NOT LISTED FOR SALE

16 Teak Ln Princeton, NJ 08540

Estimated Value: $1,109,520 - $1,557,000

4 Beds
3.5 Baths
-- Sq Ft
1.39 Acres

Last Sold July 10, 2014

Last sale price $860,000

Est. 46% increase in value since last sale

Current estimated payment $8,293/month

94 Days on Market

Highlights

  • In Ground Pool
  • 1.39 Acre Lot
  • Deck
  • Lawrence High School Rated A-
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of July 2014

Take a sought after Lawrence neighborhood with a Princeton address that's near all the conveniences, couple it with this well-dressed home designed for entertainment and suddenly you can stop looking! On beautifully manicured resort-style grounds with a pool, expansive deck and a handy sun room with a summer kitchen, this home welcomes with elegant, inviting rooms. The family room's beamed ceiling and impressive stone fireplace creates a space tailored to relaxation. The living room with focal hearth fireplace and the dining room are both scaled for festive affairs. Functionality fills a well-organized kitchen roomy enough to allow multiple chefs to work at once. The bedroom wing is host to a sunny master featuring a lavish bathroom. Two of three other bedrooms contain whimsical lofts that are sure to please the youngest guests. The finished lower level is ideal as media room and a huge game room over the garage connects via a staircase to the pool and via a bridge to the bedrooms. ***Room next to the recreation room can be used as a 5th bedroom.

Last Agent to Sell the Property

Vanessa Shives

(609) 610-4465 vanessa.shives@gmail.com Queenston Realty, LLC License #571828 Listed on: 03/30/2014

Last Buyer's Agent

DOLORES RAMSEY

(609) 273-5870 dramsey@weidel.com Corcoran Sawyer Smith License #8733949

Corcoran Sawyer Smith

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,789

Year Built

  • Built in 1983

Lot Details

  • 1.39 Acre Lot
  • East Facing Home
  • Corner Lot
  • Sprinkler System
  • Property is in good condition
  • Property is zoned EP-2

Parking

  • 4 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 07-06801-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,789

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Double, Dishwasher, Refrigerator
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Master Bath(s), Kitchen - Island, Skylight(s), Exposed Beams, Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Upper Floor

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Hot Tub, Lawn Sprinkler
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 272800.00
  • Land Assessed Value: 155900.00
  • Lot Features: Corner
  • Lot Size Acres: 1.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60679.00
  • Outdoor Living Structures: Deck(s), Balcony
  • Property Condition: Good
  • Zoning: EP-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2136814
  • Tax Annual Amount: 16789.00
  • Assessor Parcel Number: 07-06801-00013
  • Tax Lot: 00013
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2014
Closed on
Jul 8, 2014
Sold by
Sleglen Jeffrey T and Sleglen Linda F
Bought by
Habibian Marjan
Seller's Agent
Vanessa Shives
Queenston Realty, LLC
Buyer's Agent
DOLORES RAMSEY
Corcoran Sawyer Smith
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%
Current Estimated Value
$1,251,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,880
Avg. Annual Appreciation
3.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Habibian Marjan $860,000 Foundation Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $860,000 -2.2% --
07/03/2014 07/03/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $879,000 -- --
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 $20,183 $651,500 $184,800 $466,700
2024 $19,780 $651,500 $184,800 $466,700
2023 $19,780 $651,500 $184,800 $466,700
2022 $19,421 $651,500 $184,800 $466,700
2021 $19,174 $651,500 $184,800 $466,700
2020 $18,907 $651,500 $184,800 $466,700
2019 $18,665 $651,500 $184,800 $466,700
2018 $18,242 $651,500 $184,800 $466,700
2017 $18,157 $651,500 $184,800 $466,700
2016 $17,890 $651,500 $184,800 $466,700
2015 $17,395 $648,500 $184,800 $463,700
2014 $16,991 $648,500 $184,800 $463,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002859624

Bright MLS

APN: 07-06801-0000-00013