NOT LISTED FOR SALE

409 Forest Rd Villas, NJ 08251

Estimated Value: $406,000 - $489,000

2 Beds
1 Bath
912 Sq Ft
$507/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $120,001 $132 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $2,759/month

Highlights

  • Rambler Architecture
  • No HOA
  • Living Room
  • 1 Fireplace
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of October 2015

HUD Case Number 351-556781. Property sold in AS IS condition. Property is IN (Insurable) for FHA fnancing with no repairs (subject to an FHA appraisal). 203 K eligible (subject to an FHA appraisal). Equal Housing Opportunity. Information from sources deemed reliable but not guaranteed. Buyer to verify all information before biddng.

Last Agent to Sell the Property

Roger Beam

(856) 404-2316 leebeamteam@aol.com Avalar - Atlantic Properties Listed on: 09/11/2015

Last Buyer's Agent

Jeanine Pescatore

(609) 513-4992 jeaninepescatore@live.com Real Broker, LLC License #449256

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1988

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 2 Open Parking Spaces

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

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

Utilities

  • Heating Available
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Villas Subdivision

Listing and Financial Details

  • Tax Lot 03045
  • Assessor Parcel Number 05-00512 13-03045

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1988
  • Remarks Public: HUD Case Number 351-556781. Property sold in AS IS condition. Property is IN (Insurable) for FHA fnancing with no repairs (subject to an FHA appraisal). 203 K eligible (subject to an FHA appraisal). Equal Housing Opportunity. Information from sources deemed reliable but not guaranteed. Buyer to verify all information before biddng.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 912
  • Living Area Sq Ft: 912
  • Net Sq Ft: 912.00
  • Price Per Sq Ft: 131.58
  • Above Grade Finished Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: LOWER CAPE MAY REGIONAL SCHOOLS
  • School District Key: 300200396107

Lot Info

  • Improvement Assessed Value: 70100.00
  • Land Assessed Value: 105000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3766244
  • Tax Annual Amount: 2942.00
  • Assessor Parcel Number: 05-00512 13-03045
  • Tax Lot: 03045
  • Tax Year: 2015
  • Close Date: 10/09/2015

MLS Schools

  • School District Name: LOWER CAPE MAY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 8, 2015
Sold by
Secretary Housing Urban Development
Bought by
Gallo Michael and Gallo Nancy
Seller's Agent
Roger Beam
Avalar - Atlantic Properties
Buyer's Agent
Jeanine Pescatore
Real Broker, LLC
List Price
$120,000
Sold Price
$120,001
Premium/Discount to List
$1
0.0%
Current Estimated Value
$462,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,661
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Apr 28, 2015
Sold by
Elsetinow Gerel L
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 16, 1988
Sold by
Suklje Robert
Bought by
Tucker Denis and Tucker Janet
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
Gallo Michael $120,001 Colligate Title
Secretary Of Housing & Urban Development -- Attorney
Tucker Denis $27,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $120,001 0.0% $132 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $120,000 -- $132 / 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 $3,551 $175,100 $105,000 $70,100
2024 $3,551 $175,100 $105,000 $70,100
2023 $3,500 $175,100 $105,000 $70,100
2022 $3,393 $175,100 $105,000 $70,100
2021 $3,292 $175,100 $105,000 $70,100
2020 $3,239 $175,100 $105,000 $70,100
2019 $3,159 $175,100 $105,000 $70,100
2018 $3,084 $175,100 $105,000 $70,100
2017 $3,087 $175,100 $105,000 $70,100
2016 $3,040 $175,100 $105,000 $70,100
2015 $2,942 $175,100 $105,000 $70,100
2014 $2,845 $175,100 $105,000 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002695026

Bright MLS

APN: 05-00512-13-03045