Seller's Agent in 2018
Eva Petruzziello
BHHS Fox & Roach
(609) 865-3696
2 in this area
26 Total Sales
16 Park Place Princeton, NJ 08542
Estimated Value: $1,821,000 - $1,992,000
5
Beds
4.5
Baths
2,598
Sq Ft
$725/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Corner Lot
- Community Park Elementary School Rated A+
- 1 Fireplace
- No HOA
About This Home
As of May 2018Beautiful and updated Victorian home in Princeton town center, just a short distance from Palmer Square. This home sits on a quiet corner lot and it has a front porch, side and rear patios and a 3rd floor deck for your outdoor enjoyment and relaxation! The main floor has a large living room and dining room area for family gatherings and entertaining. There are many windows in both rooms and there is a gas fireplace in the dining rm. Newly refinished hardwood floors throughout the entire house. The gourmet kitchen has cherry cabinets, granite center island, ceaser stone solid surface countertops and new top of the line stainless steel appliances. A powder room and a mud room with custom cabinetry complete the first level. The second floor has 4 spacious and bright bedrooms and 3 full baths. The master bedroom has 2 closets and an updated bathroom with large shower and double sink. The additional 3 bedrooms are spacious with ample closet space. There is a beautifully done, brand new bathroom with a large shower and a double vanity, an updated third bathroom with deep tub and a laundry area with front-loading high-efficiency washer and dryer as well as additional closet storage space. The third level has two additional rooms which can be used as home office, play room, study or perfect for guest rooms! Ample insulated attic storage closets and French doors leading to a roof deck for a perfect relaxing hideout! Attached to the home there is an efficiency apartment with separate entry, separate address and laundry area in the full bsmt. Rented for $935/mo. by previous owner, it can also be used as an au-pair or inlaw suite, guest apartment or separate office. There is a one car attached garage and additional off street parking for 2 cars. The back yard has a stone patio with built-in plumbing for a natural gas grill and there is also an additional patio by the side yard for your outdoor entertaining and enjoyment. The interior and exterior of the home have been recently painted along with professional landscaping of garden beds. The patio stones have been replaced as well as the back staircase. This home is in excellent condition and ready for the most discerning buyer.....it could be you!
Last Agent to Sell the Property
BHHS Fox & Roach - Princeton License #8630604 Listed on: 02/06/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,241
Year Built
- Built in 1910
Lot Details
- 4,131 Sq Ft Lot
- Lot Dimensions are 51x81
- Corner Lot
- Side Yard
- Property is in good condition
- Property is zoned R4
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Colonial Architecture
- Victorian Architecture
- Pitched Roof
- Wood Siding
Interior Spaces
- 2,598 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Home Security System
Kitchen
- Eat-In Kitchen
- Cooktop
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
Laundry
- Laundry Room
- Laundry on upper level
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Patio
- Porch
Schools
- Community Park Elementary School
- Princeton High School
Utilities
- Central Air
- Heating System Uses Gas
- Hot Water Heating System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00045
- Assessor Parcel Number 14-00028 02-00045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2025
Sold by
16 Park Place Llc
Bought by
Strouse Adam and Strouse Margarite
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,698,617
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Estimated Equity
$167,702
Purchase Details
Listed on
Feb 6, 2018
Closed on
May 24, 2018
Sold by
Smith Benjamin P and Smith Melanie M
Bought by
Place 16 Park
Seller's Agent
Eva Petruzziello
BHHS Fox & Roach - Princeton
Buyer's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,275,000
Sold Price
$1,300,000
Premium/Discount to List
$25,000
1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Purchase Details
Listed on
Feb 24, 2014
Closed on
Jul 30, 2014
Sold by
Nadeau Theodore R and Thoft Kirsten C
Bought by
Smith Benjamin P and Smith Melanie M
Seller's Agent
DAVID SCHRAYER
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Eva Petruzziello
BHHS Fox & Roach - Princeton
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$385,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 1, 1995
Sold by
Lucas Peter G
Bought by
Nadeau Theodore R and Thoft Kirsten C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.23%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strouse Adam | $1,900,000 | American Land Title | |
| Strouse Adam | $1,900,000 | American Land Title | |
| Place 16 Park | $1,300,000 | Empire Title & Abstract Agen | |
| Smith Benjamin P | $1,100,000 | Multiple | |
| Nadeau Theodore R | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strouse Adam | $1,700,000 | |
| Closed | Strouse Adam | $1,700,000 | |
| Previous Owner | Smith Benjamin P | $250,000 | |
| Previous Owner | Smith Benjamin P | $313,900 | |
| Previous Owner | Smith Benjamin P | $385,000 | |
| Previous Owner | Nadeau Theodore R | $417,000 | |
| Previous Owner | Nadeau Theodore R | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2018 05/24/18 | Sold | $1,300,000 | +2.0% | $500 / Sq Ft |
| 02/12/2018 02/12/18 | Pending | -- | -- | -- |
| 02/07/2018 02/07/18 | For Sale | $1,275,000 | 0.0% | $491 / Sq Ft |
| 02/06/2018 02/06/18 | For Sale | $1,275,000 | +15.9% | $491 / Sq Ft |
| 07/30/2014 07/30/14 | Sold | $1,100,000 | -6.4% | $423 / Sq Ft |
| 07/01/2014 07/01/14 | Price Changed | $1,175,000 | 0.0% | $452 / Sq Ft |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- |
| 03/27/2014 03/27/14 | Pending | -- | -- | -- |
| 02/24/2014 02/24/14 | For Sale | $1,175,000 | -- | $452 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $24,167 | $961,300 | $508,000 | $453,300 |
| 2023 | $24,167 | $961,300 | $508,000 | $453,300 |
| 2022 | $23,379 | $961,300 | $508,000 | $453,300 |
| 2021 | $23,446 | $961,300 | $508,000 | $453,300 |
| 2020 | $23,263 | $961,300 | $508,000 | $453,300 |
| 2019 | $23,627 | $996,100 | $508,000 | $488,100 |
| 2018 | $18,495 | $793,100 | $493,000 | $300,100 |
| 2017 | $18,241 | $793,100 | $493,000 | $300,100 |
| 2016 | $17,732 | $783,200 | $493,000 | $290,200 |
| 2015 | $17,324 | $783,200 | $493,000 | $290,200 |
| 2014 | $17,113 | $783,200 | $493,000 | $290,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-4807
45 in this area
80 Total Sales
-
D
Seller's Agent in 2014
DAVID SCHRAYER
Coldwell Banker Residential Brokerage - Princeton
-
W
Seller Co-Listing Agent in 2014
William Chulamanis
Coldwell Banker Residential Brokerage - Princeton
(609) 577-2319
47 Total Sales
Map
Source: Bright MLS
MLS Number: 1000119866
APN: 14-00028-02-00045
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