NOT LISTED FOR SALE

Estimated Value: $320,000 - $380,000

2 Beds
1.5 Baths
1,092 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $300,000 $275 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,352/month

Highlights

  • Carriage House
  • Partially Wooded Lot
  • Loft
  • Deck
  • Wood Flooring
  • Breakfast Room

About This Home

As of May 2022

Welcome to beautiful Lake Gilman. This lakefront community is one of South Jersey's best-kept secrets. This home, located just a stone's throw from the lake, offers the perfect country living at its finest. Surrounded by tall trees and tucked away from street view, you will have so much privacy on this property. This home offers refinished original hardwood floors throughout the living room, dining room, primary bedroom along with the upper loft and third bedroom. There is newer premium waterproof vinyl laminate flooring in the kitchen and the second bedroom, and the inside of the house has been freshly painted in the past year. So many details are in this home, you have to take it all in. From the two custom sliding barn doors to the recessed TV nook in the living room, there are just too many to list. The primary bedroom offers a very large picture window, allowing for plenty of natural light to flow into the room. Both bathrooms have been upgraded, and a new laundry closet has been built for the included washer and dryer. There are beautiful wood details throughout this home, and the loft over-looking the dining room is perfect to just relax and read a book. The staircase has a vintage wrought iron railing, and there is extra storage in the loft. There is a small basement area that offers added storage. Outside, there is a garage/shed. The shed area is finished with drywall and is currently being used as an office. The garage is situated for a smaller car and has extra storage as well. There is a new high filtration Aerobic Transfer septic system that was installed less than a year ago. This is a $40,000 system. See the attached video about Aerobic Transfer Systems. There is a fully fenced rear yard, a deck, and an outside barbeque kitchen. At the back of the garage, there are two more storage areas. Take the short walk to the lake, and there are three boat slips that come with the home which are made to fit two canoes and a rowboat. (Motored boats are not allowed on the lake.) There is also a community beach for your enjoyment. Seller just obtained a new septic certification, well certification, and a certificate of occupancy. This home is a must-see. Call today for your personal tour.

Last Agent to Sell the Property

Christopher Valianti

(856) 347-0052 chris@chrisSoldit.com RE/MAX Preferred - Mullica Hill Listed on: 04/14/2022

RE/MAX Preferred - Mullica Hill

Last Buyer's Agent

Patricia Pomeranz

(848) 469-6691 pepomeranz@hotmail.com Keller Williams Realty - Moorestown License #9231492

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Wood Fence
  • Back Yard Fenced
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned LD

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Side Facing Garage
  • Stone Driveway
  • Dirt Driveway

Home Design

  • Carriage House
  • Cottage
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Insulated Windows
  • Combination Dining and Living Room
  • Loft
  • Laundry on main level

Kitchen

  • Eat-In Galley Kitchen
  • Breakfast Room

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Playground

Schools

  • Aura Elementary School
  • Delsea Regional Middle School
  • Delsea Regional High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Shared Well
  • Electric Water Heater
  • Approved Septic System
  • Municipal Trash
  • Septic Tank
  • Septic Permit Issued

Community Details

  • $5,000 Recreation Fee
  • Association fees include common area maintenance, pier/dock maintenance, road maintenance, snow removal, water
  • Lake Gilman Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 04-00022-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,527

Year Built

Built in 1940

Lot Details

0

HOA Fees

$72 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Carriage House, Cottage
  • Ownership: Fee Simple
  • Exclusions: Personal property, microwave, furniture, outdoor furniture, toys, and swingset.
  • Home Warranty: No
  • Inclusions: Existing washer, dryer, refrigerator, oven
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to beautiful Lake Gilman. This lakefront community is one of South Jersey's best-kept secrets. This home, located just a stone's throw from the lake, offers the perfect country living at its finest. Surrounded by tall trees and tucked away from street view, you will have so much privacy on this property. This home offers refinished original hardwood floors throughout the living room, dining room, primary bedroom along with the upper loft and third bedroom. There is newer premium waterproof vinyl laminate flooring in the kitchen and the second bedroom, and the inside of the house has been freshly painted in the past year. So many details are in this home, you have to take it all in. From the two custom sliding barn doors to the recessed TV nook in the living room, there are just too many to list. The primary bedroom offers a very large picture window, allowing for plenty of natural light to flow into the room. Both bathrooms have been upgraded, and a new laundry closet has been built for the included washer and dryer. There are beautiful wood details throughout this home, and the loft over-looking the dining room is perfect to just relax and read a book. The staircase has a vintage wrought iron railing, and there is extra storage in the loft. There is a small basement area that offers added storage. Outside, there is a garage/shed. The shed area is finished with drywall and is currently being used as an office. The garage is situated for a smaller car and has extra storage as well. There is a new high filtration Aerobic Transfer septic system that was installed less than a year ago. This is a $40,000 system. See the attached video about Aerobic Transfer Systems. There is a fully fenced rear yard, a deck, and an outside barbeque kitchen. At the back of the garage, there are two more storage areas. Take the short walk to the lake, and there are three boat slips that come with the home which are made to fit two canoes and a rowboat. (Motored boats are not allowed on the lake.) There is also a community beach for your enjoyment. Seller just obtained a new septic certification, well certification, and a certificate of occupancy. This home is a must-see. Call today for your personal tour.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Kitchen - Table Space
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Crawl Space, Block
  • Levels Count: 1.5
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room, Loft, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance, Unfinished
  • Basement Footprint Percent: 10.00
  • Laundry Type: Main Floor
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 228.94
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Garage(s)
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outbuilding(s), Play Area
  • Roof: Architectural Shingle
  • 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
  • Parking Features: Dirt Driveway, Stone Driveway
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Approved System, Private Septic Tank, Septic Permit Issued
  • Water Source: Well-Shared
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 860.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Road Maintenance, Snow Removal, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 5000.00
  • Association Recreation Fee: Yes

Schools

  • School District: DELSEA REGIONAL HIGH SCHO SCHOOLS
  • Elementary School: AURA E.S.
  • Middle School: DELSEA REGIONAL M.S.
  • High School: DELSEA REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396136
  • School District Source: Listing Agent
  • Elementary School: AURA E.S.
  • High School: DELSEA REGIONAL H.S.
  • Middle Or Junior School: DELSEA REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Rear, Wood
  • Improvement Assessed Value: 58600.00
  • Land Assessed Value: 36300.00
  • Lot Features: Backs To Trees, Partly Wooded
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60x150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: LD

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1974889
  • Tax Annual Amount: 3527.00
  • Assessor Parcel Number: 04-00022-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1092
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/27/2022

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 25, 2022
Sold by
Bates and Ciara
Bought by
Mcallister Barbara Anne
Seller's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Patricia Pomeranz
Keller Williams Realty - Moorestown
List Price
$250,000
Sold Price
$300,000
Premium/Discount to List
$50,000
20%
Current Estimated Value
$361,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,851
Avg. Annual Appreciation
5.74%
Original Mortgage
$240,000
Outstanding Balance
$227,995
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$133,856

Purchase Details

Closed on
Sep 14, 2018
Sold by
Carew Mark M and Carew Patricia H
Bought by
Bates Matthew and Bates Ciara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,113
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2003
Sold by
Mcfetridge Robert A
Bought by
Carew Mark M and Carew Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,132
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 1997
Sold by
Mckendry George and Stewart Edna
Bought by
Mcfetridge Robert A and Mcfetridge Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcallister Barbara Anne $300,000 Solcol William G
Bates Matthew $139,900 New Jersey Land Title
Carew Mark M $83,500 Surety Title Corp
Mcfetridge Robert A $61,500 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcallister Barbara Anne $240,000
Previous Owner Bates Matthew $128,113
Previous Owner Carew Mark M $87,132
Previous Owner Mcfetridge Robert A $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $300,000 +20.0% $275 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $250,000 -- $229 / 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
2025 $4,328 $120,400 $36,300 $84,100
2024 $4,264 $120,400 $36,300 $84,100
2023 $4,264 $117,500 $36,300 $81,200
2022 $3,486 $94,900 $36,300 $58,600
2021 $3,527 $94,900 $36,300 $58,600
2020 $3,493 $94,900 $36,300 $58,600
2019 $3,385 $94,900 $36,300 $58,600
2018 $3,322 $94,900 $36,300 $58,600
2017 $3,230 $94,900 $36,300 $58,600
2016 $3,198 $94,900 $36,300 $58,600
2015 $3,106 $94,900 $36,300 $58,600
2014 $2,964 $94,900 $36,300 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2014422

Bright MLS

APN: 04-00022-0000-00003