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551 Snowden Lane

551 Snowden Lane, Princeton, NJ 08540
Property in Mercer
Sold Feb 27, 2017
$1,112,000
$500,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2047
Sold Sep 19, 2006
$1,350,000
$675,000 by Wells Fargo Bank
Mortgage
Local assessors in Princeton, NJ have categorized 551 Snowden Lane as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 89,298 square feet. If we look only at the heated or air conditioned part of the building, then 551 Snowden Lane has a total of 3,689 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 551 Snowden Lane sold most recently in Feb 17, 2017 for a total of $1,112,000. If you work out the math, that's approximately a cost of $301.44 per sqft. Before that, the property was also sold for $1,350,000 in Jun 12, 2006. 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 $27,453 in taxes each year. 551 Snowden Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,125,600. If we break it down further, the land itself was valued at $407,000. Improvements to the property, however, were assessed at a total of $718,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 89,298
  • Total Building Area: 3,689
  • Building Area: 3,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,689
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOROUGH OF PRINCETON
  • Land Acres: 2.05
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WONG SCOTT
  • Current Owner 2: WONG PORTIA
  • Previous Owner : BAXTER THOMAS
  • Previous Owner 2: BAXTER ELIZABETH
  • Owner Before Previous Owner: SOUTER SYDNEY

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004201

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 45
  • Account Number: 00002210
  • District: 14
  • Parcel: 14 04503-0000-00003
  • Block: 4503
  • Lot: 3
  • Municipality: PRINCETON
  • Latitude: 40.373
  • Longitude: -74.6383

    Address

  • Full Address: 551 Snowden Ln
  • Address - House Number: 551
  • Address - Street Name: Snowden
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C034
  • 4-Digit Zip Code: 3660
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $27,453

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Oct 12, 2022
  • Confidence Score: 79
  • Final Value: 1,602,152
  • High Value: 1,864,366
  • Low Value: 1,339,938

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $978,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 27, 2017
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Mar 01, 2047
  • Second Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • Second Open Lien Mortgage Recording Date: Jan 21, 2021
  • Second Open Lien Mortgage Loan Amount: $478,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $1,125,600
  • Market Land Value: $407,000
  • Market Improvement Value: $718,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,125,600
  • Assessed Land Value: $407,000
  • Assessed Improvements Value: $718,600

    Sales

  • Current Sale Contract Date: Feb 17, 2017
  • Current Sale Recording Date: Feb 27, 2017
  • Current Sale Transaction ID: 1811831142
  • Current Sale Price: $1,112,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017009805
  • Previous Sale Recording Date: Sep 19, 2006
  • Previous Sale Contract Date: Jun 12, 2006
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 27, 2017
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Sep 19, 2006
  • Previous Mortgage Loan Amount: $675,000

About Mercer



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Frequently Asked Questions

What neighborhood is 551 Snowden Lane located in?
The 551 Snowden Lane is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 551 Snowden Lane?
The average sales price for units in 551 Snowden Lane is $0 currently.

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