NOT LISTED FOR SALE

48 Philip Dr Princeton, NJ 08540

Estimated Value: $2,013,000 - $2,338,000

5 Beds
4 Baths
3,366 Sq Ft
$632/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $1,150,000 $342 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $13,505/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Riverside Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of December 2018

Welcome home to this traditional colonial with a twist! As you enter the home note the gracious entry hall that leads to the formal living areas of the home. The formal living room is large and has a welcoming fireplace, views are of the front, side and rear of the property. The dining room has recessed lights and a formal air with chair rail trim. As you move into the home be surprised by the extra living space. Not only does this home have a family room with another fire place with hearth seating,recessed lights, painted beam detail on ceiling and access to the sun room, there is a large great room off the kitchen! This space has large slider the deck as well as access to the side yard. The flow is seamless and makes the kitchen seem truly the heart of the home. There are several built in cabinets and cabinets in the breakfast area,family room and sun room providing lots of storage space. To complete the first floor there is the renovated full bath with shower. There are hardwood floors through out the first floor with an interesting herringbone brick floor in the sun room. The second floor is home to the five good size bedrooms. The master has a retreat like feel. Plenty of storage with two hanging closets as well as a walk in closet. The bath has even a double vanity to make getting ready easier! The second bedroom has its own private bath too! Bedroom number 3 has access to the hall bath which is shares with the last two bedrooms, which both have great built in bookcases. Storage is ample in the large unfinished basement. There is exterior access as well as access from the stairs in the garage and home. The two car garage has interior access too. The yard has a good size and the tiered deck is perfect for entertaining and connects the outside in. Close to Riverside elementary school, downtown and University,great home in a great location!

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 10/28/2018

Last Buyer's Agent

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 10/28/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,314

Year Built

  • Built in 1964

Lot Details

  • 0.52 Acre Lot
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,366 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Stone Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-07803-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,314

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Drapes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1964
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Wall
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Kitchen - Eat-In
  • Fireplace Features: Brick, Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3366
  • Living Area Sq Ft: 3366
  • Net Sq Ft: 3366.00
  • Price Per Sq Ft: 295.60
  • Above Grade Finished Sq Ft: 3366
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Roof: Pitched, 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
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 276200.00
  • Land Assessed Value: 552000.00
  • Lot Size Acres: 0.52
  • Lot Dimensions: .52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22651.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145248
  • Tax Annual Amount: 19314.00
  • Assessor Parcel Number: 14-07803-00008
  • Tax Lot: 00008
  • Tax Year: 2018

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2018
Closed on
Dec 13, 2018
Sold by
Farmer George E and Farmer Jacob A
Bought by
Chui Sung Lu Wong Casey and An Lu Wong Anne Hue
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$995,000
Sold Price
$1,150,000
Premium/Discount to List
$155,000
15.58%
Current Estimated Value
$2,127,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$977,021
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Farmer George E
Bought by
Farmer George E and Farmer Jacon A
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
Chui Sung Lu Wong Casey $1,150,000 Fidelity Natl Title Ins Co
Farmer George E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $1,150,000 +15.6% $342 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/28/2018 10/28/18 For Sale $995,000 -- $296 / 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
2025 $27,671 $1,039,100 $552,000 $487,100
2024 $25,535 $1,039,100 $552,000 $487,100
2023 $25,535 $1,015,700 $552,000 $463,700
2022 $24,702 $1,015,700 $552,000 $463,700
2021 $24,773 $1,015,700 $552,000 $463,700
2020 $24,580 $1,015,700 $552,000 $463,700
2019 $21,794 $918,800 $552,000 $366,800
2018 $19,314 $828,200 $552,000 $276,200
2017 $19,049 $828,200 $552,000 $276,200
2016 $18,750 $828,200 $552,000 $276,200
2015 $22,631 $1,023,100 $502,000 $521,100
2014 $22,355 $1,023,100 $502,000 $521,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME100132

Bright MLS

APN: 14-07803-0000-00008