NOT LISTED FOR SALE

144 Library Place Princeton, NJ 08540

Estimated Value: $2,394,000 - $3,105,000

6 Beds
3.5 Baths
3,150 Sq Ft
$849/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $1,840,000 $584 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $17,808/month

359 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • No HOA
  • Community Park Elementary School Rated A+
  • 2 Fireplaces
  • 1 Car Detached Garage

About This Home

As of June 2019

Built in 1874 on University Place, the house was originally used as lodging for University guests. It then became home to three of the college's early eating clubs. Moved in 1908 to its current location on one of Princeton's most sought after residential streets, it is just an eight minute walk to town and campus. This is an opportunity to own a piece of Princeton history. Totally updated and renovated, the home is in move in condition. The formal living room has a fireplace, built in bookcases and arched bay window with window seat. This leads to the library/TV room with more bookcases, built-in entertainment unit, French door to the patio and hidden wet bar complete with sink and shelving. Across the gracious foyer from the living room is the dining room containing built in bookcases, storage and fireplace. The entire first floor has 10' high ceilings which are accentuated by extra tall windows. The kitchen/breakfast area has been renovated and the family room recently added. The cherry cabinetry topped with concrete counters provide lots of storage and work space. The island contains a Thermador range with downdraft exhaust fan, second built in wall oven, dishwasher, SubZero refrigerator and built in microwave. There is another staircase to the second floor. The breakfast area has cabinetry for more storage. The family room adjacent to the breakfast area is comprised of walls of sliding glass doors that open to the property, one set of which opens to the herringbone patterned brick patio. The second floor continues the graciousness of the first with 9' ceilings, large moldings and tall windows. There are two renovated baths on the second floor. Both have limestone flooring and counter tops. One has an oversized shower with glass tiling, the second a jetted tub and shower. Each bath vanity has a nickel under mounted sink. There are two bedrooms at the back of the house. One has built in shelving, desk, closets, and recessed lighting. The main bedroom on the front of the house has a window seat that opens for storage. All four bedrooms have hardwood floors. Stairs lead to the third floor with three separate multi-use rooms and a bath with claw foot tub. The landscape design is by the current owner and the Senior Landscape Architect at Prospect Park, Brooklyn. An allee of crepe myrtle trees leads to the single car garage which repeats the decorative woodwork of the house, and a carport. The home has a full house generator and multi zoned heat and cooling.

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 04/09/2018

Last Buyer's Agent

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 04/09/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,152

Year Built

  • Built in 1874

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 75x210
  • Property is zoned R1

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • 3 Detached Carport Spaces
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Victorian Architecture
  • Pitched Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Brick Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-00010 02-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,152

Year Built

Built in 1874

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: See Sellers Disclosure
  • Inclusions: Full House Generator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 3
  • Year Built: 1874
  • Remarks Public: Built in 1874 on University Place, the house was originally used as lodging for University guests. It then became home to three of the college's early eating clubs. Moved in 1908 to its current location on one of Princeton's most sought after residential streets, it is just an eight minute walk to town and campus. This is an opportunity to own a piece of Princeton history. Totally updated and renovated, the home is in move in condition. The formal living room has a fireplace, built in bookcases and arched bay window with window seat. This leads to the library/TV room with more bookcases, built-in entertainment unit, French door to the patio and hidden wet bar complete with sink and shelving. Across the gracious foyer from the living room is the dining room containing built in bookcases, storage and fireplace. The entire first floor has 10' high ceilings which are accentuated by extra tall windows. The kitchen/breakfast area has been renovated and the family room recently added. The cherry cabinetry topped with concrete counters provide lots of storage and work space. The island contains a Thermador range with downdraft exhaust fan, second built in wall oven, dishwasher, SubZero refrigerator and built in microwave. There is another staircase to the second floor. The breakfast area has cabinetry for more storage. The family room adjacent to the breakfast area is comprised of walls of sliding glass doors that open to the property, one set of which opens to the herringbone patterned brick patio. The second floor continues the graciousness of the first with 9' ceilings, large moldings and tall windows. There are two renovated baths on the second floor. Both have limestone flooring and counter tops. One has an oversized shower with glass tiling, the second a jetted tub and shower. Each bath vanity has a nickel under mounted sink. There are two bedrooms at the back of the house. One has built in shelving, desk, closets, and recessed lighting. The main bedroom on the front of the house has a window seat that opens for storage. All four bedrooms have hardwood floors. Stairs lead to the third floor with three separate multi-use rooms and a bath with claw foot tub. The landscape design is by the current owner and the Senior Landscape Architect at Prospect Park, Brooklyn. An allee of crepe myrtle trees leads to the single car garage which repeats the decorative woodwork of the house, and a carport. The home has a full house generator and multi zoned heat and cooling.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Self Cleaning, Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Kitchen - Island, Wet/Dry Bar, Dining Area
  • Window Features: Bay/Bow
  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3150
  • Living Area Sq Ft: 3150
  • Price Per Sq Ft: 596.51
  • Above Grade Finished Sq Ft: 3150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 144

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 3 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks
  • Roof: Pitched, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage - Front Entry, Garage - Side Entry
  • Number Of Detached Carport Spaces: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Detached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 929800.00
  • Land Assessed Value: 792000.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 75X210
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15750.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138557
  • Tax Annual Amount: 40152.00
  • Assessor Parcel Number: 14-00010 02-00010
  • Tax Lot: 00010
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 06/11/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 11, 2019
Sold by
Heilner John L and Heilner Mary B
Bought by
Levine Jonathan M and Sexsmith Felicia
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$2,191,000
Sold Price
$1,840,000
Premium/Discount to List
-$351,000
-16.02%
Total Days on Market
359
Current Estimated Value
$2,673,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,727
Avg. Annual Appreciation
6.45%
Original Mortgage
$882,000
Outstanding Balance
$824,914
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,848,813

Purchase Details

Closed on
Mar 27, 2009
Sold by
Heilner John L and Heilner Mary B
Bought by
Heilner John L and Heilner Mary B

Purchase Details

Closed on
Nov 4, 1998
Sold by
Cross Mary
Bought by
Heilner John and Heilner Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.64%
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
Levine Jonathan M $1,840,000 Empire Ttl & Abstract Agcy I
Heilner John L -- None Available
Heilner John $976,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Jonathan M $882,000
Previous Owner Heilner John $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $1,840,000 -2.1% $584 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/29/2019 03/29/19 Price Changed $1,879,000 -1.1% $597 / Sq Ft
03/14/2019 03/14/19 Price Changed $1,899,000 -5.0% $603 / Sq Ft
09/24/2018 09/24/18 Price Changed $1,999,000 -8.7% $635 / Sq Ft
09/20/2018 09/20/18 Price Changed $2,189,000 0.0% $695 / Sq Ft
09/17/2018 09/17/18 Price Changed $2,190,000 0.0% $695 / Sq Ft
09/08/2018 09/08/18 For Sale $2,191,000 +19.1% $696 / Sq Ft
09/08/2018 09/08/18 Off Market $1,840,000 -- --
08/23/2018 08/23/18 Price Changed $2,191,000 0.0% $696 / Sq Ft
08/16/2018 08/16/18 Price Changed $2,192,000 0.0% $696 / Sq Ft
08/09/2018 08/09/18 Price Changed $2,193,000 0.0% $696 / Sq Ft
08/02/2018 08/02/18 Price Changed $2,194,000 0.0% $697 / Sq Ft
07/26/2018 07/26/18 Price Changed $2,195,000 0.0% $697 / Sq Ft
07/19/2018 07/19/18 Price Changed $2,196,000 0.0% $697 / Sq Ft
07/16/2018 07/16/18 Price Changed $2,197,000 0.0% $697 / Sq Ft
07/15/2018 07/15/18 Price Changed $2,198,000 0.0% $698 / Sq Ft
06/13/2018 06/13/18 Price Changed $2,199,000 -8.3% $698 / Sq Ft
04/09/2018 04/09/18 For Sale $2,399,000 -- $762 / Sq Ft
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 $43,414 $1,726,900 $792,000 $934,900
2023 $43,414 $1,726,900 $792,000 $934,900
2022 $41,874 $1,721,800 $792,000 $929,800
2021 $41,995 $1,721,800 $792,000 $929,800
2020 $41,668 $1,721,800 $792,000 $929,800
2019 $40,841 $1,721,800 $792,000 $929,800
2018 $40,152 $1,721,800 $792,000 $929,800
2017 $39,601 $1,721,800 $792,000 $929,800
2016 $38,982 $1,721,800 $792,000 $929,800
2015 $38,086 $1,721,800 $792,000 $929,800
2014 $37,621 $1,721,800 $792,000 $929,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000378534

Bright MLS

APN: 14-00010-02-00010