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516 Walker Avenue

516 Walker Avenue, Trenton, NJ 08628
House in Mercer
Sold Jun 02, 2020
$220,000
$120,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2050
516 Walker Avenue has been categorized by the local assessors in Trenton, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. In addition, 516 Walker Avenue has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

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. According to our sources, there is one available parking space. 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 concrete block control joints. The exterior walls of the building are made of concrete. 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, 516 Walker Avenue sold most recently in Feb 28, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $178.57 per sqft. 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 $8,190 in taxes each year. 516 Walker Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $227,700. If we break it down further, the land itself was valued at $76,800. Improvements to the property, however, were assessed at a total of $150,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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

Exterior

Brick Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Building Style: Colonial
  • Exterior Walls Type: Concrete
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 97/FACILITY NAME: CHANGE 2020

Ownership

  • Current Owner : FARMER ROBIE S
  • Current Owner 2: FARMER MAXINE E
  • Previous Owner : SODOMIN MARIAN
  • Previous Owner 2: ESTATE OF THERESA SODOMIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003708

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 75
  • Account Number: 04530821
  • District: 02
  • Parcel: 02 00398-0000-00096
  • Block: 398
  • Lot: 96
  • Municipality: EWING TWP
  • Latitude: 40.2623
  • Longitude: -74.8197

    Address

  • Full Address: 516 Walker Ave
  • Address - House Number: 516
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C098
  • 4-Digit Zip Code: 2824
  • Zip Code: 08628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,190

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 66
  • Final Value: 350,939
  • High Value: 434,831
  • Low Value: 267,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $227,700
  • Market Land Value: $76,800
  • Market Improvement Value: $150,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,700
  • Assessed Land Value: $76,800
  • Assessed Improvements Value: $150,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11766387195
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020022741

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

About Mercer



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Frequently Asked Questions

What neighborhood is 516 Walker Avenue located in?
The 516 Walker Avenue is a house located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 516 Walker Avenue?
The average sales price for units in 516 Walker Avenue is $0 currently.

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