Sold Jul 01, 2021
$430,000
$387,000
by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051
20 Lynn Drive has been categorized by the local assessors in Andover, NJ as a residential type of property.
The building on the property was first built in 1985 and is 39 years old.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 20 Lynn Drive has 2,278 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 24,132 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 frame control joints. 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, 20 Lynn Drive sold most recently in May 14, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $188.76 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 $12,279 in taxes each year. 20 Lynn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $326,400. If we break it down further, the land itself was valued at $86,900. Improvements to the property, however, were assessed at a total of $239,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 frame control joints. 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, 20 Lynn Drive sold most recently in May 14, 2021 for a total of $430,000. If you work out the math, that's approximately a cost of $188.76 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 $12,279 in taxes each year. 20 Lynn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $326,400. If we break it down further, the land itself was valued at $86,900. Improvements to the property, however, were assessed at a total of $239,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
20 Lynn Drive, Andover, NJ 07821
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