Seller's Agent in 2016
Edward English
EXP Realty, LLC
(609) 217-3600
1 in this area
29 Total Sales
398 Kings Hwy Mickleton, NJ 08056
East Greenwich Township NeighborhoodEstimated Value: $447,000 - $820,000
--
Bed
--
Bath
4,736
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- 1.04 Acre Lot
- No HOA
- Security Gate
- Wood Flooring
- 4 Car Detached Garage
- En-Suite Primary Bedroom
About This Home
As of April 2016If you are looking for a Turn Key Investment Property you may have just found it! "Skyway" is a well known Historic 4 Unit Building in the Mickleton are of East Greenwich that has some amazing features. Every unit has it's own Fireplace and every unit also has a Private Outdoor Space. First Floor Units have a Screened in Patio and the Second Floor Units have their own open Deck. Beautiful Woodwork exists throughout the building as well as Hardwood Floors. The First Floor Units also boast 9 Foot Ceilings. The property consists of 3 Two Bedroom Units and 1 One Bedroom Unit. All are currently rented and all are in great shape! Every unit also has it's own space in the Basement where they each have their own Laundry Hookups and Laundry Sinks as well as room for storage! Additional Income comes in from 5 Detached Garage Spaces and another Free Standing Historic Building complete with it's own Pot Belly Stove. This is an amazing property that has a long history of successfully being rented. All of the Electric has been upgraded and the Septic System was just installed 1 year ago.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,633
Year Built
- Built in 1850
Lot Details
- 1.04 Acre Lot
- Lot Dimensions are 182x250
- Property is in good condition
Parking
- 4 Car Detached Garage
- 8 Open Parking Spaces
- Parking Lot
Home Design
- Quadruplex
- Brick Foundation
- Stone Foundation
- Pitched Roof
- Shingle Roof
- Slate Roof
- Aluminum Siding
Interior Spaces
- En-Suite Primary Bedroom
- 4,736 Sq Ft Home
- Replacement Windows
- Security Gate
- Washer and Dryer Hookup
Flooring
- Wood
- Tile or Brick
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Eco-Friendly Details
- Energy-Efficient Windows
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- 200+ Amp Service
- Natural Gas Water Heater
- On Site Septic
- Cable TV Available
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 03-00907-00001
Community Details
Overview
- No Home Owners Association
Building Details
- Other Expense $6,400
- Operating Expense $19,033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 3, 2021
Sold by
May Michael and May Kelsey
Bought by
Mickleton Skyway Llc
Total Days on Market
37
Current Estimated Value
Purchase Details
Closed on
Apr 8, 2021
Sold by
Mickleton Skyway Llc
Bought by
May Michael and May Kelsey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2016
Sold by
May Michael A and May Kelsey A
Bought by
Mickleton Skyway Llc
Purchase Details
Listed on
Feb 11, 2016
Closed on
Apr 29, 2016
Sold by
Lamson Marc Lee and Estate Of Lois F Lamson
Bought by
May Michael A and May Kelsey A
Seller's Agent
Edward English
EXP Realty, LLC
Buyer's Agent
Rose Simila
Home and Heart Realty
List Price
$450,000
Sold Price
$452,000
Premium/Discount to List
$2,000
0.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$339,000
Interest Rate
3.71%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mickleton Skyway Llc | -- | None Available | |
| May Michael | -- | Surety Title Company Llc | |
| Mickleton Skyway Llc | -- | Surety Title Co Llc | |
| May Michael A | $452,000 | Surety Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | May Michael | $337,000 | |
| Previous Owner | May Michael A | $339,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $452,000 | +0.4% | $95 / Sq Ft |
| 03/19/2016 03/19/16 | Pending | -- | -- | -- |
| 02/11/2016 02/11/16 | For Sale | $450,000 | -- | $95 / Sq Ft |
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 | $12,672 | $411,700 | $90,500 | $321,200 |
| 2023 | $12,672 | $411,700 | $90,500 | $321,200 |
| 2022 | $12,314 | $411,700 | $90,500 | $321,200 |
| 2021 | $12,396 | $411,700 | $90,500 | $321,200 |
| 2020 | $12,454 | $411,700 | $90,500 | $321,200 |
| 2019 | $12,326 | $411,700 | $90,500 | $321,200 |
| 2018 | $13,514 | $409,900 | $81,400 | $328,500 |
| 2017 | $13,338 | $409,900 | $81,400 | $328,500 |
| 2016 | $13,182 | $409,900 | $81,400 | $328,500 |
| 2015 | $12,633 | $409,900 | $81,400 | $328,500 |
| 2014 | $11,854 | $409,900 | $81,400 | $328,500 |
Source: Public Records
Agents Affiliated with this Home
-
Edward English
-
Rose Simila
Buyer's Agent in 2016
Rose Simila
Home and Heart Realty
(856) 418-1324
13 in this area
369 Total Sales
Map
Source: Bright MLS
MLS Number: 1003970383
APN: 03-00907-0000-00001
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