NOT LISTED FOR SALE

40 Lakeview Ave Pennsville, NJ 08070

Estimated Value: $192,364 - $216,000

2 Beds
1 Bath
920 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $145,000 $158 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,464/month

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Paneling
  • Bungalow
  • Carpet

About This Home

As of August 2021

Situated in a USDA Loan Eligibility Area you can own this home for $974/month with taxes and insurance for NO MONEY DOWN* (*For those who Qualify) MOVE IN READY and COMPLETELY RENOVATED WITH NEW APPLIANCES, NEW WINDOWS, NEW BATHROOM NEW KITCHEN, NEW HVAC AND NEW FLOORING! Also situated in a GREAT LOCATION just WALKING DISTANCE to the PARK AND RIVER! PLUS it offers a FULLY FENCED YARD WITH SHED! PACK YOUR BAGS AND BRING YOUR TOOTHBRUSH THERE’S NOTHING TO DO TO THIS HOME BUT MOVE IN!! This ADORABLE bungalow is a perfect starter or downsizing home and offers an OPEN CONCEPT FLOOR PLAN for ease of socializing and entertaining in your home! From the street the newly painted home looks beautiful with its blue siding, white trim and stained steps with matching fence. You’ll quickly fall in love with this little gem! Stepping inside the home brand new Pergo Outlast flooring greets you and flows throughout the home. Neutral wall color will make decorating this home easy, Above you’ll notice the ceiling was carefully finished with shiplap and recessed lighting. Brand new windows allow for beautiful natural light to flow into the home. The kitchen has been completely remodeled with new cabinets, new appliances and sealed maple countertops. The bathroom is GORGEOUS with a CUSTOM TILED SHOWER WITH GLASS SURROUND, SHIPLAP WALLS, AND AN OVERSIZED QUARTZ VANITY. You’ll love using this beautiful bathroom every day! Both bedrooms have shiplap ceilings, new windows and neutral wall coloring. The utility room is also the laundry room and just off the kitchen, for your convenience. Outside the home has a fully fenced yard, where you can enjoy grilling and chilling, while the kids and pups can run and play safely! There’s also a shed for storage and pull down stairs for access to the attic storage space. The NEW HVAC is a Pioneer 18,000 BTU 1.5 Ton SEER Ductless Mini Split. Don’t miss an opportunity to own this sweet home! It’s been perfectly finished and ready for you to call it your home sweet home! Perfectly located walking distance to the Delaware River Bank and Riverview Beach Park, where there’s always something fun to do! It’s just 5 minutes from the Rt 40/NJ Turnpike/Rt 295 onramps and the Delaware Memorial Bridge for ease of travel in any direction. It’s 4 minutes to Acme Market and other nearby restaurants. Plus if you’re looking to travel via train, the Wilmington train station is only 15 minutes away!Buyer is responsible for obtaining flood insurance for this property.

Last Agent to Sell the Property

Karen Casey

(609) 617-2670 marla@nancykowalik.com RE/MAX Preferred - Cherry Hill License #0678608 Listed on: 06/15/2021

RE/MAX Preferred - Cherry Hill

Last Buyer's Agent

Giulio Leone

(856) 669-1539 buyandsellwithgiulio@gmail.com HomeSmart First Advantage Realty License #1865998

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,739

Year Built

  • Built in 1926

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Property is zoned 02

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 920 Sq Ft Home
  • Property has 1 Level
  • Paneling
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Pennsville Middle School
  • Pennsville Memorial High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Central Park Subdivision

Listing and Financial Details

  • Tax Lot 00038
  • Assessor Parcel Number 09-01708-00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,739

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 920
  • Living Area Sq Ft: 920
  • Price Per Sq Ft: 135.87
  • Above Grade Finished Sq Ft: 920
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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: Frame
  • Roof: Asphalt
  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PENNSVILLE MEMORIAL H.S.
  • Middle Or Junior School: PENNSVILLE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 43400.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: 02

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2202468
  • Tax Annual Amount: 3739.00
  • Assessor Parcel Number: 09-01708-00038
  • Tax Lot: 00038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 6, 2021
Sold by
Porecki Jonathan
Bought by
Cannon Lance
Seller's Agent
Karen Casey
RE/MAX Preferred - Cherry Hill
Buyer's Agent
Giulio Leone
HomeSmart First Advantage Realty
List Price
$125,000
Sold Price
$145,000
Premium/Discount to List
$20,000
16%
Current Estimated Value
$204,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,591
Avg. Annual Appreciation
8.48%
Original Mortgage
$146,464
Outstanding Balance
$133,181
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$71,410

Purchase Details

Listed on
Apr 8, 2020
Closed on
Oct 7, 2020
Sold by
Beals Melvin R
Bought by
Porecki Jonathan
Seller's Agent
David Wright
Mahoney Realty Pennsville, LLC
Buyer's Agent
Nancy Kowalik
Nancy Kowalik Real Estate Group
List Price
$49,900
Sold Price
$37,500
Premium/Discount to List
-$12,400
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
492.67%

Purchase Details

Closed on
Jan 9, 2017
Sold by
Beals Melvin R and Beals Stacie L
Bought by
Beals Melvin R

Purchase Details

Closed on
Mar 31, 1995
Sold by
Townsend Donald J
Bought by
Beals Melvin R and Beals Stacie L
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
Cannon Lance $145,000 National Integrity Llc
Porecki Jonathan $37,500 None Available
Beals Melvin R -- Salem Oak Title Agency Inc
Beals Melvin R $28,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon Lance $146,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $145,000 +16.0% $158 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $125,000 +233.3% $136 / Sq Ft
10/31/2020 10/31/20 Sold $37,500 -24.8% $41 / Sq Ft View Prior Sale
08/24/2020 08/24/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $49,900 -- $54 / 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 $4,639 $91,000 $40,000 $51,000
2024 $4,466 $91,000 $40,000 $51,000
2023 $4,466 $91,000 $40,000 $51,000
2022 $4,326 $91,000 $40,000 $51,000
2021 $3,856 $83,400 $40,000 $43,400
2020 $3,739 $83,400 $40,000 $43,400
2019 $3,554 $83,400 $40,000 $43,400
2018 $3,426 $83,400 $40,000 $43,400
2017 $3,305 $83,400 $40,000 $43,400
2016 $3,042 $83,400 $40,000 $43,400
2015 $2,902 $83,400 $40,000 $43,400
2014 $2,825 $83,400 $40,000 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA142220

Bright MLS

APN: 09-01708-0000-00038