53 Cedar Ln Princeton, NJ 08540
Estimated Value: $1,027,833 - $1,267,000
3
Beds
1.5
Baths
--
Sq Ft
9,853
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- 1 Fireplace
- Riverside Elementary School Rated A
- Garden View
- Sun or Florida Room
About This Home
As of February 2020Welcome to 53 Cedar Lane! Situated on a Lovely Lot in the coveted Riverside neighborhood this Charming Home is a Delight to Behold. Perfectly located just a short distance from every convenience of Downtown Princeton, this Beautifully Maintained and Updated Property Features: Gleaming Hardwood Flooring, Large Living Room accentuated by the Cozy Fireplace with Custom Surround and Mantle and Arched Doorways; Elegant Dining Room with Glass Panel Door to the Sun-Lit Library; Kitchen with Stainless Steel Appliances, Built-In Microwave, Gas Cooking, and Ceramic Tile Flooring; a Fabulous Sun Room overlooking the Idyllic Gardens; and a Convenient Updated Powder Room and Laundry Room complete the Main Floor. Upstairs Boast Three Well-Appointed Bedrooms and a Full Remodeled Hallway Bathroom. Step Outside in to the Gorgeous, Private Backyard with Paver Patio, Sweeping Lawns and Mature Trees - The Perfect Spot for Relaxing, Entertaining or Playing. A Full Basement and a One Car Attached Garage. Just a short walk to the University, Riverside Elementary School and Vibrant Downtown Princeton. This gem is not to be missed!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,477
Year Built
- Built in 1941
Lot Details
- 9,853 Sq Ft Lot
- Wood Fence
- Level Lot
- Property is zoned R2
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Shingle Roof
- Stone Siding
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Living Room
- Formal Dining Room
- Library
- Sun or Florida Room
- Garden Views
- Storm Doors
- Unfinished Basement
Kitchen
- Self-Cleaning Oven
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
- Shed
Schools
- Riverside Elementary School
- John Witherspoon Middle School
- Princeton High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Riverside Subdivision
Listing and Financial Details
- Tax Lot 00038
- Assessor Parcel Number 14-00053 07-00038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2019
Closed on
Jan 30, 2020
Sold by
Procaccini Johanna Marie
Bought by
Gross Abby Lynn and Fuller George Henry
Seller's Agent
Janice Hutchinson
Hutchinson Homes Real Estate
Buyer's Agent
Ann Camille Lee
Corcoran Sawyer Smith
List Price
$875,000
Sold Price
$745,000
Premium/Discount to List
-$130,000
-14.86%
Total Days on Market
293
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
$396,708
Avg. Annual Appreciation
8.23%
Original Mortgage
$596,000
Outstanding Balance
$533,299
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$598,714
Purchase Details
Closed on
Sep 14, 2010
Sold by
Gering Benjamin M and Gering Johanna M
Bought by
Procaccini Johanna Marie and Gering Johanna M
Purchase Details
Closed on
Jul 31, 2007
Sold by
Procacini Samuel P and Procacini Diane B
Bought by
Gering Benjamine M and Gering Johanna M
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gross Abby Lynn | $745,000 | Trident Land Transfer Co Llc | |
| Procaccini Johanna Marie | -- | None Available | |
| Gering Benjamine M | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gross Abby Lynn | $596,000 | |
| Previous Owner | Procaccini Johanna Marie | $500,000 | |
| Previous Owner | Procaccini Johanna Marie | $75,000 | |
| Previous Owner | Procaccini Johanna M | $331,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $745,000 | -3.9% | -- |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- |
| 10/12/2019 10/12/19 | Price Changed | $775,000 | -11.4% | -- |
| 10/01/2019 10/01/19 | For Sale | $875,000 | +17.4% | -- |
| 09/30/2019 09/30/19 | Off Market | $745,000 | -- | -- |
| 07/22/2019 07/22/19 | Price Changed | $875,000 | -2.7% | -- |
| 03/15/2019 03/15/19 | Price Changed | $899,000 | -9.6% | -- |
| 01/24/2019 01/24/19 | For Sale | $995,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $16,519 | $663,000 | $496,000 | $167,000 |
| 2023 | $16,519 | $657,100 | $496,000 | $161,100 |
| 2022 | $15,098 | $620,800 | $471,000 | $149,800 |
| 2021 | $15,141 | $620,800 | $471,000 | $149,800 |
| 2020 | $15,023 | $620,800 | $471,000 | $149,800 |
| 2019 | $14,725 | $620,800 | $471,000 | $149,800 |
| 2018 | $14,477 | $620,800 | $471,000 | $149,800 |
| 2017 | $14,278 | $620,800 | $471,000 | $149,800 |
| 2016 | $14,055 | $620,800 | $471,000 | $149,800 |
| 2015 | $13,670 | $618,000 | $471,000 | $147,000 |
| 2014 | $13,503 | $618,000 | $471,000 | $147,000 |
Source: Public Records
Agents Affiliated with this Home
-
Janice Hutchinson
Seller's Agent in 2020
Janice Hutchinson
Hutchinson Homes Real Estate
(609) 658-4900
7 in this area
130 Total Sales
-
Ann Camille Lee
Buyer's Agent in 2020
Ann Camille Lee
Corcoran Sawyer Smith
(609) 529-6146
2 Total Sales
Map
Source: Bright MLS
MLS Number: NJME204450
APN: 14-00053-07-00038
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