109 Village Lane

Local assessors in Mount Laurel, NJ have categorized 109 Village Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 643 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 109 Village Lane has a total of 858 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, 109 Village Lane sold most recently in May 24, 2018 for a total of $110,000. If you work out the math, that's approximately a cost of $128.21 per sqft. Before that, the property was also sold for $85,000 in Dec 6, 2013. 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 $2,356 in taxes each year. 109 Village Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $77,800. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $52,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.