NOT LISTED FOR SALE

124 Swedes Bridge Rd Salem, NJ 08079

Estimated Value: $440,182 - $734,000

3 Beds
1.5 Baths
-- Sq Ft
90.34 Acres

Last Sold October 02, 2015

Last sale price $405,000

Est. 38% increase in value since last sale

Current estimated payment $3,769/month

Highlights

  • 90.34 Acre Lot
  • Barn or Farm Building
  • Farmhouse Style Home
  • Mannington Township School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of October 2015

This is country living at its finest, folks! This beautiful farm consists of 93 preserved acres. There are 73 open, tillable acres, and twenty three acres of woods. Whether one fancies farming, or hunting, this is an ideal property! The three bedroom, one and a half bath farmhouse adds considerably to the charm of the property. Cast your worries aside, and move to picturesque Mannington Township. The property is convenient to Wilmington, DE (25 minutes), Philadelphia, PA (40 minutes) as well as Route 295, and the NJ Turnpike. Tax maps, and soils maps are on file.

Last Agent to Sell the Property

Andrew Ware

(609) 472-0256 andywarerealtor@gmail.com Real Broker, LLC Listed on: 10/17/2013

Real Broker, LLC

Last Buyer's Agent

Richard Warner

(856) 430-0072 rich@warnerrealtors.com Warner Real Estate & Auction Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 1914

Lot Details

  • 90.34 Acre Lot
  • Open Lot
  • Irregular Lot
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Schools

  • Salem High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Porch
  • Barn or Farm Building

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009-QFARM
  • Assessor Parcel Number 06-00040-00009-QFARM

Home Details

Home Type

Single Family

Est. Annual Taxes

$971

Year Built

Built in 1914

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: 3 Buildings In Pasture, 3-Car Detached Garage
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1914
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Main Floor

Beds/Baths

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

Exterior Features

  • Other Structures List: Barn/Farm Building
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: SALEM

Lot Info

  • Land Assessed Value: 39700.00
  • Lot Features: Irregular, Open
  • Lot Size Acres: 90.34
  • Lot Dimensions: 999,999
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3935210.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2197366
  • Tax Annual Amount: 971.00
  • Assessor Parcel Number: 06-00040-00009-QFARM
  • Tax Lot: 00009-QFARM
  • Tax Year: 2014

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Oct 2, 2015
Sold by
Mcmahon David R
Bought by
Salem Farms Llc
Seller's Agent
Andrew Ware
Real Broker, LLC
Buyer's Agent
Richard Warner
Warner Real Estate & Auction Company
List Price
$660,000
Sold Price
$405,000
Premium/Discount to List
-$255,000
-38.64%
Current Estimated Value
$557,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,061
Avg. Annual Appreciation
3.22%
Original Mortgage
$405,000
Outstanding Balance
$318,650
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
$238,411

Purchase Details

Closed on
Mar 15, 2002
Sold by
Hitchner Jay N and Hitchner Sandy L
Bought by
Mcmahon David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

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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
Salem Farms Llc $405,000 Continental Title Abstract C
Mcmahon David R $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Farms Llc $405,000
Previous Owner Mcmahon David R $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $405,000 0.0% --
05/22/2015 05/22/15 Off Market $405,000 -- --
05/21/2015 05/21/15 Pending -- -- --
04/01/2015 04/01/15 Price Changed $425,000 -15.0% --
02/25/2015 02/25/15 Price Changed $500,000 -21.9% --
01/20/2014 01/20/14 Price Changed $640,000 -3.0% --
10/17/2013 10/17/13 For Sale $660,000 -- --
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 $10,233 $294,300 $38,000 $256,300
2024 $10,159 $294,300 $38,000 $256,300
2023 $10,159 $294,300 $38,000 $256,300
2022 $9,971 $287,600 $38,000 $249,600
2021 $8,091 $285,600 $38,000 $247,600
2020 $9,082 $285,600 $38,000 $247,600
2019 $8,842 $285,600 $38,000 $247,600
2018 $8,366 $283,200 $38,000 $245,200
2017 $8,142 $283,200 $38,000 $245,200
2016 $7,729 $283,200 $38,000 $245,200
2015 $6,895 $283,200 $38,000 $245,200
2014 $6,674 $283,200 $38,000 $245,200
Source: Public Records

Agents Affiliated with this Home

  • Andrew Ware

    Seller's Agent in 2015

    Andrew Ware

    Real Broker, LLC

    (609) 472-0256

    84 Total Sales

    Andrew Ware
    Section Image
  • Richard Warner

    Buyer's Agent in 2015

    Richard Warner

    Warner Real Estate & Auction Company

    (856) 430-0072

    165 Total Sales

    Richard Warner
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003622554

Bright MLS

APN: 06-00040-0000-00009

New Jersey Salem County Salem 08079

124 Swedes Bridge Rd, Salem, NJ

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