Views
  • Attic

Kitchen

  • Gourmet Kitchen
  • Commercial Range
  • Six Burner Stove
  • Down Draft Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 14-07901-00011

Community Details

Overview

  • No Home Owners Association
  • Built by Lewis Barber Construction
  • Riverside Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,180

Year Built

Built in 1950 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Sculpture in backyard.
  • Inclusions: All kitchen appliances, light fixtures, window treatments as exist, hot tub, mounted televisions.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-04-09
  • Year Built: 1950
  • Year Renovated: 2004
  • Remarks Public: Unsurpassed panoramic views of Lake Carnegie shimmer throughout this impeccable Riverside home. Enjoy watching American Bald Eagles fishing in your backyard. A 2004 transformation by builder Lewis Barber, renowned for his fine craftsmanship, has created one of the finest and most private lakefront homes in Princeton. Hardwoods, extensive windows, and custom built-ins fill every room with views and warm sophistication, from a front-to-back living room, 2-story dining room, fireside Great Room, and gourmet kitchen, with stainless appliances, glistening granite, and butler's pantry. Appreciate the glorious vista from the deck, tiered bluestone patios, and private dock, surrounded by established gardens. A large family room anchors the walk-out lower level, while the bedroom suite is sure to be every guest's dream. 3 of the 4 upstairs bedrooms showcase spectacular lake views, including the luxury master with a stone en suite. Wonderful extras include a state-of-the-art, indoor/outdoor sound system, back-up generator, geothermal heating and cooling. Located on a quiet cul-de-sac just 7 minutes away from the train.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Curved Staircase, Crown Moldings, Double/Dual Staircase, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Great Room, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Outside Entrance, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 156

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Stucco
  • View: Lake
  • Water Access Features: Canoe/Kayak, Private Access, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Lake Carnegie
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal, Central A/C
  • Heating Fuel: Geo-Thermal
  • 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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON
  • 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: PRINCETON
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 912300.00
  • Land Assessed Value: 1239500.00
  • Lot Size Acres: 0.49
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R5

Building Info

  • Builder Name: Lewis Barber Construction

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145311
  • Tax Annual Amount: 50180.00
  • Assessor Parcel Number: 14-07901-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/01/2019

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 9, 2019
Sold by
Gleason Anthony and Li Jaiyi
Bought by
Weimer Patricia C
Seller's Agent
Amy Granato
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,850,000
Sold Price
$2,725,000
Premium/Discount to List
-$125,000
-4.39%
Current Estimated Value
$2,964,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,295
Avg. Annual Appreciation
1.37%
Original Mortgage
$1,400,000
Outstanding Balance
$923,548
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,040,747

Purchase Details

Closed on
Jul 8, 2015
Sold by
Gleason Anthony and Li Jiayi
Bought by
Gleason Anthony and Li Jiayi

Purchase Details

Closed on
Aug 1, 2011
Sold by
Majeski James and Majeski Barbara
Bought by
Gleason Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Windalew Llc
Bought by
Majeski James and Majeski Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.71%
Source: Public Records

Range of Values:

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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
Weimer Patricia C $2,725,000 Foundation Title Llc
Gleason Anthony -- Fidelity Natl Title Ins Co
Gleason Anthony $2,280,000 None Available
Majeski James $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weimer Patricia C $1,400,000
Previous Owner Gleason Anthony $1,000,000
Previous Owner Majeski James $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $2,725,000 -4.4% --
05/07/2019 05/07/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $2,850,000 -- --
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
2025 $57,302 $2,151,800 $1,239,500 $912,300
2024 $54,096 $2,151,800 $1,239,500 $912,300
2023 $54,096 $2,151,800 $1,239,500 $912,300
2022 $52,332 $2,151,800 $1,239,500 $912,300
2021 $52,482 $2,151,800 $1,239,500 $912,300
2020 $52,074 $2,151,800 $1,239,500 $912,300
2019 $51,041 $2,151,800 $1,239,500 $912,300
2018 $50,180 $2,151,800 $1,239,500 $912,300
2017 $49,491 $2,151,800 $1,239,500 $912,300
2016 $48,717 $2,151,800 $1,239,500 $912,300
2015 $46,094 $2,083,800 $1,144,500 $939,300
2014 $45,531 $2,083,800 $1,144,500 $939,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME275802

Bright MLS

APN: 14-07901-0000-00011