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$3,950,000

Beds
7
Baths
4.5
sq ft
Unknown

130 Library Pl, Princeton, NJ 08540

130 Library Pl

PRINCETON, NJ 08540

  • 218 days on market
Western Section neighbors have watched with eager anticipation as this gracious 1848 Colonial was restored over the course of two years. With a prominent spot along the most admired stretch of Library Place, everyone can appreciate the enhanced exterior, now clad in DURATION poly-ash siding with new roof, windows, and mahogany porches, but few have seen how the interior’s best original features were revived and complemented by countless improvements. Sun-splashed rooms extending from the grand center hall made this project worth the effort and expense. New wide-plank oak floors join tall pocket doors in the living room and family room, both sized to host any occasion, celebratory or intimate. While numerous French doors encourage gatherings to spill outdoors, the dining room goes even further to highlight the pretty setting. It is completely wrapped in glass for unencumbered views of the partially shaded yard and bluestone-edged pool. With a preferred semi-open layout, the kitchen, too, peeks out at the poolscape. Glass-front cabinetry, chef-approved appliances and new quartz countertops are a combination that will serve beautifully for years to come. A custom outfitted laundry room and a powder room with a dash of glam hint at the level of finish for four new bathrooms upstairs. Follow the cupola-lit three story staircase to a selection of nine rooms, some of them full suites with walk-in closets, which allow the private upper levels to function as you see fit. A corner room with a fireplace makes an ideal office or sitting room beside the main suite, which boasts a slipper tub, rain shower and detailed tilework within its marble bath. A bonus room on the newly air conditioned top floor may be the site of fun-filled sleepovers now, then down the road, a quiet artist’s studio. As it has done for the past 175 years, this house will continue to evolve gracefully.

Details

Property type

Single Family Residence

Est. home value

$3,717,511

Lot size

0.59 acres

Price per sq ft

Unknown

Year built

1848

Annual property taxes

$43,768

HOA

No

Price History

04/10/2024
Bright

Bright #NJME2041742

Listed
$3,950,000
+83.72%
04/05/2022
Bright

Bright #NJME2011992

Sold
$2,150,000
+13.16%
10/01/2020
Bright

Bright #NJME291650

Sold
$1,900,000

Schools & Community

Elementary school: 

COMMUNITY PARK

Middle school: 

J WITHERSPOON

High school: 

PRINCETON

School district: 

PRINCETON REGIONAL SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Peter J Motola

Loan start date

June 2023

Original loan amount

$75,000

Est. remaining balance

$0

Interest rate

6.43%

Loan type

Not Provided, 1 year

Seller

Thomas Jacob

Lender

Us Bank Na

Loan start date

March 2022

Original loan amount

$1,612,500

Est. remaining balance

$1,530,954

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Thomas Jacob

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 4:50 PM

Listing updated: 10/03/2024 at 9:46 AM

Listed by: Barbara J Blackwell, Callaway Henderson Sotheby's Int'l-Princeton Phone #: (609) 921-1050

MLS: Bright #NJME2041742

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