NOT LISTED FOR SALE

405 Summit Ave Paulsboro, NJ 08066

Estimated Value: $201,787 - $270,000

4 Beds
1 Bath
1,440 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $111,835 $78 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,507/month

5 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Attic
  • Open Floorplan
  • Wood Flooring
  • No HOA

About This Home

As of February 2021

Welcome to this beautiful-Colonial style single family home! Fits perfect for a large family looking for an affordable home or a first time home buyer. Become part of this quiet neighborhood that offers extremely low property taxes. Walk through the front door into the combined Living/Dining room & notice the hardwood throughout the main floor. Enter the Gourmet kitchen as you walk through the living-room. Walk up the wooden stairs to the second floor and enter your own reading loft . Three of the four bedrooms are on this floor and one is on the first. There's a side-door off the kitchen that allows access to the enclosed backyard. Enjoy some leisure time in the fully finished basement. VERY MOTIVATED SELLER!!!!!!!!!! Offer Now Home Won't Be On The Market Long!!!!!!

Last Agent to Sell the Property

Craig Bell

(856) 491-3006 craigB2424@yahoo.com HomeSmart First Advantage Realty License #1752642 Listed on: 01/18/2021

HomeSmart First Advantage Realty

Last Buyer's Agent

Scott Sempier

(856) 287-3008 scottsempier@gmail.com Coldwell Banker Realty License #2082501

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1947

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 120.00
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Dining Area
  • Efficiency Studio
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement
  • Attic Fan

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed

Utilities

  • 90% Forced Air Heating and Cooling System
  • 150 Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 14-00117-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Central Vacuum, Dishwasher, Microwave, Oven - Single, Oven/Range - Gas, Refrigerator, Stove, Water Heater, Water Heater - High-Efficiency, Water Heater - Tankless
  • Flooring Type: Hardwood
  • Interior Amenities: Attic/House Fan, Attic, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Efficiency, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Gourmet, Wood Floors
  • Window Features: Energy Efficient
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 115.97
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding, Brick, Brick Front
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 69700.00
  • Land Assessed Value: 21500.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent, Very Good, Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2023182
  • Tax Annual Amount: 3836.00
  • Assessor Parcel Number: 14-00117-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 26, 2021
Sold by
Norris Michael K and Norris Kerri
Bought by
Bryant James P and Lucera Danielle C
Seller's Agent
Craig Bell
HomeSmart First Advantage Realty
Buyer's Agent
Scott Sempier
Coldwell Banker Realty
List Price
$167,000
Sold Price
$111,835
Premium/Discount to List
-$55,165
-33.03%
Current Estimated Value
$226,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,862
Avg. Annual Appreciation
15.58%
Original Mortgage
$109,808
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2011
Sold by
Housing Program Development Corporation
Bought by
Norris Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,750
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Federal National Mortgage Association
Bought by
Housing Program Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,300
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2010
Sold by
Beaumont Stephen J and Beaumont Ruthann
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,300
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Clark Alan and Beaumont Ruthann
Bought by
Beaumont Stephen J and Beaumont Ruthann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
6.67%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Midili Munzio J
Bought by
Clark Alan L and Clark Ruthann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,714
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bryant James P $111,835 National Integrity Ttl Agcy
Norris Michael K $90,000 Surety Title Corporation
Housing Program Development Corporation $108,400 Surety Title Corporation
Federal National Mortgage Association -- None Available
Beaumont Stephen J -- --
Clark Alan L $60,000 Homestead Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryant James P $109,808
Previous Owner Norris Michael K $86,750
Previous Owner Housing Program Development Corporation $81,300
Previous Owner Beaumont Stephen J $61,600
Previous Owner Clark Alan L $59,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $111,835 -33.0% $78 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $167,000 -- $116 / 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 $4,013 $91,200 $21,500 $69,700
2024 $4,009 $91,200 $21,500 $69,700
2023 $4,009 $91,200 $21,500 $69,700
2022 $3,936 $91,200 $21,500 $69,700
2021 $3,860 $91,200 $21,500 $69,700
2020 $3,836 $91,200 $21,500 $69,700
2019 $3,715 $91,200 $21,500 $69,700
2018 $3,503 $91,200 $21,500 $69,700
2017 $3,488 $91,200 $21,500 $69,700
2016 $3,323 $91,200 $21,500 $69,700
2015 $3,304 $91,200 $21,500 $69,700
2014 $3,408 $101,200 $23,500 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL270062

Bright MLS

APN: 14-00117-0000-00003