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11 London Place

11 London Place, Somerset, NJ 08873
Property in Somerset
Sold Aug 17, 2012
$411,000
$250,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2042
Sold Dec 27, 2004
$469,900
$300,000 by Weichert Fncl Svcs
Mortgage
Local assessors in Somerset, NJ have categorized 11 London Place as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 17,340 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 1,700 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 London Place has a total of 2,352 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 London Place was last sold in Jun 22, 2012 for $411,000. According to our calculations, that's $174.74 per sqft. Prior to that sales transaction, the property was sold for $469,900 in Dec 17, 2004. Current property owners are expected to pay $10,866 in taxes per year. The property on 11 London Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $562,700. To break that down further, the land itself was valued at $267,400. While improvements to the property were assessed at a total of $295,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,340
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.398
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATTERSON SHANE B
  • Current Owner 2: PATTERSON CAMILLA ANN
  • Previous Owner : HERNANDEZ ARTHUR
  • Previous Owner 2: HERNANDEZ CATHERINE
  • Owner Before Previous Owner: ROSE MICHAEL D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053105

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 7703
  • District: 08
  • Parcel: 08 00424- 03-00005
  • Block: 424.03
  • Lot: 5
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5085
  • Longitude: -74.5112

    Address

  • Full Address: 11 London Pl
  • Address - House Number: 11
  • Address - Street Name: London
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C038
  • 4-Digit Zip Code: 4827
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,866

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 684,715
  • High Value: 790,476
  • Low Value: 578,954

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 17, 2012
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Aug 01, 2042

    Market Valuation

  • Market Total Value: $556,522
  • Market Land Value: $264,464
  • Market Improvement Value: $292,058

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,700
  • Assessed Land Value: $267,400
  • Assessed Improvements Value: $295,300

    Sales

  • Current Sale Contract Date: Jun 22, 2012
  • Current Sale Recording Date: Aug 17, 2012
  • Current Sale Transaction ID: 1120679755
  • Current Sale Price: $411,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012045422
  • Previous Sale Recording Date: Dec 27, 2004
  • Previous Sale Contract Date: Dec 17, 2004
  • Previous Sale Amount: $469,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 17, 2012
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FNCL SVCS
  • Previous Mortgage Transaction Date: Dec 27, 2004
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 11 London Place located in?
The 11 London Place is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 11 London Place?
The average sales price for units in 11 London Place is $0 currently.

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