NOT LISTED FOR SALE

2 Cleveland Rd W Princeton, NJ 08540

Estimated Value: $788,000 - $884,000

4 Beds
2 Baths
-- Sq Ft
1.52 Acres

Last Sold April 28, 2022

Last sale price $510,000

Est. 63% increase in value since last sale

Current estimated payment $5,715/month

272 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Forced Air Heating and Cooling System
  • Hopewell Valley Central High School Rated A
  • 2 Car Attached Garage

About This Home

As of April 2022

Don't miss this one - the price is right! Offering a convenient Princeton fringe address within the Hopewell Valley school system with a gorgeous swimming pool, here's a value-priced home that will earn sweat equity quickly with some simple cosmetic updates. Enter into the living room, which extends freely to the dining room and a sunroom and then opens out to the deck. Down a few stairs, the family room has a fireplace and is adjacent to a large bonus room, the fourth bedroom, laundry, and a full bath. Upstairs, three more bedrooms utilize a bathroom with an attractive glass enclosed shower. Hardwood floors are in several rooms. Set far off the road with plenty of parking in a circular driveway, the backyard is surrounded by fencing and features mature trees and a handy shed for garden and pool equipment With all the essential shopping and great restaurants nearby, this value-priced home offers a reasonable entrance into the Princeton area market. New Septic is installed!

Last Agent to Sell the Property

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424 Listed on: 06/22/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Yael Lax Zakut

(609) 933-0880 yael.zakut@compass.com Compass New Jersey, LLC - Princeton License #4364557

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,160

Year Built

  • Built in 1965

Lot Details

  • 1.52 Acre Lot
  • Property is zoned R150

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Split Level Home
  • Combination Foundation
  • Frame Construction

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Property has 2 Levels
  • Private Pool
  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00038
  • Assessor Parcel Number 06-00039-00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,160

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Combination
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side 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: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 184600.00
  • Land Assessed Value: 311000.00
  • Lot Size Acres: 1.52
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66211.00
  • Zoning: R150

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2120561
  • Tax Annual Amount: 15160.00
  • Assessor Parcel Number: 06-00039-00038
  • Tax Lot: 00038
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
May 4, 2022
Sold by
Soto and Teresa
Bought by
Ferrer Jonathan and Ferrer Yaneth
Seller's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
List Price
$595,000
Sold Price
$510,000
Premium/Discount to List
-$85,000
-14.29%
Current Estimated Value
$833,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,378
Avg. Annual Appreciation
14.57%
Original Mortgage
$496,155
Outstanding Balance
$470,698
Interest Rate
5.1%
Mortgage Type
VA
Estimated Equity
$362,680

Purchase Details

Closed on
Jan 31, 1989
Sold by
Gooding Donald and Gooding Mary
Bought by
Soto Rodrigo and Soto Teresa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ferrer Jonathan $510,000 Foundation Title
Soto Rodrigo $205,000 --
Soto Rodrigo $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrer Jonathan $496,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $510,000 -2.9% --
02/23/2022 02/23/22 Price Changed $525,000 -4.4% --
01/05/2022 01/05/22 Price Changed $549,000 -4.5% --
10/12/2021 10/12/21 Price Changed $575,000 -3.4% --
06/22/2021 06/22/21 For Sale $595,000 -- --
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 $15,974 $506,000 $321,400 $184,600
2024 $15,146 $506,000 $321,400 $184,600
2023 $15,146 $495,600 $311,000 $184,600
2022 $14,833 $495,600 $311,000 $184,600
2021 $15,160 $495,600 $311,000 $184,600
2020 $14,794 $495,600 $311,000 $184,600
2019 $14,432 $495,600 $311,000 $184,600
2018 $14,164 $495,600 $311,000 $184,600
2017 $13,778 $495,600 $311,000 $184,600
2016 $13,024 $495,600 $311,000 $184,600
2015 $13,158 $495,600 $311,000 $184,600
2014 $12,886 $495,600 $311,000 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000648

Bright MLS

APN: 06-00039-0000-00038