NOT LISTED FOR SALE

55 Clarke Ct Princeton, NJ 08540

Estimated Value: $2,318,657 - $2,474,000

5 Beds
4.5 Baths
5,204 Sq Ft
$459/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,535,000 $295 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $15,560/month

Highlights

  • Contemporary Architecture
  • Recreation Room
  • 3 Fireplaces
  • Johnson Park School Rated A+
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2021

At the end of a quiet cul-de-sac surrounded by mature trees and shrubs lies this property for sale in the popular Russell Estates section of Princeton. Major renovations in 2018 makes htis home move in ready!As you pass through the entrance a double entry way greets you and welcomes you into this incredible home. The double height living room is dramatic, with views of the rear yard, access to deck, fireplace, and recessed area which is ideal for desk, table or private sitting spot. The living room is also open to the second floor with balconies and a catwalk. The formal dining room is off to one side of the living room and is now open to the kitchen/breakfast area as well as the family room. The kitchen is large, with a large island with space for sitting . The appliances are all stainless steel, Wolf Cooktop and JennAir refrigerator and wall oven. The breakfast area is welcoming and large. Off the kitchen is the laundry, mud room, access to the garage and side entrance. Note the cubbies, great for storing all those mittens and scarves. The drying rack, above the washer and dryer is a useful addition to the room. The family room, now open to the kitchen and the dining room, has a fireplace, skylights and vaulted ceilings. To complete the first floor the primary suite feels like its own wing with bedroom, renovated private bath with double vanity, over sized shower with overhead rain shower head and entrance to room currently used as an office, with its built in bookshelves and fireplace. The second floor is equally spacious. At the top of the stairs is a loft, open to the living room. Three bedrooms and a renovated hall bath are in this area of the second floor, as you walk along the catwalk you enter an area that could be closed to be a completely separate wing with its own bed, full renovated bath, storage area and stairs to the kitchen area below. There are hardwood floors in all the living areas of this home and tile in kitchen, breakfast areas and mudroom. The basement is finished but also has storage and a great workout space area that has professional gym flooring installed. This is a home not to be missed!!!

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 02/26/2021

Last Buyer's Agent

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 02/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,068

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Property is zoned R2

HOA Fees

  • $133 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 5,204 Sq Ft Home
  • Property has 2 Levels
  • 3 Fireplaces
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Recreation Room
  • Loft
  • Laundry Room
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Johnson Park Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00069
  • Assessor Parcel Number 14-08401-00069

Community Details

Overview

  • Association fees include common area maintenance
  • Russell Estates Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,068

Year Built

Built in 1988

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: At the end of a quiet cul-de-sac surrounded by mature trees and shrubs lies this property for sale in the popular Russell Estates section of Princeton. Major renovations in 2018 makes htis home move in ready!As you pass through the entrance a double entry way greets you and welcomes you into this incredible home. The double height living room is dramatic, with views of the rear yard, access to deck, fireplace, and recessed area which is ideal for desk, table or private sitting spot. The living room is also open to the second floor with balconies and a catwalk. The formal dining room is off to one side of the living room and is now open to the kitchen/breakfast area as well as the family room. The kitchen is large, with a large island with space for sitting . The appliances are all stainless steel, Wolf Cooktop and JennAir refrigerator and wall oven. The breakfast area is welcoming and large. Off the kitchen is the laundry, mud room, access to the garage and side entrance. Note the cubbies, great for storing all those mittens and scarves. The drying rack, above the washer and dryer is a useful addition to the room. The family room, now open to the kitchen and the dining room, has a fireplace, skylights and vaulted ceilings. To complete the first floor the primary suite feels like its own wing with bedroom, renovated private bath with double vanity, over sized shower with overhead rain shower head and entrance to room currently used as an office, with its built in bookshelves and fireplace. The second floor is equally spacious. At the top of the stairs is a loft, open to the living room. Three bedrooms and a renovated hall bath are in this area of the second floor, as you walk along the catwalk you enter an area that could be closed to be a completely separate wing with its own bed, full renovated bath, storage area and stairs to the kitchen area below. There are hardwood floors in all the living areas of this home and tile in kitchen, breakfast areas and mudroom. The basement is finished but also has storage and a great workout space area that has professional gym flooring installed. This is a home not to be missed!!!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Fireplaces Count: 3
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, Laundry, Loft, Office, Recreation Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 5204
  • Living Area Sq Ft: 5204
  • Price Per Sq Ft: 307.26
  • Above Grade Finished Sq Ft: 5204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 55

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • 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: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: PRINCETON
  • High School: PRINCETON H.S.
  • 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: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 684500.00
  • Land Assessed Value: 558000.00
  • Lot Size Acres: 0.58
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25265.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145516
  • Tax Annual Amount: 30068.00
  • Assessor Parcel Number: 14-08401-00069
  • Tax Lot: 00069
  • Tax Total Finished Sq Ft: 5204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 21, 2021
Sold by
Kramer Craig S
Bought by
Cervantes Francisco and Cai Jie
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$1,599,000
Sold Price
$1,535,000
Premium/Discount to List
-$64,000
-4%
Current Estimated Value
$2,389,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,886
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,228,000
Outstanding Balance
$1,102,348
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,236,077

Purchase Details

Closed on
May 10, 2019
Sold by
Kramer Craig S and Lee Michele M
Bought by
Kramer Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Berkman Paul
Bought by
Kramer Craig and Lee Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

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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
Cervantes Francisco $1,535,000 Empire Ttl & Abstract Agcy L
Kramer Craig S -- Allstates Title Service
Kramer Craig $1,315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Francisco $1,228,000
Previous Owner Kramer Craig $925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $1,535,000 -4.0% $295 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,599,000 -- $307 / 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 $33,088 $1,242,500 $558,000 $684,500
2024 $31,236 $1,242,500 $558,000 $684,500
2023 $31,236 $1,242,500 $558,000 $684,500
2022 $30,218 $1,242,500 $558,000 $684,500
2021 $30,305 $1,242,500 $558,000 $684,500
2020 $30,069 $1,242,500 $558,000 $684,500
2019 $29,472 $1,242,500 $558,000 $684,500
2018 $28,975 $1,242,500 $558,000 $684,500
2017 $28,318 $1,231,200 $558,000 $673,200
2016 $27,874 $1,231,200 $558,000 $673,200
2015 $27,234 $1,231,200 $558,000 $673,200
2014 $26,902 $1,231,200 $558,000 $673,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000038

Bright MLS

APN: 14-08401-0000-00069