NOT LISTED FOR SALE

2407 Arbor Ct Mays Landing, NJ 08330

Estimated Value: $160,000 - $186,000

2 Beds
1.5 Baths
-- Sq Ft
566 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $111,000

Est. 54% increase in value since last sale

Current estimated payment $1,055/month

Highlights

  • Clubhouse
  • Community Pool
  • Walk-In Closet
  • Absegami High School Rated A-
  • Tennis Courts
  • Laundry Room

About This Home

As of April 2022

Instant income. This Woodlands Condominium community 2 bedroom, 1 1/2 bath townhome is now for sale. Begin to collect profits on the date of your purchase. Monthly rental income is $1,075. Monthly association fee of $255 covers water and sewer as well as all amenities in community including basketball and tennis courts, playground, inground pool, clubhouse. And taxes are nicely low at just $1,516 per year. The opportunity is here for you to build your real estate investment portfolio and the profits can be yours. Tenant is secured by lease agreement until July 2022. Nicely maintained. All appliances included with sale.

Last Agent to Sell the Property

KAREN SALVO, SFR

Century 21 Action Plus Realty - Northfield Listed on: 10/08/2021

Century 21 Action Plus Realty - Northfield

Last Buyer's Agent

Zhu (Mary) Wu

BALSLEY/LOSCO

BALSLEY/LOSCO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1986

Lot Details

  • 566

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Room

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include amenities, management, sewer, trash, water, pool
  • Woodlands Condos

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,788

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 10/16/2021
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room
  • Common Area Features: Clubhouse/Clubroom, Playground, Pool, Tennis Court

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Assigned

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Management, Sewer, Trash, Water, Pool
  • Condo Name: Woodlands
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Apr 28, 2022
Sold by
Berman Steven E and Berman Ann L
Bought by
Zheng Xiufu
Seller's Agent
KAREN SALVO, SFR
Century 21 Action Plus Realty - Northfield
Buyer's Agent
Zhu (Mary) Wu
BALSLEY/LOSCO
List Price
$99,000
Sold Price
$111,000
Premium/Discount to List
$12,000
12.12%
Current Estimated Value
$171,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,353
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Apr 10, 1981
Bought by
Berman Steven E and Berman Ann L
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
Zheng Xiufu $111,000 Agents Title
Berman Steven E $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $111,000 +12.1% --
03/03/2022 03/03/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $99,000 -- --
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 $1,788 $72,600 $25,000 $47,600
2024 $1,788 $52,100 $10,000 $42,100
2023 $1,681 $52,100 $10,000 $42,100
2022 $1,681 $52,100 $10,000 $42,100
2021 $1,516 $47,100 $5,000 $42,100
2020 $1,516 $47,100 $5,000 $42,100
2019 $1,520 $47,100 $5,000 $42,100
2018 $1,467 $47,100 $5,000 $42,100
2017 $1,444 $47,100 $5,000 $42,100
2016 $1,403 $47,100 $5,000 $42,100
2015 $1,356 $47,100 $5,000 $42,100
2014 $1,403 $53,400 $7,000 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556568

South Jersey Shore Regional MLS

APN: 12-01135-06-00031-0000-C0031