NOT LISTED FOR SALE

69 Balsam Ln Princeton, NJ 08540

Estimated Value: $1,479,000 - $1,953,000

4 Beds
2.5 Baths
2,601 Sq Ft
$664/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $1,700,000 $654 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,830/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room
  • Riverside Elementary School Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of May 2024

A classic Riverside colonial has been renovated and refreshed for today’s modern lifestyle! Move-in ready, you can unpack and immediately start enjoying the space. As you enter this home you will notice immediately the attention to detail. From the brand new kitchen and bathrooms to the trim, it is clear nothing has been overlooked. The large living room with large windows gives abundant natural light and both front and back yard views. The recessed lighting, new moldings, new trim and fireplace allow for a modern yet cozy look. There is a sunroom on the side of the home that provides a unique space with rear access to the brand new patio. The stone flooring of this room, gives a nod to the home’s history. There is a bonus room off the living room, ideal for an office, playroom or additional bedroom. Across the formal entry is the formal dining area that has open access to the kitchen. The kitchen is the true focal point of this home. The large island is an instant attention grabber with its extraordinary waterfall counter in Shadow White natural Quartzite making it a statement piece. The beautiful backsplash features Dolomite white marble with the white cabinetry perfectly complimenting the countertops. There is abundant counter space for cooking and entertaining. An easy access microwave drawer allows for a tidy yet functional look. The kitchen features new stainless steel KitchenAid appliances. Off the kitchen is a comfortable sitting area with two walls of windows and a second access to the back yard. An added feature is the first floor laundry with a sleek sink. The laundry room provides access to the attached two-car garage. To complete the first floor there is a powder room with a noteworthy stylish herringbone tile feature wall. Smart home features include a Nest door lock, thermostat, doorbell, and Lutron light switches. The second floor is home to four bedrooms including the large master suite. The room has an ensuite bath which has been completely renovated with a two sink vanity, large shower with gorgeous blue extra large subway tiling. The hall bath has also been renewed with double vanity, a shower/tub combo and exquisite tile selections. The basement is partially finished and provides additional living space as well as storage. The luxury vinyl flooring in the basement makes for easy maintenance. Throughout the home there is natural hardwood oak flooring, many rooms with recessed lighting, new Anderson windows, new siding, new roof, gutters, and much more. The updates are endless. Beyond the gorgeous home it has a great location in the renowned Riverside neighborhood walking distance to the elementary school and University. Come check out this contemporary yet cozy newly renovated home. It could be yours.

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 04/12/2024

Last Buyer's Agent

Josh Wilton

(609) 577-6786 joshua.d.wilton@gmail.com Queenston Realty, LLC License #AB068719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,900

Year Built

  • Built in 1957

Lot Details

  • 0.55 Acre Lot
  • Property is zoned R5

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,601 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-08706-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,900

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1957
  • Automatically Close On Close Date: No
  • Remarks Public: A classic Riverside colonial has been renovated and refreshed for today’s modern lifestyle! Move-in ready, you can unpack and immediately start enjoying the space. As you enter this home you will notice immediately the attention to detail. From the brand new kitchen and bathrooms to the trim, it is clear nothing has been overlooked. The large living room with large windows gives abundant natural light and both front and back yard views. The recessed lighting, new moldings, new trim and fireplace allow for a modern yet cozy look. There is a sunroom on the side of the home that provides a unique space with rear access to the brand new patio. The stone flooring of this room, gives a nod to the home’s history. There is a bonus room off the living room, ideal for an office, playroom or additional bedroom. Across the formal entry is the formal dining area that has open access to the kitchen. The kitchen is the true focal point of this home. The large island is an instant attention grabber with its extraordinary waterfall counter in Shadow White natural Quartzite making it a statement piece. The beautiful backsplash features Dolomite white marble with the white cabinetry perfectly complimenting the countertops. There is abundant counter space for cooking and entertaining. An easy access microwave drawer allows for a tidy yet functional look. The kitchen features new stainless steel KitchenAid appliances. Off the kitchen is a comfortable sitting area with two walls of windows and a second access to the back yard. An added feature is the first floor laundry with a sleek sink. The laundry room provides access to the attached two-car garage. To complete the first floor there is a powder room with a noteworthy stylish herringbone tile feature wall. Smart home features include a Nest door lock, thermostat, doorbell, and Lutron light switches. The second floor is home to four bedrooms including the large master suite. The room has an ensuite bath which has been completely renovated with a two sink vanity, large shower with gorgeous blue extra large subway tiling. The hall bath has also been renewed with double vanity, a shower/tub combo and exquisite tile selections. The basement is partially finished and provides additional living space as well as storage. The luxury vinyl flooring in the basement makes for easy maintenance. Throughout the home there is natural hardwood oak flooring, many rooms with recessed lighting, new Anderson windows, new siding, new roof, gutters, and much more. The updates are endless. Beyond the gorgeous home it has a great location in the renowned Riverside neighborhood walking distance to the elementary school and University. Come check out this contemporary yet cozy newly renovated home. It could be yours.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/Florida Room, Laundry, Office, Recreation Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2601
  • Living Area Sq Ft: 2601
  • Price Per Sq Ft: 614.76
  • Above Grade Finished Sq Ft: 2601
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 69

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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 - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

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

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • 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: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Lot Info

  • Lot Size Acres: 0.55
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23958.00
  • Year Assessed: 2023
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18900.00
  • Assessor Parcel Number: 14-08706-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/23/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 20, 2024
Sold by
Tayebaly Moiz M
Bought by
Kolluri Kris and Kolluri Lopa P
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Josh Wilton
Queenston Realty, LLC
List Price
$1,599,000
Sold Price
$1,700,000
Premium/Discount to List
$101,000
6.32%
Views
34
Current Estimated Value
$1,728,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,072
Avg. Annual Appreciation
1.21%
Original Mortgage
$400,000
Outstanding Balance
$393,674
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$1,334,398

Purchase Details

Closed on
Nov 7, 2023
Sold by
Goldfarb Irene
Bought by
Goldfarb David

Purchase Details

Closed on
Jan 7, 1992
Bought by
Goldfarb Samuel and Goldfarb Irene
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
Kolluri Kris $1,700,000 Foundation Title
Kolluri Kris $1,700,000 Foundation Title
Goldfarb David $930,000 Foundation Title
Tayebaly Moiz $930,000 Foundation Title
Goldfarb Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolluri Kris $400,000
Closed Kolluri Kris $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $1,700,000 +6.3% $654 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $1,599,000 -- $615 / 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 $20,020 $1,075,000 $555,000 $520,000
2024 $18,900 $751,800 $555,000 $196,800
2023 $18,900 $751,800 $555,000 $196,800
2022 $18,284 $751,800 $555,000 $196,800
2021 $18,336 $751,800 $555,000 $196,800
2020 $17,944 $751,800 $555,000 $196,800
2019 $17,833 $751,800 $555,000 $196,800
2018 $17,532 $751,800 $555,000 $196,800
2017 $17,291 $751,800 $555,000 $196,800
2016 $17,021 $751,800 $555,000 $196,800
2015 $15,046 $691,500 $505,000 $186,500
2014 $14,859 $691,500 $505,000 $186,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2041386

Bright MLS

APN: 14-08706-0000-00008