NOT LISTED FOR SALE

408 Ives Ave Penns Grove, NJ 08069

Estimated Value: $256,148 - $345,000

3 Beds
1 Bath
1,936 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $51,000 $26 Per Sq Ft

Est. 457% increase in value since last sale

Current estimated payment $2,079/month

34 Days on Market

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of January 2016

Property is Being sold As-Is. Buyer is responsible for all required lender/gov't certifications and CO. This home qualifies for Freddie Macs First Look Initiative through 10/28/2015 for Owner Occupied Buyers. Investors and Second home buyers may submit offer at anytime, however, Offer will not be considered until after the 20 day time period allowed for Owner Occupied buyers. See Agent remarks for showing instructions and offer instructions.

Last Agent to Sell the Property

Monica Falciani

A J Falciani Realty License #0014018 Listed on: 10/07/2015

Last Buyer's Agent

MEGAN WEIDLE

American Dream Realty of South Jersey License #TREND:60049105

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 69x225

Parking

  • 2 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,936 Sq Ft Home
  • Property has 1.5 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Village Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 02-00162-00001

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Remarks Public: Property is Being sold As-Is. Buyer is responsible for all required lender/gov't certifications and CO. This home qualifies for Freddie Macs First Look Initiative through 10/28/2015 for Owner Occupied Buyers. Investors and Second home buyers may submit offer at anytime, however, Offer will not be considered until after the 20 day time period allowed for Owner Occupied buyers. See Agent remarks for showing instructions and offer instructions.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1.5
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1936
  • Living Area Sq Ft: 1936
  • Net Sq Ft: 1936.00
  • Price Per Sq Ft: 12.86
  • Above Grade Finished Sq Ft: 1936
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396394

Lot Info

  • Improvement Assessed Value: 166200.00
  • Land Assessed Value: 47100.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 69X225
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15525.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2192338
  • Tax Annual Amount: 5753.00
  • Assessor Parcel Number: 02-00162-00001
  • Tax Lot: 00001
  • Tax Year: 2015
  • Close Date: 01/26/2016

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Dec 11, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lafage Joseph A
Seller's Agent
Monica Falciani
A J Falciani Realty
Buyer's Agent
MEGAN WEIDLE
American Dream Realty of South Jersey
List Price
$24,900
Sold Price
$51,000
Premium/Discount to List
$26,100
104.82%
Current Estimated Value
$283,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,986
Avg. Annual Appreciation
19.04%
Original Mortgage
$82,802
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2015
Sold by
Miller Charles M and Kamenakis Peter G
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 9, 2008
Sold by
Kamenakis Ursula and Kamenakis Peter G
Bought by
Kamenakis Peter G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Kamenakis Ursula and Friedrich Richard Paul
Bought by
Kamenakis Peter G and Kamenakis Ursula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2003
Sold by
Adler Gail G and Adler Bernetta G
Bought by
Kamenakis Ursula and Friedrich Richard Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,086
Interest Rate
6.22%
Mortgage Type
FHA
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
Lafage Joseph A $1,000 Heritage Title And Abstract
Federal Home Loan Mortgage Corp -- None Available
Kamenakis Peter G -- --
Kamenakis Peter G -- --
Kamenakis Ursula $115,000 Heritage Title & Abstract Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafage Joseph A $40,500
Previous Owner Lafage Joseph A $82,802
Previous Owner Kamenakis Peter G $179,000
Previous Owner Kamenakis Peter G $35,000
Previous Owner Kamenakis Peter G $140,000
Previous Owner Kamenakis Ursula $114,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $51,000 +104.8% $26 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $24,900 -- $13 / 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
2024 $6,298 $176,900 $39,600 $137,300
2023 $6,298 $176,900 $39,600 $137,300
2022 $5,926 $176,900 $39,600 $137,300
2021 $5,870 $176,900 $39,600 $137,300
2020 $5,921 $176,900 $39,600 $137,300
2019 $5,970 $176,900 $39,600 $137,300
2018 $5,262 $167,100 $40,100 $127,000
2017 $4,906 $167,100 $40,100 $127,000
2016 $6,034 $213,300 $47,100 $166,200
2015 $5,753 $213,300 $47,100 $166,200
2014 $5,446 $213,300 $47,100 $166,200
Source: Public Records

Agents Affiliated with this Home

  • Monica Falciani

    Seller's Agent in 2016

    Monica Falciani

    A J Falciani Realty

    (609) 247-8650

    258 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    MEGAN WEIDLE

    American Dream Realty of South Jersey

See All Agents

Map

Source: Bright MLS

MLS Number: 1002714170

Bright MLS

APN: 02-00162-0000-00001

New Jersey Salem County Penns Grove 08069

408 Ives Ave, Penns Grove, NJ

This home is located at 408 Ives Ave, Penns Grove, NJ 08069 since 07 October 2015 and is currently estimated at $308,287, approximately $159 per square foot. This property was built in 1965. 408 Ives Ave is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Paul W. Carleton Elementary School, and Field Street Elementary School.

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