$900,000
SOLD AUG 1, 2023

516 Cherry Hill Rd Princeton, NJ 08540

4 Beds
3 Baths
-- Sq Ft
1.76 Acres

Recently Sold

102 Days on Market

Highlights

  • 1.76 Acre Lot
  • Rambler Architecture
  • Electric Baseboard Heater
  • Community Park Elementary School Rated A+
  • No HOA

About This Home

As of August 2023

A corner lot of 1.76 acres in a gorgeous section of Princeton known as The Ridge could be the site of your brand new home. Natural beauty prevails in this area, where wooded roads wind past rock formations and impressive, custom-built residences. Currently, a 4-bedroom ranch, in need of repair, stands on the site, but plans have already been approved for new construction offering over 7,000 square feet of living space. These plans can be shared, you can bring your own vision to life or you can renovate and expand on the existing house. No matter what you choose, you will love the screen of tall trees that embraces the back and side yards in leafy privacy. Driveway aprons open to both Cherry Hill and the quiet circle of Bouvant Drive, allowing you to also choose your new home’s main approach. With public water and sewer lines in place, variances granted and plans in hand, this project could get started right away!

Last Agent to Sell the Property

Debra McAuliffe

Callaway Henderson Sotheby's Int'l-Princeton License #1325593 Listed on: 03/28/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Susan DiMeglio

Callaway Henderson Sotheby's Int'l-Princeton License #9702048

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,149

Year Built

  • Built in 1952

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Rear Basement Entry

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Property has 1 Level
  • 1.76 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-02201-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,149

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Garage Access, Rear Entrance, Walkout Level
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • 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

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.76
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 76666.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13149.00
  • Assessor Parcel Number: 14-02201-00029
  • Tax Year: 2022
  • Close Date: 08/01/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jul 28, 2023
Sold by
Tsai Huei Kuo
Bought by
Tsai Jean Tsu and Kumar Anil
Seller's Agent
Debra McAuliffe
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%
Views
232
Current Estimated Value
$957,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,856
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Tsai Jack and Tsai Tony
Bought by
Tsai Huei Kuo and Tsai Jean Tsu

Purchase Details

Closed on
Jan 13, 2011
Sold by
Tsai Jean Tsu
Bought by
Tsai Tony

Purchase Details

Closed on
Dec 2, 2010
Sold by
Tsai Huei and Tsai Jean
Bought by
Tsai Huei and Tsai Jean

Purchase Details

Closed on
Aug 5, 1997
Sold by
Braeckel Paula
Bought by
Tsai Huei and Tsai Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.42%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $900,000 American Land Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $277,065 None Available
Interfamily Deed Transfer $277,065 None Available
Interfamily Deed Transfer -- None Available
Deed $221,895 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $900,000 -10.0% $551 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $999,999 -- $612 / 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
2024 $13,593 $413,000 $413,000 $0
2023 $13,593 $540,700 $413,000 $127,700
2022 $13,150 $540,700 $413,000 $127,700
2021 $14,407 $590,700 $463,000 $127,700
2020 $14,295 $590,700 $463,000 $127,700
2019 $14,011 $590,700 $463,000 $127,700
2018 $13,775 $590,700 $463,000 $127,700
2017 $13,586 $590,700 $463,000 $127,700
2016 $13,373 $590,700 $463,000 $127,700
2015 $13,066 $590,700 $463,000 $127,700
2014 $12,907 $590,700 $463,000 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2028338

Bright MLS

APN: 14-02201-0000-00029