NOT LISTED FOR SALE

478 Riverside Dr Princeton, NJ 08540

Estimated Value: $2,786,000 - $3,364,000

5 Beds
7 Baths
3,924 Sq Ft
$780/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2022

Last sale price $2,500,000 $637 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,987 / mo

Highlights

  • Heated In Ground Pool
  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Riverside Elementary School Rated A+
  • View of Trees or Woods
  • Colonial Architecture

About This Home

As of October 2022

An extraordinary opportunity to own this beautiful home in the Riverside Section of Princeton. This .53 acre lot is open and level it has a deep front yard with beautiful views. The backyard is sunlit with a gunite in ground saltwater swimming pool. Additional trees have been added to the perimeter for privacy. This home boasts five bedrooms with four full bathrooms and two half bathrooms. This is the perfect home for entertaining with an oversized gourmet kitchen with a Viking Appliance package and marble countertops. The kitchen opens up to an oversized breakfast room and family room with a cozy fireplace. The spacious formal living room has extensive molding.. There is a bedroom and a full bathroom on the first floor. The second floor has four bedrooms with three full bathrooms and a laundry room. The basement is finished its 1,650 square feet with a half bathroom and a laundry room.. The Princeton Schools are located nearby and walking distance to Riverside Elementary, downtown restaurants, shopping and Princeton University.

Last Agent to Sell the Property

Marycoleen Grosso

(609) 924-5353 marygrosso@aol.com Queenston Realty, LLC Listed on: 09/13/2022

Queenston Realty, LLC

Last Buyer's Agent

Vanessa Shives

(609) 924-5353 vanessa.shives@gmail.com Queenston Realty, LLC License #571828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,380

Year Built

  • Built in 2019

Lot Details

  • 23,000 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Private Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,924 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Double Hung Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Mud Room
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen in Efficiency Studio
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Permits for Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

  • Riverside Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision, Magnolia Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00020
  • Assessor Parcel Number 14-07805-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,380

Year Built

Built in 2019

Lot Details

0.53 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Please See Listing Agent
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-13
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Energy Efficient Appliances, Exhaust Fan, Oven - Double, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater, Water Heater - High-Efficiency
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors, Butlers Pantry
  • Window Features: Double Pane, Double Hung, Casement, Screens, Replacement
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Breakfast Room, Bedroom 1, Laundry, Mud Room, Bathroom 1, Bathroom 2, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Poured Concrete, Sump Pump
  • Laundry Type: Lower Floor, Upper Floor
  • Total Sq Ft: 3924
  • Living Area Sq Ft: 3924
  • Price Per Sq Ft: 675.08
  • Above Grade Finished Sq Ft: 3924
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Street Lights, Underground Lawn Sprinkler, Exterior Lighting, Gutter System
  • Pool Features: Gunite, Heated, In Ground, Permits, Saltwater
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Attached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially
  • Improvement Assessed Value: 1020600.00
  • Land Assessed Value: 553000.00
  • Lot Features: Cleared, Front Yard, Landscaping, Level, Partly Wooded, Rear Yard, Private, Sideyard(s)
  • Lot Size Acres: 0.53
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R5

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2145289
  • Tax Annual Amount: 38380.00
  • Assessor Parcel Number: 14-07805-00020
  • Tax Lot: 00020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 18, 2022
Sold by
Eagle Pine Holdings Llc
Bought by
Sethuraman Venkat and Seema Betiger1
Seller's Agent
Marycoleen Grosso
Queenston Realty, LLC
Buyer's Agent
Vanessa Shives
Queenston Realty, LLC
List Price
$2,649,000
Sold Price
$2,500,000
Premium/Discount to List
-$149,000
-5.62%
Current Estimated Value
$3,061,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,039
Avg. Annual Appreciation
5.90%
Original Mortgage
$2,000,000
Outstanding Balance
$1,924,320
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$1,136,719

Purchase Details

Listed on
Nov 18, 2019
Closed on
May 7, 2020
Sold by
Grosso Homes Llc
Bought by
Eagle Pine Holdings Llc
Seller's Agent
Marycoleen Grosso
QUEENSTON REALTY
Buyer's Agent
Marycoleen Grosso
QUEENSTON REALTY
List Price
$2,098,000
Sold Price
$1,902,000
Premium/Discount to List
-$196,000
-9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jun 25, 2019
Sold by
Geller Paul and Geller Susan
Bought by
Grosso Homes Limited Liability Company
Seller's Agent
Laura Huntsman
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Marycoleen Grosso
Queenston Realty, LLC
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
215.46%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Knight Lina
Bought by
Geller Paul and Geller Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sethuraman Venkat $2,500,000 --
Sethuraman Venkat $2,500,000 None Listed On Document
Eagle Pine Holdings Llc $1,902,000 Old Republic Title Ins Co
Grosso Homes Limited Liability Company $750,000 None Available
Geller Paul $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethuraman Venkat $2,000,000
Closed Sethuraman Venkat $2,000,000
Previous Owner Geller Paul $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $2,500,000 -5.6% $637 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $2,649,000 +39.3% $675 / Sq Ft
05/08/2020 05/08/20 Sold $1,902,000 -9.3% -- View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $2,098,000 +179.7% --
07/17/2019 07/17/19 Sold $750,000 0.0% -- View Prior Sale
04/15/2019 04/15/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $750,000 -- --
Source: Bright MLS

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 $45,101 $1,693,600 $553,000 $1,140,600
2024 $42,577 $1,693,600 $553,000 $1,140,600
2023 $42,577 $1,693,600 $553,000 $1,140,600
2022 $38,270 $1,573,600 $553,000 $1,020,600
2021 $38,380 $1,573,600 $553,000 $1,020,600
2020 $38,081 $553,000 $553,000 $0
2019 $16,315 $687,800 $553,000 $134,800
2018 $16,040 $687,800 $553,000 $134,800
2017 $15,819 $687,800 $553,000 $134,800
2016 $15,572 $687,800 $553,000 $134,800
2015 $13,951 $630,700 $503,000 $127,700
2014 $13,781 $630,700 $503,000 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2021484

Bright MLS

APN: 14-07805-0000-00020

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