NOT LISTED FOR SALE

16 Lavender Dr Princeton, NJ 08540

Estimated Value: $818,000 - $964,448

4 Beds
3.5 Baths
-- Sq Ft
0.25 Acres

Last Sold August 19, 2022

Last sale price $790,000

Est. 14% increase in value since last sale

Current estimated payment $6,207/month

Highlights

  • Fitness Center
  • Sauna
  • Clubhouse
  • Cambridge Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2022

This spectacular free standing Madison model in desirable Princeton Walk is situated on a tranquil, private lot. With an open concept floor plan, this home has been upgraded with ultra high end finishes. Enter the approx 1600 sq ft finished basement by the custom built stairs which includes a bedroom, family room, exercise room, sauna and full bath and walk out to the private back yard. Ash engineered hardwood flooring from Swedish manufacturer Kahrs in the basement family room. Two story great room with floor to ceiling windows and gas fireplace opens to a private 10 ft wide deck. First floor master bedroom with walk in closet, recently renovated bath including steam shower and jacuzzi tub. French doors off of the foyer open to an office with vaulted ceilings. The recently renovated gourmet kitchen with John Boos counters, Kitchen Aid Architect Series II stainless steel appliances and custom built cabinets opens to the dining area. The second floor includes two private bedrooms, hall bath and loft. All systems recently updated. Come and experience the Princeton Walk lifestyle including clubhouse with game and exercise rooms, indoor and outdoor pools, basketball courts, playgrounds, tennis courts and recreation paths all located within 10 minutes to downtown Princeton, convenient to major highways and public transportation to NYC and Philadelphia, 45 minutes to Newark International Airport.

Last Agent to Sell the Property

Ann Camille Lee

(609) 529-6146 camille.lee@foxroach.com Corcoran Sawyer Smith License #570094 Listed on: 05/22/2022

Last Buyer's Agent

NON MEMBER

NONMEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,256

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • Irregular Lot
  • Wooded Lot
  • Property is in excellent condition
  • Property is zoned RM-3

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Permanent Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Sauna
  • Home Gym
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub

Laundry

  • Gas Dryer
  • Washer

Schools

  • Cambridge Elementary School
  • Crossroads South Middle School
  • South Brunswick High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00122
  • Assessor Parcel Number 21-00096 04-00122

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Princeton Walk HOA
  • Princeton Walk Subdivision, Madison Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,256

Year Built

Built in 1996

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-22
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Remarks Public: This spectacular free standing Madison model in desirable Princeton Walk is situated on a tranquil, private lot. With an open concept floor plan, this home has been upgraded with ultra high end finishes. Enter the approx 1600 sq ft finished basement by the custom built stairs which includes a bedroom, family room, exercise room, sauna and full bath and walk out to the private back yard. Ash engineered hardwood flooring from Swedish manufacturer Kahrs in the basement family room. Two story great room with floor to ceiling windows and gas fireplace opens to a private 10 ft wide deck. First floor master bedroom with walk in closet, recently renovated bath including steam shower and jacuzzi tub. French doors off of the foyer open to an office with vaulted ceilings. The recently renovated gourmet kitchen with John Boos counters, Kitchen Aid Architect Series II stainless steel appliances and custom built cabinets opens to the dining area. The second floor includes two private bedrooms, hall bath and loft. All systems recently updated. Come and experience the Princeton Walk lifestyle including clubhouse with game and exercise rooms, indoor and outdoor pools, basketball courts, playgrounds, tennis courts and recreation paths all located within 10 minutes to downtown Princeton, convenient to major highways and public transportation to NYC and Philadelphia, 45 minutes to Newark International Airport.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Gas, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Engineered Wood, Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Sauna, Skylight(s), Soaking Tub, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Exercise Room, Great Room, Office
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 299.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Exercise Room, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Name: PRINCETON WALK HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • School District: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CAMBRIDGE
  • Middle School: CROSSROADS SOUTH
  • High School: SOUTH BRUNSWICK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396580
  • School District Source: 3rd Party
  • Elementary School: CAMBRIDGE
  • High School: SOUTH BRUNSWICK
  • Middle Or Junior School: CROSSROADS SOUTH

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 170400.00
  • Land Assessed Value: 90000.00
  • Lot Features: Irregular, Trees/Wooded
  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10894.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RM-3

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2763856
  • Tax Annual Amount: 13256.00
  • Assessor Parcel Number: 21-00096 04-00122
  • Tax Lot: 00122
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Aug 10, 2022
Sold by
Svetlana Petrov
Bought by
Mishra Ajay and Mishra Aparna
Seller's Agent
Ann Camille Lee
Corcoran Sawyer Smith
Buyer's Agent
NON MEMBER
NONMEM
List Price
$779,000
Sold Price
$790,000
Premium/Discount to List
$11,000
1.41%
Current Estimated Value
$899,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,862
Avg. Annual Appreciation
4.17%
Original Mortgage
$647,000
Outstanding Balance
$618,565
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$281,297

Purchase Details

Closed on
Oct 22, 2021
Sold by
Petrov Andrew and Petrov Svetlana
Bought by
Petrov Svetlana

Purchase Details

Closed on
Jan 18, 1996
Sold by
Eastern Homes
Bought by
Petrov Andrwe and Petrov Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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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
Mishra Ajay $790,000 None Listed On Document
Petrov Svetlana -- None Available
Petrov Andrwe $248,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Ajay $647,000
Previous Owner Petrov Andrwe $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $790,000 +1.4% --
05/26/2022 05/26/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $779,000 -- --
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 $14,265 $260,400 $90,000 $170,400
2024 $13,726 $260,400 $90,000 $170,400
2023 $13,726 $260,400 $90,000 $170,400
2022 $13,314 $260,400 $90,000 $170,400
2021 $13,257 $260,400 $90,000 $170,400
2020 $13,382 $260,400 $90,000 $170,400
2019 $13,499 $260,400 $90,000 $170,400
2018 $13,041 $260,400 $90,000 $170,400
2017 $13,020 $260,400 $90,000 $170,400
2016 $12,859 $260,400 $90,000 $170,400
2015 $12,416 $260,400 $90,000 $170,400
2014 $12,218 $260,400 $90,000 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2002474

Bright MLS

APN: 21-00096-04-00122