NOT LISTED FOR SALE

51 Adams Dr Princeton, NJ 08540

Estimated Value: $2,742,000 - $3,931,000

4 Beds
2 Baths
-- Sq Ft
0.59 Acres

Last Sold July 28, 2015

Last sale price $1,695,000

Est. 98% increase in value since last sale

Current estimated payment $23,808/month

69 Days on Market

Highlights

  • Lake Front
  • Water Oriented
  • Deck
  • Riverside Elementary School Rated A
  • 0.59 Acre Lot
  • Contemporary Architecture

About This Home

As of July 2015

Uniquely unobstructed views of Lake Carnegie inspire in this Riverside home, styled with mid-century modern touches. The main living spaces adjoin and could become a fabulous open concept floor plan - soaring ceilings already highlight the dining room, as well as the spacious living room's floor-to-ceiling bookcases and stone fireplace. Sweeping lake views and a gently rolling lawn are a stunning backdrop for the connected balcony. A beautifully updated eat-in kitchen, filled with light, is designed in a neutral palette that complements the beauty of natural environs. 2 upstairs bedrooms, served by a full bath, complete this floor. A stylish open railing leads downstairs to 2 more bedrooms served by a full bath, one complete with walk-in and cedar closets. Nearby, a family room/bonus room is illuminated by walls of windows looking out to the water, and opens to an outdoor patio. Plenty of storage is found in the large workshop, and carport with separate storage area. Find inspiration in this lovely property, its wonderful close-to-town location and proximity to both Riverside school Princeton University.

Last Listed By

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 05/07/2015

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,543

Year Built

  • Built in 1960

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Irregular Lot
  • Back, Front, and Side Yard
  • Property is zoned R5

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • 3 Attached Carport Spaces

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Deck

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-06001-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,543

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Uniquely unobstructed views of Lake Carnegie inspire in this Riverside home, styled with mid-century modern touches. The main living spaces adjoin and could become a fabulous open concept floor plan - soaring ceilings already highlight the dining room, as well as the spacious living room's floor-to-ceiling bookcases and stone fireplace. Sweeping lake views and a gently rolling lawn are a stunning backdrop for the connected balcony. A beautifully updated eat-in kitchen, filled with light, is designed in a neutral palette that complements the beauty of natural environs. 2 upstairs bedrooms, served by a full bath, complete this floor. A stylish open railing leads downstairs to 2 more bedrooms served by a full bath, one complete with walk-in and cedar closets. Nearby, a family room/bonus room is illuminated by walls of windows looking out to the water, and opens to an outdoor patio. Plenty of storage is found in the large workshop, and carport with separate storage area. Find inspiration in this lovely property, its wonderful close-to-town location and proximity to both Riverside school Princeton University.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Lower Floor
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • View: Water
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • 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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 223500.00
  • Land Assessed Value: 1128600.00
  • Lot Features: Irregular, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25700.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2143516
  • Tax Annual Amount: 29543.00
  • Assessor Parcel Number: 14-06001-00010
  • Tax Lot: 00010
  • Tax Year: 2014
  • Close Date: 07/28/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 21, 2015
Sold by
Salkind Marion K and Salkind James A
Bought by
Funka Lea Gareth David and Funka Lea Cynthia Ann
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,750,000
Sold Price
$1,695,000
Premium/Discount to List
-$55,000
-3.14%
Total Days on Market
69
Current Estimated Value
$3,351,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,656,086
Avg. Annual Appreciation
8.19%

Range of Values:

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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
Funka Lea Gareth David $1,695,000 Title Village Title Agency L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funka Lea Gareth David $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $1,695,000 -3.1% --
07/15/2015 07/15/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $1,750,000 -- --
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
2024 $60,600 $2,410,500 $1,221,600 $1,188,900
2023 $60,600 $2,410,500 $1,221,600 $1,188,900
2022 $58,623 $2,410,500 $1,221,600 $1,188,900
2021 $58,792 $2,410,500 $1,221,600 $1,188,900
2020 $58,334 $2,410,500 $1,221,600 $1,188,900
2019 $57,177 $2,410,500 $1,221,600 $1,188,900
2018 $28,488 $1,221,600 $1,221,600 $0
2017 $33,543 $1,458,400 $1,221,600 $236,800
2016 $33,018 $1,458,400 $1,221,600 $236,800
2015 $29,953 $1,365,400 $1,128,600 $236,800
2014 $29,293 $1,352,100 $1,128,600 $223,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002597892

Bright MLS

APN: 14-06001-0000-00010