198 Spruce Ave Salem, NJ 08079
Salem NeighborhoodEstimated Value: $180,691 - $270,000
--
Bed
--
Bath
1,794
Sq Ft
$126/Sq Ft
Est. Value
About This Home
This home is located at 198 Spruce Ave, Salem, NJ 08079 and is currently estimated at $225,173, approximately $125 per square foot. 198 Spruce Ave is a home located in Salem County with nearby schools including John Fenwick Elementary School, Salem Middle School, and Salem High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2005
Sold by
Pew Christopher S and Pew Kristi L
Bought by
Bacon Jaredd D and Bacon Mindy L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2000
Sold by
Wang Chung Sio and Wang Liu King Jin
Bought by
Pew Christopher S and Simpkins Kristi L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,313
Interest Rate
7.83%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 14, 1997
Sold by
Hemple Dale R and Hemple Sandra L
Bought by
Wang Chung Sio and Wang Liu King Jin
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bacon Jaredd D | $140,000 | Salem Oak Title Agency Inc | |
| Pew Christopher S | $84,000 | -- | |
| Wang Chung Sio | $77,000 | Intercoastal Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bacon Jared D | $73,000 | |
| Open | Bacon Jared D | $172,792 | |
| Closed | Bacon Jared D | $185,440 | |
| Closed | Bacon Jared D | $182,700 | |
| Closed | Bacon Jared D | $35,500 | |
| Closed | Bacon Jaredd D | $112,000 | |
| Previous Owner | Pew Christopher S | $85,153 | |
| Previous Owner | Pew Christopher S | $83,313 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2024 | $6,564 | $83,500 | $35,000 | $48,500 |
| 2023 | $6,564 | $83,500 | $35,000 | $48,500 |
| 2022 | $6,277 | $83,500 | $35,000 | $48,500 |
| 2021 | $6,060 | $83,500 | $35,000 | $48,500 |
| 2020 | $5,939 | $83,500 | $35,000 | $48,500 |
| 2019 | $5,903 | $83,500 | $35,000 | $48,500 |
| 2018 | $5,773 | $83,500 | $35,000 | $48,500 |
| 2017 | $5,703 | $83,500 | $35,000 | $48,500 |
| 2016 | $6,450 | $164,700 | $43,900 | $120,800 |
| 2015 | $6,367 | $164,700 | $43,900 | $120,800 |
| 2014 | $6,334 | $164,700 | $43,900 | $120,800 |
Source: Public Records
Map
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