Seller's Agent in 2022
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
(609) 947-5757
47 in this area
130 Total Sales
166 Library Place Princeton, NJ 08540
0.97
Acre
$1,025,773
Price per Acre
42,253
Sq Ft Lot
Highlights
- 0.97 Acre Lot
- Corner Lot
- En-Suite Primary Bedroom
- Community Park Elementary School Rated A+
- No HOA
About This Lot
As of December 2022Wonderful opportunity to purchase a much admired parklike lot in Princeton's desirable western section. Comprised of 2 Princeton Borough lots, this 0.97 acre property can be the site for one house. This offering is for the unimproved lot. Public water and sewer are available in the street. Approved site plan, zoning, building data and house plans are available. Some permits are in place. Purchaser can use the existing plans or get approvals for their own design. Assessment, acreage and taxes are a total of lots 5 and 6 on the Princeton Borough tax maps. Walking distance to Palmer Square, Princeton University, McCarter Theater, the Dinky train station, and Princeton's numerous restuarants.
Last Agent to Sell the Property
Callaway Henderson Sotheby's Int'l-Princeton License #8838228 Listed on: 04/01/2011
Last Buyer's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley License #229570
Property Details
Property Type
- Land
Est. Annual Taxes
- $35,232
Year Built
- 2014
Lot Details
- 0.97 Acre Lot
- Corner Lot
- Property is zoned R1
Additional Features
- En-Suite Primary Bedroom
- No Septic Approved
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5 & 6
- Assessor Parcel Number 14-0001002-00006 AND 09-0001002-00005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2022
Closed on
Nov 22, 2022
Sold by
Culhane Michael G and Culhane Sally A
Bought by
Hong Zhijian and Zhang Lu
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Xiaoyi Wu
Queenston Realty, LLC
List Price
$4,500,000
Sold Price
$4,700,000
Premium/Discount to List
$200,000
4.44%
Total Days on Market
412
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$302,005
Avg. Annual Appreciation
-3.54%
Purchase Details
Listed on
Apr 1, 2011
Closed on
Sep 19, 2012
Sold by
166 Library Place Llc
Bought by
Culhane Michael G and Culhane Sally A
Seller's Agent
Martha Giancola
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Barbara Facompre
BHHS Fox & Roach Hopewell Valley
List Price
$1,295,000
Sold Price
$995,000
Premium/Discount to List
-$300,000
-23.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$1,900,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 4, 2010
Sold by
Webster Elizabeth Mcgraw
Bought by
166 Library Place Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,700,000 | Title Authority | |
| Deed | $995,000 | First American Title | |
| Deed | -- | None Available | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $900,000 | New Conventional | |
| Previous Owner | $1,900,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2022 12/01/22 | Sold | $4,700,000 | +4.4% | -- |
| 09/24/2022 09/24/22 | For Sale | $4,500,000 | +352.3% | -- |
| 10/12/2012 10/12/12 | Sold | $995,000 | -23.2% | -- |
| 05/17/2012 05/17/12 | Pending | -- | -- | -- |
| 04/01/2011 04/01/11 | For Sale | $1,295,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $60,472 | $2,405,400 | $850,300 | $1,555,100 |
| 2023 | $60,472 | $2,405,400 | $850,300 | $1,555,100 |
| 2022 | $58,368 | $2,400,000 | $850,300 | $1,549,700 |
| 2021 | $61,890 | $2,537,500 | $850,300 | $1,687,200 |
| 2020 | $61,408 | $2,537,500 | $850,300 | $1,687,200 |
| 2019 | $60,190 | $2,537,500 | $850,300 | $1,687,200 |
| 2018 | $61,553 | $2,639,500 | $863,000 | $1,776,500 |
| 2017 | $60,709 | $2,639,500 | $863,000 | $1,776,500 |
| 2016 | $59,758 | $2,639,500 | $863,000 | $1,776,500 |
| 2015 | $58,386 | $2,639,500 | $863,000 | $1,776,500 |
| 2014 | $57,673 | $1,613,000 | $863,000 | $750,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maura Mills
-
Xiaoyi Wu
Buyer's Agent in 2022
Xiaoyi Wu
Queenston Realty, LLC
(609) 375-5677
17 in this area
209 Total Sales
-
Martha Giancola
Seller's Agent in 2012
Martha Giancola
Callaway Henderson Sotheby's Int'l-Princeton
(609) 658-1969
8 in this area
28 Total Sales
-
Buyer's Agent in 2012
Barbara Facompre
BHHS Fox & Roach
(609) 731-1189
11 Total Sales
Map
Source: Bright MLS
MLS Number: 1004348006
APN: 14-00010-02-00005-01
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