Seller's Agent in 2022
Jean Rubin
Coldwell Banker Residential Brokerage - Princeton
(973) 903-6777
4 in this area
51 Total Sales
502 Cherry Valley Rd Princeton, NJ 08540
Estimated Value: $1,968,000 - $2,290,340
7
Beds
5.5
Baths
6,600
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- 1.38 Acre Lot
- Colonial Architecture
- Johnson Park School Rated A+
- Curved or Spiral Staircase
- Marble Flooring
About This Home
As of March 2022Live the Lifestyle You Have Imagined in this Stunning 6600 Square Foot Custom Built Center-Hall Colonial. This North Facing Full Brick Mansion features, 7 Bedrooms and 5 1/2 Bathrooms. A Soaring Foyer with a Circular Staircase Welcomes You to the First Floor. You can Entertain in a Grand Style in the Impressive 32 by 27 Great Room with a 13 Ceiling and lots of Natural Light and Supported by a Long Elegant Butler's Pantry with Marble Countertops. Enjoy the Gourmet Kitchen with Granite and Cherry, and High-End Stainless-Steel Appliances. The Gracious Living Continues with Solid Oak Hardwood Floors Throughout the Family Room, a Breakfast Alcove, a Formal Dining Room, a Guest Suite and an Office/Study. This Expansive Home Feels Bright and Cheery with All the Natural Light through the Pella Windows. The Main Staircase or the Rear Stairs will Lead You to the 2nd floor which Boasts a Luxurious Master Bedroom with a Massive Walk-In Closet and Accommodates Five More Bedrooms. A Separate Staircase will Lead You to a Huge 3rd Floor Eyrie, which could be an Ideal Playroom or Private Salon. Three Distinct Gas HVAC Systems and Furnaces Allow You the Flexibility to Control Your Environment. In Addition to All the Expansive Living Space Above Ground, this Home also has a Full Basement Approximately 3,000 Square Feet with a 10 Ceiling. This Luxury Home Sits on a 1.38 Acre Park Like Wooded Lot in Princeton with an Attached Three Car Garage. Close to Princeton Day School, Stuart Country Day School, and Princeton Academy. Located 5 minutes from Princeton University and Downtown Princeton and 15 minutes from Princeton Junction train station.
Last Agent to Sell the Property
(973) 903-6777 jean.rubin@cbmoves.com Coldwell Banker Residential Brokerage - Princeton Listed on: 11/13/2021
Last Buyer's Agent
(609) 610-5789 nicolewolfrealestate@gmail.com BHHS Fox & Roach - Princeton License #1865072
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,219
Year Built
- Built in 2009
Lot Details
- 1.38 Acre Lot
- North Facing Home
- Property is zoned R1
Parking
- 3 Car Direct Access Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 6,600 Sq Ft Home
- Property has 3 Levels
- Wet Bar
- Curved or Spiral Staircase
- Dual Staircase
- 2 Fireplaces
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Home Office
- Basement Fills Entire Space Under The House
Kitchen
- Gourmet Kitchen
- Breakfast Room
- Butlers Pantry
- Double Oven
- Gas Oven or Range
- Down Draft Cooktop
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Johnson Park Elementary School
- John Witherspoon Middle School
- Princeton High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Programmable Thermostat
- Multi-Tank Natural Gas Water Heater
- Septic Equal To The Number Of Bedrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00013
- Assessor Parcel Number 14-00202-00013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2021
Closed on
Mar 31, 2022
Sold by
Wilson Merrick B
Bought by
Aslam Saad Pervez and Aslam Janelle
Seller's Agent
Jean Rubin
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
NICOLE WOLF
BHHS Fox & Roach - Princeton
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,447
Avg. Annual Appreciation
7.98%
Original Mortgage
$1,280,000
Outstanding Balance
$1,188,896
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$930,551
Purchase Details
Closed on
Jan 12, 2005
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aslam Saad Pervez | $1,600,000 | First American Title | |
| -- | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aslam Saad Pervez | $1,280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $1,600,000 | -19.8% | $242 / Sq Ft |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- |
| 11/13/2021 11/13/21 | For Sale | $1,995,000 | 0.0% | $302 / Sq Ft |
| 03/22/2021 03/22/21 | Rented | $9,700 | +2.1% | -- |
| 03/19/2021 03/19/21 | Under Contract | -- | -- | -- |
| 12/29/2020 12/29/20 | Price Changed | $9,500 | -5.0% | $1 / Sq Ft |
| 10/03/2020 10/03/20 | For Rent | $10,000 | -16.7% | -- |
| 08/22/2020 08/22/20 | Rented | $12,000 | +20.0% | -- |
| 08/07/2020 08/07/20 | Under Contract | -- | -- | -- |
| 07/22/2020 07/22/20 | Price Changed | $10,000 | +14.3% | $2 / Sq Ft |
| 01/17/2020 01/17/20 | For Rent | $8,750 | -95.7% | -- |
| 05/01/2018 05/01/18 | Rented | $204,000 | +2300.0% | -- |
| 04/09/2018 04/09/18 | Under Contract | -- | -- | -- |
| 04/01/2018 04/01/18 | For Rent | $8,500 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $29,293 | $1,100,000 | $262,800 | $837,200 |
| 2024 | $27,654 | $1,100,000 | $262,800 | $837,200 |
| 2023 | $27,654 | $1,100,000 | $262,800 | $837,200 |
| 2022 | $26,752 | $1,100,000 | $262,800 | $837,200 |
| 2021 | $26,829 | $1,100,000 | $262,800 | $837,200 |
| 2020 | $29,219 | $1,207,400 | $262,800 | $944,600 |
| 2019 | $28,640 | $1,207,400 | $262,800 | $944,600 |
| 2018 | $19,309 | $828,000 | $328,000 | $500,000 |
| 2017 | $19,044 | $828,000 | $328,000 | $500,000 |
| 2016 | $18,746 | $828,000 | $328,000 | $500,000 |
| 2015 | $18,315 | $828,000 | $328,000 | $500,000 |
| 2014 | $18,092 | $828,000 | $328,000 | $500,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Rubin
-
NICOLE WOLF
Buyer's Agent in 2022
NICOLE WOLF
BHHS Fox & Roach
(609) 610-5789
11 in this area
45 Total Sales
-
Donna Murray
Buyer's Agent in 2021
Donna Murray
BHHS Fox & Roach
(908) 391-8396
10 in this area
178 Total Sales
-
Ira Lackey Jr
Buyer's Agent in 2020
Ira Lackey Jr
Callaway Henderson Sotheby's Int'l-Princeton
(609) 203-2099
5 in this area
39 Total Sales
-
Catherine O'Connell
Buyer's Agent in 2018
Catherine O'Connell
Coldwell Banker Residential Brokerage-Princeton Jct
(908) 380-2034
2 in this area
119 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2007236
APN: 14-00202-0000-00013
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