NOT LISTED FOR SALE

316 Cherry Valley Rd Princeton, NJ 08540

Estimated Value: $1,568,000 - $2,200,000

5 Beds
7 Baths
-- Sq Ft
10.93 Acres

Last Sold July 27, 2022

Last sale price $1,495,000

Est. 30% increase in value since last sale

Current estimated payment $13,149/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • 10.93 Acre Lot
  • Private Lot
  • Community Park Elementary School Rated A+
  • Colonial Architecture
  • Wooded Lot

About This Home

As of July 2022

Embraced by over ten picturesque and private wooded acres, this exquisite custom home is beautifully rendered in the sophisticated style and light-hearted spirit of a manor house in Provence, with wonderful entertaining spaces unified by gentle archways and grand stone terrace with romantic woodland views. Front-to-back light bathes a barrel-vaulted foyer and cathedral living room, its ceiling framed in scrolled trusses. A vaulted family room, comfortably elegant with built-ins and French doors, adjoins the expansive kitchen, which will delight any chef with yards of cream cabinetry, a butler's pantry, and a gracefully curved breakfast area. A 1st floor master suite, done in a palette of warm neutrals, boasts 3 walk-in closets and his and hers baths, cleverly connected by a double-sided shower. Privacy is ensured: one wing houses 3 upstairs bedrooms and 2 baths including a suite, while a vaulted in-law suite with a hidden kitchenette is quietly ensconced in the other. Of course the finished basement has wine storage.

Last Agent to Sell the Property

Jane Henderson Kenyon

(609) 828-1450 jhendersonkenyon@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 04/01/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,931

Year Built

  • Built in 1996

Lot Details

  • 10.93 Acre Lot
  • Extensive Hardscape
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Backs to Trees or Woods

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • French Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Built-In Features
  • Bar
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Library
  • Game Room
  • Utility Room
  • Wood Flooring
  • Views of Woods
  • Partially Finished Basement
  • Partial Basement
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-00501-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,931

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, French
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-04-01
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Bar, Built-Ins, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Wine Storage, Wood Floors, Wet/Dry Bar
  • Fireplaces Count: 2
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Laundry, Utility Room, Attic, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Partially Finished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape
  • View: Trees/Woods
  • 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
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Private, Secluded, Trees/Wooded
  • Lot Size Acres: 10.93
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 476110.80
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2141122
  • Tax Annual Amount: 38931.00
  • Assessor Parcel Number: 14-00501-00001
  • Tax Year: 2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 30, 2022
Sold by
Neas Harold C and Neas Donna K
Bought by
Mack John Lee and Mack Alleda Eileen
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,938,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,164
Avg. Annual Appreciation
8.13%
Original Mortgage
$847,216
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Mack John Lee $1,495,000 First American Title
Mack John Lee $1,495,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mack John Lee $847,216
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $1,495,000 0.0% --
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,495,000 -- --
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 $35,330 $1,326,700 $485,300 $841,400
2024 $33,353 $1,326,700 $485,300 $841,400
2023 $33,353 $1,326,700 $485,300 $841,400
2022 $38,820 $1,596,200 $554,300 $1,041,900
2021 $38,931 $1,596,200 $554,300 $1,041,900
2020 $43,560 $1,800,000 $578,300 $1,221,700
2019 $42,696 $1,800,000 $578,300 $1,221,700
2018 $41,976 $1,800,000 $578,300 $1,221,700
2017 $41,400 $1,800,000 $578,300 $1,221,700
2016 $40,752 $1,800,000 $578,300 $1,221,700
2015 $46,375 $2,096,500 $728,300 $1,368,200
2014 $45,809 $2,096,500 $728,300 $1,368,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2014018

Bright MLS

APN: 14-00501-0000-00001