$115,000
SOLD MAR 24, 2016

12 Corson St Rio Grande, NJ 08242

3 Beds
2 Baths
2,012 Sq Ft
0.62 Acres

Recently Sold

$57 Per Sq Ft

20 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Wood Burning Fireplace
  • Middle Township Elementary No. 1 Rated A-
  • Brick Front

About This Home

As of August 2017

Sprawling 3 bedroom 2 bath Rancher situated on an oversized corner. This property offers a lot, but will need repairs. The home is ideally located within just a few minutes from Supermarkets, Hardware Stores and a short drive to the Wildwood Beaches.

Last Agent to Sell the Property

Ksenia Augsberger

COASTAL ELITE REALTY License #1007498 Listed on: 02/03/2016

COASTAL ELITE REALTY

Co-Listed By

Edward Augsberger

COASTAL ELITE REALTY License #0338089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Front

Interior Spaces

  • Wood Burning Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 7 / 1442

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 06-Middle Township
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Fireplace- Wood
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Other Rooms: Living Room, Kitchen

Exterior Features

  • Exterior: Brick Face

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached

Utilities

  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 7
  • Lot Size: 180X150
  • Lot Size Range: 1/4 to 1 Acre

Tax Info

  • Tax Database Id: 1
  • Taxes: > 3862.25
  • Assessor Parcel Number: 06014420000000070000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Aug 14, 2017
Sold by
Davis Eric
Bought by
Palumbo Jeremy C and Palumbo Danielle N
Seller's Agent
Michael Riccardi
M Riccardi Agency Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$249,900
Sold Price
$242,000
Premium/Discount to List
-$7,900
-3.16%
Current Estimated Value
$445,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,887
Avg. Annual Appreciation
7.97%
Original Mortgage
$237,616
Outstanding Balance
$198,103
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$247,784

Purchase Details

Closed on
Oct 27, 2015
Sold by
Sharp Carol L Irving
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 23, 2007
Sold by
Irving Sharp Carol L and Irving William D
Bought by
Irving Sharp Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.14%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Sharp Carol L and Irving Sharp Carol L
Bought by
Irving Sharp Carol L and Irving William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Carleo Louis
Bought by
Sharp David W and Sharp Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.05%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Beasley Leonard Ray
Bought by
Carleo Louis and Carleo Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.84%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $242,000 Infinity Title Agency
Sheriffs Deed $290,036 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic National Title
Deed $125,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $237,616 FHA
Previous Owner $465,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $110,000 New Conventional
Previous Owner $119,000 No Value Available
Previous Owner $133,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $242,000 -3.2% $140 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $249,900 0.0% $144 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $249,900 +117.3% $144 / Sq Ft
03/24/2016 03/24/16 Sold $115,000 0.0% $57 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $115,000 -- $57 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,104 $236,500 $126,700 $109,800
2024 $5,104 $236,500 $126,700 $109,800
2023 $4,952 $236,500 $126,700 $109,800
2022 $4,801 $236,500 $126,700 $109,800
2021 $4,687 $236,500 $126,700 $109,800
2020 $4,590 $236,500 $126,700 $109,800
2019 $4,470 $236,500 $126,700 $109,800
2018 $4,389 $236,500 $126,700 $109,800
2017 $4,017 $220,700 $126,700 $94,000
2016 $3,891 $220,700 $126,700 $94,000
2015 $3,862 $220,700 $126,700 $94,000
2014 $3,836 $220,700 $126,700 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Riccardi

    Seller's Agent in 2017

    Michael Riccardi

    M Riccardi Agency Inc

    (215) 353-0492

    23 Total Sales

    Section Image

  • d

    Buyer's Agent in 2017

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image

  • K

    Seller's Agent in 2016

    Ksenia Augsberger

    COASTAL ELITE REALTY

    (609) 523-1112

    14 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    14 in this area

    151 Total Sales

    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 168280

Cape May County Association of REALTORS®

APN: 06-01442-0000-00007

New Jersey Cape May County Rio Grande 08242

12 Corson St, Rio Grande, NJ

This home is located at 12 Corson St, Rio Grande, NJ 08242 and is currently priced at $115,000, approximately $57 per square foot. 12 Corson St is a home located in Cape May County with nearby schools including Middle Township Elementary No. 1, Middle Township Elementary No. 2, and Middle Township Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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