NOT LISTED FOR SALE

52 Sturges Way Princeton, NJ 08540

Estimated Value: $1,580,391 - $1,743,000

4 Beds
3.5 Baths
2,855 Sq Ft
$581/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $1,300,000 $455 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,423/month

22 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Loft
  • No HOA
  • Riverside Elementary School Rated A
  • 1 Fireplace
  • Den

About This Home

As of October 2023

This custom-built home lies at the end of a quiet cul-de- sac one block from Riverside elementary school and close to downtown, the shopping center and the high- and middle schools. Built in 1967, this open-concept home is being offered for sale for the first time. Designed by its original owners, a professor, and a designer in the office of Michael Graves, there are many touches that is reminiscent of the Graves’ design aesthetic throughout the home. The open concept first floor is bathed in natural light with floor-to-ceiling picture windows overlooking a professionally landscaped backyard with a brick patio and a 150-year-old tree planted by the owners of the cherry orchard that was once on the property. The living room features a two-sided fireplace, with its nods to Michael Graves in its placement and tubular chimneys. The room features a beamed ceiling, transom windows along the length of the room, custom cabinetry, and a large glass slider to a private backyard brick patio. Off of the living room there is a private study area, with its own private patio on the front of the home and a Yamaguchi-like outdoor concrete sculpture best viewed from the living room. On the other side of the fireplace from the living room, there is the breakfast room and kitchen beyond. Details such Miele stainless steel appliances, custom-built cabinets with a pull-out spice rack, granite counter and a butcher block peninsula make this a versatile and pleasant gourmet kitchen open to the rest of the house. The dining room is next to the kitchen and features a custom built-in buffet, perfect for storage and displaying objects of art. The large family room is beyond the dining room and is airy and bright with an oversized skylight and provides even more access to the rear yard. To complete the first floor there is a bonus space which was used as a studio apartment with its own bath, kitchenette, and separate exterior entrance at the front of the house. A small powder room near the front door rounds out the first floor of this unique home. The second floor is home to a large primary bedroom suite with a cathedral ceiling and its own private balcony. The ensuite has a jetted bathtub and granite topped vanity. Design ideas from Michael Graves can be seen in the pendant lighting either side of the bedroom and in the tile design in the upstairs bathrooms. The two bedrooms to the rear of the second floor are off of a large room “playroom” space, perfect for homework, recreation, or relaxation. There is another full bathroom off of the playroom. There is a large semi-finished basement with a high ceiling that also includes a laundry area and plenty of room for storage in large closets and a small storage area that once served as a small wine cellar. The nicely landscaped, shady yard features large brick patios and extensive outdoor lighting. There is a storage shed for bikes and yard equipment attached to the side of the house. A wonderful, one-of-a-kind home in an extraordinary location looking for a new owners. It is truly a must see!

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 08/03/2023

Last Buyer's Agent

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 08/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,841

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R2

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 2,855 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Loft
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

  • Riverside Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00168
  • Assessor Parcel Number 14-00056 03-00168

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,841

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Mid-Century Modern
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Breakfast Room, Loft, Office
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2855
  • Living Area Sq Ft: 2855
  • Price Per Sq Ft: 419.96
  • Above Grade Finished Sq Ft: 2855
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 52

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • 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
  • Elementary School: RIVERSIDE E.S.
  • Middle School: PRINCETON
  • High School: PRINCETON
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: 3rd Party
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17841.00
  • Assessor Parcel Number: 14-00056 03-00168
  • Tax Lot: 00168
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/04/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 18, 2023
Sold by
Goodman Lionel
Bought by
Goodman Steve E and Mravca-Bailey Jordan
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%
Views
68
Current Estimated Value
$1,658,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,848
Avg. Annual Appreciation
13.03%
Original Mortgage
$450,000
Outstanding Balance
$441,151
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$1,217,697
Source: Public Records

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 Buyer Sale Price Title Company
Goodman Steve E $1,284,700 Foundation Title
Mravca-Bailey Andrew $1,284,700 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mravca-Bailey Andrew $450,000
Closed Mravca-Bailey Andrew $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $1,300,000 +8.4% $455 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,199,000 -- $420 / 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 $19,536 $763,000 $476,000 $287,000
2024 $18,443 $733,600 $476,000 $257,600
2023 $18,443 $733,600 $476,000 $257,600
2022 $17,841 $733,600 $476,000 $257,600
2021 $17,893 $733,600 $476,000 $257,600
2020 $17,503 $733,600 $476,000 $257,600
2019 $17,401 $733,600 $476,000 $257,600
2018 $17,108 $733,600 $476,000 $257,600
2017 $16,873 $733,600 $476,000 $257,600
2016 $15,182 $670,600 $400,000 $270,600
2015 $14,584 $670,600 $400,000 $270,600
2014 $14,403 $670,600 $400,000 $270,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2033340

Bright MLS

APN: 14-00056-03-00168