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3 Andrews Lane

3 Andrews Lane, Princeton, NJ 08540
Property in Mercer
Sold May 08, 2008
$1,075,000
$700,000 by Citi Mortgage Inc
Mortgage
Sold Sep 16, 1994
$650,000
$400,000 by The Phoenix Finl Grp
Mortgage
3 Andrews Lane in Princeton, NJ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. 3 Andrews Lane has 4,730 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 26,092 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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 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, 3 Andrews Lane sold most recently in Apr 27, 2008 for a total of $1,075,000. If you work out the math, that's approximately a cost of $227.27 per sqft. Before that, the property was also sold for $650,000 in Sep 14, 1994. 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 $25,183 in taxes each year. 3 Andrews Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,035,500. If we break it down further, the land itself was valued at $495,000. Improvements to the property, however, were assessed at a total of $540,500. 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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 26,092
  • Total Building Area: 4,730
  • Building Area: 4,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.599
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH CHARLES M
  • Current Owner 2: LIN NANCY H
  • Previous Owner : GREENMAN CHARLES P
  • Previous Owner 2: GREENMAN JANE F
  • Owner Before Previous Owner: HERRONTOWN ASSOC INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 53
  • District: 14
  • Parcel: 14 05301-0000-00040
  • Block: 5301
  • Lot: 40
  • Municipality: PRINCETON
  • Latitude: 40.3644
  • Longitude: -74.6671

    Address

  • Full Address: 3 Andrews Ln
  • Address - House Number: 3
  • Address - Street Name: Andrews
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: R008
  • 4-Digit Zip Code: 7633
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,183

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 77
  • Final Value: 1,649,020
  • High Value: 1,938,577
  • Low Value: 1,359,463

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,409,000
  • First Open Lien Mortgage Lender: CITI MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 08, 2008
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jul 22, 2020
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $709,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $1,035,500
  • Market Land Value: $495,000
  • Market Improvement Value: $540,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,035,500
  • Assessed Land Value: $495,000
  • Assessed Improvements Value: $540,500

    Sales

  • Current Sale Contract Date: Apr 27, 2008
  • Current Sale Recording Date: May 08, 2008
  • Current Sale Transaction ID: 1192174019
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2008016251
  • Previous Sale Recording Date: Sep 16, 1994
  • Previous Sale Contract Date: Sep 14, 1994
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITI MORTGAGE INC
  • First Mortgage Transaction Date: May 08, 2008
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: CITIBANK
  • Second Mortgage Transaction Date: May 08, 2008
  • Second Mortgage Loan Amount: $52,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: THE PHOENIX FINL GRP
  • Previous Mortgage Transaction Date: Sep 16, 1994
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 3 Andrews Lane located in?
The 3 Andrews Lane is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 3 Andrews Lane?
The average sales price for units in 3 Andrews Lane is $0 currently.

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