NOT LISTED FOR SALE

117 Lisbon Ave Absecon, NJ 08201

Estimated Value: $422,000 - $428,000

2 Beds
1.5 Baths
1,416 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $310,000 $219 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,942/month

17 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • 1 Car Direct Access Garage
  • 0.85 Acre Lot
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of September 2021

A hidden gem at the end of Lisbon Ave near Faunce Landing boat launch. The landing offers unobstructed water access to Brigantine Inlet. Recent updates to include an inground pool and new AC. Beautiful landscaping and a lot that overlooks the marsh creates a backyard oasis waiting for your enjoyment. Newer kitchen with a Thermador gas range, recently painted with newer carpet on the second floor. Views of Atlantic City skyline from the large windows upstairs and a large sunroom overlooks the pool and expansive back yard. Two bedrooms on the second floor with a possible third bedroom/office on the first floor. Separate non-potable well for sprinkler system is in place. Private and secluded yet close to major shopping centers, transportation, Atlantic City, and the FAA Tech Center. Great opportunity to own this lovely home that has so much to offer.

Last Agent to Sell the Property

Kathryn Knoll

Little Pink Houses LLC License #0345780 Listed on: 07/23/2021

Last Buyer's Agent

Michelle Buckman

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1985

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 80.00 x 465.00
  • Property is zoned R2

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Emma C Attales Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Private Pool
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001 03
  • Assessor Parcel Number 01-00096-00001 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,267

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: A hidden gem at the end of Lisbon Ave near Faunce Landing boat launch. The landing offers unobstructed water access to Brigantine Inlet. Recent updates to include an inground pool and new AC. Beautiful landscaping and a lot that overlooks the marsh creates a backyard oasis waiting for your enjoyment. Newer kitchen with a Thermador gas range, recently painted with newer carpet on the second floor. Views of Atlantic City skyline from the large windows upstairs and a large sunroom overlooks the pool and expansive back yard. Two bedrooms on the second floor with a possible third bedroom/office on the first floor. Separate non-potable well for sprinkler system is in place. Private and secluded yet close to major shopping centers, transportation, Atlantic City, and the FAA Tech Center. Great opportunity to own this lovely home that has so much to offer.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 211.86
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Built In, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: ABSECON CITY SCHOOLS
  • Elementary School: EMMA C ATTALES SCHOOL
  • Middle School: EMMA C ATTALES SCHOOL
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396905
  • School District Source: Listing Agent
  • Elementary School: EMMA C ATTALES SCHOOL
  • Middle Or Junior School: EMMA C ATTALES SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 98100.00
  • Land Assessed Value: 91700.00
  • Lot Size Acres: 0.85
  • Lot Dimensions: 80.00 x 465.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37200.00
  • Year Assessed: 2020
  • Zoning: R2

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 3291198
  • Tax Annual Amount: 6267.00
  • Assessor Parcel Number: 01-00096-00001 03
  • Tax Lot: 00001 03
  • Tax Total Finished Sq Ft: 1416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/13/2021

MLS Schools

  • School District Name: ABSECON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 13, 2021
Sold by
Nelsen Michele and Dolgoff Steven J
Bought by
Anderson Tracy E
Seller's Agent
Kathryn Knoll
Little Pink Houses LLC
Buyer's Agent
Michelle Buckman
TTR Sotheby's International Realty
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Current Estimated Value
$420,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,220
Avg. Annual Appreciation
8.42%
Original Mortgage
$270,000
Outstanding Balance
$248,342
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,947

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 10, 2015
Sold by
Petsche Jennifer A
Bought by
Nelsen Michele and Dolgoff Steven J
Seller's Agent
ANNE DALZELL
BALSLEY/LOSCO
Buyer's Agent
MARY ANDERSON
BALSLEY/LOSCO
List Price
$198,900
Sold Price
$198,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$195,296
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2004
Sold by
Petsche James L and Petsche Jennifer A
Bought by
Petsche Jennifer A

Purchase Details

Closed on
Jun 11, 2004
Sold by
Miller William D and Miller Laurita T
Bought by
Petsche James L and Petsche Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Interest Rate
5.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Anderson Tracy E $310,000 Atlantic Shore Title Llc
Nelsen Michele $198,900 Attorney
Petsche Jennifer A -- --
Petsche James L $249,900 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Tracy E $270,000
Previous Owner Nelsen Michele $195,296
Previous Owner Petsche James L $187,425
Previous Owner Miller William D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $310,000 +3.3% $219 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/01/2021 08/01/21 Price Changed $299,999 -14.0% $212 / Sq Ft
07/23/2021 07/23/21 For Sale $349,000 +75.5% $246 / Sq Ft
11/07/2015 11/07/15 Sold $198,900 0.0% $140 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $198,900 -- $140 / 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
2024 $7,686 $229,700 $91,700 $138,000
2023 $7,594 $229,700 $91,700 $138,000
2022 $7,594 $229,700 $91,700 $138,000
2021 $6,256 $189,800 $91,700 $98,100
2020 $6,267 $189,800 $91,700 $98,100
2019 $6,222 $189,800 $91,700 $98,100
2018 $6,248 $189,800 $91,700 $98,100
2017 $6,203 $189,800 $91,700 $98,100
2016 $5,784 $182,100 $91,700 $90,400
2015 $5,709 $182,100 $91,700 $90,400
2014 $5,631 $182,100 $91,700 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2000528

Bright MLS

APN: 01-00096-0000-00001-03