In the above text, it seems to me they consider ALL information, e,g. freshman grades. The above text and my conversation with a Princeton admissions rep (at the school during Princeton Preview) gives me the belief that they DO consider freshman year grades.
If someone has a source for them NOT looking at freshman year grades (that is current), I’d love to see it. I found older references from 2009 saying they ignore freshman year, but that text doesn’t seem to appear in the Princeton admission site anymore.