NOT LISTED FOR SALE

159 Philip Dr Princeton, NJ 08540

Estimated Value: $1,875,000 - $3,874,000

4 Beds
4.5 Baths
-- Sq Ft
0.66 Acres

Last Sold September 23, 2016

Last sale price $2,775,000

Est. 5% increase in value since last sale

Current estimated payment $21,517/month

85 Days on Market

Highlights

  • 197 Feet of Waterfront
  • In Ground Pool
  • 0.66 Acre Lot
  • Riverside Elementary School Rated A
  • Water Oriented
  • Traditional Architecture

About This Home

As of September 2016

Breathtaking views of Carnegie Lake beckon from nearly every room of this Arts and Crafts-style masterpiece, beautifully rendered by highly regarded architect Max Hayden, and master builder, Lewis Barber. Finely crafted, period architectural details - bespoke millwork, 5 fireplaces, artisan tile, transomed doorways - bring generously-proportioned rooms to life. A dramatic beamed ceiling, row of French doors, and opposing fireplaces lend a palatial air to the Great Room and dining room. Adjoining are a cathedral sunroom and a gourmet kitchen with a barrel-vaulted butler's pantry. The 1st floor master wing boasts every luxury, including a private laundry room. A coffered den introduces the lower level to 2 bedroom suites, wine cellar, gym, laundry and a light-filled work room. Perched on the upper floor are his and her studies, mahogany-sheathed library and a full bath. All 3 levels are served by an elevator. Elegant terraces allow in the ever-changing splendor of the lake, gardens, and grounds - a stunning backdrop to a pool and private hot tub.

Last Listed By

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 03/08/2016

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,652

Year Built

  • Built in 2002

Lot Details

  • 0.66 Acre Lot
  • 197 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Sloped Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Intercom

Eco-Friendly Details

  • Energy-Efficient Windows

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 14-07901-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,652

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Contact Listing Agent.
  • Inclusions: Refrigerator, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Remarks Public: Breathtaking views of Carnegie Lake beckon from nearly every room of this Arts and Crafts-style masterpiece, beautifully rendered by highly regarded architect Max Hayden, and master builder, Lewis Barber. Finely crafted, period architectural details - bespoke millwork, 5 fireplaces, artisan tile, transomed doorways - bring generously-proportioned rooms to life. A dramatic beamed ceiling, row of French doors, and opposing fireplaces lend a palatial air to the Great Room and dining room. Adjoining are a cathedral sunroom and a gourmet kitchen with a barrel-vaulted butler's pantry. The 1st floor master wing boasts every luxury, including a private laundry room. A coffered den introduces the lower level to 2 bedroom suites, wine cellar, gym, laundry and a light-filled work room. Perched on the upper floor are his and her studies, mahogany-sheathed library and a full bath. All 3 levels are served by an elevator. Elegant terraces allow in the ever-changing splendor of the lake, gardens, and grounds - a stunning backdrop to a pool and private hot tub.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Ceiling Fan(s), Whirlpool/Hottub, Elevator, Exposed Beams, Wet/Dry Bar, Intercom, Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace Features: Stone, Gas/Propane
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Main Floor, Lower Floor
  • Street Number Modifier: 159

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco, Stone
  • Access To Pool: Yes
  • Exterior Features: Hot Tub, Lawn Sprinkler, Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 197

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiant, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 1299200.00
  • Land Assessed Value: 1171500.00
  • Lot Features: Cul-De-Sac, Sloping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.66
  • Lot Dimensions: .66 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Outdoor Living Structures: Patio(s), Porch(es), Balcony
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145312
  • Tax Annual Amount: 54652.00
  • Assessor Parcel Number: 14-07901-00012
  • Tax Lot: 00012
  • Tax Year: 2015
  • Close Date: 09/23/2016

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Sep 23, 2016
Sold by
Blair David H and Blair Mary B
Bought by
Zhang Shudan and Zhang Shirley Wenwen
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$3,095,000
Sold Price
$2,775,000
Premium/Discount to List
-$320,000
-10.34%
Total Days on Market
85
Current Estimated Value
$2,924,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,595

Purchase Details

Closed on
Sep 4, 2001
Sold by
Hartwell Calcote
Bought by
Blair David and Blair Mary

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
Zhang Shudan $2,775,000 Title Village Title Agency L
Blair David $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blair David H $910,900
Previous Owner Blair David H $974,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $2,775,000 -10.3% --
06/01/2016 06/01/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $3,095,000 -- --
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 $61,746 $2,456,100 $1,266,500 $1,189,600
2023 $61,746 $2,456,100 $1,266,500 $1,189,600
2022 $59,732 $2,456,100 $1,266,500 $1,189,600
2021 $59,904 $2,456,100 $1,266,500 $1,189,600
2020 $62,250 $2,572,300 $1,266,500 $1,305,800
2019 $61,015 $2,572,300 $1,266,500 $1,305,800
2018 $59,986 $2,572,300 $1,266,500 $1,305,800
2017 $59,163 $2,572,300 $1,266,500 $1,305,800
2016 $58,237 $2,572,300 $1,266,500 $1,305,800
2015 $54,652 $2,470,700 $1,171,500 $1,299,200
2014 $53,985 $2,470,700 $1,171,500 $1,299,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003882835

Bright MLS

APN: 14-07901-0000-00012