NOT LISTED FOR SALE

274 Shingowack Trail Medford, NJ 08055

Estimated Value: $478,732 - $541,000

3 Beds
2 Baths
1,530 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $260,000 $170 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,444/month

11 Days on Market

Highlights

  • Rambler Architecture
  • Stainless Steel Appliances
  • Laundry Room
  • Shawnee High School Rated A-
  • Living Room
  • More Than Two Accessible Exits

About This Home

As of July 2019

An absolutely adorable Three bedroom, two bath gem nestled in the historic cozy boro of Medford Lakes. Enter into the open living room, dining room and kitchen area to be welcomed by a large corner brick fireplace adorning one wall. This open plan is perfect for entertaining. Kitchen opens out to a large new composit 15x30 deck adjacent to a stone area landscaped around a blazing fire pit. The front of the house is so welcoming and provides a covered front porch to enjoy the relaxing pace of life in Medford Lakes. Across the street and down the hill is a boat launch to easily get you and your canoe out on the Lake. That is where the true beauty of Medford Lakes lies. Or take a short walk to the end of the block, make a right and straight ahead you will find one of Medford Lakes beautiful beaches where you can spend many hours of enjoyment on upper Lake Aetna.... no matter what season. In addition to all the Charms Medford Lakes Life offers, this quaint home offers Updated kitchen, new stainless steel appliances, granite counter tops and breakfast bar, New wood floors, Brand new AC AND FURNACE, New sink, Updated bathrooms, Fresh paint throughout, new deck, blacktop driveway, tons of parking, and a plush sod front and side yard adding to the bonuses this home offers. The rest of the lot is composed of the deck and stone area with fire pit. ..something for everyone!!! This warm home offers everything especially walking access to downtown Medford Lakes, Restaurants, and all the amenities downtown M. L. has to offer. The $5000 Lakes Bond required by the boro for the use of the Lakes is paid in full and will be transferred to the new owners, who only need pay the 450 Yearly dues and a one time start up fee of 200. An attached undersized garage has been converted to a storage room, but could be turned into another usable living space by an industrious buyer/do it yourselfers. Although located in the hub of South Jersey's lakes and nature, you are within convenient access to Philadelphia, New York, the Jersey Shore and the Atlantic City casinos. Lots of great wineries and historical venues like Batsto and Smithville are an enjoyable ride away. This well kept home is move in ready and just needs you to decide to Live the Dream...here in Historic Medford Lakes!!

Last Agent to Sell the Property

Denise Jiampetti

(609) 980-6833 denisejiampetti@hotmail.com HomeSmart First Advantage Realty License #673378 Listed on: 04/03/2019

HomeSmart First Advantage Realty

Last Buyer's Agent

Jennifer Cotton

(856) 745-8724 jenncotton@aol.com BHHS Fox & Roach-Moorestown License #9912118

BHHS Fox & Roach-Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1960

Lot Details

  • 8,364 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Property is zoned LR

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer
  • Gas Dryer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Shawnee High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Well
  • Water Heater

Community Details

  • $200 Recreation Fee

Listing and Financial Details

  • Tax Lot 00593
  • Assessor Parcel Number 21-20021-00593

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,960

Year Built

Built in 1960

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Cooktop, Dishwasher, Dryer - Gas, Microwave, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Disposal
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Bathroom 3
  • Basement: No
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Price Per Sq Ft: 176.14
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: 200.00
  • Association Recreation Fee: Yes

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SHAWNEE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 135400.00
  • Land Assessed Value: 79400.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 80 x 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8364.00
  • Zoning: LR

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1680849
  • Tax Annual Amount: 6960.00
  • Assessor Parcel Number: 21-20021-00593
  • Tax Lot: 00593
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jul 10, 2019
Sold by
Cooper James and Cooper Jamie L
Bought by
Devlin William J and Devlin Taylor
Seller's Agent
Denise Jiampetti
HomeSmart First Advantage Realty
Buyer's Agent
Jennifer Cotton
BHHS Fox & Roach-Moorestown
List Price
$269,500
Sold Price
$260,000
Premium/Discount to List
-$9,500
-3.53%
Current Estimated Value
$512,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,683
Avg. Annual Appreciation
11.21%
Original Mortgage
$255,290
Outstanding Balance
$222,160
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$290,523

Purchase Details

Listed on
Apr 1, 2012
Closed on
Jul 30, 2012
Sold by
Koreck Rebecca L
Bought by
Jiampetti Jamie L
Seller's Agent
Kathy Adams
BHHS Fox & Roach-Medford
Buyer's Agent
Denise Jiampetti
HomeSmart First Advantage Realty
List Price
$234,900
Sold Price
$222,000
Premium/Discount to List
-$12,900
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$217,979
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2007
Sold by
Koreck Rebecca L and Koreck Christopher L
Bought by
Koreck Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.23%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 2005
Sold by
Koreck Christopher L and Koreck Rebecca L
Bought by
Koreck Christopher L and Koreck Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 1996
Sold by
Burtoft Scott
Bought by
Koreck Christopher L and Marble Rebecca L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devlin William J $260,000 None Available
Jiampetti Jamie L $222,000 Commonwealth Land Title Insu
Koreck Rebecca L -- None Available
Koreck Christopher L -- --
Koreck Christopher L $127,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devlin William J $255,290
Previous Owner Jiampetti Jamie L $217,979
Previous Owner Koreck Rebecca L $187,000
Previous Owner Koreck Christopher L $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2019 07/02/19 Sold $260,000 -3.5% $170 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $269,500 +21.4% $176 / Sq Ft
07/30/2012 07/30/12 Sold $222,000 -5.5% $145 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $234,900 -- $154 / 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 $8,452 $222,300 $79,400 $142,900
2024 $7,992 $222,300 $79,400 $142,900
2023 $7,992 $222,300 $79,400 $142,900
2022 $7,818 $222,300 $79,400 $142,900
2021 $7,612 $222,300 $79,400 $142,900
2020 $7,403 $222,300 $79,400 $142,900
2019 $7,140 $214,800 $79,400 $135,400
2018 $6,960 $214,800 $79,400 $135,400
2017 $6,646 $214,800 $79,400 $135,400
2016 $6,481 $214,800 $79,400 $135,400
2015 $6,440 $214,800 $79,400 $135,400
2014 $6,289 $214,800 $79,400 $135,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL340736

Bright MLS

APN: 21-20021-0000-00593