NOT LISTED FOR SALE

2 Morven Place Princeton, NJ 08540

Estimated Value: $2,603,152

4 Beds
4.5 Baths
-- Sq Ft
0.34 Acres

Last Sold May 15, 2019

Last sale price $1,732,000

Est. 50% increase in value since last sale

Current estimated payment $16,350/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Den
  • Community Park Elementary School Rated A+
  • No HOA
  • Breakfast Room

About This Home

As of May 2019

Perfectly placed amidst the proudest homes in Princeton's coveted Western Section, this classic center hall is oozing with charm and warmth from a bygone era, while including a variety of significant modern day enhancements. The current owners have been great stewards to the property for over 3 decades and oversaw a beautifully executed kitchen/family room renovation and expansion. The result is the perfect space for gathering and lounging whether for day to day living or those more formal entertaining events. Combined with gracious formal living & dining rooms, and a paneled library, the house has a great scale for today's market and will be the 'just the right size' for many buyers, not too big and not too small. Sunlight flows through an abundance of windows on the main floor while four bedrooms on the second floor each have a dedicated bathroom. Front and back stairs, central air conditioning, a butler's pantry and a breakfast nook are all added practical elements as well. On the outside, the house is enveloped by exquisite mature landscaping, and a brick patio provides the best spot for the grill. A detached two-car garage is also included. What's best is the location itself, only a couple of blocks to Nassau Street, less than a half mile to Palmer Square and Princeton University and less than a mile to the train. Come see, it won't last long!

Last Agent to Sell the Property

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 05/14/2018

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Ira Lackey Jr

(609) 203-2099 iralackey10@gmail.com Callaway Henderson Sotheby's Int'l-Princeton License #SP-9231148

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,492

Year Built

  • Built in 1905

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x148
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Skylights
  • Non-Functioning Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00011 01-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,492

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1905
  • Remarks Public: Perfectly placed amidst the proudest homes in Princeton's coveted Western Section, this classic center hall is oozing with charm and warmth from a bygone era, while including a variety of significant modern day enhancements. The current owners have been great stewards to the property for over 3 decades and oversaw a beautifully executed kitchen/family room renovation and expansion. The result is the perfect space for gathering and lounging whether for day to day living or those more formal entertaining events. Combined with gracious formal living & dining rooms, and a paneled library, the house has a great scale for today's market and will be the 'just the right size' for many buyers, not too big and not too small. Sunlight flows through an abundance of windows on the main floor while four bedrooms on the second floor each have a dedicated bathroom. Front and back stairs, central air conditioning, a butler's pantry and a breakfast nook are all added practical elements as well. On the outside, the house is enveloped by exquisite mature landscaping, and a brick patio provides the best spot for the grill. A detached two-car garage is also included. What's best is the location itself, only a couple of blocks to Nassau Street, less than a half mile to Palmer Square and Princeton University and less than a mile to the train. Come see, it won't last long!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Double, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Partially Carpeted
  • Interior Amenities: Kitchen - Island, Skylight(s), Wet/Dry Bar, Dining Area
  • Fireplace Features: Non-Functioning
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Library, Breakfast Room, Bedroom 1, Study
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • 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: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 955500.00
  • Land Assessed Value: 738000.00
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X148
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14800.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138619
  • Tax Annual Amount: 39492.00
  • Assessor Parcel Number: 14-00011 01-00009
  • Tax Lot: 00009
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/15/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
May 9, 2019
Sold by
Levy Tobin V and Levy Susan M
Bought by
Center Of Theological Inquiry
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ira Lackey Jr
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,895,000
Sold Price
$1,732,000
Premium/Discount to List
-$163,000
-8.6%
Current Estimated Value
$2,603,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$871,152
Avg. Annual Appreciation
6.10%
Source: Public Records

Range of Values:

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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
Center Of Theological Inquiry $1,732,000 Old Republic Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $1,732,000 -8.6% --
01/04/2019 01/04/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,895,000 -- --
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 -- $1,705,200 $738,000 $967,200
2024 -- $1,705,200 $738,000 $967,200
2023 -- $1,705,200 $738,000 $967,200
2022 -- $1,705,200 $738,000 $967,200
2021 $0 $1,705,200 $738,000 $967,200
2020 $40,170 $1,705,200 $738,000 $967,200
2019 $40,170 $1,693,500 $738,000 $955,500
2018 $39,492 $1,693,500 $738,000 $955,500
2017 $38,951 $1,693,500 $738,000 $955,500
2016 $38,341 $1,693,500 $738,000 $955,500
2015 $37,460 $1,693,500 $738,000 $955,500
2014 $37,003 $1,693,500 $738,000 $955,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001206348

Bright MLS

APN: 14-00011-01-00009