NOT LISTED FOR SALE

172 E Faunce Landing Rd Absecon, NJ 08201

Estimated Value: $479,000 - $614,881

4 Beds
3.5 Baths
-- Sq Ft
0.37 Acres

Last Sold June 13, 2019

Last sale price $254,000

Est. 116% increase in value since last sale

Current estimated payment $4,064/month

70 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • In Ground Pool
  • Marble Flooring
  • Main Floor Bedroom

About This Home

As of June 2019

we have multiple offers and the property is being sold strictly in AS-IS condition. to all buyer's agents to sumbitted offer for Highest and Best by Tuesday 4/30/2019. all that we have multiple offers and the property is being sold strictly in AS-IS condition. If a buyer/agent does NOT respond to the H&B by the deadline, their offer is filed as rejected by the buyer. -- to all the buyer's agents to make bank a solid offer Qualifying the preliminary accepted offers Bank Owned property. Prime location, Faunce Landing, Custom built Traditional contemporary home has 4000 sq of living space. Dramatic & bright two sty foyer to open 2 sty great family room, with fireplace. Multi-zone heating sys, and central air sys. Custom kit has 42" cabinets. wet bar in family room. Hardwood floors, transom windows. Four bedrooms, 3.5 bathrooms, three level home with 3 car attached garage. Large in-ground pool, Beautiful bay water & Atlantic City Skyline view from two decks. Absecon Marina Bay district. Sold in strictly in As is condition" All inspections and repair costs are the responsibility of the buyer. ***All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale.. Offer link to property: http://www.spsreo.com/?c=BBTM

Last Listed By

Ayako Meisenhelter

BHHS FOX and ROACH-Northfield License #SB-8438084 Listed on: 02/22/2019

BHHS FOX and ROACH-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,276

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 135x120
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Water Views
  • Storage In Attic
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Whirlpool Bathtub

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,276

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 16 To 20 Years
  • Lvt Date: 02/23/2019
  • Year Built: 2002
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Marble, Tile, W/W Carpet
  • Interior Amenities: Bar, Cathedral Ceiling, Skylight(s), Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Lower
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Great Room, In-Law Quarters, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Paved Road, Pool-In Ground, Sprinkler System
  • Siding Exterior: Stucco, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 135x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 13, 2019
Sold by
U S Bank National Association
Bought by
Jenkins Paul
Seller's Agent
Ayako Meisenhelter
BHHS FOX and ROACH-Northfield
Buyer's Agent
ANGELA CIANFRANI
BHHS FOX and ROACH-Northfield
List Price
$280,800
Sold Price
$254,000
Premium/Discount to List
-$26,800
-9.54%
Total Days on Market
70
Current Estimated Value
$548,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,470
Original Mortgage
$203,200
Interest Rate
3.7%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Ray Yvonne and Ray Ofrederick
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 28, 2005
Sold by
Frasch Billy
Bought by
Ray Frederick and Ray Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Sybig C F S Inc
Bought by
Frasch Billy G and Frasch Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.7%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Jenkins John F and Jenkins Ruth E
Bought by
Bella Rene Llc

Range of Values:

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Average Value
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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
Jenkins Paul $254,000 Servicelink Llc
U S Bank National Association $1,000 None Available
Ray Frederick $605,000 --
Frasch Billy G $343,750 --
Bella Rene Llc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Paul $18,964
Previous Owner Jenkins Paul $203,200
Previous Owner Ray Frederick $650,000
Previous Owner Ray Frederick $225,000
Previous Owner Ray Frederick $19,787
Previous Owner Ray Frederick $121,000
Previous Owner Frasch Billy $150,000
Previous Owner Frasch Billy $125,000
Previous Owner Frasch Billy G $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $254,000 -0.4% --
05/03/2019 05/03/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $254,900 -9.2% --
04/17/2019 04/17/19 Price Changed $280,800 +10.2% --
03/29/2019 03/29/19 Price Changed $254,900 -9.2% --
02/22/2019 02/22/19 For Sale $280,800 -- --
Source: South Jersey Shore Regional 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 $12,276 $366,900 $96,600 $270,300
2023 $12,130 $366,900 $96,600 $270,300
2022 $12,130 $366,900 $96,600 $270,300
2021 $12,093 $366,900 $96,600 $270,300
2020 $12,115 $366,900 $96,600 $270,300
2019 $12,027 $366,900 $96,600 $270,300
2018 $12,078 $366,900 $96,600 $270,300
2017 $11,990 $366,900 $96,600 $270,300
2016 $11,653 $366,900 $96,600 $270,300
2015 $11,502 $366,900 $96,600 $270,300
2014 $11,345 $366,900 $96,600 $270,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 518201

South Jersey Shore Regional MLS

APN: 01-00093-0000-00012-03