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241 Mt Lucas Road

241 Mt Lucas Road, Princeton, NJ 08540
Property in Mercer
Sold Feb 01, 2017
$368,888
$331,999 by Homebridge Financial Services
Mortgage Due Feb 01, 2047
Sold Dec 24, 2014
$270,000
$216,000 by Princeton Mortgage Corp
Mortgage Due Jan 01, 2045
Local assessors in Princeton, NJ have categorized 241 Mt Lucas Road as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 10,890 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 241 Mt Lucas Road has a total of 1,046 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 241 Mt Lucas Road sold most recently in Jan 6, 2017 for a total of $368,888. If you work out the math, that's approximately a cost of $352.67 per sqft. Before that, the property was also sold for $270,000 in Dec 22, 2014. 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 $6,693 in taxes each year. 241 Mt Lucas Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $275,200. If we break it down further, the land itself was valued at $210,000. Improvements to the property, however, were assessed at a total of $65,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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

Condition

Level Lot

Building Style

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HSIEH CHING SHAN
  • Current Owner 2: SU HENRY H
  • Previous Owner : GRIM NICHOLAS A
  • Previous Owner 2: FARRUGIA JOANNE
  • Owner Before Previous Owner: BANAS MESON J

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004206

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 54
  • Account Number: 00003410
  • District: 14
  • Parcel: 14 05408-0000-00012- 01
  • Block: 5408
  • Lot: 12.01
  • Municipality: PRINCETON
  • Latitude: 40.3689
  • Longitude: -74.6605

    Address

  • Full Address: 241 Mount Lucas Rd
  • Address - House Number: 241
  • Address - Street Name: Mount Lucas
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C010
  • 4-Digit Zip Code: 2714
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,693

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 77
  • Final Value: 504,094
  • High Value: 593,313
  • Low Value: 414,876

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,999
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Feb 01, 2017
  • First Open Lien Mortgage Loan Amount: $331,999
  • 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: Feb 01, 2047

    Market Valuation

  • Market Total Value: $275,200
  • Market Land Value: $210,000
  • Market Improvement Value: $65,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,200
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $65,200

    Sales

  • Current Sale Contract Date: Jan 06, 2017
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Transaction ID: 1812064900
  • Current Sale Price: $368,888
  • Current Sale Document Type: Transfer on Death Deed
  • Current Sale Input Document Number: 2017004680
  • Previous Sale Recording Date: Dec 24, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Feb 01, 2017
  • First Mortgage Loan Amount: $331,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PRINCETON MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 24, 2014
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Mercer



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Frequently Asked Questions

What neighborhood is 241 Mt Lucas Road located in?
The 241 Mt Lucas Road is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 241 Mt Lucas Road?
The average sales price for units in 241 Mt Lucas Road is $0 currently.

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