NOT LISTED FOR SALE

Estimated Value: $184,254 - $394,000

1 Bed
1 Bath
756 Sq Ft
$360/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $125,000 $165 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,745/month

50 Days on Market

Highlights

  • Water Oriented
  • 1.27 Acre Lot
  • No HOA
  • Waterfront
  • Rambler Architecture
  • 2 Car Detached Garage

About This Home

As of February 2021

GREAT INVESTORS OPPORTUNITY !!! House on Over 1 Acre Lot with a POND in EAST GREENWICH. Here is your Chance to get this Private Lot, Complete with a Huge Detached Garage, plenty of land and a house project that has been started already. My suggestion would be to Add an Addition to the Spacious Family Room that is already there. Make this place a 3-4 Bedroom home with 2+ Bathrooms. Clean up the Grounds and spruce up the Garage and Really make a Dream Home for You or the Next Buyer. New Septic would be needed. East Greenwich has a Great School System and this Property has Plenty of Land, and when you finish Renovating this Home and have it Sitting on this Pond, it will be an Amazing place that is Private yet still close to everything.

Last Agent to Sell the Property

Jason Lepore

(215) 688-1446 jasonremax@gmail.com RE/MAX Preferred - Mullica Hill License #9908882 Listed on: 10/22/2020

RE/MAX Preferred - Mullica Hill

Last Buyer's Agent

Jason Lepore

(215) 688-1446 jasonremax@gmail.com RE/MAX Preferred - Mullica Hill License #9908882 Listed on: 10/22/2020

RE/MAX Preferred - Mullica Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,687

Year Built

  • Built in 1932

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 266.00 x 208.00
  • Waterfront

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 756 Sq Ft Home
  • Property has 1.5 Levels
  • Family Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Water Oriented
  • Property is near a pond

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cesspool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 03-01303-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,687

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: refrigerator and dishwasher, possible oven to be replaced
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1.5
  • Room List: Kitchen, Family Room
  • Basement: No
  • Total Sq Ft: 756
  • Living Area Sq Ft: 756
  • Price Per Sq Ft: 198.41
  • Above Grade Finished Sq Ft: 756
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Cess Pool
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 37100.00
  • Land Assessed Value: 84800.00
  • Lot Size Acres: 1.27
  • Lot Dimensions: 266.00 x 208.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 55328.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1973700
  • Tax Annual Amount: 3687.00
  • Assessor Parcel Number: 03-01303-00009
  • Tax Lot: 00009
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: KINGSWAY REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 5, 2021
Sold by
Nolte Russell Henry and Pennington James C
Bought by
Schmidt Daniel Joseph
Seller's Agent
Jason Lepore
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Jason Lepore
RE/MAX Preferred - Mullica Hill
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$272,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,314
Avg. Annual Appreciation
17.18%
Original Mortgage
$20,000
Outstanding Balance
$7,241
Interest Rate
2.6%
Mortgage Type
Seller Take Back
Estimated Equity
$265,073

Purchase Details

Closed on
Oct 1, 2018
Sold by
Russel H Nolte
Bought by
Pennington Niki and Pennington James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
4.72%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Nolte Joan P and The Estate Of Russell H Nolte
Bought by
Pennington James C and Pennington Niki D

Purchase Details

Closed on
Aug 23, 1999
Sold by
Nolte Russell and Nolte Joan
Bought by
Nolte Russell H and Nolte Joan P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Daniel Joseph $125,000 City Abstract
Pennington Niki -- --
Pennington James C -- None Available
Nolte Russell H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Daniel Joseph $20,000
Previous Owner Pennington Niki $81,600
Previous Owner Pennington Niki --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $125,000 -16.7% $165 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $150,000 -- $198 / Sq Ft
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 $3,875 $121,900 $84,800 $37,100
2024 $3,752 $121,900 $84,800 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL266504

Bright MLS

APN: 03-01303-0000-00009