NOT LISTED FOR SALE

107 Library Place Princeton, NJ 08540

Estimated Value: $2,710,000 - $2,965,932

5 Beds
7 Baths
-- Sq Ft
0.46 Acres

Last Sold September 10, 2019

Last sale price $1,795,000

Est. 60% increase in value since last sale

Current estimated payment $20,421/month

25 Days on Market

Highlights

  • Second Kitchen
  • Sauna
  • Cathedral Ceiling
  • Community Park Elementary School Rated A+
  • Traditional Architecture
  • Wood Flooring

About This Home

As of September 2019

A most extraordinary price for one of Princeton's most extraordinary homes. On a prized Princeton street within a few blocks of town center and the Princeton University campus, this stunning Italianate Villa offers magnificent spaces with soaring ceilings and wonderful natural light. Designed by renowned artist, Howard Russell Butler, the creative genius behind Lake Carnegie and founder of the American Fine Artists Society, the grand-sized rooms, exquisite architectural details, oak-sheathed library with 12-foot ceiling and 2-story glass-topped atrium offer turn of the century magnificence and display Butler's masterful hand, while affording comfortable living and entertaining spaces. Meticulously updated and maintained for a modern lifestyle, recent renovations include an award-winning kitchen, luxurious master suite with a spa bath and sauna room, plus bedroom wings and a full apartment to easily accommodate family and guests. The home is enveloped by lush gardens and a delightful air of privacy. A successful tax appeal will result in markedly lower taxes beginning mid year, a great bonus to the new owner.

Last Agent to Sell the Property

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 04/01/2019

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710 Listed on: 04/01/2019

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,392

Year Built

  • Built in 1888

Lot Details

  • 0.46 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Home Security System
  • Attic

Kitchen

  • Second Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Oil Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-00012 01-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,392

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: See Listing Sheet
  • Historic: No
  • Home Warranty: No
  • Inclusions: See Listing Sheet
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1888
  • Remarks Public: A most extraordinary price for one of Princeton's most extraordinary homes. On a prized Princeton street within a few blocks of town center and the Princeton University campus, this stunning Italianate Villa offers magnificent spaces with soaring ceilings and wonderful natural light. Designed by renowned artist, Howard Russell Butler, the creative genius behind Lake Carnegie and founder of the American Fine Artists Society, the grand-sized rooms, exquisite architectural details, oak-sheathed library with 12-foot ceiling and 2-story glass-topped atrium offer turn of the century magnificence and display Butler's masterful hand, while affording comfortable living and entertaining spaces. Meticulously updated and maintained for a modern lifestyle, recent renovations include an award-winning kitchen, luxurious master suite with a spa bath and sauna room, plus bedroom wings and a full apartment to easily accommodate family and guests. The home is enveloped by lush gardens and a delightful air of privacy. A successful tax appeal will result in markedly lower taxes beginning mid year, a great bonus to the new owner.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Stain/Lead Glass, Whirlpool/Hottub, Sauna, 2nd Kitchen, Wet/Dry Bar, Stall Shower, Dining Area
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 20
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 5.00
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Shingle, Tile
  • 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 Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s)
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Hot Water, Forced Air, Radiator, Zoned, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • 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: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 877200.00
  • Land Assessed Value: 812000.00
  • Lot Features: Corner, Level
  • Lot Size Acres: 0.46
  • Lot Dimensions: .46 ACRES
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138636
  • Tax Annual Amount: 39392.00
  • Assessor Parcel Number: 14-00012 01-00001
  • Tax Year: 2019
  • Close Date: 09/10/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Sep 12, 2019
Sold by
Liebhauser Gina and The Monmouth Trust
Bought by
Senft Michael F and Mayer Senft Jung
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,898,000
Sold Price
$1,795,000
Premium/Discount to List
-$103,000
-5.43%
Total Days on Market
25
Current Estimated Value
$2,864,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,644
Avg. Annual Appreciation
10.55%
Original Mortgage
$750,000
Outstanding Balance
$652,596
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,535,830

Purchase Details

Closed on
May 31, 2005

Purchase Details

Closed on
Mar 16, 1995
Sold by
Ball George
Bought by
Evslin Tom and Evslin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
8.24%
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
Senft Michael F $1,795,000 Empire Ttl & Abstract Agcy L
-- $2,400,000 --
Evslin Tom $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senft Michael F $750,000
Previous Owner Liebhauser Gina $1,620,000
Previous Owner Liebhauser Gina $1,400,000
Previous Owner Evslin Tom $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $1,795,000 -5.4% --
04/26/2019 04/26/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $1,898,000 -- --
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 $62,621 $2,490,900 $812,000 $1,678,900
2023 $62,621 $2,490,900 $812,000 $1,678,900
2022 $41,081 $1,689,200 $812,000 $877,200
2021 $41,200 $1,689,200 $812,000 $877,200
2020 $40,879 $1,689,200 $812,000 $877,200
2019 $40,068 $1,689,200 $812,000 $877,200
2018 $45,574 $1,954,300 $812,000 $1,142,300
2017 $52,900 $2,300,000 $812,000 $1,488,000
2016 $54,336 $2,400,000 $812,000 $1,588,000
2015 $53,088 $2,400,000 $812,000 $1,588,000
2014 $52,440 $2,400,000 $812,000 $1,588,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME275430

Bright MLS

APN: 14-00012-01-00001