NOT LISTED FOR SALE

407 Colorado Trail Browns Mills, NJ 08015

Estimated Value: $382,000 - $412,000

3 Beds
3 Baths
1,464 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $340,000 $232 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,648/month

326 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Deck
  • No HOA
  • Oversized Lot

About This Home

As of August 2023

Nestled in the Presidential Lake Community of Browns Mills is where you will find this 3 bedroom/3 bath Rancher waiting for new owners....Plenty of room in your spacious Eat-in Kitchen w/lots of granite counter space skylight, Stainless Steel stove, microwave, dishwasher and replaced refrigerator with open floor plan to your Dining Area w/sliders leading out to your deck...Relax in your Living Room which features high end tiger-wood flooring, vaulted ceiling and gas fireplace... Primary Bedroom features vaulted ceiling and en-suite...Full Finished Basement has 2 10x10 rooms plus a huge Family Room ! This property is currently tenant occupied; potential investment property with excellent tenant willing to stay w/signed lease or available for potential owner occupancy

Last Agent to Sell the Property

Sharon Asay

Crossroads Realty Inc-Berkeley Listed on: 05/06/2023

Last Buyer's Agent

Christine Earley

RE/MAX Live Well License #0559859

RE/MAX Live Well

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 80 x 250
  • Oversized Lot
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 29-00748-0000-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,678

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Dec Molding, Sliding Door, Breakfast Bar, Recessed Lighting
  • Green Power: Solar: Purchase Power Agreement
  • Year Built: 1998
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.46
  • General Property Info Lot Dimensions: 80 x 250
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Floors Tile: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Security System3: Yes
  • Laundry Level Basement20: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.46
  • Waterfront: No
  • Exclusions: personal belongings
  • Exterior Features: Deck, Security System, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 250
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 29-00748-0000-00015
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5678.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Aug 3, 2023
Sold by
407 Colorado Trail Llc
Bought by
Meyers Kelly A
Seller's Agent
Sharon Asay
Crossroads Realty Inc-Berkeley
Buyer's Agent
Christine Earley
RE/MAX Live Well
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Views
210
Current Estimated Value
$397,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,311
Avg. Annual Appreciation
7.30%
Original Mortgage
$333,841
Outstanding Balance
$326,234
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$71,077

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 21, 2020
Sold by
Mason Bruce T
Bought by
407 Colorado Trail Llc
Seller's Agent
Susan Wills
EXP Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$2,200

Purchase Details

Closed on
Aug 20, 2018
Sold by
Mason Bruce T and Mason Kye Hwa
Bought by
Mason Bruce T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,360
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Dec 30, 2005
Sold by
Bates Gregory A and Bates Terra M
Bought by
Mason Bruce T and Mason Kye Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,700
Interest Rate
6.31%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 2003
Sold by
Martinez Vincent and Hayes Martinez Michelle
Bought by
Bates Gregory and Bates Terra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1998
Sold by
Danitom Development Inc
Bought by
Martinez Vincent and Hayes Martinez Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,994
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 1998
Sold by
Just Ring Associates
Bought by
Danitom Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.95%
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
Meyers Kelly A $340,000 Wfg National Title
407 Colorado Trail Llc -- None Available
Mason Bruce T -- None Available
Mason Bruce T $259,900 None Available
Bates Gregory $194,900 Congress Title
Martinez Vincent $139,800 Surety Title Corporation
Danitom Development Inc $54,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Kelly A $333,841
Previous Owner Mason Bruce T $205,360
Previous Owner Mason Bruce T $228,700
Previous Owner Bates Gregory $29,200
Previous Owner Bates Gregory $155,900
Previous Owner Martinez Vincent $143,994
Previous Owner Danitom Development Inc $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $340,000 +3.0% $232 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $330,000 -1.5% $225 / Sq Ft
07/10/2022 07/10/22 For Sale $335,000 0.0% $229 / Sq Ft
08/16/2020 08/16/20 Rented $2,200 0.0% --
07/27/2020 07/27/20 Under Contract -- -- --
06/11/2020 06/11/20 For Rent $2,200 0.0% --
01/21/2020 01/21/20 Rented $2,200 0.0% --
01/15/2020 01/15/20 Under Contract -- -- --
11/20/2019 11/20/19 For Rent $2,200 -- --
Source: MOREMLS (Monmouth Ocean Regional 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 $6,817 $222,400 $40,000 $182,400
2024 $6,396 $222,400 $40,000 $182,400
2023 $6,396 $222,400 $40,000 $182,400
2022 $5,920 $222,400 $40,000 $182,400
2021 $5,678 $222,400 $40,000 $182,400
2020 $5,464 $222,400 $40,000 $182,400
2019 $5,233 $222,400 $40,000 $182,400
2018 $5,055 $222,400 $40,000 $182,400
2017 $4,701 $222,400 $40,000 $182,400
2016 $5,331 $149,300 $27,000 $122,300
2015 $5,286 $149,300 $27,000 $122,300
2014 $5,043 $149,300 $27,000 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22221635

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00748-0000-00015