NOT LISTED FOR SALE

518 State Rd Princeton, NJ 08540

Estimated Value: $1,494,000 - $1,734,000

4 Beds
4 Baths
-- Sq Ft
1.48 Acres

Last Sold August 05, 2022

Last sale price $1,050,000

Est. 50% increase in value since last sale

Current estimated payment $10,352/month

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Community Park Elementary School Rated A+
  • 1.48 Acre Lot
  • Curved or Spiral Staircase

About This Home

As of August 2022

A tremendous amount of natural light fills this classically renovated home, where openly flowing, freshly painted spaces have a calm and luminous feel that surpasses expectations. Woodsy surroundings create a leafy backdrop for summer days spent out on the deck and lend privacy to the front formal rooms with big picture windows. Gorgeous renovated bathrooms, a renovated kitchen and hardwood floors, some of which are brand new and a perfect match to existing refinished areas, offer a move-right-in experience. A wet bar with wine fridge bridges the skylit, 2-story family room and the eat-in kitchen just redone in white Quartz, textured tile and stainless steel. Having a main level full bath opens up added possibilities for a study and a corner great room, which you might use as play space one day and guest quarters the next. This big bonus space adds so much valuable square footage, as does the finished, multi-room basement. With yet another full bath and glass doors to the outside, it's easy to envision a portion of the lower level as a second option for the ultimate work-from-home refuge. You will surely be impressed with the many main suite amenities: a gas fireplace,
balcony, double walk-ins and a gloriously sunlit shower of enormous proportions. A hall bath updated in marble serves 3 more bedrooms. The seconds-from-everything location will save you valuable time when doing everything from running errands to enjoying a night on the town! Top-ranked Princeton public schools are under 2 miles away and Princeton University is just a half-mile further. Some photos are virtually staged.

Last Agent to Sell the Property

Maura Mills

(609) 947-5757 mmills@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 05/18/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Joseph Berendsohn

(267) 391-8763 josephberendsohn@gmail.com Weichert Realtors License #1643783

Weichert Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,558

Year Built

  • Built in 1991 | Remodeled in 2022

Lot Details

  • 1.48 Acre Lot
  • Landscaped
  • Private Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • 7 Driveway Spaces
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Studio
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Views of Woods
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Exterior Lighting

Schools

  • Community Park Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00025
  • Assessor Parcel Number 14-02501-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,558

Year Built

Built in 1991 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, washer, dryer.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-18
  • Federal Flood Zone: No
  • Year Built: 1991
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: A tremendous amount of natural light fills this classically renovated home, where openly flowing, freshly painted spaces have a calm and luminous feel that surpasses expectations. Woodsy surroundings create a leafy backdrop for summer days spent out on the deck and lend privacy to the front formal rooms with big picture windows. Gorgeous renovated bathrooms, a renovated kitchen and hardwood floors, some of which are brand new and a perfect match to existing refinished areas, offer a move-right-in experience. A wet bar with wine fridge bridges the skylit, 2-story family room and the eat-in kitchen just redone in white Quartz, textured tile and stainless steel. Having a main level full bath opens up added possibilities for a study and a corner great room, which you might use as play space one day and guest quarters the next. This big bonus space adds so much valuable square footage, as does the finished, multi-room basement. With yet another full bath and glass doors to the outside, it's easy to envision a portion of the lower level as a second option for the ultimate work-from-home refuge. You will surely be impressed with the many main suite amenities: a gas fireplace, balcony, double walk-ins and a gloriously sunlit shower of enormous proportions. A hall bath updated in marble serves 3 more bedrooms. The seconds-from-everything location will save you valuable time when doing everything from running errands to enjoying a night on the town! Top-ranked Princeton public schools are under 2 miles away and Princeton University is just a half-mile further. Some photos are virtually staged.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Stainless Steel Appliances, Built-In Range
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Stall Shower, Walk-In Closet(s), Wood Floors, Bar, Built-Ins, Curved Staircase, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Studio, Tub Shower, Upgraded Countertops, Wet/Dry Bar
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Foyer, Exercise Room, Great Room, Office, Recreation Room, Utility Room, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods
  • 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
  • Garage Features: Basement Garage, Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 7

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: PRINCETON
  • High School: PRINCETON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 584000.00
  • Land Assessed Value: 299900.00
  • Lot Features: Front Yard, Landscaping, Partly Wooded, Private, Rear Yard, Sideyard(s), Stream/Creek
  • Lot Size Acres: 1.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64469.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2142038
  • Tax Annual Amount: 21558.00
  • Assessor Parcel Number: 14-02501-00025
  • Tax Lot: 00025
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/05/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 28, 2022
Sold by
Lian Jean
Bought by
Tsai Kevin Jeh-Wen and Lin Yu Chu
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Joseph Berendsohn
Weichert Realtors
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,574,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,836
Avg. Annual Appreciation
13.87%
Original Mortgage
$678,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2008
Sold by
Jean Lian
Bought by
State Of Nj Dept Of Transp

Purchase Details

Closed on
Oct 22, 1999
Sold by
Taghehchian Mohamed
Bought by
Jean Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,920
Interest Rate
7.78%

Purchase Details

Closed on
May 4, 1994
Sold by
Fintax Realty Inc
Bought by
Taghehchian Mohamed and Taghehchian Mogjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
8.74%
Source: Public Records

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
Tsai Kevin Jeh-Wen $1,050,000 Fidelity National Title
Tsai Kevin Jeh-Wen $1,050,000 Fidelity National Title
State Of Nj Dept Of Transp $1,900 --
Jean Lian $599,900 --
Taghehchian Mohamed $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsai Kevin Jeh-Wen $678,000
Previous Owner Lian Jean $250,000
Previous Owner Jean Lian $479,920
Previous Owner Taghehchian Mohamed $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $1,050,000 -4.5% --
05/18/2022 05/18/22 For Sale $1,100,000 0.0% --
08/03/2020 08/03/20 Rented $6,000 +7.1% --
07/21/2020 07/21/20 Price Changed $5,600 -3.4% $2 / Sq Ft
07/10/2020 07/10/20 Price Changed $5,800 -3.3% $2 / Sq Ft
06/26/2020 06/26/20 For Rent $6,000 -- --
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
2025 $23,538 $883,900 $299,900 $584,000
2024 $22,221 $883,900 $299,900 $584,000
2023 $22,221 $883,900 $299,900 $584,000
2022 $21,496 $883,900 $299,900 $584,000
2021 $24,746 $1,014,600 $299,900 $714,700
2020 $24,553 $1,014,600 $299,900 $714,700
2019 $24,066 $1,014,600 $299,900 $714,700
2018 $23,479 $1,006,800 $299,900 $706,900
2017 $23,156 $1,006,800 $299,900 $706,900
2016 $22,794 $1,006,800 $299,900 $706,900
2015 $22,270 $1,006,800 $299,900 $706,900
2014 $21,999 $1,006,800 $299,900 $706,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2016606

Bright MLS

APN: 14-02501-0000-00025