NOT LISTED FOR SALE

401-403 W Mcneal St Millville, NJ 08332

Estimated Value: $240,000 - $360,000

5 Beds
3 Baths
2,184 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $63,000 $29 Per Sq Ft

Est. 385% increase in value since last sale

Current estimated payment $2,005/month

90 Days on Market

Highlights

  • Porch
  • Eat-In Kitchen
  • Living Room

About This Home

As of August 2019

Call appointment line for showing instructions. This property qualifies for the FIRST LOOK INITIATIVE through 04/19/2019. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary home. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot, structure, HOA fees and capital contribution. ****Please see associated docs for inspection reports and Offer sheet.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 03/29/2019

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 1.15

Home Design

  • Triplex

Interior Spaces

  • 2,184 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Porch
  • Lot Dimensions are 50x100

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 13 / 301

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • District Township: 17-Out Of County
  • Estimated Year Built: 1875
  • New Construction: No
  • Lot Size2: 50x100
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1875

Interior Features

  • Total Bathrooms: 3
  • Total Sq Ft: 2184
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen

Exterior Features

  • Outside Features: Porch

Utilities

  • Separate Meter: Electric, Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Number: 13
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 4097
  • Tax Year: 2018

Multi Family

  • Number Of Units: 3
  • Total Rent: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Sunnyvale Properties Llc
Bought by
Varallo Luke
Current Estimated Value
$305,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Outstanding Balance
$315,758
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
-$10,167

Purchase Details

Closed on
Mar 7, 2018
Sold by
Austino Robert A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2007
Sold by
Thistleton Marlyn H
Bought by
Wooding Jimmie Dale

Purchase Details

Closed on
Nov 4, 2005
Sold by
Reese Thomas W
Bought by
Thistelton Marilyn

Purchase Details

Closed on
Dec 3, 2003
Sold by
T & R Reese Llc
Bought by
Thisleton Marilyn

Purchase Details

Closed on
Jul 30, 1999
Sold by
Hood Bonnie E
Bought by
Reese Thomas W and Reese Ramona R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.61%
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
Varallo Luke $325,000 Fidelity National Title
Federal National Mortgage Association -- --
Wooding Jimmie Dale $180,100 --
Thistelton Marilyn -- --
Thisleton Marilyn $113,500 --
Reese Thomas W $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varallo Luke $319,113
Previous Owner Reese Thomas W $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $63,000 -36.9% $29 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $99,900 -- $46 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $4,773 $121,600 $14,000 $107,600
2024 $4,773 $121,600 $14,000 $107,600
2023 $4,733 $121,600 $14,000 $107,600
2022 $4,610 $121,600 $14,000 $107,600
2021 $4,460 $121,600 $14,000 $107,600
2020 $4,386 $121,600 $14,000 $107,600
2019 $4,183 $121,600 $14,000 $107,600
2018 $4,097 $121,600 $14,000 $107,600
2017 $4,059 $121,600 $14,000 $107,600
2016 $4,008 $121,600 $14,000 $107,600
2015 $3,918 $121,600 $14,000 $107,600
2014 $3,925 $121,600 $14,000 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186947

Cape May County Association of REALTORS®

APN: 10-00301-0000-00013