NOT LISTED FOR SALE

406 Wheatley Ave Beverly, NJ 08010

Estimated Value: $218,000 - $321,000

2 Beds
1 Bath
-- Sq Ft
9,030 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $125,000

Est. 102% increase in value since last sale

Current estimated payment $1,896/month

55 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2019

Come see this updated home with fresh paint & floors and must have kitchen. Large lower level basement with workshop area.New Stainless stove and refrigerator.Seller will assist with up to 5,000 in closing costs w acceptable offer. Make appointment to see

Last Agent to Sell the Property

Christopher Waaben

Maximum Realty Services License #8838854 Listed on: 02/01/2019

Last Buyer's Agent

Michelle Carite

Weichert Realtors - Moorestown License #233422

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1950 | Remodeled in 2018

Lot Details

  • 9,030

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 9,030 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 02-00308-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,064

Year Built

Built in 1950 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-02-04
  • Year Built: 1950
  • Year Renovated: 2018
  • Remarks Public: Come see this updated home with fresh paint & floors and must have kitchen. Large lower level basement with workshop area.New Stainless stove and refrigerator.Seller will assist with up to 5,000 in closing costs w acceptable offer. Make appointment to see
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

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
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BEVERLY CITY
  • School District Key: 300200396952
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67800.00
  • Land Assessed Value: 43300.00
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9030.00
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1596683
  • Tax Annual Amount: 5064.00
  • Assessor Parcel Number: 02-00308-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/15/2019

MLS Schools

  • School District Name: BEVERLY CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 23, 2019
Sold by
Edwal Investments Llc
Bought by
Trout Kevin
Seller's Agent
Christopher Waaben
Maximum Realty Services
Buyer's Agent
Michelle Carite
Weichert Realtors - Moorestown
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Total Days on Market
55
Current Estimated Value
$252,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,327
Avg. Annual Appreciation
12.25%
Original Mortgage
$122,735
Outstanding Balance
$111,234
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$141,093

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 5, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Edwal Investments Llc
Seller's Agent
Ronald Rudolph
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Christopher Waaben
Maximum Realty Services
List Price
$71,000
Sold Price
$64,000
Premium/Discount to List
-$7,000
-9.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.88%
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2018
Sold by
Freedom Mortgage Corp
Bought by
Secretary Of Hud Of Washington D C

Purchase Details

Closed on
Jul 24, 2018
Sold by
Freedom Mortgage Corporation
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 11, 2018
Sold by
Thomas Gina N and Iacovelli John M
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Jan 25, 2016
Sold by
Iacovelli John M
Bought by
Thomas Gina N

Purchase Details

Closed on
Oct 29, 2014
Sold by
Iacovelli John M and Karamanoogian Gina N
Bought by
Iacovelli John M and Thomas Gina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,360
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2007
Sold by
Brooks Richard G
Bought by
Iacovelli John M and Karamanoogian Gina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,578
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2004
Sold by
Simmons Theresa A
Bought by
Brooks Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,264
Interest Rate
5.83%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2003
Sold by
Lalone Charles
Bought by
Simmons Theresa A

Purchase Details

Closed on
Jul 20, 1995
Sold by
Lalone Martha
Bought by
Lalone Charles and Lalone Martha
Source: Public Records

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Range of Values:

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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
Trout Kevin $125,000 Surety Title Company
Edwal Investments Llc $64,000 Trident Abstract Ttl Agcy Ll
Secretary Of Hud Of Washington D C -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Freedom Mortgage Corporation -- None Available
Thomas Gina N -- Attorney
Iacovelli John M -- Hunter Title Agency Inc
Iacovelli John M $162,000 United Title & Abstract
Brooks Richard G $110,500 Congress Title Corp
Simmons Theresa A -- --
Lalone Charles -- --
Lalone Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trout Kevin $122,735
Previous Owner Edwal Investments Llc $80,000
Previous Owner Iacovelli John M $140,360
Previous Owner Iacovelli John M $157,578
Previous Owner Brooks Richard G $116,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $125,000 -2.0% --
03/01/2019 03/01/19 Price Changed $127,500 -1.8% --
02/04/2019 02/04/19 For Sale $129,900 +103.0% --
12/07/2018 12/07/18 Sold $64,000 -9.9% $86 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $71,000 0.0% $95 / Sq Ft
08/15/2012 08/15/12 Rented $1,200 -20.0% --
07/15/2012 07/15/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $1,500 -- --
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 $5,848 $117,200 $43,300 $73,900
2023 $5,848 $117,200 $43,300 $73,900
2022 $5,921 $117,200 $43,300 $73,900
2021 $5,777 $117,200 $43,300 $73,900
2020 $5,619 $117,200 $43,300 $73,900
2019 $5,188 $111,100 $43,300 $67,800
2018 $5,064 $111,100 $43,300 $67,800
2017 $5,002 $111,100 $43,300 $67,800
2016 $4,932 $111,100 $43,300 $67,800
2015 $4,876 $111,100 $43,300 $67,800
2014 $4,648 $111,100 $43,300 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL300580

Bright MLS

APN: 02-00308-0000-00005