NOT LISTED FOR SALE

53 Cedar Ln Princeton, NJ 08540

Estimated Value: $1,013,669 - $1,260,000

3 Beds
1.5 Baths
-- Sq Ft
9,853 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $745,000

Est. 55% increase in value since last sale

Current estimated payment $7,535/month

293 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Fireplace
  • Riverside Elementary School Rated A
  • Garden View
  • Sun or Florida Room

About This Home

As of February 2020

Welcome 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!

Last Agent to Sell the Property

Janice Hutchinson

(609) 658-4900 janice@hutchinsonteam.com Hutchinson Homes Real Estate License #16752 Listed on: 01/24/2019

Last Buyer's Agent

Ann Camille Lee

(609) 529-6146 camille.lee@foxroach.com Corcoran Sawyer Smith License #570094

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,477

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven - Self Cleaning, Refrigerator, Dryer, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Formal/Separate Dining Room, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Library, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Fencing: Wood
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9853.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14477.00
  • Assessor Parcel Number: 14-00053 07-00038
  • Tax Lot: 00038
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

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%
Current Estimated Value
$1,151,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,667
Avg. Annual Appreciation
7.79%
Original Mortgage
$596,000
Outstanding Balance
$527,716
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$623,951

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $17,656 $663,000 $496,000 $167,000
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME204450

Bright MLS

APN: 14-00053-07-00038