NOT LISTED FOR SALE

2480 Franklin Dr Vineland, NJ 08361

Estimated Value: $395,000 - $468,747

4 Beds
2.5 Baths
-- Sq Ft
0.68 Acres

Last Sold March 22, 2013

Last sale price $222,000

Est. 111% increase in value since last sale

Current estimated payment $3,170/month

65 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Patio
  • Water Oriented
  • No HOA
  • Living Room

About This Home

As of March 2013

A great waterfront property on the lake. Outdoor Kitchen with natural gas connection. Steps to the lake with your own floating dock, in-ground pool with solar powered water heating system, large 100 x 300 lot. Excellent for enjoying the outdoors and entertaining family & friends.

Last Agent to Sell the Property

Nancy Coraluzzo

Coldwell Banker Excel Realty Listed on: 12/31/2012

Coldwell Banker Excel Realty

Co-Listed By

datacorrect BrightMLS

Non Subscribing Office

Last Buyer's Agent

Nick Borrero

Keller Williams Prime Realty License #0338083

Keller Williams Prime Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,970

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 100x300
  • Waterfront
  • Property is zoned R-5

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near a lake
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Refrigerator
  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Features: In Ground
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal, No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 111300.00
  • Land Assessed Value: 33100.00
  • Lot Size Acres: 0.68
  • Lot Dimensions: 100X300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29999.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Zoning: R-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3157815
  • Tax Annual Amount: 5970.00
  • Tax Lot: 57
  • Tax Year: 2012
  • Close Date: 03/22/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2012
Closed on
Mar 21, 2013
Sold by
Ricci Henry M
Bought by
Arkainno Michael L and Yeon Arkiano Tammy
Seller's Agent
Nancy Coraluzzo
Coldwell Banker Excel Realty
Buyer's Agent
Nick Borrero
Keller Williams Prime Realty
List Price
$237,900
Sold Price
$222,000
Premium/Discount to List
-$15,900
-6.68%
Current Estimated Value
$467,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,976
Avg. Annual Appreciation
5.55%
Original Mortgage
$217,979
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2008
Sold by
Ricci Henry M and Ricci Robin M
Bought by
Ricci Henry M

Purchase Details

Closed on
Sep 30, 2002
Sold by
Parkh Samir
Bought by
Ricci Henry and Ricci Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.24%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Hill Sam D
Bought by
Parikh Samir N and Parikh Shaheen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
7.83%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Cohen Alan
Bought by
Hill Sam D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,600
Interest Rate
8.21%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Ironwood Development
Bought by
Cohen Alan and Hamilton Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.86%

Purchase Details

Closed on
May 3, 1996
Sold by
Juffe Sam
Bought by
Ironwood Development Inc
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
Arkainno Michael L $222,000 Foundation Title Llc
Ricci Henry M -- --
Ricci Henry $227,500 --
Parikh Samir N $214,500 --
Hill Sam D $212,500 --
Cohen Alan $172,500 --
Ironwood Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkainno Michael L $68,800
Open Arkainno Michael L $289,000
Closed Arkalnno Michael L $288,868
Closed Arkainno Michael L $217,979
Previous Owner Ricci Henry M $274,000
Previous Owner Ricci Henry $182,000
Previous Owner Parikh Samir N $171,600
Previous Owner Hill Sam D $180,600
Previous Owner Cohen Alan $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $222,000 -6.7% --
03/06/2013 03/06/13 Pending -- -- --
12/31/2012 12/31/12 For Sale $237,900 -- --
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 $7,435 $233,500 $46,100 $187,400
2024 $7,435 $233,500 $46,100 $187,400
2023 $7,386 $233,500 $46,100 $187,400
2022 $7,166 $233,500 $46,100 $187,400
2021 $6,835 $233,500 $46,100 $187,400
2020 $6,835 $233,500 $46,100 $187,400
2019 $6,741 $233,500 $46,100 $187,400
2018 $6,564 $233,500 $46,100 $187,400
2017 $6,234 $233,500 $46,100 $187,400
2016 $6,015 $233,500 $46,100 $187,400
2015 $5,793 $233,500 $46,100 $187,400
2014 $5,478 $233,500 $46,100 $187,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004456403

Bright MLS

APN: 14-05202-0000-00057