Seller's Agent in 2020
Justin Selby
Collini Real Estate LLC
(856) 364-1548
79 in this area
147 Total Sales
2406 E Oak Rd Vineland, NJ 08361
Estimated Value: $271,000 - $333,000
--
Bed
--
Bath
1,295
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of May 2020Opportunity awaits at 2406 East Oak Road and 2388 East Oak Road! This unique property includes TWO RESIDENTIAL STRUCTURES, assigned block # 1909 and lot #'s 35/36, attached to a single deed. 2406 East Oak Road is a spacious three bedroom, one bathroom home consisting of 1295 square feet. The layout of the home consist of a living room, dining room, kitchen, bathroom, three bedrooms, and large basement for storage. The home has a washer and dryer on the first floor. The heating system was updated approximately five years ago. 2388 East Oak Road is a one bedroom, one bathroom home consisting of 605 square feet currently being rented by a long term tenant on a month to month lease. The heating system, cooling system, and hot water heater were updated approximately five years ago. The home consist of a kitchen, dining area, living room, laundry closet with washer and dryer, bathroom, and bedroom. The entire property consist of over one acre of land, providing ample parking, and a more rural setting. Excellent opportunity to make one residence your home and offset living and mortgage cost. Make the most of this property and use the second residence as a investment property or buy as an addition to your investment portfolio. Both residential homes are properly zoned with the City of Vineland and properly registered as rental properties. Each home has their own electric meters, gas meters, individual septic systems, and share one water line. Additional property cost and rent amounts can be found in agent remark section of the listing.
Last Agent to Sell the Property
(856) 364-1548 justinselby@collinirealestate.com Collini Real Estate LLC License #1867481 Listed on: 03/06/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,548
Year Built
- Built in 1925
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 104.88 x 230.00
- Property is in good condition
Parking
- Driveway
Home Design
- 1,295 Sq Ft Home
- Traditional Architecture
- Frame Construction
- Shingle Roof
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Septic Tank
Additional Features
- Unfinished Basement
Listing and Financial Details
- The owner pays for water, trash collection
- Tax Lot 00035
- Assessor Parcel Number 14-01909-00035
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2020
Closed on
May 29, 2020
Sold by
Farabella Ronald P
Bought by
Pacitto Nicholas
Seller's Agent
Justin Selby
Collini Real Estate LLC
Buyer's Agent
Jonthan Pang
Collini Real Estate LLC
List Price
$174,000
Sold Price
$168,000
Premium/Discount to List
-$6,000
-3.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,606
Avg. Annual Appreciation
10.43%
Original Mortgage
$134,400
Outstanding Balance
$119,135
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$168,471
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pacitto Nicholas | $168,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pacitto Nicholas | $134,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $168,000 | -3.4% | $130 / Sq Ft |
| 04/27/2020 04/27/20 | Pending | -- | -- | -- |
| 03/06/2020 03/06/20 | For Sale | $174,000 | -- | $134 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $3,913 | $122,900 | $37,800 | $85,100 |
| 2024 | $3,913 | $122,900 | $37,800 | $85,100 |
| 2023 | $3,887 | $122,900 | $37,800 | $85,100 |
| 2022 | $3,772 | $122,900 | $37,800 | $85,100 |
| 2021 | $3,703 | $122,900 | $37,800 | $85,100 |
| 2020 | $3,597 | $122,900 | $37,800 | $85,100 |
| 2019 | $3,548 | $122,900 | $37,800 | $85,100 |
| 2018 | $3,455 | $122,900 | $37,800 | $85,100 |
| 2017 | $3,281 | $122,900 | $37,800 | $85,100 |
| 2016 | $3,166 | $122,900 | $37,800 | $85,100 |
| 2015 | $3,049 | $122,900 | $37,800 | $85,100 |
| 2014 | $2,883 | $122,900 | $37,800 | $85,100 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Selby
-
Jonthan Pang
J
Buyer's Agent in 2020
Jonthan Pang
Collini Real Estate LLC
(856) 285-6796
22 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: NJCB125836
APN: 14-01909-0000-00035
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