NOT LISTED FOR SALE

16 Valley Rd Princeton, NJ 08540

Estimated Value: $1,391,000 - $1,641,000

4 Beds
3.5 Baths
3,233 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $495,000 $153 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $10,440/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 2 Fireplaces
  • Community Park Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of July 2020

A thoroughly renovated and delightfully reimagined home in a fabulous location within walking distance to downtown Princeton and public schools presents an irresistible package complete with open concept floor plan, two gas fireplaces, second-floor laundry room with sliding barn door entry and beautiful stone patio. Oversized windows and recessed lighting brighten the home while honey-toned hardwood floors throughout provide warmth and a neutral palette upon which to build your decor. The kitchen features a stainless steel KitchenAid appliance package, quartz countertops, white cabinets, stylish gray tile backsplash and a large center island with seating and storage. Sliding glass doors from the open kitchen and family room lead to the patio as well as to thoughts of al fresco dining and outdoor entertaining in the warmer months to come. Upstairs, the master suite offers a sumptuous master bath with soaking tub, oversized shower with seamless glass doors and a rain shower head with additional hand held shower and dual sinks. A massive walk-in closet provides plenty of storage, while a second closet features built-in shelves. A Jack-and-Jill suite and a princess suite share the second floor with the master suite and the laundry room. A Belgian block lined driveway leads to the two-car garage with carriage style door, completing the home.

Last Agent to Rent the Property

Shuhung Lo

BHHS Fox & Roach - Princeton License #570036 Listed on: 06/05/2020

BHHS Fox & Roach - Princeton

Last Renter's Agent

Cheryl Fitzgerald

Callaway Henderson Sotheby's Int'l-Princeton License #1757875

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,201

Year Built

  • Built in 1964 | Remodeled in 2019

Lot Details

  • Property is in excellent condition
  • Property is zoned R6

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,233 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 2 Fireplaces

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Gas Dryer
  • Front Loading Washer

Schools

  • Community Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient Windows

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $9,750
  • Tenant pays for cable TV, cooking fuel, electricity, gas, heat, hot water, insurance, lawn/tree/shrub care, snow removal, water
  • The owner pays for sewer
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 6/15/20
  • Assessor Parcel Number 14-07001-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,201

Year Built

Built in 1964 | Remodeled in 2019

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2020-06-15
  • Owner Pays: Sewer
  • Pets Allowed: No
  • Security Deposit: 9750.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Heat, Hot Water, Insurance, Lawn/Tree/Shrub Care, Snow Removal, Water
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-05
  • Year Built: 1964
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Dryer - Gas, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater - High-Efficiency, Water Heater - Tankless
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Primary Bath(s), Soaking Tub, Stall Shower, Wood Floors
  • Window Features: Energy Efficient
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3233
  • Living Area Sq Ft: 3233
  • Price Per Sq Ft: 2.01
  • Above Grade Finished Sq Ft: 3233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: R6

Tax Info

  • Assessor Parcel Number: 14-07001-00035
  • Tax Total Finished Sq Ft: 2702
  • Close Date: 07/10/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Hare William D and Hare Denise M
Bought by
Steenstrup Tim and Steenstrup Aviva
Current Estimated Value
$1,576,552

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
Outstanding Balance
$931,095
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$634,072

Purchase Details

Closed on
May 1, 2018
Sold by
16 Vallaey Llc
Bought by
Hare William D and Hare Denise M

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 28, 2016
Sold by
Johnston Frances
Bought by
16 Valley Llc
Seller's Agent
Gail Firestone
BHHS Fox & Roach - Princeton
Buyer's Agent
Shuhung Lo
BHHS Fox & Roach - Princeton
List Price
$524,000
Sold Price
$495,000
Premium/Discount to List
-$29,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Steenstrup Tim $1,160,000 Old Republic Title
Hare William D $620,000 Old Republic Natl Title Ins
16 Valley Llc $495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steenstrup Tim $300,000
Open Steenstrup Tim $1,000,000
Previous Owner Hare William D $189,500
Previous Owner Hare William D $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Rented $6,600 +1.5% --
06/29/2020 06/29/20 Under Contract -- -- --
06/05/2020 06/05/20 For Rent $6,500 0.0% --
06/28/2016 06/28/16 Sold $495,000 -5.5% $190 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $524,000 0.0% $202 / Sq Ft
04/04/2016 04/04/16 For Sale $524,000 -- $202 / Sq Ft
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 $22,201 $883,100 $334,000 $549,100
2023 $22,201 $883,100 $334,000 $549,100
2022 $21,477 $883,100 $334,000 $549,100
2021 $21,539 $883,100 $334,000 $549,100
2020 $21,371 $734,000 $334,000 $400,000
2019 $11,628 $490,200 $334,000 $156,200
2018 $11,431 $490,200 $334,000 $156,200
2017 $11,275 $490,200 $334,000 $156,200
2016 $11,897 $525,500 $319,000 $206,500
2015 $11,124 $525,500 $319,000 $206,500
2014 $10,982 $525,500 $319,000 $206,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME296264

Bright MLS

APN: 14-07001-0000-00035