NOT LISTED FOR SALE

36 Grasmere Way Princeton, NJ 08540

Estimated Value: $2,064,000 - $2,815,000

5 Beds
5.5 Baths
-- Sq Ft
1.12 Acres

Last Sold March 22, 2022

Last sale price $2,100,000

Est. 19% increase in value since last sale

Current estimated payment $16,844/month

174 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 1.12 Acre Lot
  • Marble Flooring
  • Johnson Park School Rated A+
  • Recreation Room
  • Traditional Architecture

About This Home

As of March 2022

Professionally decorated, wisely updated and greatly expanded to improve both indoor and outdoor living, this home has evolved under current ownership into a showplace offering the ultimate in comfort. Beginning with the covered porch sheltering the entry into the foyer and mudroom, every space feels special. In the living room, an art glass transom tops French doors, just one set of several that open to a collection of stone patios, one of which is sheltered by a pergola, while another offers a brick pizza oven and built-in grill. Since good times and great food go hand-in-hand year-round, not only is the kitchen equipped with double ovens, a Sub Zero and a sleek new hood, there is a choice of spots for sharing a meal: the elegant formal dining room, the casual dining room or right at the island. The Great Room, where 6 skylights shine down on a stone accent wall and built-ins, is a stunning addition that supplements hangout space in the basement, also impeccably detailed. Perhaps the most impressive area is a wine room that buffers a quiet home office. While all of the 5 bedrooms, 3 of them with private baths, are comfy and welcoming, the main suite is fittingly the most luxurious with 2 custom walk-ins and a magazine-worthy bath beyond an elegant archway. Designer materials, custom built-ins and more French doors add to the air of tasteful opulence.

Last Agent to Sell the Property

Eileen Bitterly

Callaway Henderson Sotheby's Int'l-Princeton Listed on: 07/06/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Yael Lax Zakut

Compass New Jersey, LLC - Princeton

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,417

Year Built

  • Built in 1999 | Remodeled in 2005

Lot Details

  • 1.12 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • Level Lot
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Siding
  • Chimney Cap

Interior Spaces

  • Property has 1.5 Levels
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Double Sided Fireplace
  • Gas Fireplace
  • Window Treatments
  • Stained Glass
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior Basement Entry
  • Sump Pump
  • Basement with some natural light

Home Security

  • Home Security System
  • Flood Lights

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 14-03503-00005

Community Details

Overview

  • Association fees include common area maintenance
  • Pond View Subdivision

Recreation

  • Tennis Courts
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,417

Year Built

Built in 1999 | Remodeled in 2005

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Mosaic tile island in wine room; crystal chandeliers in the foyer, formal dining room and main bedroom suite.
  • Inclusions: Window treatments, kitchen appliances, refrigerator in garage. Washer & dryer offered "as-is".
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-06
  • Year Built: 1999
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Professionally decorated, wisely updated and greatly expanded to improve both indoor and outdoor living, this home has evolved under current ownership into a showplace offering the ultimate in comfort. Beginning with the covered porch sheltering the entry into the foyer and mudroom, every space feels special. In the living room, an art glass transom tops French doors, just one set of several that open to a collection of stone patios, one of which is sheltered by a pergola, while another offers a brick pizza oven and built-in grill. Since good times and great food go hand-in-hand year-round, not only is the kitchen equipped with double ovens, a Sub Zero and a sleek new hood, there is a choice of spots for sharing a meal: the elegant formal dining room, the casual dining room or right at the island. The Great Room, where 6 skylights shine down on a stone accent wall and built-ins, is a stunning addition that supplements hangout space in the basement, also impeccably detailed. Perhaps the most impressive area is a wine room that buffers a quiet home office. While all of the 5 bedrooms, 3 of them with private baths, are comfy and welcoming, the main suite is fittingly the most luxurious with 2 custom walk-ins and a magazine-worthy bath beyond an elegant archway. Designer materials, custom built-ins and more French doors add to the air of tasteful opulence.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Extra Refrigerator/Freezer, Oven - Double, Range Hood, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile, Marble
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Stain/Lead Glass, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Skylights
  • Other Equipment: Negotiable
  • Fireplace Features: Gas/Propane, Double Sided
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Basement, Foyer, Laundry, Mud Room, Office, Recreation Room, Storage Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Interior Access, Sump Pump
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Wood Siding
  • Exterior Features: Bbq Grill, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Flood Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Bike Trail, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 799100.00
  • Land Assessed Value: 612000.00
  • Lot Features: Landscaping, Level
  • Lot Size Acres: 1.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 48787.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2142343
  • Tax Annual Amount: 34417.00
  • Assessor Parcel Number: 14-03503-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/22/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Mar 11, 2022
Sold by
Walker James F and Walker Valerie M
Bought by
Martinez Maria Elisa
Seller's Agent
Eileen Bitterly
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
List Price
$2,150,000
Sold Price
$2,100,000
Premium/Discount to List
-$50,000
-2.33%
Current Estimated Value
$2,490,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,681
Avg. Annual Appreciation
0.58%
Original Mortgage
$1,600,000
Outstanding Balance
$1,510,387
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$632,174

Purchase Details

Closed on
Jun 26, 2002
Sold by
Kardek Joseph
Bought by
Walker James and Walker Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
6.73%

Purchase Details

Closed on
Jan 18, 2000
Sold by
Blunt Christopher
Bought by
Kardek Joseph and Kardek Odette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.91%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Pond View Associates
Bought by
Blunt Christopher and Blunt Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Interest Rate
7.04%
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
Martinez Maria Elisa $2,100,000 Foundation Title
Walker James $1,550,000 --
Kardek Joseph $1,075,000 --
Blunt Christopher $1,086,055 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Maria Elisa $1,600,000
Closed Martinez Maria Elisa $1,600,000
Previous Owner Walker James F $576,000
Previous Owner Walter James F $500,000
Previous Owner Walker James F $500,000
Previous Owner Walker James $1,075,000
Previous Owner Kardek Joseph $425,000
Previous Owner Blunt Christopher $868,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $2,100,000 -2.3% --
12/28/2021 12/28/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $2,150,000 -- --
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 $37,578 $1,411,100 $612,000 $799,100
2024 $35,475 $1,411,100 $612,000 $799,100
2023 $35,475 $1,411,100 $612,000 $799,100
2022 $34,318 $1,411,100 $612,000 $799,100
2021 $34,417 $1,411,100 $612,000 $799,100
2020 $34,149 $1,411,100 $612,000 $799,100
2019 $33,471 $1,411,100 $612,000 $799,100
2018 $32,907 $1,411,100 $612,000 $799,100
2017 $32,455 $1,411,100 $612,000 $799,100
2016 $31,947 $1,411,100 $612,000 $799,100
2015 $31,214 $1,411,100 $612,000 $799,100
2014 $30,833 $1,411,100 $612,000 $799,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000592

Bright MLS

APN: 14-03503-0000-00005