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18 Walker Drive

18 Walker Drive, Princeton, NJ 08540
Property in Mercer
Sold Sep 22, 2014
$1,480,000
$380,000 by Summit Mortgage Bankers Inc
Mortgage Due Mar 01, 2036
Sold Jun 25, 2002
$1,250,000
Buyer
Seller
18 Walker Drive has been categorized by the local assessors in Princeton, NJ as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The building has a total of 2 stories. In addition, 18 Walker Drive has 3,916 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 46,609 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 18 Walker Drive sold most recently in Sep 15, 2014 for a total of $1,480,000. If you work out the math, that's approximately a cost of $377.94 per sqft. Before that, the property was also sold for $1,250,000 in Jun 13, 2002. 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 $29,515 in taxes each year. 18 Walker Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,213,600. If we break it down further, the land itself was valued at $557,000. Improvements to the property, however, were assessed at a total of $656,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Condition

Level Lot

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 3,916
  • Building Area: 3,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.07
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHEN LI
  • Previous Owner : SUNG LI LIN
  • Previous Owner 2: LEE JOHN SHING KOK
  • Owner Before Previous Owner: WALL BERNARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004203

Zoning

  • Zoning: R1AH

Geography

  • Assessors Map Reference: TAX MAP 61
  • District: 14
  • Parcel: 14 06102-0000-00020
  • Block: 6102
  • Lot: 20
  • Municipality: PRINCETON
  • Latitude: 40.346
  • Longitude: -74.7014

    Address

  • Full Address: 18 Walker Dr
  • Address - House Number: 18
  • Address - Street Name: Walker
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C053
  • 4-Digit Zip Code: 2324
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,515

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 1,651,704
  • High Value: 1,979,417
  • Low Value: 1,323,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $1,213,600
  • Market Land Value: $557,000
  • Market Improvement Value: $656,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,213,600
  • Assessed Land Value: $557,000
  • Assessed Improvements Value: $656,600

    Sales

  • Current Sale Contract Date: Sep 15, 2014
  • Current Sale Recording Date: Sep 22, 2014
  • Current Sale Transaction ID: 1192174397
  • Current Sale Price: $1,480,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2014040328
  • Previous Sale Recording Date: Jun 25, 2002
  • Previous Sale Contract Date: Jun 13, 2002
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Deed

About Mercer



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Frequently Asked Questions

What neighborhood is 18 Walker Drive located in?
The 18 Walker Drive is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 18 Walker Drive?
The average sales price for units in 18 Walker Drive is $0 currently.

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