NOT LISTED FOR SALE

241 Cherry Valley Rd Princeton, NJ 08540

Estimated Value: $589,154 - $888,000

3 Beds
2 Baths
-- Sq Ft
3.75 Acres

Last Sold January 27, 2022

Last sale price $385,000

Est. 92% increase in value since last sale

Current estimated payment $4,799/month

Highlights

  • 3.75 Acre Lot
  • Colonial Architecture
  • No HOA
  • Village Elementary School Rated A-
  • 4 Fireplaces
  • Radiator

About This Home

As of January 2022

This Colonial charmer dating back to the 1700's would make a perfect nest for anyone who likes a project. Filled with charming old bones that include a cathedral ceiling with exposed brick and beams in the great room, 4 fireplaces (as-is), a Dutch door, and wide board floors, the potential is huge to make this something special. Nearly four deep acres mean expansion is a possibility and provide tranquil views from the deck and the kitchen. This diamond the rough is just begging to be restored to its former glory. Rooms are nicely proportioned both on the first and upstairs in all three bedrooms. Two full bathrooms include one near the kitchen and another one on the second floor. Bring your imagination and your tool kit and reap the hidden rewards on the offer here. Located close to Princeton, in Montgomery's blue ribbon school system, this just might be that golden opportunity you've been searching for.

Last Agent to Sell the Property

Susanne Ams

(609) 577-2033 sams@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #14161 Listed on: 10/08/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Patricia Ford

(908) 635-9395 tford@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1224169

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,652

Year Built

  • Built in 1870

Lot Details

  • 3.75 Acre Lot
  • Rural Setting
  • Property is zoned 999

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Property has 2 Levels
  • 4 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00037 03
  • Assessor Parcel Number 13-34001-00037 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,652

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1870
  • Automatically Close On Close Date: No
  • Remarks Public: This Colonial charmer dating back to the 1700's would make a perfect nest for anyone who likes a project. Filled with charming old bones that include a cathedral ceiling with exposed brick and beams in the great room, 4 fireplaces (as-is), a Dutch door, and wide board floors, the potential is huge to make this something special. Nearly four deep acres mean expansion is a possibility and provide tranquil views from the deck and the kitchen. This diamond the rough is just begging to be restored to its former glory. Rooms are nicely proportioned both on the first and upstairs in all three bedrooms. Two full bathrooms include one near the kitchen and another one on the second floor. Bring your imagination and your tool kit and reap the hidden rewards on the offer here. Located close to Princeton, in Montgomery's blue ribbon school system, this just might be that golden opportunity you've been searching for.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397497
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146000.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 3.75
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 163559.00
  • Year Assessed: 2021
  • Zoning: 999

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3254019
  • Tax Annual Amount: 12652.00
  • Assessor Parcel Number: 13-34001-00037 03
  • Tax Lot: 00037 03
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/27/2022

MLS Schools

  • School District Name: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 21, 2021
Sold by
Wolk David G
Bought by
Borowski Brett J and Lacki-Borowski Jennifer M
Seller's Agent
Susanne Ams
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Patricia Ford
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$740,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,789
Avg. Annual Appreciation
19.29%

Purchase Details

Closed on
Dec 23, 2013
Sold by
Wolk David G
Bought by
Wolk David G

Purchase Details

Listed on
Jan 31, 2013
Closed on
Jan 22, 2013
Sold by
Nicolaysen Llc
Bought by
Wolk David G
Seller's Agent
MARTHA JANE WEBER
CALLAWAY HENDERSON SOTHEBY'S IR
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Nicolaysen Llc
Bought by
Jefferson Bruce W and Jefferson Carol Lynne

Purchase Details

Closed on
Oct 28, 2005
Sold by
Nicolaysen Llc
Bought by
Cld Group Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Nicolaysen Llc
Bought by
Cld Group Llc
Source: Public Records

Range of Values:

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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
Borowski Brett J $385,000 Land Title Services
Wolk David G -- None Available
Wolk David G $530,000 Agent For First American Ti
Jefferson Bruce W $30,118 --
Cld Group Llc $520,000 First American Title Insuran
Cld Group Llc $520,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Sold $385,000 -3.5% --
01/04/2022 01/04/22 Price Changed $399,000 0.0% --
01/04/2022 01/04/22 For Sale $399,000 0.0% --
12/06/2021 12/06/21 Pending -- -- --
10/14/2021 10/14/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $399,000 -24.7% --
01/31/2013 01/31/13 Sold $530,000 -- -- View Prior Sale
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 $10,466 $305,305 $250,000 $55,305
2024 $10,466 $305,305 $250,000 $55,305
2023 $10,451 $305,305 $250,000 $55,305
2022 $12,763 $396,000 $250,000 $146,000
2021 $12,652 $396,000 $250,000 $146,000
2020 $12,545 $396,000 $250,000 $146,000
2019 $12,458 $396,000 $250,000 $146,000
2018 $12,165 $396,000 $250,000 $146,000
2017 $13,492 $446,000 $300,000 $146,000
2016 $13,255 $446,000 $300,000 $146,000
2015 $12,961 $446,000 $300,000 $146,000
2014 $12,805 $446,000 $300,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2000011

Bright MLS

APN: 13-34001-0000-00037-03