NOT LISTED FOR SALE

29 Chestnut St Princeton, NJ 08542

Estimated Value: $1,237,740 - $1,579,000

3 Beds
1.5 Baths
1,744 Sq Ft
$788/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $985,000 $565 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,316/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Barn or Farm Building
  • Attic
  • Community Park Elementary School Rated A+
  • Wood Flooring
  • 2-minute walk to Barbara Boggs Sigmund Park

About This Home

As of July 2015

Totally remodeled 1830-40 Federal/Greek Revival home attributed to Charles Steadman, architect and builder. Located on one of the popular tree streets in the heart of Princeton. Moved here after 1875 from Nassau or Alexander St. This is a wonderful opportunity to own a beautifully maintained and remodeled historical home, and more importantly, within walking distance to Nassau Street's eateries and shops. Gourmet kitchen with center island, subway tiles, Subzero fridge, Miele DW, Viking Range, Best Hood, pot-filler, Kohler Sink and Granite counters overlooking a secluded backyard with a renovated carriage house that once was a horse barn with hay loft that now has electricity and heat (not considered living space). Don't miss the powder room on the main level by the kitchen or the wet bar area with wine fridge among other state of the art upgrades. Take the historic staircase up to 3 bd 1 ba. Laundry and office area also upstairs. Amazing that this might be one of the 50 oldest homes in Princeton. Almost 200 years old.....Be ready to fall in love with this unique home.

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 05/18/2015

Last Buyer's Agent

CHARLES AUER

BHHS Fox & Roach - Princeton License #NJ-0226701

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,724

Year Built

  • Built in 1830

Lot Details

  • 7,120 Sq Ft Lot
  • Lot Dimensions are 40x178
  • Level Lot
  • Property is in good condition
  • Property is zoned R4

Parking

  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,744 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Home Security System
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Schools

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

Farming

  • Barn or Farm Building

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00046
  • Assessor Parcel Number 14-00030 02-00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,724

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1830
  • Remarks Public: Totally remodeled 1830-40 Federal/Greek Revival home attributed to Charles Steadman, architect and builder. Located on one of the popular tree streets in the heart of Princeton. Moved here after 1875 from Nassau or Alexander St. This is a wonderful opportunity to own a beautifully maintained and remodeled historical home, and more importantly, within walking distance to Nassau Street's eateries and shops. Gourmet kitchen with center island, subway tiles, Subzero fridge, Miele DW, Viking Range, Best Hood, pot-filler, Kohler Sink and Granite counters overlooking a secluded backyard with a renovated carriage house that once was a horse barn with hay loft that now has electricity and heat (not considered living space). Don't miss the powder room on the main level by the kitchen or the wet bar area with wine fridge among other state of the art upgrades. Take the historic staircase up to 3 bd 1 ba. Laundry and office area also upstairs. Amazing that this might be one of the 50 oldest homes in Princeton. Almost 200 years old.....Be ready to fall in love with this unique home.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Kitchen - Island, Butlers Pantry, Skylight(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1744
  • Living Area Sq Ft: 1744
  • Net Sq Ft: 1744.00
  • Price Per Sq Ft: 515.48
  • Above Grade Finished Sq Ft: 1744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 29

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn/Farm Building
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

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: 172100.00
  • Land Assessed Value: 456000.00
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Dimensions: 40X178
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7120.00
  • Property Condition: Good
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2139608
  • Tax Annual Amount: 13724.00
  • Assessor Parcel Number: 14-00030 02-00046
  • Tax Lot: 00046
  • Tax Year: 2014
  • Close Date: 07/27/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 24, 2015
Sold by
Jetton Julie
Bought by
Gill Steven
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
CHARLES AUER
BHHS Fox & Roach - Princeton
List Price
$899,000
Sold Price
$985,000
Premium/Discount to List
$86,000
9.57%
Current Estimated Value
$1,374,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,435
Avg. Annual Appreciation
2.82%
Original Mortgage
$558,199
Outstanding Balance
$470,015
Interest Rate
2.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$827,277

Purchase Details

Closed on
Nov 13, 2006
Sold by
Henderson Matthew
Bought by
Jetton Julie

Purchase Details

Closed on
May 17, 2000
Sold by
Coan Elizabeth
Bought by
Henderson Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.14%
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
Gill Steven $985,000 Premier Service Abstract
Jetton Julie $885,000 --
Henderson Matthew $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Steven $68,000
Open Gill Steven $558,199
Previous Owner Henderson Matthew $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $985,000 +9.6% $565 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $899,000 -- $515 / 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 $19,903 $791,700 $518,000 $273,700
2023 $19,903 $791,700 $518,000 $273,700
2022 $19,254 $791,700 $518,000 $273,700
2021 $19,310 $791,700 $518,000 $273,700
2020 $19,159 $791,700 $518,000 $273,700
2019 $17,036 $718,200 $456,000 $262,200
2018 $16,748 $718,200 $456,000 $262,200
2017 $16,519 $718,200 $456,000 $262,200
2016 $16,260 $718,200 $456,000 $262,200
2015 $13,894 $628,100 $456,000 $172,100
2014 $13,724 $628,100 $456,000 $172,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002605692

Bright MLS

APN: 14-00030-02-00046