NOT LISTED FOR SALE

2 Van Meter Terrace Salem, NJ 08079

Estimated Value: $173,000 - $221,000

3 Beds
2 Baths
1,828 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $67,500 $37 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,378/month

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of March 2018

Built with Pride. This 3 bedroom, 2 bath brick cape cod radiates thoughtful quality. You'll appreciate special touches like the original hardwood floors, claw foot bathtub, custom woodwork, updated kitchen and working wood fireplace. Close to I-295, NJ Turnpike and DE/PA bridges. This property is being sold "as is".

Last Agent to Sell the Property

Richard Warner

(856) 430-0072 rich@warnerrealtors.com Warner Real Estate & Auction Company Listed on: 08/15/2017

Last Buyer's Agent

Cheryl Barbagallo

(609) 820-2350 cbrealestateproperty@gmail.com Century 21 Rauh & Johns License #RS3300057

Century 21 Rauh & Johns

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 5,520 Sq Ft Lot
  • Lot Dimensions are 60x92
  • Property is in good condition

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 1,828 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Replacement Windows
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • John Fenwick Elementary School
  • Salem High School

Utilities

  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 13-00081-00009

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Microwave, Washer, Dryer
  • Inclusions: Range, Refrigerator, Diswasher
  • New Construction: No
  • Year Built: 1935
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1828
  • Living Area Sq Ft: 1828
  • Net Sq Ft: 1828.00
  • Price Per Sq Ft: 38.02
  • Above Grade Finished Sq Ft: 1828
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: JOHN FENWICK SCHOOL
  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 104900.00
  • Land Assessed Value: 19600.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 60X92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5520.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8503.00
  • Assessor Parcel Number: 13-00081-00009
  • Tax Lot: 00009
  • Tax Year: 2017

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Mar 15, 2018
Sold by
Fulton Bank Of Nj
Bought by
Walker Harry J
Seller's Agent
Richard Warner
Warner Real Estate & Auction Company
Buyer's Agent
Cheryl Barbagallo
Century 21 Rauh & Johns
List Price
$69,500
Sold Price
$67,500
Premium/Discount to List
-$2,000
-2.88%
Current Estimated Value
$188,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,034
Avg. Annual Appreciation
14.45%
Original Mortgage
$66,276
Outstanding Balance
$57,752
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$130,782

Purchase Details

Closed on
Aug 11, 2017
Sold by
Miller Charles M
Bought by
Fulton Bank Of Nj

Purchase Details

Closed on
Apr 27, 2007
Sold by
Chadband Carl T and Chadband Krista A
Bought by
Williams Matthew D and Williams Chanda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2005
Sold by
Carr Kemp and Carr Iris
Bought by
Chadband Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 16, 2003
Sold by
Hud
Bought by
Carr Kemp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,429
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2002
Sold by
Ball Debra A and Ball Thomas
Bought by
Hud

Purchase Details

Closed on
Oct 28, 1996
Sold by
Macgrath Richard and Macgrath Sherry
Bought by
Ball Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
8.22%
Mortgage Type
FHA
Source: Public Records

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
Walker Harry J $67,500 --
Fulton Bank Of Nj -- --
Williams Matthew D $135,000 --
Chadband Carl $130,000 Salem Oak Title Agency Inc
Carr Kemp $72,100 Independence Abstract & Titl
Hud -- --
Ball Debra A $76,500 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Harry J $66,276
Previous Owner Williams Matthew D $128,250
Previous Owner Chadband Carl $26,000
Previous Owner Chadband Carl $104,000
Previous Owner Carr Kemp $76,429
Previous Owner Ball Debra A $76,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $67,500 -2.9% $37 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $69,500 -- $38 / 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 $4,687 $57,000 $9,300 $47,700
2024 $4,481 $57,000 $9,300 $47,700
2023 $4,481 $57,000 $9,300 $47,700
2022 $4,285 $57,000 $9,300 $47,700
2021 $4,137 $57,000 $9,300 $47,700
2020 $4,054 $57,000 $9,300 $47,700
2019 $4,029 $57,000 $9,300 $47,700
2018 $3,941 $57,000 $9,300 $47,700
2017 $3,893 $57,000 $9,300 $47,700
2016 $4,875 $124,500 $19,600 $104,900
2015 $4,813 $124,500 $19,600 $104,900
2014 $4,788 $124,500 $19,600 $104,900
Source: Public Records

Agents Affiliated with this Home

  • Richard Warner

    Seller's Agent in 2018

    Richard Warner

    Warner Real Estate & Auction Company

    (856) 430-0072

    7 in this area

    165 Total Sales

    Richard Warner
    Section Image
  • Cheryl Barbagallo

    Buyer's Agent in 2018

    Cheryl Barbagallo

    Century 21 - Rauh & Johns

    (609) 820-2350

    24 Total Sales

    Cheryl Barbagallo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000374145

Bright MLS

APN: 13-00081-0000-00009

New Jersey Salem County Salem 08079

2 Van Meter Terrace, Salem, NJ

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