NOT LISTED FOR SALE

60 Balsam Ln Princeton, NJ 08540

Estimated Value: $1,570,117 - $1,737,000

4 Beds
4 Baths
-- Sq Ft
0.46 Acres

Last Sold March 11, 2022

Last sale price $1,200,000

Est. 39% increase in value since last sale

Current estimated payment $10,554/month

Highlights

  • Recreation Room
  • Wood Flooring
  • No HOA
  • Riverside Elementary School Rated A
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of March 2022

Be prepared to be wowed by this delightful home in Riverside. From the entry foyer, one is lead to the large living room. Bask in the natural light from the large picture window facing to the front of the property. The brick fireplace makes a great focal point and the built- in bookcases either side provide great display storage. The dining room is separated from the living room by an arch way, note the second arch leading to another area of the home. Another good size room with views of the rear yard. On one side, through French doors is a relaxing sun room with wall of windows and access to the rear yard. Imagine, a quiet afternoon reading or playing board games in here. From the other side of the dining room is the kitchen. Granite counters sit atop cherry cabinets and provides lots of prep space. The island is home to the Samsung five burner gas stove and extractor hood. The other appliances are stainless steel too and of a Bosch Dishwasher and Frigidare fridge. Note the touchless motion sensor faucet for the sink. There is bamboo flooring in the kitchen which compliments the hardwood throughout the rest of the home. Access to the large rear brick patio is easy for entertaining. Open to the kitchen is the breakfast area which is really flexible space and could be a family room. To complete the first floor there is a hall bath that has been updated and a large bedroom. The second floor is home to the primary bedroom suite, two more bedrooms and hall bath. There is also a cozy sitting area with sky lights. The basement is finished and provides even more recreation space as well as storage Note the full bath in the basement too. The tiled floor makes it convenient for clean up after crafting projects! There is also a whole house fan which helps to reduce cooling costs in the summer. There is a two-car attached garage too. There is recessed lighting throughout most of the home and hardwood flooring too. Close to Riverside Elementary and the University, 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: 12/24/2021

Last Buyer's Agent

Ivy Wen

(908) 208-2856 ivy.wen@foxroach.com BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,469

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Garage Door Opener

Home Design

  • Frame Construction
  • Pitched Roof

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Finished Basement
  • Laundry in Basement
  • Laundry Room

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 14-08705-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,469

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: Be prepared to be wowed by this delightful home in Riverside. From the entry foyer, one is lead to the large living room. Bask in the natural light from the large picture window facing to the front of the property. The brick fireplace makes a great focal point and the built- in bookcases either side provide great display storage. The dining room is separated from the living room by an arch way, note the second arch leading to another area of the home. Another good size room with views of the rear yard. On one side, through French doors is a relaxing sun room with wall of windows and access to the rear yard. Imagine, a quiet afternoon reading or playing board games in here. From the other side of the dining room is the kitchen. Granite counters sit atop cherry cabinets and provides lots of prep space. The island is home to the Samsung five burner gas stove and extractor hood. The other appliances are stainless steel too and of a Bosch Dishwasher and Frigidare fridge. Note the touchless motion sensor faucet for the sink. There is bamboo flooring in the kitchen which compliments the hardwood throughout the rest of the home. Access to the large rear brick patio is easy for entertaining. Open to the kitchen is the breakfast area which is really flexible space and could be a family room. To complete the first floor there is a hall bath that has been updated and a large bedroom. The second floor is home to the primary bedroom suite, two more bedrooms and hall bath. There is also a cozy sitting area with sky lights. The basement is finished and provides even more recreation space as well as storage Note the full bath in the basement too. The tiled floor makes it convenient for clean up after crafting projects! There is also a whole house fan which helps to reduce cooling costs in the summer. There is a two-car attached garage too. There is recessed lighting throughout most of the home and hardwood flooring too. Close to Riverside Elementary and the University, this is a home not to be missed!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/Florida Room, Laundry, Loft, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 60

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • 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, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched
  • 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 Door Opener
  • 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: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • 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: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 221200.00
  • Land Assessed Value: 542000.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145704
  • Tax Annual Amount: 18469.00
  • Assessor Parcel Number: 14-08705-00020
  • Tax Lot: 00020
  • Tax Total Finished Sq Ft: 2095
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/11/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2012
Closed on
Sep 19, 2012
Sold by
Edgen James S and Xia Wei
Bought by
Nandyala Srikanth and Yerraguntla Divya
Seller's Agent
MARGARET Z. JONES
Callaway Henderson Sotheby's Int'l Realty-Skillman
Buyer's Agent
MARGARET Z. JONES
Callaway Henderson Sotheby's Int'l Realty-Skillman
List Price
$850,000
Sold Price
$822,000
Premium/Discount to List
-$28,000
-3.29%
Current Estimated Value
$1,671,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$849,029
Avg. Annual Appreciation
5.19%
Original Mortgage
$620,000
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2003
Sold by
Cole Michael
Bought by
Edgren James and Xia Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.52%
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
Nandyala Srikanth $822,000 Stewart Title Guaranty Co
Edgren James $706,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nandyala Srikanth $620,000
Previous Owner Edgren James $406,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,200,000 +9.2% --
01/06/2022 01/06/22 Pending -- -- --
12/24/2021 12/24/21 For Sale $1,099,000 +33.7% --
09/20/2012 09/20/12 Sold $822,000 -3.3% --
08/28/2012 08/28/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $850,000 -- --
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 $20,324 $763,200 $542,000 $221,200
2024 $19,187 $763,200 $542,000 $221,200
2023 $19,187 $763,200 $542,000 $221,200
2022 $18,561 $763,200 $542,000 $221,200
2021 $18,614 $763,200 $542,000 $221,200
2020 $18,469 $763,200 $542,000 $221,200
2019 $18,103 $763,200 $542,000 $221,200
2018 $17,798 $763,200 $542,000 $221,200
2017 $17,554 $763,200 $542,000 $221,200
2016 $17,279 $763,200 $542,000 $221,200
2015 $15,108 $683,000 $492,000 $191,000
2014 $14,924 $683,000 $492,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2008630

Bright MLS

APN: 14-08705-0000-00020