NOT LISTED FOR SALE

159 Library Place Princeton, NJ 08540

Estimated Value: $3,411,995 - $5,332,000

7 Beds
7 Baths
-- Sq Ft
0.53 Acres

Last Sold June 25, 2015

Last sale price $2,600,000

Est. 58% increase in value since last sale

Current estimated payment $28,377/month

631 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Corner Lot
  • Community Park Elementary School Rated A+
  • Attic
  • No HOA

About This Home

As of June 2015

An elegant brick Georgian with private walled garden stands with distinguished presence at perhaps the most recognizable crossroad in Princeton's Western Section. Step into the receiving hall, where a finely detailed spindle staircase ascends toward a leaded glass Palladian window with countless delicate panes catching the light. Double parlors feature two of seven fireplaces topped by hand-carved mantels. Beyond French doors, an ethereal sunroom adjoins the dining room, where a hand-painted chinoiserie mural fosters a sense of intimacy and plenty of conversation. Cherry cabinetry and wainscoting surround the vast kitchen and adjoining butlers pantry. Lavish draperies, wallcoverings and carpeting continue to the second floor served by an elevator. Four bedrooms, including his and hers masters, feature patterned wood floors, fireplaces and private baths. A second sunroom and a versatile office complete this level. Four charming top floor bedrooms now functioning as office/conference room/study

Last Agent to Sell the Property

AMY S. BRIGHAM

Callaway Henderson Sotheby's Int'l-Princeton Listed on: 08/22/2013

Co-Listed By

WILLA STACKPOLE

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

DANIELLE C. Mahnken

Callaway Henderson Sotheby's Int'l-Princeton License #1433090

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,718

Year Built

  • Built in 1905

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 113x203
  • Corner Lot
  • Sprinkler System
  • Property is in good condition
  • Property is zoned R1

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Ceiling height of 9 feet or more
  • Bay Window
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 14-00011 01-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,718

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Negotiable. Furniture And Drapes Negotiable
  • New Construction: No
  • Year Built: 1905
  • Remarks Public: An elegant brick Georgian with private walled garden stands with distinguished presence at perhaps the most recognizable crossroad in Princeton's Western Section. Step into the receiving hall, where a finely detailed spindle staircase ascends toward a leaded glass Palladian window with countless delicate panes catching the light. Double parlors feature two of seven fireplaces topped by hand-carved mantels. Beyond French doors, an ethereal sunroom adjoins the dining room, where a hand-painted chinoiserie mural fosters a sense of intimacy and plenty of conversation. Cherry cabinetry and wainscoting surround the vast kitchen and adjoining butlers pantry. Lavish draperies, wallcoverings and carpeting continue to the second floor served by an elevator. Four bedrooms, including his and hers masters, feature patterned wood floors, fireplaces and private baths. A second sunroom and a versatile office complete this level. Four charming top floor bedrooms now functioning as office/conference room/study
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Kitchen - Island, Butlers Pantry, Sprinkler System, Elevator, Dining Area
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Street Number Modifier: 159

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights, Lawn Sprinkler
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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: 2070400.00
  • Land Assessed Value: 800000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.53
  • Lot Dimensions: 113X203
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22939.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138611
  • Tax Annual Amount: 62718.00
  • Assessor Parcel Number: 14-00011 01-00001
  • Tax Lot: 00001
  • Tax Year: 2014
  • Close Date: 06/25/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jun 12, 2015
Sold by
Leventon William L
Bought by
Sullivan Sean O
Seller's Agent
AMY S. BRIGHAM
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
DANIELLE C. Mahnken
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,900,000
Sold Price
$2,600,000
Premium/Discount to List
-$300,000
-10.34%
Total Days on Market
631
Current Estimated Value
$4,112,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512,749
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Jan 15, 2004
Sold by
White Robert
Bought by
Leventon William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.98%
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
Sullivan Sean O $2,600,000 Acres Land Title Agency Inc
Leventon William $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Sean O $1,820,000
Previous Owner Leventon William $500,000
Previous Owner Leventon William $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $2,600,000 -10.3% --
05/15/2015 05/15/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $2,900,000 +11.5% --
02/23/2015 02/23/15 Off Market $2,600,000 -- --
09/15/2014 09/15/14 Price Changed $2,900,000 -6.5% --
05/21/2014 05/21/14 Price Changed $3,100,000 -1.6% --
03/17/2014 03/17/14 Price Changed $3,150,000 -4.5% --
08/22/2013 08/22/13 For Sale $3,300,000 -- --
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 $64,280 $2,556,900 $800,000 $1,756,900
2023 $64,280 $2,556,900 $800,000 $1,756,900
2022 $62,363 $2,556,900 $800,000 $1,756,900
2021 $62,363 $2,556,900 $800,000 $1,756,900
2020 $61,877 $2,556,900 $800,000 $1,756,900
2019 $60,650 $2,556,900 $800,000 $1,756,900
2018 $59,627 $2,556,900 $800,000 $1,756,900
2017 $59,654 $2,556,900 $800,000 $1,756,900
2016 $57,888 $2,556,900 $800,000 $1,756,900
2015 $63,493 $2,870,400 $800,000 $2,070,400
2014 $62,718 $2,870,400 $800,000 $2,070,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003585176

Bright MLS

APN: 14-00011-01-00001