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108 Rachel Lane

108 Rachel Lane, Trenton, NJ 08691
Property in Mercer
Sold May 14, 2015
$272,000
$65,000 by Santander Bank Na
Mortgage Due Jun 01, 2025
Sold Feb 28, 2003
$231,500
$40,000 by Countrywide Home
Mortgage
Local assessors in Trenton, NJ have categorized 108 Rachel Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 4,176 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 480 ft. If we look only at the heated or air conditioned part of the building, then 108 Rachel Lane has a total of 1,418 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, 108 Rachel Lane sold most recently in May 11, 2015 for a total of $272,000. If you work out the math, that's approximately a cost of $191.82 per sqft. Before that, the property was also sold for $231,500 in Feb 27, 2003. 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 $6,856 in taxes each year. 108 Rachel Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $210,900. If we break it down further, the land itself was valued at $69,700. Improvements to the property, however, were assessed at a total of $141,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,176
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,418
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: DEED# 171803

Ownership

  • Current Owner : NOTAROBERTO PATRICK
  • Current Owner 2: NOTAROBERTO MAUREEN
  • Previous Owner : PAPPAS JOAN P
  • Owner Before Previous Owner: SHARBELL HAMILTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton Township School District
  • Census Tract: 003003

Zoning

  • Zoning: RD

Geography

  • Assessors Map Reference: TAX MAP 2881
  • District: 03
  • Parcel: 03 02606- 01-00222
  • Block: 2606.01
  • Lot: 222
  • Municipality: HAMILTON TWP
  • Latitude: 40.1945
  • Longitude: -74.6704

    Address

  • Full Address: 108 Rachel Ln
  • Address - House Number: 108
  • Address - Street Name: Rachel
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Robbinsville
  • Carrier Code: R024
  • 4-Digit Zip Code: 3365
  • Zip Code: 08691

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,856

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 72
  • Final Value: 373,344
  • High Value: 448,645
  • Low Value: 298,042

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: May 14, 2015
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2025
  • Second Open Lien Mortgage Lender: SANTANDER BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 10, 2015
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2025

    Market Valuation

  • Market Total Value: $210,900
  • Market Land Value: $69,700
  • Market Improvement Value: $141,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,900
  • Assessed Land Value: $69,700
  • Assessed Improvements Value: $141,200

    Sales

  • Current Sale Contract Date: May 11, 2015
  • Current Sale Recording Date: May 14, 2015
  • Current Sale Transaction ID: 1218326779
  • Current Sale Price: $272,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015021556
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Contract Date: Feb 27, 2003
  • Previous Sale Amount: $231,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SANTANDER BANK NA
  • First Mortgage Transaction Date: May 14, 2015
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME
  • Previous Mortgage Transaction Date: Feb 28, 2003
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mercer



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Frequently Asked Questions

What neighborhood is 108 Rachel Lane located in?
The 108 Rachel Lane is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 108 Rachel Lane?
The average sales price for units in 108 Rachel Lane is $0 currently.

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