NOT LISTED FOR SALE

232 Fairbanks Ave Northfield, NJ 08225

Estimated Value: $324,000 - $348,403

2 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold September 30, 2022

Last sale price $248,000

Est. 36% increase in value since last sale

Current estimated payment $2,297/month

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Hot Water Heating System
  • Mainland Regional High School Rated A-

About This Home

As of September 2022

Great large corner lot. Two story cape cod with lots of potential.

Last Agent to Sell the Property

Jose Sinclair

GRACE PROPERTIES Listed on: 07/13/2022

Last Buyer's Agent

Jose Sinclair

GRACE PROPERTIES Listed on: 07/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,203

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 150x100
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Cape Cod Architecture
  • Asbestos Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Stove
  • Interior Basement Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,203

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 25+ Years
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Inside Entrance, Unfinished

Exterior Features

  • Siding Exterior: Asbestos

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 150x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 12, 2022
Sold by
Aponte Rosa
Bought by
Vasquez Gilberto A and Vasquez Sarah
Seller's Agent
Jose Sinclair
GRACE PROPERTIES
Buyer's Agent
Jose Sinclair
GRACE PROPERTIES
List Price
$248,000
Sold Price
$248,000
Views
60
Current Estimated Value
$338,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,101
Avg. Annual Appreciation
10.27%
Original Mortgage
$243,508
Outstanding Balance
$235,697
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$102,404

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 28, 2016
Sold by
Federal Home Loan Mortgage Corp
Bought by
Us Bank National Association
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
PATRICIA CRAMER
GRACE PROPERTIES
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.51%

Purchase Details

Closed on
May 10, 2016
Sold by
Milhan Lawrence A and Milhan Peggy L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 9, 2015
Sold by
Milhan Lawrence A
Bought by
Milhan Peggy L

Purchase Details

Closed on
Apr 19, 2000
Sold by
Federal National Mortgage Association
Bought by
Milhan Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2000
Sold by
Riddell Jessie and United States Of America
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vasquez Gilberto A $248,000 None Listed On Document
Us Bank National Association $10 --
Federal Home Loan Mortgage Corporation $1,000 None Available
Milhan Peggy L -- None Available
Milhan Lawrence A $96,000 --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Gilberto A $243,508
Previous Owner Milhan Lawrence A $91,100
Previous Owner Federal National Mortgage Association $91,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $248,000 0.0% --
07/13/2022 07/13/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $248,000 +254.3% --
10/04/2016 10/04/16 Sold $70,000 0.0% -- View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $70,000 -- --
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 $6,203 $172,700 $72,000 $100,700
2024 $6,203 $172,700 $72,000 $100,700
2023 $6,031 $172,700 $72,000 $100,700
2022 $6,031 $172,700 $72,000 $100,700
2021 $5,967 $172,700 $72,000 $100,700
2020 $5,989 $172,700 $72,000 $100,700
2019 $5,887 $172,700 $72,000 $100,700
2018 $5,782 $172,700 $72,000 $100,700
2017 $5,590 $172,700 $72,000 $100,700
2016 $5,368 $172,700 $72,000 $100,700
2015 $5,293 $172,700 $72,000 $100,700
2014 $5,005 $172,700 $72,000 $100,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 565088

South Jersey Shore Regional MLS

APN: 18-00134-0000-00001