NOT LISTED FOR SALE

124 Bay St Penns Grove, NJ 08069

Estimated Value: $205,611 - $250,000

3 Beds
1 Bath
1,049 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $170,000 $162 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,446/month

About This Home

Welcome to 124 Bay Street, a 3 bedroom home in Salem County with pride of ownership shining through from the moment you walk in. This property has been freshly painted and fitted with new flooring throughout, making it move-in ready for you! Enjoy the bright and inviting sunroom at the front of the house, perfect for welcoming guests.

Living here means that you don't need to rent - own your own home right here at an affordable price with low taxes! The living room is ideal for unwinding after a long day's work and the spacious kitchen makes meal prepping and entertaining a breeze. The laundry room also doubles as mudroom equipped with side entry to ensure easy access.

The backyard offers plenty of space to relax or play games while also providing ample area for four-legged friends to run around. Plus, this location is close to Route 295 so commutes are quick both north and south! Don't miss out on this adorable and affordable house - call us today for more information!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 17, 2023
Sold by
Ayares Cory D and Mathias Victoria
Bought by
Zakian Lindsey
Seller's Agent
Scott Kompa
EXP Realty, LLC
Buyer's Agent
SHANNON OBERMAN
Better Homes and Gardens Real Estate Maturo
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%
Views
118
Current Estimated Value
$217,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,653
Avg. Annual Appreciation
9.51%
Original Mortgage
$10,000
Interest Rate
2.5%

Purchase Details

Listed on
Oct 31, 2016
Closed on
Apr 6, 2017
Sold by
Franceschini Jonathan F and Franceschini Jacquelyn D
Bought by
Ayares Cory D
Seller's Agent
James Sullivan III
Century 21 Rauh & Johns
Buyer's Agent
Donna Scarfo
Dj Scarfo Realty Group
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$90,909
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Gellert Scott B
Bought by
Franceschini Jonathan

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
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Krivda Gerald and Krivda Andrea
Bought by
Gellert Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,200
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 8, 2004
Sold by
Jones W Clifford and Pierson Mary Ella Northam
Bought by
Krivda Gerald and Krivda Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Vongruenigen Dudley and Stewart Evelyn M
Bought by
Vongruenigen Dudley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zakian Lindsey $170,000 Old Republic Title
Zakian Lindsey $170,000 Old Republic Title
Ayares Cory D $90,000 Heritage Title & Abstract
Franceschini Jonathan $129,000 --
Francesechini Jonathan $129,000 Heritage Title & Abstract Ag
Gellert Scott B $116,000 --
Krivda Gerald $48,000 Intercoastal Title Agency In
Vongruenigen Dudley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zakian Lindsey $10,000
Open Zakian Lindsey $166,920
Closed Zakian Lindsey $166,920
Previous Owner Ayares Cory D $90,909
Previous Owner Francesechini Jonathan $110,000
Previous Owner Gellert Scott B $23,200
Previous Owner Gellert Scott B $92,800
Previous Owner Krivda Gerald $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $170,000 +0.6% $162 / Sq Ft View Prior Sale
02/06/2023 02/06/23 For Sale $169,000 -0.6% $161 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 Off Market $170,000 -- --
01/31/2023 01/31/23 Price Changed $169,000 -6.1% $161 / Sq Ft
01/23/2023 01/23/23 For Sale $180,000 +100.0% $172 / Sq Ft
03/17/2017 03/17/17 Sold $90,000 -5.3% $86 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $95,000 -- $91 / Sq Ft

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 $3,654 $186,500 $40,000 $146,500
2024 $3,528 $99,100 $37,000 $62,100
2023 $3,528 $99,100 $37,000 $62,100
2022 $3,320 $99,100 $37,000 $62,100
2021 $3,288 $99,100 $37,000 $62,100
2020 $3,317 $99,100 $37,000 $62,100
2019 $3,345 $99,100 $37,000 $62,100
2018 $3,281 $104,200 $39,100 $65,100
2017 $3,265 $111,200 $46,100 $65,100
2016 $3,146 $111,200 $46,100 $65,100
2015 $3,517 $130,400 $46,100 $84,300
2014 $3,329 $130,400 $46,100 $84,300
Source: Public Records

Agents Affiliated with this Home

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