NOT LISTED FOR SALE

154 Library Place Princeton, NJ 08540

Estimated Value: $2,322,000 - $3,633,000

5 Beds
4.5 Baths
-- Sq Ft
0.36 Acres

Last Sold January 29, 2014

Last sale price $1,887,500

Est. 49% increase in value since last sale

Current estimated payment $18,226/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Community Park Elementary School Rated A+
  • Attic
  • 1 Car Detached Garage

About This Home

As of January 2014

Taking pride of place along one of Princeton's enviable Western Section streets and built during the Victorian era, this house imparts the pleasing symmetry and simplicity of the Federal Revival style. Cherry branches drape a front brick walk edged with mature boxwood, while in the rear azalea and rhododendron color a private terraced lawn. 9+' ceilings, oak floors, lustrous mahogany doors and 6 fireplaces reflect the quality craftsmanship of the time. A wide center hall brightened by leaded glass windows opens to a library with built-ins, a living room with bay windows and door leading to the rear garden, and a dining room with beamed ceiling. A butler's pantry with original sink makes a unique bar when entertaining. The eat-in kitchen opens to a cozy family room lined with built-ins for media. Large windows usher light into 3 second story bedrooms, each with ensuite bath. The 2-room master suite includes a study/dressing room. Follow the back stairs to 2 more bedrooms, a full bath, and ample storage.

Last Agent to Sell the Property

Joan Loraine Otis

(908) 415-3062 lotis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1109772 Listed on: 11/01/2013

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Carolyn Spohn

(609) 468-2145 cspohn@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8837382

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,368

Year Built

  • Built in 1902

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 75x212
  • Northeast Facing Home
  • Level Lot
  • Open Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 2.5 Levels
  • Ceiling height of 9 feet or more
  • Stone Fireplace
  • Stained Glass
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-00010 02-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,368

Year Built

Built in 1902

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Entry Hall Chandelier
  • Inclusions: Washer, Dryer, Refrigerator, Range, Dishwasher
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Master Bath(s), Butlers Pantry, Stain/Lead Glass, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Satellite Dish, Exterior Lighting
  • Roof: Pitched, Shingle
  • 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 Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 724900.00
  • Land Assessed Value: 794000.00
  • Lot Features: Level, Open, Front Yard, Rear Yard
  • Lot Size Acres: 0.36
  • Lot Dimensions: 75X212
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15900.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138555
  • Tax Annual Amount: 32368.00
  • Assessor Parcel Number: 14-00010 02-00008
  • Tax Lot: 00008
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jan 29, 2014
Sold by
Wilmerding John
Bought by
Klitsch Justin and Klitsch Lindsay W
Seller's Agent
Joan Loraine Otis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Carolyn Spohn
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,050,000
Sold Price
$1,887,500
Premium/Discount to List
-$162,500
-7.93%
Current Estimated Value
$2,814,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,364
Avg. Annual Appreciation
3.44%
Original Mortgage
$1,387,500
Interest Rate
4.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Klitsch Justin $1,887,500 Alta Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Klitsch Justin $1,387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $1,887,500 -7.9% --
11/26/2013 11/26/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $2,050,000 -- --
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 $40,856 $1,534,200 $794,000 $740,200
2024 $38,570 $1,534,200 $794,000 $740,200
2023 $38,570 $1,534,200 $794,000 $740,200
2022 $37,312 $1,534,200 $794,000 $740,200
2021 $37,419 $1,534,200 $794,000 $740,200
2020 $37,128 $1,534,200 $794,000 $740,200
2019 $36,391 $1,534,200 $794,000 $740,200
2018 $35,778 $1,534,200 $794,000 $740,200
2017 $35,287 $1,534,200 $794,000 $740,200
2016 $34,734 $1,534,200 $794,000 $740,200
2015 $33,937 $1,534,200 $794,000 $740,200
2014 $33,188 $1,518,900 $794,000 $724,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003639086

Bright MLS

APN: 14-00010-02-00008