Seller's Agent in 2020
Joe DeLorenzo
RE/MAX
(609) 635-0714
51 in this area
156 Total Sales
16 Rossa Ave Lawrence Township, NJ 08648
Estimated Value: $382,717 - $442,000
--
Bed
--
Bath
1,128
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating System
- Lawrence High School Rated A-
- Ceramic Tile Flooring
About This Home
As of July 2020Beautifully remodeled money maker! This is a rare find in Lawrence! Magnificent duplex situated in Lawrence offers a gorgeous 2 bedroom cape-style home with a gourmet kitchen and a full basement on an annual lease for $1825. The other unit is a lovely efficiency also on an annual lease for $825. Both units are occupied.
Last Agent to Sell the Property
(609) 635-0714 joe@joedhomes.com RE/MAX of Princeton License #9483422 Listed on: 04/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,386
Year Built
- Built in 1950
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
- Property is in good condition
Home Design
- Duplex
- Cape Cod Architecture
- Frame Construction
Interior Spaces
- 1,128 Sq Ft Home
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Parking
- Driveway
- On-Street Parking
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- The owner pays for sewer, water
- Tax Lot 00022
- Assessor Parcel Number 07-02312-00022
Community Details
Overview
- No Home Owners Association
- 2 Units
- 2-Story Building
Building Details
- Income includes apartment rentals
- Insurance Expense $800
- Operating Expense $1,400
- Gross Income $31,800
- Net Operating Income $22,624
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2020
Closed on
Jul 27, 2020
Sold by
Mostyn Patrick J and Mostyn Anna
Bought by
Brantley Stephanie and Brantley Harold
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Mary Ann York
Century 21 Gold Key Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,929
Avg. Annual Appreciation
8.25%
Original Mortgage
$206,250
Outstanding Balance
$183,296
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$232,633
Purchase Details
Closed on
Aug 25, 2017
Sold by
Mostyn Patrick J
Bought by
Mostyn Patrick J and Mostyn Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
3.86%
Mortgage Type
VA
Purchase Details
Listed on
Nov 16, 2013
Closed on
Oct 8, 2014
Sold by
Pearson Worsdell K and Pearson Marcia M
Bought by
Mostyn Patrick J
Seller's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$205,000
Sold Price
$165,000
Premium/Discount to List
-$40,000
-19.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$6,480
Interest Rate
4.18%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brantley Stephanie | $275,000 | Group 21 Title Agency Llc | |
| Mostyn Patrick J | -- | None Available | |
| Mostyn Patrick J | $165,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brantley Stephanie | $206,250 | |
| Previous Owner | Mostyn Patrick J | $230,400 | |
| Previous Owner | Mostyn Patrick J | $6,480 | |
| Previous Owner | Mostyn Patrick J | $162,011 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $275,000 | 0.0% | $244 / Sq Ft | |
| 05/15/2020 05/15/20 | Pending | -- | -- | -- | |
| 04/28/2020 04/28/20 | For Sale | $275,000 | +66.7% | $244 / Sq Ft | |
| 10/27/2014 10/27/14 | Sold | $165,000 | -19.5% | $156 / Sq Ft | View Prior Sale |
| 07/08/2014 07/08/14 | Pending | -- | -- | -- | |
| 11/16/2013 11/16/13 | For Sale | $205,000 | -- | $194 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,824 | $188,000 | $82,500 | $105,500 |
| 2024 | $5,708 | $188,000 | $82,500 | $105,500 |
| 2023 | $5,708 | $188,000 | $82,500 | $105,500 |
| 2022 | $5,604 | $188,000 | $82,500 | $105,500 |
| 2021 | $5,533 | $188,000 | $82,500 | $105,500 |
| 2020 | $5,456 | $188,000 | $82,500 | $105,500 |
| 2019 | $5,386 | $188,000 | $82,500 | $105,500 |
| 2018 | $5,264 | $188,000 | $82,500 | $105,500 |
| 2017 | $5,240 | $188,000 | $82,500 | $105,500 |
| 2016 | $5,162 | $188,000 | $82,500 | $105,500 |
| 2015 | $5,020 | $188,000 | $82,500 | $105,500 |
| 2014 | $4,926 | $188,000 | $82,500 | $105,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joe DeLorenzo
-
Mary Ann York
Buyer's Agent in 2020
Mary Ann York
Century 21 Gold Key Realty
(732) 766-0898
26 Total Sales
-
Roxanne Gennari
Seller's Agent in 2014
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
(609) 306-7148
21 in this area
215 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2014
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJME294774
APN: 07-02312-0000-00022
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