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38 Wheatsheaf Lane

38 Wheatsheaf Lane, Princeton, NJ 08540
Property in Mercer
Sold Jun 08, 2004
$564,000
$405,000 by Wells Fargo Bank
Mortgage
Sold Sep 06, 1996
$295,000
$167,000 by Trustees Princeton Univ
Mortgage
38 Wheatsheaf Lane in Princeton, NJ was first built in 1945 and is 79 years old. This has been categorized as a residential property type. It is a single story home. 38 Wheatsheaf Lane has 1,894 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 12,197 square feet.

Learn more about the property and building on this page. 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. 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, 38 Wheatsheaf Lane was last sold in May 1, 2004 for $564,000. According to our calculations, that's $297.78 per sqft. Prior to that sales transaction, the property was sold for $295,000 in Sep 3, 1996. Current property owners are expected to pay $13,369 in taxes per year. The property on 38 Wheatsheaf Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $549,700. To break that down further, the land itself was valued at $361,000. While improvements to the property were assessed at a total of $188,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,894
  • Building Area: 1,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,894
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TOWERS MICHELLE
  • Current Owner 2: TOWERS JOHN
  • Previous Owner : HAHN BARBARA
  • Owner Before Previous Owner: RICH KATHERINE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004205

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 76
  • Account Number: 00001765
  • District: 14
  • Parcel: 14 07601-0000-00024
  • Block: 7601
  • Lot: 24
  • Municipality: PRINCETON
  • Latitude: 40.3585
  • Longitude: -74.639

    Address

  • Full Address: 38 Wheatsheaf Ln
  • Address - House Number: 38
  • Address - Street Name: Wheatsheaf
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C035
  • 4-Digit Zip Code: 4022
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,369

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 892,506
  • High Value: 1,069,228
  • Low Value: 715,783

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2004
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: May 27, 2020
  • Second Open Lien Mortgage Loan Amount: $375,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $549,700
  • Market Land Value: $361,000
  • Market Improvement Value: $188,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $549,700
  • Assessed Land Value: $361,000
  • Assessed Improvements Value: $188,700

    Sales

  • Current Sale Contract Date: May 01, 2004
  • Current Sale Recording Date: Jun 08, 2004
  • Current Sale Transaction ID: 1108288036
  • Current Sale Price: $564,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 06, 1996
  • Previous Sale Contract Date: Sep 03, 1996
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Jun 08, 2004
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTEES PRINCETON UNIV
  • Previous Mortgage Transaction Date: Sep 06, 1996
  • Previous Mortgage Loan Amount: $167,000
  • Previous Mortgage Term: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 38 Wheatsheaf Lane located in?
The 38 Wheatsheaf Lane is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 38 Wheatsheaf Lane?
The average sales price for units in 38 Wheatsheaf Lane is $0 currently.

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