NOT LISTED FOR SALE

408 Meadowbrook Dr Unit 4H Mays Landing, NJ 08330

Estimated Value: $137,000 - $157,000

1 Bed
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $56,000

Est. 156% increase in value since last sale

Current estimated payment $942/month

14 Days on Market

Highlights

  • Ground Level Unit
  • Community Pool
  • Courtesy Bus
  • Cedar Creek High School Rated A-
  • Building Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Investors!! This 1 BR, 1 BA, first floor unit has a 10 year stable tenant who does not have any plans of moving. She loves her home and is welcoming of her new Landlord. Current lease runs through Feb 2019. Landlord replaced HVAC in 2015, HWH replaced in 2017, Disposal new, carpet new 2015. Condo fee includes, heat, water/sewer, lawn and snow contracts and pool care. Great turnkey investment. Contact listing agent for additional information.

Last Agent to Sell the Property

Debra Lafferty

COLLINI REAL ESTATE, LLC License #0564813 Listed on: 05/18/2018

Last Buyer's Agent

Debra Lafferty

COLLINI REAL ESTATE, LLC License #0564813 Listed on: 05/18/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1973

Lot Details

  • 479

Parking

  • 1.5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, gas, heat, pool
  • Meadowbrook Condos

Amenities

  • Building Patio
  • Courtesy Bus

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,887

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 05/18/2018
  • Year Built: 1973
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Pantry
  • Common Area Features: Bus Service, Patio, Pool

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Parking Exterior: One And Half Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Gas, Heat, Pool
  • Condo Name: Meadowbrook
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 29, 2018
Sold by
Lash Properties Llc
Bought by
Cef Properties Llc
Seller's Agent
Debra Lafferty
COLLINI REAL ESTATE, LLC
Buyer's Agent
Debra Lafferty
COLLINI REAL ESTATE, LLC
List Price
$62,900
Sold Price
$56,000
Premium/Discount to List
-$6,900
-10.97%
Current Estimated Value
$143,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,396
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Harmon Monte C
Bought by
Lash Properties Llc

Purchase Details

Closed on
Mar 2, 2003
Sold by
Kuo Hsiao Heien
Bought by
Harmon Monte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1989
Sold by
Greenspan Bertram and Susan Lynn
Bought by
Kuo Hsiao Heien and Kuo Hsiao,Hsi-Chiang
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
Cef Properties Llc $56,000 None Available
Lash Properties Llc $45,000 Old Republic Title Ins Co
Harmon Monte $51,500 --
Harmon Monte C $51,500 Fidelity National Title
Kuo Hsiao Heien $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harmon Monte $81,000
Previous Owner Harmon Monte C $76,500
Previous Owner Harmon Monte C $48,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $56,000 -11.0% --
06/01/2018 06/01/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $62,900 -- --
Source: South Jersey Shore Regional 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 $1,887 $55,000 $15,000 $40,000
2023 $1,774 $55,000 $15,000 $40,000
2022 $1,774 $55,000 $15,000 $40,000
2021 $1,770 $55,000 $15,000 $40,000
2020 $1,770 $55,000 $15,000 $40,000
2019 $1,581 $49,000 $9,000 $40,000
2018 $1,526 $49,000 $9,000 $40,000
2017 $1,379 $45,000 $5,000 $40,000
2016 $1,341 $45,000 $5,000 $40,000
2015 $1,295 $45,000 $5,000 $40,000
2014 $1,426 $54,300 $7,000 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505581

South Jersey Shore Regional MLS

APN: 12-00996-0000-00007-0000-C0408