NOT LISTED FOR SALE

116 E Olive St Westville, NJ 08093

Estimated Value: $359,000 - $400,000

5 Beds
2 Baths
2,438 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $221,300 $91 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,845/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Wood Burning Stove
  • Workshop
  • Double Oven

About This Home

As of November 2020

A Rare opportunity to purchase a well built custom brick home with 2400 sq feet and a property 225 foot deep. So many possibilities. Subdivide the ground and build another home, family, parents living behind you. or have your own garden or perfect for a pool. There are 3 sheds in the yard, an entrance from back street if need be and fenced in. Just some updates on the home to make it perfect. Brand new roof, 1 month old and only 2 year old hot water heater. Full basement with wood stove and outside entrance. 5 bedrooms 2 full baths, wall brick fireplace in living room. Custom moldings, great bones to this home, so much sq footage and ground you cant pass up this opportunity. Property being sold "As-Is" Seller will obtain CO, Call for your appointment today.

Last Agent to Sell the Property

Kenneth Zane

(856) 848-6601 kenzane@harvestrealty.com Harvest Realty License #SB065655 Listed on: 09/10/2020

Last Buyer's Agent

Vincent Capriotti

(609) 923-1065 Properties@TheCapriottiGroup.com Prime Realty Partners License #1753769

Prime Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,312

Year Built

  • Built in 1959

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 75.00 x 266.00
  • Property is Fully Fenced
  • Property is in average condition

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Off-Site Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,438 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Mantel
  • Brick Fireplace
  • Awning
  • Living Room
  • Combination Kitchen and Dining Room
  • Alarm System

Kitchen

  • Double Oven
  • Cooktop

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Workshop
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00022
  • Assessor Parcel Number 21-00083-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,312

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: All personal property and flag post out front
  • Home Warranty: No
  • Inclusions: Refrigerator, Gas top stove, double gas stoves, Washer and Dryer, wood stove in basement
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-09-26
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Double, Refrigerator, Surface Unit, Dryer, Washer
  • Flooring Type: Hardwood, Carpet, Tile/Brick, Vinyl
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Wood Floors, Stove - Wood
  • Fireplace Features: Brick, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs, Workshop
  • Laundry Type: Basement
  • Total Sq Ft: 2438
  • Living Area Sq Ft: 2438
  • Price Per Sq Ft: 90.24
  • Above Grade Finished Sq Ft: 2438
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Exterior Features: Awning(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Site, Driveway, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 156300.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 75.00 x 266.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19950.00
  • Property Condition: Average
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2056343
  • Tax Annual Amount: 9312.00
  • Assessor Parcel Number: 21-00083-00022
  • Tax Lot: 00022
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: GATEWAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 30, 2020
Sold by
Andrews Raymond Robert
Bought by
Gatlos Michael J and Kelly Victoria L
Seller's Agent
Kenneth Zane
Harvest Realty
Buyer's Agent
Vincent Capriotti
Prime Realty Partners
List Price
$220,000
Sold Price
$221,300
Premium/Discount to List
$1,300
0.59%
Current Estimated Value
$370,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,594
Avg. Annual Appreciation
10.88%
Original Mortgage
$210,235
Outstanding Balance
$187,079
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$183,815
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gatlos Michael J $221,300 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatlos Michael J $210,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $221,300 +0.6% $91 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $220,000 -- $90 / Sq Ft
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 $10,795 $198,400 $40,000 $158,400
2024 $10,450 $198,400 $40,000 $158,400
2023 $10,450 $198,400 $40,000 $158,400
2022 $10,150 $198,400 $40,000 $158,400
2021 $9,862 $196,300 $40,000 $156,300
2020 $9,564 $196,300 $40,000 $156,300
2019 $9,312 $196,300 $40,000 $156,300
2018 $8,910 $196,300 $40,000 $156,300
2017 $9,152 $196,300 $40,000 $156,300
2016 $8,849 $196,300 $40,000 $156,300
2015 $8,453 $196,300 $40,000 $156,300
2014 $8,279 $222,800 $47,600 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL264274

Bright MLS

APN: 21-00083-0000-00022