NOT LISTED FOR SALE

297 Landing Rd Newport, NJ 08345

Estimated Value: $222,230 - $338,000

-- Bed
-- Bath
-- Sq Ft
1.05 Acres

Last Sold January 30, 2018

Last sale price $34,125

Est. 730% increase in value since last sale

Current estimated payment $1,931/month

70 Days on Market

Highlights

  • 1.05 Acre Lot
  • Wood Siding
  • Heating System Uses Gas
  • No HOA

About This Home

As of January 2018

This Fannie Mae Homepath property features 2 single family dwellings. First property is a beautiful Victorian with an inviting front porch,original trim and high ceilings. Home has kitchen, living room, dining room, family room plus 3 bedrooms and 1.5 baths. 2nd unit has kitchen open to large living room that has sliding glass doors to rear deck over looking the creek upstairs has office spacious bedroom also with deck overlooking the creek. Close to Delaware bay.

Last Agent to Sell the Property

Michele Kelly

(856) 457-2830 michele@skellyrealestate.com S. Kelly Real Estate LLC License #9696746 Listed on: 10/31/2017

Last Buyer's Agent

Michele Kelly

(856) 457-2830 michele@skellyrealestate.com S. Kelly Real Estate LLC License #9696746 Listed on: 10/31/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.05

Home Design

  • Duplex
  • Wood Siding

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Partial Basement
  • 1.05 Acre Lot

Community Details

  • No Home Owners Association
  • Operating Expense $5,145

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 04-00012-00010

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Wood Siding
  • 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: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 183600.00
  • Land Assessed Value: 40200.00
  • Lot Size Acres: 1.05
  • Lot Dimensions: 1.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Property Attached Yn: Yes
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3111472
  • Tax Annual Amount: 5145.00
  • Assessor Parcel Number: 04-00012-00010
  • Tax Lot: 00010
  • Tax Year: 2016

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jan 22, 2018
Sold by
Fnma
Bought by
Connors William J
Seller's Agent
Michele Kelly
S. Kelly Real Estate LLC
Buyer's Agent
Michele Kelly
S. Kelly Real Estate LLC
List Price
$54,000
Sold Price
$34,125
Premium/Discount to List
-$19,875
-36.81%
Current Estimated Value
$283,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,183
Avg. Annual Appreciation
30.95%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Reed Rose M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 1997
Sold by
Behrens Paul
Bought by
Reed Rose M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Connors William J $34,125 --
Federal National Mortgage Association -- None Available
Reed Rose M $99,250 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $34,125 -24.2% --
11/08/2017 11/08/17 Price Changed $45,000 -16.7% --
10/31/2017 10/31/17 For Sale $54,000 -- --
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 $5,341 $185,200 $40,200 $145,000
2024 $5,341 $185,200 $40,200 $145,000
2023 $4,871 $185,200 $40,200 $145,000
2022 $4,749 $185,200 $40,200 $145,000
2021 $4,514 $185,200 $40,200 $145,000
2020 $4,454 $185,200 $40,200 $145,000
2019 $4,380 $185,200 $40,200 $145,000
2018 $5,362 $223,800 $40,200 $183,600
2017 $5,150 $223,800 $40,200 $183,600
2016 $5,145 $223,800 $40,200 $183,600
2015 $4,825 $223,800 $40,200 $183,600
2014 $4,811 $240,900 $40,200 $200,700
Source: Public Records

Agents Affiliated with this Home

  • Michele Kelly

    Seller's Agent in 2018

    Michele Kelly

    S. Kelly Real Estate LLC

    (856) 457-2830

    5 in this area

    288 Total Sales

    Michele Kelly
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003975043

Bright MLS

APN: 04-00012-0000-00010

New Jersey Cumberland County Newport 08345

297 Landing Rd, Newport, NJ

Not Listed for Sale

MultiFamily

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