NOT LISTED FOR SALE

140 Heather Ln Princeton, NJ 08540

Estimated Value: $1,373,000 - $1,456,850

5 Beds
3 Baths
-- Sq Ft
2.39 Acres

Last Sold August 28, 2023

Last sale price $1,310,000

Est. 7% increase in value since last sale

Current estimated payment $9,590/month

83 Days on Market

Highlights

  • View of Trees or Woods
  • Heated Floors
  • Contemporary Architecture
  • Johnson Park School Rated A+
  • 2.39 Acre Lot
  • 1 Fireplace

About This Home

As of August 2023

Modernist architect Otto Kolb, celebrated throughout Europe and the US, designed this one-of-a-kind home nestled into a sun-dappled 2.39-acre lot on a sleepy street at Princeton’s edge. The low-slung, single-story structure feels completely enveloped by its enchanting, woodsy surrounds, yet the interior is bathed in sunlight pouring through floor-to-ceiling walls of glass. Rooms wrap around two courtyards, further promoting complete immersion into the restorative sights and sounds of nature. Exposed brick walls add rustic texture and interest, along with wood trim, slabs of stone and even sheets of weathered metal. A nicely separated guest suite and/or office was a forward-thinking attribute that perfectly serves the ever-shifting lifestyles of current times. Radiant heat beneath brick, concrete and tile floors is another smart, modern feature that supplements the ambient warmth of a floating fireplace and free-standing wood-stove. Sleek, simple and white, the kitchen is the nexus of the house, linking the entertaining areas and the private bedroom wing with a shared family room. The main suite has a closet-lined dressing area, an updated bathroom and more dramatically scaled sliding glass doors. A separate storage studio and shed accommodate any overflow. An opportunity to live in an architectural work of art doesn’t come by often and it won’t last!

Last Agent to Sell the Property

Linda Twining

Callaway Henderson Sotheby's Int'l-Princeton License #999178 Listed on: 05/25/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Beatrice Bloom

Weichert Realtors - Princeton

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,272

Year Built

  • Built in 1959

Lot Details

  • 2.39 Acre Lot
  • Wire Fence
  • Property is in very good condition
  • Property is zoned R1, Residentail

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Views of Woods

Flooring

  • Heated Floors
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00201-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,272

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Two sheds on property are being sold AS IS. Fireplace and wood stove are being sold AS IS.
  • Inclusions: All kitchen appliances, washer and dryer
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Ceramic Tile, Heated, Luxury Vinyl Tile
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 140

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • High School: PRINCETON H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • High School: PRINCETON H.S.

Lot Info

  • Fencing: Wire
  • Lot Size Acres: 2.39
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104108.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R1
  • Zoning Description: Residentail

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 17272.00
  • Assessor Parcel Number: 14-00201-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/28/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 22, 2023
Sold by
Charlap Leonard Stanton
Bought by
Freed Derek M and Subraivianian Ashok
Seller's Agent
Linda Twining
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Beatrice Bloom
Weichert Realtors - Princeton
List Price
$1,195,000
Sold Price
$1,310,000
Premium/Discount to List
$115,000
9.62%
Views
258
Current Estimated Value
$1,406,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,963
Avg. Annual Appreciation
5.50%
Original Mortgage
$657,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1993
Bought by
Charlap Leonard
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Freed Derek M $1,310,000 Weichert Title
Subramanian Ashok $1,310,000 Weichert Title
Charlap Leonard $231,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Subramanian Ashok $657,000
Previous Owner Charlap Leonard S $660,000
Previous Owner Charlap Leonard S $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,310,000 +9.6% --
08/16/2023 08/16/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $1,195,000 -- --
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
2025 $23,083 $866,800 $469,500 $397,300
2024 $17,854 $866,800 $469,500 $397,300
2023 $17,854 $710,200 $469,500 $240,700
2022 $17,272 $710,200 $469,500 $240,700
2021 $17,322 $710,200 $469,500 $240,700
2020 $17,187 $710,200 $469,500 $240,700
2019 $16,846 $710,200 $469,500 $240,700
2018 $16,417 $704,000 $469,500 $234,500
2017 $16,192 $704,000 $469,500 $234,500
2016 $15,939 $704,000 $469,500 $234,500
2015 $15,572 $704,000 $469,500 $234,500
2014 $15,382 $704,000 $469,500 $234,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2027856

Bright MLS

APN: 14-00201-0000-00009