NOT LISTED FOR SALE

25 Philip Dr Princeton, NJ 08540

Estimated Value: $2,123,335 - $2,562,000

4 Beds
3.5 Baths
-- Sq Ft
0.51 Acres

Last Sold August 26, 2024

Last sale price $2,175,000

Est. 7% increase in value since last sale

Current estimated payment $14,624/month

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Riverside Elementary School Rated A
  • Open Floorplan
  • Recreation Room

About This Home

As of August 2024

In Princeton's Riverside section, this home is an entertainer's delight, with a backyard that transforms outdoor living into an art form! A gunite pool shimmers in the sunlight, surrounded by meticulously designed patios and lush, vibrant plantings. Step inside, and the designer touches are evident in every corner, from the paneled walls that add a touch of chic to the dining room to the renovated kitchen, with an expansive thick quartz center island. A multifunctional mudroom doubles as a home office or homework nook with a handy side door to the driveway. In the family room, four sets of doors flow out to the patios and pool to blend the best of indoor/outdoor living. A breakfast room with shiplap walls adds a touch of farmhouse flavor, while a large pantry provides all the storage you’ll need for those big-box shopping sprees. The living room, with its fireplace and built-in shelving, is the perfect size for hosting those holiday celebrations and there’s a powder room for guest use around the corner. The foyer, with two handy coat closets, leads upstairs where four bedrooms and three bathrooms await. Two bedrooms share a Jack and Jill bathroom. The main bedroom boasts its own private bath, while the fourth bedroom is served by a hall bathroom. The basement adds even more space, featuring a laundry room and a second family room. This picturesque neighborhood is known for its tree-lined streets, attractive homes, and a close-knit community feel. Riverside Elementary, parks, and Princeton’s bustling downtown are all within easy reach.

Last Agent to Sell the Property

Alana Lutkowski

(908) 227-6269 alana@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1329332 Listed on: 07/11/2024

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Alana Lutkowski

(908) 227-6269 alana@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1329332 Listed on: 07/11/2024

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,393

Year Built

  • Built in 1959

Lot Details

  • 0.51 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Open Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Garden Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Shed

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-07801-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,393

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: washer, dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-07-11
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: In Princeton's Riverside section, this home is an entertainer's delight, with a backyard that transforms outdoor living into an art form! A gunite pool shimmers in the sunlight, surrounded by meticulously designed patios and lush, vibrant plantings. Step inside, and the designer touches are evident in every corner, from the paneled walls that add a touch of chic to the dining room to the renovated kitchen, with an expansive thick quartz center island. A multifunctional mudroom doubles as a home office or homework nook with a handy side door to the driveway. In the family room, four sets of doors flow out to the patios and pool to blend the best of indoor/outdoor living. A breakfast room with shiplap walls adds a touch of farmhouse flavor, while a large pantry provides all the storage you’ll need for those big-box shopping sprees. The living room, with its fireplace and built-in shelving, is the perfect size for hosting those holiday celebrations and there’s a powder room for guest use around the corner. The foyer, with two handy coat closets, leads upstairs where four bedrooms and three bathrooms await. Two bedrooms share a Jack and Jill bathroom. The main bedroom boasts its own private bath, while the fourth bedroom is served by a hall bathroom. The basement adds even more space, featuring a laundry room and a second family room. This picturesque neighborhood is known for its tree-lined streets, attractive homes, and a close-knit community feel. Riverside Elementary, parks, and Princeton’s bustling downtown are all within easy reach.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Washer, Built-In Microwave, Disposal, Cooktop, Oven - Wall, Refrigerator, Range Hood, Stainless Steel Appliances
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Built-Ins, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Bathroom - Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Formal/Separate Dining Room, Sprinkler System, Wet/Dry Bar, Floor Plan - Open, Recessed Lighting
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Laundry, Office, Recreation Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Pool Features: Heated, Gunite, In Ground, Saltwater
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: PRINCETON
  • Middle School: PRINCETON
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: PRINCETON
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Lot Info

  • Fencing: Fully
  • Lot Features: Front Yard, Landscaping, Open, Rear Yard
  • Lot Size Acres: 0.51
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22216.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 25393.00
  • Assessor Parcel Number: 14-07801-00029
  • Tax Year: 2024
  • Close Date: 08/26/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 21, 2024
Sold by
Granozio Lawrence and Granozio Mary Ellen
Bought by
Reed Kara Gorski and Reed Edward J
Seller's Agent
Alana Lutkowski
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Alana Lutkowski
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,899,000
Sold Price
$2,175,000
Premium/Discount to List
$276,000
14.53%
Views
23
Current Estimated Value
$2,335,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,584
Avg. Annual Appreciation
6.69%
Original Mortgage
$1,957,500
Outstanding Balance
$1,937,190
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$398,394

Purchase Details

Closed on
Aug 27, 2007
Sold by
Neto Jose B and Barros Iva B
Bought by
Granozio Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Reed Kara Gorski $2,175,000 Old Republic National Title In
Gorski Reed Kara $2,175,000 Old Republic National Title In
Granozio Lawrence $1,037,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorski Reed Kara $1,957,500
Closed Gorski Reed Kara $1,957,500
Previous Owner Granozio Lawrence $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $2,175,000 +14.5% --
07/18/2024 07/18/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,899,000 -- --
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 $26,899 $1,107,400 $551,000 $556,400
2024 $25,394 $1,010,100 $551,000 $459,100
2023 $25,394 $1,010,100 $551,000 $459,100
2022 $23,226 $955,000 $551,000 $404,000
2021 $23,292 $955,000 $551,000 $404,000
2020 $23,111 $955,000 $551,000 $404,000
2019 $22,653 $955,000 $551,000 $404,000
2018 $22,271 $955,000 $551,000 $404,000
2017 $21,965 $955,000 $551,000 $404,000
2016 $21,621 $955,000 $551,000 $404,000
2015 $19,592 $885,700 $501,000 $384,700
2014 $19,353 $885,700 $501,000 $384,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2045820

Bright MLS

APN: 14-07801-0000-00029