NOT LISTED FOR SALE

151 Library Place Princeton, NJ 08540

Estimated Value: $2,770,000 - $3,862,000

5 Beds
8 Baths
-- Sq Ft
0.45 Acres

Last Sold July 12, 2021

Last sale price $2,227,500

Est. 43% increase in value since last sale

Current estimated payment $22,021/month

117 Days on Market

Highlights

  • Spa
  • Gourmet Kitchen
  • Colonial Architecture
  • Community Park Elementary School Rated A+
  • Curved or Spiral Staircase
  • Recreation Room

About This Home

As of July 2021

A Bevy of Grandly Scaled Spaces to Use as You Wish in this Western Section Grand Dame With Walled Garden. Stroll to dinner, the theater, the library, even the train, from a Western Section stunner with plenty of wow-factor and a backyard that’s sized just right for weeknight grilling or a garden party with a full guest list. A motor court is an appropriately formal introduction to the grand historic residence, built nearly a century ago, while around back, a lawn and stone patio with built-in kitchen ensconced by garden walls and flowering trees is as magical as it is functional. The garage comes equipped with a charging station, just one of many forward-thinking upgrades. Inside, that combination of pomp and practicality continues with a magnificently trimmed foyer and the large formal rooms at the front and an array of up-to-date, user-friendly spaces facing the yard. The kitchen has all of today’s most wanted appliances: a glass-door Sub Zero, an induction cooktop and a serve-yourself beverage station in the breakfast room. The sizable family room opens to the sunroom, an uplifting year-round retreat. An elevator in the mudroom now serves all 4 levels, including the perfectly laid out 2nd floor with 2 bedrooms sharing a bath and study/play space and the comprehensive main suite with separate his and hers dressing rooms. The top floor accommodates any need! An airy office with fireplace, a loft lounge and guest quarters are already in place. While some may wish to put their own spin on existing baths, this home is impeccably maintained with wise expenditures, like a whole-house generator, already taken care of.

Last Agent to Sell the Property

Jane Henderson Kenyon

Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 01/24/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Maura Mills

Callaway Henderson Sotheby's Int'l-Princeton License #8636710

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,450

Year Built

  • Built in 1925

Lot Details

  • 0.45 Acre Lot
  • Privacy Fence
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Georgian Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Bar
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 14-00011 01-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,450

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Georgian, Colonial
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: As Exist
  • Inclusions: As Exist
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1925
  • Remarks Public: A Bevy of Grandly Scaled Spaces to Use as You Wish in this Western Section Grand Dame With Walled Garden. Stroll to dinner, the theater, the library, even the train, from a Western Section stunner with plenty of wow-factor and a backyard that’s sized just right for weeknight grilling or a garden party with a full guest list. A motor court is an appropriately formal introduction to the grand historic residence, built nearly a century ago, while around back, a lawn and stone patio with built-in kitchen ensconced by garden walls and flowering trees is as magical as it is functional. The garage comes equipped with a charging station, just one of many forward-thinking upgrades. Inside, that combination of pomp and practicality continues with a magnificently trimmed foyer and the large formal rooms at the front and an array of up-to-date, user-friendly spaces facing the yard. The kitchen has all of today’s most wanted appliances: a glass-door Sub Zero, an induction cooktop and a serve-yourself beverage station in the breakfast room. The sizable family room opens to the sunroom, an uplifting year-round retreat. An elevator in the mudroom now serves all 4 levels, including the perfectly laid out 2nd floor with 2 bedrooms sharing a bath and study/play space and the comprehensive main suite with separate his and hers dressing rooms. The top floor accommodates any need! An airy office with fireplace, a loft lounge and guest quarters are already in place. While some may wish to put their own spin on existing baths, this home is impeccably maintained with wise expenditures, like a whole-house generator, already taken care of.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Icemaker, Microwave, Oven - Wall, Washer, Dryer
  • Interior Amenities: Additional Stairway, Attic, Bar, Butlers Pantry, Built-Ins, Curved Staircase, Elevator, Floor Plan - Traditional, Kitchen - Island, Kitchen - Gourmet, Pantry, Primary Bath(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane, Non-Functioning
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Foyer, Sun/Florida Room, Laundry, Loft, Mud Room, Office, Recreation Room, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Lower Floor, Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 151

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 2
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Hot Tub
  • Spa: No
  • 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: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 1438000.00
  • Land Assessed Value: 812000.00
  • Lot Size Acres: 0.45
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19602.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138624
  • Tax Annual Amount: 54450.00
  • Assessor Parcel Number: 14-00011 01-00016
  • Tax Lot: 00016
  • Tax Year: 2019
  • Close Date: 07/12/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2021
Closed on
Jun 23, 2021
Sold by
Zeldis Jerome B and Stamm Sharon W
Bought by
Carter Percy H and Carter Laura J
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,850,000
Sold Price
$2,227,500
Premium/Discount to List
-$622,500
-21.84%
Total Days on Market
117
Current Estimated Value
$3,176,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$948,779
Avg. Annual Appreciation
7.86%
Original Mortgage
$1,660,000
Outstanding Balance
$1,521,794
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,465,588

Purchase Details

Closed on
Feb 29, 2008
Sold by
Odening Gerald R and Bristo Pamela W
Bought by
Zeldis Jerome B and Stamm Sharon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1995
Sold by
Est William M Bristol
Bought by
Odening Gerald and Bristol Pamela W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Interest Rate
7.7%
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
Carter Percy H $2,227,500 Chicago Title Company
Zeldis Jerome B $3,100,000 --
Odening Gerald $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Percy H $1,660,000
Previous Owner Zeldis Jerome D $936,064
Previous Owner Zeldis Jerome B $956,325
Previous Owner Zeldis Jerome B $1,000,000
Previous Owner Odening Gerald R $400,000
Previous Owner Odening Gerald $844,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $2,227,500 -7.0% --
05/07/2021 05/07/21 Price Changed $2,395,000 -7.7% --
03/11/2021 03/11/21 Price Changed $2,595,000 -8.9% --
01/24/2021 01/24/21 For Sale $2,850,000 -- --
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 $50,903 $2,024,800 $812,000 $1,212,800
2023 $50,903 $2,024,800 $812,000 $1,212,800
2022 $49,243 $2,024,800 $812,000 $1,212,800
2021 $54,878 $2,250,000 $812,000 $1,438,000
2020 $54,450 $2,250,000 $812,000 $1,438,000
2019 $53,370 $2,250,000 $812,000 $1,438,000
2018 $62,617 $2,685,100 $812,000 $1,873,100
2017 $61,757 $2,685,100 $812,000 $1,873,100
2016 $60,791 $2,685,100 $812,000 $1,873,100
2015 $59,394 $2,685,100 $812,000 $1,873,100
2014 $58,667 $2,685,000 $912,000 $1,773,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME306968

Bright MLS

APN: 14-00011-01-00016