NOT LISTED FOR SALE

18 Morris Ln Cranbury, NJ 08512

Estimated Value: $697,986 - $838,000

3 Beds
3 Baths
2,152 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2017

Last sale price $490,000 $228 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,204 / mo

About This Home

Do not miss this unique opportunity to purchase a 2016 newly constructed home in the sought after community of The Oaks at Cranbury ? which are all sold out! This is conveniently located across the road from the Park and Ride that commutes to NYC, Exit 8A of the Turnpike and Route 130 corridor. This lovely Albright II Model epitomizes the luxury living spaces that K.Hovnanian is known for which includes the large combination family living area ? ideal for large gatherings and entertaining. Sunlit from an abundance of large windows this beautifully maintained unit features hardwood flooring through the first level with a magnificent chandelier as a focal point in the foyer. The designer kitchen offers handsome granite counter tops, stainless steel appliances, a tiled back splash and plenty of 42 inch cabinets. Upstairs are three roomy bedrooms including the master with his and her walk-in closets and full luxury bath with double vanity. A large loft/2nd family area and laundry room complete this level. Enjoy the on-site community amenities which include a clubhouse and outdoor pool.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 22, 2017
Sold by
Qu Fan and Lin Yueyun
Bought by
Qu Fan and Lin Yueyun
Seller's Agent
MARY DOWDELL-JEFFRIES
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$539,000
Sold Price
$490,000
Premium/Discount to List
-$49,000
-9.09%
Current Estimated Value
$770,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,747
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Jun 10, 2016
Sold by
K Hovnanian At South Brunswikc Iii Llc
Bought by
Lin Yueyun and Qu Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,100
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Qu Fan $490,000 Foundation Title Llc
Lin Yueyun $471,408 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Yueyun $377,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2017 11/28/17 Sold $490,000 -9.1% $235 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $539,000 -- $258 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,664 $197,400 $60,000 $137,400
2024 $10,281 $197,400 $60,000 $137,400
2023 $10,281 $197,400 $60,000 $137,400
2022 $10,121 $200,300 $41,000 $159,300
2021 $10,081 $200,300 $41,000 $159,300
2020 $10,183 $200,300 $41,000 $159,300
2019 $10,275 $200,300 $41,000 $159,300
2018 $9,939 $200,300 $41,000 $159,300
2017 $9,925 $200,300 $41,000 $159,300
2016 $2,010 $41,000 $41,000 $0
2015 $1,949 $41,000 $41,000 $0
Source: Public Records

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