Sold Jan 13, 2010
$150,000
$211,096
by Wells Fargo Bank Na
Mortgage Due Feb 01, 2040
Sold Aug 08, 2008
$404,182
Seller
This has been categorized as a residential property type.
In total, the area measurement of the land is 7,646 square feet.
Learn more about the property and building on this page. 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, 281 Observatory Avenue sold most recently in Dec 29, 2009 for a total of $150,000. Before that, the property was also sold for $404,182 in Jul 22, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,292 in taxes each year. 281 Observatory Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $281,129. If we break it down further, the land itself was valued at $124,062. Improvements to the property, however, were assessed at a total of $157,067. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.
Learn more about the property and building on this page. 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, 281 Observatory Avenue sold most recently in Dec 29, 2009 for a total of $150,000. Before that, the property was also sold for $404,182 in Jul 22, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,292 in taxes each year. 281 Observatory Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $281,129. If we break it down further, the land itself was valued at $124,062. Improvements to the property, however, were assessed at a total of $157,067. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.