NOT LISTED FOR SALE

407 Lake Ave Williamstown, NJ 08094

Estimated Value: $121,000 - $315,000

3 Beds
1 Bath
1,527 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $55,000 $36 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,414/month

Highlights

  • 4.92 Acre Lot
  • Rambler Architecture
  • No HOA

About This Home

As of February 2020

ALL APPOINTMENTS MUST BE MADE THRU BRIGHT. Wooded property with almost 5 acres of land with a 3 bedroom rancher. Value in the land. The house is in need of major repair. The property is sold AS IS. All showings before 4 and client and realtor must sign hold harmless.

Last Agent to Sell the Property

THERESA SIMONINI

(609) 364-2810 theresann@comcast.net Coldwell Banker Excel Realty Listed on: 07/04/2019

Coldwell Banker Excel Realty

Last Buyer's Agent

Edwina Pennino

(609) 805-1610 teampennino@comcast.net RE/MAX Preferred - Vineland

RE/MAX Preferred - Vineland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4.92 Acre Lot

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,527 Sq Ft Home
  • Property has 1 Level
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 11-01001-00028

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Remarks Public: ALL APPOINTMENTS MUST BE MADE THRU BRIGHT. Wooded property with almost 5 acres of land with a 3 bedroom rancher. Value in the land. The house is in need of major repair. The property is sold AS IS. All showings before 4 and client and realtor must sign hold harmless.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: Yes
  • Total Sq Ft: 1527
  • Living Area Sq Ft: 1527
  • Price Per Sq Ft: 32.68
  • Above Grade Finished Sq Ft: 1527
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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

Utilities

  • Central Air Conditioning: No
  • 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: MONROE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397493
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67600.00
  • Land Assessed Value: 72500.00
  • Lot Size Acres: 4.92
  • Lot Dimensions: Check tax map attached
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 214315.00
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2009947
  • Tax Annual Amount: 4982.00
  • Assessor Parcel Number: 11-01001-00028
  • Tax Lot: 00028
  • Tax Total Finished Sq Ft: 1527
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/26/2020

MLS Schools

  • School District Name: MONROE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Feb 19, 2020
Sold by
Jemlight Llc
Bought by
Patel Kishan
Seller's Agent
THERESA SIMONINI
Coldwell Banker Excel Realty
Buyer's Agent
Edwina Pennino
RE/MAX Preferred - Vineland
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Current Estimated Value
$220,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,871
Avg. Annual Appreciation
27.79%

Purchase Details

Closed on
Jun 11, 2004
Sold by
Monforte James M and Monforte Kathleen D
Bought by
Monforte James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Patel Kishan $55,000 Fidelity National Ttl Ins Co
Monforte James M $18,425 American Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monforte James M $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $55,000 +10.2% $36 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $49,900 -9.3% $33 / Sq Ft
01/10/2020 01/10/20 Price Changed $55,000 -6.8% $36 / Sq Ft
01/02/2020 01/02/20 Price Changed $59,000 -1.7% $39 / Sq Ft
12/03/2019 12/03/19 Price Changed $59,999 -4.0% $39 / Sq Ft
11/22/2019 11/22/19 Price Changed $62,500 -3.8% $41 / Sq Ft
11/04/2019 11/04/19 For Sale $65,000 0.0% $43 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $65,000 -5.8% $43 / Sq Ft
08/13/2019 08/13/19 Price Changed $69,000 -4.2% $45 / Sq Ft
08/02/2019 08/02/19 Price Changed $72,000 -8.9% $47 / Sq Ft
07/04/2019 07/04/19 For Sale $79,000 -- $52 / 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 $3,072 $83,900 $72,500 $11,400
2024 $3,050 $83,900 $72,500 $11,400
2023 $3,050 $83,900 $72,500 $11,400
2022 $3,036 $83,900 $72,500 $11,400
2021 $3,055 $83,900 $72,500 $11,400
2020 $5,095 $83,900 $72,500 $11,400
2019 $5,065 $140,100 $72,500 $67,600
2018 $4,982 $140,100 $72,500 $67,600
2017 $5,866 $165,600 $80,500 $85,100
2016 $5,791 $165,600 $80,500 $85,100
2015 $5,625 $165,600 $80,500 $85,100
2014 $5,461 $165,600 $80,500 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL244214

Bright MLS

APN: 11-01001-0000-00028