88 Westerly Rd Princeton, NJ 08540
Princeton North NeighborhoodEstimated Value: $2,342,000 - $2,845,000
5
Beds
4.5
Baths
4,523
Sq Ft
$562/Sq Ft
Est. Value
Highlights
- Water Oriented
- Commercial Range
- Deck
- Community Park Elementary School Rated A+
- Colonial Architecture
- Wooded Lot
About This Home
As of September 2016Enjoy life in Princeton's highly sought-after western section in this fabulous, custom-built home that combines a grand scale with comfortable livability in its 4,500+ square feet of living space. The pleasing stucco exterior and rich, mahogany front door with sidelights and transom add to the curb appeal created by the new, bluestone walkway and exceptional landscaping. The two-story formal living room enjoys natural light from a row of fixed windows above the French doors, in addition to the recessed lighting and vaulted ceiling. The living room and dining room are separated by a gas fireplace. Just past the living room lies a study with a secondary staircase providing access to the second floor. Enter the first-floor master bedroom suite through the study. The master bedroom features a tray ceiling, recessed lighting, deck access through French doors, a walk-in closet/dressing room, and a lavish master bath with a glass-enclosed shower and a separate, jetted tub. The centerpiece of the kitchen is the large island with granite countertop, prep sink, Wolf warming drawer, storage cabinets and counter seating. Task lighting is provided by pendants above the island, with room lighting provided by recessed lights. The soft-close cherry cabinets have pull-out shelves for easy accessibility. Chef quality appliances include a Wolf double-oven, dual fuel, six-burner plus grill; Wolf microwave; Thermador refrigerator; Miele dishwasher; GE Monogram trash compactor. From the kitchen, enter an expansive great room with high ceilings and a walkout bay window overlooking the woods and just begging for a table and chairs for your daily dining. Upstairs, find a second master suite, plus two additional bedrooms that share a full bath. The lower level has a spacious library with bookcases and a fireplace, as well as access to the garage or the bluestone patio leading to the backyard. Outside, .68 acres of partially-wooded land awaits, including a footbridge above a stream. Enjoy peace of mind, courtesy of the GENERAC back-up gas generator.
Last Agent to Sell the Property
Compass New Jersey, LLC - Princeton License #8241746 Listed on: 06/28/2016
Last Buyer's Agent
Compass New Jersey, LLC - Princeton License #8241746 Listed on: 06/28/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,848
Year Built
- Built in 2005
Lot Details
- 0.68 Acre Lot
- Creek or Stream
- Sprinkler System
- Wooded Lot
- Back Yard
- Property is in good condition
- Property is zoned R5
Home Design
- Colonial Architecture
- Brick Foundation
- Stucco
Interior Spaces
- 4,523 Sq Ft Home
- Property has 2 Levels
- Ceiling height of 9 feet or more
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Commercial Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Trash Compactor
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Home Security System
- Fire Sprinkler System
Parking
- 2 Parking Spaces
- Driveway
- On-Street Parking
Outdoor Features
- Water Oriented
- Deck
- Patio
Schools
- Community Park Elementary School
- J Witherspoon Middle School
- Princeton High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Programmable Thermostat
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Appliances
- Property is near a creek
Community Details
- No Home Owners Association
- Western Subdivision
Listing and Financial Details
- Tax Lot 00042
- Assessor Parcel Number 14-00002 02-00042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2016
Closed on
Aug 29, 2016
Sold by
Raatz Stanley T
Bought by
Bhargava Alok and Bhargava Kanishika
Seller's Agent
Marcia Graves
Compass New Jersey, LLC - Princeton
Buyer's Agent
Marcia Graves
Compass New Jersey, LLC - Princeton
List Price
$1,750,000
Sold Price
$1,525,000
Premium/Discount to List
-$225,000
-12.86%
Total Days on Market
44
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
$1,015,373
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,050,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 1, 2001
Sold by
Lewin Morton
Bought by
Raatz Stanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.09%
Purchase Details
Closed on
Sep 1, 1993
Sold by
Setton Kennth
Bought by
Lewin Morton and Lewin Sylvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
7.21%
Similar Homes in Princeton, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bhargava Alok | $1,525,000 | Old Republic Natl Title Ins | |
| Raatz Stanley | $575,000 | -- | |
| Lewin Morton | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aloe Bhargava | $999,500 | |
| Closed | Bhargava Alok | $1,050,000 | |
| Previous Owner | Raatz Stanley | $460,000 | |
| Previous Owner | Lewin Morton | $187,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2016 09/15/16 | Sold | $1,525,000 | -9.0% | $337 / Sq Ft |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- |
| 07/10/2016 07/10/16 | Price Changed | $1,675,000 | -4.3% | $370 / Sq Ft |
| 06/28/2016 06/28/16 | For Sale | $1,750,000 | -- | $387 / 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 | $37,335 | $1,485,100 | $543,000 | $942,100 |
| 2023 | $37,335 | $1,485,100 | $543,000 | $942,100 |
| 2022 | $36,118 | $1,485,100 | $543,000 | $942,100 |
| 2021 | $36,222 | $1,485,100 | $543,000 | $942,100 |
| 2020 | $35,939 | $1,485,100 | $543,000 | $942,100 |
| 2019 | $33,851 | $1,427,100 | $485,000 | $942,100 |
| 2018 | $33,280 | $1,427,100 | $485,000 | $942,100 |
| 2017 | $32,823 | $1,427,100 | $485,000 | $942,100 |
| 2016 | $36,690 | $1,620,600 | $485,000 | $1,135,600 |
| 2015 | $35,848 | $1,620,600 | $485,000 | $1,135,600 |
| 2014 | $35,410 | $1,620,600 | $485,000 | $1,135,600 |
Source: Public Records
Agents Affiliated with this Home
-
Marcia Graves
Seller's Agent in 2016
Marcia Graves
Compass New Jersey, LLC - Princeton
(609) 610-8200
1 in this area
13 Total Sales
Map
Source: Bright MLS
MLS Number: 1003886719
APN: 14-00002-02-00042
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