$60,000
SOLD MAY 31, 2013

260 Regional Dr Penns Grove, NJ 08069

4 Beds
1 Bath
1,020 Sq Ft
7,425 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

20% Below List Price

Highlights

  • Cape Cod Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Back, Front, and Side Yard

About This Home

As of June 2022

Investors take note, tenant occupied, this brick cape cod home with concrete driveway and fenced rear yard is bringing income. Great location, walking distance to the high school.Oil fired hot air heater approx 5 years old. Wood floors under carpeting and other floor coverings. Great opportunity to buy a reasonably priced income property.

Last Agent to Sell the Property

Brian Savarese

(856) 466-0629 vbsavarese@yahoo.com American Dream Realty of South Jersey License #8530869 Listed on: 11/07/2012

Last Buyer's Agent

Rochelle Doran

(856) 491-8933 ann.doran@foxroach.com BHHS Fox & Roach-Mullica Hill South License #1004410

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,956

Year Built

  • Built in 1937

Lot Details

  • 7,425 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1.5 Levels
  • Living Room
  • Eat-In Kitchen
  • Laundry on lower level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Schools

  • Lafayette-Pershing Elementary School
  • Penns Grove Middle School
  • Penns Grove High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 02-00070-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,956

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: All Personal Property
  • Inclusions: Elec Range
  • New Construction: No
  • Story List: Main
  • Year Built: 1937
  • Remarks Public: Investors take note, tenant occupied, this brick cape cod home with concrete driveway and fenced rear yard is bringing income. Great location, walking distance to the high school.Oil fired hot air heater approx 5 years old. Wood floors under carpeting and other floor coverings. Great opportunity to buy a reasonably priced income property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1.5
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Street Number Modifier: 260

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • Elementary School: LAFAYETTE-PERSHING SCHOOL
  • Middle School: PENNS GROVE
  • High School: PENNS GROVE
  • School District Key: 300200397143
  • Elementary School: LAFAYETTE-PERSHING SCHOOL
  • High School: PENNS GROVE
  • Middle Or Junior School: PENNS GROVE

Lot Info

  • Improvement Assessed Value: 88200.00
  • Land Assessed Value: 38600.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.17
  • Lot Dimensions: 55X135
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7425.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2191165
  • Tax Annual Amount: 2956.00
  • Assessor Parcel Number: 02-00070-00016
  • Tax Lot: 00016
  • Tax Year: 2011
  • Close Date: 05/31/2013

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

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
$152,000

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
$159,811
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$7,811

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
10.23%
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
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 Type Sale Price Title Company
Deed -- Madison Title
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
Closed $165,000 New Conventional
Previous Owner $127,350 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $110,000 -12.0% $84 / Sq Ft View Prior Sale
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

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 $3,451 $168,500 $47,700 $120,800
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

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Map

Source: Bright MLS

MLS Number: 1004166678

Bright MLS

APN: 02-00070-0000-00016