NOT LISTED FOR SALE

1027 Terns Landing Rd Elmer, NJ 08318

Estimated Value: $373,000 - $438,000

3 Beds
2.5 Baths
1,892 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $230,000 $122 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,930/month

Highlights

  • Colonial Architecture
  • Tennis Courts
  • Living Room
  • Community Pool
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of August 2020

Ready for a quick settlement. Don't miss this opportunity to own a beautifully kept 3 bedroom, 2.5 bath center hall colonial in desirable Palatine Lake featuring hardwood flooring in foyer, formal living room and dining room with crown molding. The huge eat in kitchen with brand NEWER GRANITE counters offers plenty of counter and cabinet space, hardwood flooring that opens to inviting family room complete with wood burning fireplace! Central air and gas heat. Replacement vinyl tilt in windows throughout and newer sliding glass doors leading to the over-sized rear patio and massive back yard. Full finished basement with separate finished room that can be used for any number of things including gym, home office, study. Highly regarded school district. The Palatine Lakes Association offers tennis and basketball courts, swimming pool and stunning lake with tranquil picnic areas! EASY commute to Wilmington, Philadelphia, all shore points and Cherry Hill! This home qualifies for USDA 100% financing to qualified buyers.

Last Agent to Sell the Property

Beth Sawyer

(856) 725-5215 bethsawyerhomes@gmail.com Sawyer Realty Group, LLC License #9588638 Listed on: 09/26/2019

Last Buyer's Agent

Teal Levick

(609) 774-6891 teal@exithomepros.com Tealestate LLC License #1538939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,341

Year Built

  • Built in 1985

Lot Details

  • 0.5 Acre Lot

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,892 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Private Sewer

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 11-01514-00028

Community Details

Overview

  • Palatine Lake Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,341

Year Built

Built in 1985

Lot Details

0

HOA Fees

$45 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer & refrigerator in laundry room.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Ready for a quick settlement. Don't miss this opportunity to own a beautifully kept 3 bedroom, 2.5 bath center hall colonial in desirable Palatine Lake featuring hardwood flooring in foyer, formal living room and dining room with crown molding. The huge eat in kitchen with brand NEWER GRANITE counters offers plenty of counter and cabinet space, hardwood flooring that opens to inviting family room complete with wood burning fireplace! Central air and gas heat. Replacement vinyl tilt in windows throughout and newer sliding glass doors leading to the over-sized rear patio and massive back yard. Full finished basement with separate finished room that can be used for any number of things including gym, home office, study. Highly regarded school district. The Palatine Lakes Association offers tennis and basketball courts, swimming pool and stunning lake with tranquil picnic areas! EASY commute to Wilmington, Philadelphia, all shore points and Cherry Hill! This home qualifies for USDA 100% financing to qualified buyers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1892
  • Living Area Sq Ft: 1892
  • Price Per Sq Ft: 118.92
  • Above Grade Finished Sq Ft: 1892
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1027

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 136.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396396
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 158500.00
  • Land Assessed Value: 65000.00
  • Lot Size Acres: 0.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2211824
  • Tax Annual Amount: 8341.00
  • Assessor Parcel Number: 11-01514-00028
  • Tax Lot: 00028
  • Tax Total Finished Sq Ft: 1892
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 08/07/2020

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Aug 7, 2020
Sold by
Hayes Bruce W and Hayes Toni L
Bought by
Santiago Angel Manuel and Santiago Kourtney Alyse
Seller's Agent
Beth Sawyer
Sawyer Realty Group, LLC
Buyer's Agent
Teal Levick
Tealestate LLC
List Price
$239,990
Sold Price
$230,000
Premium/Discount to List
-$9,990
-4.16%
Current Estimated Value
$395,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,690
Avg. Annual Appreciation
11.13%
Original Mortgage
$225,834
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 19, 2017
Closed on
Oct 31, 2017
Sold by
Foster Thomas J and Foster Patricia J
Bought by
Hayes Bruce W and Hayes Toni L
Seller's Agent
Nancy Casey
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Beth Sawyer
Sawyer Realty Group, LLC
List Price
$214,000
Sold Price
$209,000
Premium/Discount to List
-$5,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Jun 30, 1988
Bought by
Foster Thomas J and Foster Patricia J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Santiago Angel Manuel $230,000 Landis Title Llc
Hayes Bruce W $209,000 --
Foster Thomas J $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Angel Manuel $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $230,000 +2.2% $122 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
12/05/2019 12/05/19 Price Changed $224,990 -2.2% $119 / Sq Ft
10/18/2019 10/18/19 Price Changed $229,990 -4.2% $122 / Sq Ft
09/26/2019 09/26/19 For Sale $239,990 +14.8% $127 / Sq Ft
10/31/2017 10/31/17 Sold $209,000 -2.3% --
09/23/2017 09/23/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $214,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $9,550 $223,500 $65,000 $158,500
2024 $9,092 $223,500 $65,000 $158,500
2023 $9,092 $223,500 $65,000 $158,500
2022 $8,974 $223,500 $65,000 $158,500
2021 $8,725 $223,500 $65,000 $158,500
2020 $8,484 $223,500 $65,000 $158,500
2019 $8,341 $223,500 $65,000 $158,500
2018 $8,156 $223,500 $65,000 $158,500
2017 $7,843 $223,500 $65,000 $158,500
2016 $7,451 $223,500 $65,000 $158,500
2015 $7,101 $223,500 $65,000 $158,500
2014 $6,806 $223,500 $65,000 $158,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA135846

Bright MLS

APN: 11-01514-0000-00028