NOT LISTED FOR SALE

16 Valley Rd Princeton, NJ 08540

Estimated Value: $1,456,000 - $1,640,000

4 Beds
4 Baths
3,233 Sq Ft
$484/Sq Ft Est. Value

Last Sold June 28, 2016

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

Est. 216% increase in value since last sale

Current estimated payment $10,157/month

About This Home

As of June 2016

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.

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
$1,565,167

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
13.73%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
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

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

  • Shuhung Lo

    Seller's Agent in 2020

    Shuhung Lo

    BHHS Fox & Roach

    (609) 580-0909

    9 in this area

    18 Total Sales

    Shuhung Lo
    Section Image
  • Cheryl Fitzgerald

    Buyer's Agent in 2020

    Cheryl Fitzgerald

    Callaway Henderson Sotheby's Int'l-Princeton

    (818) 321-7821

    17 in this area

    24 Total Sales

    Cheryl Fitzgerald
    Section Image
  • Gail Firestone

    Seller's Agent in 2016

    Gail Firestone

    BHHS Fox & Roach

    (609) 915-3931

    1 in this area

    8 Total Sales

    Gail Firestone
    Section Image
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Map

New Jersey Mercer County Princeton 08540

16 Valley Rd, Princeton, NJ

This home is located at 16 Valley Rd, Princeton, NJ 08540 and is currently estimated at $1,565,167, approximately $484 per square foot. 16 Valley Rd is a home located in Mercer County with nearby schools including Community Park Elementary School, Princeton Middle School, and Princeton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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