NOT LISTED FOR SALE

221 Lenape Ave Mays Landing, NJ 08330

Estimated Value: $454,000 - $586,000

5 Beds
3.5 Baths
3,774 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $210,000 $56 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,602/month

46 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Colonial Architecture
  • Cedar Creek High School Rated A-
  • The property is located in a historic district
  • 1-minute walk to Atlantic County Parks & Rec

About This Home

As of September 2014

Historic Home on a huge Lake Lenape lot, Bulkhead and dock along with concrete steps down into the lake, The home includes Five bedrooms and three and a half baths, Formal living and dining room, Family room, First floor master suite, Two car detached garage with a loft and another one car garage, There is missing plumbing and wiring, Being sold strictly as-is, There may be historic restrictions with this property. SEE AGENT REMARKS

Last Agent to Sell the Property

Dan Boddy

CENTURY 21 FRICK REALTORS Listed on: 07/23/2014

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

CATHERINE ANDREWS

CENTURY 21 FRICK REALTORS

CENTURY 21 FRICK REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,627

Year Built

  • Built in 1910

Lot Details

  • Lake Front
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Skylights
  • Dining Room
  • Library
  • Recreation Room
  • Workshop
  • Storage
  • Laundry Room
  • Storm Screens

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Boat Slip
  • Deck
  • Enclosed Patio or Porch
  • Shed

Location

  • The property is located in a historic district

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,627

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Year Built: 1910
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, W/W Carpet, W/W Over Hardwood
  • Interior Amenities: Storage, Skylight(s), Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Crawl Space, Outside Entrance, Partial, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Breakfast Nook, Dining Room, Eat In Kitchen, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Workshop, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Needs Work, Patio, Paved Road, Porch, Porch Enclosed, Shed
  • Siding Exterior: Vinyl, Wood
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Bulkheaded, Docks, Historical District, Lake Front, Wooded Lot
  • Lot Dimensions: 1.10
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 19, 2014
Sold by
Volt Npl Ix Asset Holding Trust
Bought by
Melder Clifford and Melder Donna
Seller's Agent
Dan Boddy
CENTURY 21 FRICK REALTORS
Buyer's Agent
CATHERINE ANDREWS
CENTURY 21 FRICK REALTORS
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$530,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,179
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Musumeci Joseph A
Bought by
Volt Npl Ix Asset Holdings Trust

Purchase Details

Closed on
Jun 20, 2006
Sold by
Mcgonigal Edward
Bought by
Joseph Musumeci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Shirley J Mcgonigal Revocable Trust and Mcgonigal Edward S
Bought by
Mcgonigal Edward S

Purchase Details

Closed on
Jun 26, 1996
Sold by
Mcgonigal Shirley
Bought by
Edward S Mcgonigal Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Melder Clifford $210,000 Surety Title
Volt Npl Ix Asset Holdings Trust -- None Available
Joseph Musumeci $600,000 --
Mcgonigal Edward S -- --
Edward S Mcgonigal Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musumeci Joseph A $417,000
Previous Owner Joseph Musumeci $400,000
Previous Owner Mcgonigal Edward S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $210,000 0.0% $56 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $210,000 -- $56 / Sq Ft
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
2025 $9,627 $280,600 $139,500 $141,100
2024 $9,627 $280,600 $139,500 $141,100
2023 $7,259 $225,000 $139,500 $85,500
2022 $7,259 $225,000 $139,500 $85,500
2021 $7,243 $225,000 $139,500 $85,500
2020 $7,243 $225,000 $139,500 $85,500
2019 $7,261 $225,000 $139,500 $85,500
2018 $7,007 $225,000 $139,500 $85,500
2017 $7,356 $240,000 $139,500 $100,500
2016 $7,811 $262,200 $139,500 $122,700
2015 $7,546 $262,200 $139,500 $122,700
2014 $13,004 $495,000 $155,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 432994

South Jersey Shore Regional MLS

APN: 12-00730-0000-00017