NOT LISTED FOR SALE

8 Morven Place Princeton, NJ 08540

Estimated Value: $2,012,000 - $2,860,008

5 Beds
4.5 Baths
-- Sq Ft
0.27 Acres

Last Sold August 12, 2021

Last sale price $2,352,000

Est. 9% increase in value since last sale

Current estimated payment $17,918/month

6 Days on Market

Highlights

  • Home Theater
  • Gourmet Kitchen
  • Colonial Architecture
  • Community Park Elementary School Rated A+
  • Dual Staircase
  • Traditional Floor Plan

About This Home

As of August 2021

On one of the quietest Western Section streets with the closest proximity to town, location alone makes this turn-of-the-century beauty worthy of admiration. Factor in extensive work by Princeton’s most celebrated architect and it will top your must-see list. Michael Graves himself infused the Neoclassical interior with his signature style, resulting in an elegant modern atmosphere. His work is most recognizable in the dining room’s plaster fireplace wall and restrained coffered ceiling illuminated by onyx fixtures that complement antique French lighting throughout the house. Across the wide welcoming foyer is the living room with working fireplace and the library with custom built-ins and bar by Max Hayden, a Graves protegee. The large family room is flooded with light from added windows and French doors opening to a sunroom perched above a sunken garden, another Graves vision come to life framed by a deconstructed pergola. A built-in buffet, a host of top-tier appliances and a desk large enough to actually facilitate work make the kitchen a multi-tasking command central. Below is finished space for exercise and play with a full bath in between. Follow the grand staircase to 5 gracious bedrooms spread out over two levels. Updated bathrooms are luxuriously clad in marble, onyx and shimmering mosaic tile. Choose between two main suites each boasting superbly designed dressing rooms. Not to be dismissed, the laundry room is another enviable space with custom built-ins. A new DaVinci Slate roof exemplifies the exceptional quality of improvements undertaken all around the property.

Last Agent to Sell the Property

Barbara Blackwell

Callaway Henderson Sotheby's Int'l-Princeton License #8531203 Listed on: 06/11/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Michelle Needham

BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,128

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00 x 148.00
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Non-Functioning Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Double Hung Windows
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Bonus Room
  • Game Room
  • Solarium
  • Home Gym
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting
  • Porch

Schools

  • Community Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Zoned Heating and Cooling
  • Hot Water Heating System
  • 200+ Amp Service
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-00011 01-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,128

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Lighting fixtures negotiable: DR Graves Onyx, 2 Kitchen French fixtures, Library Irish Waterford chandelier, LR French chandelier, 2 Foyer Wedgewood cameo sconces
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: On one of the quietest Western Section streets with the closest proximity to town, location alone makes this turn-of-the-century beauty worthy of admiration. Factor in extensive work by Princeton’s most celebrated architect and it will top your must-see list. Michael Graves himself infused the Neoclassical interior with his signature style, resulting in an elegant modern atmosphere. His work is most recognizable in the dining room’s plaster fireplace wall and restrained coffered ceiling illuminated by onyx fixtures that complement antique French lighting throughout the house. Across the wide welcoming foyer is the living room with working fireplace and the library with custom built-ins and bar by Max Hayden, a Graves protegee. The large family room is flooded with light from added windows and French doors opening to a sunroom perched above a sunken garden, another Graves vision come to life framed by a deconstructed pergola. A built-in buffet, a host of top-tier appliances and a desk large enough to actually facilitate work make the kitchen a multi-tasking command central. Below is finished space for exercise and play with a full bath in between. Follow the grand staircase to 5 gracious bedrooms spread out over two levels. Updated bathrooms are luxuriously clad in marble, onyx and shimmering mosaic tile. Choose between two main suites each boasting superbly designed dressing rooms. Not to be dismissed, the laundry room is another enviable space with custom built-ins. A new DaVinci Slate roof exemplifies the exceptional quality of improvements undertaken all around the property.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Range Hood, Refrigerator, Stainless Steel Appliances, Six Burner Stove, Washer, Water Heater - High-Efficiency
  • Flooring Type: Hardwood, Marble, Carpet
  • Interior Amenities: Additional Stairway, Breakfast Area, Built-Ins, Carpet, Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors
  • Window Features: Double Hung
  • Fireplace Features: Wood, Marble, Mantel(s), Non-Functioning
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Foyer, Breakfast Room, Exercise Room, Laundry, Mud Room, Solarium, Media Room, Bathroom 2, Bathroom 3, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access, Partially Finished, Sump Pump, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Underground Lawn Sprinkler
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • 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: COMMUNITY PARK
  • Middle School: JOHN WITHERSPOON M.S.
  • 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: COMMUNITY PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 934200.00
  • Land Assessed Value: 724000.00
  • Lot Size Acres: 0.27
  • Lot Dimensions: 80.00 x 148.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11840.00
  • Outdoor Living Structures: Patio(s), Porch(es), Terrace
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138618
  • Tax Annual Amount: 40128.00
  • Assessor Parcel Number: 14-00011 01-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/12/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 29, 2021
Sold by
Booth Kevin J and Booth Bette Jane
Bought by
Bezwada Hari and Ceballos Daiana Gerardi
Seller's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Michelle Needham
BHHS Fox & Roach - Princeton
List Price
$2,275,000
Sold Price
$2,352,000
Premium/Discount to List
$77,000
3.38%
Total Days on Market
6
Current Estimated Value
$2,573,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,003
Avg. Annual Appreciation
3.44%
Original Mortgage
$967,000
Outstanding Balance
$887,534
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,787,519

Purchase Details

Closed on
May 25, 2000
Sold by
Sanders Sandra
Bought by
Booth Kevin and Booth Betty
Source: Public Records

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Range of Values:

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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
Bezwada Hari $2,352,000 Coastal Title Agency
Booth Kevin $1,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bezwada Hari $967,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $2,352,000 +3.4% --
06/17/2021 06/17/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $2,275,000 -- --
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
2024 $41,687 $1,658,200 $724,000 $934,200
2023 $41,687 $1,658,200 $724,000 $934,200
2022 $40,327 $1,658,200 $724,000 $934,200
2021 $40,444 $1,658,200 $724,000 $934,200
2020 $40,128 $1,658,200 $724,000 $934,200
2019 $39,333 $1,658,200 $724,000 $934,200
2018 $38,275 $1,641,300 $724,000 $917,300
2017 $37,750 $1,641,300 $724,000 $917,300
2016 $37,159 $1,641,300 $724,000 $917,300
2015 $36,306 $1,641,300 $724,000 $917,300
2014 $35,862 $1,641,300 $724,000 $917,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME314078

Bright MLS

APN: 14-00011-01-00008