Sold Oct 31, 2016
$475,000
Buyer
Seller
$100,000
by Phh Home Loans Llc
Mortgage Due Nov 01, 2031
Sold Feb 05, 2004
$346,325
Buyer
$100,000
by American Residential Mortgage
Mortgage
347 Biltmore Lane in Somerset, NJ was first built in 2004 and is 20 years old.
This has been categorized as a residential property type.
347 Biltmore Lane has 2,217 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 7,057 square feet.
Learn more about the property and building on this page. The property was last sold in Oct 18, 2016 for $475,000. That's $214.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2004 for $346,325. 347 Biltmore Lane was last assessed in 2023. The total value of the property was assessed at $512,600. Specifically, the land the property is located on was valued at $270,400. While improvements on the property were assessed at a total of $242,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,898. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Learn more about the property and building on this page. The property was last sold in Oct 18, 2016 for $475,000. That's $214.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2004 for $346,325. 347 Biltmore Lane was last assessed in 2023. The total value of the property was assessed at $512,600. Specifically, the land the property is located on was valued at $270,400. While improvements on the property were assessed at a total of $242,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,898. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.