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1 Dorothea Terrace

1 Dorothea Terrace, Lawrence Township, NJ 08648
Property in Mercer
Sold Mar 21, 1996
$144,500
$145,000 by Chapel Mtg
Mortgage
Local assessors in Lawrence Township, NJ have categorized 1 Dorothea Terrace as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 11,064 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 1,130 ft. If we look only at the heated or air conditioned part of the building, then 1 Dorothea Terrace has a total of 2,172 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Lots of stucco were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Dorothea Terrace sold most recently in Mar 15, 1996 for a total of $144,500. If you work out the math, that's approximately a cost of $66.53 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,506 in taxes each year. 1 Dorothea Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $318,900. If we break it down further, the land itself was valued at $94,700. Improvements to the property, however, were assessed at a total of $224,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,064
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,172
  • Building Area: 2,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ESPOSITO ANTHONY
  • Current Owner 2: PATTERSON JENNIFER
  • Previous Owner : STEVENS WAYNE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township School District
  • Census Tract: 003201

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 2703
  • District: 07
  • Parcel: 07 02702-0000-00012
  • Block: 2702
  • Lot: 12
  • Municipality: LAWRENCE TWP
  • Latitude: 40.2823
  • Longitude: -74.76

    Address

  • Full Address: 1 Dorothea Ter
  • Address - House Number: 1
  • Address - Street Name: Dorothea
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Lawrence Township
  • Carrier Code: C081
  • 4-Digit Zip Code: 2821
  • Zip Code: 08648

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,506

    Appraisal Valuation

  • Standard Deviation: 0.2169
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 495,978
  • High Value: 603,593
  • Low Value: 388,363

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: CHAPEL MTG
  • First Open Lien Mortgage Recording Date: Nov 19, 2001
  • First Open Lien Mortgage Loan Amount: $145,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Apr 11, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 26, 2048

    Market Valuation

  • Market Total Value: $318,900
  • Market Land Value: $94,700
  • Market Improvement Value: $224,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $318,900
  • Assessed Land Value: $94,700
  • Assessed Improvements Value: $224,200

    Sales

  • Current Sale Contract Date: Mar 15, 1996
  • Current Sale Recording Date: Mar 21, 1996
  • Current Sale Transaction ID: 1119744169
  • Current Sale Price: $144,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PIONEER MTG
  • First Mortgage Transaction Date: Mar 21, 1996
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1 Dorothea Terrace located in?
The 1 Dorothea Terrace is a located in the neighborhood of Mercer in Mercer, Lawrence Township.
What is the average sales price for listings in 1 Dorothea Terrace?
The average sales price for units in 1 Dorothea Terrace is $0 currently.

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