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11 Lake Lane

11 Lake Lane, Princeton, NJ 08540
Property in Mercer
Sold Jan 30, 2017
$833,375
$708,375 by Princeton University
Mortgage
Sold Mar 06, 2015
$616,250
11 Lake Lane in Princeton, NJ was first built in 1957 and is 67 years old. This has been categorized as a residential property type. There are a total of 2 floors. 11 Lake Lane has 1,914 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 26,136 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. 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, 11 Lake Lane sold most recently in Jan 27, 2017 for a total of $833,375. If you work out the math, that's approximately a cost of $435.41 per sqft. Before that, the property was also sold for $616,250 in Feb 18, 2015. 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 $18,174 in taxes each year. 11 Lake Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $747,300. If we break it down further, the land itself was valued at $508,000. Improvements to the property, however, were assessed at a total of $239,300. 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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: PU

Ownership

  • Current Owner : MCCLINTOCK ANNE
  • Current Owner 2: NIXON ROBERT
  • Previous Owner : THE TRUSTEES OF PRINCETON UNIVERSITY
  • Owner Before Previous Owner: KRIPKE SAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004204

Zoning

  • Zoning: E1

Geography

  • Assessors Map Reference: TAX MAP 114
  • Account Number: 00001116
  • District: 14
  • Parcel: 14 11401-0000-00002
  • Block: 11401
  • Lot: 2
  • Municipality: PRINCETON
  • Latitude: 40.3442
  • Longitude: -74.6406

    Address

  • Full Address: 11 Lake Ln
  • Address - House Number: 11
  • Address - Street Name: Lake
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C004
  • 4-Digit Zip Code: 7211
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,174

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 1,110,179
  • High Value: 1,334,566
  • Low Value: 885,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $708,375
  • First Open Lien Mortgage Lender: PRINCETON UNIVERSITY
  • First Open Lien Mortgage Recording Date: Jan 30, 2017
  • First Open Lien Mortgage Loan Amount: $708,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $747,300
  • Market Land Value: $508,000
  • Market Improvement Value: $239,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $747,300
  • Assessed Land Value: $508,000
  • Assessed Improvements Value: $239,300

    Sales

  • Current Sale Contract Date: Jan 27, 2017
  • Current Sale Recording Date: Jan 30, 2017
  • Current Sale Transaction ID: 1812064856
  • Current Sale Price: $833,375
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017004377
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Contract Date: Feb 18, 2015
  • Previous Sale Amount: $616,250
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON UNIVERSITY
  • First Mortgage Transaction Date: Jan 30, 2017
  • First Mortgage Loan Amount: $708,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Mercer



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Frequently Asked Questions

What neighborhood is 11 Lake Lane located in?
The 11 Lake Lane is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 11 Lake Lane?
The average sales price for units in 11 Lake Lane is $0 currently.

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