NOT LISTED FOR SALE

38 Lockwood Dr Princeton, NJ 08540

Estimated Value: $1,160,507 - $1,444,000

4 Beds
3.5 Baths
2,802 Sq Ft
$452/Sq Ft Est. Value

Highlights

  • Home Theater
  • Colonial Architecture
  • Wood Flooring
  • Maurice Hawk Elementary School Rated A
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of August 2021

Welcome to this spacious expanded Mclean Federal model in sought after Estates at Princeton Junction. The two story foyer opens to formal the formal living room with bay window and the formal dining room on the other side . The hallway on either side of the stairs lead you to combined kitchen and breakfast area with island countertop. Family room across from the breakfast area with fireplace and additional windows is ready to meet your relaxation needs. Additional Sunroom adjacent to the kitchen/breakfast area adds to the ambience of leisure and luxury. Powder room and laundry room are discretely located by the garage. Centrally located hardwood stairs with a runner leads you to the upper level. Upper level boasts a sumptuous master bedroom suite with large walk-in closet and a master bath complete with separate shower stall and tub with jacuzzi jets. The other three bedrooms with ample light and closet space share a hallway bath. Full basement was recently finished with high end flooring, storage closets, and a luxurious full bathroom. Two car garage with additional driveway parking complete this beautiful home. Other features - Nine foot ceilings through out first floor, hardwood floors on both levels, & bay windows. Luxury living with Princeton address, minutes from NYC trains, shopping, entertainment, and Princeton University.

Last Agent to Rent the Property

Smitha Basavaraj

Weichert Realtors - Princeton License #339801 Listed on: 07/16/2021

Weichert Realtors - Princeton

Last Renter's Agent

Priyanka Shah

RE/MAX One

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,649

Year Built

  • Built in 2006

Lot Details

  • 6,360 Sq Ft Lot
  • Property is zoned PRN1

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Bay Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,975
  • Tenant pays for cable TV, cooking fuel, electricity, gas, heat, sewer, water
  • Rent includes grounds maintenance
  • No Smoking Allowed
  • 24-Month Lease Term
  • Available 8/15/21
  • Assessor Parcel Number 13-00010 20-00036

Community Details

Overview

  • No Home Owners Association
  • Ests Princeton Junc Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,649

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2021-08-15
  • Furnished: Partially
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Grounds Maintenance
  • Security Deposit: 6975.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Heat, Sewer, Water
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 24
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Inclusions: All appliances and furniture items mentioned in the inclusions list.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-16
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: Welcome to this spacious expanded Mclean Federal model in sought after Estates at Princeton Junction. The two story foyer opens to formal the formal living room with bay window and the formal dining room on the other side . The hallway on either side of the stairs lead you to combined kitchen and breakfast area with island countertop. Family room across from the breakfast area with fireplace and additional windows is ready to meet your relaxation needs. Additional Sunroom adjacent to the kitchen/breakfast area adds to the ambience of leisure and luxury. Powder room and laundry room are discretely located by the garage. Centrally located hardwood stairs with a runner leads you to the upper level. Upper level boasts a sumptuous master bedroom suite with large walk-in closet and a master bath complete with separate shower stall and tub with jacuzzi jets. The other three bedrooms with ample light and closet space share a hallway bath. Full basement was recently finished with high end flooring, storage closets, and a luxurious full bathroom. Two car garage with additional driveway parking complete this beautiful home. Other features - Nine foot ceilings through out first floor, hardwood floors on both levels, & bay windows. Luxury living with Princeton address, minutes from NYC trains, shopping, entertainment, and Princeton University.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Gas, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Breakfast Area, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Island, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Media Room, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2802
  • Living Area Sq Ft: 2802
  • Price Per Sq Ft: 1.66
  • Above Grade Finished Sq Ft: 2802
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • 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: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District: WEST WINDSOR-PLAINSBORO REGIONAL
  • School District Key: 300200396174
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6360.00
  • Zoning: PRN1

Tax Info

  • Assessor Parcel Number: 3288720
  • Assessor Parcel Number: 13-00010 20-00036
  • Tax Total Finished Sq Ft: 2802
  • Close Date: 08/15/2021

MLS Schools

  • School District Name: WEST WINDSOR-PLAINSBORO REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Muthul Paramasivam and Muthul Vidhya
Bought by
Chandak Mukund and Biyani Prachi
Current Estimated Value
$1,247,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$614,894
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$623,261

Purchase Details

Closed on
Mar 31, 2011
Sold by
Paramasivan Chandrasekar and Chandra Vidhya Muthulakshmi
Bought by
Paramasivam Chandrasekar and Chandra Vidhya Muthulakshmi

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
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Estates At Princeton Junction
Bought by
Paramasivan Chandrasekar and Bramanayagam Muthulakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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List 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
Chandak Mukund $874,999 Allied Title
Paramasivam Chandrasekar -- None Available
Paramasivan Chandrasekar $644,891 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandak Mukund $647,200
Previous Owner Paramasivam Chandrasekar $250,000
Previous Owner Paramasivam Chandrasekar $405,000
Previous Owner Paramasivam Chandrasekar $417,000
Previous Owner Paramasivam Chandrasekar $417,000
Previous Owner Paramasivan Chandrasekar $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2021 08/15/21 Rented $4,750 +2.2% --
07/18/2021 07/18/21 Under Contract -- -- --
07/16/2021 07/16/21 For Rent $4,650 -- --
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 $19,649 $669,000 $210,800 $496,200
2023 $19,649 $669,000 $210,800 $458,200
2022 $19,267 $669,000 $210,800 $458,200
2021 $18,407 $644,500 $210,800 $433,700
2020 $18,072 $644,500 $210,800 $433,700
2019 $17,866 $644,500 $210,800 $433,700
2018 $17,698 $644,500 $210,800 $433,700
2017 $17,331 $644,500 $210,800 $433,700
2016 $16,957 $644,500 $210,800 $433,700
2015 $16,564 $644,500 $210,800 $433,700
2014 $16,370 $644,500 $210,800 $433,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2001144

Bright MLS

APN: 13-00010-20-00036