260 Regional Dr Penns Grove, NJ 08069
4
Beds
1
Bath
1,305
Sq Ft
7,427
Sq Ft Lot
Highlights
- Contemporary Architecture
- No HOA
- Forced Air Heating System
About This Home
As of June 2022Investor Alert! Here’s an affordable turn-key property to add to your portfolio! Currently, this adorable 4 bedroom/1 bath Cape Cod Style home is tenant occupied and the tenants are paying $1,100/month. Completely wrapped in brick, this home is low maintenance and was built to last! There’s a fenced, tree-lined backyard with a concrete patio. Low taxes! Oil Forced Air Heat. Conveniently located within walking distance to the High School and just 7 minutes from the Delaware Memorial Bridge and tax-free shopping in Delaware, 9 minutes to Acme, 14 minutes to Walmart.
The homeowner would prefer to sell to an investor looking to honor the current tenants occupying the home.
Last Agent to Sell the Property
RE/MAX Preferred - Cherry Hill License #0678608 Listed on: 03/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,105
Year Built
- Built in 1945
Lot Details
- 7,427 Sq Ft Lot
- Lot Dimensions are 55.00 x 135.00
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,305 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
Schools
- Woodstown Middle School
- Penns Grove High School
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00016
- Assessor Parcel Number 02-00070-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 22, 2023
Sold by
Winter 2022 Llc
Bought by
Winter Refi 2023 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$160,913
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$4,087
Purchase Details
Listed on
Mar 28, 2022
Closed on
Jun 2, 2022
Sold by
Jason Schwager
Bought by
Winter 2022 Llc
Seller's Agent
Karen Casey
RE/MAX Preferred - Cherry Hill
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$127,350
Interest Rate
4.32%
Mortgage Type
Construction
Purchase Details
Listed on
Nov 7, 2012
Closed on
May 30, 2013
Sold by
Nines James F
Bought by
Schwager Jason
Seller's Agent
Brian Savarese
American Dream Realty of South Jersey
Buyer's Agent
Rochelle Doran
BHHS Fox & Roach-Mullica Hill South
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Purchase Details
Closed on
Oct 1, 2009
Sold by
Reed Joseph Gary
Bought by
Nines James F
Similar Homes in Penns Grove, NJ
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Madison Title | |
| Deed | $110,000 | Madison Title | |
| Deed | $60,000 | West Jersey Title Agency | |
| Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | New Conventional | |
| Previous Owner | $127,350 | Construction | |
| Previous Owner | $69,750 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $110,000 | -12.0% | $84 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | Price Changed | $125,000 | -10.7% | $96 / Sq Ft |
| 03/28/2022 03/28/22 | For Sale | $140,000 | +133.3% | $107 / Sq Ft |
| 05/31/2013 05/31/13 | Sold | $60,000 | -13.0% | $59 / Sq Ft |
| 05/21/2013 05/21/13 | Pending | -- | -- | -- |
| 01/30/2013 01/30/13 | Price Changed | $69,000 | 0.0% | $68 / Sq Ft |
| 12/07/2012 12/07/12 | Rented | $1,100 | -98.5% | -- |
| 11/14/2012 11/14/12 | Under Contract | -- | -- | -- |
| 11/07/2012 11/07/12 | For Sale | $75,000 | 0.0% | $74 / Sq Ft |
| 10/09/2012 10/09/12 | For Rent | $1,100 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $3,332 | $93,600 | $25,600 | $68,000 |
| 2023 | $3,332 | $93,600 | $25,600 | $68,000 |
| 2022 | $3,136 | $93,600 | $25,600 | $68,000 |
| 2021 | $3,106 | $93,600 | $25,600 | $68,000 |
| 2020 | $3,133 | $93,600 | $25,600 | $68,000 |
| 2019 | $3,159 | $93,600 | $25,600 | $68,000 |
| 2018 | $3,143 | $99,800 | $29,400 | $70,400 |
| 2017 | $2,930 | $99,800 | $29,400 | $70,400 |
| 2016 | $2,823 | $99,800 | $29,400 | $70,400 |
| 2015 | $3,420 | $126,800 | $38,600 | $88,200 |
| 2014 | $3,237 | $126,800 | $38,600 | $88,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Karen Casey
RE/MAX
(609) 617-2670
6 in this area
445 Total Sales
-
d
Buyer's Agent in 2022
datacorrect BrightMLS
Non Subscribing Office
-
Seller's Agent in 2013
Brian Savarese
American Dream Realty of South Jersey
(856) 466-0629
7 in this area
19 Total Sales
-
R
Buyer's Agent in 2013
Rochelle Doran
BHHS Fox & Roach
(856) 491-8933
4 Total Sales
-
L
Buyer's Agent in 2012
Liz Ellsworth
American Dream Realty of South Jersey
Map
Source: Bright MLS
MLS Number: NJSA2003416
APN: 02-00070-0000-00016
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