NOT LISTED FOR SALE

20 Locust Ln Princeton, NJ 08540

Estimated Value: $2,436,000 - $3,244,000

5 Beds
4.5 Baths
6,284 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $1,835,000 $292 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $18,490/month

86 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Littlebrook Elementary School Rated A+
  • Garden View
  • Home Office

About This Home

As of December 2020

NEW construction by prestigious Princeton builder RB Homes, situated on a quiet cul de sac in the desirable Littlebrook neighbourhood. A centre hall Colonial with a deep foyer flanked by a good sized living room featuring a bay window and a also by a dining room. The large open plan kitchen and family room includes a breakfast nook and is the heart of the home, featuring a fireplace, ample storage and a centre island. Off the family room is an in-law suite with full ensuite bathroom. The first floor also includes a mudroom on entry from the three car garage, a powder room and an office. The luxurious master bedroom suite features Cathedral ceiling and a fireplace, a large walk in closet and full ensuite bathroom including double sinks, stand up shower and a tub. Bedroom 2 features a closet and its own ensuite. Bedrooms 3 (with closet) and 4 (with walk in closet) share a Jack and Jill bathroom with two sinks and a shower. For your convenience the laundry room is situated on the second floor. A large fully finished basement can be used for many different purposes. Walking distance to town, this home is in the Princeton Public School district. Move in for ThanksGiving!

Last Agent to Sell the Property

Yael Lax Zakut

(609) 933-0880 yael.zakut@compass.com Compass New Jersey, LLC - Princeton License #4364557 Listed on: 06/27/2020

Compass New Jersey, LLC - Princeton

Last Buyer's Agent

Yael Lax Zakut

(609) 933-0880 yael.zakut@compass.com Compass New Jersey, LLC - Princeton License #4364557 Listed on: 06/27/2020

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,614

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.51 Acre Lot
  • Property is in excellent condition

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Garden Views
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

Schools

  • Littlebrook Elementary School
  • Jwithersp Middle School
  • Princeton High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by R & B Homes, Inc.
  • Littlebrook Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,614

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Room List: Living Room, Dining Room, Family Room, Breakfast Room, Laundry, Office
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 6284
  • Living Area Sq Ft: 6284
  • Price Per Sq Ft: 431.76
  • Above Grade Finished Sq Ft: 4352
  • Below Grade Finished Sq Ft: 1932
  • Total Below Grade Sq Ft: 1932
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Hardiplank Type, Stone, Glass
  • Construction Completed: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: LITTLEBROOK E.S.
  • High School: PRINCETON
  • Middle Or Junior School: JWITHERSP

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22215.60
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: R & B Homes, Inc.

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Nov 23, 2020
Sold by
20 Locust Ln Llc
Bought by
Davar Gudarz and Mao Cheri
Seller's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
Buyer's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
List Price
$1,879,000
Sold Price
$1,835,000
Premium/Discount to List
-$44,000
-2.34%
Current Estimated Value
$2,900,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,065,592
Avg. Annual Appreciation
9.61%
Original Mortgage
$1,101,000
Outstanding Balance
$977,496
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,923,096

Purchase Details

Closed on
Jul 23, 2020
Sold by
Barile David R and Schrader Barile Nicole
Bought by
20 Locust Ln Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2020
Sold by
Barile David R and Schrader Barile Nicole
Bought by
Barile David R and Schrader Barile Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,195,000
Interest Rate
3%
Mortgage Type
Construction
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
Davar Gudarz $1,835,000 None Available
20 Locust Ln Llc $545,000 Surety Title Company
Barile David R -- Surety Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davar Gudarz $1,101,000
Previous Owner 20 Locust Ln Llc $1,195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $1,835,000 -2.3% $292 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $1,879,000 -- $299 / 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
2025 $38,614 $1,493,800 $425,000 $1,068,800
2024 $36,453 $1,450,000 $425,000 $1,025,000
2023 $36,453 $1,450,000 $425,000 $1,025,000
2022 $35,264 $1,450,000 $425,000 $1,025,000
2021 $35,366 $1,450,000 $425,000 $1,025,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME297512

Bright MLS

APN: 14-07601-0000-00073-022