NOT LISTED FOR SALE

312 Methodist Rd Newport, NJ 08345

Estimated Value: $180,288 - $261,000

-- Bed
1 Bath
-- Sq Ft
0.28 Acres

Last Sold February 28, 2021

Last sale price $132,000

Est. 68% increase in value since last sale

Current estimated payment $1,656/month

165 Days on Market

Highlights

  • 0.28 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Farmhouse Style Home
  • Ceiling Fan

About This Home

As of February 2021

COUNTRY LIVING AT IT'S FINEST!!! Relax on huge front wrap around porch sipping some lemonade and watch the cars and people pass by! This 3 Bedroom, 1 Full Bath home, situated on a corner lot is a great opportunity for those looking to get away from the hustle bustle. Just minutes from the Delaware Bay and perfect for a starter home or second home! Have a boat? If not you may want one!! This two story home offers loads of potential! As expected, a country kitchen in this home awaits your finest meals!! Features a double sink and center island! Either chose the eat-in kitchen area for your dining or utilize the dining room, adjacent to the kitchen and spacious! The living room is located in the front of the home with a door to access the wrap around porch. There is also a family room / den, located on the first floor and features a wood burning stove to knock off the chills in the fall or winter months! Also great in reducing the heating bills! Large bathroom with tub has loads of built ins and cabinet space for lots of storage! The rear porch offers additional living space for the family and has many windows allow a view of the neighborhood and also let the breeze flow through as well as a gas heater for year round usage! Washer and Dryer are included and also located on the first floor. The three bedrooms are located on the 2nd floor. Roof is only 2 years old!! 5 year old natural gas heat! Give a call today to tour this lovely home!

Last Agent to Sell the Property

Vincent Parenti

Keller Williams Prime Realty Listed on: 08/10/2020

Keller Williams Prime Realty

Last Buyer's Agent

Mary and David Dean

Barragan Realty LLC License #8745122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,293

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Pitched Roof
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Property has 2 Levels
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Compactor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 04-00014-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,293

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: dishwasher, electric range, trash compactor
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: COUNTRY LIVING AT IT'S FINEST!!! Relax on huge front wrap around porch sipping some lemonade and watch the cars and people pass by! This 3 Bedroom, 1 Full Bath home, situated on a corner lot is a great opportunity for those looking to get away from the hustle bustle. Just minutes from the Delaware Bay and perfect for a starter home or second home! Have a boat? If not you may want one!! This two story home offers loads of potential! As expected, a country kitchen in this home awaits your finest meals!! Features a double sink and center island! Either chose the eat-in kitchen area for your dining or utilize the dining room, adjacent to the kitchen and spacious! The living room is located in the front of the home with a door to access the wrap around porch. There is also a family room / den, located on the first floor and features a wood burning stove to knock off the chills in the fall or winter months! Also great in reducing the heating bills! Large bathroom with tub has loads of built ins and cabinet space for lots of storage! The rear porch offers additional living space for the family and has many windows allow a view of the neighborhood and also let the breeze flow through as well as a gas heater for year round usage! Washer and Dryer are included and also located on the first floor. The three bedrooms are located on the 2nd floor. Roof is only 2 years old!! 5 year old natural gas heat! Give a call today to tour this lovely home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor, Washer, Dryer
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Beds/Baths

  • 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: Vinyl Siding
  • Roof: Asphalt, Architectural Shingle, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: DOWNE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397435
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 148500.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 0.28
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12197.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3111511
  • Tax Annual Amount: 4293.00
  • Assessor Parcel Number: 04-00014-00005
  • Tax Lot: 00005
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/28/2021

MLS Schools

  • School District Name: DOWNE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Mar 5, 2021
Sold by
Davis Madeline E Est
Bought by
Prince Kenneth A
Seller's Agent
Vincent Parenti
Keller Williams Prime Realty
Buyer's Agent
Mary and David Dean
Barragan Realty LLC
List Price
$131,500
Sold Price
$132,000
Premium/Discount to List
$500
0.38%
Current Estimated Value
$222,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,072
Avg. Annual Appreciation
13.63%
Original Mortgage
$129,609
Outstanding Balance
$117,498
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$113,839
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 Buyer Sale Price Title Company
Prince Kenneth A $132,000 Dominion Title Agency, Inc.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince Kenneth A $129,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2021 02/28/21 Sold $132,000 +0.4% --
01/22/2021 01/22/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $131,500 0.0% --
01/09/2021 01/09/21 Price Changed $131,500 0.0% --
01/09/2021 01/09/21 For Sale $131,500 +5.3% --
10/10/2020 10/10/20 Pending -- -- --
10/08/2020 10/08/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $124,900 -3.2% --
08/10/2020 08/10/20 For Sale $129,000 -- --
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
2024 $5,148 $178,500 $30,000 $148,500
2023 $4,695 $178,500 $30,000 $148,500
2022 $4,577 $178,500 $30,000 $148,500
2021 $4,043 $178,500 $30,000 $148,500
2020 $4,293 $178,500 $30,000 $148,500
2019 $4,222 $178,500 $30,000 $148,500
2018 $4,277 $178,500 $30,000 $148,500
2017 $4,107 $178,500 $30,000 $148,500
2016 $4,104 $178,500 $30,000 $148,500
2015 $3,598 $178,500 $30,000 $148,500
2014 $3,315 $178,500 $30,000 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB128190

Bright MLS

APN: 04-00014-0000-00005