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1016 Aspen Drive

1016 Aspen Drive, Plainsboro, NJ 08536
Property in Middlesex
Sold Feb 09, 2022
$295,000
Buyer
Seller
$280,250 by Towne Mortgage Company
Mortgage Due Feb 01, 2052
Sold Apr 02, 2020
$229,900
Local assessors in Plainsboro, NJ have categorized 1016 Aspen Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 367 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 1016 Aspen Drive has a total of 1,086 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. 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, 1016 Aspen Drive sold most recently in Jan 19, 2022 for a total of $295,000. If you work out the math, that's approximately a cost of $271.64 per sqft. Before that, the property was also sold for $229,900 in Mar 3, 2020. 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 $5,773 in taxes each year. 1016 Aspen Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $229,900. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $164,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding

Parking

Parking Lot
Private Parking
Unassigned Parking

Condition

Level Lot
Secluded Lot

Building Style

Contemporary

Swimming Pool

Outdoor Pool
Inground Pool
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 367
  • Total Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASPEN AT PRINCETON MEADOWS
  • Land Acres: 0.008
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 0.2942%

Ownership

  • Current Owner : SINGH ARCHIT
  • Previous Owner : LI
  • Previous Owner 2: TONGTONG
  • Owner Before Previous Owner: U S BANK TRUST NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: West Windsor-Plainsboro Regional School District
  • Census Tract: 008604

Zoning

  • Zoning: PCD

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 18
  • Parcel: 18 02702-0000-01016-0000-C1016
  • Block: 2702
  • Lot: 1016
  • Municipality: PLAINSBORO TWP
  • Latitude: 40.3231
  • Longitude: -74.5574

    Address

  • Full Address: 1016 Aspen Dr
  • Address - House Number: 1016
  • Address - Street Name: Aspen
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Plainsboro
  • Carrier Code: C009
  • 4-Digit Zip Code: 3610
  • Zip Code: 08536

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,773

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 290,608
  • High Value: 315,522
  • Low Value: 265,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,250
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $280,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $229,900
  • Market Land Value: $65,000
  • Market Improvement Value: $164,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,900
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $164,900

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11879922880
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 16402
  • Previous Sale Recording Date: Apr 02, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE COMPANY
  • First Mortgage Transaction Date: Feb 09, 2022
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About Princeton Meadows



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Frequently Asked Questions

What neighborhood is 1016 Aspen Drive located in?
The 1016 Aspen Drive is a located in the neighborhood of Middlesex in Princeton Meadows, Plainsboro.
What is the average sales price for listings in 1016 Aspen Drive?
The average sales price for units in 1016 Aspen Drive is $0 currently.

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