640 Prospect Ave Princeton, NJ 08540
Estimated Value: $1,595,000 - $1,686,000
5
Beds
4
Baths
2,798
Sq Ft
$588/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Cape Cod Architecture
- Attic
- Riverside Elementary School Rated A
- Wood Flooring
- 1 Fireplace
About This Home
As of November 2016Tucked away in the Riverside section of Princeton among the leafy boughs across street from Carnegie Lake, this spacious expanded ranch was completely redesigned and renovated in 2015 and exemplifies modern functionality and elegance. Immediately upon entrance, the welcoming foyer leads you into the living room for a front and backyard view. Towards the dining room, a large bay window with seats and storage offers a great view of the exceptionally deep backyard. A butler's pantry extends the formal dining room for entertaining. An airy kitchen illuminated with skylights flows seamlessly into a cozy family room with views of the backyard ? the perfect place to begin the day with a cup of coffee in hand. Copious cabinets, granite counters, a large center island, a Bosch appliance suite (double wall oven, gourmet five-burner cooktop, counter-depth refrigerator, and dishwater), a high power exterior exhaust hood, and a double sink are sure to delight the most discerning home cooks and foodies. Gorgeous French doors connect the living space, and yet can separate the functions of each room on demand. The master suite features large sun drenching windows, a wood-burning fireplace, a soaking tub, a stall shower and a double sink in the master bath, and a huge fully furnished walk-in closet. What more can be asked for? Two extra bedrooms and a bathroom with double sink complete the extensive owner's quarters on the main level. The upper floor provides a flexible extension to the owner's space, boasting another bedroom with a full bathroom, a playroom, and a study. The guest bedroom is located in a separate wing of this extensive ranch, adjacent to another full bathroom, so housing guests is easier than ever. Your comfort in this house is guaranteed by brand new thermal windows and doors, a high efficiency 3-zone central AC/furnace, an attic fan with thermostat, and a Generac backup generator. The large shaded patio, accessible from the family room and the living room, and the fenced tree-lined backyard create the paradise for a relaxing afternoon. Additional outdoor features include a front and side driveway, easily fitting 5 cars and a large basketball playground. Minutes from Carnegie Lake, the NYC bus stop, downtown, schools, and prestigious Princeton University, this house features an extraordinary location and condition! See for yourself!
Last Listed By
FEIFEI TIAN
Jenny Yao Realty LLC License #TREND:60054878 Listed on: 08/30/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,387
Year Built
- Built in 1950
Lot Details
- 0.49 Acre Lot
- Corner Lot
- Property is in good condition
- Property is zoned R5
Parking
- 1 Car Attached Garage
- 3 Open Parking Spaces
Home Design
- Cape Cod Architecture
- Rambler Architecture
- Brick Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,798 Sq Ft Home
- Property has 1.5 Levels
- Wet Bar
- Skylights
- 1 Fireplace
- Bay Window
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Partial Basement
- Attic Fan
- Home Security System
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Double Oven
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 4 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- In Ground Pool
- Patio
Schools
- Riverside Elementary School
- Princeton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Riverside Subdivision
Listing and Financial Details
- Tax Lot 00016
- Assessor Parcel Number 14-05902-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2016
Closed on
Nov 3, 2016
Sold by
Tang Huadong and Zhang Da
Bought by
Zhao Shenwei and Zha Peijia
Seller's Agent
FEIFEI TIAN
Jenny Yao Realty LLC
Buyer's Agent
FEIFEI TIAN
Jenny Yao Realty LLC
List Price
$1,295,000
Sold Price
$1,247,500
Premium/Discount to List
-$47,500
-3.67%
Total Days on Market
8
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
$397,079
Avg. Annual Appreciation
3.61%
Original Mortgage
$935,625
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 26, 2014
Closed on
Dec 1, 2014
Sold by
Lependorf Gabriel R
Bought by
Tang Huadong and Zhang Da
Seller's Agent
Kathleen Murphy
BHHS Fox & Roach - Princeton
Buyer's Agent
FEIFEI TIAN
Jenny Yao Realty LLC
List Price
$695,000
Sold Price
$700,000
Premium/Discount to List
$5,000
0.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.70%
Original Mortgage
$400,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2012
Sold by
Estate Of Barbara R Lependorf and Lependorf Stanley
Bought by
Lependorf Stanley
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Similar Homes in Princeton, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Shenwei | $1,247,500 | Fidelity National Title Ins | |
| Zhao Shenwei | $1,247,500 | Fidelity Nat Title Ins Co | |
| Tang Huadong | $700,000 | Multiple | |
| Lependorf Stanley | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Shenwei | $800,000 | |
| Closed | Zhao Shenwei | $935,625 | |
| Previous Owner | Tang Huadong | $400,000 | |
| Previous Owner | Lependorf Stanley | $257,909 | |
| Previous Owner | Lependorf Stanley | $200,000 | |
| Previous Owner | Lependorf Stanley | $273,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2016 11/08/16 | Sold | $1,247,500 | -3.7% | $446 / Sq Ft |
| 09/07/2016 09/07/16 | Pending | -- | -- | -- |
| 08/30/2016 08/30/16 | For Sale | $1,295,000 | +85.0% | $463 / Sq Ft |
| 12/02/2014 12/02/14 | Sold | $700,000 | +0.7% | $250 / Sq Ft |
| 09/26/2014 09/26/14 | For Sale | $695,000 | -- | $248 / Sq Ft |
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 | $22,450 | $893,000 | $548,000 | $345,000 |
| 2023 | $22,450 | $893,000 | $548,000 | $345,000 |
| 2022 | $21,718 | $893,000 | $548,000 | $345,000 |
| 2021 | $21,780 | $893,000 | $548,000 | $345,000 |
| 2020 | $21,611 | $893,000 | $548,000 | $345,000 |
| 2019 | $21,182 | $893,000 | $548,000 | $345,000 |
| 2018 | $20,825 | $893,000 | $548,000 | $345,000 |
| 2017 | $20,539 | $893,000 | $548,000 | $345,000 |
| 2016 | $16,387 | $723,800 | $548,000 | $175,800 |
| 2015 | $15,906 | $719,100 | $498,000 | $221,100 |
| 2014 | $15,712 | $719,100 | $498,000 | $221,100 |
Source: Public Records
Agents Affiliated with this Home
-
F
Seller's Agent in 2016
FEIFEI TIAN
Jenny Yao Realty LLC
-
Kathleen Murphy
Seller's Agent in 2014
Kathleen Murphy
BHHS Fox & Roach
(609) 203-4836
4 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: 1003888907
APN: 14-05902-0000-00016
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