NOT LISTED FOR SALE

148 E Olive St Westville, NJ 08093

Estimated Value: $245,000 - $279,000

3 Beds
1 Bath
1,416 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $115,000 $81 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,855/month

29 Days on Market

Highlights

  • Cape Cod Architecture
  • Bonus Room
  • 1 Car Detached Garage
  • Attic
  • No HOA
  • Living Room

About This Home

As of May 2019

Now available 1/21/19. HUD #351-676880 is now on the market at todays incredible price of only $118,,000 for owner occupant buyers for the first 15 days. Bid deadline is 1/30/19 at 11:59PM C.T then daily thereafter until sold. Owner occupants may now use the $100 DOWN FHA-203K PROGRAM. All investors may get involved day 16 if available . All bids will be opened & reviewed. Fantastic new offering with low taxes. HUD owned home in the great little town (2010 census POPULATION ABOUT 4288) of WESTFIELD, NJ. The Borough of WESTVILLE is known as "GATEWAY TO SOUTH JERSEY" This super condition SINGLE CAPE COD HOME is classified as IE-insured with escrow repairs- -FHA 203-K eligible. 3 bedrooms + 1 bathroom per FHA appraisal. $100 down re-hab MORTGAGES ARE AVAILABLE TO QUALIFIED BUYERS with $100 down payment + closing costs. This property will sell quickly to the highest acceptable bidder. Property being sold 100% AS IS. No exceptions."EQUAL HOUSING OPPORTUNITY" Mortgage buyers must have a written pre-approval from a recognized lender prior to placing any bid. All cash buyers or conventional mortgages are welcome from those who qualify. HUD does NOT pay any transfer taxes, city C/O's or VPR's. All at buyers expense. HUD is not involved in any grants or first time buyer programs. Keep in mind, high net bid wins and everyone else loses. For Qualified Buyers there is $100 down payment program on HUD Homes financed with FHA-insured financing to qualified buyers. "AS-IS" policy on all HUD OWNED HOMES. Sold by electronic bid only. See hudhomestore. com. Buyer to verify all information. Please refer to the attached BLB Resources disclosures/addenda. VERY IMPORTANT TO READ. FHA 203K ELIGABLE. THIS IS NOT A MIS-PRINT. Without a doubt, one the best financing programs ever offered for FHA financing to qualified buyers. NEWS FLASH! Important! If you are currently renting, get out of that phone both size apartment & into this fantastic value in the Garden State. Less than an hours drive to the Jersey Beaches or New York City. Work in Philadelphia? A short drive to the Tacony-Palmyra, Betsy Ross or Burlington/Bristol Bridges connecting with I-95 & Bucks County. Work in Center City Philadelphia? Take the close by light rail that goes to Trenton & Camden with many stops along the way. Built in 1942 . LBP. 1416 SF. DON'T miss out on this opportunity to own a piece of the American Dream. Remember-HIGH NET BID WINS. NOT a fixer upper. This lovely home is in good condition according to the most recent FHA appraisal. Does need some repairs and cosmetics. The steal deal of the year! NO HOA's. Reasonable taxes. $5102. in 2018. You MUST READ the attached BLB Resources property disclosures prior to placing any bid!. All buyers are encouraged to obtain a home inspection at buyers expense after your contract is accepted by BLB RESOURCES. Full basement and public water & sewer. Some row and townhouses are selling for more money than this powerful single home. The borough was named for Thomas West, who built a home in the area in 1775 that still stands. In 1942, Franklin Delano Roosevelt was President, the average cost of a new home was $3,770, average wages were $1880 a year, a gallon of gas costs 15 cents, a bottle of Coke Cola was a nickel and the average cost of a new car was $920. WESTVILLE, NEW JERSEY will be a wonderful small town to reside in and only 10 miles to PHILADELPHIA and 84 miles to NEW YORK CITY. Opportunities for buying a bargain home in the great community of WESTVILLE are few and far between. Don't let this one get away. Bid deadline is January 30, 2019, at 11:59 PM-CT, then daily until SOLD. "Per the FHA appraisal, 1 full bathroom above grade"

Last Agent to Sell the Property

Ronald Rudolph

(856) 499-2163 pahudhomes@aol.com Century 21 Advantage Gold-Cherry Hill Listed on: 01/21/2019

Century 21 Advantage Gold-Cherry Hill

Co-Listed By

Hana Lapteff

(856) 499-2163 hlapteff@hotmail.com Century 21 Advantage Gold-Cherry Hill License #1650575

Last Buyer's Agent

Marytza Rodriguez

(856) 424-7758 jnaame@weichertrealtors.net Weichert Realtors-Cherry Hill License #1756065

Weichert Realtors-Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1942

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Property has 1.5 Levels
  • Gas Fireplace
  • Living Room
  • Bonus Room
  • Unfinished Basement
  • Laundry in Basement
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Non Available Subdivision

Listing and Financial Details

  • Tax Lot 00007 01
  • Assessor Parcel Number 21-00083-00007 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,102

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Levels Count: 1.5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Laundry, Bathroom 1, Attic, Bonus Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1416
  • Living Area Sq Ft: 1416
  • Price Per Sq Ft: 83.33
  • Above Grade Finished Sq Ft: 1416
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84300.00
  • Land Assessed Value: 28100.00
  • Lot Size Units: Square Feet
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2056327
  • Tax Annual Amount: 5102.00
  • Assessor Parcel Number: 21-00083-00007 01
  • Tax Lot: 00007 01
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: WESTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
May 1, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Perez Melissa A
Seller's Agent
Ronald Rudolph
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Marytza Rodriguez
Weichert Realtors-Cherry Hill
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%
Current Estimated Value
$258,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,531
Avg. Annual Appreciation
12.81%
Original Mortgage
$117,851
Outstanding Balance
$106,602
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$151,929

Purchase Details

Closed on
Aug 8, 2018
Sold by
Nations Lending Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 2, 2018
Sold by
Rosario Reingaldo and Velasquez Jane N
Bought by
Nations Lending Corp

Purchase Details

Closed on
Apr 24, 2015
Sold by
Demitrio Anthony
Bought by
Rosario Reinaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,456
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
May 27, 2014
Closed on
Oct 29, 2014
Sold by
U S Bank Na
Bought by
Demitrio Anthony
Seller's Agent
ROBERT CLEGG
Coldwell Banker Realty
Buyer's Agent
Conrad Kuhn
Weichert Realtors-Turnersville
List Price
$89,000
Sold Price
$64,000
Premium/Discount to List
-$25,000
-28.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Gloucester County Sheriff Of
Bought by
Us Bank

Purchase Details

Closed on
Jun 1, 2005
Sold by
Polo Carmine J and Polo Konni M A
Bought by
Polo Carmine J and Polo Konni M A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 21, 1999
Sold by
Neuffer Brian and Neuffer Karen
Bought by
Polo Carmine J and Kaliszewski Konni M A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1995
Sold by
Yurgin Edward
Bought by
Neuffer Brian and Neuffer Karen

Purchase Details

Closed on
Feb 25, 1994
Sold by
Daly William
Bought by
Yurgin Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Perez Melissa A $115,000 Sjs Title Llc
Secretary Of Housing & Urban Development -- None Available
Nations Lending Corp -- None Available
Rosario Reinaldo $134,900 Surety Title Co Llc
Demitrio Anthony $64,000 Attorney
Us Bank $100 --
Polo Carmine J -- --
Polo Carmine J $79,900 Congress Title Corp
Neuffer Brian $89,900 Medford Title Agency Inc
Yurgin Edward $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Melissa A $117,851
Previous Owner Rosario Reinaldo $132,456
Previous Owner Polo Carmine J $130,000
Previous Owner Polo Carmine J $79,200
Previous Owner Yurgin Edward $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2019 05/07/19 Sold $115,000 -2.5% $81 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $118,000 +84.4% $83 / Sq Ft
11/21/2014 11/21/14 Sold $64,000 -7.2% $39 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
09/29/2014 09/29/14 Price Changed $69,000 -6.8% $42 / Sq Ft
08/27/2014 08/27/14 Price Changed $74,000 -6.3% $45 / Sq Ft
07/29/2014 07/29/14 Price Changed $79,000 -6.0% $48 / Sq Ft
06/27/2014 06/27/14 Price Changed $84,000 -5.6% $51 / Sq Ft
05/27/2014 05/27/14 For Sale $89,000 -- $54 / Sq Ft
Source: Bright MLS

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 $6,116 $112,400 $28,100 $84,300
2024 $5,920 $112,400 $28,100 $84,300
2023 $5,920 $112,400 $28,100 $84,300
2022 $5,750 $112,400 $28,100 $84,300
2021 $5,647 $112,400 $28,100 $84,300
2020 $5,476 $112,400 $28,100 $84,300
2019 $5,332 $112,400 $28,100 $84,300
2018 $5,102 $112,400 $28,100 $84,300
2017 $5,240 $112,400 $28,100 $84,300
2016 $5,067 $112,400 $28,100 $84,300
2015 $4,840 $112,400 $28,100 $84,300
2014 $5,195 $139,800 $33,500 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL178748

Bright MLS

APN: 21-00083-0000-00007-01