NOT LISTED FOR SALE

14 Laytons Lake Dr Penns Grove, NJ 08069

Estimated Value: $355,000 - $552,000

5 Beds
3.5 Baths
3,186 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $21,000 $7 Per Sq Ft

Est. 2,262% increase in value since last sale

Current estimated payment $3,833/month

47 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 1 Car Attached Garage
  • Contemporary Architecture
  • Fireplace
  • 90% Forced Air Heating and Cooling System

About This Home

As of July 2020

Welcome home to 14 Laytons Lake!!! This amazing 5 bed, 3.5 bath lake front property has been recently updated and with some more TLC it will be ready for its new owner. Yup, thats right... lake front. Enjoy the beautiful views. The home is also equipped with a huge, eat in kitchen, large family room, and much, much more. Make your appointments to day. No flood insurance required. Home is being sold as-is, where is and is priced well below market value.

Last Agent to Sell the Property

Michael Mazur

Compass Listed on: 04/09/2020

Compass

Last Buyer's Agent

William B. Spinner

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985 | Remodeled in 2019

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 209.00 x 158.00
  • Waterfront

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 3,186 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Water Access
  • Property is near a lake

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association
  • Laytons Lake Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 02-00236-00005

Home Details

Home Type

Single Family

Year Built

Built in 1985 | Remodeled in 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Year Renovated: 2019
  • Remarks Public: Welcome home to 14 Laytons Lake!!! This amazing 5 bed, 3.5 bath lake front property has been recently updated and with some more TLC it will be ready for its new owner. Yup, thats right... lake front. Enjoy the beautiful views. The home is also equipped with a huge, eat in kitchen, large family room, and much, much more. Make your appointments to day. No flood insurance required. Home is being sold as-is, where is and is priced well below market value.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3186
  • Living Area Sq Ft: 3186
  • Price Per Sq Ft: 75.30
  • Above Grade Finished Sq Ft: 3186
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • 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: Oil
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 273400.00
  • Land Assessed Value: 74200.00
  • Lot Size Acres: 0.76
  • Lot Dimensions: 209.00 x 158.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33022.00
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2193121
  • Tax Annual Amount: 11732.00
  • Assessor Parcel Number: 02-00236-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 3186
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/16/2020

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Burns Jason T
Bought by
Gallo Ryan M and Chase Kristine M
Total Days on Market
47
Current Estimated Value
$495,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,545
Outstanding Balance
$367,554
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$215,486

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jul 13, 2020
Sold by
Piraino Antonino A
Bought by
Burns Jason T and Chase Heather
Seller's Agent
Michael Mazur
Compass
Buyer's Agent
William B. Spinner
Real Broker, LLC
List Price
$244,900
Sold Price
$21,000
Premium/Discount to List
-$223,900
-91.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.06%
Original Mortgage
$199,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Lucrative Rei Llc
Bought by
Piraino Antonino A

Purchase Details

Closed on
Jan 17, 2018
Sold by
Miller Charles M
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Dec 22, 2017
Sold by
Miller Charles M
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
May 9, 1997
Sold by
Verdecchio Ricardo J and Verdecchio Lois A
Bought by
Garbini Jonathan J and Gerber Judith V

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
7.12%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Dwyer Patrick A and Dwyer Thelma B
Bought by
Verdecchio Ricardo J and Verdecchio Lois A

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
7.12%
Source: Public Records

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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
Gallo Ryan M $448,000 Surety Title
Burns Jason T $210,000 Surety Title Company Llc
Piraino Antonino A -- Skyline Abstract Inc
Bank Of New York Mellon -- --
Bank Of New York Mellon -- --
Garbini Jonathan J $146,000 West Jersey Title Agency
Verdecchio Ricardo J $105,000 New Jersey Realty Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Ryan M $113,439
Open Gallo Ryan M $380,545
Previous Owner Burns Jason T $199,500
Previous Owner Lucrative Rei Llc $135,000
Previous Owner Garbini Jonathan J $1,120,000
Previous Owner Garbini Jonathan J $81,250
Previous Owner Garbini Jonathan J $332,000
Previous Owner Garbini Jonathan J $251,000
Previous Owner Garbini Jonathan J $251,000
Previous Owner Garbini Jonathan J $135,000
Previous Owner Verdecchio Ricardo J $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $21,000 -91.2% $7 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $239,900 -2.0% $75 / Sq Ft
04/09/2020 04/09/20 For Sale $244,900 +211.0% $77 / Sq Ft
03/25/2019 03/25/19 Sold $78,750 0.0% $23 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/21/2019 02/21/19 Off Market $78,750 -- --
01/22/2019 01/22/19 For Sale $124,900 0.0% $36 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $124,900 -21.9% $36 / Sq Ft
10/05/2018 10/05/18 Price Changed $159,900 -20.0% $47 / Sq Ft
09/27/2018 09/27/18 For Sale $199,900 -- $58 / 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 $12,709 $357,000 $74,200 $282,800
2023 $12,709 $357,000 $74,200 $282,800
2022 $11,370 $339,400 $74,200 $265,200
2021 $10,044 $339,400 $74,200 $265,200
2020 $11,634 $347,600 $74,200 $273,400
2019 $11,732 $347,600 $74,200 $273,400
2018 $12,706 $403,500 $84,600 $318,900
2017 $11,847 $403,500 $84,600 $318,900
2016 $13,078 $462,300 $91,600 $370,700
2015 $12,468 $462,300 $91,600 $370,700
2014 $11,803 $462,300 $91,600 $370,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA137810

Bright MLS

APN: 02-00236-0000-00005