NOT LISTED FOR SALE

24 Erdman Ave Princeton, NJ 08540

Estimated Value: $1,037,029 - $1,455,000

4 Beds
2 Baths
1,626 Sq Ft
$718/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $682,000 $419 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,457/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Littlebrook Elementary School Rated A+
  • No HOA
  • 1-minute walk to Potts Park

About This Home

As of November 2016

Welcome to this charming 4 bedroom 2 full bath colonial in the heart of Princeton. Just minutes to Princeton Shopping Center and downtown Princeton. An addition on the main floor offers what could be a master bedroom OR a family room with adjoining full bath. The living room has beautiful custom built-in bookcases and a bay window that provides great light all day with this homes southern exposure. Upstairs, another recently remodeled full bath serves the 2nd master bedroom and two additional bedrooms. The galley style kitchen offers plenty of counter space and a large picture window over the sink that overlooks the back yard. The garage is deep enough to accommodate two large vehicles and still have room for storage. Solar panels help reduce energy costs. Freshly painted throughout. Just unpack and go!

Last Agent to Sell the Property

Richard Burke

BHHS Fox & Roach - Princeton Listed on: 08/25/2016

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Ken Lee

BHHS Fox & Roach-Princeton Junction License #NJ0121377

BHHS Fox & Roach-Princeton Junction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,301

Year Built

  • Built in 1950

Lot Details

  • 9,448 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Southeast Facing Home
  • Property is in good condition
  • Property is zoned R2

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,626 Sq Ft Home
  • Property has 2 Levels
  • Replacement Windows
  • Bay Window
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Littlebrook Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00159
  • Assessor Parcel Number 14-00032 09-00159

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,301

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Remarks Public: Welcome to this charming 4 bedroom 2 full bath colonial in the heart of Princeton. Just minutes to Princeton Shopping Center and downtown Princeton. An addition on the main floor offers what could be a master bedroom OR a family room with adjoining full bath. The living room has beautiful custom built-in bookcases and a bay window that provides great light all day with this homes southern exposure. Upstairs, another recently remodeled full bath serves the 2nd master bedroom and two additional bedrooms. The galley style kitchen offers plenty of counter space and a large picture window over the sink that overlooks the back yard. The garage is deep enough to accommodate two large vehicles and still have room for storage. Solar panels help reduce energy costs. Freshly painted throughout. Just unpack and go!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Window Features: Bay/Bow, Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1626
  • Living Area Sq Ft: 1626
  • Net Sq Ft: 1626.00
  • Price Per Sq Ft: 369.00
  • Above Grade Finished Sq Ft: 1626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Access To Pool: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: LITTLEBROOK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: LITTLEBROOK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 141000.00
  • Land Assessed Value: 314000.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 70X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9448.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R2

Green Features

  • Green Remarks: Solar panels on roof. System is paid off. Clear explanation of how the system works is posted in DOCUMENTS. ENERGY AUDIT completed by Princeton Air in 2009 (documents available by request). All necessary measures, especially regarding insulation were take

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2139933
  • Tax Annual Amount: 10301.00
  • Assessor Parcel Number: 14-00032 09-00159
  • Tax Lot: 00159
  • Tax Year: 2016
  • Close Date: 11/02/2016

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 28, 2016
Sold by
Studebaker Joel F
Bought by
Liu Zhu and Yang Jun
Seller's Agent
Richard Burke
BHHS Fox & Roach - Princeton
Buyer's Agent
Ken Lee
BHHS Fox & Roach-Princeton Junction
List Price
$600,000
Sold Price
$682,000
Premium/Discount to List
$82,000
13.67%
Total Days on Market
9
Current Estimated Value
$1,167,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,507
Avg. Annual Appreciation
4.92%
Original Mortgage
$528,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

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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
Liu Zhu $682,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhu $400,000
Closed Liu Zhu $290,000
Closed Liu Zhu $290,000
Closed Liu Zhu $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $682,000 +13.7% $419 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $600,000 -- $369 / 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 $15,132 $601,900 $369,000 $232,900
2023 $15,132 $601,900 $369,000 $232,900
2022 $14,638 $601,900 $369,000 $232,900
2021 $12,727 $521,800 $339,000 $182,800
2020 $12,628 $521,800 $339,000 $182,800
2019 $12,377 $521,800 $339,000 $182,800
2018 $12,168 $521,800 $339,000 $182,800
2017 $12,001 $521,800 $339,000 $182,800
2016 $10,301 $455,000 $314,000 $141,000
2015 $10,065 $455,000 $314,000 $141,000
2014 $9,942 $455,000 $314,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003888821

Bright MLS

APN: 14-00032-09-00159